Nucor Corp: “I personally think that Nucor has moved up too much. … I have my eye on $160 to $165 and not before that.”
C3.ai Inc: “This stock has run up as part of the almost meme-like interest in [artificial intelligence]. … Ring the register.”
Cramer’s lightning round: Steel Dynamics is an excellent company
Business
Ultra-rich families spend more on their private investment firms as their fortunes rise
Anciens Huang | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment […]
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Business
Why New Balance’s ‘dad shoes’ are beating Nike as sales surge 19%
New Balance sales grew 19% last year to $9.2 billion as the legacy sneaker giant continued to outperform the global footwear market and take share from floundering competitors like Nike. The 120-year-old Boston-based footwear brand, which is private, exclusively shared its 2025 results with CNBC. In addition to the sharp 2025 growth, the retailer said […]
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Business
Walmart reports strong holiday growth, but earnings outlook falls short of estimates
Walmart said on Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street’s expectations as gains in e-commerce, advertising and its third-party marketplace boosted its business. For the full current fiscal year, Walmart said it expects net sales to increase by 3.5% to 4.5% and adjusted earnings per share […]
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