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Salman Rushdie’s ‘The Satanic Verses’ leaps to top of Amazon bestseller lists
British author Salman Rushdie poses behind some copies of his book “Joseph Anton” on October 1, 2012 in Berlin. Author Salman Rushdie’s “The Satanic Verses” topped several Amazon’s bestsellers lists on Tuesday, days after he sustained serious injuries in a stabbing at a lecture in New York. Johannes Eisele | Afp | Getty Images Author […]
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5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Markets looking up U.S. stock futures pointed to a rally Friday morning, a day after the three major indexes posted mixed results. On Thursday, the Dow finished […]
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Clothing subscriptions like Stitch Fix were once hot – but now might be the victims of ‘box fatigue’
A selection of men’s clothes packaged by Trunk Club, which was shuttered earlier this year after Nordstrom bought the personal styling service in 2014. Source: Trunk Club After earning a master’s degree a decade ago, David Hill wanted to amp up his personal style and signed up for the Trunk Club, which promised to mail […]
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Jim Cramer says to pick up these four stocks if the market goes down on Friday
CNBC’s Jim Cramer offered a list of stocks to buy on Friday if the market declines. “I was very disappointed in the performance of the tech stocks today … That said, I think the market will let you into the best ones and you’re going to get better prices again,” the “Mad Money” host said […]
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4 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. July’s soft PPI is welcome news for growth stocks Disney just crushed it Quick mentions: QCOM, AAPL, DIS, AMZN We need to be nimble in oil 1. July’s soft PPI […]
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Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was […]
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TikTok parent ByteDance acquires private hospital chain
TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters TikTok parent-company ByteDance’s healthcare unit in China, Xiaohe Health, has acquired a high-end healthcare organization called Amcare Healthcare. Bloomberg said the deal is worth $1.5 billion. Amcare Healthcare was founded in […]
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Deliveroo first-half losses widen as food delivery firm plans exit from the Netherlands
A Deliveroo rider near Victoria station on March 31, 2021 in London, England. Dan Kitwood | Getty Images Losses at British meal delivery firm Deliveroo swelled in the first half of 2022 while revenue growth slowed dramatically, as the disappearance of pandemic restrictions and a rise in the cost of living dented demand for online […]
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Citi’s stocks to play the biggest themes of our time like automation and AI
As markets remain saddled with short-term turmoil and recession fears, one top strategist recommends investors start seeking out stocks with long-term structural growth stories. Citi’s Scott Chronert believes stocks that play into the biggest trends of our time, such as artificial intelligence and automation, could start outperforming from here. “Why are we considering themes now? […]
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4 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. We are sticking to NVDA despite struggles in sector We’re trimming an oil stake Tensions with China could worsen chips shortage Quick mentions: CRM, COST, AMZN, DHR, DIS 1. We […]
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