business news
Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%
SINGAPORE — Shares in Japan led gains in Asia-Pacific during Wednesday morning trade, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy. The Nikkei 225 rose 2.59% as shares of SoftBank Group jumped 8.03%. The Topix index advanced 1.98%. In Hong Kong, shares of Xiaomi surged 5.49% […]
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Investors face a slew of headwinds, Citi says. Here are its top stocks to play it — including one it says has upside of nearly 130%
As macro headwinds continue to persist, Citi has a number of stock picks it thinks will continue to do well. Source
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Goldman Sachs has a bunch of stock picks to play the latest autos trend
Tesla — and some under-the-radar stocks — are among Goldman’s picks to play the future of the auto industry. Source
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Charts suggest corn and wheat futures could continue to rise due to Russia-Ukraine war, Cramer says
CNBC’s Jim Cramer on Tuesday said corn and wheat prices could continue to rise due to Russia’s invasion of Ukraine, leaning on analysis from Carley Garner, senior commodity market strategist at DeCarley Trading. “The charts, as interpreted by Carley Garner, suggest that both wheat and corn prices are headed higher here. Maybe much higher. And […]
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The metaverse may bring new cyber risks. Here’s what companies can do
An employee wearing HTC’s Vive virtual reality headset plays a video game at the T.UM showroom in the SK Telecom Co. headquarters in Seoul, South Korea, on June 11, 2021. SeongJoon Cho | Bloomberg | Getty Images Imagine discussing a confidential multimillion-dollar deal with your boss. The conversation ends, and you both leave. A while […]
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Cramer’s lightning round: Micron is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Investors should watch for these five agriculture stocks, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of five agriculture stocks he believes investors should consider purchasing. The Russia-Ukraine war has caused agriculture to rally significantly, and “given that Russia and Ukraine account for roughly a third of the world’s wheat production, there’s a real possibility that we could be looking at a global […]
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Ryan Cohen scoops up 100,000 more shares of GameStop, meme stock soars as much as 20% after hours
NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as about 20% in after-hours trading Tuesday after a 30% rally […]
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Jim Cramer tells investors to ‘bow down to the Fed’ and beware of false market optimism
CNBC’s Jim Cramer on Tuesday warned investors against buying unprofitable stocks due to unwarranted optimism about the stock market. “While I appreciate hope as a mindset, I’m not as confident as a lot of the buyers who are paying up. … We are seeing a level of enthusiasm here that to me feels unjustified. We […]
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Elon Musk’s SpaceX sent thousands of Starlink satellite internet dishes to Ukraine, company’s president says
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter WASHINGTON – SpaceX has sent “thousands” of Starlink satellite internet kits to Ukraine, company President Gwynne Shotwell told CNBC on Tuesday. Elon Musk’s space company began sending Ukraine shipments of Starlink satellite kits — which come with […]
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