Business
SEC charges Twilio engineers with insider trading during early days of pandemic
The Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam […]
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Cramer’s lightning round: I like Nucor over ArcelorMittal
Enbridge Inc: “I like Enbridge. Wall Street doesn’t like it.” ArcelorMittal SA: “It’s okay. Nucor’s better. Nucor’s a better company. I’m always going to go with Nucor because it’s best in breed.” Disclosure: Cramer’s Charitable Trust owns shares of Wells Fargo and Nucor. Source
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I’m not buying KB Home stock until KB Home does, says Jim Cramer
KB Home is currently a risky stock to buy despite its low price, evidenced by the company’s own disinterest in purchasing its stock, CNBC’s Jim Cramer said Monday. “If KB starts buying back its stock aggressively, I’ll be right there with them. If they don’t, I’m staying on the sidelines,” the “Mad Money” host said. […]
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Jim Cramer says investors should use these rules to build a turbulence-proof portfolio
Investors should follow a certain set of rules when building their portfolios to weather the market volatility that Monday’s rally suggests could happen, Jim Cramer said. “When you see new, unseasoned merchandise exploding higher, along with names like Tesla surging on … a stock split, it tells you there might be a little too much […]
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Terran Orbital starts trading on the NYSE with $200 million in outstanding spacecraft orders
Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding orders. Terran trades under the ticker LLAP — a reference to the Star Trek saying “live long and prosper” – with shares previously listed under the special purpose […]
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NFL coaches are divided over whether to change overtime rules
Kansas City Chiefs football team head coach Andy Reid speaks to journalists at a coaches press availability during the NFL owner’s meeting, Monday, March 28, 2022, at The Breakers resort in Palm Beach, Fla. Rebecca Blackwell | AP PALM BEACH, Fla. – Baltimore Ravens head coach John Harbaugh wants no part of a new overtime […]
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Disney vows to help repeal ‘Don’t Say Gay’ law, says Florida Gov. DeSantis shouldn’t have signed it
Walt Disney employees and demonstrators during a rally against the Florida “Don’t Say Gay” bill at Griffith Park in Glendale, California, U.S., on Tuesday, March 22, 2022. Alisha Jucevic | Bloomberg | Getty Images After Gov. Ron DeSantis signed Florida’s so-called “Don’t Say Gay” bill into law on Monday, the Walt Disney Company condemned the […]
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Watch live: Biden discusses proposed tax on ultra-rich and defense spending in 2023 budget
[The stream is slated to start at 2:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is scheduled to unveil his 2023 federal budget on Monday afternoon at the White House. The budget request to Congress features tax hikes on the ultra-wealthy and […]
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How to trade restaurant stocks as higher gas prices hit consumers, according to Piper Sandler
History shows that dine-in restaurants, like Olive Garden’s parent Darden, outperform when oil prices surge, the firm found. Source
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The Oscars ceremony was a mess even before Will Smith slapped Chris Rock
Will Smith slaps actor Chris Rock onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Sunday’s 94th Academy Award ceremony was already a ham-handed attempt at boosting ratings even before the soon-to-be Oscar-winning actor Will Smith slapped Chris Rock on stage. […]
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