Business
Toyota hits sales milestone for electric vehicles, joins Tesla and GM in losing tax incentives for buyers
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phase out of U.S. tax credits of up to $7,500 for people who buy the cars. The Japanese automaker joins Tesla […]
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5 things to know before the stock market opens Wednesday
Traders on the floor of the NYSE, June 27, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stocks in a holding pattern U.S. stock futures were essentially flat across the board Wednesday morning, following a late rally the day before. While the Dow finished […]
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Stocks making the biggest moves premarket: Uber, DoorDash, Spirit, Altria and more
Check out the companies making headlines before the bell: Uber (UBER), DoorDash (DASH) – Uber fell 3.1% in the premarket while DoorDash tumbled 7.5%, following the news that Amazon (AMZN) struck a deal to add membership in rival food delivery service Grubhub as a free benefit for its “Prime” members. Amazon’s deal also gives it […]
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VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection
Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty Images Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and […]
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Cramer’s lightning round: I have no catalyst to recommend SoFi
Oasis Petroleum Inc: “Everybody hates oil so much, we’ve got to do more work. But I like the idea in principle.” Cloudflare Inc: “I don’t like companies that aren’t making money, but I think [CEO] Matthew Prince should come on the show because they are doing so well.” MP Materials Corp: “It has been a […]
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Jim Cramer says investors should eye these three tech names in the Nasdaq 100
CNBC’s Jim Cramer on Tuesday told investors his three stock picks from the worst- and best-performing stocks in the Nasdaq 100 during the first half of this year. “Tech stocks were horrendous in the first half. … No Apples, no Googles, no semis, no software as services – just default names that show you that […]
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Jim Cramer picks 7 Dow stocks that investors should consider owning
CNBC’s Jim Cramer on Tuesday offered investors his stock picks from the best- and worst-performing stocks in the Dow Jones Industrial Average during the first half of the year. Companies in the Dow “tend to be boring, mature companies that typically pay nice dividends, which is what protects you when the Fed is tightening,” the […]
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Cramer says investors shouldn’t fear market declines and instead look for buying opportunities
CNBC’s Jim Cramer on Tuesday said that investors shouldn’t fear the market’s declines now that interest rates are coming down since that means there are buying opportunities. “You can’t have it both ways. You can’t be scared of higher rates and lower rates. History says we should like lower interest rates. … And, of course, […]
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‘Minions’ vs. ‘Lightyear:’ Here’s why the silly yellow blobs beat Buzz at the box office
Two blockbuster animated franchises went head-to-head at the box office this past weekend. One of them benefited from buzz — and it wasn’t “Lightyear.” In just three days, Universal and Illumination’s “Minions: The Rise of Gru” tallied more than $107 million in domestic ticket sales and topped $200 million globally. Its rival, Disney and Pixar’s […]
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California federal judge throws out Trump-era changes that weakened Endangered Species Act
A Mexican gray wolf leaves cover at the Sevilleta National Wildlife Refuge, Socorro County, N.M. Jim Clark | U.S. Fish and Wildlife Service via AP A California federal judge on Tuesday threw out Trump-era changes to the landmark Endangered Species Act, voiding regulations that made it harder to protect wildlife from the effects of human development […]
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