Business
Cramer’s lightning round: Editas Medicine is not a buy
DraftKings Inc: “They are in a battle, a pure battle to try to get market share and right now, there is no sign that the battle is over. … I do think they’ll win.” SoFi Technologies Inc: “I can’t tell you to sell it. But I can also tell you, maybe I’m not the answer […]
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Jim Cramer says he would buy Hershey stock now and down on the ‘next inflation scare’
CNBC’s Jim Cramer on Monday advised investors to pick up stock of Hershey for their portfolios. “Hershey’s the most consistent growth stock in a group where safety’s first, and you know what they say, safety never takes a vacation. I would buy some here, then wait to buy more if the stock gets hit the […]
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WHO says it closely watching China as it grapples with its worst Covid surge of the pandemic
The World Health Organization on Monday said it is monitoring a major surge in Covid cases in mainland China, an outbreak that local officials have attributed to the more contagious omicron BA.2 subvariant. Dr. Kate O’Brien, director of WHO’s immunization and vaccine program, said the agency is in contact with public health authorities in China […]
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The pandemic boom in PC sales is over
Shoppers are deciding to buy a Microsoft laptop at Best Buy in Tampa, Florida, November, 2021. Octavio Jones | Getty Images PC shipments declined sharply in the first quarter of 2022, according to new industry estimates, suggesting that the pandemic boom in PC sales is over. Gartner said on Monday that it estimates that PC […]
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Fanatics wants to be a $100 billion company – here’s how it plans to get there
Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta. Paul R. Giunta | Invision | AP Sports e-commerce company Fanatics is growing quickly, but it’s still nowhere near where it aims to be. Recently, the company said, it reached a $27 billion valuation and it wants to […]
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Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.9%, or $4.02, to trade at […]
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Denver over Dubai: U.S. airports dominate rankings of world’s busiest last year
Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airports made up eight of the 10 busiest hubs around the world last year, according to new rankings released Monday, as a jump in domestic leisure travel displaced some […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are down to start the week People walk along Wall Street near the New York Stock Exchange on March 08, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were slightly […]
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Video shows what happens when a driverless car gets pulled over
A recent video posted online shows a driverless Cruise car getting pulled over in San Francisco by police who found the autonomous vehicle didn’t have anyone behind the wheel. In the video posted on April 1, the Cruise car initially pulls over to the side of the road and stops as a cop approached the […]
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Earnings playbook: Big banks and an airline kick off the reporting season
The corporate earnings season will get going next week with some of the biggest U.S. banks slated to report. Source
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