Business
Stocks making the biggest moves premarket: Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s report that the House will vote for a second time next week to legalize cannabis at the federal level. The House passed such a bill in 2020, […]
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Here are seven milestones and storylines to watch for at the Academy Awards
Ariana DeBose stars as Anita in Steven Spielberg’s new “West Side Story” movie. 20th Century Studios LOS ANGELES – Hollywood’s biggest night is Sunday, and there could be plenty of history made. With the diversity in this year’s crop of Oscar nominees, audiences are likely to see a number of milestones set. The academy often […]
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BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “other decarbonisation projects, including hydrogen.” The agreement will see […]
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History shows investors should stick to profitable companies if Fed tightens inflation action, Jim Cramer says
CNBC’s Jim Cramer on Thursday advised investors to invest in profitable companies if the Federal Reserve institutes a half-point double rate hike, using an analysis of the Fed’s last double rate hike and its aftermath in 2000. “We know what works when the Fed tightens aggressively. The lesson of 2000 is to stick with profitable […]
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Agco CEO says Russia-Ukraine war’s potential consequences on global food supply is ‘a really big deal’
Diminished food supply resulting from Russia’s invasion of Ukraine has potential consequences beyond empty stomachs, Agco chief executive Eric Hansotia told CNBC’s Jim Cramer on Thursday. According to Hansotia, about “13% of the global calories came out of production” when Russian and Ukrainian borders shut down. “This is a really big deal, because when that […]
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Cramer’s lightning round: Stanley Black & Decker 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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Hedge funds choosing ‘fresh’ stocks over obvious winners drove Thursday’s rally, Jim Cramer says
CNBC’s Jim Cramer said that Thursday’s rally was driven by hedge fund managers’ desire for fresh stocks over trusted winners and that investors should not overthink the currently seesawing market. “Traders wanted something new — not Archer-Daniels-Midland or Exxon, but AMD and Estee Lauder,” the “Mad Money” host said. “The hedge funds are in charge […]
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Nvidia, Intel lead rally in chip stocks as optimism on economy boosts riskier assets
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Semiconductor stocks rose on Thursday as investors regained their […]
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Investing Club: We’re sticking with Nucor for now, but its rally to new records may not last
After taking profits in Nucor three times this month, we’re tempted to trim at even higher prices but going to let it ride for a bit. Source
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Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its new fare class: a second-cheapest option it hopes will reel in customers willing to pay up for more flexibility. The “Wanna Get Away Plus” fare […]
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