Business
Natural gas surges 9% to highest level since 2008 as Russia’s war roils energy markets
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would weaken the effectiveness of Western sanctions and benefit Russia, Japan’s industry minister said on Friday. Kiyoshi Ota | Bloomberg | […]
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Peter Thiel’s luxury New Zealand lodge should be rejected, council planner says
Peter Thiel has properties all over the world but a proposed luxury lodge in New Zealand may not come to fruition. Marco Bello | Getty Images The future of Peter Thiel’s luxury lodge on New Zealand’s South Island hangs in the balance after a senior planner for the local council said the tech billionaire’s development […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are lower after Monday’s intraday reversal Traders work on the floor of the New York Stock Exchange (NYSE) on April 25, 2022 in New York City. Spencer Platt | Getty Images Stock futures were slightly […]
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Burger King parent earnings beat estimates as revenue climbs 15%
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading customers with imagery that portrays its food, including the Whopper burger, as being much larger […]
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Pfizer reports combined sales of $15 billion for Covid vaccine and antiviral treatment in first quarter
Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer beat on its top and bottom line in its first quarter earnings report, driven by strong sales of its Covid vaccine and oral antiviral treatment. The pharmaceutical giant […]
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Jim Cramer says to buy the dip on days like Monday: ‘It’ll be too late’ if you wait for the Fed
“I know from experience that if you wait until the [Federal Reserve] is done and inflation’s broken, it’ll be too late to buy,” the “Mad Money” host said. Source
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Rocket Lab helicopter catches but drops rocket booster in first reuse attempt
The Electron booster comes into view of the company’s helicopter for the catch. Rocket Lab Space company Rocket Lab briefly caught its Electron rocket using a helicopter after a launch for the first time on Monday, but released the booster and dropped it into the ocean before recovering it. “After the catch the helicopter pilot […]
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Cramer’s lightning round: I like Magna over Tenneco
“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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Best Buy CEO says gaming engagement will continue across platforms even as people return to in-person activities
Best Buy CEO Corie Barry told CNBC’s Jim Cramer on Monday that she believes consumers will continue to seek out gaming and products related to it, even as in-person activities abound. “Gaming is much bigger than any cycle. It is social, it is [virtual reality], it is console, it is computing. It is for fun, […]
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Stock futures are lower after big market reversal to start May
U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jones Industrial Average futures fell 59 points, or 0.2%. S&P 500 and Nasdaq 100 futures dipped 0.2% and 0.3%, respectively. Earlier in the day, the major averages posted a wild up-and-down session with the Nasdaq […]
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