Business
Cramer’s lightning round: I like Morgan Stanley over SoFi Technologies
Morgan Stanley: “That’s the kind of stock that we like here. … We are in real companies that make real things, return real capital and Morgan Stanley is one of those.” Intuitive Surgical Inc: “I’m now even gun-shy on the 50 times earnings and more stocks, because those are not working. … Be very careful.” […]
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Kroger, Albertsons CEOs defend grocery tie-up, say deal won’t hurt competition
Albertsons and Kroger supermarkets Bridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty Images The battle over whether grocery giants Kroger and Albertsons should be allowed to combine is heating up. On Tuesday, leaders of the two companies defended their proposed merger at a congressional hearing in Washington, where they faced a series […]
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Charts suggest the S&P 500 is at a ‘make-or-break’ moment, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that the S&P 500 is at a critical moment that could send it higher or cut its upward trajectory short. “The charts, as interpreted by Carolyn Boroden, suggest that the S&P 500 could be due for some near-term turbulence if it can’t break out above last week’s highs,” he […]
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Jim Cramer says he likes stocks in these 4 industries over tech right now
CNBC’s Jim Cramer on Tuesday offered investors a list of industries they should eye over tech when managing their portfolios. Here is his list: Industrials Foods Pharmaceuticals Oils “Why rubberneck when you can invest in stocks of companies that have a lot going for them? I think that’s much better than sifting through the wreckage […]
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Stocks making the biggest moves after hours: Workday, CrowdStrike, Horizon Therapeutics and more
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines in after-hours trading. Workday — Workday gained 6% postmarket Tuesday after earnings beat Wall Street estimates on both the top- and bottom lines. The software vendor reported adjusted earnings per share of 99 cents on $1.6 billion in […]
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Elon Musk could be luring Apple into a battle with Republicans
Tim Cook walks in the Paddock prior to the F1 Grand Prix of United states at Circuit of The Americas on Oct 23, 2022 in Austin, Texas. Jared C. Tilton | Getty Photos In excess of the past 7 days, Twitter owner Elon Musk has been poking Apple, the major bear of Silicon Valley, which […]
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Tesla still dominant, but its US market share is eroding as cheaper EVs arrive
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Global Mobility. The data firm found that Tesla’s market share of new registered electric vehicles in the U.S. stood at 65% through […]
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‘Glass Onion’ could have made $200 million, but Netflix only let it play in theaters for a week
Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “Knives Out” opened in nearly 700 theaters, the largest release of any Netflix original film to date, last Wednesday ahead of the Thanksgiving holiday weekend. “Glass Onion” leaves theaters […]
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Shopper turnout hit record high over Black Friday weekend, retail trade group says
A customer searches for shoe products inside a Macy’s store during Black Friday sales on November 25, 2022 in Jersey City, New Jersey. Kena Betancur | Getty Images A record number of holiday shoppers – 196.7 million – flocked back to stores and hunted for deals from Thanksgiving Day to Cyber Monday, according to a […]
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Stocks making the biggest moves midday: Apple, Chevron, Bilibili, Hibbett & more
In this article WYNN BILI JD HSBC Follow your favorite stocksCREATE FREE ACCOUNT Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Tuesday. Bilibili — Shares surged more […]
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