Business
Cramer’s week ahead: Take any chance to sell stocks during a busy week of earnings
CNBC’s Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. “The market’s dominated by the tick, tick, tick of bonds, oil and the dollar. So, remember, if we have a big up day like yesterday, that is a chance to do some [selling] […]
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Cramer’s lightning round: I’m sticking by Intuitive Surgical
Qualcomm Inc: “It was painful to do, but I had to cut it back [for the Charitable Trust.]” Cisco Systems Inc: “I’m going to hold onto it for the Charitable Trust.” Disclaimer: Cramer’s Charitable Trust owns shares of Qualcomm and Cisco. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no […]
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Jim Cramer recaps 4 major banks’ earnings reports
CNBC’s Jim Cramer on Friday offered investors his thoughts on the major banks that reported earnings this week. “If the whole market hadn’t already roared yesterday, I think we could’ve had a nice rally in response to these numbers. But, as it is, I’d say this is a surprisingly solid start to earnings season,” he […]
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Omicron BA.5 is declining in the U.S. as emerging variants gain ground, CDC data shows
The U.S. faces at least seven different versions of Covid-19 omicron as the nation heads into winter when health officials are expecting another wave of viral infections. Although the omicron BA.5 variant remains dominant in the country, it is starting to lose some ground to other versions of the virus, according to data from the […]
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Cloud shares just wrapped up their worst week considering that January, led by plunge in Five9 and SentinelOne
Rowan Trollope, CEO, 59 Scott Mlyn | CNBC Cloud shares plummeted 11% this week, the steepest fall because January, as executive departures at 59 and Zscaler and investors’ ongoing rotation out of hazard merged to ship the group to its most affordable amount considering that March 2020. The WisdomTree Cloud Computing Fund, a basket of […]
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Rupert Murdoch explores putting Fox and News Corp back together, report says
President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the Intrepid Sea, Air and Space Museum May 4, 2017 in New York. Brendan Smialowski | AFP | Getty Images Rupert Murdoch is […]
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Nikola founder Trevor Milton discovered responsible of fraud around statements he built whilst CEO of the EV business
Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric powered large truck maker Nikola, was located guilty in federal courtroom on Friday of a few of 4 counts of fraud relating to untrue statements he built to drive up the value of Nikola’s stock. […]
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Kroger has to win over Wall Street and Washington on its Albertsons deal – here’s how it plans to do that
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Kroger knows it needs the blessing of investors and federal regulators to pull off its $24.6 billion deal to buy rival grocery company Albertsons. It started making its case Friday, when the companies […]
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Stocks making the biggest moves midday: JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading Friday. Albertsons — Shares of the Safeway owner dropped 7% on news that Kroger […]
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California approves desalination plant as historic drought hits water supplies
California Gov. Gavin Newsom (R) tastes wastewater that was treated at the Antioch Water Treatment Plant with Antioch Mayor Lamar Thorpe (L) on August 11, 2022 in Antioch, California. Justin Sullivan | Getty Images California regulators this week approved a $140 million desalination plant that could convert up to 5 million gallons of seawater each […]
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