Business
Cramer’s lightning round: BlackBerry is not a buy
Moody’s Corp: “They’re such a good company, but there’s been so little issuance for them to rate to begin with.” BlackBerry: “I’ve been against them the whole way down. They’re losing money.” Novavax Inc: “I’ve been saying, ‘sell this stock,’ the whole way down. And I’m not done.” Jim Cramer’s Guide to Investing Click here […]
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Jim Cramer goes over the best and worst Q3 performers on the Dow
CNBC’s Jim Cramer on Monday named the biggest losers and winners on the Dow Jones Industrial Average during the third quarter. “Anything economically sensitive has been crushed and even high-dividend yields are no protection when the Fed is on the warpath,” he said. Here are the winners: Winners Walmart Apple Home Depot Disney Chevron Stocks […]
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Jim Cramer says market rallies will have a ‘short shelf-life’ until the Fed beats inflation
CNBC’s Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down. “Right now you can get a bounce. Without some more data that shows the Fed’s actually winning the war against inflation, though, rates will keep going relentlessly higher and any rally will … have a very short […]
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GM and Ford shares fall after UBS downgrades on expectations for weakening demand
The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — Shares of General Motors and Ford Motor each tumbled Monday after a pair of UBS downgrades citing expectations for weakening demand amid inflationary pressures. Ford’s stock was down by roughly 7% in midday trading […]
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Goldman says a person important challenge will plague earnings season. But these shares is not going to be affected
As Wall Road kicks off third-quarter earnings this 7 days, Goldman Sachs expects traders will probably hear just one important issue occur up once again and once more for the duration of administration phone calls: the much better dollar. The investment bank stated that U.S. firms that depend on revenues generated overseas will face difficulties […]
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Digital World Acquisition Corp prepares merger-delay vote as Trump Media exec warns company will fail
The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year. Leon Neal | Getty Images Shareholders of Digital World Acquisition Corp., the blank-check company set to take Trump Media and Technology Group public, are due to vote Monday on a proposal […]
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Christopher Columbus is the target in bestselling Native American author’s new comic, and Hollywood wants in on it
“Earthdivers” writer Stephen Graham Jones at New York Comic Con on Oct. 7, 2022. Mike Calia | CNBC NEW YORK – Even in fourth grade, Stephen Graham Jones thought the heroic story of Christopher Columbus was a crock. “You mean the guy who stole all our land and killed our people and turned us into […]
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Rivian shares are set to slump after the company announced a big recall
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive are set to open sharply lower Monday after the electric vehicle maker said late on Friday that it is recalling over 12,000 vehicles – nearly every EV it has […]
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5 things to know before the stock market opens Monday
Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. The calm before the earnings storm After a strange week – stocks were higher despite three straight losing sessions – investors have a couple of days to […]
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Retailers trot out 12-foot skeletons, haunted house cookie sets to boost Halloween sales
A child looks at a halloween costume on the rack. At the Target department store in Exeter Township Tuesday afternoon for a story on halloween costumes. Ben Hasty | Medianews Group | Getty Images In the past few weeks, Craig Cislo dug out the spray-painted tombstones from his attic, scoured websites for a giant animated […]
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