Business
Cramer’s lightning round: I like Deere over Mosaic
Mosaic Co: “If you want to be in that group, you should be in Deere, because that’s been able to come back regardless of the cycle of fertilizer.” Novocure Ltd: “It’s still the best thing for experimental and sad brain cancer, and I think it’s going to be the standard for a long time.” Archer-Daniels-Midland […]
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Jim Cramer says stubborn investors are taking the ‘wrong approach’ to the market
CNBC’s Jim Cramer on Tuesday warned investors not to be so set in their ways that they miss the chance to make money. “The level of negativity about stocks at this moment is the highest it’s been in years. … There’s a new class of investors who buy stocks not based on fundamentals, but based […]
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Activision employees announce second union ahead of game company’s sale to Microsoft
Bobby Kotick, CEO of Activision Blizzard, attends the Allen & Company Sun Valley Conference on July 8, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images A group of software testers at Activision Blizzard have formed the company’s second union, months before Microsoft is expected to close its nearly $69 […]
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Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Netflix shares jumped 8% after the company said it lost fewer subscribers than anticipated during the second quarter. The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. This comes on the heels of Netflix tapping […]
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Stocks making the biggest moves midday: IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 5.25% after the tech company warned of a potential $3.5 billion […]
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Google will once again test augmented reality glasses in public
Google AR glasses prototype Google Google will test augmented reality prototypes in public settings, the company said in a blog post on Tuesday. Some prototypes will look like normal glasses and will be equipped with microphones and cameras as well as transparent displays. The new glasses aren’t a product yet and aren’t available to the […]
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CDC panel unanimously recommends Novavax Covid-19 vaccine for adults
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images The Centers for Disease Control and Prevention’s independent advisors recommended Novavax’s two-dose Covid-19 vaccine as a primary series for adults on […]
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These 10 stocks are expected to rally into the end of the year, Truist says
Truist came out with a spate of stock picks that could rally sharply in the back half of the year. A list of 65 high-conviction picks including Shake Shack and O’Reilly Automotive turned up after the firm searched for stocks that could post big gains heading into the year-end, even as they contend with greater […]
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Apple agrees to pay up to $395 to MacBook owners who replaced ‘butterfly’ keyboards
The keys on the keyboard take some getting adjusted to. Todd Haselton | CNBC Apple agreed to a $50 million settlement in a class-action lawsuit on Monday night over the company’s “butterfly keyboard,” which was installed on MacBook laptops between 2015 and 2019. The settlement will likely lead to payouts to customers in seven U.S. […]
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‘What recession?’ Evercore ISI says after bank earnings show consumers are paying their debts
The odds of recession may be rising, but consumers haven’t gotten the memo yet. That’s one of the main takeaways from second-quarter reports from the six biggest U.S. banks. While signs of financial stress and the impact of rising interest rates have begun to appear at banks’ Wall Street operations, the core lending and deposits […]
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