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Stocks making the biggest moves premarket: PepsiCo, Gap, Peloton and others
Finance

Stocks making the biggest moves premarket: PepsiCo, Gap, Peloton and others

Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates, and revenue topped Wall Street forecasts. The company also raised its full-year forecast as consumer demand holds up even as prices rise. PepsiCo gained 1.2% […]

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Buy these stocks to bet on the resilient U.S. consumer, Jefferies says
Business

Buy these stocks to bet on the resilient U.S. consumer, Jefferies says

Investors looking for one of the biggest bargains in the downtrodden market should look no further than casual dining, according to Jefferies. Rising inflation and worries of a recession have driven shares of many casual dining stocks downward. But the dip may be over for now as the consumer is proving more resilient than anticipated, […]

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Several restaurant CEOs have joined the Great Resignation. Here are 6 chains with new leaders
Business

Several restaurant CEOs have joined the Great Resignation. Here are 6 chains with new leaders

Restaurant CEOs are the latest wave of workers to join the Great Resignation. In the last six months, six chief executives of publicly traded restaurant companies have announced plans to step down, either to retire or to move on to a new corporate challenge. Their announcements came after a tumultuous two years for the restaurant […]

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Stocks making the biggest moves midday: GameStop, Uber, Nielsen Holdings and more
Finance

Stocks making the biggest moves midday: GameStop, Uber, Nielsen Holdings and more

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer dropped 6% on huge trading volume. More than 8 million shares […]

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Stocks making the biggest moves in the premarket: Nielsen Holdings, FedEx, LHC Group and more
Finance

Stocks making the biggest moves in the premarket: Nielsen Holdings, FedEx, LHC Group and more

Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equity consortium for $28 per share. The deal is worth $16 billion, including assumed debt. FedEx (FDX) – FedEx CEO Fred […]

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Jim Cramer says investors should use these rules to build a turbulence-proof portfolio
Business

Jim Cramer says investors should use these rules to build a turbulence-proof portfolio

Investors should follow a certain set of rules when building their portfolios to weather the market volatility that Monday’s rally suggests could happen, Jim Cramer said. “When you see new, unseasoned merchandise exploding higher, along with names like Tesla surging on … a stock split, it tells you there might be a little too much […]

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Cramer’s week ahead: Tight March labor report could lead Fed to a 50-basis point rate hike
Business

Cramer’s week ahead: Tight March labor report could lead Fed to a 50-basis point rate hike

CNBC’s Jim Cramer on Friday warned that a 50-basis point rate hike could be coming if the March labor report set to be released next Friday reveals a tighter-than-ever job market. “I fear that it will show the tightest labor market in 50 years. … If Fed Chief Jay Powell doesn’t catch a break when […]

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