Investment strategy
Cramer’s lightning round: BigCommerce is not a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Zebra CEO says freight costs have moderated, component shortages still a headwind
Zebra Technologies chief executive Anders Gustafsson told CNBC’s Jim Cramer on Friday that while the company has seen freight costs come down, shortages of components like semiconductor chips continue to cause issues. “Over the past two years, we’ve seen kind of a migration of some of the issues. Now, it started off with freight being […]
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Cramer’s week ahead: Retail giants report earnings, stay away from ‘toxic’ stocks
CNBC’s Jim Cramer said Friday that he’s breathing a sigh of relief as beaten-down stocks ‘have already taken enough hits,’ allowing investors to trade in a safer environment next week – though they still need to tread carefully. “When we’ve been beaten down to these levels, we reach a point where stocks that would normally […]
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‘U.S. consumer is alive and well’ — Affirm CEO says market turbulence has no impact on business
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U.S. consumer is alive and well. They’re shopping, they’re buying, they’re paying their loans, at least to Affirm quite well. Generally speaking, things are going according to […]
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Strategist says stock market may become a ‘meat-grinder of forlorn hope’ for dip-buyers
LONDON – Investors looking for value in the stock market during the ongoing downturn may be “deluding themselves,” according to Sean Corrigan, director at Cantillon Consulting. Fears that central banks will have to hike interest rates aggressively to curb inflation — at the risk of quashing growth as the global economy suffers concurrent hits from […]
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Buy now, pay later is not a boom, it’s a bubble, Harvard researcher says
Most people love the convenience of buy now, pay later. Since the start of the coronavirus pandemic, installment payments have exploded in popularity along with a general surge in online shopping. Initially, spreading out the cost of a big-ticket purchase — like a Peloton, for example — just made financial sense, especially at 0%. Now, 4 in […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures pop after the 30-stock average’s six-session losing streak The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., […]
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Morgan Stanley upgrades Ford, says parts of the automaker’s business are underestimated
After a significant pullback in Ford Motor ‘s share price this year, Morgan Stanley is taking another look at the auto stock. Shares of Ford are down 40% this year, underperforming the S & P 500’s 17.5% decline. “We believe the ‘run-off’ value of Ford’s authentic/emotional ICE (internal combustion engine) vehicles and fleet-oriented commercial end […]
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European stocks climb as global markets look for rebound; Stoxx 600 up 1.4%
LONDON — European stocks bounced on Friday as global markets looked to regain some ground after a bruising week, with investors assessing the outlook for inflation and interest rates. The pan-European Stoxx 600 added 1.4% by around noon, with travel and leisure stocks jumping 3% to lead gains as all sectors and major bourses traded […]
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For the first time, Japan’s SoftBank could spend more on share buybacks than new investments: CLSA
During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) said the company will go into “defense” mode as a result of myriad headwinds that have roiled global markets. Tomohiro Ohsumi | Getty Images Japanese conglomerate SoftBank Group may for the first time spend more on share buybacks than investments through its […]
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