Investment strategy
Russia still faces a high chance of default, despite payment
Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles. Mikhail Tereshchenko | Sputnik | via Reuters Although Russia has so far averted a historic debt default since sanctions were […]
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Papa John’s delivery driver staffing levels are getting ‘progressively better,’ CEO says
Papa John’s is seeing improvement in staffing levels for delivery drivers, CEO Rob Lynch told CNBC’s Jim Cramer on Monday. “April was a challenging month, but our staffing situation has gotten progressively better. We’re starting to get drivers to come in and take the orders. … Our demand is still huge, and it’s been a […]
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Cramer’s lightning round: New York Community Bancorp’s yield is too high
“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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These stocks could provide ‘downside protection’ as inflation soars, Bernstein says
As surging inflation puts significant pressure on margins, Bernstein names stocks with pricing power that could outperform. Source
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HSBC thinks these global energy stocks could be winners — and gives one upside of over 100%
HSBC says a “generational shift” in energy policy could be on the horizon— and names the stocks it thinks could benefit. Source
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The S&P 500 is dropping again, but chart analysts don’t see signs of a bottom yet
Technical indicators show that the market could have significant downside left. Source
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Use market downturn to upgrade your portfolio with solid, reasonably priced growth stocks, Cramer says
CNBC’s Jim Cramer on Monday said that investors willing to brave the current market should switch out their non-profitable holdings for stocks that have cheap valuations and better-than-average growth rates. “I’m not advocating staying in the market, so much as I want you to take some losses and swap into better stocks that can spring […]
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Stock futures are slightly higher after S&P 500 falls to its lowest level in more than a year
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE U.S. stock futures are slightly higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average futures rose by 65 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and […]
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Bitcoin drops more than 10% on Monday, dips below $31,000 just days after topping $40,000
Bitcoin dropped more than 10% on Monday, dipping below $31,000 after touching a recent high of $40,000 last week. The price of bitcoin was last down 10.6% at $30,914.84, according to Coin Metrics. The cryptocurrency is at its weakest point since last July when Bitcoin traded as low as $29,839.80 – the last time bitcoin […]
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Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check deals got caught in a double whammy of regulatory crackdown and tough market environment. “We are reducing our involvement […]
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