Jim Cramer
What Jim Cramer expects from Boeing, and why he says Starbucks is a buy
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. Source
Read More
Jim Cramer: If this happens, Amazon stock might be able to end its ‘horrible slide’
Amazon has been terrible, the worst of the Magnificent Seven stocks this year. Source
Read More
CNBC Daily Open: Bad loans by regional banks should concern us all
Western Alliance Bank signage is displayed on the company’s Headquarters in downtown Phoenix, Arizona, on April 27, 2023. Patrick T. Fallon | AFP | Getty Images When you can’t repay a bank loan, that’s distressing — but probably not for the bank. But when tens of thousands of people, who had good credit ratings, can’t, […]
Read More
Cramer says ‘the old Salesforce is back’ after new targets point to faster growth
Salesforce struck back. The business software maker on Wednesday unveiled an optimistic, multiyear financial roadmap that rejects the sluggish-growth narrative that has been dogging the stock. “It’s the old Salesforce, and I’ve been waiting for the old Salesforce,” Jim Cramer said Thursday morning on CNBC. Shares of Salesforce are up more than 4% Thursday on […]
Read More
What Taiwan Semi’s blowout quarter means for these 2 portfolio chip stocks
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The U.S. stock market pushed modestly higher Thursday, buoyed by a strong revenue forecast from Taiwan Semi , which shifted Wall Street’s focus from escalating trade tensions with China. […]
Read More
BlackRock’s crypto push deepens with a retooled product to serve stablecoin issuers
BlackRock , a giant in the world of stocks and bonds, is ramping up its efforts to serve the stablecoin market, the company first told CNBC. This latest move from Larry Fink’s firm, set to be announced Thursday, aims to further capitalize on the boom in cryptocurrencies. The manager of $13.5 trillion in assets has […]
Read More
Abbott’s quarter disappoints again: We’re downgrading it and considering what to do next
Shares of Abbott Laboratories fell 3% on Wednesday after the diversified health-care company delivered another less-than-stellar quarter. Revenue in the third quarter ended Sept. 30 rose 6.9% to $11.37 billion, missing the $11.4 billion consensus estimate compiled by market data provider LSEG. Organic sales , excluding Covid testing results, rose 7.5%, beating the 5.9% estimate, […]
Read More
Cramer: This European company is key to understanding U.S.-China trade tensions
With U.S.-China trade tensions ratcheted back up, CNBC’s Jim Cramer said investors need to look to Europe to better understand the animosity between the world’s two largest economies. That’s where they will find ASML , the Netherlands-based maker of advanced lithography machines that are essential in producing the cutting-edge semiconductors from the likes of Nvidia […]
Read More