Markets
Cramer’s lightning round: I like Tesla over Sunrun
Monday.com Ltd: “They’re losing too much money. So I’ve got to say no to Monday.” Sunrun Inc: “I would rather own Tesla … than own Sunrun, which is losing a lot of money.” Gores Guggenheim Inc: “There was a time, a time where I would’ve said this one could be good. … I can’t do […]
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Cramer says if you believe in oil, HighPeak Energy is an aggressive play that could pay off
CNBC’s Jim Cramer on Tuesday said that investors bullish on oil should consider betting on HighPeak Energy. “If you believe the price of oil can stay elevated here, possibly because the war in Ukraine will turn into a drawn-out stalemate, then you’ll likely get more upside out of an aggressive oil producer like HighPeak Energy,” […]
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Jim Cramer: Be ready to pounce with cash on hand when market uncertainty settles
CNBC’s Jim Cramer on Tuesday told investors that they shouldn’t rely on optimism as a market strategy, but should still be prepared to act when the market recovers. “I think you can do very well right now in a balanced portfolio that also has a lot of cash on the sidelines. You want to be […]
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Stock futures inch higher following highest inflation data in decades
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 4, 2022. Brendan McDermid | Reuters Stocks futures inched higher in overnight trading as investors weighed the latest inflation data for March. Futures on the Dow Jones Industrial Average rose 20 points or 0.06%, while S&P 500 futures […]
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Cathie Wood explains why she’s been selling Twitter amid Elon Musk board drama
Cathie Wood said Tuesday she’s dumping her Twitter stake following the recent drama surrounding its management and board of directors. Source
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Investing Club: Here’s why we’re reversing last month’s downgrade of American Eagle
With shares trading at 8 times earnings with a 4.3% dividend yield and management finally acknowledging the low valuation of the company, we are having a hard time continuing to be so pessimistic about this name. Source
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Netflix subscriber numbers to take a hit from removal of Russian customers, analysts warn
The streaming platform on March 6 pulled its service in Russia following the country’s invasion of Ukraine. Source
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Concerned about inflation? Here’s why stock investors should stay the course, says Ritholtz COO
For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth Management. Prices that consumers pay for everyday items surged a whopping 8.5% in March, the highest levels since the early days of the […]
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Airfare surged 20% over pre-pandemic levels in March as inflation hit vacations
Travelers wait in line at the Delta Air Lines check-in area at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Airfare is surging as higher fuel prices and strong travel demand drive up the cost of flights. Consumers spent $8.8 billion […]
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Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares dipped more than 8% after reporting a beat on revenue but a miss on […]
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