Markets
China’s long weekend tourism spend plunges to 39.2% of pre-pandemic levels
Shanghai and other parts of China remained in lockdown or subject to travel restrictions during a long holiday weekend in early April, sending an official count of tourism revenue plunging to just over a third of what it was prior to the pandemic. Hector Retamal | Afp | Getty Images BEIJING — As mainland China […]
Read More
These four apartment REITs could be good opportunities for investors to cash in on skyrocketing rent prices, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of apartment real estate investment trusts whose stock investors should consider buying to take advantage of soaring rent prices. “Since higher rents are only good news for landlords, why not just buy a landlord, or at least a piece of a publicly traded landlord? Don’t just be […]
Read More
Cramer’s lightning round: Fisker is the ultimate speculative stock
“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
Read More
Asia-Pacific stocks set for lower start as 10-year U.S. Treasury yield surges
SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Wednesday, following an overnight surge in the U.S. 10-year Treasury yield. The Nikkei futures contract in Chicago was at 27,550 while its counterpart in Osaka was at 27,565. That compared against the Nikkei 225’s last close at 27,787.98. Elsewhere, the SPI futures contract […]
Read More
These three LNG plays are worthy investments, Jim Cramer says
CNBC’s Jim Cramer on Tuesday picked three liquified natural gas stocks investors should consider purchasing. “Two are pure plays on liquefied natural gas exports – a little dicier – and then one is a more diversified story, really perfect for home-gamers who are worried about volatility,” the “Mad Money” host said. Russia’s ongoing invasion of […]
Read More
Stock futures inch higher ahead of Fed minutes release
Stock futures inched higher in overnight trading Tuesday as investors await the latest insights into the Federal Reserve’s policy tightening. Minutes from the Fed’s Tuesday meeting are slated for release Wednesday afternoon. Investors are bracing for new details about the Fed’s plan to reduce its balance sheet. Futures on the Dow Jones Industrial Average rose […]
Read More
Heed warnings from Fed’s Brainard and offload some stocks, Jim Cramer says
Investors should take Federal Reserve Governor Lael Brainard’s inflation policy comments to heart and sell some holdings, CNBC’s Jim Cramer said Tuesday. “This is not a sell everything call. … In fact, the health care stocks and the oils are still very attractive here, and I’d put more money in it if they come down. […]
Read More
Key people from the Fed just spooked the markets — here’s what they said
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters If there was any question about where the Federal Reserve stands on the key issue of the day […]
Read More
Fed’s Mary Daly says high inflation ‘is as harmful as not having a job,’ pledges rate hikes ahead
San Francisco Federal Reserve Bank chief of research Mary Daly stands near the podium before a speech at the CFA Society in San Francisco, California, U.S. July 10 2018. Ann Saphir | Reuters San Francisco Fed President Mary Daly is worried about inflation, telling an audience Tuesday that the high cost of living is causing […]
Read More
Fintech stocks Toast, Affirm drop on analyst concerns about ‘longer-term growth trajectories’
The Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Source: NYSE Shares of Toast and Affirm dropped on Tuesday after analysts at MoffettNathanson said “longer-term growth trajectories are likely to disappoint” at the two fintech companies. Toast, a point-of-sale software provider for restaurants, was down 11% as of Tuesday afternoon […]
Read More