Markets
Elon Musk asks Twitter users if they want an edit button; shares rise in premarket trading
Elon Musk’s investment in Twitter comes after he said he was considering building a new social media platform. Jim Watson | AFP | Getty Images Elon Musk has asked Twitter users if they want an edit button to be added to the platform — hours after taking a 9.2% passive stake in the company, making […]
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IPO deals in China and Hong Kong slump as omicron cases jump
The number of public listings in greater China fell significantly in the first quarter of the year, but still performed better than other global markets, data from consultancy EY showed. Greater China overall had a 28% drop in the number of initial public offerings, although IPO activity in Hong Kong was slower compared to mainland […]
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JPMorgan says 3 stocks could be winners if U.S.-listed Chinese stocks avert delisting
JPMorgan’s equity macro research team has new confidence that U.S.-listed Chinese stocks like are poised to gain. Source
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Qualcomm CEO says company is focusing on dividends to bring shareholders value
Qualcomm is currently focusing on using dividends to bring shareholders value rather than buying back its stock, chief executive Cristiano Amon told CNBC’s Jim Cramer on Monday. “We had increased our dividend. We talked about annualized dividend targets, high single digits, low double-digit growth rates, and we are going to continue to look for opportunistic […]
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Some of the first quarter’s biggest losers could be the biggest steals, Jim Cramer says
Investors should consider purchasing stock of the first quarter’s biggest losers if the market shows signs of recovering on its own, CNBC’s Jim Cramer said Monday. “This market’s screaming that we’re headed for a [Federal Reserve]-mandated slowdown, that could possibly become a Fed-mandated recession,” the “Mad Money” host said. “If we get more signs that […]
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‘Bear market rally’ is setting stage for a correction, Morgan Stanley’s Mike Wilson warns
A major Wall Street firm is on correction watch. Despite the latest market bounce, Morgan Stanley’s Mike Wilson is bracing for an S&P 500 decline of at least 13% between now and September. Wilson cited technical headwinds on CNBC’s “Fast Money” on Monday. “It does have all the hallmarks of what I would call a […]
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Asia-Pacific stocks rise as oil jumps about 2%; Reserve Bank of Australia rate decision ahead
SINGAPORE — Shares in Asia-Pacific rose in Tuesday morning trade as investors look ahead to the Reserve Bank of Australia’s latest rate decision. In Japan, the Nikkei 225 gained 0.4% as shares of SoftBank Group and Fanuc climbed more than 1% each. South Korea’s Kospi edged 0.12% higher. Elsewhere, Australia stocks also rose as the […]
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Goldman names four megatrends with ‘oversold’ stocks to buy right now
Goldman Sachs Asset Management says some stocks currently offer a “hugely attractive entry point” for investors. Source
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Cramer’s lightning round: I like Google over PubMatic
“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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Jim Cramer on how 9 ‘pandemic plays’ that rallied Monday will perform going forward
CNBC’s Jim Cramer on Monday said that some of the pandemic-era winners that rallied on Monday will be able to hold onto their recovery while others will flounder. “When you see all the so-called pandemic plays roaring, without any kind of upsurge in Covid, you’ve got to take them on a case-by-case basis,” the “Mad […]
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