Markets
Asia-Pacific stocks mixed after hot U.S. inflation report; China’s trade data ahead
SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday morning trade as investors watched for market reaction to the release of a slightly hotter-than-expected U.S. inflation report. China’s trade data for March is also expected at 11:00 a.m. HK/SIN today. Chinese stocks traded in negative territory ahead of the trade data release, as concerns around […]
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As Goldman raises its electric vehicle forecast, analysts pick their top stocks to cash in
Goldman Sachs, Bank of America and more have picked their favorite electric vehicle-related stocks. Source
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CNBC’s Jim Cramer says these four financial GARP stocks are investable
CNBC’s Jim Cramer on Tuesday offered a list of four investable financial stocks that he believes will benefit from the Federal Reserve raising interest rates to control soaring inflation. “Growth at any price went out of style in the Wall Street fashion show nearly six months ago, as we saw yet again today. Now, what […]
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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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