Markets
Investors should watch for these five agriculture stocks, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of five agriculture stocks he believes investors should consider purchasing. The Russia-Ukraine war has caused agriculture to rally significantly, and “given that Russia and Ukraine account for roughly a third of the world’s wheat production, there’s a real possibility that we could be looking at a global […]
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Ryan Cohen scoops up 100,000 more shares of GameStop, meme stock soars as much as 20% after hours
NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as about 20% in after-hours trading Tuesday after a 30% rally […]
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Jim Cramer tells investors to ‘bow down to the Fed’ and beware of false market optimism
CNBC’s Jim Cramer on Tuesday warned investors against buying unprofitable stocks due to unwarranted optimism about the stock market. “While I appreciate hope as a mindset, I’m not as confident as a lot of the buyers who are paying up. … We are seeing a level of enthusiasm here that to me feels unjustified. We […]
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Elon Musk’s SpaceX sent thousands of Starlink satellite internet dishes to Ukraine, company’s president says
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter WASHINGTON – SpaceX has sent “thousands” of Starlink satellite internet kits to Ukraine, company President Gwynne Shotwell told CNBC on Tuesday. Elon Musk’s space company began sending Ukraine shipments of Starlink satellite kits — which come with […]
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Stock futures are steady as investors juggle Fed comments and policy
Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures […]
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Carl Icahn says there ‘very well could be a recession or even worse’
Carl Icahn says there ‘very well could be a recession or even worse’ Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market. “I think there could very well could be a recession or even worse,” Icahn said […]
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Nike sees signs of recovery in China, which could be a good omen for other retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China could be good news for other retailers with big business in the region, as companies contend with a prolonged […]
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Investing Club: Goldman Sachs cut its earnings estimates on Ford — here’s what we think
We’re keeping our 1 rating on Ford shares, despite Goldman Sachs cutting its EPS targets for 2022 and lowering its price target. Source
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Crypto investor Katie Haun raises $1.5 billion, the largest debut fund ever by a female VC
Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered multiple records in the process. Haun Ventures’ kickoff marks the largest debut venture fund ever raised by a solo female founding partner, according to Pitchbook. Former investment banker Mary Meeker held the prior record with a $1.3 […]
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Traders bet on an aggressive Fed and predict half-point rate hikes in May, June
Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk | Anadolu Agency | Getty Images Traders are betting Federal Reserve Chairman Jerome Powell’s tough inflation talk means the central bank will step on the throttle to […]
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