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Is it cake? This 19-year-old Netflix show contestant is making 6-figures in his bakery business
When Justin Ellen received a “random” direct message on Instagram asking if he would like to be part of a Netflix show called “Is It Cake?” — he thought it was “very sketchy.” It was only when they said there was an interview that he realized, “OK, it’s legit,” said the youngest contestant of the […]
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Goldman Sachs gives senior managers a new perk: ‘Flexible vacation’ policy
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is giving its top managers a new perk more common in the tech industry: the ability to take as much vacation time as they want. The investment bank told managing directors and partners last […]
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Stocks making the biggest moves in the premarket: Spirit Airlines, Carvana, Warby Parker and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit Airlines surged 19.3% in premarket trading after JetBlue (JBLU) launched a $30 per share tender offer for its rival airline. Spirit had rejected a prior bid by JetBlue, preferring to keep a previously struck deal to merge with […]
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Jim Cramer says investors shouldn’t allow a tumultuous market prevent them from finding ‘better opportunities’
CNBC’s Jim Cramer on Thursday said that while investors should tread carefully as the stock market continues to be stormy, they also shouldn’t be afraid to make moves to strengthen their portfolios. “We want to be very careful to buy stocks with stories that can handle a slowdown. … A good portfolio manager never sells […]
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Cramer says Disney is a buy, rips Wall Street sellers for misreading guidance
The Club thinks Disney is a buy, as shares trade in the red following its second-quarter earnings release the prior evening. Source
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street. Source
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after Wall Street extends its multiday losing streak Traders on the floor of the NYSE, May 11, 2022. Source: NYSE U.S. stock futures dropped Thursday as the broad sell-off and revaluation of risk assets […]
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Disney did not give us everything this quarter, but parks and streaming really delivered
It wasn’t a perfect quarter, but we’re pleased to see theme park operating income and Disney+ subscriber additions beat expectations. Source
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Stock market’s dismal performance is ‘part of the fight against inflation,’ Jim Cramer says
CNBC’s Jim Cramer said Wednesday that while the hot consumer price index suggests the Federal Reserve is losing in its struggle against inflation, the dismal performance of stocks, particularly in the Russell 1000, offers a different view. “When I talk about the Fed winning or losing the fight against inflation, I mean the fight to […]
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Disney may need to tell investors a new story as company warns of softer streaming growth
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney may have a storytelling problem. Although the company added a better-than-expected 7.9 million Disney+ subscribers in the quarter, Disney shares slid after hours […]
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