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Cramer’s week ahead: ‘I’m begging you’ to sell stocks of unprofitable companies
Business

Cramer’s week ahead: ‘I’m begging you’ to sell stocks of unprofitable companies

CNBC’s Jim Cramer on Friday previewed next week’s earnings schedule and said that investors should use it as a chance to offload unprofitable companies from their portfolios. The “Mad Money” host said that the market could be in for some pain next week after this week’s rallies, as investors digested the news of the Federal […]

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Investors come off a strong week looking for more gains now that they have some clarity from the Fed
World

Investors come off a strong week looking for more gains now that they have some clarity from the Fed

Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Spencer Platt | Getty Images With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A […]

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Dow jumps 500 points in relief rally after Fed announces first rate hike since 2018
Finance

Dow jumps 500 points in relief rally after Fed announces first rate hike since 2018

Stocks rallied in a wild session after the Federal Reserve raised rates and said it would hike another six times this year. The Dow Jones Industrial Average rose 518.76 points, or 1.5%, to 34,063.10 after turning red initially following the release of the Fed’s statement. It swung within a 576-point range on the session. The […]

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Stocks making the biggest moves midday: Alibaba, AeroVironment, Boeing and more
Finance

Stocks making the biggest moves midday: Alibaba, AeroVironment, Boeing and more

Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alibaba, JD.com, Pinduoduo — Shares of Chinese companies listed publicly in the U.S. surged as Beijing signaled support for the stocks. The Chinese government said it supports the listing […]

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Stocks making the biggest moves premarket: Nvidia, Boeing, Micron and others
Finance

Stocks making the biggest moves premarket: Nvidia, Boeing, Micron and others

Check out the companies making headlines before the bell: DiDi Global (DIDI), Alibaba (BABA), JD.com (JD), Pinduoduo (PDD) – China-based stocks listed in the U.S. are staging strong rallies in premarket trading, helped by state media reports that the Chinese government will take steps to support the markets and the economy, and that the U.S. […]

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SoftBank’s Arm plans to cut up to 1,000 jobs after collapse of  billion Nvidia deal
Technology

SoftBank’s Arm plans to cut up to 1,000 jobs after collapse of $40 billion Nvidia deal

SAM YEH | AFP | Getty Images LONDON — British chip designer Arm is planning to cut up to 1,000 jobs, or 15% of its workforce, just weeks after its $40 billion deal with Nvidia collapsed. Widely regarded as the jewel in the crown of the U.K. tech sector, Arm employs employs around 6,400 people […]

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