Stock markets
Stocks making the biggest moves premarket: Twitter, Coca-Cola, Warner Bros. Discovery and more
Check out the companies making headlines in premarket trading. Coca-Cola — Shares of Coca-Cola rose about 1% after the company beat analysts’ expectations on the top and bottom lines in the recent quarter. The beverage giant reported adjusted earnings of 64 cents per share on revenues of $10.5 billion, while analysts expected 58 cents per share […]
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China’s capital city warns of more Covid cases and begins mass testing in the central business district
China’s capital city of Beijing reported a spike in Covid cases over the weekend and began mass testing Monday in the business district of Chaoyang. Within the district, one community that’s pictured here became classified as a high-risk area. Jiang Qiming | China News Service | Getty Images BEIJING — China’s capital of Beijing warned […]
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UBS expects these Chinese stocks to soar by over 30%, despite China’s Covid controls
Based on China’s latest Covid control measures and rising inflation, UBS analysts have shaken up their list of top stocks for investing in the country. Source
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Stock futures fall on Sunday as Wall Street braces for a busy earnings week
Traders on the floor of the NYSE, April 14, 2022. Source: NYSE U.S. stock futures fell on Sunday night as investors looked ahead to a stacked week of earnings, including reports from major tech companies such as Amazon and Apple. Dow Jones Industrial Average futures slid by 80 points, or 0.2%. S&P 500 and Nasdaq […]
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Three reasons why this struggling fintech stock may break out of its slump
PayPal tumbled 16% this week, but one top analyst is making a bullish long-term case for the struggling stock. The company’s underperformance follows leadership uncertainty. PayPal’s chief financial officer, John Rainey, announced last week he’ll leave the company in late May. Yet, Bruderman Asset Management’s Akshata Bailkeri made an optimistic case for PayPal on CNBC’s […]
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Warren Buffett is on a roll. Here is what’s behind his big moves and what could come next
After a six-year deal-making drought and a long stock-selling streak, Warren Buffett is back with a bang. Source
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Jim Cramer: Buy Excelerate Energy now for a bargain
CNBC’s Jim Cramer on Friday advised investors to buy stock of Excelerate Energy while it’s a steal. “The stock’s a bit cheaper than Cheniere Energy, which is the king of LNG exports here in the U.S., at least when you judge them based on last year’s earnings before interest, taxes, depreciation and amortization. … Valuation […]
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Cramer’s lightning round: I’m sticking with Bausch Health
Tredegar Corp: “I remember when they became public. I was involved in the deal. I thought it was terrific then, I think it’s terrific now.” Bausch Health Companies Inc: “Joe Papa’s going to split into three companies, and I happen to like all three companies. I think it’s going to work. … I’m sticking with […]
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Buy ’gift horse’ Danaher while it’s down but leave room for other stocks, Cramer says
CNBC’s Jim Cramer on Friday advised investors to buy shares of medical diagnostics and health technology company Danaher while it’s down, warning that it won’t stay that way for long. “Danaher’s a great American company with a stock that was trading at $280 before it reported that fantastic quarter yesterday morning. Even though the quarter was […]
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Cramer’s week ahead: Tech giants report earnings, be ready to act on market bounces
CNBC’s Jim Cramer urged investors to take advantage of down days like Friday to prepare portfolios for the Federal Reserve’s upcoming interest rate hikes — but only if they have the means to do so. “After today’s disaster, we’re actually probably good for another beat-down or two before we settle into what I think will […]
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