CNBC’s Jim Cramer on Tuesday offered investors a list of industries they should eye over tech when managing their portfolios. Here is his list: related investing news Buy this Big Tech stock now...
Tag: business news
Tesla’s dominance of EVs is eroding as cheaper cars hit the market
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Glo...
Double-digit percentage drop will hit stocks in 2023: Morgan Stanley
Investors may be on the doorstep of a deep pullback. Morgan Stanley’s Mike Wilson, who has a S&P 500 year-end target of 3,900 for next year, warns corporate America is getting ready to unlea...
Netflix’s plan kept ‘Glass Onion’ from more box office millions
Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “...
AMC Networks plans layoffs as CEO steps down after less than three months
AMC Networks told its employees Tuesday that it is planning significant layoffs, according to people familiar with the matter and a memo obtained by CNBC. The memo, sent by AMC Networks Chairman James...
Shares of Lordstown (RIDE) rise as company begins deliveries
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Electric truck star...
Amazon used AWS in satellite experiment
An image captured by the ION Elysian Eleonara satellite in January 2022. D-Orbit Amazon’s cloud computing division successfully ran a software suite on a satellite in orbit, in a “first-of...
China touts vaccination progress as it looks for a path to reopening
BEIJING — Mainland China announced significant progress Tuesday in getting Covid-19 booster shots for people “over age 80.” As of Monday, 65.8% of that age category had received booster sh...
Energy markets facing ‘one or two years of extreme volatility’: CEO
This image, from March 2022, shows wind turbines and gas storage facilities in Germany. Europe’s energy markets have experienced turbulence in recent months. Jan Woitas | Picture Alliance | Gett...
Workday, CrowdStrike, Horizon and more
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines in after-hours trading. Workday — Workday gained 6% postmarket Tuesday after earnings beat...
The fear of loss can cost investors big-time. Here’s how
The fear of loss is a powerful emotion for investors — and, if left unchecked, can cost them big bucks in the long term due to years of forfeiture of investment gains. That fear is a natural product o...
Apple, Chevron, Bilibili, Hibbett & more
Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018. Dado Ruvic | Reuters Check out the companies making headlines in midda...
Hibbett, Silvergate Capital, Chemours and more
Take a look at some of the biggest movers in the premarket: Hibbett (HIBB) – The sporting goods retailer’s stock slid 5.7% in the premarket after it missed top and bottom line estimates for its ...
China’s Covid infections drop for the first time in more than a week
Covid control workers disinfect an area in Beijing on Monday, Nov. 28, 2022, where a day earlier locals had gathered to protest stringent Covid measures. Kevin Frayer | Getty Images News | Getty Image...
Domestic and international tourist crowds traveling in Japan
I thought I managed to beat the tourist crowds on my recent trip to Japan. On my first night in Osaka, I managed to get a picture with the famed Glico sign without anyone else in the background. Zoom ...
U.S. criticizes Beijing, supports right to protest
People hold white sheets of paper and flowers in a row as police check their IDs during a protest over coronavirus disease (COVID-19) restrictions in mainland China, during a commemoration of the vict...
Cramer says these 5 factors could help the Dow keep beating the other major indexes
CNBC’s Jim Cramer on Monday explained why he believes the Dow Jones Industrial Average will continue to outperform the Nasdaq Composite and S&P 500 next year. “As we head into the end ...
Enphase Energy is a buy
Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” ...
Disney CEO Bob Iger talks ‘Don’t Say Gay,’ LGBTQ inclusion at town hall
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Following criticism of its past ...
Strong labor report could bring bigger Fed hikes
CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while w...
Flu hospitalizations increase nearly 30% as U.S. enters holiday season
Susana Sanchez, a Nurse Practitioner, administers a flu vaccination to Loisy Barrera at a CVS pharmacy and MinuteClinic in Miami, Florida. Joe Raedle | Getty Images Flu hospitalizations have increased...
Here’s what Black Friday sales tell us about the retail sector — and our top pick
The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. Acco...
Bob Iger’s fast start back as Disney’s CEO is welcome news to shareholders like us
Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company’s current hiring freeze. He also reiterated the need for Disney to pivot its str...
U.S. warns California cities possible water cuts in fourth dry year
Houseboats on Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images Federal water managers on Monday warned California ci...
Disney hiring freeze will stay in place, CEO Bob Iger tells employees
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Ge...
Black Friday online sales top $9 billion in new record
Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the day after Thanks...
Protests against Covid controls erupt across China
BEIJING — Rare protests broke out across China over the weekend as groups of people vented their frustration over the zero-Covid policy. The unrest came as infections surged, prompting more local Covi...
How the BlockFi bankruptcy, FTX collapse may affect your crypto taxes
It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankr...
Kellogg, General Mills, Post cereal sales slow after pandemic surge
Kellogg, the 117-year-old brand that started as a breakfast cereal company has since expanded to be one of the largest food companies in the world, has seen declining cereal sales over the past couple...