CNBC’s Jim Cramer on Wednesday said that the benchmark S&P 500 is at a crossroads, poised to either tumble further or roar higher. “The charts, as interpreted by Jessica Inskip, sugges...
Tag: Business
Market is getting rid of ‘weak-handed investors’
CNBC’s Jim Cramer on Wednesday warned investors that stocks could continue to fall — at least in the near future. “I think we have a … period of consolidation, as we get rid of the weak-ha...
Bed Bath & Beyond seeks capital infusion, buyer ahead of likely bankruptcy
A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond has been in disc...
Discover Financial, Alcoa and more
An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia. Carla Gottgens | Bloomberg | ...
Marvel movies set to return to China, but Covid could hurt ticket sales
Marvel Studios’ “Ant-Man and the Wasp: Quantumania.” Disney Marvel films are returning to China in February, marking the first time in nearly four years that Disney’s comic boo...
How Population Growth Matters For Business
Hospital nursery. (Photo by Jeff Gritchen/Digital First Media/Orange County Register via Getty … [+] Images) MediaNews Group via Getty Images Business leaders should care about population growth...
Floods engulf Philippines as president declares ‘state of calamity’
Members of the Philippine Coast Guard wade through floods during a rescue operation, in Isabela City, Basilan province, Philippines, January 11, 2023. Philippine Coast Guard | via Reuters The Philippi...
Microsoft, Moderna, Mobileye, Chegg and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. J.B. Hunt Transport...
Sales fall short of expectations
Shoppers walk through the Urbanspace Holiday Shops at Bryant Park in New York, U.S., on Sunday, Dec. 12, 2021. Gabby Jones | Bloomberg | Getty Images Holiday sales fell short of industry expectations,...
Homebuilder sentiment in January rises for the first time in a year
Homes under construction in Tucson, Arizona, U.S., on Tuesday, Feb. 22, 2022. Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, indicating a jump in mortgage...
Gun companies report declining demand for firearms
A selection of AR-15-style rifles hangs on a wall at R-Guns store on Jan. 11, 2023, in Carpentersville, Illinois, a day after the state ban. Armando L. Sanchez | Tribune News Service | Getty Images Th...
Oliver Stone slams environmental movement over actions on nuclear
The environmental movement’s stance on nuclear power was “wrong” and derailed the sector’s development, according to the filmmaker Oliver Stone. During an interview with CNBC&#...
Solomon says Goldman took on too much too quickly in consumer business
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon told CNBC Wednesday that his firm suff...
United Airlines, Moderna, IBM and more
A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | AFP | Getty Images Check out the companies making headlines in premarket tradi...
Top business leaders discuss the future of jobs
[The stream is slated to start at 3 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders discuss at Davos, Swi...
United Airlines Rises On Earnings Beat; Carrier Makes Huge Boeing Dreamliner Purchase| Investor’s Business Daily
Shares of United Airlines (UAL) reported $12.4 billion in fourth quarter revenue after market close on Tuesday. The number topped FactSet estimates of $12.2 billion. Earnings per share of $2.46 also b...
Jim Cramer picks his favorite travel, restaurant, live entertainment and gym stocks
CNBC’s Jim Cramer on Tuesday gave investors a list of stocks he believes fit Americans’ spending habits after navigating the Covid pandemic for the last three years. “The biggest the...
Jim Cramer warns investors not to panic sell reliable stocks
CNBC’s Jim Cramer told investors not to discard their traditional, steady stocks after Tuesday’s trading session. “It is so easy to panic out of stocks on the first sign of weakness,...
United Airlines (UAL) earnings Q4 2022
United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel demand and high fares. Consumers’ appetite for air travel and willing...
Moderna says RSV vaccine is 84% effective at preventing disease in older adults
Moderna on Tuesday said its vaccine targeting respiratory syncytial virus is effective at preventing disease in older adults. The vaccine was 83.7% effective at preventing lower respiratory tract dise...
Fake billionaire Justin Costello could plead guilty in fraud case
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 mill...
Gen Z is driving luxury sales as wealthy shoppers get younger
Peter Cade | Stone | Getty Images Luxury shoppers are getting wealthier and younger, with purchases by some of the newest consumers expected to grow three times faster than older generations over the ...
Arizona suburb sues Scottsdale for cutting off its water supply
A saguaro-cactus lined road where new homes are being built in in Rio Verde Foothills, Arizona, on January 7, 2023. The Washington Post | Getty Images An Arizona suburb has filed a lawsuit against the...
Developers lack enough groundwater to build in desert west of Phoenix
home is being built in in Rio Verde Foothills, Arizona, U.S. on January 7, 2023. The Washington Post | Getty Images Developers planning to build homes in the desert west of Phoenix don’t have en...
Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it reported its worst earnings ...
The Business Benefits of Using Cryptocurrency
Lately, businesses have been exploring new ways to increase efficiency and reduce costs. One of the areas that have seen a lot of growth is the use of cryptocurrency, which has the potential to revolu...
Disney defends Iger, says activist Peltz has ‘no track record’ in big media
Nelson Peltz David A. Grogan | CNBC Disney pushed back on Nelson Peltz’s bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Tri...
Chevy Corvette E-Ray hybrid sports car starts at $104,000
2024 Chevrolet Corvette E-Ray hybrid sports car GM DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the a...
Buy Apple and IBM Stock Ahead of Earnings, Says Analyst
With tech earnings season now dead ahead, investors are tweaking their portfolios ahead of what could be a tumultuous period for the group, with the Street anticipating generally weak guidance for 202...