CNBC’s Jim Cramer said Tuesday that while the price of crude oil might see some gains, it’ll be limited in duration and scale, leaning on analysis from DeCarley Trading commodity strategis...
Tag: Investment strategy
Expect a rally if there’s good news from retail giants & China
CNBC’s Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday’s trading session will go. If we get more...
Energy, health care are attractive sectors to watch for rest of year
“Segments of the health-industry should also perform better than most,” says Andrew Graham, founder and managing partner of Jackson Square Capital, pointing to Eli Lilly, in particular. Te...
JPMorgan investors hand Dimon rare rebuke, object to $53 million bonus
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Buildin...
These are the 2022 CNBC Disruptor 50 companies
In the tenth annual Disruptor 50 list, CNBC highlights private companies that grew through the ups and downs of the pandemic and are poised to meet increasing economic and consumer challenges. All tol...
Jim Cramer says to consider these five high-yielding stocks to upgrade your portfolio
CNBC’s Jim Cramer on Monday gave investors a list of five “accidentally high yielders” that he believes will provide investors refuge in the currently unpredictable market. “At...
California’s gas average tops $6 per gallon as nationwide prices surge
High gas prices at stations in Garden Grove, California, on Monday, March 7, 2022. Jeff Gritchen | Medianews Group | Getty Images California’s state average for a gallon of gas has surged above ...
Jim Cramer warns investors not to invest based on false hope
CNBC’s Jim Cramer told investors on Monday that they shouldn’t let short-term rallies trick them into making optimistic trading decisions. “A rally based solely on the fact that ever...
Inflation is the ‘top problem’ facing America, survey shows
A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Meanwhile, President Joe Biden also has faced blowback over continu...
Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financi...
Investor interest in equity and crypto-focused funds picking up despite the sell-off, Tifin CEO says
A Wall Street subway station near the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images Search interest for stock funds remains strong despi...
Walmart, Home Depot, Citigroup and more
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart slumped 7% in premarket trading after missing bottom-line expectations for the first quarter. The retail giant earne...
Paramount shares jump 10% after Buffett’s Berkshire reveals new stake
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Paramount...
Home affordability at 2007 bubble level but crash unlikely: Blackstone
A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely du...
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...
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 it...
Zebra CEO says freight costs have moderated, component shortages still a headwind
Zebra Technologies chief executive Anders Gustafsson told CNBC’s Jim Cramer on Friday that while the company has seen freight costs come down, shortages of components like semiconductor chips co...
Retail giants report earnings, stay away from ‘toxic’ stocks
CNBC’s Jim Cramer said Friday that he’s breathing a sigh of relief as beaten-down stocks ‘have already taken enough hits,’ allowing investors to trade in a safer environment ne...
‘U.S. consumer is alive and well’ — Affirm CEO says market turbulence has no impact on business
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U....
Buy now, pay later is not a boom, it’s a bubble, Harvard fellow says
Most people love the convenience of buy now, pay later. Since the start of the coronavirus pandemic, installment payments have exploded in popularity along with a general surge in online shopping. Ini...
Dow climbs 200 points, S&P 500 adds 1% as it tries to dodge a bear market
Stocks jumped Friday, as investors looked to steer the S&P 500 away from official bear market territory. The Dow Jones Industrial Average rose 260 points, or 0.8% as it looked to break a six-day l...
South Africa’s economy threatening downturn
DURBAN, South Africa – April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the economy of the city...
I’m going to pass on Harley-Davidson
Harley-Davidson Inc: “We’re going to have to take a pass on it. … Even though it’s cheap, it’s not what we want.” Talos Energy Inc: “It’s a little small...
Enterprise and desktop PCs still ‘a healthy market’ as personal PCs see slowdown, says Micron CEO
Micron chief executive Sanjay Mehrotra told CNBC’s Jim Cramer on Thursday that the market for enterprise and desktop PCs remains healthy despite the personal PCs market experiencing a slowdown. ...
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 p...
Franklin Templeton CEO Jenny Johnson says active management pays off during extreme volatility
(Click here to subscribe to the Delivering Alpha newsletter.) With $1.5 trillion in assets, Franklin Templeton is among America’s top 10 asset managers, and growing. Over the last few years, the...
GameStock jumps sharply in odd trading; AMC shares also pop
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Shares of two meme stocks surged Thursday,...
Heavily shorted online used car seller Carvana surges 20%, is halted several times
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in ...
Gasoline, diesel prices rise to another record amid rampant inflation
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by regi...
Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks
iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus. Courtesy: Goldman Sachs A Goldman Sachs executive known for securing some of the industry’s biggest credit-...
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 ...