Snowflake CEO Frank Slootman told CNBC’s Jim Cramer on Wednesday the company prefers to give conservative guidance, saying the way it recognizes revenue creates a considerable amount of uncertai...
Tag: Investment strategy
Market has several positives that could spark sustained rally
There are signs of relief for stocks that could individually, or together, result in a sustained rally, CNBC’s Jim Cramer said Wednesday, as Russia’s invasion of Ukraine and soaring inflat...
Nordstrom, Salesforce, Ford and more
Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whop...
Wheat prices trade ‘limit up’ again, hit highest in nearly 14 years
A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Wheat futures reached new multiyear highs Wednesday, as war between major exporters R...
Citigroup releases financial targets at first Investor Day under CEO Jane Fraser
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup CEO Jane Fraser is s...
Coterra CEO says it was an easy decision to start buyback, and the energy firm can sustain it
Coterra Energy CEO Thomas Jorden told CNBC’s Jim Cramer on Tuesday the oil and gas firm is confident in its decision to start buying back stock. Houston-based Coterra — the result of Cabot Oil &...
Salesforce co-CEO Marc Benioff touts strong sales guidance, says ‘$30 billions are now ahead of us’
Salesforce co-CEO Marc Benioff on Tuesday broke down the enterprise software giant’s latest financial results, telling CNBC’s Jim Cramer it was “maybe the best quarter we’ve ev...
Cramer’s lightning round: Rent-A-Center is a sell
Rent-A-Center Inc: “It’s just a terrible quarter. It’s at $27 [a share]. I would still sell it. I wish I could be more positive, but it was a very bad quarter.” NIO Inc: “...
Ritch Allison explains decision to retire as Domino’s CEO, expresses confidence in successor
Domino’s Pizza outgoing chief executive Ritch Allison told CNBC that the company is in good hands with its new leadership. “I’m at the point in my life now where my wife and I are re...
Wheat futures reach highest levels since 2008 as Russia invasion advances
Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. Valentyn Ogirenko | Reuters The price of wheat on Tuesday rose to its highest levels in more than a...
What to know before filing business taxes for the first time
In 2021, amid the ongoing pandemic and “Great Resignation,” Americans filed a record 5.4 million applications for new businesses, according to data from the U.S. Census Bureau. That means ...
Should you consider a Roth IRA conversion when the market drops?
If you’re considering a Roth conversion, stock market drops may make the strategy more appealing, according to financial experts. While the popular move, allowing higher earners to bypass inco...
Jim Cramer says Russia’s invasion of Ukraine could put more pressure on Fed to raise interest rates
The Federal Reserve faces more pressure to increase interest rates as Russia’s invasion of Ukraine hinders a market already hit hard by inflation, CNBC’s Jim Cramer said Monday. “The...
HP Inc. CEO Enrique Lores defends stock buyback program
HP Inc. CEO Enrique Lores told CNBC’s Jim Cramer on Monday that the company is keeping its stock buyback program in place, contending it remains a good use of corporate cash even with shares up ...
Cramer’s lightning round: I like Lazard here
Oceaneering International Inc.: “It’s right here. There are a lot of times when I look at these stocks and I think, ‘Well, they have contracts, the contracts could go bad.’ I t...
Charts suggest it’s not time to go all-in on stocks yet
Investors should be a little more patient before going all-in on the unsettled stock market, CNBC’s Jim Cramer said Monday, summarizing the latest takeaways from technical analyst Mark Sebastian...
Stock futures are steady ahead of first trading day of March, Russia-Ukraine conflict in focus
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the f...
BP, First Horizon, defense stocks and more
Take a look at some of the biggest movers in the premarket: Berkshire Hathaway (BRK.B) – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple (AAPL). Berksh...
JPMorgan project will push bank further into market serving private firms
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase i...
Bill Ackman says it’s time for U.S. troops to defend Ukraine and set a ‘real red line’
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Monday the U.S. should consider military intervention in defense of Ukraine as Russian...
Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell sa...
5 things to know before the stock market opens Monday, February 28
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after new sanctions on Russia for invading Ukraine A trader works at the New...
Oil jumps as traders fear disruption in Russia’s energy industry
An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Get...
Dow futures fall more than 500 points as traders assess ripple effects of Russia sanctions
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures moved lower in overnight trading on Sunday as investors grew concerned about the economic ramifications of the fighting...
Berkshire Hathaway BRK earnings Q4 2021
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway’s operating profits surged in the fourth quarter and for the full year as the conglomerate’s busin...
Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving the conglomerate’s value
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hatha...