CNBC’s Jim Cramer on Friday looked ahead to next week’s pivotal market events, including a busy slate of corporate earnings reports and a meeting of the Federal Reserve’s policymakin...
Tag: Investment strategy
Banks close record number of branches in 2021, led by Wells Fargo
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digit...
Goldman partners mint $15 million pay packages as boom times return
Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Bonus se...
NextEra Energy is a buy
NextEra Energy: “NextEra is the fastest growing utility. I think it’s terrific, and I actually would be a buyer here tomorrow morning.” Spero Therapeutics: “This is the height ...
Jim Cramer says the stock market is getting closer to forming a bottom
CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to reaching an investable bottom after a challenging start to the new year. The “Mad Money” host’...
Jim Cramer says these are his favorite bank stocks in 2022
CNBC’s Jim Cramer on Thursday reviewed the recent slate of major bank earnings and explained why his charitable investment trust is sticking with its ownership of Morgan Stanley and Wells Fargo....
Tudor portfolio manager on where she’s finding alpha in the tech sector with rising rates
(Click here to subscribe to the new Delivering Alpha newsletter.) With the prospect of higher interest rates looming, 2022 has already been a tough year for the tech sector. The Invesco QQQ ETF has fa...
Record IPO rush of 2021 led to historically dismal returns for investors with no relief in sight
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse...
Jim Cramer says not all stocks are struggling to start 2022
CNBC’s Jim Cramer said Wednesday he believes it’s possible for investors to build a successful portfolio despite Wall Street’s tough start to 2022. “Real companies doing real t...
Jim Cramer, who once saw oil stocks as uninvestable, explains new view
CNBC’s Jim Cramer on Wednesday offered a defense of his newfound optimism about investing in oil stocks, contending that he changed his mind after concluding the circumstances had evolved. ̶...
You’re in good shape with Commercial Vehicle Group
DuPont de Nemours: “Sold it for the [charitable trust] yesterday. Why? Because it had moved up. We wanted to be able to take a good gain.” Commercial Vehicle Group: “I like stocks th...
SEC’s Gensler warns investors about frequent trades on brokerage apps
Securities and Exchange Commission Chair Gary Gensler on Wednesday issued a warning to retail investors who use commission-free brokerage apps to buy and sell stocks. In an interview with CNBC’s...
56% of Americans can’t cover a $1,000 emergency expense with savings
JGI/Jamie Grill | Tetra images | Getty Images Most Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic. Some 56% of Americans are unable to co...
SEC eyes new disclosure deadlines for hedge funds building big stakes
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14...
Peloton insiders sold nearly $500 million in stock before its big drop
Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. Peloton stock is down more than ...
MS earnings 4Q 2021
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Ima...
BAC earnings 4Q 2021
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts̵...
I can’t recommend Wheels Up since it’s unprofitable
Covetrus: “I want you to do that. I actually think this group is so oversold. You know we had Zoetis on last week. I think animal health is here to stay. I don’t know if you saw Petco, how...
Goldman CEO says he sees ‘real wage inflation everywhere’ after 33% jump in pay expenses
People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second ...
Goldman Sachs shares are a ‘steal’ after post-earnings dip
CNBC’s Jim Cramer said Tuesday he feels Wall Street’s reaction to Goldman Sachs’ fourth-quarter earnings miss was overblown, creating a buying opportunity for investors. “Go ah...
Stock futures are flat after sell-off on Wall Street, more bank earnings ahead
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 10, 2022. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Tuesday foll...
Oil is at a 7-year high, but Exxon CEO Darren Woods sees lower trend
Darren Woods, CEO, ExxonMobil Michael Newberg | CNBC Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Wo...
Goldman earnings 4Q 2021
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is sch...
U.S. stock futures are little changed ahead of more earnings reports
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, January 12, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night as traders braced for the ...
Credit Suisse needs to salvage reputation after chairman quits: Analysts
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters LONDON — Credit Suisse Chairman Antonio Horta-Osorio resigned on Sunday ...
Jamie Dimon says CEOs `shouldn’t be crybabies about it’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images Banks have been one of the main beneficiaries of high inflation recently because their profit ...
Wells Fargo WFC earnings Q4 2021
Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo shares rose on Friday after the bank posted quarterly revenue that exceeded anal...
JPM earnings 4Q 2021
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase post...
Crypto exchange Gemini pushes into wealth management with acquisition of BITRIA
David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset...
Jim Cramer says ViacomCBS is a buy, sees room for the stock to run
CNBC’s Jim Cramer said Wednesday he believes ViacomCBS is an attractive investment right now, citing the media company’s dividend payment and improving fundamentals. The stock has jumped i...
Jim Cramer’s advice for knowing when to buy stocks in a choppy market
CNBC’s Jim Cramer on Wednesday laid out an approach that he believes retail investors should adopt to help themselves cut through commentary about the stock market. “I want you to have a l...