Matterport Inc: “I’d rather be in HP. … This company is losing too much money.” Medtronic PLC: “These guys have lost their way. … They are not executing.” Int...
Tag: Stock markets
Jim Cramer’s 3 reasons why profitable tech stocks are getting hit
CNBC’s Jim Cramer on Monday offered three reasons why tech firms, including companies with strong balance sheets, are seeing pain in the stock market. The “Mad Money” host, who is fi...
Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchai...
Home Depot’s customers have been resilient despite turmoil, CEO says
Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in respon...
How Powell and the Fed may react to FedEx warning
CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the cent...
Why Hispanic workers could face an outsized hit in a U.S. recession
Huntstock | Disabilityimages | Getty Images Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Latino workers to take an outsized hit if a mild re...
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a ...
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t po...
I can not recommend Occidental Petroleum
Universal Display Corp: “How about when it gets to say, 18, 19 times earnings, you actually pull the trigger. Wait for that stock to come down.” Nucor Corp: “I think you have to now ...
Stay calm after FedEx’s bad quarter, brace for economic pain
CNBC’s Jim Cramer advised investors not to panic after FedEx’s worse-than-expected first quarter. The “Mad Money” host’s warning comes after FedEx reported first-quarter ...
FedEx, International Paper, Uber and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the wor...
August industrial output, retail sales
August was marked by extremely hot temperatures in parts of China, prompting temporary power rationing in some regions. Pictured here on Aug. 24, 2022, is the central city of Chongqing’s skyline...
Netflix, Adobe, Wynn Resorts, Humana and more
Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming stock gaine...
Rail stocks, Arconic, NextEra Energy and more
Check out the companies making headlines before the bell: Union Pacific (UNP), CSX (CSX), Norfolk Southern (NSC) – Rail stocks are all higher in the premarket following news of a tentative agreement t...
How China workers stack up against the US, UK and Brazil
Unemployment among China’s youth aged between 16 and 24 has surged to nearly 20%, according to an official survey for July. Pictured here is a job fair in Beijing on Aug. 26, 2022. Jade Gao | Af...
Terran Orbital is not a buy
Roblox Corp: “I am not in favor of companies that are losing money.” Marvell Technology Inc: “I’m going to talk about it in tomorrow’s [CNBC Investing Club] meeting. R...
Charts suggest oil will bounce short term then head lower
Oil’s current run will likely be short-lived as it’s poised to fall later this fall, CNBC’s Jim Cramer said on Wednesday. “The charts, as interpreted by Carley Garner, suggest ...
These 5 real estate stocks are attractive opportunities
CNBC’s Jim Cramer on Wednesday offered investors a list of five real estate investment trusts they should consider adding to their portfolios. “While most retail stocks are horrible right ...
Jim Cramer says Wall Street should stop the ‘time to get out’ calls
CNBC’s Jim Cramer on Wednesday said that investors urging traders to exit the market while they still can are about a year too late. “I’m done with all the ‘now is the time to ...
NextEra, Danaher, Rhythm Pharmaceuticals and more
Wind turbines at the San Gorgonio Pass wind farm, owned by NextEra Energy Inc., in Whitewater, California, on Wednesday, Feb. 17, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies mak...
Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Flo...
Ares Management CEO Michael Arougheti breaks down where to find yield in a world of uncertainty
(Click here to subscribe to the Delivering Alpha newsletter.) Inflation, a hawkish Fed, fears of a recession have all made 2022 a tough environment for investing. A traditional portfolio of stocks an...
Twilio, Starbucks, Nikola, Moderna and more
A cup of Starbucks coffee sits on a table in a cafe. Joel Boh | Reuters Check out the companies making headlines in midday trading. Starbucks — Shares jumped 6% after the coffee chain raised its long-...
SoFi, Nucor, Starbucks, CSX & more
Check out the companies making headlines in premarket trading Wednesday. Starbucks – Shares of Starbucks gained nearly 1% after the company boosted its long-term forecast and said it expects double-di...
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn...
Jim Cramer wasn’t selling stocks in Tuesday’s wreckage. Here’s why
CNBC’s Jim Cramer said he was not marching in the parade of sellers Tuesday, as the major U.S. stock indexes on Tuesday recorded their worst one-day drop-off since June 2020. “Look, I cann...
Stick with Ford Motor over Stellantis
SoFi Technologies: “It’s just a world of hurt, but at $5 [per share], let’s just roll with it.” Matson Inc: “I think that company ultimately is going to come under pressu...
4 big factors impacting markets and the economy right now
Avalon_studio | E+ | Getty Images HUNTINGTON BEACH, Calif. — There are four big trends impacting the economy and stock market right now, and uncertainty around each is creating challenges for investor...