Although Shanghai began in mid-April to prioritize several hundred companies for resuming work, foreign business organizations have said that doesn’t mean the factories can operate at full capac...
Tag: Stock markets
Cramer’s lightning round: AECOM is a buy
Funko Inc: “Many of us were confounded that the stock went down as low as it did.” AECOM: “This is a tremendous infrastructure play. … I think you should buy it.” Affirm ...
Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm...
April’s consumer price index report expected to show inflation has already peaked
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show ...
Market is signaling to buy beaten-down, profitable tech names
CNBC’s Jim Cramer on Tuesday stressed the importance of changing market strategies when the market shifts, saying right now the market says to buy beaten-down tech growth names. “Many tech...
Stock futures dip slightly ahead of key inflation reading
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, April 28, 2022. Brendan McDermid | Reuters Stock futures dipped in overnight trading Tuesday ahead of a key inflation ...
Peloton, Upstart, Vroom and more
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the ...
Upstart shares plummet 60% after company cuts full-year revenue forecast
In this photo illustration an Upstart Holdings logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Upstart plummeted Tuesday after the artificial in...
Visa crypto executive leaves for Softbank-backed start-up DriveWealth
Terry Angelos, Visa’s global head of fintech and crypto. DriveWealth One of Visa‘s top executives is leaving the payments giant for a brokerage technology start-up, CNBC has learned. Terry...
US businesses in China cut revenue forecasts, investment plans
Truck drivers, such as the one pictured here in Shanghai in late April, typically need to show valid negative virus tests in order to move goods between cities in China. The American Chamber of Commer...
National average for gasoline hits record $4.37 a gallon
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices surged to the highest l...
Papa John’s delivery driver staffing levels are getting ‘progressively better,’ CEO says
Papa John’s is seeing improvement in staffing levels for delivery drivers, CEO Rob Lynch told CNBC’s Jim Cramer on Monday. “April was a challenging month, but our staffing situation ...
Use market downturn to upgrade your portfolio, Jim Cramer says
CNBC’s Jim Cramer on Monday said that investors willing to brave the current market should switch out their non-profitable holdings for stocks that have cheap valuations and better-than-average ...
Stock futures are slightly higher after S&P 500 falls to its lowest level in more than a year
U.S. stock futures are slightly higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average futures rose by 81 points, or 0.3%. S&P 500 ...
Stocks making the biggest moves after hours: AMC, Novavax and more
An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Check out the companies...
Rivian (RIVN) Q1 2022 earnings preview
Rivian CEO RJ Scaringe inside the company’s customer experience center outside of its plant on Aptil 11, 2022 in Normal, Ill. Michael Wayland / CNBC Electric-vehicle maker Rivian Automotive will...
Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check...
Worried about a recession? Here’s how to prepare your portfolio
FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and reces...
Diesel fuel is in short supply as prices surge — Here’s what that means for inflation
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Diesel prices are surging, contributing...
Fed’s fight against inflation will beat down ‘shaky’ stocks
CNBC’s Jim Cramer said Friday that the Federal Reserve’s attempts to crush inflation by raising interest rates will also inevitably bring down “formerly high-flying stocks” — e...
Own solid names and have cash for market bounce
CNBC’s Jim Cramer said Friday that enduring the current market is a waiting game for a rally — and investors need to be prepared for when that happens. “Your portfolio should be split amon...
Peloton, Under Armour, Monster Beverage and more
A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Re...
Under Armour, Cigna, DraftKings and others
Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker posted an adjusted first-quarter loss of 1 cent per share, compared with a profit estimate of ...
Stock futures fall after Dow’s worst day since 2020, jobs report looms
Stock futures were lower in early morning trading Friday after the Dow Jones Industrial Average posted its worst day since 2020. Futures on the Dow Jones Industrial Average were down 103 points, or 0....
China’s Xi Jinping calls for sticking to zero-Covid policy
Xi Jinping seen giving a speech during the centenary of the founding of the Chinese Communist Party, in Fuyang on July 1, 2021. From a political perspective, 2022 is a particularly critical year for C...
Cramer’s lightning round: Stay away from CoreCivic
Loading chart… CoreCivic Inc: “Let’s just stay away.” Loading chart… Inmode Ltd: “If you want med tech, you just want Edwards Lifesciences.” Loading chartR...
Why investors should stay away from ScottsMiracle-Gro
CNBC’s Jim Cramer on Thursday told investors to resist the urge to add ScottsMiracle-Gro to their portfolios, despite the stock’s low valuation. “Historically, this is a great time o...
Jim Cramer says to buy selectively to beat the current market turmoil
CNBC’s Jim Cramer on Thursday said that investors looking to successfully navigate a market roiled by inflation, geopolitical concerns and Covid should do two things: buy discriminately and be i...
Shopify, Etsy, Twitter and more
Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Syste...
Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far
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...
Twitter, SeaWorld, Shopify and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the ...