Verizon Communications CEO Hans Vestberg painted an optimistic future picture Thursday, telling CNBC’s Jim Cramer the telecom giant has “more growth opportunity than we’ve ever had b...
Tag: Stock markets
Block CFO says customers repay almost all buy now, pay later loans
Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, p...
The ‘safest of safety stocks’
CNBC’s Jim Cramer on Thursday advised investors to consider Procter & Gamble as a potential buy to weather the turbulent market. “I’ve been telling you to stick with the market e...
Jim Cramer warns investors still betting on high-growth tech stocks
CNBC’s Jim Cramer on Thursday cautioned investors that buying the dip on high-growth tech stocks is a losing strategy in today’s turbulent market. “The era of beat and raise and buy ...
Bill Gross sees possibility of stagflation, says he wouldn’t be a buyer of stocks here
Billionaire investor Bill Gross listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. Lucy Nicholson | Reuters Bill Gross, the one-time so-called bond ...
February jobs report expected to show strong labor market continuing with solid wage gains
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy...
Best Buy, Kroger, Burlington and more
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in ...
Russia oil disruption would spur ‘significantly’ higher prices
Darren Woods, Chairman and CEO, Exxon Mobil. Katie Kramer | CNBC U.S. oil surged to the highest level since 2008 on Thursday, and Exxon CEO Darren Woods said prices could be heading much higher. ̶...
Tech private equity investor Orlando Bravo says the mantra of ‘growth at all costs’ is over
(Click here to subscribe to the Delivering Alpha newsletter.) Software has been one of the worst-performing sectors this year amid a rising rate environment and geopolitical tensions overseas. This c...
Oil rises to the highest since 2008, before paring gains
Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Jo...
Norwegian Cruise Line is a buy
Norwegian Cruise Line: “One of the worst performers in the market, with one of the best CEOs. I still believe. I think at $20, with everything starting to open around the world, it is a [buy].&#...
Projecting revenue is challenging, so we prefer to give conservative guidance
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...
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...
Stock futures inch lower as Russia-Ukraine tensions weigh
U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine. Futures contra...
The 10 stock and bond funds with the biggest Russia exposure
Nitat Termmee | Moment | Getty Images Americans who invest in mutual funds and exchange-traded funds have largely been insulated from financial exposure to Russia amid its conflict with Ukraine. The r...
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...
Here’s how Chinese media is covering Ukraine
The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Ru...
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...
Stock futures rise slightly amid surge in oil prices, Ukraine conflict
Traders on the floor of the NYSE, Feb. 28, 2022. Source: NYSE Stock futures inched higher on Tuesday night as oil prices surged amid the ongoing conflict between Russia and Ukraine. Futures tied to th...
Nordstrom, SoFi, Hewlett Packard and more
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York...
Target, Kroger, Foot Locker and more
A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target – ...
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...