Investors looking to buy in the current stormy stock market should consider prominent U.S. firms that make money, CNBC’s Jim Cramer said Tuesday. “There’s a lot of stocks that I like. I like the classic, great American companies. I think that they’re terrific,” Cramer said, citing names including Raytheon and Johnson & Johnson, whose stock
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With growth and meme stocks selling off in response to the Federal Reserve’s rate hike plans, you’d think a high-flier like Lucid Group (NASDAQ:LCID) would be making similar moves. But compared to other electric vehicle (EV) stocks and popular retail-trader plays, LCID stock has seen only a moderate pullback. Source: Around the World Photos /
Stock in Pioneer Natural Resources (NYSE:PXD), left for dead in the oil bust, is roaring back on rising prices and rumors of war. PXD stock opened at $216.01 on Jan. 26. Source: bht2000 / Shutterstock.com With U.S. prices for crude oil over $85 per barrel, and natural gas imported to Europe at over $90/mcf, producers
Special purpose acquisition companies (SPACs) have had a dreadful past six months. After a big run in the early part of 2021, the market became flooded with SPACs. As economics predict, when the supply of something greatly exceeds demand, the price plunges. Too many SPAC sponsors were looking for a quick paycheck and launched shoddy
In this article DKNG MAT CLX MRNA FFIV GLW Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Corning — Shares of the tech and specialty glass company rallied more than 12% in midday trading after beating on the top and bottom lines
How does a nation’s education system relate to its economic performance? Why do most workers with college degrees earn so much more than those without degrees? Understanding how education and training interact with the economy can help explain why some workers, businesses, and economies flourish, while others falter. As the labor supply increases, downward pressure is
From the outset, neo-banking leader SoFi Technologies (NASDAQ:SOFI) sought to help people from all walks of life to manage their money. It’s an ambitious vision that some loyal SOFI stock holders undoubtedly share. Source: rafapress / Shutterstock.com The idea of taking on the big banks and handing the power back to the people is exciting.
It has been two years since NBA legend Kobe Bryant, his daughter Gianna, and seven others tragically died in a helicopter crash in Los Angeles. Bryant was an NBA Most Valuable Player, five-time NBA champion, and one of the most influential players who has ever picked up a basketball. He was also a savvy businessman.
CNBC’s Jim Cramer on Wednesday condemned the 2021 rush of speculative SPACs for playing a part in the stock market’s recent weakness. On “Squawk Box,” Cramer issued a challenge to any SPAC-enthusiast who might want to face-off with him. “There’s no more ‘Jimmy Chill’ when it comes to SPACs,” he said. “You come on our
I have been a big Nvidia (NASDAQ:NVDA) bull for a long time now. All you have to do is look at a chart of NVDA stock over the past five years to see why. The company continues to dominate competitors and there is seemingly nothing to slow it down. Source: rafapress / Shutterstock.com When NVDA
To say DiDi Global (NYSE:DIDI) stock’s investors are in a spot of bother is probably a major understatement. The Chinese ride-hailing giant had just been listed on the NYSE a few months ago at $14 per share. However, DIDI stock is now trading in the penny stock territory at $4.34 and is likely to delist
In this article NAVI FFIV MSFT Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on May 27, 2016. Charles Pertwee | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Texas Instruments — Shares of the semiconductor company popped more than 4% on the back of a
Exchange-traded funds, or ETFs, provide an alternative means of access for investors seeking potential profits within the aluminum market. Physical aluminum is not available as an investment asset in the same way as metals such as gold, silver, and platinum. Aluminum futures are traded; however, many investors are unfamiliar with trading in the futures markets
Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,
U.S. stock futures climbed on Wednesday, with the outcome of a Federal Reserve meeting in the spotlight, along with a fresh batch of earnings from Boeing, Tesla and other big names. Microsoft shares were rising in premarket following the tech giant’s results. How are stock-index futures trading? S&P 500 futures ES00, +1.29% jumped 1% to
Buyers should cool off on cryptocurrency concerns and make some long-term investments instead, SkyBridge Capital’s Anthony Scaramucci told CNBC on Tuesday. Some people think bitcoin is “rat poison,” as billionaire investor Warren Buffett once described it; others think it’s the worst thing to ever happen to civilization, Scaramucci said in a “Squawk Box” interview. “Everyone
Lots of bottom-callers are wishing it was over, but the pain has hardly begun. zacks.com zacks.com/ultimate
Shares of fuboTV (NYSE:FUBO) are in a free-fall of late, having lost over 65% value in the past three months. This is a surprise, considering how its been killing it over the past several quarters. Its platform has grown incredibly in subscriber numbers and has significantly improved its monetization. Hence, the downtrend is an excellent
Recent news that SoFi Technologies (NASDAQ:SOFI) finally secured a bank charter was celebrated, with SOFI stock soaring as much as 37% in the days following the announcement. Source: Tada Images / Shutterstock.com I’ll get into the reason behind the warm reception in a moment, but I don’t necessarily see that much positive in the news.