[ad_1] A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock price, which is down nearly 50 percent for the year. Scott Olson | Getty Images Check …
Read More »Energy sector needs firms with mentality of Tesla to move forward: CEO
[ad_1] The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a Tesla to disrupt … the car manufacturing sector, it took an Amazon to disrupt the retail …
Read More »‘Hold your nose and sell’ to brace for a possible market downturn, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Monday warned investors that they should trim some of their positions to prepare for a possible market decline. “According to the S&P oscillator I’ve followed for ages, we’re very overbought right now,” he said. “You have to hold your nose and sell something because we’re …
Read More »5 things to know before the stock market opens Monday, October 31
[ad_1] Trader on the floor of the NYSE, Oct. 28, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Green October U.S. equities markets are primed to wrap up a stellar month as October concludes. The Dow, in fact, could …
Read More »Wall Street’s favorite 100-year-old stocks to buy
[ad_1] Investors dumping tech stocks after their dismal earnings results this past week are going back to old economy names for the hottest stock picks. Disappointing quarterly reports from mega-cap tech stocks signified lower growth ahead from the once darling tech sector. Shares of Amazon tumbled nearly 15% last week …
Read More »Here’s a roundup of 8 price target changes we made in Club stocks
[ad_1] This earnings season has been a tough one for our big technology stocks — and as a result, we’ve lowered several of our price targets based on the companies’ latest quarterly reports, forward guidance and commentary. The current rising interest rate environment and the strong U.S. dollar — another …
Read More »Apple, Amazon, Intel and more
[ad_1] Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Apple – Shares of Apple jumped 8% after the technology giant beat both …
Read More »New stocks, 2 trades, earnings recap
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Looking for new names We made 2 trades Earnings recap 1. Looking for new names Stocks climbed Friday, with the Dow Jones Industrial Average …
Read More »Workers at NYC Starbucks and Amazon Go store file petition to unionize
[ad_1] Amazon and Starbucks stop Union Busting sign, International Workers Day, United Against Union Busting March and Rally, Workers Circle, Amazon Labor Union, NY Immigration Coalition, Make the Road, NYC Central Labor Council, RWDSU and more community-based organizations, immigrant rights groups, unions, and allies, Union Square, New York City. Joan …
Read More »Exxon Mobil, Chevron, Amazon and others
[ad_1] Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and cost controls helped offset the slide in crude oil prices. Chevron (CVX) – Chevron rose 1.7% in premarket …
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