[ad_1] Amazon (AMZN) could potentially spin off its Prime streaming unit as a separate company, CEO Andy Jassy said Wednesday. During a wide-ranging interview at the The New York Times’ DealBook Summit , Jassy said that “overtime we have opportunities to make our Prime video business a standalone business that …
Read More »Wall Street’s bullish on 3 Club stocks Wednesday
[ad_1] Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here’s the latest analyst commentary on these Club holdings, along with our view. Apple Analyst take: Baird lowered its estimate for iPhone manufacturing in Apple’s fiscal first quarter by 8 million units, …
Read More »Jim Cramer’s Investing Club meeting Wednesday: Fed speech, stock picks
[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 Wednesday’s key moments. Fed Chair Powell to speak Defensive growth stocks Alphabet’s high costs 1. Fed Chair Powell to speak Stocks were mixed Wednesday ahead of a …
Read More »How to play the beaten-up EV stocks from here — Evercore ISI sees one doubling next year
[ad_1] Electric vehicle stocks have had a tough year, but don’t count them out just yet, according to Evercore ISI. Analyst Chris McNally said the past year has been a much-needed expectation reset for nascent EV players, such as Fisker , Rivian Automotive , and Lucid Group . Their stocks …
Read More »Long Covid patients share their struggle with disability coverage
[ad_1] Michael Bryand, 35, first got Covid in September 2020. “I never really got better,” he said in a sit-down interview with CNBC. “I had symptoms that stayed with me and that are still with me.” Bryand, who was working at Wells Fargo in San Antonio at the time, went …
Read More »Despite long Covid risks, employees consider cutting health benefits
[ad_1] Tech startup company Fast Chief Communications Officer Jason Alderman (R) talks with an employee on the first day working in the office on March 24, 2021 in San Francisco, California. Justin Sullivan | Getty Images Inflation has stretched household budgets near their limit. As a result, most people have …
Read More »5 things to know before the stock market opens Wednesday
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on November 29, 2022 in New York City. Spencer Platt | Getty Images Here are the most important news items that investors need to start their trading day: 1. Rate hike watch Federal Reserve Chair Jerome Powell …
Read More »I like Morgan Stanley over SoFi Technologies
[ad_1] Morgan Stanley: “That’s the kind of stock that we like here. … We are in real companies that make real things, return real capital and Morgan Stanley is one of those.” Intuitive Surgical Inc: “I’m now even gun-shy on the 50 times earnings and more stocks, because those are …
Read More »Charts suggest the S&P 500 is at a ‘make-or-break’ moment, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Tuesday said that the S&P 500 is at a critical moment that could send it higher or cut its upward trajectory short. “The charts, as interpreted by Carolyn Boroden, suggest that the S&P 500 could be due for some near-term turbulence if it can’t break …
Read More »Cramer says he likes stocks in these 4 industries over tech right now
[ad_1] CNBC’s Jim Cramer on Tuesday offered investors a list of industries they should eye over tech when managing their portfolios. Here is his list: Industrials Foods Pharmaceuticals Oils “Why rubberneck when you can invest in stocks of companies that have a lot going for them? I think that’s much …
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