[ad_1] CNBC’s Jim Cramer on Friday offered investors his thoughts on the major banks that reported earnings this week. “If the whole market hadn’t already roared yesterday, I think we could’ve had a nice rally in response to these numbers. But, as it is, I’d say this is a surprisingly …
Read More »JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
[ad_1] Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading Friday. Albertsons — Shares of the Safeway owner …
Read More »Bank earnings watched for clues on slowing economy after Dimon’s warning
[ad_1] Big American banks have mostly resisted bulking up loan loss reserves this year as the financial health of consumers and corporations has held up despite mounting recession concerns. That may be about to change as industry giants including JPMorgan Chase and Citigroup report third-quarter results Friday, giving investors the …
Read More »Jim Cramer says these 14 stocks are ‘about to pop’
[ad_1] CNBC’s Jim Cramer on Wednesday offered investors a list of stocks that he believes could bounce soon. “The S&P [500]’s down almost 25% for the year, and we’ve gone eleven months since the bear market began. The average bear market only lasts for about 13 months. So maybe we …
Read More »5 things to know before the stock market opens Tuesday, October 11
[ad_1] Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. A new skid U.S. stock markets started October with a bang, but have now posted four straight losing sessions. The tech-laden …
Read More »U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
[ad_1] Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and …
Read More »5 things to know before the stock market opens Monday, October 10
[ad_1] Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. The calm before the earnings storm After a strange week – stocks were higher despite three straight losing sessions – investors …
Read More »Don’t ‘be a hero’ while the Fed battles inflation
[ad_1] CNBC’s Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile. “This economy is a runaway train; it’s smashed through the Fed’s blockades today, so now they may just blow up the tracks to derail the whole darn thing. …
Read More »Zoom is ‘washed out’ as video conference provider pivots its business, JPMorgan says
[ad_1] Shares of Zoom are “washed out” as the video conferencing company undertakes a plan to transition its business, according to JPMorgan. “Our assessment is positive on Zoom’s underlying technology, continued innovation, and market position, and we are impressed by the cash-generative financial profile, though we believe these are offset …
Read More »3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
[ad_1] Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s …
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