[ad_1] The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that things are getting very promotional in the key apparel sector, well then the market can stay …
Read More »
[ad_1] A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online platform for medical professionals skyrocketed more than 27% after the company reported better-than-expected quarterly results. Doximity also announced a new …
Read More »
[ad_1] An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX While Elon Musk earns daily headlines over changes at Twitter, a significant reorganization is underway at his space company’s Texas launch facility. SpaceX president and COO …
Read More »
[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. Buying health stocks DHR as a China reopening play Tech cutting costs 1. Buying health stocks on the dip Health-care stocks were down on …
Read More »
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stock blowout What a huge day for stocks. All …
Read More »
[ad_1] China’s Covid outbreak is at its worst in about half a year. Residents of Hohhot, Inner Mongolia, are pictured here lining up for regular virus testing in their community on Nov. 10, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China reduced the quarantine time for …
Read More »
[ad_1] A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines on Thursday said it was giving pilots 5% raises that were part of a pandemic cost-reduction agreement months ahead of schedule, citing the carrier’s return to profitability and upbeat …
Read More »
[ad_1] Goldman Sachs CEO David Solomon said Thursday that he expects capital markets to recover in the upcoming months. “I think what we’re going through at the moment is a reset of valuation expectations,” he said in an interview with CNBC’s Jim Cramer. “In the coming months, we’ll see a …
Read More »
[ad_1] CNBC’s Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry’s pandemic boom wanes. “We caught a real break today with a much lower-than-expected consumer price index number, and a huge part of that came down to how much it costs to get …
Read More »
[ad_1] Advanced Micro Devices Inc: “We’ve cut the position back for my Charitable Trust. … We’re happy and content to leave the rest and let it run up $8 today.” Medtronic PLC: “I can’t recommend it. … There are many better healthcare stocks out there.” Activision Blizzard Inc: “I actually …
Read More »