[ad_1] Xpeng showed off its forthcoming G9 SUV at the Chengdu auto show in August 2022. China News Service | China News Service | Getty Images BEIJING — Chinese electric car start-up Xpeng‘s newest model will likely sell better than its most popular car to date, according to Brian Gu, …
Read More »German government agrees nationalization deal for energy giant Uniper
[ad_1] Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | Getty Images The German government on Wednesday agreed to the nationalization of utility Uniper as it strives to …
Read More »Coinbase is not a buy
[ad_1] Certara Inc: “They’re not bad. They actually don’t lose money. … I think it’s a great spec, and I usually don’t say that.” Melco Resorts & Entertainment Ltd: “It’s a nice spec on the idea that Covid is going to be beaten, but I do not like the gambling …
Read More »Johnson & Johnson CEO touts ‘smart’ data approach at new center
[ad_1] Johnson & Johnson is honing in on finding new solutions to advance health care treatments, CEO Joaquin Duato told CNBC’s Jim Cramer on Tuesday. The “Mad Money” host sat down with the chief executive on Tuesday at the opening of the company’s new research and development center in San …
Read More »Market rallies will be sporadic until inflation comes down
[ad_1] CNBC’s Jim Cramer on Tuesday said that any rallies in the market will be short-lived as long as inflation remains persistent. “Sometimes you don’t need to know the price of the Dow, you just need to know the price of Kerrygold butter or a Lennar three-bedroom,” the “Mad Money” …
Read More »Why Ford's warning and stock drop do not derail our long-term belief in the company
[ad_1] Do you buy the dip in Ford shares or are these missed sales the company talked about gone for good? [ad_2] Source link
Read More »3 takeaways from Tuesday’s Morning Meeting
[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 Tuesday’s key moments. Now is absolutely not the time to buy Quick mentions: F, HUM, META, CRM, AMZN Exclusive looks into 3 Club names 1. Now is …
Read More »Deutsche Bank downgrades data storage company Western Digital
[ad_1] It’s time to move to the sidelines on Western Digital , according to Deutsche Bank. Analyst Sidney Ho downgraded shares to hold from buy, citing weak demand ahead. The analyst also lowered her price target on the stock to $40 from $56. The new target implies upside of roughly …
Read More »Layoffs loom on the horizon, some economists say
[ad_1] From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently that we’re in a recession. We have two quarters of declining GDP that often happens …
Read More »Intuit CEO sees healthy consumer spending, but inflation is key worry
[ad_1] Intuit sees strong consumer spending despite persistent inflation dogging the economy, company CEO Sasan Goodarzi told CNBC’s Jim Cramer on Monday. Goodarzi noted that the financial software firm is able to see consumer spending, the number of employees that businesses have hired and the number of hours they’ve worked. …
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