Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because they are the best ways to approach a marketwide sell-off, …
Read More »Buying opportunities come at the moment of maximum panic
CNBC’s Jim Cramer on Monday broke down his long-trusted playbook to game the market on volatile days for stock trading. Equities on Wall Street spent the early part of the trading day in the red, coming under pressure as investors worried over new revelations about the coronavirus outbreak in the …
Read More »Apple, Baidu, Chewy and more
The Apple iPhone 12 Pro Max is unveiled during a virtual product launch. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — Apple shares rose more than 3% after Nikkei reported the tech giant will ramp up its iPhone production by …
Read More »Goldman Sachs CEO David Solomon on market euphoria and recent IPOs
Goldman Sachs Chairman and CEO David Solomon told CNBC on Tuesday that he’s concerned about the intense demand from retail investors in recent initial public offerings. “I do think we’re in a moment in time where there’s a lot of euphoria. I personally am concerned about that,” Solomon said on …
Read More »Airbnb hosts profit from IPO pop, spreading wealth beyond investors
A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California. Gabrielle Lurie | Reuters Since starting as an Airbnb host in 2016, Travis Schurr has become a mainstay on the site, listing more than 20 houses in the Las Vegas area. …
Read More »5 things to know before the stock market opens December 9, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to add to Tuesday’s record close The S&P 500 saw its first close over 3,700 as Wall Street has gotten off to a strong start in December in a continuation of …
Read More »Trump rushes drilling in Arctic Wildlife Reserve before Biden takes office
A polar bear keeps close to her young along the Beaufort Sea coast in Arctic National Wildlife Refuge, Alaska in a March 6, 2007 file photo. Susanne Miller | Reuters The Trump administration announced Thursday that it will auction off drilling rights in the Arctic National Wildlife Refuge in just over a …
Read More »Goldman predicts how quickly Covid-19 vaccines will be rolled out
A health worker injects a person during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Investment bank Goldman Sachs has forecast that more than 70% of people in developed markets will be vaccinated against the coronavirus …
Read More »Moderna, IHS Markit, Slack & more
Check out the companies making headlines before the bell: Moderna — Shares Moderna rose more than 11% in premarket trading after the drugmaker said new data confirms the vaccine is more than 94% effective in preventing Covid-19. Moderna plans to request emergency clearance from the Food and Drug Administration on Monday. …
Read More »Cramer calls this stock market ‘the most speculative’ he’s ever seen
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where …
Read More »The economics of drilling in the Arctic
The Arctic is not a barren, frozen wasteland. It’s home to some of the most unique ecosystems in the world. More than this: it’s home to people. Those people are at the center of the controversy over drilling for oil in the Arctic. The Trump administration is now starting the …
Read More »Biden to rejoin Paris Climate Accord. Here’s what happens next
WILMINGTON, DE – NOVEMBER 19: President-elect Joe Biden answers a reporter question after he delivered remarks at the Queen in Wilmington, Delaware on Thursday, Nov. 19, 2020. (Photo by Salwan Georges/The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images President-elect Joe Biden will …
Read More »Cramer says he’s never seen such resilient stock buyers
CNBC’s Jim Cramer said Monday that a new type of investor is behaving differently during the stock market’s pandemic-era rally than what he has traditionally observed over his decades-long career on Wall Street and in financial media. “There’s a new young crop of buyers who do not sell on the …
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