Tag Archives: Investment strategy

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set for steady open after 2021 started lower 2. Georgia runoffs could flip Senate control Democratic candidates for Senate Jon Ossoff (L) and Raphael Warnock (R) bump elbows on stage during …

VMware has committed to achieving gender parity as part of its list of goals to reach this decade, COO Sanjay Poonen told CNBC’s Jim Cramer Monday. The cloud computing and virtualization software company has laid out 30 goals to meet by 2030, and addressing the makeup of the workforce is …

CNBC’s Jim Cramer on Monday identified a handful of SPAC plays that investors could buy as their stocks decline from a hot run closing out 2020. “The electric-vehicle SPAC plays got incredibly overheated late last year, so when you see them cooling off like they did today … it’s actually …

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, …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to pick up where 2020 left off Traders work on the floor of the NYSE on Dec. 31st, 2020. NYSE U.S. stock futures rose Monday after the Dow Jones …

A security man administers sanitiser to a visitor to a state hospital in Lagos, on February 28, 2020. PIUS UTOMI EKPEI | AFP via Getty Images The coronavirus pandemic has sharpened the lens on a substantial health-care spending gap in Africa’s largest economy, and international investors are seeking to fill …

mphillips007 | iStock Unreleased | Getty Images The Mega Millions jackpot has surged higher. After no ticket matched all six numbers drawn on Friday, the top prize is now $432 million for the next drawing on Tuesday night. Powerball’s jackpot is at $384 million for Saturday night’s drawing. While the …

The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, a vicious presidential election. It also brought the most severe recession in almost a century, which hurtled millions into poverty …

Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Last trading day of 2020 on Wall Street Ornaments on the New York Stock Exchange (NYSE) holiday tree at Wall Street on December 9, 2020 in New York City. Angela Weiss | …

MARK RALSTON | AFP | Getty Images There’s a chance that at least a couple of people will end 2020 far wealthier than most of us. With no ticket matching all six numbers drawn Tuesday in Mega Millions, the jackpot has jumped to $401 million for Friday night’s drawing. Powerball’s …

Russell Okung #76 of the Carolina Panthers Grant Halverson | Getty Images It’s often referred to as a new form of gold, and now Carolina Panthers offensive linemen Russell Okung is making a massive bet on bitcoin. After a nearly two-year battle, Okung finally had his wish granted and will …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. McConnell blocks $2,000 stimulus checks Senate Majority Leader Mitch McConnell (R-KY) speaks at a news conference with other Senate Republicans at the U.S. Capitol on December 15, 2020 in Washington, DC. Tom …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. House passes bill for $2,000 stimulus checks Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak after a press conference on Capitol Hill on December 20, …

JPMorgan Chase has agreed to purchase one of the biggest third-party credit-card loyalty operators in a bet that pleasure travel will rebound sharply after the coronavirus pandemic subsides, CNBC has learned. The bank agreed Monday to acquire the technology platforms, travel agency, gift card and points businesses of cxLoyalty Group, a …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to rise nearly 200 points to start final week of 2020 Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures pointed to a higher open …

krisanapong detraphiphat | Moment | Getty Images Bottom-scraping interest rates in 2020 were a major factor fueling a stock market that, after plummeting in March from the pandemic, rallied to post a banner year. Low interest rates also vexed investors seeking yield from bonds purchased to diversify portfolios and reduce …

Frederic J. Brown | AFP | Getty Images Mega Millions players can let the daydreaming continue. With no one hitting all six numbers drawn Friday, the jackpot has jumped to an estimated $376 million. And Powerball, with the next drawing set for Saturday night, is at $341 million. Of course, …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Trump slams Covid stimulus bill U.S. President Donald Trump waves as he departs on the South Lawn of the White House, on December 12, 2020 in Washington, DC. Al Drago | Getty …

The Container Store has named a replacement for outgoing CEO Melissa Reiff, who told CNBC’s Jim Cramer Tuesday that she is optimistic about the transition. Satish Malhotra, a veteran executive of personal care retailer Sephora, is set to begin leading the storage and organization products retailer, come February. “There’s never …

When the coronavirus pandemic limited face-to-face interactions earlier this year, companies, governments and other organizations adapted to the new normal by transitioning many activities online. The transition, a part of the digital transformation that has played out over the years, was a boon for companies like cloud messaging provider Twilio, …

CNBC’s Jim Cramer on Tuesday reacted to rumors that Apple could be laying day a path to get into the car business, saying Apple stock should be owned simply for its existing catalog of technology products. “An electric vehicle merely gives you one more reason to own Apple, not trade …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow headed for a higher open after Capitol Hill finally delivers on stimulus Ornaments on the New York Stock Exchange (NYSE) holiday tree at Wall Street on December 9, 2020 in New …

Travel stocks are in turmoil, again. Airlines, hotel and cruise stocks sold off Monday as a new Covid strain broke out in the U.K. and Europe tightened travel restrictions. It does not make sense to jump into these names yet, even with the pullback, Joule Financial President Quint Tatro told …

Thor Industries CEO Bob Martin on Monday told CNBC that the company is looking to develop new products and expand its business after purchasing Tiffin Motorhomes in a $300 million deal. The acquisition gives Thor, a recreational vehicle maker based in Indiana, a manufacturer of high-end motorhomes based in Alabama …

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 …

Robinhood CEO Vlad Tenev on Monday responded to claims that the stock trading company deceived customers about its money making tactics, which led it to a $65 million settlement with the Securities and Exchange Commission last week. In an appearance on CNBC’s “Mad Money,” Tenev said Robinhood, which is privately …

America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Fully 70% of millionaires expect the S&P 500 will be up at least 5% next year, according to the survey of households with investible assets of at least …

Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Nike shares jumped …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street under pressure on concerns about new Covid strain Traders work on the floor of the NYSE. NYSE 2. Doctors say vaccines still likely effective on new variants Commuters walk along …

jayk7 | Moment | Getty Images This has been the year of unpredictability. The pandemic, including self-quarantining for months, is top of mind for people around the globe. The many other surprises this year include the fastest bear market in history, civil unrest, quite a unique U.S. presidential election, the …

The pandemic took a backseat to Tesla on the stock market Friday as traders exchanged shares ahead of its upcoming debut on the market benchmark index, CNBC’s Jim Cramer said Friday. Trade in Tesla, the poster child of high-flying tech stocks in 2020, put pressure on the rest of the …

CNBC’s Jim Cramer on Friday gave his assessment on XL Fleet, the commercial and municipal fleet electrification supplier that’s expected to go public next week via blank-check merger. XL Fleet, founded in 2009 to tap into the emerging electric vehicle economy, is being targeted by a special purpose acquisition company …

Cloudflare CEO Matthew Prince on Friday commented on the cyberattack on the federal government that was revealed earlier this week. In an appearance on CNBC’s “Mad Money,” the chief executive of the cloud cybersecurity provider said it’s one reason his company is shifting towards what he called a “zero-trust architecture” …

We all need a vacation after 2020. And with vaccines being shipped out around the country, now might be a good time to start planning your much-needed getaway in 2021. The most important part of any trip you plan during Covid-19 will be flexibility, according to Nisreene Atassi, the global …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set for a steady open after Dow, S&P 500, Nasdaq closed at records U.S. stock futures were little changed Friday, with Wall Street wondering whether Capitol Hill can deliver a …

At Home CEO Lee Bird on Thursday told CNBC’s Jim Cramer that business has grown exponentially during the pandemic and that the company has expansion plans on the horizon. While the home decor superstore invests in building out its digital presence, the company continues to see opportunity in physical stores, …

CNBC’s Jim Cramer, after reviewing quarterly reports from Accenture consulting and Lennar home construction on Thursday, said it’s difficult to be a bearish investor in the current market environment. Both company’s shares rose about 7% during the session after posting solid beats on the revenue and profit lines, but the …

It’s the season of giving — and New England Patriots linebacker Brandon Copeland is doing his part. This holiday season, he got together with 19 other current and former NFL players to surprise 200 underserved families each with $800 Amazon gift cards. The total giveaway: $160,000. The players are “guys …

Bill Gross, co-founder of Pacific Investment Management Co. (PIMCO), and his girlfriend Amy Schwartz wear protective masks while arriving at state court in Santa Ana, California, U.S., on Monday, Dec. 7, 2020. David Swanson | Bloomberg | Getty Images Billionaire bond investor Bill Gross has a special place in his …

It’s no secret airlines have had an unprecedently bad year. JPMorgan expects the pain to continue for some companies, with analysts double downgrading shares of JetBlue, Spirit and United Airlines to underweight from overweight on Wednesday on overvaluation concerns. The firm maintained its overweight ratings on Delta, Alaska Airlines and …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. S&P 500 set to open above its record close level Even as strong as the Nasdaq’s over 40% rise has been in 2020, it’s no where near the 370% surge this year for …

MP Materials CEO James Litinsky appeared on CNBC Wednesday, addressing confusion about the rare earth products the company provides in the electric vehicle space. The mining company, which owns the Mountain Pass open-pit mine in southeastern California, supplies rare earth magnets to electric vehicle makers, but the magnets are not for …

CNBC’s Jim Cramer on Wednesday said the stock market is full of pessimism, creating an opportune moment for investors. “Fairly or unfairly, this is a great moment for the stock market,” the “Mad Money” host said. “The promised land is right there. We’ve still got to get through the worst …

Boeing CEO David Calhoun on CNBC Wednesday shot down speculation that the company could turn to a massive stock sale to knock off debt from its balance sheet. In a note Tuesday, Morgan Stanley said that the airplane manufacturer could raise between $20 billion and $30 billion, an assessment that …

In the Dutch town of Venray, Didi Taihuttu decided to make his first big gamble on bitcoin. In early 2017, the father of three searched every corner of his five-bedroom house, gathering the family’s supply of gold jewelry and trinkets. Taihuttu had a hunch that it was time to swap …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to extend Tuesday’s rally U.S. stock futures were higher after Tuesday’s rally as investors grew more optimistic about Washington reaching a deal on another coronavirus economic relief package. However, a …

Lululemon Athletica CEO Calvin McDonald in an appearance on CNBC Tuesday said he does not expect the company’s sales momentum to slow down with the arrival of Covid-19 vaccines “We don’t see any dramatic impact in the reduction of the momentum in the business … there are a lot of …

With the so-called “Santa Claus rally” in mid-swing, CNBC’s Jim Cramer on Tuesday said investors are making conflicting bets on stocks in contrast to December rallies in years past. The stock market tends to rally in December heading into the Christmas holiday, but the 2020 year-end increase is being powered …

Pivotal Advisors founder Tiffany McGhee told CNBC on Tuesday that increasing opportunities for diverse businesses starts by recognizing historic barriers that had been in place, especially in the financial services industry. “If you’re interested in working with a diverse-owned firm, the traditional metrics might not work. We might not have …

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 …

The index fund has thoroughly disrupted the role of active stock pickers in the market, but in an era of accelerating disruptive business models across sectors of the economy, stocks like Tesla remind investors that they still need to make some conviction bets to generate above-average returns. Tesla will begin …

Nitat Termmee | Moment | Getty Images At the end of every year, there’s an opportunity to make smart financial moves to reduce taxes, increase net investment income and decrease portfolio risk. Some of these financial moves are especially timely. They’re enabled by federal legislation and temporary changes in tax …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to rise after fears of Covid restrictions wiped out Monday’s gains Traders work on the floor of the New York Stock Exchange. NYSE The Dow Jones Industrial Average was set to …

A view of East London from an aerial view. As the sun sets its glow is captured on the skyscrapers of Canary Wharf – the second business district of London. Ray Wise | Moment | Getty Images Opportunity abounds for investors looking to seize on distressed real estate assets in …

India’s entrepreneurs have a unique opportunity to shape the future of technology, not only within their own country but across the globe, according to the billionaire founder of one of the country’s most successful start-ups. Vijay Shekhar Sharma, CEO of financial technology company Paytm, said accelerating internet adoption under the …

Casino stocks are rallying as investors anticipate a rebound in travel and less rocky trade relations between the U.S. and China in the upcoming year, CNBC’s Jim Cramer said. The U.S. earlier Monday began inoculating citizens with a Covid-19 vaccine authorized by federal regulators for emergency use, which officials hope …

The stay-at-home trade has returned to Wall Street despite the U.S. launching its Covid-19 vaccination campaign, revealing some insight into how investors gauge the economic bounce back in the near term, CNBC’s Jim Cramer said Monday. “The recovery stocks are handing the baton back to the lockdown winners because lockdown …

Ergin Yalcin | E+ | Getty Images For the nation’s oldest individuals who are eager for protection against Covid, the waiting game has commenced. Shipment of 2.9 million doses of the first U.S.-authorized coronavirus vaccine began Sunday, headed for hundreds of sites around the country. With initial supply limited — …

New sneakers, a MacBook, a Peloton — you can pay for almost anything in installments these days. Like the layaway plans of old, but now called point-of-sale loans, “buy now, pay later” lets shoppers break their purchases into equal installment payments without interest or fees, even using a debit card, …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set for higher open as Pfizer’s vaccine rolls out Traders work the floor of the New York Stock Exchange. NYSE Dow futures pointed to a more than 200-point gain at Monday’s open …

Medical staff examine a patient in the Covid-19 intensive care unit at United Memorial Medical Center in Houston on Nov. 16, 2020. Go Nakamura | Getty Images LONDON — Swiss biotech firm Relief Therapeutics has seen its share price climb by 38,000% so far this year, as it develops a …

AscentXmedia | iStock | Getty Images When it comes to managing money, most everybody has doubts as to whether they’re doing it right. So you may breathe a sigh of relief to know that no one is crazy, according to Morgan Housel, author of the book “The Psychology of Money.” …

Packs of 2019 Topps cards spread out across a table. Sam Rega Interest in collecting and values have seen a steady uptick for the last decade with prices really starting to rise at quicker rate somewhere around 2016 or 2017. With the onset of the pandemic at the beginning of …

With a Covid-19 vaccine use authorization from U.S. drug regulators imminent, CNBC’s Jim Cramer said Friday the time is ripe to take on some risk in the market. “If you want to speculate, this is the time to do it, just speculate wisely,” the “Mad Money” host said. “You’ve got …

CNBC’s Jim Cramer on Friday pitched Azek stock as a “top idea for 2021,” citing the state of the home reconstruction market and growing interest in alternative building materials. Azek a week ago posted a better-than-expected quarterly report and shares sold off anyway, declining nearly 4% over two days. Cramer …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop as stimulus talks stall Traders work on the floor of the New York Stock Exchange. Source: NYSE The Dow Jones Industrial Average was set to open 150 points lower …

In a classic lesson of buying low and selling high, CNBC’s Jim Cramer on Thursday recommended investors trim their holdings in a number of speculative stocks he recently said are worth owning. After some of the stock picks put up triple-digit gains in a short timeframe, he advises trading at …

Major stock averages have rallied double digits from early November, but CNBC’s Jim Cramer said this is not the time to bet against the stock market or some of the best-performing components on the market. “The backdrop is too positive to bet aggressively against anything here. If you own something …

Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon on Thursday reported sales of $1.1 billion, up 22% from a year ago and beating analysts’ estimates, as shoppers frequented the retailer’s stores and website to buy workout apparel during the period. In North America, …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to open lower after Wednesday’s drop from record highs U.S. stock futures pointed to a lower open, with investors watching Thursday’s FDA meeting on Pfizer’s Covid-19 vaccine and continued talks in …

Chevron has taken steps to lessen the oil and gas giant’s dependence on fossil fuels, laying a path to an energy system with a reduced carbon footprint, CEO Mike Wirth told CNBC’s Jim Cramer Wednesday. “We embrace a lower carbon future. We expect a lower carbon energy system,” Wirth said …

DoorDash’s red-hot market debut is a lesson in placing orders to buy stocks on the market, according to CNBC’s Jim Cramer. “It’s true that people using market orders took DoorDash to levels that maybe … were far higher than they thought they’d have paid,” the “Mad Money” host said after …

Starbucks kicked off its investor day Wednesday in good shape. The stock, which closed slightly lower on the day, is less than 3% from its record high set last week. The shares have also rallied more than 100% since a March low. Mark Newton, founder of Newton Advisors, sees a …

The soaring shares of vaccine makers has created a new wave of billionaires, raising questions about pandemic profits amidst an increasingly unequal recovery. The surge in shares of BioNTech, the German biotech firm that’s partnering with Pfizer on its vaccine, has created $4 billion in added wealth for its CEO …

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 …

Stocks on Tuesday rebounded from a weak morning trade, powered by moves from younger traders, CNBC’s Jim Cramer said after the close. Before the S&P 500 managed to set new highs during the trading day, the broad index was down 0.35% at its lows. The index swung up 0.28% by …

Pet food supplier Chewy on Tuesday reported better-than-expected results in the company’s third fiscal quarter, in which it saw another surge in business amid the coronavirus pandemic. Chewy reported a 45% growth in revenue in the quarter ended Nov. 1, the third consecutive three-month period of a nearly 50% increase …

Airbnb has a chance to post substantial growth next year and the stock is worth buying when the company makes its long-awaited debut to the market Thursday, CNBC’s Jim Cramer said Tuesday. Investors can afford to be patient, however, as the vacation home rental company continues to face pandemic headwinds, …

CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties With winter looming, America’s mall owners face troubling days ahead in the global health crisis, according to a new report from S&P Global Market Intelligence. As the Covid pandemic worsens, and cases and hospitalizations keep climbing to new records in the U.S., …

Shares of Penumbra slid more than 12% on Tuesday after short-seller Quintessential Capital Management released a critical report on the California-based medical devices maker. Quintessential Capital has a short position in Penumbra, meaning it is betting that the stock will go down. The firm first began to target Penumbra last …

Woman holds vials labelled “COVID-19 Coronavirus Vaccine” over dry ice in this illustration taken, December 5, 2020. Dado Ruvic | Illustration | Reuters “I can’t produce enough for the masses,” Johnny T. Stine wrote on Facebook in May, “but in 18 months, when the virus is long gone, everyone will …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop for second day after Friday’s record Traders work on the floor of the New York Stock Exchange. NYSE The Dow was set to drop about 100 points at Tuesday’s …

As businesses adopted new digital capabilities to operate amid the coronavirus pandemic, ServiceNow reached a milestone among a key client base, CEO Bill McDermott said on CNBC Monday. In the third quarter, the cloud services provider signed its 1,000th customer contract valued above $1 million annually — that’s double the …

CNBC’s Jim Cramer on Monday gave his recommendation on the looming public debut of DoorDash. The San Francisco-based food delivery app received praise from Cramer, though he erred on the side of caution as to what price he thinks investors should be willing to pay for it when it begins …

CNBC’s Jim Cramer on Monday suggested that seasoned investors could take a cue and learn something from the stock market’s newcomers this year. “I think it’s time to stop disrespecting the younger investors who’ve nailed 2020 every step of the way and start taking them seriously,” the “Mad Money” host …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop after a day of records not seen in nearly 3 years New York Stock Exchange building is seen decorated for Christmas at the Financial District in New York City, …

The stock market’s next move hinges on the state of coronavirus stimulus talks in Washington, CNBC’s Jim Cramer said Friday. “If the Democrats and Republicans in Congress can make a stimulus deal over the weekend, this market can indeed keep running,” the “Mad Money” host said. “Without some progress in …

An employee looks for items in one of the corridors at an Amazon warehouse. Carlos Jasso | Reuters The November jobs report showed that the pandemic-induced surge in e-commerce spending is spilling over into holiday hiring trends. The warehousing and transportation segment added 145,000 jobs last month on a seasonally …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow tracked for a gain ahead of November jobs report Traders work on the floor of the New York Stock Exchange. NYSE The Dow was set to rise more than 100 points at …

Tesla’s trek higher continues. Shares of the electric-auto maker surged Thursday after Goldman Sachs upped its rating on the stock to buy from neutral, citing accelerating electric vehicle adoption. The firm also raised its price target on the stock to $780, one of the highest on the Street. Tesla’s stock …

CNBC’s Jim Cramer on Thursday endorsed CIIG Merger, the U.S. blank-check company set to take U.K. electric-vehicle maker Arrival public next year, as a speculative stock for investors to play. “As much as I like this story, I think you can be patient,” the “Mad Money” host said. “But given …

Salesforce’s blockbuster deal for the Slack messaging platform will give the software giant the visibility it needs to increase its valuation by threefold, CNBC’s Jim Cramer said Thursday. “If you follow the customer, you’ll understand why Salesforce.com, which built a gigantic business by helping clients harness the power of the …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures little changed after another S&P 500 record The reluctance to commit on Wall Street reflected the uncertainty around a new Covid stimulus bill from a bipartisan group of senators. Investors are …

CNBC’s Jim Cramer on Wednesday laid out a basket of stocks that are set to bounce back when the U.S. reopens again, though the timeline remains elusive. “Pent-up demand. Get used to hearing that term because it’s going to define the very next leg of this just impossible-to-believe bull market,” the …

CNBC’s Jim Cramer on Wednesday made a plea for Joe Biden to stay tough on China once the Democrat moves into the White House in the new year. “I hope the incoming Biden administration can look at Trump’s trade war objectively, because in many ways, really, it worked,” the “Mad …

The online shopping craze has delivered a windfall for the shipping industry, and global warehouse providers such as XPO Logistics are reaping benefits, CEO Brad Jacobs told CNBC’s Jim Cramer on Wednesday. “In our logistics business, we are squarely in the middle of this massive e-commerce boom,” he said in …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop despite U.K. approval of Covid-19 vaccine Economists expect Wednesday’s monthly ADP report on private sector jobs to show that 475,000 new positions were added at U.S. companies last month …

Zoom Video Communications shares sold off big on Tuesday after the company reported strong quarterly results, but it’s not yet time to give up on the stay-at-home plays, CNBC’s Jim Cramer said. “Despite what you heard this morning, vast swathes of our economy remain very strong, and that includes the …

CNBC’s Jim Cramer on Tuesday doubled down on his forecast that Big Tech stocks have more upside in store as the market steers toward the end of the year. Facebook, Amazon, Apple, Netflix and Google-parent Alphabet shares, some of Wall Street’s hottest trades of 2020, have lagged the broader market …

Salesforce CEO Marc Benioff, after announcing that the software giant is acquiring Slack Technologies, told CNBC Tuesday that the company is on a path to double revenue. In its fiscal third-quarter report released after the close, Salesforce provided guidance of $25.5 billion on the high end in fiscal 2022. Benioff, …

Many charities have seen a surge in donations since the coronavirus crisis began. Now, on Giving Tuesday, pandemic-related nonprofits could get an unprecedented extra bump. Charitable donations generally get a big boost on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. Last year, …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to surge after best month since 1987 Dow futures pointed to a 300 point gain at Tuesday’s open, setting up Wall Street to start December with a strong rally. While stumbling …

CNBC’s Jim Cramer on Monday bemoaned the stock market rotation from the high-flying growth tech stocks and into lagging stocks in the market. “I’m so sick of hearing that it’s time to rotate into the small caps, or the oils, or the cyclical smokestack stocks,” the “Mad Money” host said. …

A truck operated by Germany’s Linde Group. Rod Nickel | Canada-Helium | Reuters CNBC’s Jim Cramer on Monday endorsed two stocks as plays on hydrogen fuel cells in the current market environment. While Cramer is convinced that hydrogen fuel technology, a frontier in clean energy, is the way of the …

S&P Global is widely known as a rating agency, but the rating business is expected to make up a much smaller portion of the company’s revenue after its big merger with IHS Markit. In an acquisition announced Monday, S&P Global revealed it would buy IHS Markit in a deal valuing …

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla will be added to the S&P 500 in a single step despite its …

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla will be added to the S&P 500 in a single step despite its …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow on track for best month in over 33 years A Wall Street sign is seen near the New York Stock Exchange (NYSE) in the financial district in New York, November 24, 2020. …

This year’s Black Friday is shaping up to be much different than usual. The Covid-19 pandemic’s impact on the retail sector and particularly brick-and-mortar stores was on full display Friday as deal-hungry shoppers opted to surf the web instead of hitting the mall for sales. Former Saks CEO Steve Sadove …

One of November’s worst performers could soon see a sustained comeback. That was two traders’ takeaway from a review of some of the month’s biggest S&P 500 laggards, including but not limited to: The above declines are as of Wednesday’s close. “Several of these turkeys … have definitely violated uptrends …

For a myriad of reasons, millennials, America’s largest generation, are becoming homeowners later in life and at lower rates than the generations of Americans that preceded them.  The rapid expansion of the middle-class after World War II made owning a home easier and, ultimately, a symbol of the American dream. …

‘Tis the season to shore up your savings. In the days leading up to Black Friday, financial experts caution against overspending, particularly amid an economic crisis due to the coronavirus pandemic — and consumers are listening. One campaign, called “In the Black Friday,” spearheaded by the National Financial Educators Council, …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to pause after record session Stocks looked to take a breather on Wednesday following a banner day on Wall Street. Dow Jones Industrial Average futures were down just 32 points, or …

When the U.S. can fully open up and get to the other side of the coronavirus crisis, Wall Street will celebrate like its 1933, according to CNBC’s Jim Cramer. In his first reaction to a banner day for the Dow Jones Industrial Average, where the blue-chip index broke through and …

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. shares fell Tuesday after the company reported fiscal third-quarter earnings that fell short of expectations, as higher spending on marketing offset sales gains at Old Navy and Athleta, while the company’s namesake and Banana Republic …

Black Friday — the biggest shopping day of the year — is no longer the day after Thanksgiving. Instead of one-day doorbuster deals, retailers like Walmart and Home Depot have been rolling out discounts in the days, or even weeks, ahead of the official start of the holiday season. And …

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 …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to continue Monday’s robust rally Dow futures pointed to an over 250 point gain at Tuesday’s open, with the Trump administration approving Joe Biden‘s transition and the president-elect set to pick …

A syringe is seen by the logo of Pfizer’s headquarter in Manhattan, New York City, United States on November 19, 2020. Tayfun Coskun | Anadolu Agency | Getty Images CNBC’s Jim Cramer on Monday gave a forecast of how he projects that the complex coronavirus vaccine distribution process will turn …

After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes …

With Thanksgiving nigh, CNBC’s Jim Cramer on Monday revealed a seasonal pattern that investors can consider playing leading into the Christmas holiday. The closing months of each year are defined by the holiday shopping rush, and Cramer expects the close of 2020 will be no different, despite the coronavirus pandemic. …

Peter Thiel Adam Jeffery | CNBC LONDON — Billionaire tech investor Peter Thiel has backed a Berlin start-up aiming to make psychedelic drugs to treat mental health disorders in a $125 million funding round. ATAI Life Sciences, which describes itself as a drug development platform, was set up to acquire, …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise after positive news on Covid vaccine, treatments 2. AstraZeneca Covid vaccine shows up to 90% efficacy A test tube labelled vaccine is seen in front of AstraZeneca logo in this …

The travel trade is in trouble. Airline, hotel and cruise line stocks slid on Friday ahead of Thanksgiving week after the CDC issued a warning on traveling for the holiday amid climbing Covid case counts. Expedia data released before the CDC’s announcement showed 60% of U.S. consumers said they would …

Retail earnings are ramping up this week. Urban Outfitters reports on Monday, a day before Best Buy, Dick’s Sporting Goods, Abercrombie and Fitch, Dollar Tree, Nordstrom, Gap and American Eagle Outfitters. All of their stocks are in the green year to date except for Nordstrom, which is down almost 48%. …

Promising developments on the vaccine front have sparked optimism that the pandemic’s end may be in sight. But if the market trends that immediately followed positive vaccine news are any indication, some sectors will benefit a lot more than others. Massachusetts-based biotech company Moderna said last week that its coronavirus …

Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Some retailers are betting that lip glosses, eye shadow palettes and facial scrubs will be the next big thing …

Game Stop store in New York City. Michael Brochstein | LightRocket | Getty Images The shift away from brick-and-mortar retailers in favor of online shopping has hurt GameStop over the past decade, pushing the company’s stock down nearly 40% in that time period. But Ryan Cohen, the former CEO of …

Zebra Technologies has played a role in coronavirus testing to fight off the pandemic, and now the barcode company has a new role to play in preventing the deadly virus from spreading further, CEO Anders Gustaffson told CNBC’s Jim Cramer Friday. While Zebra’s products have been used for tracking samples …

While Wall Street is preparing for a shortened week with Thanksgiving on the calendar, CNBC’s Jim Cramer is keeping his eye on key corporate earnings reports set to release before the holiday. The stock market will be closed on Thursday and open for a half-day of trading Friday to close …

When the coronavirus pandemic hit, many Americans not only switched to working remotely and cooking more meals. They began checking off tasks on the “to do list,” from painting walls to replacing old appliances. Home Depot and Lowe’s reported that appetite for home improvement continued in the third quarter, as …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Investors assess vaccine news against Covid-19 case spikes Pfizer and BioNTech said they’ll apply with the FDA on Friday for emergency use authorization for their vaccine, the first to go through the regulatory …

In recent months, young retail investors have caught a lot of flak from Wall Street professionals and the investment community. Calling into question their stock acumen, money managers have blamed amateurs, who are taking advantage of commission-free trades with the tap of the finger, for driving some U.S. stocks to …

CNBC’s Jim Cramer on Thursday presented a year-end list of what he calls “up stocks” that investors can buy to bet on a market rally through the end of the year. “We call them up stocks, the ones that go up all the time and barely ever go down,” the …

Covid-19 crackdowns are cutting into U.S. equity returns. Recent upticks in U.S. coronavirus case counts weighed on the major averages Thursday, with the Dow, S&P 500 and Nasdaq Composite eking out modest gains in afternoon trading after sustaining losses earlier in the session. Market analysts were looking longer term at …

People sit as Macys shopping bags are placed on a table at Herald Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 20, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to extend losing streak to three sessions Dow futures pointed to a decline at Thursday’s open after two straight down sessions for the 30-stock average. The Dow on Monday rallied to …

People walk past a Macy’s store in a Manhattan shopping district on August 12, 2020 in New York City. Following a massive drop in tourism due to the Covid-19 pandemic and a work culture that increasingly keeps people at home, New York City is seeing a large exodus of chain …

Biohaven Pharmaceutical CEO Vlad Coric appeared on CNBC Wednesday to discuss the company’s efforts to market an oral solution designed to preempt migraine attacks. After launching Nurtec ODT, an oral treatment for acute migraine attacks, earlier this year, the biotech firm now has its sights set on making that same …

After a down day for stocks in Wednesday’s session, CNBC’s Jim Cramer said the market is giving investors a chance to buy individual stocks now that Wall Street has broken away from the “tyranny of the index funds.” “There’s been a move to own individual stocks led by younger, often …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to resume its rally Dow futures pointed to an over 100 point gain at Wednesday’s open after a rip-roaring rally to record highs this week took a pause. There are a …

CNBC’s Jim Cramer on Tuesday tried to make sense of the declines in Home Depot and Walmart shares after the retail juggernauts posted third-quarter results that topped Wall Street estimates. Wall Street received a “pair of stellar quarters from Home Depot and Walmart … some of the best numbers I …

When General Motors decided to pull the plug on a sedan plant in northeast Ohio almost two years ago, the Detroit-based automaker was reacting to America’s growing interest in trucks and SUVs. The move eliminated more than 1,300 jobs, creating a headache for Lordstown, Ohio, and the local economy that …

CNBC’s Jim Cramer on Tuesday presented three potential buying opportunities connected to the chipmaking industry. After reviewing chart analysis from a trusted technician, the “Mad Money” host is recommending investors keep an eye on two semiconductor equipment makers in particular. “The charts, as interpreted by Bob Lang, suggest that the …

Tesla shares are taking off. The electric-auto maker’s stock closed more than 8% higher at $441.61 a share on Tuesday following S&P Dow Jones Indices’ announcement that the cult stock would be added to the S&P 500 index. At a $411.5 billion market cap and a 111-times forward price-to-earnings multiple, Tesla …

Tesla is officially on track to join the S&P 500. Shares of the electric-auto maker jumped more than 9% in Tuesday trading after S&P Dow Jones Indices announced the company would be added to the major market index, a long-awaited move and a triumph for Tesla bulls. Some market watchers …

Pharmacy stocks fell sharply on Tuesday after Amazon launched its new Pharmacy offering, which includes online ordering and delivery for prescription drugs. Dow Jones Industrial average member Walgreens Boots Alliance dropped more than 11% in premarket trading. CVS Health shares lost over 8%. Shares of Rite Aid fell 12.8%, while …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street under pressure after Dow, S&P 500 close at records Dow futures pointed to a more than 200 point drop at Tuesday’s open after two stocks in the index, Home Depot and …

Palo Alto Networks announced a new acquisition that the cybersecurity provider expects will give it an edge in fending off online hackers. The company is paying out $800 million to add to its portfolio Expanse, a San Francisco-based internet monitoring company that Palo Alto Networks CEO Nikesh Arora said will …

The reopening stocks led Wall Street higher on vaccine optimism, but investors may want to be selective about what stocks they pick up with the market at or near highs, CNBC’s Jim Cramer said Monday.  “The real issue in this market is faith. The buyers have faith in the future, …

After Wall Street welcomed more positive data from a biotech firm working on a coronavirus vaccine Monday, CNBC’s Jim Cramer turned his attention to investment opportunities linked to the vaccine distribution pipeline. “Now that the vaccine developers are approaching the finishing line, distributing this thing is priority number one,” the …

Earnings season turns its focus to retail this week. Dow stocks Home Depot and Walmart join Lowe’s, Macy’s and Kohl’s with reports out in the next few days. Those releases will shine a light on consumer spending during the pandemic. “If you look at the places where [consumers] are spending …

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 …

1. Dow set to jump on more promising Covid-19 vaccine data Dow futures pointed to about a 500 point gain at Monday’s open after Moderna said its preliminary trial data showed its coronavirus vaccine was more than 94% effective. Last Monday’s Pfizer and BioNTech announcement of more than 90% efficacy …

After New Jersey voters agreed to legalize marijuana within its borders last week, it’s only a matter of time before neighboring states do the same, GrowGeneration CEO Darren Lampert told CNBC’s Jim Cramer Friday. “We believe the rest of the East Coast will follow suit [and] legalize very soon,” he …

Earnings season will come to a close next week and many corporations have pleased Wall Street with the numbers they’ve posted thus far, CNBC’s Jim Cramer said Friday. Last quarter was “one of the best we’ve seen in ages,” likely because expectations were already lowered amid the ongoing health crisis, …

Doctor’s orders are going virtual. With Covid-19 case counts on the rise again, Teladoc, a stock at the crossroads of health care and technology, could be an ideal bet for investors looking for ways to brace for possible volatility, Todd Gordon, the founder of TradingAnalysis.com, told CNBC’s “Trading Nation” on …

Market volatility to the downside may not be entirely behind us, as the last two days of trading in U.S. stocks and the Dow Jones Industrial Average just reminded investors, with a dip of more than 300 points on Thursday. But since the week of Election Day, and through the …

1. Dow set to post weekly gains despite volatility Dow futures pointed to an over 200 point gain at Wall Street’s open on this Friday the 13th of November. The Dow Jones Industrial Average sank 317 points Thursday, after a small loss Wednesday, as the U.S. kept seeing the worst …

As the U.S. restaurant industry braces for the winter months and a surging coronavirus outbreak, food distributor Sysco has taken steps to help its customers weather an uncertain future. The Houston-based company said Thursday that it is canceling delivery size minimums for restaurants starting Monday. The news comes as some …

Ford Motor is carving a unique lane as the automaker goes after the electric vehicle market, newly installed CEO Jim Farley told CNBC’s Jim Cramer Thursday. Earlier that day the company announced a new all-electric van targeting business customers, as part of its $11.5 billion investment in electric vehicles through …

Wall Street is saddled with too many sellers and not enough buyers, CNBC’s Jim Cramer said after the stock market closed Thursday. “We don’t have too many bears, we have too many bulls,” the “Mad Money” host said. “When most investors are bullish, it means, well, there’s no one left …

1. Stocks set to drop as the Covid-19 vaccine-inspired rally pauses Dow futures pointed to an over 250 point decline at Thursday’s open as Wall Street worried about record spikes in new U.S. daily coronavirus cases. On Wednesday, the Dow Jones Industrial Average closed slightly lower after soaring nearly 1,100 …

Ulta Beauty CEO Mary Dillon told CNBC Wednesday that the cosmetics company hopes to leverage its loyalty plan through its partnership with Target. On Tuesday, the two unveiled a new deal to add skincare shops in select Target stores starting next year. With a combined 100 million members registered to …

CNBC’s Jim Cramer struck a cautious tone after the stock market closed Wednesday. There was mixed trading on Wall Street as the Dow Jones Industrial Average slipped while the S&P 500 and Nasdaq Composite both posted gains during the trading day. “I think this market’s being very cavalier about the …

Rocket Companies CEO Jay Farner in an appearance on CNBC on Wednesday credited the mortgage lender’s investments in technology for its record quarter it reported the day prior. The Detroit-based company, which began trading on the public market in August, posted triple-digit loan volume in the third quarter amid a …

1. U.S. stocks set to rise, even tech stocks Traders work the floor of the New York Stock Exchange. NYSE Dow and Nasdaq futures pointed to gains at Wednesday’s open, and tech stocks bounced after two rough days. The Nasdaq closed in the red again Tuesday, down nearly 3% this …

Isabelle McCalla, Caitlin Kinnunen, and the cast of “The Prom” perform during the 2019 Tony Awards at Radio City Music Hall on June 9, 2019 in New York City. Theo Wargo | Getty Images Just over a year ago, Caitlin Kinnunen was sitting in Radio City Music Hall shoulder-to-shoulder with …

Beyond Meat CEO Ethan Brown on Tuesday sought to clear the air on his company’s relationship with McDonald’s after shares tanked the day prior on news of the restaurant chain’s forthcoming plant-based line. Beyond Meat investors reacted negatively when the meatless food maker was not named as a supplier for …

On the eve of Veterans Day, Jim Cramer hosted his annual “Salute to Service” special on “Mad Money.” The CNBC personality traded in his stock commentary for a moment Tuesday to highlight public corporations that he admires for having gone above and beyond the call of duty to hire Americans …

Beyonce Brooks Kraft | Getty Images Peloton announced Tuesday a multiyear partnership with singer-songwriter Beyonce to produce exclusive content with her music for its streamed workout classes. The exercise company did not disclose the financial terms of the deal. “Beyonce and Peloton worked closely to create a series of themed …

1. Dow futures up, Nasdaq futures down as rotation out of tech continues A man wearing a mask passes the Charging Bull statue in New York’s financial district. Mark Lennihan | AP Dow futures pointed to a nearly 150 point gain at Tuesday’s open after the 30-stock average surged 834 …