The weakness seen Monday in banks and cyclical stocks will be short-lived, and investors should buy them on the dip, CNBC’s Jim Cramer said. “When you look at the stocks that got hit today, I…
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Online payments company Paysafe makes SPAC debut Tuesday
London-based online payments company Paysafe is set to begin trading on U.S. public markets after merging with blank-check company Foley Trasimene Acquisition II Corp, billionaire business and sports executive Bill Foley told CNBC Monday. Foley, who…
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Market could be in trouble thanks to massive stock glut: Jim Cramer
CNBC’s Jim Cramer warned investors that the market could be in trouble in the near term as it faces a massive supply of stock and a shortage in demand from buyers. “Between the IPOs and…
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BorgWarner expects EVs to account for almost 50% of revenue by 2030
The CEO of auto supplier BorgWarner told CNBC on Friday the company hopes to have nearly 50% of its revenues be tied to electric vehicles within the next decade. Currently, less than 3% of the…
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‘Old guard’ of investors is back in charge
Investors are exhibiting optimism around the Covid vaccine rollout, CNBC’s Jim Cramer said, and it fueled a rally in U.S. stocks Friday. The Dow Jones Industrial Average added 453.40 points, or 1.4%, while the broad…
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GrowGeneration looks east with New York closer to legalizing cannabis
GrowGeneration CEO Darren Lampert told CNBC Thursday the company is focused on expanding on the East Coast as New York state inches closer to legalizing recreational marijuana. “You’ll see us entering the East Coast markets…
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RH CEO Gary Friedman confident in the retailer’s expansion plans
RH CEO Gary Friedman told CNBC on Thursday he was confident in the company’s expansion vision, even if some may question the luxury furniture retailer’s moves into the European market or new industries altogether. “It takes…
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Cramer’s investment dos and don’ts for this tricky market environment
CNBC’s Jim Cramer on Thursday laid out his dos and don’ts for investing in the current market environment. “If you accept your predicament and you follow these rules, you’ll have a chance to prosper in…
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