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 »Boeing CEO dismisses idea that company will turn to a massive stock sale to knock down debt
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 …
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 »Morgan Stanley’s third Space Summit event: Investing takeaways
SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as …
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