Investing News

CNBC’s Jim Cramer was immediately intrigued when shares of Masco, a home supply manufacturer, managed to surge more than 7 percent after the company’s disappointing earnings report on Tuesday. Most news headlines painted Masco’s quarter as weak, pressured by a slowing housing sector, rising raw costs, a hawkish Federal Reserve, higher tariffs and a muted
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Sometimes, CNBC’s Jim Cramer wishes FANG, the acronym he uses to talk about the stocks of Facebook, Amazon, Netflix and Google, now Alphabet, had never been created. “I never thought I’d say this, but I rue the day we created this silly thing,” the “Mad Money” host said one day after Facebook’s third-quarter earnings report.
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The stock market is “not out of the woods” despite Tuesday’s positive trading session, CNBC’s Jim Cramer and technician Bob Lang warned investors as stocks pared their monthly losses. Lang, the founder of ExplosiveOptions.net, author of “Know Your Options” and part of the Trifecta Stocks newsletter team at TheStreet.com, said that the charts of several
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In this strange moment for stocks, investors should hope to see bad news about the economy, CNBC’s Jim Cramer said Tuesday after the major averages traded sharply higher following weaker-than-expected economic data. “Bizarrely enough, the best thing for this market would be getting some disappointing news from the non-farm payroll report on Friday,” Cramer said.
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Jeffrey Katzenberg is drawing inspiration from Dan Brown’s “The Da Vinci Code” as he puts together his new short-form video company, Quibi. Speaking alongside Quibi CEO Meg Whitman on Tuesday at Axios’ Smarter Faster Revolution event, Katzenberg said that after reading Brown’s mystery thriller, a light bulb went off in his mind about media consumption.
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CNBC’s Jim Cramer said Tuesday it almost seems like Jerome Powell is being aggressive on his path to raise interest rates because the Federal Reserve chair wants throw a wrench in President Donald Trump‘s agenda. “Maybe he wants Trump to lose,” Cramer argued on “Squawk on the Street,” questioning Powell’s motives. The Fed declined to
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At first blush, Berkshire Hathaway’s recent early-stage fintech investments may seem out of place. But they do fit with Warren Buffett‘s longtime strategy of making multiple bets across an entire industry. Buffett’s conglomerate, which typically takes stakes in blue chip American companies, recently invested about $600 million in two fintech companies focused on emerging markets
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FANG is getting shredded this month. Facebook, Amazon, Netflix and Google parent Alphabet are down double digits in October, getting burned by a market turn toward defensive stocks over high-growth and high-momentum tech names. One technician says one of those stocks could stanch its bleeding. “Amazon is just in an astronomic climb well contained in
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A photograph of the son of slain Saudi journalist Jamal Khashoggi shaking hands with Saudi Arabia’s Crown Prince Mohammed bin Salman was released earlier this week. The image was difficult for many in the international community to process given the Saudis’ shifting narrative on the killing and the fact the son, Salah Khashoggi, had been
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