The US government could hit its debt ceiling in a week. Nvidia’s earnings and outlook blew Wall Street. Problems spoil Ron DeSantis’ 2024 announcement on Twitter Spaces. A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on May 24, 2023. Brendan McDermid | Reuters Here are the … Read more
CNBC’s Jim Cramer said on Wednesday that fumbling about Washington’s debt ceiling would likely cost investors dearly. Market watchers are also weighing news of the emergence of a new variant of Covid-19 in China, Cramer said. After a sour day in Washington and Wall Street, CNBC’s Jim Cramer warned investors that lawmakers will inevitably cost … Read more
After data cloud company Snowflake’s earnings report showed declining revenue but poor guidance, CEO Frank Slootman told CNBC’s Jim Cramer that he remains optimistic about the future. Snowflake on Wednesday reported revenue of $624 million, up 48% year-over-year, comfortably beating the consensus estimate. After an earnings report that saw a beat on revenue but poor … Read more
It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he gives his answers to common caller questions at a rapid pace. See the table… Performance of RB Global shares since the beginning of the year. RB Global: “We love Ritchie Bros, we love the merger, we love the … Read more
Palo Alto Networks CEO Nikesh Arora has extolled the virtues of generative AI in cybersecurity, telling CNBC’s Jim Cramer that the technology could maximize customer satisfaction and workflow efficiency. the company. Arora said the generative AI has already been able to complete a task in four hours that would normally have taken two weeks and … Read more
UK inflation data paints a picture of the UK economy. Bloomberg/Contributor/Getty Images LONDON — UK inflation fell sharply in April as energy prices retreated and the impact of Russia’s invasion of Ukraine began to fade from the annual comparison of consumer price. Headline CPI inflation stood at 8.7% year-on-year, the Office for National Statistics said … Read more
CNBC’s Jim Cramer said Monday that Wall Street isn’t as concerned about the debt ceiling crisis as one might think. “Is it possible that the whole debt ceiling standoff is meaningless?” he asked, calling the resilience of the current market in light of Washington’s chaos bizarre. CNBC’s Jim Cramer said Monday that Wall Street is … Read more
It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he gives his answers to common caller questions at a rapid pace. See the table… Snap’s year-to-date stock performance. Snap: “They need to monetize their existing user base, but I’ll tell you something: Every stock that’s shorted right now … Read more
The Nirvana frontman’s iconic left-handed electric guitar was smashed as the grunge pioneers recorded their seminal album Nevermind in the early 1990s. Cobain, who committed suicide in 1994 aged 27, was renowned for his frenetic live performances and smashed a number of Stratocasters during his hugely influential career. GARDENA, CA – May 2, 2023: Kurt … Read more
2 hours ago Bank of America raises end-of-year target for S&P 500 Bank of America strategist Savita Subramanian raised her year-end target for the S&P 500 to 4,300 from 4,000 on Sunday night. The new target is more than 2% higher than where the index closed on Friday. Subramanian said in a note that the … Read more
