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
There are 3 minutes Stocks make the biggest moves after hours Find out which businesses are making headlines after hours. Nvidia – Nvidia shares jumped 19% in extended trading. The chipmaker gave a stronger-than-expected revenue guidance for the fiscal second quarter, while also reporting beats on top and bottom results in its fiscal first quarter. … 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
Construction workers build a Toll Brothers house in Boca Raton, Florida. Joe Raedle | Getty Images Find out which companies are making headlines in extended trading. Palo Alto Networks – Shares gained 3.5% after the company’s fiscal third-quarter earnings and revenue beat estimates. The cybersecurity company posted adjusted earnings of $1.10 per share and revenue … Read more
Yelp Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York City. Michael Nagle | Bloomberg | Getty Images Find out which companies are making headlines in the midday business. Yelp – Shares of the online review firm jumped more than 9% after activist investor … Read more
Cars are parked outside a Dick’s Sporting Goods store in Monroe Marketplace, Pennsylvania. Paul Tisserand | SOPA Pictures | Light flare | Getty Images Check out the companies making headlines before the bell: Yelp – Yelp shares jumped 11.4% in premarket trading. Activist investor TCS Capital Management has confirmed it has acquired a stake of … 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
