Business

CNBC’s Jim Cramer continues to suggest that investors should own Apple’s stock and not trade it, even as the company weathers the storm of the prolonged trade war. “You need to strap yourself to the mast if you’re gonna hold onto this one, as we’ve done for my charitable trust,” the “Mad Money” host said
0 Comments
Environmentalists protesting outside Amazon’s shareholder meeting Paayal Zaveri | CNBC Amazon‘s annual shareholder meeting on Thursday turned hostile as shareholders demanded change on a number of issues, ranging from renewable energy use to equal pay. Dozens of shareholders, including current employees, joined the meeting in Seattle, presenting their case over 12 different proposals. They included
0 Comments
CNBC’s Jim Cramer said Tuesday it appears that cannabis companies could be seeing some “meaningful differentiation.” He took a look at the chart patterns of stocks in the sector as interpreted by Tim Collins, a technician and Cramer colleague at RealMoney.com. “The charts, as interpreted by Tim Collins, suggest that GW Pharma and Village Farms
0 Comments
CNBC’s Jim Cramer revealed Monday that he has a “hard pass” on newly-public Luckin Coffee. That’s because initial public offerings of Chinese-owned companies have brought too much pain, he said. Luckin, the Beijing-based chain that wants to surpass Starbucks as the biggest coffee chain in that country, surged as much as 50% after opening at
0 Comments
Arena Pharmaceuticals Inc.: “We like Arena. We’ve liked it. I know it’s speculative. It’s O.K. for a spec, as long as you’re willing to understand that this is not Merck. “ IAC/InterActiveCorp.: “I thought that was an amazing quarter. I think that company is so inexpensive, I frankly don’t even understand it. I say it’s
0 Comments
Tradeweb Markets Inc.: “That’s a very smart company … I’ve gotta tell you it’s got these big bank stakes. They’re all behind it. It’s gonna work.” Amgen Inc.: “I don’t know. It’s got a yield. You probably want more than that.” Palo Alto Networks Inc.: “Charitable trust owns it. We’re staying in it. Buy it.”
0 Comments
Cisco CEO Chuck Robbins speaks during the opening ceremony of the 4th World Internet Conference in Wuzhen in China’s eastern Zhejiang province on December 3, 2017. – | AFP | Getty Images Cisco shares rose more than 6% Thursday after the networking company beat estimates on earnings and revenue and delivered strong revenue guidance for the
0 Comments
CNBC’s Jim Cramer said Wednesday that his “Cloud King” group of red-hot technology stocks have become go-to names when investors are concerned about an economic slowdown. That explains why Workday, Splunk, VMWare, Twilio and Adobe surged as much as 3.33% during the trading day, while the smaller cloud play in Trade Desk jumped nearly 8%, he
0 Comments
Editor’s Note: Updates have been made throughout this story to correctly report that Amazon is not shutting down Souq. Rather, the brand is still available in Saudi Arabia and Egypt. Amazon launched a new Middle East marketplace on Tuesday, two years after buying the Dubai-based e-commerce company Souq.com for $580 million. With the launch, Amazon said
0 Comments
Entergy Corp.: “Entergy’s terrific. It’s been a big winner. I think it continues to win. I like that company very much.” Novocure Ltd.: “Novocure is a good company. I don’t understand why it’s independent. I think that one of these big drug companies or device companies should just go buy it, ’cause it’s got great
0 Comments