Target’s surprisingly positive preannouncement may have lifted retail stocks as investors wondered if their fears about the sector were overblown, but Jim Cramer remained skeptical. “While Target’s news flash is certainly good for Target and for its long-suffering shareholders, it’s not necessarily good enough yet to ignite a sustainable rally in the group – and […]
Read moreResearchers at Alphabet subsidiary Google have taught software to create great-looking photos out of panoramas that you can look at in Google Street View. An academic paper published on Wednesday documents the Creatism system, which is just the latest fascinating thing Alphabet is doing with artificial intelligence — alongside Facebook, Google and other tech companies. […]
Read moreAfter the stock of Alder BioPharmaceuticals fell off a cliff, plummeting to just over $12 on Thursday from its $55 peak two years ago, Jim Cramer had to find out what went wrong. The decline was only accelerated on Wednesday when the small-capitalization company announced a huge secondary offering and the stock lost almost 20 […]
Read moreNBC’s “The Office” may have been a big hit, but Jim Cramer sees offices today undergoing a style reformation, ditching their shabby cubicles for new-age moving walls and standing desks. That is why the “Mad Money” host decided to compare two of the biggest players in the office furniture space, Herman Miller and Steelcase, to […]
Read moreOn occasion, stock market rallies can be reaffirmed when buyers turn to downtrodden sectors for trades or investments, and Jim Cramer witnessed that on Thursday. “You can always tell you have a decent market when, after a big run, investors take a breather from buying the stocks people love and instead decide to scrutinize and […]
Read moreWhen cryptocurrency investors talk of influential work in the space, they often point to an August 2016 blog post titled “Fat Protocols,” written by an analyst at Union Square Ventures. That analyst, Joel Monegro, is now getting out of the traditional venture world to invest solely in crypto assets. Monegro recently left Union Square to […]
Read moreI know it’s fun to speculate on the various CEO candidates who might take over at Uber. And that’s what many in the media have been doing since its leader Travis Kalanick was jettisoned in a shareholder pique last month, often quite breathlessly. And more often inaccurately. So I checked, since someone had to. Will […]
Read moreInternet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said. An IPO will test investor’s reception to Roku, the brainchild of digital video recorder (DVR) inventor Anthony Wood […]
Read moreGetting the parties in the Qatar dispute to take directly to one another would be an important next step in resolving the crisis, the U.S. State Department said on Thursday after Secretary of State Rex Tillerson ended three days of talks in Gulf Arab countries. “Based on his meetings, the secretary believes that getting the […]
Read moreUber may be navigating a series of missteps, but don’t expect the leaders of its biggest competitor to rejoice in the company’s struggles. “There’s nothing to celebrate in this situation,” Lyft co-founder and president John Zimmer tells The New York Times. “But it does shine a light on the importance of values and ethics.” Zimmer, […]
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