Investors who want a lucrative investment but can’t sink their money into a $450 million Leonardo da Vinci painting should consider the stock of Intuitive Surgical, CNBC’s Jim Cramer said on Monday. “I think it’s safe to say that this is the da Vinci of stocks, and not just because they stole the guy’s name,” […]
Read moreHardly anything has made CNBC’s Jim Cramer want to reconsider his bullish thesis on discount retailer Ollie’s Bargain Outlet Holdings since he recommended it in early 2016. “Ollie’s, both the store and the stock, [is] en fuego. And it makes sense. After all, this company is an off-price retailer, and that’s the best acting portion […]
Read moreSo much for holiday spirit. Airbnb and the hotel industry are lashing out at each other, just as the travel season kicks into gear. On Monday, Airbnb’s head of public policy Josh Meltzer sent a letter to Marriott CEO Arne Sorenson, asking him to explain to Americans “your industry’s habit of taking billions of dollars […]
Read moreIt’s rare for CNBC’s Jim Cramer to see an interview that “rocks [his] whole investment world,” but David Faber’s interview with Liberty Media Chairman John Malone last week did just that. “Rarely do you come across an executive who’s so comfortable in his own skin that he can speak his mind about so many different […]
Read moreCNBC’s Jim Cramer always pays attention to this week, the week where major Wall Street investors “anoint” and buy the stock market’s best performers going into the end of the year. “So how does a stock qualify to become anointed? Well, first, they need to be having a great year,” the “Mad Money” host said. […]
Read moreAsia markets were set to open higher, following gains in U.S. equities overnight amid strong economic data. Australia’s SPI futures traded at 5,983, a touch above the ASX 200’s previous close at 5,945.67. Nikkei futures in Chicago traded at 22,460, while Osaka futures were at 22,480. They indicated a higher open for the Japanese benchmark […]
Read moreUber was hit with an $8.9 million fine by Colorado’s public utilities commission Monday, after regulators found that dozens of drivers were operating there despite often egregious criminal histories. In a press release detailing the fine, Colorado officials said that 57 Uber drivers over the past year and a half were on the job despite […]
Read moreSeveral women are alleging journalist Charlie Rose sexually harassed them, according to report in The Washington Post. The Washington Post said eight women claimed Rose, who hosts the PBS interview program “Charlie Rose” as well as “CBS This Morning,” made sexual advances towards them between the late 1990s to 2011. The women were between 21 […]
Read moreNext year will likely bring lower returns and perhaps a “pause” for the stock market, longtime bull Jeremy Siegel told CNBC on Monday. In fact, he believes the market is “clearly near to a top.” “We have one more push and I think it’s connected with the corporate tax reform,” the Wharton School finance professor […]
Read moreStart-up co-founder Brogan BamBrogan has an unusual stance on the futuristic technology he’s building — he really wants to work with regulators. “We absolutely want to be safe,” BamBrogan told CNBC’s “Squawk Alley” on Monday. “We love regulation, we just want the right regulations.” BamBrogan is the co-founder of Arrivo, which has agreed to build […]
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