The worst intra-day market reversal in nearly a year might’ve spooked investors, but CNBC’s Jim Cramer argued that the market still has a major driver in its metaphorical back pocket. “I’m talking about the ongoing stock shortage,” the “Mad Money” host said. “The shortage is so real, so palpable, that I think it could become […]
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As the bank- and health-care-led market rally pushed the Dow Jones industrial average above the 26,000 level for the first time ever, CNBC’s Jim Cramer wanted to check in with tech. “You always need to be thinking about when it might be time to do a little register-ringing,” the “Mad Money” host said. “I don’t […]
Read moreWall Street closed lower and digital currencies plunged ahead of Asia’s Wednesday trading day. U.S. stock indexes closed in negative territory despite trading at record highs earlier in the session. The Dow Jones industrial average cracked the 26,000 barrier on Tuesday, but later reversed gains to finish the session lower by 0.04 percent, or 10.33 […]
Read moreYouTube is going to make it harder for small video makers to make money. The world’s largest video site will kick thousands of people out of its ad revenue-sharing program, and will make it much harder for new ones to get into the program. The change, which goes into effect today, is one of YouTube’s […]
Read moreOf all the major conferences that kicked off 2018 — from the ICR confab to the tech-laden CES — the J.P. Morgan Healthcare Conference was the most important for CNBC’s Jim Cramer. “This meeting tends to make major waves in the health care stocks,” the “Mad Money” host said. “The problem is the announcements from […]
Read moreEven after Tuesday’s massive stock market reversal — the biggest in roughly 10 months — CNBC’s Jim Cramer maintained that he liked the market. But the “Mad Money” host acknowledged that there are “rules of engagement for dealing with a bull market that’s in beast mode,” so he wanted to highlight those for investors. Cramer’s […]
Read moreAmplify ETFs CEO Christian Magoon thinks investing in blockchain now will bring returns as big as those from today’s FAANG companies. He’s so confident about the transformative power of the technology, that most of the holdings in Amplify’s blockchain ETF aren’t really blockchain companies at all. “We think the blockchain technology is going the transform […]
Read moreIn the hours after a video came to light of Uber founder Travis Kalanick arguing with an Uber driver over low fares, Kalanick and a few other executives broached the idea of apologizing and buying the driver’s cars to make it up to him. In the now-infamous February 2017 video, the driver, Fawzi Kamel, complained […]
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Ever ordered a coffee from your phone and had to wait in line to pick it up? Dunkin’ Donuts is hoping to solve that problem. The company’s newest location in Quincy, Massachusetts, contains a dedicated space for mobile pickup orders and features its first-ever drive-thru exclusively for those that ordered ahead using the DD Perks […]
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Digital currency ethereum plunged 30 percent Tuesday, to below $1,000, amid a massive sell-off in major digital currencies. Ethereum traded on Coinbase near $901, or 31 percent lower over the last 24 hours as of 5:06 p.m. ET. Coinbase is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash. The declines followed […]
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