Silly as it may sound, “thinking like a millennial” can give investors an edge on upside surprises and takeovers in the market, CNBC’s Jim Cramer said on Wednesday. “By sheer numbers, if you don’t focus on their buying patterns, you’re going to miss what’s happening with a huge chunk of the consumer economy,” the “Mad […]
Read moreAlexa will soon be going to work. While Amazon has been busy announcing new cloud services for developers this week at its annual re:Invent conference, the company is preparing to talk about new tools that will make it easier for people to use Amazon’s Alexa voice-activated virtual assistant in the workplace, four sources have told […]
Read moreAs shares of newly public e-retailer Stitch Fix climbed on Wednesday, CNBC’s Jim Cramer backtracked to its quiet initial public offering to see if the fresh-faced stock was worth buying. “Here’s a company that occupies a very interesting niche: Stitch Fix provides monthly curated shipments of apparel, shoes and accessories to their customers — called […]
Read moreEven though PVH Chairman and CEO Manny Chirico told CNBC he was “disappointed” by the GOP tax bill, he couldn’t be dismayed by the momentum behind this holiday shopping season. “It’s the strongest holiday season so far that I’ve seen in the last four years, especially here in North America,” Chirico told “Mad Money” host […]
Read moreCNBC’s Jim Cramer will forever remain a fan of diversification, which he calls “the only free lunch” in the business of investing, because of days like Wednesday. “Days like this one show you why I find it so worrisome that stocks within the same sector often trade in tandem, in unison. We just don’t know […]
Read moreCompanies are often ready to pay top dollar for the best and the brightest employees. But what happens when a talented candidate isn’t a fit with a company’s culture? The best way forward is to say no to them — even if those decisions are extremely difficult to make, according to the co-founder of Southeast […]
Read moreThe rotation out of tech stocks on Wednesday isn’t necessarily the start of a trend yet, but investors need to be cautious, two experts warned. The Nasdaq dropped 1.3 percent on Wednesday, while the Dow Jones industrial average closed at an all-time high. Shares of Facebook, Netflix and Alphabet all fell. Financials, on the other […]
Read moreNokia is in talks to buy Juniper Networks, sources told CNBC, a technology deal that would marry a multibillion-dollar networking company with Nokia’s infrastructure resources. The offer would value Juniper at around $16 billion, one of the sources said, above its market capitalization of around $11.12 billion at Wednesday’s close. Shares of Juniper rose more […]
Read moreFacebook CEO Mark Zuckerberg said the company will stop levying fees on donations to charitable organizations made via its service, though fees on some personal fundraisers will remain. “Now 100 percent of the money people donate on Facebook is going to go to the causes they care about,” Zuckerberg said at the company’s Social Good […]
Read moreUber’s top lawyer on Wednesday denied an allegation by an ex-employee that the company deliberately used secret messaging systems in an effort to hide the theft of trade secrets — and that the allegation was part of an effort to extort money from Uber. Angela Padilla, deputy general counsel at the company, said in court […]
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