CNBC’s Jim Cramer thinks the consumer is still underappreciated in this stock market despite strong data from the retailers’ fourth quarters. “While the new tax regime will be very favorable for the retailers and restaurants, it’s a one-time change; a year from now we’ll anniversary the new numbers and that will be that. What matters […]
Read moreTwenty-First Century Fox: “I think it’s fine. I think the stub is going to be worth a lot. I do absolutely prefer Disney. Why not go buy Disney? That’s the better [option].” Chimera Investment Corp.: “You can never even tell what they own. And I’m not going to recommend the stock of a company where […]
Read moreStock indexes in Asia on Thursday bounced back from declines in the last session, tracking substantial overnight gains on Wall Street. Investors also awaited a raft of China data, as well as interest rate decisions from South Korea’s and Indonesia’s central banks due later in the day. Tokyo’s benchmark Nikkei 225 index rose 0.73 percent […]
Read moreEnergy guru Charif Souki, the chairman and co-founder of Tellurian, told CNBC on Wednesday that the natural gas industry is going to need a major fund infusion to keep drilling. “We have so much natural gas in this country,” Souki told “Mad Money” host Jim Cramer. “Just the amount of gas that is already behind […]
Read moreCNBC’s Jim Cramer firmly believes that the financial stocks are the most important leadership group in the market, so he wanted to check in with some of its biggest players after earnings. When Cramer told viewers what to look for from the banks’ earnings reports last week, he anticipated the hefty, one-time charges many of […]
Read moreWhile CNBC’s Jim Cramer would be happy to talk about the tax benefits and windfall of bonuses that came from Washington’s new tax law, he’d rather talk about Apple. “Apple, using some of the gigantic $252 billion cash hoard that it has overseas, announced [Wednesday] what I think is a modern-day Marshall Plan for the […]
Read moreApple continued a blitz of investment announcements on Wednesday with a stock-based compensation award for some employees. The iPhone maker will grant $2,500 in restricted stock units over the coming months. Restricted stock units are valued in company stock, but vest over time. Apple’s stock hit an all-time intraday high of $179.39 a share on […]
Read moreThe idea that shoppers won’t buy their clothes online has been more than proven to be a myth. And with growth in the clothing category slower than the overall retail sector, those retailers need to fight for every sale on every platform. Industry experts recommend a strategy that provides customized products and personalized services both […]
Read moreAs the amount of money that Chinese app users spend continues to swell at a break-neck pace, Google is missing out on a growing chunk of potential revenue because its Google Play app store is barred from that market, new data from App Annie shows. Chinese consumers spent nearly $35 billion on apps in 2017, […]
Read moreMicrosoft shares just broke the $90 barrier for the first time. The company now has a market capitalization around $700 billion. Investors and the press have been quick to praise CEO Satya Nadella. And he deserves it. Nadella has abandoned Microsoft’s ill-timed smartphone foray, stepped on the gas in cloud, and helped refresh the company […]
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