Even the company dubbed “the Netflix of China” can’t change CNBC’s Jim Cramer’s opinion on Chinese IPOs. “In the midst of the trade tensions with the People’s Republic, China-based companies keep coming public here and their stocks have been roaring,” the “Mad Money” host said Thursday. “Many of these names, though, [are of] dubious quality.” […]
Read moreEven the company dubbed “the Netflix of China” can’t change CNBC’s Jim Cramer’s opinion on Chinese IPOs. “In the midst of the trade tensions with the People’s Republic, China-based companies keep coming public here and their stocks have been roaring,” the “Mad Money” host said Thursday. “Many of these names, though, [are of] dubious quality.” […]
Read moreWith U.S. investors laser-focused on the White House’s tit-for-tat trade dispute with Beijing, CNBC’s Jim Cramer wanted to hone in on four stocks in the market that are most resilient to trade tensions. The lucky few? The members of FANG, the “Mad Money” host’s acronym for the stocks of Facebook, Amazon, Netflix and Google, now […]
Read moreNetflix shares have been on fire this year, up 107 percent. As the company gears up to report earnings in a little more than a week, one trader is betting the rally could continue. Todd Gordon, founder of TradingAnalysis.com, noted that Netflix shares are in a “very nice uptrend” ahead of its report on July […]
Read moreBitcoin fell 3 percent Thursday afternoon along with other cryptocurrencies. As of 3:14 p.m. ET, bitcoin was at $6,467.01, according to CoinBase. Last week, the largest cryptocurrency fell as low as $5,799.62, its lowest since mid-November. There hasn’t been any one catalyst to trigger a sudden sell-off in bitcoin, though digital currency-trading security breaches and […]
Read morePresident Donald Trump has vowed that “trade wars are good and easy to win.” But as the U.S. on Friday made good on threats to impose steep trade tariffs on China, it was hard to identify any beneficiaries. And because Trump has spurned long-standing rules that call for trade disputes to be handled by the […]
Read moreAs a mother with three young children living away from family in Westport, Connecticut, Elizabeth Aronson always relied heavily on babysitters. She said she had tried many services and had mixed luck before a fellow mom recommended Bambino, an app that connects families and babysitters based on a social network of recommendations. “I found sitters […]
Read moreReddit, the controversy-laden social media company, has emerged into such a popular place for discussions on gaming, politics, pornography and celebrity gossip that it’s become one of the five most trafficked U.S. web sites But unlike the other top sites like Google, Facebook and Amazon, Reddit has a diminutive business limited primarily to banner ads […]
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Tesla seems to be able to weather negative headline after negative headline without any substantial decline because there are no “real sellers,” CNBC’s Jim Cramer said Thursday. While the stock was under pressure Thursday after Tuesday’s 7 percent decline, Tesla has gained more than 200 percent in the past five years. The longs, or those […]
Read moreAmerica’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying. A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record […]
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