The market isn’t moving on the turmoil from President Donald Trump‘s comments about the deadly violence in Charlottesville. Virginia, because it “divorced” him, CNBC’s Jim Cramer said Wednesday. “The market is completely divorced from whatever is going on,” Cramer said on “Squawk on the Street.” “Because I think the market just says, ‘Listen, we’re not […]
Read moreThe “Fast Money” traders shared their moves for the first hours of the trading day. Pete Najarian was a buyer of Boeing. Brian Kelly was a buyer of TJX Companies. Dan Nathan was a seller of Wal-Mart. Guy Adami was a buyer of Las Vegas Sands. Trader disclosure: On August 15, 2017, the following stocks […]
Read moreOne might say that Scientific Games shareholders have hit the jackpot. Out of all the stocks in the broad S&P 1500 index with more than $2 billion in market capitalization, the best performer this year is Scientific Games. A provider of technologies and services for casinos, lotteries and digital games, the company has seen its […]
Read moreAtlanta Fed President Raphael Bostic said Wednesday the Great Recession caused people to distrust long-term investments. “There is a psychology going on here, where the Great Recession was so deep and it scarred people so significantly that they are reluctant to trust in long-term investments,” Bostic said in a wide-ranging interview on CNBC’s “Squawk Box.” […]
Read moreCheck out which companies are making headlines before the bell: Target – The retailer reported adjusted quarterly profit of $1.23 per share, four cents a share above estimates. Target also beat forecasts on the top line, in its second quarter comparable sales, and in its third-quarter and full-year outlook. Target saw increased customer traffic in […]
Read moreYelp has announced a $287.5 million deal with GrubHub to sell its food-ordering business to Seamless’ parent company, and Jim Cramer sees heaps of potential in the pairing. “To me, it seems like a match made in heaven,” the “Mad Money” host said. “In fact, the only thing I don’t understand is why the two […]
Read moreFantasy football season is upon us, and if you think the sport fan craze is a total waste of time, Jim Cramer has some news for you. “You’re dead wrong,” the “Mad Money” host said. “The lessons and discipline of the typical fantasy league are incredibly useful when you’re picking stocks.” At his old hedge […]
Read moreIt’s been another ugly day for “Big Energy,” with 52-week lows again for everything across the board, including big oil like Exxon Mobil; oil service names like Schlumberger and Halliburton; exploration and production names like Hess, Apache, Anadarko and Noble Energy; and drillers like Ensco, Transocean, Rowan and Nabors. What’s going on? Another epic miss […]
Read moreThe CBOE volatility index, widely regarded as Wall Street’s “fear gauge” that measures implied market volatility, has traded in a narrow range this year, at one point hitting its lowest level on record. But all that’s about to change, one market strategist forecast in a note to clients on Tuesday. “We experienced a tremor last […]
Read moreHome Depot is down more than 3 percent despite a stellar earnings report that posted its highest quarterly sales in the company’s history. What’s going on? Simply put, continuing fears of the “Amazonification” of retail is hitting the sector hard today, and Home Depot—long considered immune from the Amazon effect—is getting swept up in the […]
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