Adani Enterprises tick up while group affiliates continue plunge Shares of Adani Enterprises rose 10% after seeing sharp-losses in the previous sessions as its Chief Financial Officer voiced confidence in its follow-on public offering that is slated to close on Jan. 31. The stock is is still down more than …
Read More »Charts suggest investors should bet on ‘work horses’ in the Dow Jones Industrial Average, Jim Cramer says
CNBC’s Jim Cramer on Friday told investors to steer clear of stocks in the Nasdaq Composite and instead place their bets on names listed in the Dow Jones Industrial Average. “Even though tech has started the new year strong, and it was crazy good today, the charts, as interpreted by …
Read More »Southwest Airlines (LUV) earnings Q4 2022
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Southwest Airlines said Thursday it expects its holiday meltdown to continue to weigh on its bottom …
Read More »Jim Cramer picks his standout stocks in 4 bull market industries
CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way through earnings season, we can start identifying the winners and losers,” he said, adding, “We have some legitimate, sizable bull markets …
Read More »Asian Markets Swing As Traders Weigh Growth Outlook
Oil prices edged up as traders weigh the possibility of a recession against the outlook for demand from China Michael HEIMAN Text size Asian markets fluctuated Wednesday as traders in several countries returned from the Lunar New Year break to a soft lead out of Wall Street with recession fears …
Read More »Jim Cramer says to consider an analyst’s call timeframe when investing
CNBC’s Jim Cramer on Tuesday reminded investors to pay close attention to the scope of an analyst’s calls. “In the crazy world of Wall Street, it’s not enough to think about the company or the sector or the asset class or the macro, including the [Federal Reserve] — you also …
Read More »The U.S. is massively underperforming global markets
A trader works on the trading floor at the New York Stock Exchange (NYSE), January 5, 2023. Andrew Kelly | Reuters U.S. stocks have fallen far short of their global peers over the past three months, a rarity in recent years, and analysts expect this divergence to widen over the …
Read More »Asian Markets Track Wall St Rally
Japanese stocks led gains across Asia, jumping for a third straight day Kazuhiro NOGI Text size Tokyo led gains across Asian markets again Tuesday in another day thinned by the Lunar New Year break, with sentiment boosted once more by a surge on Wall Street. Tech firms provided the support …
Read More »Australia PMI, Japan Jibun Flash PMI, Lunar New Year holidays
Fed likely to discuss next week when to halt hikes, Journal report says Federal Reserve officials next week are almost certain to approve another deceleration in interest rate hikes while also discussing when to stop the increases altogether, according to a Wall Street Journal report. The rate-setting Federal Open Market …
Read More »Why investors should ignore crypto and stick with gold
CNBC’s Jim Cramer on Monday warned investors to stay away from crypto despite bitcoin‘s recent gains and instead look to gold. “The charts, as interpreted by Carley Garner, suggest you need to ignore the crypto cheerleaders now that bitcoin’s bouncing. And if you seriously want a real hedge against inflation …
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