A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group of weight loss and diabetes drugs is decreasing some consumers’ appetites — and also how much they spend on food. Most people taking those medications, … Read more
We are buying 100 shares of Best Buy at roughly $75.28. Following the trade, Jim Cramer’s Charitable Trust will own 900 shares of BBY, increasing its weighting to roughly 2.15% from 1.94%. We’re making a third buy on Tuesday. Our general investing discipline is to put spare cash to work when the S & P … Read more
We are buying 300 shares of Coterra Energy at roughly $26.85 and 25 shares of Constellation Brands at roughly $255.56. Following the trades, Jim Cramer’s Charitable Trust will own 2,900 shares of CTRA, increasing its weighting to 2.5% from 2.23% and 375 shares of STZ, increasing its weighting to 3.05% from 2.85%. With the S … Read more
My top 10 things to watch Thursday, April 11 The government’s second inflation report of the week was cooler. One day after Wednesday’s hotter consumer price index sank stocks, the smaller-than-expected rise in the March producer price index reversed early weakness in the market to the upside. How could so many prognosticators be so wrong … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. U.S. stocks were higher Monday as Wall Street was trying to recover from last week’s pullback. Recently, investor concerns about the Federal Reserve’s next policy move have weighed on the … Read more
Wall Street bounced back Friday but still turned in a losing week. Questions about Federal Reserve interest rate cuts and rising geopolitical tensions dominated trade and will continue to be key themes to watch. Good jobs news — strong hiring last month with elevated but moderating wage inflation — was treated as such Friday. But … Read more
The fourth quarter was pretty darn good for our stocks. Results were mostly better than expected, and many corporate leaders forecasted more of the same. For good reason: Businesses are starting to spend again, supply chain conditions continue to improve and the consumer remains resilient. Roughly 73% of companies in the S & P 500 … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets bounce : Stocks kicked off … Read more
Spirits on display in a UK bar in Cardiff, United Kingdom. Matthew Horwood | Getty Images News | Getty Images The spirits industry held its market share edge over beer and wine for the second straight year in 2023, even as it showed little growth, according to new data released Wednesday. U.S. spirits revenue grew … Read more
It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one of the most astonishing and satisfying I have seen in 43 years of investing. In nine weeks, we blew through price targets on so many … Read more
