As major retailers start to report earnings this season, CNBC’s Jim Cramer suggested why some companies managed to draw in shoppers in a changeable and sometimes oblique consumer environment. To him, outfits like Walmart, Target, TJX and Costco have fared well because they have low prices, attracting consumers tired of inflation and more selective about … Read more
Health-care marketplace Sesame on Wednesday announced a new clinical weight loss program that will help eligible consumers access compounded versions of Novo Nordisk‘s blockbuster obesity drug Wegovy for $249 per month. Sesame allows patients to book and pay for appointments with doctors and specialists directly through its website, so it cuts out middlemen such as … Read more
Following cooler-than-expected producer price data Tuesday morning, the market’s 50/50 odds between a quarter-point Federal Reserve interest rate cut in September and a half-point cut tilted further toward the bigger move. That sparked a big rally in stocks, with the Nasdaq leading the way higher and jumping more than 2% in afternoon trading. Here are … Read more
CNBC’s Jim Cramer on Monday said a variety of companies, to their detriment, won’t admit they’re hurting due to certain ongoing economic trends. “If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?” he asked. “If they’d just … 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. Stocks climb back: The bounceback rally on Tuesday accelerated in afternoon trading, with the S & P 500 and tech-heavy Nasdaq climbing around 2%. The Dow … Read more
CNBC’s Jim Cramer on Tuesday discussed consumer behavior, saying many are fed up with high prices of certain companies’ products and services, such as those in the airline or retail business. “Consumers at last are finally saying no. They are pushing back on high prices, they are demanding bargains,” he said. “This rebellion is how … Read more
The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions. However, investors and their portfolios can hold up in the tumult – if they’re able to ignore the short-term noise and choose stocks with attractive return prospects over the long term. In this … Read more
We’ve got our July Monthly Meeting this Wednesday and are preparing an exciting update of something we talked about at our annual gathering back in February . Join us live at noon ET. In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, … Read more
We finally got the consumer price index we were looking for, with both the June headline and core readings coming in slightly lower than expectations. The CPI bolstered the case for the Federal Reserve to start cutting interest rates. It also gave investors the green light to rotate out of this year’s tech winners and … Read more
My top 10 things to watch Thursday, July 11 The S & P 500 and Nasdaq , both on seven-session winning streaks, were looking lower after more records. The June consumer price index year over year came in around its lowest inflation level in more than three years. Stock futures were initially higher on the … Read more
