In a Thursday interview with CNBC’s Jim Cramer, Viking Holdings CEO Torstein Hagen said his cruise line’s target audience — people 55 and over — has served the company well. “Of course, it’s great to take your grandkids…on the big ship,” Hagen said. “Our guests are people who are tired of all that. They’re tired … Read more
CNBC’s Jim Cramer reviewed reason’s for Thursday’s market pullback, saying there may be some time before Wall Street sees another rally. “The market’s still too overbought, and we got too hopeful and now reality, with its positives that get rewarded, still, and its negatives that are punished, has set in,” he said. “So the time … 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. Markets drop: Wall Street struggled to hold onto its early gains and moved lower. We’re not surprised to see the market take a breather after its … Read more
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
Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are looking for bigger and better bargains. Starting in 2025, “the retail business has big shoes to fill from [Amazon Web Services],” research firm MoffettNathanson wrote in a Wednesday note to investors. The … Read more
CNBC’s Jim Cramer reviewed Tuesday’s pullback, saying the market was due for some declines, and investors are perhaps interpreting companies’ quarters with more scrutiny than they had during the preceding eight-day rally. “We’re getting back to reality, where good is good and bad is bad and never the twain shall meet,” he said. “In short, … Read more
On the 20th anniversary of Google‘s market debut, CNBC’s Jim Cramer looked back on the stock’s impressive climb and advised investors to stick with good companies for the long term, even if it means shouldering some short term losses. He first addressed Monday’s Wall Street action, noting the market’s eight-day winning streak. These kinds of … Read more
After Palo Alto Networks reported an earnings beat on Monday, CEO Nikesh Arora told CNBC’s Jim Cramer about his company’s “platformization” strategy, saying it’s important for the cybersecurity outfit’s long-term success. “It doesn’t matter whose platform you buy, you can’t go back. You can’t go back to point solutions and start stitching them. It’s like, … Read more
After two rough quarters, Palo Alto Networks on Monday evening delivered the type of earnings report we expect from one of the best cybersecurity companies in the world. The stock rose another 2% in after-hours trading. Revenue during Palo Alto’s fiscal 2024 fourth quarter increased 12% year over year to $2.19 billion, beating the consensus … Read more
One thing you hate is when a shibboleth that’s meant to exert and exact discipline actually loses you money. That’s how I have been feeling about the idea that giving up on value is a sin. Since the late ’80s, I have held that if you think that a company, or its brand, is valuable, … Read more
