PVH Corp

Good news is good news for the market. Palo Alto Networks may be a buy

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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.) Good news is good news: The … Read more

The 3 things we are most focused on in the stock market this week

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The S & P 500 and the Dow Jones Industrial Average pressed higher this holiday-shortened week, as the Nasdaq Composite pulled back slightly — the action that shows a broadening out of demand for stocks outside of the mega-caps with exposure to the generative AI mania. It also likely reflects some end-of-quarter rebalancing activity as … Read more

Nonfarm payroll data and Disney’s proxy fight

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CNBC’s Jim Cramer on Thursday guided investors through next week’s Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney’s annual shareholder meeting, where its long and arduous proxy fight will come to a head. “In my view, the market’s now well-prepared for a hot employment number, so if the labor … Read more

Air freight soars as Red Sea vessel risks make more shippers nervous

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HANGZHOU, CHINA – APRIL 6, 2023 – A Cargo plane of Maersk AIR Cargo is seen at Hangzhou Xiaoshan International Airport in Hangzhou, Zhejiang province, China, April 6, 2023. On November 4, 2023, the international shipping industry giant Maersk’s revenue in the third quarter of 2023 was 12.13 billion US dollars, down 46.73% year-on-year; Net … Read more

Wolverine World Wide sells Sperry to Authentic Brands Group

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Sperry Top-Sider Bill fish Tan and Beige. Mayra Beltran | Houston Chronicle | Getty Images Wolverine World Wide has sold Sperry to brand management firm Authentic Brands Group and Canadian retailer the Aldo Group, the company announced Thursday. The deal will generate $130 million, which Wolverine plans to use to pay down debt, it said. … Read more

Fed-induced rally is unsustainable, especially for 5 sectors

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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