Chubb CEO Evan Greenberg told CNBC’s Jim Cramer on Thursday that climate change is one factor that’s driving the price of insurance. “Climate change has created tremendous volatility, and it continues to evolve,” Greenberg said. “And the concentrations of values in areas where, where the climate – the impact of the climate – is greatest … Read more
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of GameStop shot to session highs Thursday after meme stock leader Roaring Kitty scheduled a livestream on Youtube, which would be his first one in almost four years. Roaring Kitty, whose real name is Keith Gill, set the time for his live chat at … Read more
CNBC’s Jim Cramer on Wednesday explained to investors how Nvidia can sometimes boost other stocks when it soars. “Take a look at today’s biggest gainers,” he said. “They’re just spinning pins, scattered this way and that because Nvidia speed ball went right down the middle.” Nvidia led the pack on Wednesday as the S&P 500 … Read more
Barry Sternlicht, chairman and CEO of Starwood Capital Group, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, on May 7, 2024. David Swanson | Reuters Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from his … 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 Wednesday’s key moments. The S & P 500 climbed Wednesday after a second round of weak jobs data pushed bond yields lower and gave the market hope for Federal Reserve interest rate cuts … Read more
Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial $56 billion pay package. The Baron Capital chairman and CEO said Musk’s compensation contract in 2018 included “aggressive” performance metrics that few believed could be … Read more
CNBC’s Jim Cramer reviewed Tuesday’s market action, suggesting to investors the moves might make for a precursor to rate cuts. “You get a day like today, it’s a work in progress toward a rate cut, hence why we rebounded in the late afternoon,” he said. “We have days like today that are good setups for … Read more
AstraZeneca CEO Pascal Soriot explained in a Tuesday interview with CNBC’s Jim Cramer why the drugmaker believes it can almost double revenue by 2030. “Biology is complicated, and we’re never sure of anything. But we have a great level of confidence we can get there, and I think this target forces us to think creatively … Read more
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill’s net worth is over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot … Read more
Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images European markets were lower Tuesday, as positive momentum over the past few days falters. The pan-European Stoxx 600 was down 0.35% by 3:45 p.m. London time, with all … Read more
