Why Dell is a buy on the dip: Jim Cramer explains

Why Dell is a buy on the dip: Jim Cramer explains

After shares of Dell took a hit last week and continued to sink during Monday’s session, CNBC’s Jim Cramer told investors why he thinks the stock is a good buy at its current price level. “The main problem is that Dell failed to live up to irrationally high expectations, the expectations that fueled the stock’s … Read more

‘Roaring Kitty’ post seems to show trader held onto giant GameStop stake after Monday’s rally

‘Roaring Kitty’ post seems to show trader held onto giant GameStop stake after Monday’s rally

Keith Gill, known on Reddit under the pseudonym DeepF——-Value and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of GameStop logo. Pavlo Gonchar | Lightrocket | Getty Images Meme stock leader Keith Gill, who’s behind GameStop‘s recent roller-coaster ride, appeared to hold onto his … Read more

E-Trade is debating whether to ban meme stock star Keith Gill from its platform, the WSJ reports

E-Trade is debating whether to ban meme stock star Keith Gill from its platform, the WSJ reports

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images E-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a big position in GameStop — from the trading platform over concerns regarding potential market manipulation, the Wall Street Journal reported Monday. The brokerage, owned by … Read more

GameStop jumps as ‘Roaring Kitty’ trader posts giant $116 million stock position

GameStop jumps as ‘Roaring Kitty’ trader posts giant 6 million stock position

Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021’s epic short squeeze, could currently have a huge position in the video game retailer. Gill, who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot of what could be his portfolio holding … Read more

Saudi Aramco begins massive share sale to raise around $12 billion

Saudi Aramco begins massive share sale to raise around  billion

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada.  Artur Widak | Nurphoto | Getty Images Saudi state oil giant Aramco commenced its … Read more

Italy braces for record wave of tourists, but is having trouble handling them

Italy braces for record wave of tourists, but is having trouble handling them

Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Venice collected €37 million in overnight tourist taxes in 2023, with hotels charging guests anywhere between €1 and €5.  Nathan Laine | Bloomberg | Getty Images Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside … Read more

Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck … Read more

Cramer says to buy Costco after the stock’s post-earnings dip

Cramer says to buy Costco after the stock’s post-earnings dip

CNBC’s Jim Cramer on Friday told investors it’s a good idea to buy Costco, whose earnings on Thursday beat Wall Street’s expectations but the stock still slipped in extended trading. “So let it come in, but, as I tell investing club members, remember to buy some if you don’t own it already,” he said. “And … Read more

Labor report and GitLab, CrowdStrike earnings: Cramer’s week ahead

Labor report and GitLab, CrowdStrike earnings: Cramer’s week ahead

CNBC’s Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike. “To those of you who want the Fed to cut so badly that you’re staying on the sidelines until they do,” he said, “you’d better hope we … Read more

How East West Bancorp has gained an edge by serving the Asian American community

How East West Bancorp has gained an edge by serving the Asian American community

Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. East West Bancorp shares have eked out a small gain in 2024, up 2%. That’s a paltry advance when compared with the S&P 500, which is up 10%, but impressive … Read more