Cramer’s Lighting Round: Dominion Energy is a buy

Cramer’s Lighting Round: Dominion Energy is a buy

Stock Chart IconStock chart icon Dominion Energy’s year-to-date stock performance. Stock Chart IconStock chart icon Dutch Bros’ year-to-date stock performance. Dutch Bros: “I like Dutch Bros, I’m glad that they slowed their expansion…” Stock Chart IconStock chart icon Super Micro Computer’s year-to-date stock performance. Stock Chart IconStock chart icon LyondellBasell’s year-to-date stock performance. Jim Cramer’s […]

Boeing’s defense unit chief Colbert is departing, CEO says

Boeing’s defense unit chief Colbert is departing, CEO says

Former CEO for Boeing’s defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019. Karim Sahib | AFP | Getty Images The head of Boeing‘s defense unit Ted Colbert is leaving the company effective immediately, said CEO Kelly Ortberg, marking his first major executive change since he […]

FTC sues drug middlemen for allegedly inflating insulin prices

FTC sues drug middlemen for allegedly inflating insulin prices

Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC.  Kevin Dietsch | Getty Images News | Getty Images The Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the […]

FedEx quarterly profit disappoints as demand for speedy delivery wanes

FedEx quarterly profit disappoints as demand for speedy delivery wanes

Miami Beach, Florida, FedEx Express delivery van parked, driver unloading box dolly.  Jeff Greenberg | Universal Images Group | Getty Images FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from speedy, pricey delivery to cheaper, slower options. Shares in the Memphis-based […]

Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance

Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance

An employee does final inspections on a Mercedes-Benz C-Class at the Mercedes-Benz US International factory in Vance, Alabama. Andrew Caballero-Reynolds | AFP | Getty Images Mercedes shares fell more than 8% Friday after becoming the latest carmaker to cut its guidance this year as sluggish demand in China and trade disputes weigh on the sector. […]

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle

CNBC’s Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years. […]

Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more

Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more

Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will take the helm. FedEx — Shares […]

Dow and S&P 500 notch record closes, Meta and Netflix at record highs

Dow and S&P 500 notch record closes, Meta and Netflix at record highs

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ryan Detrick, Carson Group chief market strategist, and Brook May, Evans May Wealth managing partner, join ‘Closing Bell Overtime’ to talk the day’s record market action. Source link