Jim Cramer says Activision Blizzard is a buy, but wait on Take-Two Interactive

CNBC’s Jim Cramer on Tuesday said Activision Blizzard is better positioned in the short term than rival Take-Two Interactive. Both video game companies reported earnings this week. Activision Blizzard Shares of Activision Blizzard rose about 5.6% Tuesday after the company reported a revenue beat in its most recent quarter. Cramer said that while all eyes … Read more

Cramer’s lightning round: Parker-Hannifin is a buy

Parker-Hannifin Corp: “It’s just the kind of industrial I’ve been recommending. … I would buy it here.” Conocophillips: “That thing is like a fine Merlot, my friend. I would buy all you can right here.” Snowflake Inc: “I like Snowflake. I will go with [CEO Frank] Slootman. He is a money maker.” Zscaler Inc: “The … Read more

Jim Cramer says to not lose sight of investing fundamentals despite the bull market

CNBC’s Jim Cramer on Tuesday told investors to stay selective with stocks despite the market’s strong run. “I just want you to have a real earnings cushion with real buybacks or real dividends — ideally both — and I can’t feel comfortable recommending anything without them,” he said. The market rose on Tuesday after Fed … Read more

5 things to know before the stock market opens Tuesday

U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1, 2023. Jonathan Ernst | Reuters Here are the most important news items that investors need to start their … Read more

SoftBank’s Vision Fund posts fourth straight quarter of losses as tech slump hits Japanese giant

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images SoftBank’s flagship investment arm the Vision Fund posted its fourth straight quarterly … Read more

Cramer’s lightning round: Steel Dynamics is an excellent company

Nucor Corp: “I personally think that Nucor has moved up too much. … I have my eye on $160 to $165 and not before that.” C3.ai Inc: “This stock has run up as part of the almost meme-like interest in [artificial intelligence]. … Ring the register.” Jim Cramer’s Guide to Investing Click here to download … Read more

Charts suggest investors should brace themselves for declines in the S&P 500, Cramer says

CNBC’s Jim Cramer on Monday warned investors to brace for market turbulence ahead by consolidating their portfolios. “The charts, as interpreted by Carolyn Boroden, suggest that the incredible rally in the S&P 500 might be running out of steam,” he said, adding, “She’s not necessarily saying we’re headed for a brutal near-term decline, but you … Read more

Jim Cramer says the economy is headed for a soft landing

CNBC’s Jim Cramer on Monday told investors that he thinks the Federal Reserve will steer the economy to a soft landing. “The only outcome is a soft landing for the economy, which means it’s foolish to sell now since you’ll only end up buying back those same stocks at higher levels in order to get … Read more

Winklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery

Cameron and Tyler Winklevoss. Adam Jeffery | CNBC Crypto exchange Gemini will contribute up to $100 million in cash, earmarked for its customers, as part of an agreement with bankrupt Genesis Global Capital and parent Digital Currency Group, Genesis’ lawyers said in a court hearing on Monday. The restructuring deal and recovery plan were announced … Read more

Crypto exchange Binance will suspend U.S. dollar transfers

Zhao Changpeng, founder and chief executive officer of Binance, attends a conference at Porte de Versailles exhibition center in Paris, France June 16, 2022. Benoit Tessier | Reuters Binance, the world’s largest crypto exchange, will suspend U.S. dollar deposits and withdrawals, the company said Monday, without providing a reason for the decision. “We are temporarily … Read more

35% of millionaires say retirement is ‘going to take a miracle,’ report finds

Why $1 million may not feel like enough The 4% rule is a popular guideline for retirees to determine how much money they can live on each year without fear of running out later. It suggests that retirees can safely withdraw 4% of their investments (adjusted for inflation) each year in retirement. “A million may … Read more

5 things to know before the stock market opens Monday

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City. Michael M. Santiago | Getty Images Here are the most important news items that investors need to start their trading day: 1. February heat check Even with mixed economic signals, worries that … Read more

Adani rout deepens despite soothing words from India’s government and billionaires

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee Afp | Getty Images Shares of most Adani Group companies fell further on Monday, continuing to drop as a feud between the … Read more

Amid food inflation, more shoppers turn to dollar stores for groceries

A man looks at frozen foods for sale at a Dollar Store in Alhambra, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Among all rising costs, sky-high grocery bills have been especially painful. Although the consumer price indexan inflation gauge that measures the cost of a broad basket of goods … Read more

Cramer’s lightning round: Zoom Video needs a merger

tapes corp: “It’s one of the greatest small business companies in the world.” VF Corp: “I am very worried about VF.” AST SpaceMobile Inc: “That’s a very tough one to own.” Disclaimer: Cramer’s Charitable Trust owns shares of Pioneer Natural Resources. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing … Read more

Jim Cramer says strong January jobs report shows the economy can handle more rate hikes

CNBC’s Jim Cramer on Friday said that the January jobs report shows that the economy will remain resilient, despite the Federal Reserve’s interest rate hikes. “If the Fed Chief wants to raise interest rates quarter after quarter, this economy can actually handle it. And that’s the real takeaway from this amazing job growth number,” he … Read more

Cramer’s week ahead: Take advantage of the bull market by selling some shares

CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market. “I don’t know if we can continue this week’s bizarrely bullish behavior, but it’s worth sticking around and … you can trim a bit of some stock that you’re up a lot,” … Read more

Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index since a stretch that ended in November 2021. Coming off its worst year since 2008the Nasdaq … Read more

Ford’s CEO needs to deliver by next quarter, or we’re moving on from the stock

Ford Motor (F) CEO Jim Farley on Friday said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poor execution. But we remain disappointed in the results, and need to see an increase in profitability to stick with the stock after the … Read more

Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee AFP | Getty Images Shares of India’s Adani Enterprises have plummeted over the past week, after the publication of an extensive critical report from U.S. short-seller Hindenburg Research. Some big international players … Read more

U.S. credit card debt jumps 18.5% and hits a record $930.6 billion

For most Americans, inflation and rising interest rates are a one-two punch. On the heels of another rate hike this week by the Federal Reservecredit card annual percentage rates are already near 20%, on average, and set to climb even higher. At the same time, more consumers are leaning on credit to afford increasingly expensive necessities, … Read more

5 things to know before the stock market opens Friday

A man walks past the Nasdaq MarketSite in New York on Jan. 28, 2022. Michael Nagle | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Tech letdown Meta raised everyone’s hopes with its refreshing talk of efficiency Wednesday, but the Facebook parent ultimately … Read more

Jim Cramer says he likes these 3 junior growth stocks for younger investors

CNBC’s Jim Cramer on Wednesday gave young investors a list of stocks he believes should be on their shopping lists. “If you’re a younger investor, you need to take some risk in your portfolio — that’s how you have a chance to generate gigantic returns. I recommend betting on long-term stories that can eventually give … Read more

Cramer’s lightning round: Stick with Netflix

GameStop Corp: “I like great American stories. I don’t like that whole group.” Netflix Inc: “You got the pain, you get the gain. Stick with it.” DraftKings Inc: “Stock could come around, but it’s got to be 50 states before we get there.” Medtronic PLC: “Medtronic right now is not being run well. … I … Read more

Jim Cramer says Meta Platforms’ latest quarter is why he stuck with the stock

CNBC’s Jim Cramer on Thursday used Facebook parent company Meta Platforms as a case study on why holding downtrodden stocks sometimes pays off. “When companies change their stripes, or when they’re incredibly well-managed, or disciplined, or efficient, or when they invent amazing products and reinvent themselves on the fly, you should stick with them,” he … Read more