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

Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and more

A Chipotle restaurant in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Check out the companies making headlines after hours. Chipotle Mexican Grill — Shares fell more than 4% in extended trading after Chipotle Mexican Grill missed analysts’ expectations on the top and bottom lines. The burrito chain reported earnings of $8.29 … Read more

Chipotle Mexican Grill misses expectations for earnings, revenue and same-store sales

A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and revenue, signaling that its price hikes may finally be alienating customers. In October, CEO Brian Niccol said the company saw “minimal resistance” to higher prices for … Read more

Inflation Reduction Act has spurred 100,000 new green jobs so far: Here’s where they are

A quality control worker checks a solar panel at the Hanwha Q Cells solar cell and module manufacturing facility in Dalton, Georgia, on Thursday, Oct. 6, 2022. Elijah Nouvelage | Bloomberg | Getty Images Since President Joe Biden signed the historic Inflation Reduction Act into law last August, companies have announced more than 100,000 clean … Read more

Fed Chief Powell says the disinflationary process has begun, but has a long way to go

Federal Reserve Chairman Jerome Powell said Wednesday that inflation is beginning to ease though he expects it to be a long process. “The disinflationary process, the process of getting inflation down, has begun and it’s begun in the goods sector, which is about a quarter of our economy,” the central bank chief said during an … Read more

Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy

[The stream is slated to start at 12:40 a.m.ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-and-answer session with Carlyle Group Chairman David Rubenstein. The event is being held at the Economic Club in Washington, D.C. The … Read more

Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy

A Bed Bath & Beyond store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond will live to see another day – at least for now. The beleaguered home goods retailer is expecting to receive more than $1 billion in … Read more

Stocks making the biggest moves premarket: Chegg, Baidu, Bed Bath & Beyond, Hertz and more

A screen displays the Hertz logo during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York, November 9, 2021. Brendan McDermid | Reuters Check out the companies making headlines before the bell: Chegg — Shares dropped 22.7% following its earnings report Monday . The company gave first-quarter and full-year … 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

Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook

Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation. That means continuing to raise interest rates, as he sees a likelihood that the Fed’s benchmark borrowing rate should rise to 5.4% from its … Read more

75% of LGBTQ+ startup founders hide their identity from investors, UK survey finds

The City of London is a blend of old and new, with St Paul’s Cathedral close to skyscrapers as well as Roman ruins. Shomos Uddin | Moment | Getty Images Most founders of tech startups who identify as LGBTQ+ in the U.K. find themselves unable to share their sexual orientation or gender identity with investors, … 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

U.S. Treasury bond yields rise — and stock markets fall — on January jobs report

Sean Gallup | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today … Read more

U.S. Treasury bond yields rise — and stock markets fall — on January’s jobs report

Sean Gallup | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today … 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

Watch live: U.S. House Speaker Kevin McCarthy speaks on the debt ceiling

(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday on the debt ceiling. His speech comes a day before President Joe Biden is scheduled to give the annual State of … Read more

A prominent UK cybersecurity stock is under attack from short sellers. Here’s what you need to know

Darktrace, one of the U.K.’s largest cybersecurity companies, was founded in 2013 by a group of former intelligence experts and mathematicians. Omar Marques | SOPA Images | LightRocket via Getty Images Cybersecurity company Darktraceone of the U.K.’s most prominent tech names, has found itself under attack from short sellers. The company, whose tools allow firms … Read more

Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children’s Place and more

Tyson food meat products are shown in this photo illustration in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines in premarket trading. Tyson Foods – Shares of the food processing giant suffered a 6% drop in premarket trading after the company reported weaker-than-expected results for the first quarter. Earnings came in … 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

China urges calm after U.S. shoots down suspected spy balloon

“What I want to emphasize regarding this unexpected accident is that both sides, especially the U.S., should remain calm,” said China’s Ministry of Foreign Affairs spokesperson Mao Ning. Aly Song | Reuters BEIJING — China’s Ministry of Foreign Affairs spokesperson Mao Ning urged both sides to remain calm after the U.S. said it shot down … Read more