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

Fed Chair Powell: Inflation fight will take ‘a significant period of time’ | CNN Business

Minneapolis CNN — The US labor market remains “extraordinarily strong” and Friday’s monster jobs report underscored that the central bank has more work to do to bring down inflation, Federal Reserve Chairman Jerome Powell said Tuesday. “We didn’t expect it to be this strong,” Powell said of the January jobs report, which showed the US … 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

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

Canoo’s shares sink after EV maker agrees to sell $52 million in discounted stock

The Lifestyle Vehicle electric minivan from Canoo. Source: Canoo Shares of electric vehicle startup Canoo were sharply lower in early trading on Monday after the company said that it has agreed to sell discounted shares to raise $52.5 million. The stock opened Monday at $1 per share, off 20%. It’s lost more than 80% of … 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

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

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

Huawei turns to patents for a lifeline — including those in the U.S.

Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications giant Huawei is turning to patents for a lifeline as the company seeks to forge a path forward in advanced chip technology — the prized tech which the U.S. is … Read more

Optimism on Chinese stocks soars to five-year highs

Trucks and passenger cars drive across the Sutong Bridge in the city of Suzhou near Shanghai on Jan. 27, 2023, during the Lunar New Year holiday. Future Publishing | Future Publishing | Getty Images BEIJING — Money is flowing into mainland Chinese and Hong Kong stocks in ways not seen since 2018, according to research … 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

Stocks making the biggest moves midday: Amazon, Alphabet, Apple, Nordstrom, Ford and more

Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trading. Amazon – The e-commerce giant’s stock tumbled 4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company … Read more

China’s real estate crisis isn’t over yet, IMF says

China’s real estate market has slumped in the last two years after Beijing cracked down on developers’ high reliance on debt for growth. Future Publishing | Future Publishing | Getty Images BEIJING — China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday. The property market … 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