CNBC’s Jim Cramer on Monday discouraged investors from making any moves in high-value stocks ahead of earnings reports, especially in Big Tech — which will be viewed with intense scrutiny.”No one on Wall Street knows what any of the quarters will look like, except for the principals,” he said. “So don’t bother to follow the money that you see trading right now in anticipation. You know why? It’s a fool’s errand.”For example, he described why it’s difficult to trade Alphabet based on earnings, saying that often some data in the Google parent’s quarter fails to impress Wall Street. He speculated…
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SANTA CLARA, Calif. — There is nothing about the Dallas Cowboys that is silent or stealth, and on a Sunday night when America’s Team nearly snuck up on and stole a game from the San Francisco 49ers, its stay at Levi’s Stadium both began and ended with a bang.This time, Jerry Jones — so often the source of the noise surrounding his franchise — was a victim. After approaching the venue in the first of a three-SUV entourage and clearing a security check, the 82-year-old owner and his wife, Gene, were startled by a resounding thud: An abruptly deployed rising…
Tokyo, JapanJackyenjoyphotography | Moment | Getty ImagesAsia-Pacific markets are set to open higher, tracking gains on Wall Street as investors looked toward a slate of megacap technology earnings to keep propelling the Nasdaq Composite to new heights this week.Japan’s Nikkei 225 futures pointed to a slightly stronger open for the market, with the futures contract in Chicago at 38,715 and its counterpart in Osaka at 38,630 compared to the previous close of 38,605.53. This comes after the ruling Liberal Democratic Party lost its parliamentary majority after voters cast their ballots on Sunday to determine the control of the lower house, marking the…
Shares of e-commerce giants in China look attractive as Beijing attempts to stimulate domestic consumption, according to investor Jason Hsu. Hsu, founder and chairman of Rayliant Global Advisors, told CNBC’s Pro Talks that Alibaba , JD.com , and Pinduoduo are among his top picks. He also revealed a more cautious stance toward Baidu over company specific factors. The Chinese government is expected to announce details on highly anticipated fiscal stimulus in the first week of November in a bid to boost growth amid a slowing economy. Alibaba (BABA) and JD.com “BABA and JD.com have probably traded too cheap on such…
Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, Sept. 20, 2021.Michael M. Santiago | Getty Images News | Getty ImagesWashington Post owner Jeff Bezos in an op-ed published Monday evening defended the newspaper’s recent controversial decision not to endorse a candidate in the presidential election as a “meaningful step in the right direction” to reverse the loss of trust in the media by Americans.But Bezos also wrote, “I wish we had made the change earlier than we did, in a moment further from the election…
Omer Taha Cetin | Anadolu | Getty ImagesBitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election.The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. At about 6:00 p.m. Eastern on Monday, it touched $70,207.02 and has been oscillating since.Stocks tied to the price of the cryptocurrency were little changed in extended trading. In regular trading on Monday, crypto exchange platform Coinbase gained 5% and bitcoin proxy MicroStrategy jumped nearly 9%.Stock Chart IconStock chart iconBitcoin has struggled to reclaim $70,000 this yearThe…
Jayden Daniels danced to his right, then backpedaled. He kept scrambling, kept holding the ball, and holding it, and holding it, buying himself a few more seconds before finally letting it fly. The quarterback with bruised ribs, who’d been sacked twice and hit seven more times by the Chicago Bears’ defense, launched the football 62 yards in the air.It was the Washington Commanders’ last chance.A moment later, after a fortuitous ricochet, that ball was resting in the hands of Washington wideout Noah Brown, who stood alone in the end zone. The Hail Mary had been answered. Brown was mobbed by…
The Johor BahruSingapore Rapid Transit System (RTS) Link under construction near the JB Sentral building in Johor Bahru, Malaysia, as of Tuesday, Sept. 24, 2024. Bloomberg | Bloomberg | Getty ImagesSharon Kuok started studying in Singapore when she was seven, commuting daily to and from her home in the southern Malaysian state capital of Johor Bahru.She subsequently attended the National University of Singapore, and she then worked in the city-state for over 30 years before she finally called it a day.She’s now back in her hometown where she lives with her Singaporean husband and their three dogs in a two-story semi-detached…
Chinese autonomous driving company WeRide listed on the Nasdaq on Friday, Oct. 25, 2024.China News Service | China News Service | Getty ImagesBEIJING — Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise investor optimism over profitable exits.Chinese autonomous driving company WeRide listed on the Nasdaq Friday with shares rising nearly 6.8%. Earlier this month, Chinese robotaxi operator Pony.ai also filed paperwork to list on the Nasdaq. Both companies have long aimed to go public.Few large China-based companies have listed in New York…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailStuart Kaiser, Citi head of equity trading strategy, joins ‘Fast Money’ to talk what stocks and sectors are performing well in the current market environment. Source link
