CNBC’s Jim Cramer on Monday said deal-making in the corporate world is starting to heat up, telling investors to expect more action in the coming months.”You don’t get a wave of deals out of nowhere. You get a ripple, and then ever bigger waves,” he said. “Right now, we’re in the ripple stage. That’s when it’s best to do some buying.”A wave of deal-making doesn’t start out large, Cramer explained, and added that the market isn’t paying attention to some important deals. He brushed off a recent downgrade of deal-making powerhouse Goldman Sachs, adding that mergers are not just good…
Author: usaeverydaylife
It was a sunny Thursday evening in New York’s Washington Square Park. People gathered there for one reason, and one reason only: a Labubu fashion show.On June 12, Labubu lovers strutted down the sidewalks with the tiny toy monsters clipped to their purses, backpacks, beltloops — even their dogs’ harnesses. The model with the best flair won a new toy and, naturally, a purse to hang it on.The evening provided a glimpse into a seemingly sudden worldwide obsession with the blind-box stuffed animal toy, which retails for about $30 and is sold by Chinese collectible company Pop Mart. A Labubu…
Citizens is stepping away from Goldman Sachs for now. Analyst Devin Ryan downgraded the big bank to market perform from market outperform. He also removed his $600 price target, which implied a 14.9% decline from Friday’s close. “At $700+ today, we believe much of our thesis has played out and the bar is now much higher for another leg up,” the analyst wrote. “Accordingly, while we are bullish on the business, we see the risk/reward as balanced and we will evaluate for a new entry point or developments that change our valuation framework.” Ryan added that the last time he…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 10, 2025. Jeenah Moon | ReutersU.S. stock futures were little changed Monday night following a winning session for the major averages, as investors await big bank earnings and a key inflation reading.Dow Jones Industrial Average futures fell by 50 points, or 0.12%. S&P 500 futures and Nasdaq 100 futures dipped 0.1% and 0.08%, respectively.Wall Street is coming off a positive session Monday, with stocks managing to eke out a gain even after President Donald Trump threatened a 30% tariff on the European…
Jeff Green, Founder, CEO, and Chairman, The Trade Desk and Andrew Wallenstein, Variety Intelligence Platform, President and Chief Media Analyst speak onstage at “Advertising’s New Normal: Unifying Streaming and Identity in 2023” during the Variety Entertainment Summit at CES at the Aria Resort & Casino on January 06, 2023 in Las Vegas, Nevada.Greg Doherty | Variety | Getty ImagesShares of The Trade Desk jumped 14% in extended trading on Monday, as the digital advertising company is set to to join the S&P 500. S&P Global announced that Trade Desk will be replacing software maker Ansys as of Friday. Earlier on…
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty ImagesJune’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data, especially whether tariffs are starting to have an impact.The consumer price index, due Tuesday at 8:30 a.m. ET, is expected to show an uptick in both headline and core readings, with the latter still well above the Federal Reserve’s target.But what will really matter is the extent to which President Donald Trump’s tariffs are hitting prices and potentially…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Earnings season is super annoying for trend-following investment strategies. The potential for both positive and negative surprises is higher, which can lead to reversals in trend and gappy trading before and after the opening and closing bells of trading. It can be a minefield. Sean and I try to avoid highlighting names right before they report for this reason. This time, however, we’re going to break that tradition and show you a few set-ups for companies…
San Francisco Mayor Daniel Lurie announced Monday that generative artificial intelligence will be available to 30,000 workers across the city’s government, leaning into the city’s role as a leader in AI.The city will use Microsoft 365 Copilot Chat, powered by OpenAI’s GPT-4o, for employees like nurses and social workers to improve city services. “It’s going to allow us to use LLMs and produce faster response times,” Lurie said.Lurie’s administration said the move will make San Francisco one of the world’s largest local governments to leverage AI.City hall said Copilot will be made across its departments to tackle administrative work like…
The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. Jonathan Raa | Nurphoto | Getty ImagesThe European Union on Monday called in representatives from Elon Musk’s xAI after the company’s social network X, and chatbot Grok, generated and spread anti-semitic hate speech, including praise for Adolf Hitler, last week.A spokesperson for the European Commission told CNBC via e-mail that a technical meeting will take place on Tuesday. xAI did not immediately respond to a request for comment.Sandro Gozi, a member of Italy’s parliament and member of the…
