‘Fast Money’ traders talk options moves around Coinbase. Source link
Author: usaeverydaylife
CNBC’s Jim Cramer on Friday guided investors through next week’s market action, specifically the labor report and earnings results from alcohol maker Constellation Brands.He also reflected on the past quarter, saying it ended on a strong note after a turbulent start when investors panicked over President Donald Trump’s so-called “liberation day.” Back in April, Trump announced steep tariffs on products from a slew of countries, including the U.S.’s biggest trading partners.The market has recouped most of its losses since then. Cramer pointed out that the averages managed to finish up on Friday, shrugging off losses incurred this afternoon when the…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
CNBC’s Jim Cramer on Friday told investors that he’s still pulling for Apple, even as its stock lags behind the averages.”If Apple can shake off its current shroud of negativity — maybe they make nice with President Trump somehow — I could justify paying 35 times earnings for the stock,” he said. “Which is why I’m simply not ready to give up on this one.”Cramer said he understands the current lack of enthusiasm for the iPhone maker. President Donald Trump is slapping steep tariffs on China, where Apple does the majority of its manufacturing. Trump has also said the company…
Tesla’s June launch of its long-awaited “robotaxi” requires a lot of qualifiers: it was supervised, open only to a few invitees and included somewhere between 10-20 vehicles.The stock jumped 8% the day after the launch, and some participants and observers called it a success. The shares have largely given back that gain since then.”I thought it was extremely smooth. Everything we saw,” said Wedbush analyst Dan Ives. “Not just from a safety perspective. Maneuverability was way impressive. I thought actually even better than Waymo out of the gates. I thought going into it was going to be an eight out…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyChris Marinac, Janney Montgomery Scott, joins ‘Fast Money’ to talk the results to the Federal Reserves bank stress test.04:3127 minutes ago Source link
University of Virginia President Jim Ryan speaks during a memorial service on November 19, 2022 in Charlottesville, Virginia.Mike Kropf | Getty ImagesThe president of the University of Virginia is resigning following pressure from the Trump administration to step aside amid a Justice Department probe into the school’s diversity practices.James E. Ryan convened a meeting with his senior leadership on Friday and announced that he would be stepping down, according to a source who attended the UVA Board of Visitors meeting.The Justice Department had demanded Ryan step down in order to resolve an investigation over the school’s diversity, equity and inclusion…
Four years ago, financial advisor Ric Edelman went out on a limb in saying everyone should hold cryptocurrencies. But how much? Low single digits was his recommendation.In his “The Truth about Crypto” book in 2021, Edelman said as low as a 1% allocation was reasonable.A lot has changed.This week, Edelman said financial advisors should be recommending anywhere from 10% to 40% allocations to cryptocurrencies, and he is aware it’s quite a shift in his own thinking.”Today I am saying 40%, that’s astonishing,” he told CNBC’s Crypto World in an interview. “No one has ever said such a thing.”But the “why”…
US President Donald Trump speaks during a news conference in the Brady Briefing Room of the White House on June 27, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty ImagesPresident Donald Trump said Friday he may not stick to the deadline in early July when massive U.S. tariffs are set to snap back into effect on a slew of countries.”No, we can do whatever we want,” Trump said at the White House when asked if his deadline was set in stone. “We could extend it. We could make it shorter.” The question had specifically been about July 9,…
The S & P 500 punched through to a new record high on Friday, creating another milestone for a bull market that is now approaching its third birthday. The S & P 500 is up more than 70% since the current bull market began on Oct. 12, 2022, a period of 989 days, according to Bespoke Investment Group . And that’s not even long in the tooth, historically. For example, the bull market between 2009 and 2020 lasted 3,999 days and delivered a 400% return. The bull market that ended with the 2000 popping of the dot-com bubble was even…
