Reported about 2 months ago
President Donald Trump has urged the U.S. Federal Reserve to reduce interest rates by a full percentage point, criticizing Fed Chair Jerome Powell for being slow to lower borrowing costs. Trump noted that while Europe has made multiple rate cuts, the U.S. has not seen any changes. He believes that the Fed can always raise rates again if needed and expressed his discontent during his recent meeting with Powell.
Source: YAHOO
Reported about 2 months ago
Jim Cramer highlights NVIDIA Corporation's CEO Jensen Huang as a key player in the AI revolution, emphasizing the company's potential despite market turbulence. Cramer believes that NVIDIA can thrive through the AI rollout and its engagement with humanoid robots, while also addressing the firm's challenges with US government relations and sanctions on AI GPU sales to China. Overall, NVDA stands out as Cramer’s top stock recommendation, though he notes that some alternative AI investments might offer better returns.
Source: YAHOO
Reported about 2 months ago
Jim Cramer discusses CVS Health Corporation's recent performance and its CEO's turnaround efforts, highlighting the firm's 44% share price increase this year due to rival weaknesses. While praising CVS's management and earnings forecasts, Cramer cautions about the potential risks of automating its pharmacies with robots, referencing a scene from 'It’s a Wonderful Life' to emphasize the importance of accuracy in healthcare.
Source: YAHOO
Reported about 2 months ago
Circle Internet Group's stock continues to rise following its impressive debut on the New York Stock Exchange, where it surged 168% from its initial offering price. Opening at $69, over double the IPO price of $31, shares climbed even higher on Friday, reaching approximately $98. CEO Jeremy Allaire emphasized the enduring relevance of stablecoins, attracting interest from notable investors like Cathie Wood and BlackRock.
Source: YAHOO
Reported about 2 months ago
Tesla's stock rose by 6.9% on Friday after a significant drop the previous day, triggered by a public feud between CEO Elon Musk and President Trump that wiped out over $150 billion in company value. Investor optimism grew following reports of a potential reconciliation between Musk and Trump, despite Trump's dismissive comments about Musk and ongoing tensions surrounding their relationship. Analysts suggest that while some corrections were made, uncertainties in the market could persist based on various factors affecting Tesla's performance.
Source: YAHOO
Reported about 2 months ago
Telsey Advisory's analyst Joseph Feldman has raised the price target for Five Below (FIVE) from $90 to $128 while maintaining a Market Perform rating. This upward adjustment comes after positive company performance in Q1, although concerns about visibility in the latter half of the year persist due to merchandising changes, pricing adjustments, and tariff impacts.
Source: YAHOO
Reported about 2 months ago
Telsey Advisory has increased its price target for Dollar Tree (DLTR) from $95 to $100 while maintaining a Market Perform rating. The advisory firm is optimistic about Dollar Tree's ongoing transformation and strategy, although concerns about tariffs and execution remain.
Source: YAHOO
Reported about 2 months ago
The ongoing feud between Elon Musk and former President Trump has escalated to a point where experts believe the rift is 'permanent.' Following a significant drop in Tesla's stock value, analysts discussed the potential repercussions of this fallout on Musk's various business ventures. While both figures have a history of vindictiveness, the hope for reconciliation appears dim, with both likely to navigate the fallout independently.
Source: YAHOO
Reported about 2 months ago
In a recent discussion, Jim Cramer addressed Apple Inc. (AAPL) following impressive iPhone sales growth in China but cautioned about macroeconomic pressures affecting the market. He expressed confidence in Apple as a buy, despite the stock gaining only 4.76% on the day of the news. Cramer highlighted potential challenges from trade tensions and tariffs on Apple’s manufacturing decisions. While AAPL ranks highly among stocks he discusses, there are suggestions that some AI stocks may offer better investment opportunities.
Source: YAHOO
Reported about 2 months ago
Source: BARRONS
Reported about 2 months ago
In a review of Jim Cramer's views on Astera Labs, Inc. (NASDAQ:ALAB), it's noted that while he appreciated the company's fundamentals at the time of its IPO, he cautioned about the speculative hype surrounding new IPOs. Despite his reservations, ALAB's stock has risen 55.56% since then. Cramer later described Astera as well-managed with significant growth potential, suggesting it's a good buy but not the best value compared to other stocks. Overall, ALAB is ranked 3rd among the stocks Cramer discusses, though some AI stocks are believed to offer better returns.
Source: YAHOO
Reported about 2 months ago
In the recent discussion on Palantir Technologies Inc. (NASDAQ:PLTR), Jim Cramer notably retracted his earlier positive stance, citing confusion about the company's business model and advising against owning the stock. However, this advice proved misguided as PLTR's stock skyrocketed over 524% since then. In his latest commentary, Cramer identified PLTR as one of the riskiest yet potentially rewarding investments, particularly suitable for long-term growth, amidst a broader conversation on stock diversification strategies.
Source: YAHOO
Reported about 2 months ago
印度與美國的貿易談判因尋求在農業和汽車行業的關稅削減達成共識而延長至下週，雙方希望在7月9日的最後期限之前達成臨時協議。美國貿易代表處的高級官員在新德里與印度貿易官員進行了雙天的會談，談判重點在於加強市場准入和供應鏈韌性。儘管談判初定於星期五結束，但將在下週一和星期二繼續進行。印度的出口對美國在1月至4月之間增長了近28%，但印度對美國的農業和乳製品市場的開放面臨挑戰，因為這會影響貧困農民的生計。
Source: YAHOO
Reported about 2 months ago
In a recent evaluation of Jim Cramer's views on various stocks, he dismissed TEGNA Inc. (NYSE:TGNA), a broadcasting and digital media company, expressing disinterest in traditional television. Despite this, TEGNA's stock has risen by 11.66% over the past year, suggesting that Cramer's opinion may have been too negative. TEGNA ranks 4th among stocks Cramer discusses, yet there are concerns that AI stocks might offer superior growth potential.
Source: YAHOO
Reported about 2 months ago
NatWest has issued an apology to millions of customers locked out of its banking app due to an IT outage caused by a recent update. The outage began on Friday morning, disrupting access for over 10 million daily users while other banking services remained operational. This incident highlights the bank's reliance on digital platforms amid ongoing branch closures, with increasing scrutiny on banks' IT systems following previous disruptions in the sector.
Source: YAHOO
Reported about 2 months ago
In a recent discussion, Jim Cramer expressed confidence in Axcelis Technologies, Inc. (ACLS), highlighting its strong fundamentals despite a recent price decline. However, the stock subsequently plummeted by 46.86%, contradicting his optimistic outlook. Although ACLS ranks fifth among stocks Cramer discusses, some experts suggest that AI stocks might offer better investment potential.
Source: YAHOO
Reported about 2 months ago
Source: BARRONS
Reported about 2 months ago
The article examines Jim Cramer's views on Builders FirstSource, Inc. (NYSE:BLDR), a significant player in the building materials industry. Cramer previously advised caution regarding the stock amid concerns about a weak housing market, suggesting a wait for a better entry point. Following his advice, the stock declined by 27.56%. Although he expressed interest in the company's long-term potential due to its role as a consolidator in a fragmented market, he acknowledged the stock's struggles tied to rising interest rates and lower forecasts from management.
Source: YAHOO
Reported about 2 months ago
The article examines Jim Cramer's previous comments on Bristol-Myers Squibb Co. (BMY), where he expressed a preference for Pfizer for yield-focused investors, suggesting BMY would have a long wait for significant returns. Despite Cramer’s cautious outlook, BMY's stock rose by over 15%, outperforming Pfizer. Cramer acknowledges owning BMY in his charitable trust but is hesitant to buy back due to concerns over upcoming patent expirations and mixed results from a key drug study. Overall, the article concludes that while BMY shows potential, other AI stocks might offer better returns.
Source: YAHOO
Reported about 2 months ago
Recent analyst calls highlight significant movements on Wall Street, with JPMorgan upgrading Dollar Tree to Overweight with a new price target of $111 after strong Q1 sales performance, while Erste Group downgraded Salesforce to Hold due to lower expected growth compared to competitors. Other notable upgrades include MongoDB and Broadcom, while Chewy and Eli Lilly also saw downgrades amid evolving company performance.
Source: YAHOO
Reported about 2 months ago
This article evaluates Jim Cramer's perspective on Pfizer Inc. (PFE), a pharmaceutical company facing challenges post-COVID. Despite recommending patience due to Pfizer's acquisition of Seagen and its yield, PFE's stock has declined by over 20%. Cramer remains optimistic about the potential of the Seagen deal, yet the article suggests that other AI stocks may offer better investment prospects.
Source: YAHOO
Reported about 2 months ago
Source: BARRONS
Reported about 2 months ago
In a recent analysis, Jim Cramer acknowledged Novo Nordisk A/S (NYSE:NVO) as a solid growth stock but expressed a stronger preference for Eli Lilly, citing their promising drug pipeline, particularly for Alzheimer’s. Despite its potential, Novo Nordisk has seen a significant decline of 49.32% since then, leading investors to question its growth prospects compared to other stocks Cramer discusses.
Source: YAHOO
Reported about 2 months ago
Lululemon's stock fell nearly 18% after the company announced that its profit projections for the second quarter and full year missed analyst expectations, largely due to a challenging economic environment and rising tariffs. The company now expects adjusted EPS to range from $2.85 to $2.90, significantly lower than the anticipated $3.31, while full-year EPS guidance has been reduced. As inflation and consumer uncertainty affect spending, Lululemon plans to implement price increases on select items and focus on efficiency in sourcing to navigate these challenges.
Source: YAHOO
Reported about 2 months ago
Elon Musk's foray into politics, particularly his alliance with Donald Trump, has adversely affected Tesla by alienating core customers and complicating government approvals crucial for its business. The recent fallout between Musk and Trump, marked by public disputes on social media, risks further damaging Tesla's brand and market value. With Tesla shares plummeting and Trump's threats to cut government contracts, experts warn that engaging in political battles can jeopardize a company's stability, especially for a consumer-facing brand like Tesla.
Source: YAHOO