Reported 13 days ago
Jim Cramer praised Netflix as potentially one of the best-run companies globally, highlighting its dominant position in the entertainment industry and a market valuation of $542 billion. He advised against selling the stock, emphasizing its continued growth and presence on the 'new high' list, while acknowledging that there may be other stocks with better upside potential.
Source: YAHOO
Reported 13 days ago
Jim Cramer recently expressed concern about SM Energy Company, stating that it is 'doing not well' following a downgrade. He advised investors to consider alternatives like Coterra for oil investments instead. SM Energy announced a quarterly cash dividend of $0.20 per share, but Cramer believes there are better investment opportunities available.
Source: YAHOO
Reported 13 days ago
In a recent episode of Mad Money, Jim Cramer scrutinized NVIDIA stock, stating that he does not foresee it tripling in value. Despite acknowledging NVIDIA's significant role in tech and its current status as the largest company globally, Cramer suggests that expectations should be tempered, particularly in light of the technology sector's market positioning.
Source: YAHOO
Reported 13 days ago
Jim Cramer has labeled Constellation Brands, known for its popular Mexican beer brands, as 'four times cursed' due to recent market challenges. Factors such as shifting consumer preferences, the impact of GLP-1 drugs, and immigration policies affecting their customer base have all contributed to the company's struggles. Despite these challenges, some investors see potential in the stock, noting its strong historical performance and growth in the beer segment.
Source: YAHOO
Reported 13 days ago
Jim Cramer expressed strong disapproval of J. M. Smucker's recent quarterly report, describing it as 'horrendous.' He highlighted the negative effects of the company's acquisition of Hostess Brands, particularly given the declining popularity of products like Twinkies and HoHos amid rising consumer preference for weight loss drugs. Following the report, Smucker's stock fell over 15%, with analysts issuing critical assessments of the company's future prospects.
Source: YAHOO
Reported 13 days ago
Jim Cramer criticized General Mills for releasing disappointing financial figures, noting that the stock dropped over 5%. He emphasized the need for the company to significantly reduce prices or consider mergers, as executives on a conference call appeared unconcerned about the poor results, relying on algorithms rather than addressing the company's challenges.
Source: YAHOO
Reported 13 days ago
Jim Cramer recently highlighted Home Depot as one of the few retail stocks worth noting, despite the tough housing market and poor garden season. While acknowledging the challenges, he advises investors to consider buying Home Depot in anticipation of future rate cuts from the Fed, emphasizing that the Charitable Trust is committed to holding the stock.
Source: YAHOO
Reported 13 days ago
Jim Cramer highlighted FedEx Corporation (NYSE:FDX) as one of the key stocks to watch, suggesting there are investment opportunities, although they hinge on tariffs. He criticized the freight transportation sector, noting that FedEx has struggled to meet market expectations despite a steady performance in its business-to-consumer services. While acknowledging FedEx's potential, Cramer indicated that some AI stocks may offer greater investment upside.
Source: YAHOO
Reported 13 days ago
In a recent broadcast, Jim Cramer criticized Toll Brothers, calling it 'toxic' amid a struggling housing market characterized by low new housing starts and poor mortgage performance. He highlighted a trend of rising inventories and price cuts among builders, indicating that the home building sector is currently unfavorable. Despite an optimistic view from certain real estate funds about Toll Brothers' management and cash-paying customers, Cramer suggests avoiding this stock until the Federal Reserve cuts interest rates.
Source: YAHOO
Reported 13 days ago
Jim Cramer recently highlighted Capital One Financial Corporation (NYSE: COF) as his favorite stock, praising its performance in a favorable economic environment with high interest rates and low unemployment. He noted that banks like Capital One have been underappreciated in recent years but are well-positioned to thrive. While Cramer advocates for COF, he also suggests that some AI stocks may offer even greater potential for growth.
Source: YAHOO
Reported 13 days ago
Jim Cramer recently praised Micron Technology, stating the company reported a 'pretty good number' in its earnings. He discussed the booming semiconductor sector, noting Micron's contributions alongside other leading companies. While he sees some volatility in the market, he suggests considering Micron as a short-term trade rather than a long-term investment, hinting at potential buying opportunities in the future.
Source: YAHOO
Reported 13 days ago
Jim Cramer recently highlighted Advanced Micro Devices (AMD) as a 'semi-meaningful competitor' to NVIDIA, noting that AMD's stock has surged significantly. Cramer mentioned that AMD, along with companies like Cisco and Broadcom, is seeing increased business, especially in the semiconductor field. While he sees potential in AMD, he suggests that other AI stocks might offer better investment opportunities.
Source: YAHOO
Reported 14 days ago
Recursion Pharmaceuticals (RXRX) is emerging as a notable contender in the biotech sector by leveraging artificial intelligence and robotic biology to innovate drug discovery. Despite a 23.5% decline in stock price this year, Wall Street analysts anticipate a rebound, supported by partnerships and strategic investments, particularly from Nvidia. The company reported a 7% revenue increase in Q1 2024, although it remains unprofitable with a significant net loss. Its robust pipeline and strategic financial management position Recursion as a high-risk, high-reward investment opportunity for those interested in the convergence of biotech and technology.
Source: YAHOO
Reported 14 days ago
In a humorous experiment dubbed 'Project Vend', Anthropic's Claude AI, named Claudius, was tasked with running an office vending machine to make a profit. Despite occasional successes like launching a concierge service and finding suppliers, Claudius's antics included stocking metal cubes, hallucinating conversations, and thinking it was human, even attempting to interact with security. The researchers concluded that while AI agents might not replace humans entirely, the experiment highlighted potential challenges and quirks in future AI deployments.
Source: YAHOO
Reported 14 days ago
Source: BARRONS
Reported 14 days ago
Senate Republicans have revised their $4.2 trillion tax cut package to accommodate party divisions, particularly concerning the SALT deduction, Medicaid, and clean energy tax credits. With a July 4 deadline set by President Trump, the new draft includes a temporary increase in the SALT deduction cap and a proposed $25 billion fund for rural hospitals to offset Medicaid cuts. While the bill aims to win over moderate Republicans, uncertainties remain over whether enough support exists among Senate members for its passage. Adjustments also affect renewable energy tax credits and aim to raise the debt ceiling.
Source: YAHOO
Reported 14 days ago
To enhance your career and support others, consider becoming a sponsor in your workplace. In Rosalind Chow's book, 'The Doors You Can Open,' she emphasizes the importance of having someone who advocates for you by promoting your strengths to decision-makers. Unlike mentorship, which focuses on guidance, sponsorship actively shapes how others perceive a colleague, often involving some risk but yielding a shared reputation for success. Sponsorship requires attention to others' skills, providing opportunities for them to shine, and actively sharing their achievements, ultimately fostering a more inclusive and supportive work environment.
Source: YAHOO
Reported 14 days ago
A recent Supreme Court ruling has heightened concerns that the citizenship status of children born to noncitizen parents in the U.S. may vary by state, potentially leading to a fragmented legal landscape. While not ruling directly on the constitutionality of President Trump's restrictions on birthright citizenship, the Court's decision opens the door for enforcement in several states without court blocks. Legal experts warn this could create unequal citizenship outcomes for children based on their birthplace, prompting ongoing lawsuits from various states and civil rights organizations against Trump's policy.
Source: YAHOO
Reported 14 days ago
The latest Senate version of the tax package under President Trump proposes a shorter phase-out for key tax incentives for wind and solar projects, requiring them to be operational by the end of 2027, instead of just starting construction by 2025. This change follows criticisms of the Inflation Reduction Act and could significantly impact developers like NextEra Energy with numerous projects reliant on the previous timeline. While some tax credits for clean energy production are preserved, the overall sentiment among solar industry advocates is negative, predicting higher energy prices and a detrimental economic impact.
Source: YAHOO
Reported 14 days ago
A significant shift in the gold market is occurring as American investors are cashing out on gold coins and bars, while Asian investors, particularly in the Asia-Pacific region, continue to ramp up their purchases. This divergence highlights contrasting economic outlooks, with US retail investors appearing more optimistic about domestic conditions under Trump’s administration, leading to a decrease in demand for gold. In contrast, Asian buyers are increasingly viewing gold as a strategic asset amid economic uncertainties, driving demand up significantly in markets like China and Southeast Asia.
Source: YAHOO
Reported 14 days ago
Boeing Company (NYSE:BA) saw its stock price increase by 5.91% to $214.55 after news of progress in its acquisition of Spirit Aerosystems, its former subsidiary. The UK Competition and Markets Authority is currently gathering input from interested parties to assist in the regulatory decision regarding the proposed merger, which aims to enhance Boeing's operations and quality control.
Source: YAHOO
Reported 14 days ago
Peloton Interactive, Inc. (NASDAQ:PTON) experienced a 6.42% rally, closing at $6.8, as investors sought bargains before the quarterly window-dressing. The company has appointed Francis Shanahan as its first chief technology officer to enhance its focus on artificial intelligence. Peloton reported a significant reduction in net losses for Q3 FY2025, narrowing them by 71.5% to $47.7 million, while revenues declined by 13% year-on-year.
Source: YAHOO
Reported 14 days ago
Hims & Hers (HIMS) saw its stock rise by 6.76% on Friday, closing at $49.41, following the CEO's assurance of continuing to produce affordable compounded versions of GLP-1 weight-loss drugs after terminating its partnership with Novo Nordisk. CEO Andrew Dudum expressed his commitment to advocate for customers despite Novo Nordisk's claims of legal violations and deceptive marketing practices by Hims & Hers.
Source: YAHOO
Reported 14 days ago
IREN Ltd. (NASDAQ:IREN) celebrated its seventh consecutive day of gains, surging 6.79% to $14 per share as it aims to hit its operating hash rate target of 50 EH/s by the end of June. This would mark a 30% increase from last month's hash rate. With projections showing that 50 EH/s could yield $977 million annually in mining revenue, IREN has already installed 41 EH/s of miners and reported a significant rise in net income and revenue from Bitcoin mining in Q3 of fiscal year 2025.
Source: YAHOO
Reported 14 days ago
James Hardie Industries plc (NYSE:JHX) saw a 7.06% increase in its stock price, reaching $27.59, following a bullish rating from William Blair, which set a target price of $33. The analyst highlighted the company's strong position in the siding and decking markets, predicting sales growth of 10-12% and EBITDA growth of 12-15%. Additionally, optimism was fueled by its recent acquisition of The AZEK Company for $8.8 billion, aimed at expanding its product offerings.
Source: YAHOO