During the October Monthly Meeting, we had the opportunity to address questions from our Investing Club members. Below, you’ll find the answers provided by Jim Cramer and portfolio director Jeff Marks, revised for clarity and optimized for SEO. Let’s dive in! Question 1: Why do rising interest rates have a negative impact on technology stocks? …
Pavlo Gonchar | Lightrocket | Getty Images Discover the latest movers and shakers in midday trading. Media stocks saw a boost after the writers’ strike, which lasted nearly 150 days, finally came to an end. Warner Bros. Discovery and Paramount Global experienced a 2.5% surge in their stock prices, while Comcast witnessed a 0.9% increase. …
The Levi Strauss & Co. label is seen on jeans in a store at the Woodbury Common Premium Outlets in Central Valley, New York, on Feb. 15, 2022. Andrew Kelly | Reuters Explore the latest premarket movers. Sirius XM — The media company’s shares experienced a 2% decline in premarket trading. Liberty Media recently proposed …
Costco reported quarterly earnings that exceeded Wall Street’s expectations. Despite a decrease in sales of big-ticket items, the membership club saw an increase in shoppers purchasing groceries. This resulted in a rise in traffic to Costco’s stores, with a 5.2% increase worldwide and 5% in the U.S. However, the average transaction amount dropped by nearly …
The Salesforce West office building in San Francisco, January 25, 2023. Marlena Sloss | Bloomberg | Getty Images Discover the latest news on prominent companies after market hours. CrowdStrike — The cybersecurity stock experienced a 1% increase in after-hours trading. CrowdStrike surpassed analysts’ expectations in the second quarter, both in terms of revenue and earnings. …
Shoppers visiting Brickell City Centre in Miami, Florida on June 14, 2023, may have noticed a shift in the way companies are offering customer rewards. Airlines, retailers, and even companies like Dunkin’ and Sephora have become stingier with their perks, making it harder for customers to earn elite status, tightening return policies, and cracking down …
Every weekday, Jim Cramer’s CNBC Investing Club holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of the key moments from Tuesday’s session. 1. Health Care in Focus: The club’s holdings, Danaher (DHR) and GE Healthcare (GEHC), reported better-than-expected earnings before the bell on Tuesday. However, Danaher lowered its guidance, leading to …
Rafael Henrique | Lightrocket | Getty Images Walmart is lowering the cost of its subscription service for American customers who receive food stamps and other types of government assistance. The retailer aims to expand the program and has noticed increased price sensitivity among shoppers. Starting July 20, Walmart will offer a 50% discount on Walmart+ …
The Levi Strauss & Co. brand is prominently displayed on jeans at a store located in the Woodbury Common Premium Outlets in Central Valley, New York, USA, on February 15, 2022. Andrew Kelly | Reuters Here are the movers and shakers in the pre-market: Levi Strauss — The apparel retailer experienced a 7.7% decline after …
It is not uncommon for a company’s stock price to fluctuate significantly based on changes in its CEO. Mary Dillon, who had a successful tenure at Ulta Beauty, experienced a 20% increase in Foot Locker’s stock price when she was appointed as its CEO. This demonstrates the significant impact a CEO can have on a …