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? …
Cold and flu medicine including Nyquil sits on a store shelf on September 12, 2023 in Miami, Florida. Joe Raedle | Getty Images The main ingredient used in many popular over-the-counter cold and allergy medications does not actually work to alleviate nasal congestion, as declared by an advisory panel to the Food and Drug Administration …
Illustration photo of the Starbucks logo on a cup at the airport in Charleroi, Belgium on July 27, 2023. Photo by Jakub Porzyck/Nurphoto/Getty Images Starbucks reported better-than-expected quarterly earnings on Tuesday, although its same-store sales fell short of Wall Street’s estimates. However, the company maintained its fiscal 2023 outlook during the conference call. Starbucks is …
Tide laundry detergent is showcased in Compton, California, U.S., January 10, 2017. Mike Blake | Reuters Procter & Gamble announced better than expected quarterly earnings and revenue on Friday. The positive results were driven by price increases for products like Crest toothpaste and Pampers diapers. However, the company’s outlook for fiscal 2024 sales did not …
Intel shares rose by 6.7% following the release of their better-than-expected second-quarter results, marking a return to profitability after two consecutive losing periods. The company’s third-quarter forecast also surpassed analyst predictions. Intel reported adjusted earnings of 13 cents a share on revenues of $12.95 billion. Roku’s stock rallied nearly 10% after reporting a narrower-than-expected loss …
Get ready for your trading day with these important news updates: 1. Dow Jones Engages in Strong Momentum Ahead of Fed Announcement As the new trading week begins, stock futures are showing a slight upward trend. The Dow Jones Industrial Average concluded last Friday with minimal gains but managed to achieve its longest winning streak …
Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything …