Investing

As better-than-expected earnings results drove the Dow Jones Industrial Average more than 500 points higher on Tuesday, paring last week’s losses, CNBC’s Jim Cramer became cautiously optimistic about the fate of the rally. “When the Fed bears are away, the stock bulls will play,” the “Mad Money” host said. “As long as the Fed doesn’t
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Luke Sharrett | Bloomberg | Getty Images Workers assemble semi trailers on the factory floor at the Wabash National Corp. manufacturing facility in Lafayette, Indiana. Finally, Cramer looked into why a top truck manufacturer at the “sweet spot of e-commerce” issued a wildly negative earnings preannouncement on Friday. Between a lack of new workers, rising
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Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a U.S.-based hemp company. Canopy Growth told investors its purchase of Evergreen, Colorado-based ebbu will “complement and accelerate” its ambitions to expand into new types of consumer products. At closing, Canopy Growth will pay 25 million
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The man who called the latest sell-off believes earnings hold the key to saving the year’s historic rally. According to Ned Davis Research’s Ed Clissold, the market is going through a panic reaction due to a change in the Federal Reserve’s posture on interest rates. Yet he also believes the damage will ultimately be contained
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Cramer also recruited technician Rob Moreno, the publisher of RightViewTrading.com and Cramer’s colleague at RealMoney.com, to get a better read on how investors should be looking at long-term interest rates — the ones the Fed doesn’t really control. “This market has three camps, three groups of money managers with very different worldviews,” Cramer said. In
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Florida patients with serious conditions like post-traumatic stress disorder are increasingly opting for medical cannabis over opioids, the CEO of the state’s first and largest fully licensed medical marijuana company told CNBC on Monday. “We’re seeing a huge transition,” Kim Rivers, the CEO of Trulieve, told “Mad Money” host Jim Cramer in an exclusive interview.
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Jason Janik | Bloomberg | Getty Images Robert Neely prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas, U.S., on Tuesday, June 16, 2009. Texas Instruments Inc., the second-largest U.S. semiconductor maker, reported sales and profit that beat analysts’ estimates on stronger demand
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Hedge fund investor Aaron Stern is a big believer in the German utility E.ON turnaround. E.ON’s “management team has engulfed in a multi-year transformation, which has been nothing short of spectacular but has yet to be rewarded by the market,” he said on CNBC’s “Worldwide Exchange” Wednesday. The investor said the company has sold off
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