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☆ A stock trader who's up nearly 200% this year shares the filter that finds high-conviction plays, and explains how he doubles down during earnings season using the same process
▼ + stars: | 2024-05-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

This time, he stuck to the spot market, both day trading and swing trading. AdvertisementHis next filter is stocks trading above $1 to avoid any really volatile penny stocks. All this is done before the stock market opens. He doubles down with this filter by using it during earnings season as well. He determined that $2.48 was a resistance point based on where selling pressure appeared during the previous month's chart.

Persons: James Hatzigiannis, William O'Neill, Hatzigiannis, Mark, Goverdhan Gajjala Organizations: Service, Nike, Business, BI, Photonics Corp, L3Harris Technologies, Rail, Systems Locations: Chicago

☆ Ukraine can still beat Russia. It just comes down to enough Western aid.
▼ + stars: | 2024-05-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +9 min

With 14 to 21 well-equipped brigades, Ukraine could eject Russian forces from all Ukrainian territory, according to an American expert. One is Ukraine amassing a sufficiently powerful ground combat force that can defeat the estimated 500,000 Russian troops in Ukraine. With Russian forces solidly dug in behind minefields and fortifications across eastern and southern Ukraine, that Baltic scenario bears similarities to the situation that Ukraine faces today. Given sufficient quantities of munitions, Ukraine could inflict enough losses to decisively attrit Russian forces that have already sustained an estimated 500,000 casualties. He started with a 2023 Estonian Ministry of Defense plan that laid out a roadmap for Ukraine to defeat Russia.

Persons: one's, Michael Bohnert, Bohnert, isn't, Chasiv, — Bohnert, they've, Andrei Belousov, Putin, Michael Peck Organizations: Service, Business, RAND Corp, RAND, US Army, NATO, Russian, Anadolu, Getty, Estonian Ministry of Defense, Atlantic, Storm, Bohnert, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, American, Russia, Russian, Baltic States, United States, U.S, Chasiv Yar, Estonian, Iraq, Afghanistan, Europe, America, China, Israel, Forbes

☆ Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-05-18 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. And the data has been mostly good, with 78% reporting a positive earnings surprise and 60% delivering a positive sales surprise. But we will get earnings from three portfolio companies, including one of our two "own, don't trade" stocks. In the week ahead, three portfolio companies will report results, while it will be fairly slow for economic data, except for a couple of housing reports. Earnings : After a week without earnings from any Club stocks, we'll get three this coming week.

Persons: Dow Jones, Dow, we'll, TJX, Blackwell, Li Auto, James Hardie, Ralph Lauren Corporation, Booz Allen, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Justin Sullivan Organizations: Wall, Federal Reserve, Dow, Nasdaq, CPI, Palo Alto Networks, Palo, TJX Companies, Nvidia, Nexxen, Alto Networks, Video Communications, Trip.com, James Hardie Industries N.V, Nordson Corp, Keysight Technologies, ZIM Integrated Shipping Services, Lowe's Companies, Eagle Materials, Toll, ViaSat, Urban Outfitters, Target Corp, Devices, Dorian LPG, Dycom, Golden Ocean Group, Petco, Wellness Company, Sonoma, WSM, VF Corp, Star Bulk Carriers Corp, LiveRamp Holdings, Chemical & Mining Co, Grupo Supervielle S.A, BJ's Wholesale, Technologies, TD Bank Group, Intuit, Ross Stores, Booz Allen Hamilton Holding, Mesa Laboratories, Jim Cramer's Charitable, CNBC, Intelligence, SAP Center Locations: Palo Alto, Williams, Chile, San Jose , California

☆ Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
▼ + stars: | 2024-05-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

"Lots to love next week, but, look, for many it's really just going to be about Nvidia," he said. Cramer said he's expecting a solid quarter from Macy's on Tuesday and that Lowes 's report that day should be well-received. Wednesday after the bell brings a report from Nvidia, which Cramer suggested is "perhaps the most important earnings report of the year." He noted that the company's last quarter was good, adding that the upcoming quarter could be more of the same. Cramer said he expects Deckers to have solid earnings as its running shoe brand, Hoka, continues to gain traction.

Persons: CNBC's Jim Cramer, Cramer, he's, Lowes, Ralph Lauren Organizations: Nvidia, Palo Alto Networks, Devices, Target, Williams, Walmart, V.F, Corp, Intuit, Ross Stores Locations: Macy's, Sonoma, Snowflake

☆ New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
▼ + stars: | 2024-05-17 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

"In the television show 'Seinfeld,' the character George [Costanza] falsely claimed to have interviewed for a job with the fictional company Vandelay Industries," the office noted. In the episode, the invariably hapless Costanza claims he was seeking a position as a latex salesman. Prosecutors said Sfraga promised victims investment returns as high as 60% in three months, but in reality used the money for his own benefit "to pay expenses, and to pay earlier victims and business associates." Sfraga, who lives in Brooklyn, pleaded guilty Thursday in Brooklyn federal court to wire fraud, prosecutors said. He faces a maximum possible sentence of 20 years in prison, in addition to being ordered to pay restitution of more than $1.3 million.

Persons: Thomas John Sfraga, George, Costanza, Sfraga Organizations: Vandelay Contracting Corp, Brooklyn U.S, Attorney's, Vandelay Industries, Prosecutors Locations: York, New York, Brooklyn

☆ Stephen Mandel’s Lone Pine Capital reveals new stakes in AI-related power producers
▼ + stars: | 2024-05-17 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Lone Pine Capital made new bets on some high-performing power producers and one big streaming company in the first quarter, a new Securities and Exchange Commission filing shows. Lone Pine, founded by Stephen Mandel in 1997, added a $446.7 million position in Vistra Corp. and a $161.9 million stake in Constellation Energy in the first quarter. Lone Pine also added new positions in drug and medical supplies distributor McKesson and mobile tech company AppLovin , worth about $368 million and $300 million, respectively. The new additions came as Lone Pine significantly cut its holdings in three big tech companies: Meta Platforms, Taiwan Semiconductor and Amazon . Microsoft is Lone Pine's third-largest position, trailing Taiwan Semiconductor, which Lone Pine reduced by 11%.

Persons: Lone Pine, Stephen Mandel, Mandel, Mark Zuckerberg, Philip Morris, Julian Robertson Organizations: Lone Pine Capital, Securities and Exchange Commission, Vistra Corp, Constellation Energy, Constellation, Taiwan Semiconductor, Microsoft, Meta, Philip Morris International, UnitedHealth Group, GE Aerospace, GE, Cubs Locations: Lone, Vistra, U.S, Greenwich , Connecticut, Meta

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Robinhood, Salesforce, Netflix, Roblox, Chevron, Walmart & more
▼ + stars: | 2024-05-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Nvidia as buy Bank of America said top pick Nvidia remains "compelling" heading into earnings next week. Bank of America reiterates Marvell as buy Bank of America said it's sticking with its buy rating heading into earnings later this month. " Citi reiterates Walmart as a top pick Citi said the stock remains a top pick following earnings. Chevron Corp. (CVX): Reiterate Constructive View on Inﬂecting FCF Generation and Relative Valuation; Buy with 13% Total Return." "Near-term caution is offset by our increasingly bullish medium-term outlook, where CRM is well positioned for GenAI & valuation remains undemanding."

Persons: Marvell, Roth, Ree, Roth MKM, it's, REE, Wells, Oppenheimer, Reddit, Goldman Sachs, Tesla, Goldman, BTIG, Baird, Jefferies, Morgan Stanley, Baidu, Wolfe, UAL, Cantor Fitzgerald, Cantor, Price, Stifel, Salesforce Organizations: Bank of America, Nvidia, Ree Automotive, EV, Netflix, Citi, OpenAI, Google, Walmart, Darden, Jefferies, DuPont, Macquarie, Stock, underperform Bank of America, Chevron, Chevron Corp, JPMorgan, Body, United Airlines, Price Target, Health, Base Locations: Thu, Olive, China, United, Underperform

☆ Your angry complaints to call centers may soon be soothed by AI
▼ + stars: | 2024-05-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Call center workers might not have to deal with angry customers for too much longer. SoftBank plans on using AI to make angry calls sound less aggressive. The Japanese firm is seeking to turn a customer's voice "into a calm conversational tone" with AI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementComplaints to call center workers are about to sound a lot less angry, and they have artificial intelligence to thank.

Persons: —, Masayoshi Organizations: Service, SoftBank Corp, Business

☆ Chubb is 'ideal fit' for Warren Buffett's investment style, says Deutsche Bank
▼ + stars: | 2024-05-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's purchase of a 6.4% stake in Chubb makes perfect sense as the insurer checks all the boxes of the Oracle of Omaha's investment criteria, according to Deutsche Bank. "We believe that Chubb is an ideal fit for Warren Buffett's investment philosophy, characterized by high-quality business with strong [returns on equity], a robust economic moat, a proven track record of compounding returns, and a distinguished management team," Deutsche Bank analyst Cave Montazeri wrote in a note to clients. Buffett's Berkshire Hathaway unveiled a $6.7 billion stake in Zurich-based Chubb in a new regulatory filing, ending months of speculation over the identity of the secret stock pick. Deutsche Bank said Chubb has a disciplined approach to underwriting and capital allocation and, in the near term, should benefit from earned pricing above loss costs, strong investment income and growth in its international operations. CB ALL mountain Chubb Deutsche Bank has a buy rating on Chubb and a 12-month price target of $278, implying a 10% gain from Wednesday's close of $252.97.

Persons: Warren Buffett's, Chubb, Warren, Cave Montazeri, Berkshire Hathaway, Montazeri, — CNBC's Michael Bloom Organizations: Oracle, Deutsche Bank, Berkshire, Securities and Exchange Commission, Chubb Deutsche Bank, ISI, Alleghany Corp Locations: Zurich, U.S, Omaha, Berkshire

☆ Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
▼ + stars: | 2024-05-16 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

(For example, federal student loan borrowers can pause their payments if they become unemployed, return to school or get cancer.) But advocates have fresh warnings now as the Biden administration reforms the federal student loan system. Millions more federal student loan borrowers could receive debt forgiveness in the coming months if Biden's revised relief package survives legal challenges this time. PSLF allows certain not-for-profit and government employees to have their federal student loans cleared after 10 years of on-time payments. (The rates on federal student loans for the 2024-2025 academic year will range from roughly 6.5% to 9%.)

Persons: Biden, Joe Biden, Biden's, who've, PSLF, I've, they'd refinanced, —, Yu, Mark Kantrowitz, Kantrowitz Organizations: U.S . Department of Education, Education Department, Public, Art Institute, Art, Education Management Corp, Valuable Education Locations: Mayotte, Iowa , Massachusetts, Pennsylvania

☆ Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Dell, GM, SunPower, Alphabet, Nio, Tesla, Exxon & more
▼ + stars: | 2024-05-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Wednesday: UBS reiterates Nvidia as buy UBS said it's standing by its buy rating heading into Nvidia earnings next week. Wells Fargo names Natera a top pick Wells said the fertilizer company is a new top pick at the firm. Morgan Stanley resumes Exxon as overweight Morgan Stanley resumed coverage of the stock and says it has "attractive growth at a compelling valuation." Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said it's bullish on shares of Palo Alto heading into earnings next week. Morgan Stanley names Dell a top pick Morga Stanley raised its price target on the stock and says it remains a best idea.

Persons: it's, Cantor Fitzgerald, Tesla, Canto, Tesla's, Wells, CTVA, KeyBanc, TD Cowen, Janus Henderson, Morgan Stanley, Palo, Bernstein, Mills, Campbell, underperform Bernstein, Wolfe, SunPower, Dell, Morga Stanley, Stephens, Truist, Oppenheimer, Will, DA Davidson Organizations: UBS, Nvidia, " Bank of America, Bank of America, Alphabet's, Google, JPMorgan, China, Deutsche Bank downgrades, Deutsche, Fair, Six, Sciences, NTR, Netflix, Energy, Palo Alto, Palo, Food, Tech, Barclays, General Motors, Holdings, ALC, Apple, Apple's Worldwide Developer's Conference, Will Apple, Walmart, D.A Locations: OW, Palo Alto, U.S

Six Flags stock has ticked up nearly 7% in 2024. The analyst reiterated an overweight rating on the stock as well as a $1,200 per share price target, implying more than 31% upside from Tuesday's close. The analyst has a buy rating on Nvidia with a $1,150 per share price target, or about 26% upside ahead. He also raised his price target on U.S.-listed shares to $5.40 per share from $4.80, though the new forecast calls for a 6% decline over the next year. NIO YTD mountain NIO YTD Lai had downgraded Nio to underweight in February due to slowing sales momentum.

Persons: Chris Woronka, Woronka, Brian Evans, John Vinh doesn't, NVDA, Vinh, Timothy Arcuri, Arcuri, — Brian Evans, Goldman Sachs, Alphabet's, Eric Sheridan, Sheridan, Oppenheimer, Jason Helfstein, GOOG, Helfstein, Brent Thill, Jefferies, Nick Lai, YTD Lai, Fred Imbert, ~$ ( ~$) Organizations: CNBC, JPMorgan, Deutsche Bank downgrades, Flags Entertainment, Deutsche Bank, Fair, Nvidia, Blackwell, UBS, Google, Gemini

☆ Florida A&M president says ‘missteps were made’ in handling of purported $237 million donation
▼ + stars: | 2024-05-15 | by ( Shawn Nottingham | ) edition.cnn.com time to read: +2 min

CNN —The president of Florida A&M University admits “misteps were made” in the handling of a purported $237 million stock gift to the school from a Texas businessman following concerns over the actual value of the donation. He also told the board of the school’s financial arm, the Florida A&M Foundation, that the school was pausing on the gift. The donation was put “on pause” after media reports and college board leaders raised concerns about the actual value of the stock gift — and the details surrounding the donor’s previous donations. South Carolina’s Coastal Carolina University had announced a $95 million donation from an anonymous donor, who then backed out months later. Dr. Shawnta Friday-Stroud, one of the signatories on an agreement between the university and Gerami accepting the gift, has since resigned as vice president of university advancement, according to Robinson.

Persons: “ misteps, Larry Robinson, “, ” Robinson, Gregory Gerami, Gerami, Shawnta, Robinson, Stroud, Kristin Harper Organizations: CNN, M University, Batterson Farms Corp, M Foundation, Politico, Carolina’s Coastal Carolina University, Myrtle Beach Sun News, School of Business, Industry Locations: Florida, Texas, Carolina’s, Stroud

☆ Palo Alto nears a key test that could break it out of Wall Street's penalty box
▼ + stars: | 2024-05-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Shares of Palo Alto plunged 28% on Feb. 21, a session after the company delivered a more cautious outlook for the rest of 2024. The shift in business strategy requires Palo Alto to give customers its new services and products for free to demonstrate their many benefits. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance 2. The Club is focused on how much industry spend is going to Palo Alto versus competitors, but we're not concerned about demand for the company's offerings. In this photo illustration the Palo Alto Networks logo seen displayed on a smartphone and on the background.

Persons: Morgan Stanley, Sellers, Nikesh Arora, Palo, We'd, it's, PANW, Arora, Jim Cramer, We've, nudging, Stephen Vintz, we're, Jim, Jim Cramer's, Rafael Henrique Organizations: Palo Alto Networks, Wall Street, Palo, Tech, Barclays, Palo Alto, billings, Wall, Alto Networks, UnitedHealth Group, Change, Healthcare, Club, Microsoft, Vans, Corp, Caesars Entertainment, Securities, Exchange, US Fed, CNBC, Networks, Getty Locations: Palo Alto, U.S, Palo, billings, Palo Alto's, Alto

☆ Harvard expert shares the No. 1 lesson to learn from Warren Buffett’s career: 'You can't be really successful' without it
▼ + stars: | 2024-05-14 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Warren Buffett's Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. "To be truly successful, to do anything great, you have to use your strengths,. "So I think you need both to be truly successful," he says. Find what motivates youThere are two types of motivation, George says: extrinsic motivation, like a comfortable salary, and intrinsic motivation, like enjoying a job where you get to help people every day. Becoming more successful can start with figuring out your own intrinsic and extrinsic motivations, says George.

Persons: Warren, Berkshire Hathaway, Warren Buffett, Bill George : Buffett, George, Zach Clayton, Buffett, Forbes, Buffett didn't, Hone Organizations: Mitsubishi Corp, Mitsui & Co, Sumitomo, Harvard University, Berkshire, Harvard Business School, CNBC

☆ Another subdued day for stocks. Here's our latest thinking on 4 portfolio names including a 'coiled spring'
▼ + stars: | 2024-05-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The Club stock is trading around $328 per share Tuesday, so it's hardly been a steep pullback thus far. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Tuesday's, Jerome Powell, James Saccaro, Stanley Black, Decker, Jim Cramer's, Don Allan, Jim, Eaton, We'll Organizations: CNBC, Bank of, GE Healthcare, Eaton Corp, Nvidia, Costco, Walmart, Target, Amazon, Jim Cramer's Charitable Locations: Amsterdam, U.S, China, Europe, America

☆ Apple supplier Foxconn's first-quarter profit jumps 72% but misses forecasts
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +1 min

Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the period a year earlier, but the growth was lower than expected. While the profit missed the T$29.31 billion forecast by analysts, it was Foxconn's third consecutive quarterly profit rise. In the first quarter, consumer electronics including smartphones accounted for 48% of its revenue while cloud and networking products, including servers, contributed 28%. Apple's quarterly results and forecast beat modest expectations this month, nd CEO Tim Cook said revenue growth would return in the current quarter. Foxconn's shares have risen 65% so far this year, driven by its rosy AI outlook, far outperforming a 17% gain for the broader market.

Persons: Foxconn, Tim Cook Organizations: Sharp Corp, Hai Precision Industry Co

☆ Disney+ will stream Caitlin Clark's WNBA debut in the platform's first live sports event
▼ + stars: | 2024-05-14 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The WNBA regular season opens Tuesday night with breakout star Caitlin Clark making her debut as point guard for the Indiana Fever. Following Clark's debut at 7:30 pm ET against the Connecticut Sun, Disney+ will stream the Phoenix Mercury vs. Las Vegas Aces matchup. Discovery's exclusive TV rights for NBA games is currently under negotiation. The WNBA's existing media rights deal expires in 2025. "They covet younger fans, and this is how younger fans view their sports these days, it is through streaming," Rishe told CNBC's "Worldwide Exchange" Tuesday.

Persons: Caitlin Clark, Destanni Henderson, Clark, It's, Engelbert, Patrick Rishe, Rishe, CNBC's, Lionel Messi Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, Indiana Fever, Disney, Connecticut Sun, Phoenix Mercury, Las Vegas Aces, ESPN, Warner Bros . Discovery, Fox Corp, Warner Bros, NBA, Sports Business, Washington University's Olin Business School, Apple, Major League Soccer, Apple TV Locations: Gainbridge, Indianapolis , Indiana, Iowa

☆ Citi makes the bull case for defense stocks and gives its favorite picks
▼ + stars: | 2024-05-13 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Wall Street is under-appreciating the growth outlook for the defense sector, according to Citi. Nonetheless, Citi remains confident in "the bull case for defense." Defense companies historically trade at a premium to the rest of the market when defense budgets grow, Gursky said. Here are some of Citi's favorite defense picks, all of which have a buy rating from the bank. Citi's $525 price target implies almost 12% upside from Friday's close.

Persons: Jason Gursky, Gursky, Leidos, Lockheed Martin Organizations: Citi, P Aerospace, Defense, Citigroup, Leidos Holdings, Lockheed, SAIC, International Corps Locations: Friday's

☆ How Mark Zuckerberg turned against the news
▼ + stars: | 2024-05-13 | by ( Kali Hays | ) www.businessinsider.com time to read: +13 min

Mark Zuckerberg held regular discussions in 2017 and early 2018 about how to make news on Facebook more trustworthy and reliable. "Giving people a voice is not enough without having people dedicated to uncovering new information and analyzing it," Zuckerberg wrote. Zuckerberg also considered a permanent subsidy through his philanthropy the Chan Zuckerberg Initiative. Murdoch and Zuckerberg's yearslong relationship, while never outright friendly, turned "tense, very tense," when Australia passed the NMBC, a person who worked with Zuckerberg said. When Canada passed a law similar to Australia's last year, Meta simply and decisively turned off news content on Facebook and Instagram.

Persons: Mark Zuckerberg, Donald Trump, Facebook's, Zuckerberg, He'd, Chan Zuckerberg, Tracy Clayton, it's, That's, Adam Mosseri, Mark, We're, Meta, Australia Zuckerberg, Rupert Murdoch, James Kennedy, Rod Sims, Murdoch, Lachlan, Zuckerberg's, Scott Morrison, Josh Frydenberg, Joel Kaplan, Campbell Brown, Frydenberg, I'm, Kali Hays Organizations: Facebook, Associated Press, Business, Meta, Google, News, News Corp, . News Corp, Fox, Cambridge, Capitol Locations: Meta, Canada, Australia, France, Germany, Myanmar, khays@businessinsider.com

☆ OpenAI gives a shoutout to Nvidia — plus, a new industrial stock joins our watchlist
▼ + stars: | 2024-05-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, it's, OpenAI, Mira Murati, Jensen Huang, We're, Jim's, Estee, Jim, Jim Cramer's Organizations: CNBC, Microsoft, Nvidia, Dover Corp, Clean Energy, Sustainability Technologies, Club, Vision, Bloomberg, Apple Vision, U.S, Jim Cramer's Charitable Locations: Illinois, Dover, U.S, China, Estee Lauder

☆ The restaurant stocks that are killing it in this market have one thing in common
▼ + stars: | 2024-05-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

When a company performs well and I interview its CEO on CNBC, I consider the stock's performance before fashioning my questions. Maybe the company had been poorly run and the guest is a new CEO who is turning it around. Once Wood picks a stock, that company can do no wrong, which is code for she can do no wrong. And take it from me, an old Mexican restaurant veteran, it travels better than any other restaurant chain. We should have just bought Dutch Bros. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: Albert Manifold, Rather, That's, Chris Gibson, Jensen Huang, Huang, Gibson, Cathie Wood, Wood, that's, Brinker, Chipotle, Chipotle execs, Taco Bell, isn't, Yum, McDonald's, Laxman Narasimhan, Howard Schultz, let's, Narasimhan, Joe, Locker, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: CNBC, Pharmaceuticals, Nvidia, ARK, Gallup, Darden, Diageo, Brands, KFC, Taco, Taco Bell, Texas, Starbucks, Management, Bros, Dutch Bros, Jim Cramer's Charitable, Starbucks Corp, Health, Education, Labor, Bloomberg, Getty Locations: United States, U.S, Dublin, Ireland, Europe, Texas, Olive, East, Israel, Washington , DC

☆ Inflation data commands center stage next week and provides a test for the market rally
▼ + stars: | 2024-05-11 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.

Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City

CNN —Florida A&M University is putting a purported $237.75 million donation “on pause,” after media reports and college board leaders raised concerns about the actual value of the stock gift—and the details surrounding the donor’s previous donations. South Carolina’s Coastal Carolina University had announced a $95 million donation from an anonymous donor, who then backed out months later. At an emergency board meeting on Thursday, FAMU board of trustee and foundation members expressed their concerns and frustration about the school’s vetting process involving Gerami’s donation. He referred questions to the university and agreed to answer CNN’s questions on the following day, but he couldn’t be reached. FAMU’s Special Board of Trustees, which oversees the full school and the foundation, has scheduled a meeting for May 15 to discuss the donation.

Persons: ”, Larry Robinson, It’s, Gregory Gerami, Robinson, Gerami, Deveron Gibbons, ” Gibbons, “, Gibbons, Kristin Harper, ” Harper, FAMU, Stroud, Terry Arnold Organizations: CNN, Florida, M University, Batterson Farms Corp, Politico, Carolina’s Coastal Carolina University, Myrtle Beach Sun News, FAMU Foundation, university’s, Trustees, Foundation Board, University Advancement Shawnta, FAMU Locations: Texas, Carolina’s, Florida

A federal judge in California dismissed a lawsuit filed by Elon Musk's X against Israel's Bright Data, in a case that involved the scraping of public online data and its appropriate uses. X, formerly Twitter, sued Bright Data, alleging the company "scrapes data from X" and sells it "using elaborate technical measures to evade X Corp.'s anti-scraping technology." He added that X was not "looking to protect X users' privacy," and was "happy to allow the extraction and copying of X users' content so long as it gets paid." Bright Data says it only scrapes publicly available data that's visible to anyone without a login. At the time of the suit's filing, X made the information Bright Data scraped available to anyone.

Persons: Elon Musk's, X, William Alsup, X didn't, Meta Organizations: Israel's, Twitter, Bright Data, X Corp, LinkedIn, Bright, Data, Meta Locations: California, U.S, Texas, Dallas County

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