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The industrial-focused names in the Club's portfolio wrapped up a pretty solid earnings season last week, but their stocks were largely not rewarded. AI spending First, a surge in AI investments was welcomed news for Eaton, DuPont and Linde. "Everything was about as perfect as you can get this quarter," Jim Cramer said after the print. LIN YTD mountain Linde (LIN) year-to-date performance Linde posted mixed a quarterly Thursday — an earnings beat but a revenue miss. Destocking Destocking, or whittling down excess inventory, was important at Stanley Black & Decker, DuPont, and Honeywell.
Persons: toolmaker Stanley Black, Linde, DuPont, Eaton, Craig Arnold, Jim Cramer, Ed Breen, Jim, Sanjiv Lamba, Stanley Black, Decker, Wall, SWK, destocking, Vimal Kapur, Kapur, Lamba, Matthew White, Price, we're, Jim Cramer's Organizations: Honeywell, Eaton, DuPont, Linde, Electrical, workloads, Club, de Nemours, Management, LIN, The, Stanley, Supply, Technologies, CNBC, Power Locations: Eaton, U.S, Pleasanton , California
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "There's a lot of data that's been hot, but we know there's rot underneath," Jim Cramer said, citing Tuesday's weaker-than-expected consumer confidence numbers. 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, Jerome Powell, Powell, Dupont, Ed Breen, Jim, Estee Lauder, We're, Jim Cramer's Organizations: CNBC, Federal, Fed, Dupont De, DuPont Locations: U.S, Dupont De Nemours
Even better, management signaled that the chemical company is moving past most of the destocking headwinds that plagued it this year. Net sales declined roughly 3% year over year to $2.9 billion, beating expectations of $2.8 billion, according to LSEG. Quarterly results Organic sales in the Electronics & Industrial business declined 2% year over year, with volume and prices both down 1%. And in Shelter Solutions, the destock looks complete after sales were flat in the first quarter and expected to rise sequentially in the second quarter. This new outlook reflects a continued electronics recovery and some easing of channel inventory destocking in industrial-based businesses.
Persons: we're, Ed Breen, Breen, Jim Cramer's, Jim Cramer, Jim, Dupont, Mark Makela Organizations: DuPont, PPG Industries, Industrial Technologies, Automotive, Electronics & Industrial, Semiconductor Technologies, DuPont's, Taiwan Semi, Samsung, Safety Solutions, Water Solutions, Solutions, CNBC, Getty Locations: bottoming, Taiwan, biopharma, Kalrez
Following the trade, Jim Cramer's Charitable Trust will own 800 shares of DD, decreasing its weighting to 1.93% from 2.09%. When we made the purchase back then, DuPont shares were trying to bounce back from their January plunge , which came after the chemical maker issued weak guidance for 2024. 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: Dupont, Jim Cramer's, Ed Breen, Jim Cramer, Jim Organizations: DuPont, Barclays, CNBC Locations: China
In the Nvidia halo, Jim Cramer likes ServiceNow , and of the semiconductor capital equipment makers he says Lam Research is the best. Looking to pick up PANW: Jim Cramer says the Palo Alto Networks sell-off is still overdone by about 25 points. 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, Eaton, ServiceNow, Lam, Ed Breen's, Cramer, Breen, Jim Cramer's, Jim, David Paul Morris Organizations: CNBC, Nvidia, Nasdaq, Broadcom, Microsoft, Lam Research, Palo Alto Networks, DuPont, Barclays Industrials, Coterra Energy, Intuit, Warner Bros Discovery, Jim Cramer's Charitable, Bloomberg, Getty Locations: We're, DuPont, Santa Clara , California
Dolly Parton says there are plans to reboot "Buffy the Vampire Slayer." Advertisement"Buffy the Vampire Slayer" could be returning to screens, according to Dolly Parton. Online USA/Stringer/Getty ImagesAccording to The Hollywood Reporter, Fran Rubel Kuzui first attempted to reboot "Buffy" with a new movie in 2009. In 2018, Whedon and producer and screenwriter Monica Owusu-Breen collaborated on a proposed "Buffy" reboot with a Black lead, reported Deadline. "I have to give more people more credit on 'Buffy the Vampire Slayer' than me.
Persons: Dolly Parton, Parton, , Sarah Michelle Gellar, Sandy Gallin, David Boreanaz, They're, Kristy Swanson, Fran Rubel Kuzui, Kaz Kuzui, Joss, Stringer, Whedon, Monica Owusu, Breen, Owusu, Indira, Laya DeLeon Hayes, James Marsters, Anthony Head, Charisma Carpenter, Juliet Landau, Emma Caulfield, Amber Benson, James Charles Leary, Danny Strong, Duncan Hines, Conagra Organizations: Sandollar Television, Service, Sandollar Productions, Sandollar, Kuzui Enterprises, Productions, Century Fox Television, Hollywood, Twitter, BI, Conagra Brands Locations: Nashville, Los Angeles
TRIPPING ON UTOPIA: Margaret Mead, the Cold War, and the Troubled Birth of Psychedelic Science, by Benjamin BreenHalfway through “Tripping on Utopia: Margaret Mead, the Cold War and the Troubled Birth of Psychedelic Science," the historian Benjamin Breen presents a tantalizing hypothetical, one that would have had an inestimable impact on culture, medicine and perhaps the whole of civilization had it come to pass: What if, in the mid-1950s, Margaret Mead had publicly endorsed psychedelics? It’s not as outrageous a proposition as it may sound. The pioneering anthropologist “made studying LSD something close to her full-time job” in the summer of 1954. Though we don’t know about her own experience with the drug, Mead was surrounded by researchers and users who enthused about the nonaddictive, liberatory, insight-generating potential of acid and mescaline, and she had written about the “curative properties” of peyote two decades prior while studying the Omaha people.
Persons: Margaret Mead, Benjamin Breen Halfway, Benjamin Breen, psychedelics, , , Mead Locations: Omaha
CAT YTD mountain Caterpillar YTD Caterpillar shares have been on a wild ride this year — trending higher initially and then sinking into late spring; ripping higher to records and hitting another rough patch. DD YTD mountain DuPont YTD DuPont is levered to housing, which we all feel better about after last Wednesday's Fed meeting. ETN YTD mountain Eaton YTD Since our November meeting, we swapped out Emerson Electric for Eaton because we didn't trust Emerson after a one-two punch of a hostile takeover and a not-so-hot quarter. HON YTD mountain Honeywell YTD Honeywell recently bought a terrific industrial security business from Carrier for $4.95 billion. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Ed Breen, Breen, that's, Emerson, Eaton, It's, Carrier, Vimal Kapur, Kapur —, Linde, We're, Linde's, I'm, Decker, Stanley Black, Stanley, SWK, Jim Cramer's, Jim Cramer, Jim Organizations: CNBC, Caterpillar, CAT, DuPont YTD DuPont, Fed, DuPont, Emerson, Broadcom, Honeywell YTD Honeywell, Carrier, Honeywell, LIN, Nasdaq, Linde, Exxon, ETN, Eaton Corporation, NYSE Locations: U.S, Eaton, Emerson
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. If we get a sell-off in January, Eaton is a logical place to look to buy, Jim said. Procter & Gamble : It's possible that 2024 is a better year for P & G the company than P & G the stock, Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, they'll, we've, there's, he'd, Dupont De, Ed Breen, Danaher, Walt Disney, Bob Iger, Trian's Nelson Peltz, Estee Lauder, Bausch, we're, Eaton, Mary, Eli Lilly's, he's, Vimal Kapur, Kapur, We've, Eli Lilly, Mark Zuckerberg, Morgan Stanley, Morgan, Elliott, Stanley Black, Decker, TJ Maxx, Charlie Scharf, it's, Jim Cramer, Virginia Sherwood Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Broadcom, VMWare, Bausch, Bausch Health, Charitable Trust, Caterpillar, Federal, Costco Wholesale, Coterra Energy, Dupont De Nemours, Fed, Walt, Eaton Corporation, Ford, GE Healthcare, Google, Honeywell, New, Facebook, Meta, Reality Labs, Microsoft, Activision Blizzard, Nvidia, AMD, Apple, Palo Alto Networks, Procter & Gamble, Constellation Brands, Elliott Management, Constellation, Modelo, Corona, Street, TJX, TJ, Wynn Resorts, Jim Cramer's Charitable, NYSE Locations: hospitalizations, China, U.S, Palestine, Wells Fargo
10 industry leaders transforming business in 2023
  + stars: | 2023-12-11 | by ( ) www.businessinsider.com   time to read: +20 min
In 2023, Business Insider's annual list of People Transforming Business highlights key players across the advertising, ESG, finance, AI, and labor sectors. Increasingly, they're turning to more opaque private credit markets to borrow money. The world of private credit sits outside the traditional banking system. Analysts expect the private credit market to balloon in size — likely keeping lawyers like Breen very busy. Muthukrishnan is trying to make sense of how risky these private credit loans are by overseeing what is so far the most comprehensive look at vulnerabilities in the industry.
Persons: Mira Murati, who's, Vince Toye, Eileen Fisher, Eileen Fisher Fisher, Guerin Blask, Eileen Fisher Eileen Fisher, she's, Fisher, Janelle Jones, Jones, Lexey, , She's, Justin Breen, Proskauer Breen, Proskauer Justin Breen, he's, Breen, Ares Capital, He's, McLaren, Julie Su, Labor Julie Su, Department of Labor Julie Su, Su, Marty Walsh, Murati, Jim Wilson, Neal Mohan, YouTube Mohan, Katie Thompson, YouTube It's, YouTube isn't, Mohan, Muthukrishnan, Satya Nadella, Microsoft Satya Nadella, Ben Kriemann, Nadella, Steve Ballmer, Mathias Döpfner, Axel Springer, Tim Cook, Apple Cook, Justin Sullivan, Cook, Steve Jobs, Jobs, JPMorgan Chase Toye, JPMorgan Chase, Toye, they'll, Vince Toye's, Bella Sayegh, Rebecca Ungarino, Lara O'Reilly, Juliana Kaplan, Alex Nicoll, Tim Paradis, Stephanie Hallett, Michelle Abrego, Josée Rose, Ryan Joe, Emily Canal, Kaja Whitehouse, Alyssa Powell, Davis, Jonann Brady Organizations: JPMorgan, Service Employees International, SEIU, New York, Ford, Service Employees International Union, United Auto Workers Union, Spelman College, US Department of Labor, Economic Policy Institute, Center for Economic, Research, Department of Labor, The New York Times, Ares, Churchill Asset Management, European, Atlético Madrid, Labor, Labor Department, MacArthur Foundation, New York Times, Dartmouth, OpenAI, Associated Press, YouTube, NFL, DirecTV, Federal, Microsoft, Manipal Institute of Technology, University of Wisconsin -, University of Chicago, Apple, Apple Watch, Google, Time, JPMorgan Chase, National Housing Trust, Trenton Almgren Locations: McDonald's, Lorain , Ohio, Atlanta, California, Los Angeles, Albania, Canada, Muthukrishnan, Hyderabad, India, University of Wisconsin - Milwaukee, OpenAI, Virginia, Wells Fargo, Trenton
Following Monday's trade, Jim Cramer's Charitable Trust will own 870 shares of DD, increasing its weighting to 2.15% from 1.78%. To be fair, the stock deserved to be dinged because it was a mixed quarter from the chemical and material manufacturer. While Q3 beat estimates on EBITDA (earnings before interest, taxes, depreciation, and amortization), the company lowered its full-year outlook below Street expectations, mostly to reflect some ongoing softness in consumer electronics demand and slower water demand in China. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, DuPont, underwhelmed, Ed Breen, Jim Cramer, Jim, Edward Breen, Brendan McDermid Organizations: DuPont, DD, Qualcomm, Devices, Protection, CNBC, New York Stock Exchange Locations: China
"Make me look sexy," Donald Trump Jr. told a courtroom illustrator after he finished testifying Thursday. The ex-president's son pointed out an image of Sam Bankman-Fried as inspiration. "He said, 'Make me look sexy,'" illustrator Jane Rosenberg told Insider. Eric Trump and Donald Trump Jr., both executives at the company, are co-defendants and testified this week. On the witness stand, Trump Jr. said he had no involvement in preparing documents about the Trump Organization's finances, even though he signed off on them.
Persons: Donald Trump Jr, Sam Bankman, Jane Rosenberg, , Donald Trump, Rosenberg —, who's, Tom Brady, Harvey Weinstein —, Trump, Rosenberg, Sam Bankman Fried, 8l7Nn0zCN2 — Tom Breen, @TJBreen, Kimberly Guilfoyle, Letitia James, Eric Trump, Fried, Lewis Kaplan, Kaplan Organizations: Service, Trump Organization, Trump Jr, Reuters, New York, Trump, Alameda Research Locations: New York, Manhattan, Alameda
But we remain optimistic the specialty chemicals company's electronics business will turn next year, leading to revived growth. At the same time, DuPont raised concerns about its water and safety solutions business due to ongoing destocking and a weaker China. The electronics and industrial segment is comprised of three subunits: semiconductor technologies, interconnect solutions and industrial solutions. Guidance DuPont shaved its full-year net sales outlook to about $12.17 billion, from a previous range of $12.45 billion to $12.55 billion. The company cited additional channel inventory destocking and slow industrial demand in China, mostly in its water solutions business, for its revised guidance.
Persons: Ed Breen, DuPont, Jim Cramer's, Jim Cramer, Jim, Edward Breen, Brendan McDermid Organizations: DuPont de Nemours, DuPont, Spectrum Plastics, CNBC, New York Stock Exchange Locations: China
Rivers asked, "let the season go on, and I’ll find that out. Political Cartoons View All 1218 ImagesAt least one ESPN executive believes Rivers' won't be returning to the coaching ranks anytime soon. I think it’s going to be a lot of fun.”As for what to expect this season, Rivers has defending champion Denver as the favorite. Rivers still has a desire to be competing for another NBA title. His most significant coaching success came in Boston when he led the Celtics to the NBA title in 2008 during his nine-year tenure.
Persons: Doc Rivers, Rivers, , Mike Breen, Doris Burke, , David Roberts, ESPN’s, “ There’s, Hey, Doc, , James Harden's, Joel Embiid, Joel, ” Rivers, Burke, Jeff Van Gundy, Mark Jackson, Jeff, ” Breen, Breen, “ Doc, Bradley Beal, Devin Booker, Kevin Durant, Paul Pierce, Ray Allen, “ It’s, Damian Lillard, I’ve Organizations: Orlando Magic, Turner Sports, ESPN, NBA, ABC, Orlando, Sixers, Denver, Boston, Boston -, Celtics, Bucks, Eastern Conference, Milwaukee, Los Angeles Clippers Locations: Orlando Magic, Philadelphia, Phoenix, Boston, Milwaukee, Boston - New York, , Portland
Opinion: Uncomfortable reality for Biden
  + stars: | 2023-10-22 | by ( Richard Galant | ) edition.cnn.com   time to read: +18 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. He didn’t live to see the allies’ victory in World War II that year or the conference in San Francisco that month that established the United Nations. But his diplomatic efforts to meet with Arab leaders came undone after a devastating explosion at a hospital in Gaza. Biden himself initially supported the US 2003 war in Iraq only to end up as the president who ordered the US pullout of Afghanistan. “This is the politics that Donald Trump’s rhetoric has wrought among his supporters in the Republican Party,” wrote Avlon.
Persons: Franklin D, Roosevelt, Joe Biden, FDR, , ” Biden, Steve Breen, GoComics.com Biden, Seth Moulton, , David Petraeus, , Petraeus, Moulton, Shmuel Rosner, “ Israel, Biden, David Mark, Donald Trump, Gaza Hani Almadhoun, ” Yasmine Mohammed, Will Heath, Pete Davidson, Dean Obeidallah, Davidson, ” Obeidallah, ” Wadea, Khaled, Wadea’s, Mukesh Kapila, Frida Ghitis, Nicole Hemmer, Michael, Peter Bergen, Israel, ” Bergen, “ Khaled Hroub, , ” Hroub, what’s, ” Jim Jordan flunks, Nick Anderson, Jim Jordan, Julian Zelizer, “ Jordan, MAGA, Trump, shutdowns, Jordan, , ” Zelizer, ” John Avlon, Jake Tapper, Donald Trump’s, Utah Sen, Mitt Romney, Cupp, Bill Bramhall, Trump Sidney Powell, Powell “, Jennifer Rodgers, ” Clay Jones, Kenneth Chesebro, Rudy Giuliani, John Eastman, Jack Smith, Trump’s, Jill Filipovic, “ It’s, , Don’t, Scott Stantis, David Goldblatt, Amy Bass, Mary Lou Retton, Amy Klein, Glock, homebuyers Holly Thomas, Frasier ’, Richie Hofmann, Lily Gladstone, Leonardo DiCaprio, Niro, DiCaprio, Scorsese, David Grann’s, White, Noah Berlatsky, “ Martin Scorsese, Robert De Niro Organizations: CNN, United Nations, UN, Arab, Marine Corps, Democratic, Twitter, Facebook, Republican, Capitol, United Nations Relief, Works Agency, , NBC, New York City, World Trade, Chicago, Hamas, Tribune, Trump, Tea Party, Republican Party, GOP, Utah, Republicans, Agency, White Locations: Warm Springs , Georgia, San Francisco, United, United States, Soviet Union, United Kingdom, China, Ukraine, Israel, America, Gaza, What’s, Massachusetts, Iraq, “ Israel, Afghanistan, Iraqi, Najaf, Iran, Lebanon, , New, Geneva, Palestinian, Fulton County , Georgia, Hollywood, Oklahoma
Following Thursday's trade, Jim Cramer's Charitable Trust will own 720 shares of DD, increasing its weighting in the portfolio to 1.93% from 1.76%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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's, hasn't, Ed Breen, Jim Cramer, Jim Organizations: DuPont de Nemours, DD, Nemours, DuPont, CNBC
It can be a nutritious food, an alternative to plastic, restore our oceans and could even help tackle climate change. UliU/iStockphoto/Getty Images Seaweed has become popular in Western baking in recent years. James MacDonald/Bloomberg/Getty ImagesBut just as we are recognizing its untapped potential, seaweed is becoming increasingly vulnerable. California, Norway and Tasmania have all lost more than 80% of their kelp in recent years, the result of climate change, pollution and overfishing. If we learn to sustainably cultivate our ocean, we can contribute to feeding the entire global population while mitigating climate change and restoring biodiversity.
Persons: Vincent Doumeizel, Derek Davis, Dixie, Prannie Rhatigan, Rhatigan, Kate Waters, Natasha Breen, Jun Lee, Jonas Gratzer, James MacDonald Organizations: United Nations, Food, Lloyd’s Register, CNN, Southside Bakery, Portland Press Herald, Washington Post, University of Queensland, Bloomberg, Legend Press Locations: Portland, US, Washington , DC, Asia, Seoul, South Korea, Australia, Jakarta, British Columbia, Canada, California, Norway, Tasmania
REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 21(Reuters) - Industrial materials maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell an 80.1% stake in its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, in a deal that values the business at about $1.8 billion. It will also own a 19.9% non-controlling interest in the unit, which the company had been looking to divest since February last year. The company sold most of its mobility and materials business to Celanese (CE.N) for $11 billion last year. However, it also suffered a setback last year as Chinese regulatory hurdles forced it to scrap the $5.2 billion acquisition of engineering materials maker Rogers (ROG.N). Earlier this year, peers Univar Solutions(UNVR.MX) and Chase Corp(CCF.A) had been taken private by Apollo Global Management and KKR, respectively.
Persons: Denis Balibouse, DuPont De, Ed Breen, Rogers, Sourasis Bose, Pooja Desai Organizations: REUTERS, DuPont, DuPont De Nemours, Jordan Company, ED, Chase Corp, Apollo Global Management, KKR, Thomson Locations: Dupont, Geneva, Switzerland, Celanese, Bengaluru
A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 21(Reuters) - Chemical maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell 80.1% of its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, for about $1.6 billion. It will also own a 19.9% non-controlling interest in the unit, which the company had been looking to divest since February last year. It sold most of its mobility and materials business to Celanese (CE.N) for $11 billion last year. However, it also suffered a setback last year as Chinese regulatory hurdles forced it to scrap the $5.2 billion acquisition of engineering materials maker Rogers (ROG.N).
Persons: Denis Balibouse, DuPont De, Rogers, Sourasis Bose, Pooja Desai Organizations: REUTERS, DuPont, DuPont De Nemours, Jordan, ED, Thomson Locations: Dupont, Geneva, Switzerland, Celanese, Bengaluru
In an up-and-down market since our July Monthly Meeting, we added two stocks to our portfolio: an industrial name and an emerging cloud play. The business software giant is emerging as a cloud infrastructure name that has really come on as of late. For years, Oracle lagged behind the likes of Amazon Web Services, Azure, and Google Cloud, but the company hit a turning point when it launched its second-generation cloud infrastructure offering, called Oracle Cloud Infrastructure Generation 2, or OCI Gen 2, in the summer of 2020. Total cloud revenue growth surged to 54%, with 45% growth for Cloud Applications and 76% growth for Cloud Infrastructure. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, I'm, Ed Breen, DuPont, Rogers, Dupont, Jim Cramer's, Jim, Spencer Platt Organizations: Oracle, DuPont, Amazon Web Services, Google, Oracle Cloud Infrastructure, Nvidia, Cloud Infrastructure, Management, Microsoft, Federal Reserve, Rogers Corporation, CNBC, Traders, New York Stock Exchange, Getty Locations: China, DowDuPont, New York City
China's slowing economy is chipping away at some American companies' revenues. China's July economic report didn't mention youth-unemployment statistics after it soared to 21.3% in the second quarter, citing economic and social changes. While Chinese manufacturing and construction are struggling to recover, some American companies with strong ties to China are also feeling the effects. Dow's rival DuPont also reported a drop in China sales from existing operations, a 14% year-over-year fall. To be sure, some American companies have performed well in China over the past few months.
Persons: Gamble, Stephen Williamson, Danaher, Rainer Blair, Howard Ungerleider, Edward Breen, Marriott Organizations: DuPont, Danaher, Procter, Service, Citigroup, Intel, Toyota, Nissan, Apple, Starbucks, Street Journal, Monetary Fund Locations: China, Wall, Silicon, American, Ohio, Greater China, Beijing
There are five stocks I would buy right now if I were just joining the Club, or had come into some new money. And Dupont has a ton of cash to buy back stock while it happens. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: Jerome Powell, Powell, Ed Breen, Dupont, Danaher, Eli Lilly, Vimal Kapur, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: Club, DuPont de Nemours, GE HealthCare, Honeywell, Boeing, General Electric, GE, Airbus, SWK, CNBC, US Federal Reserve, Market, Bloomberg, Getty Locations: GEHC, Washington , DC
Following Monday's trade, Dupont will have a 1% weighting in Jim Cramer's Charitable Trust, the porfoltio we use for the Club. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Traders work on the floor of the New York Stock Exchange (NYSE) on August 02, 2023 in New York City.
Persons: Dupont, Jim Cramer's, DuPont, it's, repurchased, There's, Ed Breen, Jim Cramer, Jim, Spencer Platt Organizations: DuPont, Jim Cramer's Charitable Trust, Club, DuPont Electronics &, Devices, Rogers Corporation, Rogers, JPMorgan, CNBC, Traders, New York Stock Exchange, Getty Locations: China, Celanese, New York City
All of Breen’s films seem clearly to mean something, and watching them, one’s suspension of disbelief is constantly threatened by strange directorial choices. “Pass-Thru” culminates in his darkest sequence, with Thgil — another of the messianic aliens in which Breen specializes — walking toward the horizon’s vanishing point. “Fateful Findings,” which I and many others consider Breen’s most deranged film, exemplifies the tonal stiltedness and libertarian rage that pervades his work. For many audiences the natural response to Breen’s films is laughter. Breen plays a double role, twins Cale and Cade, bestowed at birth with superhuman powers and pitted against each other with potentially world-changing consequences.
Persons: Thgil, Breen, Thgil —, , , Tommy Wiseau, Ed Wood, Wood, Cale, Cade Organizations: Media, West Coast Locations: West Hollywood, Calif, Las Vegas, Chicago
The stock we're adding first is DuPont (DD). In conjunction with the transaction, DuPont was in the process of selling its Mobility & Material (M & M) business to Celanese for $11 billion in cash. 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: we'll, DuPont couldn't, Rogers, Celanese, that's, Steve Tusa, Ed Breen, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, DuPont, Investing, Rogers Corporation, Federal Reserve, JPMorgan's, Industry, CNBC, New York Stock Exchange, Bloomberg, Getty Locations: Celanese, China, New York
Total: 25