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☆ Cramer points to signs the economy is slowing that could bring rate cuts from the Fed
▼ + stars: | 2024-04-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer admitted it's been hard to "parse this economy," but on Tuesday he pointed to signs that it is slowing down, looking at several recent weak earnings reports and new U.S. manufacturing and services data. While some companies are posting positive financial reports, Cramer said earnings have become "spotty." He also said home furnishing retailer RH 's business was hurt by high rates and a lack of new home sales. "Real bad news for the economy," Cramer said. "But remember, we need bad news for the economy because that's what cools off inflation — something that's also noted in this PMI report."

Persons: CNBC's Jim Cramer, it's, Cramer, CarMax, that's, RH Organizations: PMI, Global

☆ Here are Thursday's biggest analyst calls: Tesla, Nvidia, Apple, Amazon, eBay, Zoom, JetBlue, BJ's & more
▼ + stars: | 2024-04-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are initiating coverage of Samsara (IOT) with a Buy rating and $42 price target." Deutsche Bank adds a catalyst call buy on Estee Lauder Deutsche added a short-term buy rating on shares of the beauty giant. Bernstein reiterates Apple as market perform Bernstein said it's getting more "constructive" on Apple shares but is sticking with its market perform rating for now. "We are initiating coverage of AES with a Buy rating and $21PT. "We are initiating coverage on shares of Beacon Roofing Supply (BECN), a leading roofing products distributor in the United States, with a Buy rating and $135 PT."

Persons: Goldman Sachs, Goldman, Oppenheimer, JPMorgan, Lauder Deutsche, Mizuho, TD Cowen, Cowen, it's, Bernstein, Jefferies, Kite, Kite Realty Jefferies, GE Vernova, Tesla, Needham, Andy, BTIG, Davidson, Barnes, Morgan Stanley downgrades, Morgan Stanley, Etsy, Rosenblatt, Swift, Janney Organizations: Bank of America, Cisco Systems, Goldman Sachs, P, JPMorgan, JetBlue, Bancorp, SPT, Oracle, Deutsche Bank, Linde, Mizuho, LIN, Nvidia, Apple, Kite Realty, GE, Metro NY, SSS, Deutsche, Infrastructure, FTAI Infrastructure, BMO, New, AMC, Barnes Group, AES Corporation, AES, eBay, EBAY, UW, ZS, Comcast, CNBC, Benchmark, Beacon Locations: New York City, OW, United States

☆ Thursday’s rapid fire: Nike, Vertex Pharmaceuticals, CarMax, Airbnb, Visa and Mastercard
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday’s rapid fire: Nike, Vertex Pharmaceuticals, CarMax, Airbnb, Visa and MastercardCNBC’s Jim Cramer on Thursday offered his rapid-fire takes on Nike, Vertex Pharmaceuticals, CarMax, Airbnb, Mastercard and Visa.

Persons: Jim Cramer Organizations: Nike, Vertex Pharmaceuticals, Visa, Mastercard, Airbnb

☆ Three Stock Lunch: CarMax, Constellation Brands, and Zions Bancorp
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree Stock Lunch: CarMax, Constellation Brands, and Zions BancorpDavid Trainer, New Constructs CEO, joins 'Power Lunch' to give Trainer's investing take on three stocks: CarMax, Constellation Brands, and Zions Bancorp.

Persons: David Organizations: Constellation Brands, Zions, Zions Bancorp

☆ Jim Cramer shares his thoughts on Nike, Vertex Pharmaceuticals, CarMax, Airbnb, Visa and Mastercard
▼ + stars: | 2024-04-11 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Nike : Analysts at Bank of America upgraded Nike to a buy rating. I think that's true, but don't pay up $2 for it," Jim Cramer said. "That's used car prices coming down," Cramer said, referring to one challenge the company faced in the quarter. Visa , Mastercard : TD Cowen's financial technology and consumer finance analysts initiated joint coverage of Visa and Mastercard with buy ratings. I think it's not resonating because these stocks are stocks that trade over time; they don't trade on a given day," Cramer said.

Persons: Jim Cramer's, They're, Jim Cramer, you've, Cramer, Needham Organizations: CNBC, Club, Nike, Analysts, Bank of America, Vertex Pharmaceuticals, Sciences, CPI, Benchmark, Visa, Mastercard Locations: Boston

☆ Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more
▼ + stars: | 2024-04-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Nike — Shares added 2% following an upgrade at Bank of America to buy from neutral. Alpine Immune Sciences — Shares of Alpine Immune Sciences soared nearly 37% after Vertex Pharmaceuticals said it will buy the company for about $4.9 billion in cash. The deal values Alpine stock at $65, about 67% above its close on Tuesday, the day before Bloomberg reported Alpine was considering its options. Vera Therapeutics — The stock jumped more than 10% following the announcement of the Vertex/Alpine deal. Atlassian — Shares jumped 4% after being upgraded at Barclays to overweight from equal weight.

Persons: Robinhood, Vera Therapeutics, Berenberg, DoorDash, Alex Harring, Sarah Min Organizations: LSEG, Revenue, Nike —, Bank of America, Citi, Constellation, Modelo, Constellation Brands, Immune Sciences, Vertex Pharmaceuticals, Bloomberg, Barclays, CNBC Locations: Vera, Albemarle

☆ Welcome to the Masters, a staple of the billionaire's social calendar
▼ + stars: | 2024-04-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.

Persons: —, Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London

☆ Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more
▼ + stars: | 2024-04-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

CarMax — The used vehicle seller tumbled 13% after reporting fourth-quarter earnings of 32 cents per share on revenue of $5.63 billion. Analysts had expected earnings per share of 49 cents on revenue of $5.80 billion, according to LSEG, formerly known as Refinitiv. Nike — The athletic apparel maker added 3.2% after Bank of America upgraded Nike to buy from neutral. The deal values Alpine shares at $65, roughly 67% above its close on Tuesday, the day before reports that Alpine was considering its options. Atlassian — Shares rose 3.2% after Barclays upgraded the software maker to overweight from equal weight and raised its price target.

Persons: CNBC's David Faber, David Ellison, Faber, Lisa Kailai Han, Sarah Min, Yun Li, Samantha Subin, Michelle Fox, Alex Harring Organizations: Nike, Bank of America, Paramount, Skydance Media, Sciences, Vertex Pharmaceuticals, U.S . Space Force Space Systems Command, Constellation, Constellation Brands, LSEG, Barclays

☆ Winners and losers now that the reflation trade is back. Who does well and who struggles
▼ + stars: | 2024-04-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

To see the impact of higher inflation and higher interest rates on companies, just look at the earnings release for CarMax this morning. For example, higher rates are generally bad for REITs beause REITs rely on debt financing. Higher rates also mean increased borrowing costs for utilities, which carry a lot of debt because they use a lot of capital. The problem is, energy and material stocks have already been rising due to higher oil and a still strong economy. Other potential beneficiaries of higher rates with a strong economy are defensive stocks, which tend to be less interest rate sensitive, like Kroger or Walmart .

Organizations: Energy, Communication, Kroger, Walmart Locations: Meta

☆ Stock futures slip on Wednesday evening as traders brace for another inflation report: Live updates
▼ + stars: | 2024-04-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures dipped as Wall Street looked ahead to a second key inflation report. Futures tied to the Dow Jones Industrial Average slid 60 points, or about 0.2%, while S&P 500 futures also lost 0.2%. The Dow Jones Industrial Average led Wednesday's losses, tumbling 1.09%, while the S&P 500 dropped 0.95%. Ten of the 11 S&P 500 sectors finished the session in negative territory, with real estate bearing the brunt of the selling pressure and posting decline of more than 4%. Economists polled by Dow Jones expect wholesale prices to have grown by 0.3% in March, and 0.2% when excluding food and energy.

Persons: Stocks, —, Goldman Sachs, Jan Hatzius, CNBC's, Dow Jones, Wells Organizations: Dow Jones, Nasdaq, Constellation Brands, JPMorgan, Citigroup Locations: Wells Fargo

☆ Biden’s manufacturing industry is expanding, but that could be bad for inflation
▼ + stars: | 2024-04-07 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

But a resurgence in the industry could complicate the Federal Reserve’s ongoing inflation fight, either delaying the first interest rate cut or resulting in fewer cuts this year, some economists say. Interest rates have been at a two-decade high since July, after the Fed raised rates aggressively over the prior year and a half. The economy picking up further strength would spook Wall Street because of what it means for interest rates — and some manufacturers say they’re optimistic about the future. The Bank of Canada announces its latest interest rate decision. China’s National Bureau of Statistics releases March inflation data.

Persons: Joe Biden, ”, Tom Barkin, “, Mary Daly, ” Daly, Jerome Powell, Neel Kashkari, ” Kashkari, ” Richard de Chazal, Blair, they’re “, Amazon’s, It’s, Ramishah Maruf, Amazon, haven’t, Read Organizations: Washington CNN, Institute for Supply Management, Congress, Fed, ” Richmond Fed, ” San Francisco Fed, Minneapolis, Dow, Blair Equity Research, Amazon, Fresh, Delta Air Lines, US Labor Department, Index, Bank of Canada, Federal Reserve, National Bureau of Statistics, Constellation Brands, European Central Bank, JPMorgan Chase, Citigroup, State, National Statistics, The University of Michigan Locations: Richmond , Virginia, ” San, Las Vegas, India, Wells Fargo, Progressive, BlackRock

☆ Wall Street gets key inflation data next week amid concerns the stock market is overbought
▼ + stars: | 2024-04-05 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Economists polled by FactSet anticipate the March consumer price index will show prices rising by 0.3% on a monthly basis, less than February's 0.4% advance. Similarly, the March producer price index is expected to show an increase of 0.5%, according to FactSet consensus estimates. Monday April 8 Tuesday April 9 6 a.m. NFIB Small Business Index (March) Wednesday April 10 8:30 a.m. Consumer Price Index (CPI) (March) 8:30 a.m. Initial Claims (04/06) 8:30 a.m. Producer Price Index PPI Earnings: CarMax Friday April 12 8:30 a.m. Import Price Index (March) 10 a.m. Michigan Sentiment preliminary (April) Earnings: State Street , Wells Fargo , JPMorgan Chase , Progressive , Citigroup

Persons: Stocks, we're, Ross Mayfield, Baird, Mayfield, FactSet, David Einhorn, CNBC's Scott Wapner, he's, Michelle Bowman, Bank's Tom Hainlin, Hainlin, Jamie Myers, JPMorgan Chase Organizations: Federal Reserve, Investors, Treasury Bond, Dow Jones, Nasdaq, . West Texas, Treasury, Fed, Investment Group, Investors Intelligence, American Association of, Walmart, Citigroup, JPMorgan, Index, Treasury Budget NSA, Air Lines, Price Index, Progressive Locations: U.S, Wells Fargo, Michigan

☆ Here are JPMorgan's top stock picks heading into April
▼ + stars: | 2024-04-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

JPMorgan added two new names to its list of top stocks as April begins — Bank of America and CarMax . However, his price target of $35 implies that shares could fall 8% from their Thursday close. On the other hand, analyst Rajat Gupta views CarMax as a short idea, with his $60 price target suggesting approximately 31% downside from where the stock closed on Thursday. Here are some of the top picks that made JPMorgan's list: Growth stock Danaher is one returning name to the list. Analyst Tami Zakaria's $385 price target corresponds to a further 5% rally from the stock's Thursday close.

Persons: Vivek Juneja, Juneja, Rajat Gupta, CarMax, Rachel Vatnsdal's, Tami Zakaria's, — CNBC's Michael Bloom Organizations: JPMorgan, — Bank of America, Bank of America, of America, " Bank of America, Caterpillar

☆ I owned the Fisker Ocean. It was a nightmare.
▼ + stars: | 2024-03-31 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Earlier this year, YouTuber Marques Brownlee said the Fisker Ocean was the "worst car I've ever reviewed." I thought the Fisker Ocean was a great option, based on the price and a nice marketing message around the sustainability of the vehicle. I reported the issue to Fisker right away and I struggled to get them to come out and service it. FiskerAt first, Fisker sent out a roadside assistance guy to jump the car and the car wouldn't jump. Regarding the owner's seat-sensor issue, the Fisker spokesperson said the seat sensor was a "routine fix for some early vehicles."

Persons: YouTuber Marques Brownlee, he'd, Brownlee, Fisker, —, Elon Musk, they'd, It's, wasn't, I'd, YouTuber Marques Organizations: Service, Business, PACE, Magna Locations: Carmax

☆ Why investors should check the outstanding share count before buying a stock
▼ + stars: | 2024-03-31 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

But what if I told you this group shrunk its share count dramatically since 2019? The numbers tell the story: Lennar now has 276 million shares outstanding, down from 318 million five years ago. Other than Toll, most of the homebuilder management teams do not emphasize this fundamental change in share count. Management has been buying hand over fist since 2019, shrinking the share count to 215 million from 264 million. My rather unassailable conclusion is pretty simple: Check the share count before you buy a stock.

Persons: PulteGroup, DR Horton, —, Douglas Yearley hadn't, homebuilders, Jim Umpleby, Eaton, Dow, Cummins, Elliott, Marc Benioff, Colette Kress, Williams, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Federal Reserve, DR, Management, Dick's, Goods, Abercrombie, Fitch, Williams, Walmart, Caterpillar, DuPont, Marathon Petroleum, Elliott Management, Valero Energy, Pacific, Norfolk Southern, CSX, Apple, Microsoft, NFL, Jim Cramer's Charitable, CNBC Locations: tatters, California, Sonoma, America, Williams Sonoma, San Marcos , California

☆ A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
▼ + stars: | 2024-02-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

Carvana over the last 18 months aggressively restructured its operations and debt amid bankruptcy concerns to pivot from growth to cost-cutting. Carvana puts each vehicle it intends to sell through a lengthy inspection, repair and sale preparation process. A Ford F-150 is prepped for a painting booth at Carvana's vehicle reconditing center outside Phoenix. The Wall Street Journal in December 2021 detailed a network of Garcia companies that do business with DriveTime, Carvana or both. Carvana sells such warranties or other service-related protections to customers, and DriveTime takes them over, giving Carvana a commission.

Persons: Michael Wayland, Ernie Garcia III, Ernie Garcia II, Garcia, Carli, Carvana, There's, Richard, Dick, Nixon, there's, Ernie Garcia, pathing, Rajat Gupta, Doug Guan, we've, CNBC Guan, Coldplay, Neil Diamond, Teresa Aragon, DriveTime, Duckling, Garcia II, Charles Keating's Lincoln, hasn't, – Organizations: CNBC PHOENIX, CNBC, Ford, Ford Motor, Nissan, State, Charles Keating's Lincoln Savings & Loan, Street Journal, DriveTime Locations: Tempe, Ariz, Tempe , Arizona, Phoenix, Carvana, Florida, reconditioning, Silicon Valley, Aragon, DriveTime, Drivetime

Their huge and growing earnings, combined with a large number of shares outstanding, mean that the three companies exert a bigger influence on the S & P 500 earnings picture than any other. Fourth quarter earnings for the entire S & P 500 are expected to rise about 5% over the same period in 2022. For share-weighted earnings, the earnings (or earnings estimates) for each company are multiplied by the shares outstanding. What this means is that companies that are experiencing a rapid increase in their earnings can begin to exert an outsized influence on S & P 500 earnings. In a world where the S & P 500 is expected to see earnings growth of 10% this year, Nvidia's earnings growth is off the charts.

Persons: Technolgy, Nvidia —, John Butters, Jensen, Howard Silverblatt Organizations: Microsoft, Apple, Nvidia, Meta, P Global Locations: FactSet

Fourth-quarter earnings season is kicking off with a mix of good and bad news. Without those six stocks, the rest of the S & P is expected to see earnings fall 6%. There's a lot riding on earnings in 2024 For the S & P 500 to increase in 2024, earnings need to expand. But with the S & P 500 up over 20% last year, the forward earnings multiple is roughly 19.6, in the very pricey range. We need higher revenues The biggest risk to higher earnings is lower revenue growth.

Persons: Savita Subramanian, General Mills, Mobileye, Nick Raich, Adam Crisafulli, BofA's Subramanian, Deutsche, Binky, Sam Stovall Organizations: Pfizer, Merck, Moderna, Bank of America, Nvidia, Microsoft, Apple, Nike, FedEx, General, Darden, Constellation Brands, Technology, Samsung Electronics, Vital, Deutsche Bank's Locations: Wayfair, Conagra

☆ The S&P 500 could close at record on final trading day - that is a very rare market event
▼ + stars: | 2023-12-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

What little suspense is left in the year revolves around whether the S & P 500 can close at a historic high. Closing the year at a historic high is a fairly rare event — it's only happened eight times since 1926, and only four times since 1963, according to S & P Global: 2020, 2013, 1999, 1991, 1963, 1958, 1954, 1928. So far, the S & P is up 0.9% in these first four of the seven days. The S & P internals are almost the opposite of where they were a year ago. S & P 500: overbought and expensive: Relative Strength Indicator (RSI): 72 (overbought) % stocks over 50-day- moving average: 89% (high, overbought) Forward earnings P/E: 19.6 (expensive) Earnings growth: 11% (high) Markets are positioned very bullish.

Persons: Santa Claus, Ingersoll Rand, Parker, Eaton, General Mills, Hendrik Bessembinder, It's Organizations: Mastercard, Capital, American Express, Union Pacific, General, Nike, FedEx, Global, CFA, U.S Locations: Santa, Eaton, Hannifin, Wayfair, United States

☆ A look back at a remarkable stock market year, and what should worry investors into 2024
▼ + stars: | 2023-12-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +10 min

A few days ago, S & P noted that the S & P 500 total return of 25.85% would only be up 9.49% ex the Magnificent 7. If you own the S & P 500 long-term, you are participating in those gains. The S & P is up 1,200 points (25%) since then and is knocking on the door of an historic high. The S & P 500 is overbought and expensive on most metrics. The S & P 500 up almost 25% in a year is the kind of problem a lot of people would be happy to have.

Persons: Russell, YTD, General Mills, it's, Staples, Campbell, Mills Organizations: AMD, Arista Networks, Apple, Meta, Nvidia, Nasdaq, Nike, FedEx, General, NextEra, Utilities, Treasuries Locations: Russia, Ukraine, Israel, Wayfair, Devon, Chevron

☆ Inside the WNBA's strategy to partner with companies like Deloitte and Google to propel the league — and how it'll leverage that growth in its next rights negotiations
▼ + stars: | 2023-12-04 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +7 min

She listened to her players and what they wanted from the league, including a higher salary cap, but knew she couldn't meet all of their needs. One partner, Deloitte, overhauled the WNBA's app, for example. The current rights deal for the WNBA, which is coming off its largest regular-season viewership in more than two decades, runs through 2025. The mid-season Commissioner's Cup is sponsored by league partner Coinbase. The streaming app WNBA League Pass also brought in viewership, as did deals with Meta and YouTube.

Persons: Cathy Engelbert's, Engelbert, It's, Coinbase, Ethan Miller, Engelbert's, Disney, Nielsen, Ion Organizations: WNBA, Business, Deloitte, Nike, Google, US Bank, Companies, NBA, YouTube, Disney, Team, Seattle Storm's, ESPN, ABC, Scripps Ion, CBS, Meta, Scripps Locations: Las Vegas

☆ Auto Dealers Find Savings by Buying Cars Off the Street
▼ + stars: | 2023-11-24 | by ( Kristin Broughton | ) www.wsj.com time to read: 1 min

CarMax in 2021 launched nationally an online tool that provides instant offers to car owners for their vehicles. Photo: Mark Felix/Bloomberg NewsDuring the pandemic, auto dealers rushed to buy used cars off the street as vehicle production declined amid supply-chain shortages. They also have bolstered dealers’ profit margins while allowing some to cut prices, as the vehicles they purchase directly from consumers are often cheaper. Inventory pressures have eased in recent months, but dealers continue to focus on street purchases because they are more lucrative than buying cars at wholesale auctions, where dealers bid up prices and pay fees and transportation costs. A street purchase is different from a trade-in, where dealers purchase a car at the same time they sell a new one.

Persons: Mark Felix Organizations: Bloomberg Locations: Houston, CarMax

Amazon next year will allow auto dealers to sell cars through its site, starting with South Korean automaker Hyundai, the company said Thursday. Beginning in 2024, Amazon will let shoppers purchase a new car online, then pick it up or have it delivered by their local dealership. Amazon CEO Andy Jassy said the partnership with Hyundai will change "the ease with which customers can buy vehicles online." Shares of used car dealers such as Carmax and Carvana as well as the country's largest publicly traded new car dealers Lithia Motors and AutoNation fell following the announcement. Tesla and other electric vehicle startups such as Rivian have developed workarounds in many states to sell vehicles directly online to consumers.

Persons: Andy Jassy, Alexa, AutoNation Organizations: Amazon, South, Hyundai, Consumers, Lithia Motors, CNBC PRO Locations: Amazon, Michigan

☆ These AI 'enablers, adopters and adapters' are seeing earnings grow and their stocks outperform, Evercore ISI says
▼ + stars: | 2023-10-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

But companies with upward earnings per share revisions that mention artificial intelligence could be positioned to outperform, according to Evercore ISI. Evercore ISI estimates that the search giant has a 44% exposure to generative AI. The power management company, up nearly 34% this year, is well-situated to benefit as AI revolutionizes the industrial sector, Evercore ISI said. "ETN's electrical business is the driver of its stock at 70%-75% of total company sales and earnings," Emanuel wrote. Evercore ISI also highlighted Booking Holdings , Arista Networks , CarMax and Pure Storage on its screen of AI winners.

Persons: JPM, Julian Emanuel, Emanuel, financials, Eaton, — CNBC's Michael Bloom Organizations: ISI, Nvidia, Google, JPMorgan Chase, JPMorgan, Holdings, Arista Networks

☆ CarMax CEO Bill Nash discuss UAW strike effect, inflation and used car prices
▼ + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

CarMax CEO Bill Nash discuss UAW strike effect, inflation and used car pricesCarMax CEO Bill Nash joins 'Mad Money' host Jim Cramer to talk vehicle affordability, inflations impact on the used car market and rising rates.

Persons: Bill Nash, Jim Cramer Organizations: UAW

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