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☆ Final Trades: Goldman Sachs, SL Green and Taiwan Semi
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Goldman Sachs, SL Green and Taiwan SemiThe Investment Committee gives you their top stocks to watch for the second half.

Persons: Goldman Sachs Organizations: Green, Taiwan Semi The Locations: Taiwan

☆ People are back in the office in a big way, says SL Green Realty CEO Marc Holliday
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople are back in the office in a big way, says SL Green Realty CEO Marc HollidaySL Green Realty chairman and CEO Marc Holliday joins 'Squawk Box' to discuss the state of the commercial real estate market, impact of employees returning to office, office space demand, impact of elevated interest rates, and more.

Persons: Marc Holliday Organizations: Green Realty

☆ 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

Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.

Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York

Trian claims Disney's board has failed to generate sufficient returns in recent years as subscription streaming losses have mounted and traditional TV subscribers have declined. Early vote countBoth Disney and Trian received support from influential shareholders ahead of Wednesday's meeting. Roughly one-third of Disney's shareholders are retail shareholders, who historically vote in small numbers in annual meetings. The arrangement still raised questions about ValueAct's support for the company and whether Disney's board should have disclosed the prior relationship. WATCH: Disney board battle reaches final moments

Persons: Bob Iger, Mickey Mouse, Valerie Macon, Nelson Peltz, Jay Rasulo, They've, Maria Elena Lagomasino, Michael Froman, Peltz, Ike Perlmutter, Trian, Disney's, Iger, Bob Chapek, Patrick T, Adam Jeffery, Morgan Stanley, James Gorman, CNBC's, George Lucas, Laurene Powell Jobs, Lucas, Powell Jobs, Ken Squire, Rowe Price, Rowe, Mason Morfit's, ValueAct, Neuberger Berman, John Ferguson, Rasulo —, Glass Lewis, Iger's, Gorman, Jeremy Darroch, CNBC's Andrew Ross Sorkin, Heidi Gutman, Lagomasino, shouldn't, Blackwells, Rasulo, Jason Aintabi, John Foley, Jessica Schnell, Craig Hatkoff, Leah Solivan, ValueAct hasn't Organizations: AFP, Getty Images Disney, Voters, Trian Partners, Disney, PepsiCo, Marvel, SEC, Fallon, Bloomberg, Getty, CNBC Disney, CNBC, Star Wars, LucasArts, Pixar, BlackRock, Institutional, California Public Employees, Yacktman Asset Management, Saratoga Proxy, ISS, Sky, Trian Fund Management, NBCU, Bank, NBCUniversal, Green, Comcast Locations: Los Angeles, New York

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, PepsiCo, Micron, Meta, Starbucks and more
▼ + stars: | 2024-03-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley reiterates Starbucks as overweight Morgan Stanley said it's standing by its overweight rating on Starbucks shares. Morgan Stanley upgrades Pepsi to overweight from equal weight Morgan Stanley said the beverage giant is undervalued. Morgan Stanley initiates Ball Corporation as equal weight Morgan Stanley initiated the beverage can company and says the stock is fairly valued right now. Morgan Stanley names LifeStance a top pick Morgan Stanley named the mental health company a top pick on Monday. Morgan Stanley reiterates Micron as underweight Morgan Stanley raised its price target on the stock to $78 per share from $74.75 and said it's sticking with its underweight rating heading into earnings later this week.

Persons: KeyBanc, Morgan Stanley, it's, Telsey, ESAB, Mizuho, Goldman Sachs, Tesla, Raymond James downgrades, Raymond James, LifeStance, Wolfe, Bernstein, Truist, Wells, Wells Fargo, F2Q Organizations: Apple, JPMorgan, 1Q, Meta, HSBC, Nvidia, Netflix, RBC, Howmet Aerospace, York Community Bank, Pepsi, Ball, Citi, Micron, IT, Downside, Bank of America, Taiwan Semiconductor, Pinnacle, of America, Pinnacle West Capital Corp, ISI, UBS, CCL Locations: Berlin, underperform, Taiwan, Arizona, Underperform

☆ Jim Cramer disputes five bearish market 'scares' after Wednesday's rebound
▼ + stars: | 2024-02-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday said investors shouldn't be worried in this market, listing five bearish "scares" that he said are part of the normal market rhythm and shouldn't worry Wall Street so much. Cramer said investors are worried that a commercial real estate collapse is on the horizon and will take down regional banks with it. But that hasn't been the case so far, Cramer said, and even companies with disappointing reports saw their stocks rally. Cramer said investors have trepidations about buying when the market is narrow — dominated by Big Tech — but recommended taking advantage of this scenario, buying low to be ready when the market broadens. Cramer said Nvidia"So, it's easy to scare people, and if you're a short-seller, it's also profitable," Cramer said.

Persons: CNBC's Jim Cramer, shouldn't, Cramer, Green Cramer, hasn't, it's, you've Organizations: Big Tech

☆ Cramer's Lightning Round: 'Buy Toyota'
▼ + stars: | 2023-11-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon SL Green Realty's year-to-date stock performance. Stock Chart Icon Stock chart icon Lucid's year-to-date stock performance. Stock Chart Icon Stock chart icon Schlumberger's year-to-date stock performance. Stock Chart Icon Stock chart icon Toyota's year-to-date stock performance. Stock Chart Icon Stock chart icon Conagra's year-to-date stock performance.

Persons: it's, Xcel, It's, That's, Wynn, Jim Cramer's Organizations: Green, Schlumberger, Toyota, Twist, Boise, Xcel, Excel, Sirius, Sirius XM, Properties Locations: BXP, Boise

☆ Lightning Round: I like Rivian over Lucid, says Jim Cramer
▼ + stars: | 2023-11-20 | by ( Jim Cramer | ) 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 EmailLightning Round: I like Rivian over Lucid, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: SL Green Realty, Lucid, SLB, Toyota, Conagra, Sirius XM and more.

Persons: Jim Cramer Organizations: Green Realty, Toyota, Sirius XM

☆ 'Maid' author Stephanie Land's new book tells the story of how this homeless single mom clawed her way out of poverty
▼ + stars: | 2023-11-10 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

Stephanie Land Source: Simon and SchusterStephanie Land's daughter, Emilia, was 7 months old when Land was forced to leave her volatile partner. Annie Nova: I notice that whenever you've been faced with a big setback or problem, you don't really have time to feel much about it. So, it didn't really feel helpful. We really didn't have that much stuff. I don't think my daughter was really affected by it all that much because she was so little.

Persons: Stephanie Land, Simon, Schuster Stephanie Land's, Emilia, —, Annie Nova, you've, I've, Schuster, they've Organizations: Netflix, Higher, U.S . Department of Agriculture, Finance, Social Security, CNBC, SL Locations: U.S, Europe

☆ Lightning Round: US Bancorp is incredibly undervalued, says Jim Cramer
▼ + stars: | 2023-11-03 | by ( Jim Cramer | ) 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 EmailLightning Round: US Bancorp is incredibly undervalued, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: TKO Group, Docusign, US Bancorp, Zillow, SL Green Realty, Seagen, First Solar and more.

Persons: Jim Cramer Organizations: Bancorp, US Bancorp, Zillow, Green Realty

☆ SL Green President Andrew Mathias on energy transition and impact on real estate
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSL Green President Andrew Mathias on energy transition and impact on real estateCNBC's Diana Olick and Andrew Mathias, SL Green president, join 'Power Lunch' to discuss the company's energy transition and impact on real estate.

Persons: Andrew Mathias, Diana Olick Organizations: SL Green

☆ South Korean AI chip intellectual property startup valued at $81.4 million
▼ + stars: | 2023-09-14 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsSept 14 (Reuters) - The South Korean chip startup Panmnesia has raised a seed round that values it at $81.4 million, the company has said. Chip design software makers Synopsys (SNPS.O) and Cadence Design Systems (CDNS.O) have expressed interest in the company's technology, Jung said. The company raised $12.5 million led by Daekyo Investment. Other investors included SL Investment, Smilegate Investment, GNTech Venture Capital, Time Works Investment, Yuanta Investment and Quantum Ventures Korea. The South Korean government aims to spur the domestic AI chip industry and plans to spend $800 million over the next five years in an attempt to increase the share of Korean AI chips in domestic data centers to 80% in 2030 from essentially zero.

Persons: Dado Ruvic, Myoungsoo Jung, Jung, Max A, Gerry Doyle Organizations: REUTERS, Reuters, Cadence Design Systems, Cadence, Daekyo Investment, SL Investment, Smilegate Investment, GNTech Venture, Time Works Investment, Yuanta, Quantum Ventures, South, Thomson Locations: Quantum Ventures Korea, Korean, San Francisco

☆ Here are Thursday's biggest analyst calls: Apple, Amazon, Nvidia, Adobe, Pinterest, TJX, SoFi & more
▼ + stars: | 2023-08-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Citi reiterates Nvidia as buy Citi said it's bullish heading into Nvidia earnings next week. Citi reiterates Apple as buy Citi said it's bullish heading into the company's iPhone 15 launch. Oppenheimer reiterates Nvidia as outperform Oppenheimer said it's bullish on shares of Nvidia heading into earnings next week. Bank of America reiterates TJX Companies as buy Bank of America said the stock is "well positioned for continued market share gains." Bank of America reiterates Wells Fargo as buy Bank of America said Wells Fargo has one of the most attractive risk/rewards of the big banks.

Persons: it's, Charles Schwab, Jefferies, KeyBanc, Key, Oppenheimer, Rosenblatt, Evercore, Bill Ready, Meta, SoFi, Wells, Wells Fargo Organizations: Citi, Nvidia, NVIDIA, JPMorgan, Deutsche Bank, Deutsche, Novartis, Amgen, Apple, Arista, Networking, BMO, Green, Bank of America, Adobe, of America Adobe, TJX Companies, Enphase Energy Locations: Mexico, Sunrun

☆ Tudor, Adage Capital among hedge funds making bets on NYC office space
▼ + stars: | 2023-08-14 | by ( David Randall | ) www.reuters.com time to read: +1 min

NEW YORK, Aug 14 (Reuters) - Basswood Capital, Adage Capital Partners and Paul Tudor Jones' Tudor Investment Corp were among the hedge funds that took new positions in real estate investment trusts that specialize in New York City office space last quarter, despite questions over how long work-from-home policies will weigh on the market, securities filings released on Monday showed. Basswood Capital purchased roughly 360,000 shares of Vornado Realty Trust and nearly 72,000 shares of SL Green, while Adage Capital Partners bought 205,000 shares of SL Green. Tudor Investment Corp bought nearly 152,000 shares of SL Green. Shares of Vornado are up nearly 7% for the year to date, while shares of SL Green are up slightly less than 1%. Basswood, Adage Capital, and Tudor Investment Corp did not respond to requests for comment.

Persons: Paul Tudor Jones, KBRA, David Randall, Richard Chang Organizations: Basswood, Capital Partners, Tudor Investment Corp, Basswood Capital, Vornado Realty Trust, SL Green, SL, New, Reuters, Nationwide, Thomson Locations: New York City

☆ Here are Friday's biggest analyst calls: Nvidia, Amazon, Carvana, Roku, Microsoft, Eli Lilly and more
▼ + stars: | 2023-07-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Truist reiterates Amazon as buy Truist said it's bullish heading into Amazon earnings Aug. 3. Piper Sandler upgrades SL Green to overweight from neutral Piper Sandler said in its upgrade of SL Green that the real estate investment trust has "favorable tailwinds." Piper Sandler downgrades Discover to neutral from overweight Piper Sandler said in its downgrade of the credit card company that it sees too many negative catalysts. Piper Sandler downgrades Carvana to neutral from overweight Piper Sandler downgraded the online used-car company mainly on valuation. Sirius' stock price has more than doubled over the past month and increased 42% yesterday alone.

Persons: . Bank of America downgrades Herc, Herc, Underperform, KeyBanc, it's, Truist, Piper Sandler, Piper Sandler downgrades Carvana, JPMorgan downgrades Blackstone, Morgan Stanley, Eli Lilly, Davidson, Davison, Oppenheimer, Baird, Wedbush, Goldman Sachs Organizations: . Bank of America, . Bank of America downgrades Herc Holdings, Bank of America, Hollywood, NA, Green, DFS, JPMorgan, Novo Nordisk, BMO, Consolidated Edison, of America, Deutsche Bank, Sirius, Nvidia, Microsoft Locations: 2Q23

Despite falling poll numbers and critical news coverage, Mayor Eric Adams clearly has the continued monetary support of two influential spheres of influence: real estate leaders and the donor class from New York City and beyond. Mr. Adams has raised $1.3 million since January for his 2025 re-election effort in the latest reporting period, drawing maximum $2,100 donations from real estate magnates like Marc Holliday, the chief executive of SL Green, the city’s largest commercial landlord, and its founder, Steve Green; and Alexander and Helena Durst, members of The Durst Organization real estate dynasty, according to new filings with the city’s Campaign Finance Board. About $550,000 came from donors outside New York City who live in the suburbs, Florida and other states — a continuation of a pattern displayed early in his tenure, when he held fund-raisers in Beverly Hills and Chicago in his first months in office. As mayor, Mr. Adams has often taken positions that benefit the real estate industry, including being supportive of rent increases and criticizing state lawmakers for failing to replace a tax-incentive program for developers known as 421a.

Persons: Eric Adams, Adams, Marc Holliday, Steve Green, Alexander, Helena Durst Organizations: SL Green, Organization, city’s Campaign Locations: New York City, Florida, Beverly Hills, Chicago

☆ Office landlords struggling for tenants are facing an even scarier predicament — zombie properties
▼ + stars: | 2023-07-03 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +6 min

A zombie building is one that's too costly for a landlord to rent at prevailing rates. Office buildings purchased in the past five years could become zombies, a real-estate vet said. Like many New York office buildings, it's a dead man walking, similar to the hopelessly distressed shopping malls that have multiplied across the country over the past decade. One in four office buildings in Manhattan is valued at less than they last sold for, according to JLL. Bringing zombies back to lifeUnlike in the movies, zombie buildings don't remain undead forever.

Persons: Knotel, Michael Cohen, Cohen, —, haven't, RXR, Chetrit, HPS Organizations: New York, Macmillan Publishers, Manhattan, BNP, Real Estate, Green —, Blackstone, Chetrit, HPS Investment Partners Locations: New, New York City, New York, Manhattan, That's, HPS

☆ Shop REI’s Fourth of July Sale for Big Summer Savings
▼ + stars: | 2023-06-28 | by ( ) www.wsj.com time to read: +5 min

By Buy Side from WSJ StaffQuality gear can make every outdoor activity more enjoyable—and now is your opportunity to pick up that gear while it’s on sale during REI Co-op’s Fourth of July sale. The jacket is great as a single layer for warmer weather rain showers or as a top layer over a fleece in colder weather. Backpacking tentREI members can get the REI Co-op Half Dome SL 2+ Tent for more than $130 off during this sale. Classic lawn chairThis lawn chair may give you happy flashbacks to backyard gatherings and for REI members, it’s 30% off. Lightweight sleeping bagsBoth these sleeping bags are 40% for REI members and feature water-repellent 600-fill-power duck down insulation and recycled nylon shells.

Persons: REI, you’re, Gucci, Birkenstock, ”, Helly Hansen, HH Max, Blue Organizations: Staff, REI, Independence, North Face, HH, Navy Locations: Norway

SL Green announced on Monday that it had sold the building at 245 Park Avenue to a U.S. subsidiary of Japanese real estate developer Mori Trust Co Ltd at a $2 billion valuation, sending its stock up nearly 20%. The transaction is a "significant milestone" for SL Green given that it represents nearly half of the planned asset sales for 2023 and more than covers the company's share of redevelopment costs, said BTIG analysts, who reiterated their "buy" rating. Analysts at Scotiabank, who rate SLG a "sector underperform", hiked their price target for the company's shares, calling the transaction "positive." SL Green's stock jumped 11% on Tuesday to a high of $31.35 per share. SL Green took control of 245 Park Avenue last year after lenders seized the building from HNA Group.

Persons: Angelo Gordon, Chibuike Oguh, Lisa Shumaker Organizations: YORK, Green Realty, SL Green, Mori Trust, Barclays, Green, Scotiabank, Grand, Ares Management, Societe Generale, HNA Group, Thomson Locations: New York City, U.S, Manhattan, New York

SL Green Realty said it sold the building at 245 Park Avenue, which has 1.8 million-square-foot of office space, to a U.S. affiliate of Japanese real estate developer Mori Trust Co Ltd. Its sale represents a slight discount to the $2.21 billion that China's HNA Group paid to acquire the building in 2017 when New York City's commercial real estate market was at its peak. SL Green took control of 245 Park Avenue last year after lenders seized the building from HNA Group. Jesse Keenan, sustainable real estate professor at Tulane University, said the transaction is a speculative investment that suggests the deep downturn in the New York commercial real estate market may have bottomed out. SL Green Realty was the biggest gainer among listed REITs, leading its peers Vornado Realty Trust (VNO.N), Office Properties Income Trust (OPI.O), and Boston Properties Inc (BXP.N).

Persons: Kohn Pedersen Fox, Angelo Gordon, Jesse Keenan, Keenan, Vornado, Chibuike Oguh, Herbert Lash, Lisa Shumaker, Lance Tupper, Michelle Price Organizations: YORK, SL Green Realty Corp, Big, SL Green Realty, Mori Trust, Kohn Pedersen Fox Associates, Grand, Ares Management, Societe Generale, HNA, Green, HNA Group, Tulane University, New York, Green Realty, Vornado Realty, Income, Boston Properties Inc, Thomson Locations: New York City, U.S, Manhattan, New York

☆ Jay-Z wants New York City to let him open a casino in Times Square
▼ + stars: | 2023-05-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Jay-Z's Roc Nation wants New York City to grant it a gaming license for a casino in Times Square. Roc Nation promised $115 million for Broadway theatre programs if it gets the nod. Roc Nation said its plan includes investing in sanitation and security in the Times Square area and vowed to "protect the interests" of the Broadway theater community. Applicants for the gaming license must pay a non-refundable $1 million fee, according to The New York Times, and be prepared to invest $500 million and an additional $500 million in fees. Roc Nation didn't immediately respond to a request for comment from Insider, made outside normal working hours.

☆ A group of scammers cheated student-loan borrowers out of $12 million by misleading them about repayment programs and 'loan forgiveness that did not exist,' a federal watchdog says
▼ + stars: | 2023-05-09 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The FTC said two companies cheated student-loan borrowers out of $12 million. It accused the companies of lying about repayment programs and debt relief that did not exist. "As Americans struggle with massive student loan debt and uncertainty around the prospect of forgiveness, scammers are looking to cash in," Samuel Levine, Director of FTC's Bureau of Consumer Protection, said in a statement. "These lawsuits to shut down student loan debt relief schemes continue the agency's crackdown on junk fees, unwanted calls, and financial exploitation." Along with the FTC's latest action, the Consumer Financial Protection Bureau has also cracked down on fraudulent behavior targeting student-loan borrowers over the past months.

☆ US regional bank stocks fall for second day as First Republic failure weighs
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

May 2 (Reuters) - Shares of major U.S. regional banks fell further on Tuesday in the aftermath of the collapse of First Republic Bank (FRC.N), the largest U.S. bank failure since the 2008 financial crisis. Investors are still concerned that the crisis started by the closure of Silicon Valley Bank and Signature Bank in March could engulf other mid-sized lenders. Shares of PacWest Bancorp (PACW.O) tumbled nearly 30%, while Western Alliance Bank (WAL.N) and KeyCorp (KEY.N) fell 21% and 10%, respectively. Some investors are also concerned about the long-term impact of the JPMorgan deal, which risks worsening the "too-big-to-fail" problem regulators have been trying to solve for years. Reporting by Niket Nishant and Jaiveer Singh Shekhawat in Bengaluru; Editing by Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.

☆ I'm a bear when it's called for, like in 2007. But this stock market belongs to the bulls
▼ + stars: | 2023-04-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I have not been bombarded with as many warnings about how we are about to embark upon a wave of failures of all sorts — shadow banks, regional banks, commercial real estate lenders, real estate investment trusts — at any time since 2007. Let's take commercial real estate. I mention SL Green because it may be the most challenged of the REITs, real estate investment trusts, other than Vornado Realty Trust (VNO), a historically fine New York real estate concern, which just delayed its dividend. 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.

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