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Cramer's Lightning Round: Cloudflare is a buy
  + stars: | 2024-02-26 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Public Storage's year-to-date stock performance. Stock Chart Icon Stock chart icon Vistra's year-to-date stock performance. Stock Chart Icon Stock chart icon HubSpot's year-to-date stock performance. Stock Chart Icon Stock chart icon Cloudflare's year-to-date stock performance. You must hold on to Cloudflare, and if it gets hit, you buy more [buy, buy, buy!]."
Persons: Let's, Cloudlfare, Matthew Prince, Carvana, Ernie Garcia, Jim Cramer's Organizations: AMN Healthcare Services, AMN Healthcare Locations: Cloudflare
Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. WHAT ARE KAISER WORKERS' DEMANDS AND WHAT IS THE COMPANY OFFERING? Some of the key demands by the workers include higher pay to keep up with the cost of living, a $25-per-hour minimum wage for all healthcare workers, and a reformed bonus structure. The union insists Kaiser needs to hire 10,000 new healthcare workers to fill current vacancies, as well as "fix broken hiring processes" that are preventing full staffing. The unions are asking Kaiser Permanente to make massive investment in the education and training of future healthcare workers, and for a diminished role for vendors and third-party contractors that the healthcare network relies on.
Persons: Julie Su, Kaiser, Kaiser Permanente, John August, Russ Richmond, Leroy Leo, Bhanvi, Ahmed Aboulenein, Steve Gorman, Shinjini Ganguli, Diane Craft Organizations: Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, Labor, AMN Healthcare, District of Columbia, Cornell's School of Industrial and Labor Relations, Tenet Healthcare, Satellite Healthcare, Fresenius, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California, Bengaluru, Washington, Los Angeles
The survey also showed that 36% of the nurses plan to continue working in the sector but may change workplaces. "This really underscores the continued mental health and well-being challenges the nursing workforce experiences post pandemic," AMN Healthcare CEO Cary Grace told Reuters in an interview. The survey showed there are various changes needed, with 69% of nurses seeking increased salaries and 63% of them seeking a safer working environment to reduce their stress. This comes at a time hospital operator and sector bellwether HCA Healthcare Inc (HCA.N) indicated a recovery in staffing situation. The staffing crisis drove up costs at hospital operators, while boosted profits at medical staffing providers such as AMN Healthcare.
The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.
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