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☆ Cramer's Lighting Round: Dominion Energy is a buy
▼ + stars: | 2024-09-20 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Dominion Energy's year-to-date stock performance. Dominion Energy : "I think Dominion Energy is a buy...We need cheap power." Stock Chart Icon Stock chart icon Dutch Bros' year-to-date stock performance. Dutch Bros : "I like Dutch Bros, I'm glad that they slowed their expansion..."Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon LyondellBasell's year-to-date stock performance.

Persons: It's Organizations: Dominion, Dominion Energy, Dutch Bros

☆ Cramer's week ahead: New inflation data and earnings from Costco, KB Home
▼ + stars: | 2024-09-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

But regardless of the week's events, Cramer said the Fed's successful start to the easing cycle is leading the market in a positive direction. "We're in a rate cut cycle now, ok, it's very different from, from the last couple years. Next year should be better for the homebuilder than 2024 because the Fed is lowering rates, he added. Semiconductor outfit Micron will report earnings on Wednesday along with Cintas , which supplies a range of materials, including uniforms, to businesses. Retail grocery giant Costco reports on Thursday, and Cramer will be paying attention to which products are and aren't selling.

Persons: CNBC's Jim Cramer, Cramer, Raphael Bostic, Austan Goolsbee, Hewlett Packard Organizations: Costco, KB, Federal, Atlanta Fed, Chicago Fed, Apple, Semiconductor, Micron, Retail, Commerce Department

☆ RH CEO explains why his company doesn't have a social media presence
▼ + stars: | 2024-09-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

RH CEO Gary Friedman told CNBC's Jim Cramer on Friday why the upscale home furnishing retailer doesn't have any official social media accounts, saying paid promotions by online influencers aren't authentic. And, you know, having fake fans and people you pay talk about you on Instagram or TikTok or whatnot, it's not the truth." Friedman conceded that social media has exploded, and "the digital visualization and connectivity is real." However, he said that if consumers aren't interested in our showing enthusiasm for the brand, RH should do better work, not pay others to talk about the company. He claimed that RH still has a solid presence online, but not because of paid influencing or social media marketing on the company's part.

Persons: Gary Friedman, CNBC's Jim Cramer, Friedman, it's, RH, There's Locations: London, Paris, Milan, Madrid, U.S, North Carolina

☆ Cramer's Lightning Round: Viking is a buy
▼ + stars: | 2024-09-19 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Viking's year-to-date stock performance. Viking : "You want to buy Viking...This is a really fine company, and it will do well for multiple years because they have many ships coming in." Stock Chart Icon Stock chart icon Gentex's year-to-date stock performance. Stock Chart Icon Stock chart icon Cadre Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon Celsius' year-to-date stock performance.

Organizations: Holdings, Cadre Holdings

☆ Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle
▼ + stars: | 2024-09-19 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years. "Now that the Fed's started cutting rates with a bang, you need to think about what kind of stocks will work best in what I consider to be a new regime. Our friends as CNBC Pro got you started with the ten stocks that've done best during the first three months after a rate cuts, going back to '84," he said. "But when you go through their current circumstances, the only ones I can fully endorse are Apple, Target and Textron, in that order."

Persons: CNBC's Jim Cramer, Cramer, –, Sarah Min Organizations: CNBC Pro, Apple, Target, Textron

☆ I visited Cracker Barrel. The CEO is right when she says it's 'not as relevant' as it once was
▼ + stars: | 2024-09-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Cracker Barrel's CEO said this year that the chain is "not as relevant" as it used to be. I went to a Cracker Barrel earlier this year outside Washington, DC, to see what's going on. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "We're just not as relevant as we once were," CEO Julie Masino told investors on a call in May.

Persons: —, that's, hasn't, We're, Julie Masino Organizations: Service, Business Locations: Washington

☆ Jim Cramer explains why he's not worried about the Fed's aggressive rate cut
▼ + stars: | 2024-09-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

"You need to know that a rate cut is never bad for stocks, as long as it's telegraphed," he said. "A large rate cut, as long as it's communicated to the media with plenty of time in a considered way, is also acceptable." Investors were anticipating interest rate cuts for some time, with most convinced the Federal Reserve would issue a September cut, but unsure whether it would be by 25 or 50 basis points. By Thursday's close, Wall Street seemed more confident about the cut. Cramer added that a double rate cut means even more cash will flow in from the sidelines.

Persons: CNBC's Jim Cramer, Thursday's, Cramer, you'll Organizations: Federal Reserve, Dow Jones Industrial, Nasdaq, Fed, Big Tech Locations: homebuilding, cyclicals

“There’s no one that can organize quite like labor,” Harris campaign manager Julie Chavez Rodriguez said. All together, labor leaders predict thousands of union members will deploy to battleground states to knock on doors or work phone banks. “It will be determinative,” Butler said of the Sun Belt labor groups' role in the November election. “Arizona is going to be a state that, at the end of the day, will elect the president — President Harris — I truly believe that,” McLaughlin said. “Momentum will carry Vice President Harris and Governor [Tim] Walz through.

Persons: Joe Biden, Kamala Harris, Harris, Donald Trump’s, “, ” Harris, Julie Chavez Rodriguez, ”, Verrett, Trump, Biden, Shawn Fain, Chavez Rodriguez, they’ve, ” Biden, canvassers, “ Trump, ” Chavez Rodriguez, Sen, Laphonza Butler, ” Butler, Harris ’, Karoline Leavitt, ” Leavitt, Jim McLaughlin, —, Harris —, ” McLaughlin, Tim, Walz Organizations: ” Workers, Service Employees International Union, Culinary Workers Union, AFL, CIO, Democratic, SEIU, United Automobile Workers, General Motors, Heritage Foundation’s, Trump, Democrats, Sun, Boeing, Teamsters Union, Teamsters, Arizona’s AFL, United Food & Commercial Workers, Biden Locations: Midwest, janitors, Canada, California , Illinois, New York, Arizona , Nevada , Georgia, North Carolina, Flint, Mich, McDonald’s, California, U.S, Reno , Nevada, Las Vegas, Nevada, Arizona

☆ AMD CEO talks competition with Nvidia: 'there’s no one size fits all in computing'
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

When CNBC's Jim Cramer asked AMD CEO Lisa Su about competition with artificial intelligence powerhouse Nvidia , she said there was room for more than one major player in the red-hot semiconductor industry. "The way to think about it is, there's no one size fits all in computing," she said. Both AMD and Nvidia design semiconductor chips essential for the new generative AI technology everyone in the enterprise is clamoring for. To Su, the "technology ecosystem" works well when there's competition and partnership, saying there should be areas where rivals work together and where they compete. Su also discussed the future of AI, saying the world is just beginning to recognize what AI can do.

Persons: Jim Cramer, Lisa Su, Su, It's Organizations: Nvidia, AMD, Intel, Big Tech

☆ T-Mobile CEO says his company is selling the iPhone 16 'at a greater rate' than last year's model
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Wednesday interview with CNBC's Jim Cramer, T-Mobile CEO Mike Sievert said his company was seeing more sales of the iPhone 16 than last year's series of the smartphones. "Not only good, but better than last year, and people are buying Pros, they're buying Maxs, so they're buying up the food chain, and they're buying at a greater rate than last year." Apple is set to release the iPhone16 in stores on Friday, widely touted for its new artificial intelligence capabilities. But according to Sievert, the iPhone16 is in demand, although the delay may lengthen the buying cycle. Sievert also reviewed announcements the company made at a conference it held on Wednesday.

Persons: CNBC's Jim Cramer, Mike Sievert, Sievert, Siebert, it's, we're Organizations: Mobile, Apple, Nvidia, Nokia

☆ Cramer's Lightning Round: PG&E is a buy
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Iron Mountain's year-to-date stock performance. Stock Chart Icon Stock chart icon Wells Fargo's year-to-date stock performance. Wells Fargo : "Wells Fargo's a winner, though...I think it's going to go higher." Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon PG&E's year-to-date stock performance.

Persons: It's, let's, Wells Locations: Wells Fargo

☆ Cramer explains what the Fed's rate cuts mean for tech stocks
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday discussed the repercussions of the Federal Reserve's interest rate cuts on the technology sector, saying he thinks they hinder tech stocks because the companies don't necessarily stand to benefit from lower rates. "With a double-sized rate cut that everybody already expected, you aren't gonna see a huge run in tech. Unlike companies in the retail or housing sector, large tech companies are largely divorced from the consumer and the labor market, and cater to the enterprise, he added. Consumer-oriented companies may be the ones to own during this cutting cycle, Cramer suggested, even though tech stocks can still be winners with rates coming down. "On days like today, we want the companies that desperately needed a rate cut, because they just got what they wished for," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Fed, Big Tech, Consumer Locations: San Francisco

☆ Cramer's Lightning Round: 'Buy more' Pfizer
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance. Stock Chart Icon Stock chart icon First Solar's year-to-date stock performance. Stock Chart Icon Stock chart icon Equity Residential's year-to-date stock performance. Stock Chart Icon Stock chart icon Moderna's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance.

Persons: Powell Organizations: Pfizer, Equity, Powell Industries

☆ Salesforce CEO describes new AI product's real-life use case in healthcare
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"Our doctors and our nurses are just way burnt out after the pandemic," Benioff said. Agentforce is a platform meant to automate certain functions, and Benioff has previously described how it helps clients like ADP , OpenTable, Wyndham and Wiley . Benioff claimed that Agentforce's capabilities are more advanced than other automated customer services functions that can lead to frustration. "We can make those customers successful with their customers in these incredible new ways," he said. "And it's so much more than just — go away with the 'hit one for sales, hit two for service, hit three for marketing.'

Persons: Marc Benioff, CNBC's Jim Cramer, Benioff, Wiley, Agentforce Locations: San Francisco, Wyndham

☆ The fabulous life of Michael Dell, the $108 billion tech icon betting big on AI
▼ + stars: | 2024-09-17 | by ( Julie Bort | Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Michael Dell is one of the world's wealthiest people, with a net worth of more than $100 billion. The Dell Technologies founder made his fortune by democratizing the PC and striking shrewd deals. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! AdvertisementMichael Dell, the tech entrepreneur who helped bring the personal computer to the masses, ranks among the world's wealthiest people with a net worth of $108 billion, per the Bloomberg Billionaires Index.

Persons: Michael Dell, —, Dell Organizations: Dell Technologies, Service, Bloomberg, Fortune, Business

☆ Siemens USA CEO explains how digital twins work to optimize manufacturing
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Tuesday interview with CNBC's Jim Cramer, Siemens USA CEO Barbara Humpton detailed how her company's digital twin program lets builders test models virtually before starting production. Based in Germany, Siemens develops hardware and software for several industries like electrical infrastructure and transportation, as well as digital twin technology for manufacturing facilities. Humpton said digital twins produce a "digital representation of any physical object" and incorporate the laws of physics. Humpton highlighted the company's "smart infrastructure" initiative, which she said is Siemens USA's largest and fastest-growing business. Smart infrastructure technology enables widespread electrification and data center creation, she said.

Persons: CNBC's Jim Cramer, Barbara Humpton, Humpton Organizations: Siemens USA, Siemens, NASA, Las Vegas Locations: Germany, Mars, U.S, New York, Los Angeles, North America, United States

“I’m here to support my wife and everybody else that deserves the right to have freedom of their reproductive rights,” said Goldberg, a 70-year-old retired computer software developer. Women clearly feel the impact of abortion restrictions, said Harris campaign manager Julie Chavez Rodriguez. At the same time, he argued, there’s no precedent for reproductive rights being a driving issue for men. The couple has become surrogates for the Harris campaign on reproductive rights, including at last month’s Democratic National Convention. “I’m here because the fight for reproductive rights isn’t just a women’s fight,” Josh Zurawski said at the Chicago convention.

Persons: Marcia Ruberg, ”, Kamala Harris, Gary Goldberg, “, Goldberg, Dobbs, —, Harris, Tim Walz, Doug Emhoff, Julie Chavez Rodriguez, Michael Cook, Ayres, Republican pollster, ’, ” Ayres, –, Samuel Chen, there’s, Chen, Pennsylvania Sen, Pat Toomey, Mike Mikus, Josh Shapiro, ” Shapiro, she’s, Joe Biden, Trump, Biden, Hadley Duvall, Duvall, Roe, surrogates, Morgan Mohr, Harris ’, Governor Shapiro, ” Mohr, Tony Goldwyn, Zachary Quinto, Josh Zurawski, Amanda Zurawski, isn’t, ” Josh Zurawski, ” Alexis McGill Johnson, ” Johnson, Fatima Goss Graves, ” Graves, Shapiro, ” Duvall, Andy Beshear, “ That’s, it’s, Chris Scholding, Larry Padersky Organizations: Philadelphia CNN, Trump, Democratic, CNN, Philadelphia, Republican, Pennsylvania, Pennsylvania Democratic Gov, Reproductive, Pittsburgh, Democratic National Convention, National Women’s Law, Fund, GOP, Harris Locations: Pennsylvania, Yardley , Pennsylvania, Pittsburgh, Florida, Philadelphia, Scranton, Allentown, Harrisburg, Chicago, Kentucky, New Jersey

☆ Jim Cramer says AI's real enterprise value lies in customer service
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday pinpointed why he thinks artificial intelligence is useful across the business world, saying its value stems from customer service potential across industries. Cramer gave examples of how AI customer service capabilities could change workflows in several fields, including retail, food service, law and health care. He suggested AI agents could answer patients' questions and free up doctors' time to engage in other pursuits. "AI makes things go faster — everything. It makes things more rational — everything," he said.

Persons: CNBC's Jim Cramer, Cramer, hasn't

☆ How data-security posture management could make your cloud systems less vulnerable
▼ + stars: | 2024-09-17 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Companies can face data-security challenges with cloud storage and access management. Dan Benjamin, the senior director of product management at Prisma Cloud, a cloud-security platform made by Palo Alto Networks, said that incorporating data-security posture management into cybersecurity strategies could help solve many of these problems. This is crucial, as an IBM report published in 2023 estimated that 82% of data breaches involved data stored in the cloud. Organizations also often use several cloud systems and sometimes lack a solid security strategy for maintaining, updating, and securing data. Liat Hayun, the vice president of product management and research of cloud security at the cybersecurity company Tenable, said cloud environments' flexibility makes them attractive to companies.

Persons: —, Dan Benjamin, Benjamin said, Liat Hayun, Tenable, they're, Hayun, haven't, Benjamin, DSPM, Julie Madhusoodanan, Madhusoodanan Organizations: Service, Palo Alto Networks, LinkedIn, Companies Locations: DSPM, Normalyze

☆ FBI investigates suspect in apparent Trump assassination attempt and historic Emmy night for 'Shōgun': Morning Rundown
▼ + stars: | 2024-09-16 | by ( Elizabeth Both | Elizabeth Both Is An Associate Platforms Editor For Nbc News | Based In New York. | ) www.nbcnews.com time to read: +9 min

The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.

Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, “, ”, Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo

☆ Cramer's Lightning Round: Herbalife is 'too controversial, too crazy'
▼ + stars: | 2024-09-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon NextEra Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Alight's year-to-date stock performance. Stock Chart Icon Stock chart icon Herbalife's year-to-date stock performance. Stock Chart Icon Stock chart icon Microsoft's year-to-date stock performance. Stock Chart Icon Stock chart icon Hewlett Packard's year-to-date stock performance.

Persons: NextEra, Hewlett, Hewlett Packard, Jim Cramer's Organizations: NextEra, Microsoft

☆ Broadcom CEO explains why the company increased AI revenue guidance
▼ + stars: | 2024-09-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Monday interview with CNBC's Jim Cramer, Broadcom CEO Hock Tan detailed why the semiconductor company hiked up its guidance for artificial intelligence revenue during its earnings report earlier this month, saying huge enterprises are invested in the products. "We are in a segment of the market in AI where we are addressing several hyperscalers," he said. "And these hyperscalers have very strong incentive, ambition to towards building continually, investing in large language models to basically create models that are smarter and smarter." According to Tan, the AI boom is far from over, as some investors fear. Tan claimed that Broadcom has suffered from a "typical hangover" that comes with the upcycle the company saw during Covid.

Persons: CNBC's Jim Cramer, Hock Tan, Tan Organizations: Broadcom, Big Tech

☆ Cramer says to 'sit on your hands' until the Fed makes a rate cut decision
▼ + stars: | 2024-09-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

While Wall Street widely expects the Fed to cut rates after its meeting later this week, it remains up in the air how large the cut will be. Some expect a 25 basis-point cut, while others are hoping for a 50 basis-point cut. According to Cramer, investors took profits in tech and bought cyclical stocks because many anticipate a higher rate cut. He suggested that if the Fed decides to cut rates by 0.25%, investors will shift back into tech, and Monday's winners will suffer. It flows right back to where it came from: The tech stocks that got sold today," he said.

Persons: CNBC's Jim Cramer, Cramer, there's, Don't, it's Organizations: Federal Reserve, Dow Jones Industrial, Nasdaq, Toll Brothers

☆ E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
▼ + stars: | 2024-09-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday that the company has performed well even as the cosmetics industry goes through a rough patch, stressing the budget-conscious nature of the products. The company's most recent quarter beat expectations and the beauty retailer said it saw sales grow by 50%. Amin said the company posted 22 consecutive quarters of net sales growth and market share growth. Some beauty companies have reported a slowdown in consumer spending, and Amin said the category is seeing "softness," down 6%. We'll do the same this time, and the only other big difference is we continue to diversify our supply chains."

Persons: Tarang Amin, CNBC's Jim Cramer, Amin, Gen Z, Roblox Organizations: Alpha Locations: U.S, China

WASHINGTON — The Harris campaign is launching its largest effort yet to reach Latino voters, with new spending on Spanish-language radio and an organizing push around boxing matches and baseball games as National Hispanic Heritage Month kicks off this weekend. Vice President Kamala Harris will address the Congressional Hispanic Caucus Institute’s annual conference on Wednesday, according to a senior campaign official, and Minnesota Gov. Tim Walz is expected to pitch Latino voters in swing states in the coming weeks. The Harris campaign is also planning to host gatherings around Mexican Independence Day on Monday, including voter contact events at churches. The Harris campaign is especially focused on reaching undecided Latino voters who may be persuaded by some of Trump’s economic message.

Persons: WASHINGTON, Harris, Kamala Harris, Tim Walz, Adriano Espaillat, Sen, Ben Ray Lujan, Julie Chavez Rodriguez, Canelo Alvarez, Edgar Berlanga, Donald Trump, Luchadora, Walz ”, Chuy Garcia, Chavez Rodriguez, ” Chavez Rodriguez, Trump, Xavier Becerra, Miguel Cardona, Walz ” WhatsApp, Trump’s, Matt Baretto Organizations: Hispanic Heritage, Congressional Hispanic, Minnesota Gov, NBC News, Detroit Tigers Hispanic Heritage, Health, Human Services, Trump, BSP Research, Democratic Locations: Arizona , Nevada, Pennsylvania, Las Vegas, Mobile, California, Michigan, Arizona, UnidosUS

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