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☆ Cramer's Lightning Round: SoundHound is a sell
▼ + stars: | 2024-06-04 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Energy Transfer : "[buy, buy, buy!] Leonardo DRS : "It's real good, and you want to hold onto that." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer The CNBC Investing Club Charitable Trust holds shares of Coterra and Nvidia.

Persons: You've, Leonardo, Jim Cramer's Organizations: Obsidian Energy, Nvidia, Zim Integrated Shipping Services, GE, AES, CNBC, Club, Club Charitable Trust Locations: Coterra

☆ 'You name it, Labour will tax it': UK PM Sunak attacks main rival as he languishes in election polls
▼ + stars: | 2024-06-04 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

U.K. Prime Minister Rishi Sunak (left), leader of the incumbent Conservatives, and opposition leader Sir Keir Starmer of the Labour Party. The politicians traded barbs in their first head-to-head debate on Tuesday ahead of the July 4 General Election. "I'm clear that I'm going to keep cutting people's taxes as we now are ... Mark my words, Labour will raise your taxes, it's in their DNA. You name it, Labour will tax it," Sunak said. Labour leader Keir Starmer said the £2,000 calculation was "based on made-up Labour policies."

Persons: Rishi Sunak, Sir Keir Starmer, Sunak, Keir Starmer, Starmer, Liz Truss, Julie Etchingham Organizations: Conservatives, Labour Party, Conservative Party, Labour, Conservative, ITV News

☆ Cramer says investors should accept market weakness and 'just wait' for rate cuts
▼ + stars: | 2024-06-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Cramer suggested that bullish investors sometimes want incompatible scenarios — weakness in the economy but not in the companies they're invested in. The weaker-than-expected Manufacturing PMI released on Monday was a big overhang on the market, with investors concerned about the strength of the economy. Cramer said these results could be a harbinger of interest rate cuts and also reminded investors that Friday's nonfarm payroll report for the month of May is vital data for the Fed. "When you read the statement for the Manufacturing PMI, it is weak, weaker than feared. "And that's ultimately what could sway the Fed — particularly if we get any sort of job weakness on Friday's numbers."

Persons: CNBC's Jim Cramer, Jay Powell, Jerome Powell, Cramer Organizations: Federal Reserve, PMI, Manufacturing PMI

☆ Jim Cramer explains why Dell is a buy on the dip
▼ + stars: | 2024-06-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After shares of Dell took a hit last week and continued to sink during Monday's session, CNBC's Jim Cramer told investors why he thinks the stock is a good buy at its current price level. "The main problem is that Dell failed to live up to irrationally high expectations, the expectations that fueled the stock's stunning rally this year," he said. Even if Dell's AI offerings aren't driving earnings just yet, Cramer said he was still impressed with sales momentum. In the earnings release, Dell said its AI server shipments doubled since the previous quarter and its backlog grew more than 30%. Cramer called Dell's recent decline a "healthy pullback for a stock that had gotten overheated."

Persons: CNBC's Jim Cramer, Dell, Cramer, Wall Organizations: Dell, Investors

WASHINGTON — President Joe Biden is expected to sign an executive action Tuesday that would temporarily shut down the southern border when daily migrant crossings between legal ports of entry exceed 2,500, with the border reopening when the number falls below 1,500, according to three people familiar with the discussions. Details of the executive order were reported exclusively by NBC News on May 23. On Sunday, Claudia Sheinbaum, whose candidacy was supported by López Obrador, won election to succeed him as president. A shutdown would not block trade, travel or entry by immigrants presenting themselves lawfully for asylum at ports of entry. But it would block migrants from applying for asylum if they crossed the border between ports of entry during the shutdown.

Persons: Joe Biden, Tuesday's, Andrés Manuel López Obrador, Claudia Sheinbaum, López Obrador Organizations: Texas National Guard, WASHINGTON, of Homeland Security, NBC News, U.S . Locations: Mexico, Rio Grande, El Paso , Texas, U.S

☆ The Biden Administration's labor department is hitting the road for 'Good Jobs Summer'
▼ + stars: | 2024-06-03 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Acting Secretary of Labor Julie Su is hitting the road — and wants good jobs to follow. Su is bringing the Department of Labor's "Good Jobs Principles" — a national framework for better working conditions and positions — across the country. Related storiesAs part of the tour kickoff, Phoenix Mayor Kate Gallego will also announce the city's commitment to the Good Jobs Principles. It's the DOL's latest attempt at promoting the idea of "good jobs," and making them more widespread. So it's embedding equity in the way that we're creating these jobs, " Teresa Acuna, the senior policy advisor and deputy director of the Good Jobs Initiative, said.

Persons: Labor Julie Su, Su, Biden, Kate Gallego, Teresa Acuna, Acuna, we're Organizations: Service, Labor, of, Business, Department of Labor, Biden Administration, Conference, Phoenix, Good Jobs Initiative Locations: Phoenix, Alabama, Florida, Georgia, Pennsylvania, Nevada, Michigan

☆ Cramer's Lighting Round: Amazon 'has a lot of room to go higher'
▼ + stars: | 2024-06-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Amazon's year-to-date stock performance. Stock Chart Icon Stock chart icon Forward Air's year-to-date stock performance. Stock Chart Icon Stock chart icon Ingersoll Rand's year-to-date stock performance. Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon Insmed's year-to-date stock performance.

Persons: They've, Ingersoll, Ingersoll Rand, Jim Cramer's Organizations: Forward

☆ They Revolutionized Shopping, With Tea Sandwiches on the Side
▼ + stars: | 2024-06-02 | by ( Alexandra Jacobs | ) www.nytimes.com time to read: +1 min

WHEN WOMEN RAN FIFTH AVENUE: Glamour and Power at the Dawn of American Fashion, by Julie SatowIn 1980, Donald J. Trump made the front page of The New York Times after assaulting a pair of scantily clad women at a Fifth Avenue department store. The sculptures’ significance was allegorical as well as architectural: Department stores, though erected mostly by men, have always been feminine domains. “The Ladies’ Paradise” is the English title of Émile Zola’s 1883 novel, set at a store modeled after Le Bon Marché, still standing in Paris despite the ravages of e-commerce. Patricia Highsmith framed her 1952 lesbian romance “The Price of Salt” at the fictional Frankenberg’s, based on Bloomingdale’s. Now Julie Satow has written a group biography of the department-store doyennes who ran the show — and these places in their heyday really were a form of theater — for the male founders and owners whose names adorned the facades.

Persons: Julie Satow, Donald J, Trump, Bonwit Teller, Émile, Le Bon Marché, Patricia Highsmith Organizations: WOMEN, New York Times, Trump Tower, Metropolitan Museum of Art, Department Locations: Paris

☆ Grilled Soy-Basted Chicken With Spicy Cashews, a Five-Star Reader Favorite
▼ + stars: | 2024-06-02 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

Good morning. I used the book to practice and then to master (maybe?) the art of American grilling, and the confidence it gave me eventually allowed me to stray from the recipes, to adapt them and eventually to make them my own. This recipe for grilled soy-basted chicken thighs with spicy cashews (above) is one of my favorite examples, an adaptation of an appetizer dish that Schlesinger and Willoughby developed at the turn of the century. The skinless meat browns beautifully over a medium flame and a basting of gingery soy sauce and brown sugar lacquers it beautifully at the end.

Persons: Julie Powell, Julia Child’s “, Chris Schlesinger, John Willoughby’s “, Schlesinger, Willoughby Organizations: Flames

☆ Cracker Barrel is in a battle for relevancy. One of its solutions is surprising
▼ + stars: | 2024-06-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New Cracker Barrels might be smaller restaurants altogether, with menus that include new items like green chili cornbread and banana pudding. Discounted dinner from 4 to 6 p.m.Why would Cracker Barrel, so desperate for relevancy, lean into a tactic typically used to attract senior citizens? A woman eats lunch at Cracker Barrel. Masino didn’t explicitly mention the specials during the discussion about the long-term strategy for Cracker Barrel. To compete in this environment, Cracker Barrel realizes it has to offer some type of deal.

Persons: Julie Felss Masino, ” Masino, ”, Jeff Greenberg, Baby, Masino, Lisa W, Miller, RJ Hottovy, It’s, “, John A, Gordon Organizations: New, New York CNN, Universal, Getty, Baby Boomers, Miller & Associates, Street Journal, Pacific Management Consulting Group Locations: New York, The Tennessee, Placer.ai

☆ I always wear my engagement and wedding rings. Men still don't believe I'm married.
▼ + stars: | 2024-06-01 | by ( Julie Charnet | ) www.businessinsider.com time to read: +4 min

Read preview"I'll have a gin and tonic," I'd told the bartender after taking the last seat at the bar. I sat down and texted my husband, Jon, that I'd made it to the jazz club. Advertisement"Oh, no thanks, I'm waiting for my husband," I disclosed — raising my left hand with wedding and engagement rings. Later, when my tongue hit the ice in my glass, I heard him say,"I don't think you're married, or your husband isn't coming." Rick looked up at him.

Persons: —, I'd, Jon, I'm, isn't, he'd, Rick, Sara Vaughn, Nina Simone, texted Organizations: Service, Business Locations: California

☆ Cramer's week ahead: Labor report, plus Gitlab and Crowdstrike earnings
▼ + stars: | 2024-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike . Cramer said he's waiting to see how the company will perform because some in the enterprise software sector see issues with sales. Tuesday brings quarterly results from CrowdStrike, and Cramer said this cybersecurity company has been doing better than many of its peers. Friday brings perhaps the most important event of the week, according to Cramer, the Labor Department's nonfarm payroll report. Cramer said the Federal Reserve won't be inclined to cut rates until the unemployment rate reaches 4%.

Persons: CNBC's Jim Cramer, Cramer, he's, Hewlett Packard, Ferguson, PVH, Calvin Klein, Tommy Hilfiger, Ralph Lauren, Campbell Soup, Jack Daniels, Brown, Forman, Lululemon, JM Smucker, Smucker Organizations: Dell, athleisure, Labor

☆ Cramer's Lighting Round: 'You've got a winner' with Astra Zeneca
▼ + stars: | 2024-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Viking Therapeutics : "I say you need to be in Eli Lilly. Step your game up, partner." AstraZeneca : "This is an amazing team that they've got at AstraZeneca now, and they've got fantastic formulations in oncology, but also heart. And they have a GLP-1 kind of thing going on, but it's a little far removed...You've got a winner with AstraZeneca."

Persons: Eli Lilly, they've, You've Organizations: Viking Therapeutics, AstraZeneca

☆ Cramer says to buy Costco after the stock's post-earnings dip
▼ + stars: | 2024-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday told investors it's a good idea to buy Costco , whose earnings on Thursday beat Wall Street's expectations but the stock still slipped in extended trading. "And if Costco keeps falling, just keep buying more, because there's nothing else like this company — never will be." Cramer said he's confident about the big-box retailer's path to success and isn't worried about its recent change in management. Costco has a new CEO in Ron Vachris and a new finance chief, Gary Millerchip. Cramer added that he thinks Millerchip, who previously served as the chief financial officer of Kroger, is a solid executive.

Persons: CNBC's Jim Cramer, it's, —, Cramer, isn't, Ron Vachris, Gary Millerchip, Vachris, he's, Craig Jelinek, Millerchip, Kroger, Costco didn't Organizations: Costco, Kirkland

☆ Google, augmented reality startup Magic Leap strike partnership deal: Reuters
▼ + stars: | 2024-05-30 | by ( ) www.cnbc.com time to read: +2 min

Alphabet 's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds. Magic Leap said in a blog post on Thursday that the two companies have agreed to a partnership. The partnership would combine Florida-based Magic Leap's expertise in optics and device manufacturing with Google's technology platforms, Magic Leap said. Google is an investor in Magic Leap, which is majority owned by Saudi Arabia's Public Investment Fund. Magic Leap and Google both declined to say whether the partnership was expected to yield a consumer AR device.

Persons: We've, Julie Larson, Green, Larson Organizations: Google, Meta, Apple, Reuters, Saudi Arabia's Public Investment Fund, Samsung Electronics, Astra Locations: Florida

☆ Cramer's Lightning Round: Beyond Meat is 'too risky'
▼ + stars: | 2024-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Riot Platforms' year-to-date stock performance. Stock Chart Icon Stock chart icon KLA's year-to-date stock performance. Stock Chart Icon Stock chart icon Beyond Meat's year-to-date stock performance. Stock Chart Icon Stock chart icon Advanced Micro Devices' year-to-date stock performance. Stock Chart Icon Stock chart icon Warby Parker's year-to-date stock performance.

Persons: we're, Warby, Warby Parker, Jim Cramer's Organizations: Devices, AMD, Nvidia

☆ Cramer says enterprise software sector's prominence may be winding down
▼ + stars: | 2024-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday told investors that enterprise software companies may not be as lucrative as they have been over the past few years as artificial intelligence technology gains traction. CEO Marc Benioff described a "measured" buying environment across the industry after Covid, when companies had bought up large amounts of enterprise software. While Cramer said he's not writing off Salesforce, he suggested there may be too many enterprise software companies in the business, saying perhaps customers have purchased more of its products than they can actually use. Companies could be reevaluating their investment in enterprise software as they figure out how AI can change business operations, according to Cramer. He noted that some enterprise software is designed for jobs that AI could make superfluous.

Persons: CNBC's Jim Cramer, Jensen Huang, Cramer, Thursday's, Marc Benioff, he's Organizations: Nvidia

☆ Best Buy CEO explains how the company is preparing to sell new AI-enabled computers
▼ + stars: | 2024-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Best Buy CEO Corie Barry told CNBC's Jim Cramer the electronics retailer is getting ready to sell a slew of new artificial intelligence-enabled personal computers. Amazon , Best Buy , Costco and other retailers will sell the new computers. Best Buy released earnings Thursday morning that showed weaker-than-expected sales, but Barry said on the earnings call that new devices would boost excitement and sales. Barry said Best Buy employees will be trained to help customers get the most from their purchases by explaining the new features. She added that Best Buy is "trying to help bring the story to life no matter who the vendor partner is."

Persons: Corie Barry, CNBC's Jim Cramer, Barry, We've, we've Organizations: Microsoft, Dell, HP, Lenovo, Costco, Qualcomm

☆ Cramer's Lightning Round: 'Stay away' from Crown Castle
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Walt Disney's year-to-date stock performance. Stock Chart Icon Stock chart icon Topgolf's year-to-date stock performance. Stock Chart Icon Stock chart icon Crown Castle's year-to-date stock performance. Stock Chart Icon Stock chart icon Oklo's year-to-date stock performance. Stock Chart Icon Stock chart icon AppLovin's year-to-date stock performance.

Persons: Walt Disney's, Walt Disney, Nelson, I've, Dick's, AppLovin, I'm, Jim Cramer's Organizations: GE

☆ Cramer explains why some are skeptical of Nvidia's ballooning market cap
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

He suggested Nvidia could soon surpass Microsoft 's market capitalization but explained why some on Wall Street are suspicious of the artificial intelligence darling's swift journey to the top. "Somehow, to so many, it just doesn't seem right that a company they rarely interact with could be this big. If Nvidia keeps up its current growth pace, Cramer said it could soar past Apple and overtake Microsoft soon. At around $3.2 trillion, Microsoft is the biggest company on the market, followed by Apple at about $2.9 trillion and Nvidia at roughly $2.8 trillion. "And for all we know Nvidia, not Apple, not Microsoft, is Secretariat, the greatest of them all."

Persons: CNBC's Jim Cramer, Cramer, Berkshire Hathaway, Warren Organizations: Nvidia, Microsoft, Apple, Exxon Locations: Berkshire

☆ Chipotle CEO discusses viral TikTok trend, company's first-ever stock split
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Chipotle CEO Brian Niccol addressed a recent TikTok trend that claims the fast food chain is skimping on portion sizes. Dubbed the "Chipotle phone method," the trend involves some users on Tiktok filming Chipotle workers as they get orders ready in order to receive more toppings. Niccol also discussed Chipotle's first-ever stock split. One Chipotle share is currently worth $3,072.85, and the split is expected to take effect in June. "There's a lot more excitement when you can buy a whole share or get a couple shares," Niccol said.

Persons: CNBC's Jim Cramer, Brian Niccol, Niccol, Chipotle, We're, Chipotle's, Jack Hartung

☆ After revenue miss, Salesforce CEO details the 'measured' buying environment for enterprise software companies
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After Salesforce posted its first revenue miss since 2006, CEO Marc Benioff told CNBC's Jim Cramer how the market for enterprise software companies has changed since the pandemic. The reality is, you're going to have heterogeneous buying environments, it's going to happen," Benioff said. "And we're in this post-pandemic reality where the buying environment has — and we've talked about this now for a few quarters — been very measured for enterprise software companies. Benioff said that during the pandemic, companies "aggressively" bought enterprise software. "It's been a complete financial transformation," Benioff said.

Persons: Salesforce, Marc Benioff, CNBC's Jim Cramer, Benioff, we've, Wednesday's, they've, he's, It's, it's Organizations: FedEx, Air India

☆ Don't get creative with your resume, says ex-Nvidia recruiter—color is 'a little gimmicky'
▼ + stars: | 2024-05-28 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

For instance, while the standard resume is written in black font, should you consider accent colors like green or purple? Overall, she says, when it comes to your resume, "make it boring," adding, "no colors, no charts, no graphs, no pictures." 'Nobody really wants a creative accountant'When it comes to a colorful font, experts agree it really depends on the industry you're in. Keep it to Arial, Times New Roman or Calibri, 11-point, black font on a white or cream-colored resume. If you've chosen a color other than black, try printing out your resume to see if it's legible before using it.

Persons: Stefanie Fackrell, Julie Bauke, you've, Octavia Goredema Organizations: Nvidia, Bauke, Times

☆ Jim Cramer explains why stock splits can bring gains
▼ + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Using Nvidia 's announcement last week of its 10-for-1 stock split as an example, CNBC's Jim Cramer explained why such moves can give companies a boost. "In theory, stock splits, they shouldn't matter at all," he said. "But if you just look at the stock splits that've been announced … they clearly don't hurt." Cramer explained that companies usually split stock to make shares with "terrifying price tags" more available to regular investors. While Cramer stressed that stock spits don't guarantee gains, he said a company's shares often do rise after such an announcement.

Persons: CNBC's Jim Cramer, …, Cramer Organizations: Nvidia, Walmart, Lam Research Locations: Chipotle

☆ Cramer examines the bull cases for Nvidia as it sets new highs
▼ + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Just because CNBC's Jim Cramer thinks investors should own Nvidia — not trade it — doesn't mean he thinks they should buy it right now. On Tuesday, he said he still believes in the company but explained why the stock's rally may not continue. "While Nvidia's a great company with a great stock, in the end, it's still a stock. Cramer reaffirmed his belief that Nvidia, which hit a new high Tuesday, "pretty much owns AI, and AI pretty much owns the future," saying the company has been focused on developing extremely fast chips for decades. "The buyers haven't repealed the laws of what governs a stock, even if that stock is Nvidia," he said.

Persons: CNBC's Jim Cramer, it's, there's, Cramer, Ben Reitzes, Dan Fitzpatrick, Fitzpatrick Organizations: Nvidia

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