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CNBC's Jim Cramer told investors he's pleased with Google parent Alphabet 's most recent quarter, lauding the company's proof of profitability. Cramer added that it underscores why his CNBC Investing Club Charitable Trust owns Alphabet, saying he'd buy the stock on a dip. But after listening to the company's conference call, Cramer was convinced that AI is helping search, which in turn helps advertising revenue. According to Cramer, another reason for Alphabet optimism is the success of its cloud business, which he noted boasts clients like Mercedes-Benz , Cintas and Walmart . He added that he's happy with another arm of the business, YouTube, saying it's a big positive in the company's ad revenue growth.
Persons: CNBC's Jim Cramer, he's, Cramer, he'd Organizations: Google, CNBC, Club Charitable Trust, Benz, Cintas, Walmart, YouTube
Anne Hathaway just hinted about a possible sequel to the beloved "Princess Diaries" movies. AdvertisementThe stars may finally be aligning for "Princess Diaries 3" to the thrill and delight of millennials everywhere. In "The Princess Diaries 2: A Royal Engagement," Princess Mia met her match in the handsome Lord Nicholas Devereaux, played by Chris Pine. Asked about "Princess Diaries 3" by The New York Times, she affirmed that things were moving along but again didn't share any details. AdvertisementIn 2019, one fan tweeted that they were "expecting a princess diaries 3 of them ruling genovia while raising their child."
Persons: Anne Hathaway, Hathaway, there's, , Julie Andrews, Mia Thermopolis, Princess Mia, Lord Nicholas Devereaux, Chris Pine, isn't, Genovia, Pine, anne hathaway, chris, Andrews Organizations: Disney, Service, The New York Times Locations: Genovia, Hathaway
It's a week jam-packed with notable events, including earnings from Apple , Amazon and Eli Lilly . He also said to pay attention to Wednesday's Federal Reserve meeting and Friday's employment figures from the Department of Labor. "We have to run such a ridiculous gauntlet next week that I have no idea how it'll play out," he said. Wednesday also brings reports from Wingstop , Carvana and Marriott . Apple will report on Thursday, and Cramer noted there's been a lot of negative sentiment from investors surrounding the company.
Persons: CNBC's Jim Cramer, Eli Lilly, Jensen Huang, Cramer, it's, he'll, Seagen, there's Organizations: Apple, Federal Reserve, Department of Labor, Nvidia, Food and Drug Administration, Starbucks, CVS, Pfizer, Amazon, Walgreens, Marriott, Vision Locations: It's, China, Wingstop, Carvana
"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.
Persons: Ellen Degeneres, DeGeneres, , Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American
Cramer's Lightning Round: Diamondback Energy is a buy
  + stars: | 2024-04-26 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Celsius' year-to-date stock performance. Stock Chart Icon Stock chart icon SLB's year-to-date stock performance. Stock Chart Icon Stock chart icon Diamondback Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon Travelers Companies' year-to-date stock performance.
Persons: SLB Organizations: Resources, Natural, Companies, Travelers Companies
In a Friday interview with CNBC's Jim Cramer, Fair Isaac CEO Will Lansing challenged the accusation that his company has a monopoly on the industry. Fair Isaac is an analytics software and services company known for developing the FICO score. "We don't have a monopoly, there are alternatives to FICO score. "There are alternatives, and we're there because we're good, not because we have some kind of special privileges." He also pointed out that Fair Isaac faced an antitrust investigation several years ago and "came out clean."
Persons: CNBC's Jim Cramer, Isaac, Will Lansing, Lansing, Missouri Sen, Josh Hawley, Hawley Organizations: of Justice Locations: Missouri
CNBC's Jim Cramer on Thursday said companies that perpetually generate "self-help" are poised to do well in this market. In other words, they find ways to grow and perform well despite what might be happening in the broader economy. "When we're looking for reasons to buy a stock in this environment, we want companies that generate constant self-help. This kind of "self-help" may be the "antidote" to the big-picture worries weighing on the market, Cramer said. "It takes a special kind of stock to do well when the economy's slowing while inflation just won't quit," he said.
Persons: CNBC's Jim Cramer, that's, Chipotle, Thursday's, Cramer
Tractor Supply CEO Hal Lawton told CNBC's Jim Cramer on Thursday that a substantial number of Americans are moving out of cities, and many are headed to rural areas. "They've continued, albeit to a lesser absolute number, but net we're still seeing significant migration out of urban America, and most of that migration, or a lot of it, is going into rural America," Lawton said. Tractor Supply is a retail chain that sells equipment for home improvement, such as supplies for gardening and farming. Lawton told Cramer that the company has been dealing with business headwinds, with consumer spending trends swinging from goods to services. But he expressed optimism for the future, saying Tractor Supply can "begin to see light at the end of the tunnel now against those headwinds."
Persons: Hal Lawton, CNBC's Jim Cramer, Lawton, They've, Cramer Organizations: Tractor, Neighbor's Locations: America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo rate cuts appears likely as consumer spending begins to slow, says UBS' Julie FoxJulie Fox, UBS, joins 'Closing Bell' to discuss the trading day and her sector picks.
Persons: Julie Fox Julie Fox Organizations: UBS
Cramer's Lighting Round: Don't buy NuScale Power
  + stars: | 2024-04-25 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Movado Group's year-to-date stock performance. Stock Chart Icon Stock chart icon GigaCloud Technology's year-to-date stock performance. GigaCloud Technology : "It's an ecommerce play that I just don't know enough about...I've got to do work on that one." Stock Chart Icon Stock chart icon NuScale Power's year-to-date stock performance. NuScale Power : "Just go buy GEV...I don't want you to lose any money."
Persons: Movado, GigaCloud, I've, NuScale Organizations: Movado, GigaCloud
Around 11:40 on a cool spring day in early April, students began to stream into the lunchroom at Haleyville High School in Alabama. Cheerleaders, soccer and baseball players, and other members of the student body filed through the lunch line and sat at their tables. and prom as they dug into plates of chicken Alfredo, green beans and salad. Emma Anne Hallman, standing in a corner, watched the teenagers carefully. As the child nutrition director for the Haleyville City School District, she has the job of feeding 1,600 students, in prekindergarten through 12th grade.
Persons: Alfredo, Emma Anne Hallman Organizations: Haleyville, School, Roaring Lions, Haleyville City School District Locations: Alabama, prekindergarten
CNBC's Jim Cramer said Wednesday that he doesn't feel great about the market here, but is optimistic for the longer term. Cramer said the market's not so ugly that "cash is king" and investors should bail completely, but he indicated that it's still a good idea to have some on hand. Cash may not be king right here, but it certainly isn't pawn either." One cause for concern is the pull of the bond market, Cramer said, with some investors enticed by risk-free Treasurys. Stocks will decline if long-term bond yields continue to rise, he added, pointing out that this week's slew of colossal bond auctions could hurt equities.
Persons: CNBC's Jim Cramer, Cramer, We've, , Cash, It's, you'd Organizations: CNBC
Rep. Donald Payne Jr. dies at age 65
  + stars: | 2024-04-24 | by ( Rebecca Shabad | Julie Tsirkin | Bridget Bowman | ) www.cnbc.com   time to read: +3 min
Rep. Donald Payne Jr., D-N.J., has died at the age of 65 after several weeks of being hospitalized following a "cardiac episode" in early April. "Deeply saddened by the passing of Congressman Donald Payne Jr., a good friend, highly effective public servant and compassionate leader. Payne succeeded his father, Rep. Donald M. Payne, who also died in office. Payne Jr., was a member of the Congressional Black Caucus and served on the House Homeland Security and Transportation and Infrastructure Committees. The special primary election must be held between 70 and 76 days after the governor's proclamation, and the special general election must be held between 64 and 70 days after the primary election.
Persons: Donald Payne Jr, Phil Murphy, Donald, Murphy, didn't, Hakeem Jeffries, Payne, Donald M, Payne Jr, Biden, Mike Gallagher Organizations: New, New Jersey Gov, New Jersey Globe, Congressional, Congressional Black Caucus, House Homeland Security, Transportation, Infrastructure, The New, The New Jersey Department, Daily, Republicans Locations: New Jersey, Newark, D, Essex, Hudson, Union, . New Jersey, The, The New Jersey, Payne's
Millions more Americans could become eligible for overtime pay. Here's what to know:The new salary limitsStarting July 1, 2024, people earning less than $43,888 per year, or $844 per week, would be eligible for overtime pay. It could also cause businesses to adjust their procedures so people work fewer overtime hours, giving employees more time back. Roughly 15% of salaried workers are currently entitled to overtime pay, and that will roughly double under the new salary limits. However, it's far lower than the 60% of salaried workers who were entitled to overtime pay in the 1970s, per the EPI.
Persons: Harris, Trump, Labor Julie Su, Who's Organizations: Biden, Labor, Fair Labor, Labor Department, Institute
CNBC's Jim Cramer on Wednesday told investors he's confident in the success of Apple 's Vision Pro and sees uses for the product outside the consumer space. But Cramer argued that recent reported weakness about the prosperity of the Vision Pro does not hold weight. Cramer also suggested that Apple could pivot and market the Vision Pro as an enterprise product. At Nvidia 's conference last month, he was impressed by how the company's technology worked with the Vision Pro. And with digital twin technology, he suggested the Vision Pro could be a boon for the industrial sector.
Persons: CNBC's Jim Cramer, , Cramer, that's Organizations: Wednesday, Apple, Nvidia, Vision
The project complies with city codes, and the San Francisco Planning Commission gave unanimous approval months ago; in many cities that would have been good enough for the remodel to move forward. But in San Francisco, neighbors wield unusual power over next-door renovations and modest improvements and can appeal even the replacement of rotted front steps. So on Tuesday, 11 members of San Francisco’s Board of Supervisors will serve as judges in home construction, hearing from Ms. Park and Mr. McDonald, their neighbors, lawyers, Planning Department experts and any members of the public who care to weigh in. The feud between wealthy neighbors is emblematic of the city’s languor when it comes to building anything. San Francisco has already drawn the ire of state housing officials, who have demanded that the city add 82,000 units in the next seven years, a goal that seems out of reach when many projects draw multiple rounds of challenges and years of delays.
Persons: Julie Park, Tom McDonald, McDonald Organizations: San Francisco Planning, San, Supervisors, Planning Department Locations: Francisco’s, San Francisco, San Francisco’s
CNN —Millions of salaried workers will soon qualify for overtime pay under a final rule released by the US Department of Labor on Tuesday. The new rule raises the salary threshold under which salaried employees are eligible for overtime in two stages. About 4 million more workers will qualify for overtime when the rule is fully implemented in January, the agency estimates. “Too often, lower-paid salaried workers are doing the same job as their hourly counterparts but are spending more time away from their families for no additional pay. The salary threshold will be updated every three years, starting July 1, 2027, the agency said.
Persons: Julie Su, Trump, Obama, , , Ted Hollis, Brady, Sean Kennedy, DOL, Ben Brubeck, Barack Obama Organizations: CNN, US Department of Labor, Labor, Quarles, National Restaurant Association, Associated Builders and Contractors, Labor Department Locations: South, Texas
The first draft of Kathleen Hanna’s memoir, “Rebel Girl: My Life as a Feminist Punk,” was 600 pages long. As she worked to cut the manuscript, Hanna found herself excising page after page of male violence. “It’s pretty sad, if you read the book, because there’s still a lot in there,” she told me. But when it came time to write her life story, she realized that she could not playfully twist away from her past. “I keep trying to make my rapes funny, but I have to stop doing that because they aren’t,” she writes in the book, which comes out on May 14.
Persons: Kathleen Hanna’s, , Hanna, there’s, , Tigre, Julie Ruin
Cramer's Lightning Round: Broadcom is a buy
  + stars: | 2024-04-23 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Petroleo Brasileiro's year-to-date stock performance. I am going to hit the [sell, sell, sell!] Stock Chart Icon Stock chart icon Enterprise Products Partners' year-to-date stock performance. Stock Chart Icon Stock chart icon Cheniere Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Broadcom's year-to-date stock performance.
Persons: Petroleo, Cheniere Organizations: Petroleo, Enterprise Products Partners, Cheniere, Casey's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabor market could suffer from skills shortage in the long-term, says Bauke's Julie BaukeJulie Bauke, The Bauke Group chief career happiness officer, joins 'Power Lunch' to discuss the generational differences toward the labor market.
Persons: Bauke's Julie Bauke Julie Bauke Organizations: Labor, Bauke Group
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
CNN —Joe Biden landed a major union endorsement Wednesday from North America’s Building Trades Unions, whose leaders say the president has his infrastructure bill largely to thank for it. The backing from NABTU, which has 3 million members nationwide, is more enthusiastic than its 2020 backing of Biden. That’s raised questions about the political future of the next generation of union members. It’s “almost like the perfect leader was sent at the perfect time for working people,” NABTU President Sean McGarvey told CNN about Biden in an interview announcing the endorsement. Biden appeared at the union’s conference in Washington on Wednesday to officially get the nod – which union leaders also want to be seen as a stark rebuff of Trump, who eagerly solicited support from union members and leaders during his time in office, but, their leaders say, didn’t deliver.
Persons: CNN — Joe Biden, Biden, Donald Trump, That’s, It’s, , Sean McGarvey, Trump, NABTU, ” Biden, , ” “, Joe Biden, Elizabeth Frantz, Biden’s, McGarvey, ” McGarvey, it’s, Trump’s, Sean, “ Donald Trump, ” Brent Booker, Booker, ” Booker, didn’t, Julie Chavez Rodriguez, “ Biden, he’s, Mitch Landrieu, ” Landrieu, CNN’s Michael Williams Organizations: CNN, Unions, Teamsters, Republican, Democratic, Biden, Trump, Covid, North, Washington Hilton, ’ International Union of Locations: America’s, Pennsylvania, Michigan, Wisconsin, NABTU, Washington, Washington ,, Chicago, ’ International Union of North America
The new Florida law has limited exemptions for rape, incest and to protect the life of the mother. In the electionPresident Joe Biden visited Florida to focus on abortion rights Tuesday. Referendums placing the issue of abortion rights before voters will be on the ballot in Arizona and Florida. New realityIt is the cases currently before the Supreme Court that could have the most direct effect on the new reality for pregnant American women. Cox fled Texas to obtain an abortion just before the state Supreme Court denied her access to the care under the medical exemption in Texas’ abortion law.
Persons: Roe, Wade, Joe Biden, Kamala Harris, CNN’s Edward, Isaac Dovere, Donald Trump, Wade . Biden, Harris, Trump, CNN’s Tierney Sneed, , Read, Jen Adkins, Adkins, CNN’s Meg Tirrell, John Bonifield, Julie Lyons, who’s, ” Lyons, Allie Phillips, Dobbs, Amanda Zurawski, Trump’s, Jill Biden, Kate Cox, Cox, CNN’s Priscilla Alvarez, Michael Williams, Dale Mabry, Biden, Joe Raedle, Dovere, he’s, , Court’s Dobbs Organizations: CNN —, Senate, Biden, CNN, Jackson, Health, Hillsborough Community, Republican, Locations: Florida, Arizona, Florida ., Idaho, Sneed, Portland , Oregon, Hailey, Sun Valley, New York, Tennessee, Texas, Florida , Arizona, year’s State, Tampa , Florida
In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian gave reassurances that the steelmaker is on the right track despite quarterly earnings that fell short of expectations and weak guidance for the current period. Nucor released its quarterly report Monday evening and by Tuesday's close, shares had declined more than 8%. The company said it expects its steel products segment to have "moderately decreased earnings" in the second quarter compared to the first due to "lower average selling prices, partially offset by increased volumes." Topalian conceded that the second quarter would be "a little bit lower," but insisted that steel products has been "one of our strongest, most resilient, robust performers." And according to him, Nucor is seeing its earnings moderate after the past few years of intense growth following the pandemic.
Persons: CNBC's Jim Cramer, Leon Topalian, Topalian, Nucor, Tuesday's Organizations: Nucor Locations:
Clear out any clutter from the living room. Find a designated space for your clutter instead. Getty ImagesIf there's one room in the house that should be clutter-free, it's the living room, according to Julie Assenberg, a designer and owner of Julie Assenberg Interior Design. That way, you have at least one place you can escape to and entertain unexpected guests, she said. For example, try to find designated spaces for your shoes, coats, gloves, toys, and backpacks rather than dropping them in your living area.
Persons: Julie Assenberg
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