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☆ Ford Motor is among the most overbought stocks in the S&P 500 this week. Here are the others
▼ + stars: | 2024-07-19 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

The S & P 500 has dropped nearly 2% for the week, putting the broad-market index on pace for its worst weekly performance since April. This market shift has pushed some S & P 500 stocks into overbought territory despite the index's decline. Against this backdrop, CNBC Pro screened for the most overbought and oversold names in the S & P 500 based on their 14-day relative strength index, or RSI. Take a look at some of the overbought names: Ford Motor made the overbought list, with the stock scoring an RSI of about 83.2. Other overbought stocks include S & P Global and Republic Services.

Persons: Russell, they've, Goldman Sachs, Pizza, Domino's, Charles Schwab, Wall Organizations: Nasdaq, Dow, Federal, CNBC Pro, Ford, Super Duty, Gen, Analysts, P Global, Republic Services, Walgreens Boots Alliance, Nike

Much of the week was dominated by the market rotation out of 2024 technology winners into small caps and value stocks. Sector scoreboard: Energy, financials, and real estate were the three big S & P 500 sector winners during the uneven week. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, advancers, Donald Trump, Bill Newlands, we've, it's, We've, Newlands, there's, Trump, Danaher, Jim Cramer's, Jim, Michael M Organizations: CNBC, ., Nasdaq, Dow Jones, New York Stock Exchange, Trump, Communication, Constellation Brands, Corona, Modelo, Republican, Constellation, Ford, Honeywell International, Dover, Fed, Jim Cramer's Charitable, Traders, Santiago, Getty Locations: Real, China, Chipotle, U.S

☆ Here's why Abbott Labs stock is getting dinged after a strong earnings beat
▼ + stars: | 2024-07-18 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

As Abbott's organic sales growth continues to shine, the market will realize both concerns are overblown. The FreeStyle Libre itself, which had 20% organic growth in the quarter, also still has plenty of runway for further growth. Investors should focus instead on the upward revision to management's full-year outlook for both top-line organic growth and earnings. The combination of Thursday's strong results and immediate decline in share price is setting up a positive risk vs. reward setup. Within Diagnostics, a small miss in molecular was more than offset by strong results in core laboratory, point of care and rapid diagnostics.

Persons: Abbott, Edwards, Robert Ford, It's, Jim Cramer's, ABT, Jim Cramer, Jim, Robert B, Ford, Ethan Miller Organizations: Abbott Labs, Abbott Laboratories, NEC, Rio, Libre, Management, Diagnostics, Devices, CNBC, Getty Locations: Missouri, Rio —, United States, U.S, Vegas, Las Vegas , Nevada

Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Costco : While Costco gets nearly 7% of its sales from China, Jim said it's unlikely its business would be threatened by geopolitics given the company's popularity in the country. Constellation Brands : There's no doubt that the Modelo and Corona parent is a less attractive stock under Trump compared with Biden. 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.

Persons: Jim Cramer's, Jim, Donald Trump, Abbott's, Reckitt Benckiser, we're, there's, it's, Biden, Dupont, Trump, Walt Disney, Nelson Peltz, Jim said, Estee Lauder, Eaton, Honeywell's, Washington that's, Eli Lilly, Roche, Eli Lilly's, Lilly, Sen, J.D, Vance of, Morgan Stanley, ChatGPT, chipmaker, Laxman Narasimhan, Stanley Black, Decker, rightsizing, Wells, Wynn, he's, Jim Cramer, Brendan McDermid Organizations: Jim Cramer's Charitable Trust, CNBC, Trump, Abbott Laboratories, AMD, Broadcom, VMWare, Costco, Coterra Energy, White, Bloomberg, Federal, Motors, Ford, GE Healthcare, Big Tech, Honeywell, Air Products, Linde, Meta, Microsoft, Investors, OpenAI, Republican, Palo Alto Networks, Palo, Procter & Gamble, Biden, Constellation Brands, Modelo, The, TJX, Wynn Resorts, Club, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: China, Dover, U.S, Washington, Vance of Ohio, Meta, Taiwan, Israel, Gaza, Corona, Wells Fargo, Macau, New York City

☆ The $25 Trillion System of Retirement Savings Needs Fixing
▼ + stars: | 2024-07-13 | by ( Mark Miller | ) www.nytimes.com time to read: +1 min

Classic car aficionados recall their sleek, innovative designs, but the brands are also a reminder of another bygone era: the traditional defined benefit pension. Their pension plans were terminated, leaving thousands of workers without their expected benefits. That, along with other pension plan failures, prompted efforts to make retirement savings safer, culminating in federal legislation that has shaped much of the current retirement benefit landscape. The Employee Retirement Income Security Act, or ERISA, which was signed into law in 1974 by President Gerald R. Ford, marks its 50th anniversary this year. It also created the Pension Benefit Guaranty Corporation, a federally sponsored insurance fund that backstops failing pension plans.

Persons: Gerald R Organizations: Studebaker, Packard, Guaranty Corporation

☆ Demands in the Middle East risk leaving an aircraft carrier-sized hole in US naval power in the Western Pacific
▼ + stars: | 2024-07-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The only US carrier in the area is on its way to the Middle East following a series of military drills in the Pacific. Sailors conduct flight operations on the deck of the aircraft carrier USS Theodore Roosevelt near Indonesia. The Theodore Roosevelt (CVN 71), a nuclear-powered aircraft carrier is anchored in Busan, South Korea. The aircraft carrier Shandong and a Chinese amphibious assault ship conducted an exercise in the South China Sea earlier this week. AdvertisementLately, China has also ramped up altercations with the Philippines in contested waters in the South China Sea.

Persons: —, Theodore Roosevelt Carrier, Vladimir Putin, Kim Jong Un, Roosevelt, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt, Navy Petty, Andrew Benvie, Ronald Reagan, Carl Vinson, Song Kyung Organizations: Service, US Navy, Business, Theodore Roosevelt Carrier Strike Group, North, South Korean, Nimitz, Ford, Navy, Pentagon, Western Pacific, USNI News, Information, AP, South China, Coast Guard Locations: China, South Korea, Japan, North Korea, Gulf of Aden, Israel, Indonesia, Pacific, Russia, Philippines, Western, Eastern Pacific, Hawaii, Philippine, Busan, Shandong, South, Soviet, Liaoning, China's, Fujian, Beijing, South China

☆ An alphabet soup of 'electrified' vehicles awaits new car buyers as EV sales stall
▼ + stars: | 2024-06-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

A car shopper today has their pick of traditional internal combustion engine (ICE) vehicles; mild-hybrid electric vehicles (MHEVs); hybrid electric vehicles (HEVs); plug-in hybrid electric vehicles (PHEVs); fuel cell electric vehicles (FCEVs) and battery-electric vehicles (BEVs), also commonly known as EVs. Here's a breakdown: Internal combustion engine (ICE): A "traditional" vehicle with an engine that's fueled with gasoline or diesel. Hybrid electric vehicle (HEV): Think of the Toyota Prius, a vehicle that has a hybrid powertrain system combined with an engine. Plug-in hybrid electric vehicle (PHEV) : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery. : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery.

Persons: Paul Waatti, Heather Seymour, Seymour, Stellantis, Waatti, Michael Wayland, Antonio Filosa, Russell Wager, Jérémie Papin, BEV Organizations: DETROIT —, Pacifica, Toyota, CNBC, Motors, Chevrolet, Kia America, EV, Kia, GM, Detroit, GM Energy, Ford Motor, Auto, Nissan, ICE, Toyota Prius Locations: U.S, Stellantis, St, Johns , Florida, Detroit, Japan, South Korea, Germany

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Best Buy : Jim said Best Buy's pullback in recent days has created a buying opportunity in the electronics retailer. Salesforce : The stock has in recent weeks clawed back some of its post-earnings plunge , even before Thursday's 6% surge. Wynn Resorts : Wynn is another stock in the portfolio that, it's become increasingly clear, trades based on its exposure to China. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Wall, Abbott, Johnson, We're, haven't, it's, Walt Disney, Estee Lauder, levered, Eli Lilly, Lilly, Morgan Stanley, Goldman Sachs, OpenAI, Jensen Huang, Nikesh Arora's, Stanley Black, Decker, TJX, We've, Wells, Charlie Scharf poaches, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Prime, Web, Broadcom, VMWare, Costco Wholesale, Costco, Coterra Energy, DuPont, Walt, Disney, Nvidia, Ford Motor, Ford, Blue, Motors, GE Healthcare, GE, Management, Honeywell, Linde, Microsoft, Palo Alto Networks, Procter & Gamble, Constellation Brands, Modelo, Corona, Fed, TJX, JPMorgan, Wynn Resorts, Wynn, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Covid, Dover, Eaton, Palo Alto, U.S, Wells Fargo, Las Vegas

☆ The US Navy's turning to its third carrier strike group as its warships react to Middle East conflicts with no end in sight
▼ + stars: | 2024-06-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

The USS Theodore Roosevelt Carrier Strike Group is currently in South Korea, but it will soon depart for the US Central Command area of responsibility. US Navy photo via APA carrier strike group is a naval formation that includes a carrier, its air wing, and several other warships such as cruisers and destroyers. Eisenhower strike groupThe Dwight D. Eisenhower Carrier Strike Group first deployed to the Eastern Mediterranean in October, bringing in more firepower alongside the Ford. Roosevelt strike groupSlated to replace the Eisenhower is the USS Theodore Roosevelt Carrier Strike Group. As for the other crises, the incoming Roosevelt carrier strike group has its work cut out for it.

Persons: —, Theodore Roosevelt Carrier, Gerald R, Ford refuels, Arleigh Burke, Thomas Hudner, Ramage, USS Carney, Roosevelt, Carney, Eisenhower, Dwight D, Ike, Theodore Roosevelt, Kyung, Maj, Pat Ryder, Ryder, Israel Organizations: Service, US Navy, Theodore Roosevelt Carrier Strike, US Central Command, CSG, Business, Pentagon, Ford Carrier Strike Group, AP, Ford, Ticonderoga, Eisenhower Carrier Strike Group, Eisenhower, British, European Command Locations: —, Gaza, South Korea, Gulf of Aden, Israel, Lebanon, Laramie, Normandy, Iran, Persian, Gulf, Aden, Yemen, Busan

☆ Rivian secures up to $5 billion from Volkswagen, shares soar 40%
▼ + stars: | 2024-06-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian , starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. Shares of Rivian soared roughly 40% during after-hours trading Tuesday – two days ahead of an investor event for Rivian, which has been under pressure from Wall Street due to its cash burn and significant losses. The Detroit automaker sold a majority of its Rivian shares by 2023 after walking back a plan to codevelop EVs with the company. Rivian reported $7.86 billion in cash, cash equivalents and short-term investments to end March, with more than $9 billion in total liquidity.

Persons: Rivian, Rivian's Organizations: VW, Volkswagen, Ford Motor, Amazon, Detroit, Scout Motors Locations: California, South Carolina, Illinois, Georgia, Normal , Illinois

☆ Ford recalling 550,000 trucks that can suddenly downshift
▼ + stars: | 2024-06-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +1 min

CNN —Ford is recalling more than 550,000 F-150 pickups in the United States because of an issue that can cause the transmission to suddenly and unexpectedly, at any speed, shift down to first gear. Before that happens, a malfunction indicator light in the truck’s gauge cluster may turn on Ford spokesperson Maria Buczkowski said in an email to CNN. To fix the problem, Ford dealers will update the trucks’ control module software at no cost to the owner. Ford will start mailing letters to owners of the trucks involved in a few days. A new software update to fix the 2014 trucks will be ready sometime in the next three months, Buczkowski said.

Persons: CNN — Ford, Maria Buczkowski, Ford, Buczkowski Organizations: CNN, Ford Locations: United States

☆ CDK Global says software outage will take several days to resolve
▼ + stars: | 2024-06-23 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —Retail software provider CDK Global says it will likely take several days for its software to be back online and operational, as the company grapples with a system outage that has paralyzed nearly 15,000 car dealerships across North America since Wednesday. The data provider’s software, which dealerships use to manage everything from scheduling to records, said Saturday it has begun restoring its software. Car manufacturer Ford told CNN it is working with dealers to set up alternative software systems and other workarounds. Several dealerships on the East Coast told CNN on Sunday they are manually filling out forms to process sales. One used car dealership told CNN it has been filing paperwork by hand and sending runners to the car registry with the paperwork.

Persons: CDK, Mike Stanton, Ford, they’re Organizations: New, New York CNN — Retail, CDK, CNN, Bloomberg, Dealers, National Automobile Dealers Association, East Coast, Sunday, Securities and Exchange Commission, Penske Automotive, Premier Trucking Group, Penske, SEC, Sonic Automotive, Premier Truck Locations: New York, North America, Eastern European, CDK, United States

☆ Here's our first-quarter earnings report card for 32 stocks in the portfolio
▼ + stars: | 2024-06-21 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Most of the earnings reports — 25 out of 32 portfolio names — were ranked as good or great by the Investing Club. Similar to prior quarters, we grouped company results into one of four categories. Meta Platforms : Sales, earnings and cash flow results all topped expectations . However, sales and earnings both outpaced expectations, as did return on tangible common equity, a key consideration when valuing banks. The company also raised its outlook for full-year earnings growth to 25% year-over-year from 20%.

Persons: we're, Dover, Eli Lilly, Blackwell, Abbott, —, Wall, We'll, Morgan Stanley, Nikesh, Stanley Black, Wells, Estee Lauder, Fabrizio Freda, Jim Cramer's, Jim Cramer, Jim, Hock Tan, Broadcom Lucas Jackson Organizations: Investing, Apple, Services, Broadcom, VMware, Coterra, DuPont, Microsoft, Nvidia, Wynn Resorts, Super, Abbott Labs, Web Services, Constellation Brands, Constellation, Ford, Ford Pro, Wall Street, Alto Networks, Procter & Gamble, TJX, GE Healthcare, Honeywell, Linde, Jim Cramer's Charitable, CNBC Locations: Dover, China, Eaton, Las Vegas, China's Macao, billings, Wells Fargo, —

☆ Satellite images show apparent mock-ups of US fifth-gen fighter jets and a runway with blast marks and craters in a Chinese desert
▼ + stars: | 2024-06-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewSatellite images show what appear to be mock-ups of fifth-generation US aircraft, among other aircraft, out in a Chinese desert. Satellite image from April 19, 2024, show Chinese mock-ups of US aircraft in the Taklamakan Desert. Scorch marks and craters are evident at one end of the apparent runway, and some of the aircraft mock-ups appear wrecked. Satellite image from June 28, 2021, show Chinese mock-ups of US aircraft in the Taklamakan Desert. AdvertisementA satellite image of an apparent US Arleigh Burke class destroyer in the Taklamakan Desert, photographed January 1, 2024.

Persons: —, Africk, BjTHpgEWQI, Gerald R, Arleigh Burke Organizations: Service, Business, Planet Labs PBC, . Planet, American Enterprise Institute, Air, PLA Air Force, . Planet Labs PBC, Planet Labs PBC China, Ford, Alxa League Locations: China, Taklamakan, Xinjiang

☆ China wants a fleet of aircraft carriers for pride and power, and it's building it at a breakneck pace
▼ + stars: | 2024-06-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.

Persons: —, Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing

☆ Stocks making the biggest moves midday: Broadcom, Signet, Dave & Buster's and more
▼ + stars: | 2024-06-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Analysts polled by LSEG expected earnings of $10.84 per share and revenue of $12.03 billion. Signet Jewelers – Shares plummeted more than 13% on the heels of the company reporting mixed earnings results for the first quarter. Analysts polled by FactSet had expected earnings of 85 cents per share and revenue of $1.52 billion. The company reported revenue of $588 million, which is below the $621 million analysts had expected, per LSEG. Analysts had expected earnings of $2.68 per share and revenue of $404.8 million, according to FactSet.

Persons: LSEG, Signet, FactSet, Buster's, Tommy Bahama, Clark, Elon Musk, Oppenheimer, Ulta, Generac, Janney Montgomery Scott, Sean Milligan, Alex Harring, Michelle Fox, Sarah Min, Darla Mercado Organizations: Broadcom –, Computer, Arista Networks, Nvidia, Signet, Company, Galactic, Oxford Industries, Bank of America, Ford, Barclays, Paramount, Amusements, Paramount Global, Warner Bros, –, Liberty Global Locations: Texas

☆ Here are 9 stocks that can benefit from Fed interest rate cuts
▼ + stars: | 2024-06-13 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Housing We see Stanley Black & Decker as a major beneficiary of Fed rate cuts due to its link to the housing market. On the one hand, lower rates mean a bank like Wells Fargo makes less money on the money it lends. Biotech Danaher should also see some benefit as lower rates lead to improved funding dynamics for biotech companies. Like in housing, monthly payments become far more manageable at lower rates, and therefore affordability and demand, stand to increase. Salesforce , which has also highlighted more measured deal activity, might not benefit as much from lower rates.

Persons: Jerome Powell, Stanley Black, Decker, Stanley, That's, Wells, Morgan Stanley, SVB, Ford, We're, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Nasdaq, CNBC, Fed, Biotech, Silicon Valley Bank, Ford, Palo, Networks, Microsoft, Jim Cramer's Charitable, Bloomberg, Getty Locations: Wells, Wells Fargo, Silicon Valley, Colma , California

☆ Jim Cramer says don't bet against Celsius or Shopify. He looks at 3 other stocks, too
▼ + stars: | 2024-06-11 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Jim Cramer has been calling for Ford, a CNBC Investing Club portfolio name, to do a buyback, too. But now that's reflected in the stock," Cramer said. Cramer said this research note was so negative that "I don't care that i[Cleveland-Cliffs] is down 28% for the year. "Gratuitous neutral," Cramer said.

Persons: Jim Cramer's, Jim Cramer, Ford, Cramer, Morgan Stanley, it's Organizations: CNBC, Club, General Motors, Ford, Shopify, JPMorgan, Cliffs, GE Vernova, Citi, Costco Locations: Cleveland

Oppenheimer raised its price target on Nvidia after the company completed a 10-for-1 stock split. 7:07 a.m.: Baird increases First Solar price target Baird thinks First Solar has more room for growth after soaring 46% in the past month. His buy rating and $238 per share price target implies more than 23% upside ahead. — Brian Evans 5:41 a.m.: Oppenheimer raises Nvidia price target after stock split Nvidia's momentum will continue, according to Oppenheimer. — Brian Evans 5:41 a.m.: JPMorgan says buy Shopify Shopify is the "online sale you don't want to miss," according to JPMorgan.

Persons: Oppenheimer, Baird, Ben Kallo, Kallo, — Brian Evans, Apple's, Samik Chatterjee, WWDC, Atif Malik, We're, Goldman Sachs Michael Ng, OpenAI, Brian Evans, Morgan Stanley, Adam Jonas, Ford, Jonas, Ford's, Rick Schafer, Schafer, Reginald Smith, Smith, Fred Imbert Organizations: CNBC, Nvidia, JPMorgan, iPhone, Citi, Ford, China EV Locations: Monday's

☆ Another huge GM buyback makes it plain to see that Ford must follow suit to boost its stock
▼ + stars: | 2024-06-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

General Motors approved yet another stock buyback — adding to our frustration that portfolio name Ford has yet to embark on a repurchase program of its own. GM on Tuesday announced a new $6 billion buyback — weeks before its November $10 billion repurchase authorization is set to be completed. "I'm very upset with Ford," Jim Cramer said during the Morning Meeting for Club members. While encouraged by Ford's successful pivot, we believe a sizeable stock buyback would be a catalyst for Ford shares as it has been for GM. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Ford, Jim Cramer, Mary Barra, GM's buyback, John Lawler, repurchases, . Ford, Ford's, Jim Cramer's, Jim, Danielle DeVries Organizations: Motors, Ford, GM, Club, CNBC, Deutsche Bank, New York Locations: .

☆ FDA approves two new Abbott over-the-counter continuous glucose monitors
▼ + stars: | 2024-06-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Abbott Laboratories announced Monday it received approval from the U.S. Food and Drug Administration for two new continuous glucose monitoring systems, including one for people who don't have diabetes. A continuous glucose monitor, or a CGM, is a small sensor that pokes through the skin and tracks a person's glucose levels in real time. One of Abbott's new systems, Libre Rio, is for patients with Type 2 diabetes who do not take insulin. Oftentimes, users need a valid CGM prescription to participate in these programs, so Abbott's new over-the-counter offering could be more accessible for some consumers. Abbott competitor Dexcom , which also sells CGM systems, received FDA approval for its first-ever over-the-counter CGM in March.

Persons: Robert B, Ford, Abbott, Abbot, Lingo, Dexcom Organizations: Abbott Laboratories, U.S . Food, Drug Administration, Libre Locations: Vegas, Las Vegas , Nevada, U.S, Libre Rio

☆ A top eBay seller who has earned enough money reselling pre-owned clothes to retire at 40 says anyone can succeed on the platform — but cautions against 2 common mistakes
▼ + stars: | 2024-06-06 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

After turning a broken cellphone debacle into a reselling business that evolved into an eBay empire, Richard S. is convinced that anyone can make money on the platform. The eBay veteran, who is planning on retiring in August 2024 at age 40, started selling electronics in 2008 after getting laid off. He's been studying the platform for 15 years and become the top seller of men's clothing. Accumulating a 'death pile' by sourcing and not listingThere are two main steps to selling on eBay: sourcing items and then listing them. A common mistake is listing items that you think are cool before looking into whether there's demand.

Persons: Richard S, He's, Richard, they're, It'll, Roger Federer, Rafael Nadal, Ford, what's Organizations: Service, eBay, Nike

☆ Here's why Cramer says Ford stock must be 'bought aggressively' on the dip
▼ + stars: | 2024-06-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Ford, Jim, Eli Lilly, Anat Ashkenazi, Ashkenazi, shakeup, isn't, Jim Cramer's Organizations: CNBC, Federal Reserve, Nasdaq, Nvidia, Apple, Microsoft

☆ EV concerns overshadow strong Ford sales. Jim Cramer says the stock is down enough
▼ + stars: | 2024-06-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Ford had another month of strong sales, but a wider appeal on Wall Street for the stock depends on cutting the automaker's massive EV division losses. In the first quarter, Ford lost more than $100,000 per EV sold. He also lamented the underperformance of Ford stock relative to rival General Motors — ever since GM announced a buyback in November. However, Jim thinks Ford stock has come down enough. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Ford, EVs, Jim Cramer, General Motors —, Jim, Jim Cramer's, Danielle DeVries Organizations: EV, Bloomberg, Ford, General, GM, Club, CNBC, New York

☆ Ford EV and hybrid sales surge 65% in May
▼ + stars: | 2024-06-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – Ford Motor's U.S. new vehicle sales rose 11.2% last month compared with May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly 65% increases in sales of both hybrid and all-electric vehicles. The boost to EV sales is a conundrum for investors. The spike in hybrid sales is part of Ford's plan to double down on the technology. Ford reported total year-to-date U.S. sales through May of 877,685 units, up 5.6% compared with the same time period in 2023.

Persons: DETROIT –, Ford Organizations: New York, DETROIT, DETROIT – Ford Motor's U.S, Detroit, EV, Ford

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