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☆ Here's our November rapid-fire update on the stocks in Cramer's Charitable Trust portfolio
▼ + stars: | 2022-11-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

We think the stock has been hurt by a recent update to the company's reserve quantity. While we're big fans of the company's recent corporate governance cleanup , and we expect some near-term selling pressure associated with those efforts. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) 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.

☆ Dow futures fall slightly as investors assess the prospect of higher interest rates
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Futures tied to the Dow Jones Industrial Average ticked lower Thursday night as investors continued evaluating earnings reports and tougher language from Federal Reserve speakers. The S&P 500's futures traded near flat, while Nasdaq-100 futures jumped 0.1%. But investors also had to consider comments from more than half a dozen Fed speakers at events across the country. Notably, St. Louis Federal Reserve President James Bullard said Thursday that "the policy rate is not yet in a zone that may be considered sufficiently restrictive." That move alarmed investors who are worried that rising rates could trigger a recession.

☆ Stocks making the biggest moves premarket: Macy's, BJ's Wholesale, Kohl's and others
▼ + stars: | 2022-11-17 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Macy's (M) – Macy's stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. BJ's Wholesale (BJ) – BJ's added 2.4% in premarket trading after beating analyst forecasts on both the top and bottom lines for its latest quarter. The warehouse retailer also reported better-than-expected comparable store sales and raised its full-year forecast. Alibaba (BABA) – The China-based e-commerce giant reported better-than-expected earnings but revenue fell short of analyst forecasts. Norwegian Cruise Line (NCLH) – The cruise line operator's stock slid 5% in premarket trading after a double-downgrade from Credit Suisse to underperform from outperform, with the firm citing a number of factors including valuation.

☆ Stocks making the biggest moves midday: Bath & Body Works, Norwegian Cruise Line, Macy's and more
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bath & Body Works – Bath & Body Works' stock surged 24% after reporting per-share earnings that were more than double what analysts had anticipated. The retailer also raised its guidance for full-year per-share earnings. Norwegian Cruise Line – Shares of the cruise stock shed 6% following a double downgrade to an underperform rating from Credit Suisse. Macy's – Shares of Macy's rallied 14% after the department store reported profit and revenue that beat Wall Street's expectations. BJ's Wholesale – Shares dropped 6% despite the company reporting beats on the top and bottom lines and raising its full-year forecast for per-share earnings.

☆ What Cramer is watching Thursday — rates may go much higher, promising tech, and mixed retail
▼ + stars: | 2022-11-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Piper also likes Diamondback and Marathon , neutral on Club holding Coterra Energy (CTRA) and APA , formerly known at Apache. Multiple price target increases for Club holding TJX Companies (TJX). Canaccord starts Club holding Estee Lauder (EL) with a hold. Lowe's (LOW) price target raised to $253 per share from $248 at Piper, which liked the quarter. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Cisco raises full-year outlook; announces restructuring
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of U.S. networks giant Cisco Systems is seen in front of their headquarters in Issy-les-Moulineaux, near Paris, France August 6, 2022. REUTERS/Sarah Meyssonnier/File PhotoNov 16 (Reuters) - Cisco Systems Inc (CSCO.O) raised its full-year revenue and profit forecast amid easing supply chain hurdles and announced $600 million in severance and other charges related to a new restructuring, which could impact roughly 5% of its workforce. The company said the restructuring plan will begin in the second quarter of fiscal year 2023. The company will talk to its employees on Thursday about the restructuring plan, Chief Executive Chuck Robbins said in a post-earnings call. Cisco said it expects an annual revenue growth of 4.5% to 6.5%, and adjusted earnings between $3.51 and $3.58.

In the 13 races in six battleground states where an election denier was on the ballot for governor, secretary of state or attorney general, 12 lost, according to the latest NBC News projections. Arizona — along with Michigan and Alabama — was one of three states where election deniers advanced to be the GOP nominees for governor, secretary of state and attorney general. In Pennsylvania, meanwhile, Republican Doug Mastriano — who was one of the most high-profile election deniers — lost the race for governor to Democrat Josh Shapiro. “But voters sent a very clear message that Americans deeply care about democracy and don’t want extremists running our nation’s elections.”The defeats of election deniers spanned well beyond swing states. All 14 races where election deniers won were in states that voted to elect Trump in both 2016 and 2020.

☆ Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Nvidia and more
▼ + stars: | 2022-11-16 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Cisco – Shares jumped 4.8% after the maker of computer networking equipment beat expectations for its first-quarter earnings per share and revenue, according to StreetAccount. Bath & Body Works – The company that remained after L Brands spun off Victoria's Secret jumped 16.3% after third-quarter results doubled StreetAccount's per-share earnings estimate, and it also beat on revenue. It issued fourth-quarter per-share earnings expectations that were about in-line with analysts polled by FactSet, while raising full-year guidance. Nvidia – The maker of high-end graphics processing units gained 2.7% after beating analysts' revenue expectations, but coming in under per-share earnings estimates. Sonos – The maker of multiroom audio systems added 2.3% after it beat expectations for per-share earnings and revenue in its fourth-quarter earnings.

☆ What slowdown? Fresh off earnings beat, Cisco CEO sees a lot of opportunity right now
▼ + stars: | 2022-11-16 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

And I think that they're going to continue to spend as much as they can," Robbins told Jim Cramer in an interview. Shares of Cisco rose about 4% in extended trading Robbins emphasized that the trajectory of tech development also plays in favor of Cisco's top line. "And then you look at 43% of our business coming from recurring [customers]," Robbins said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Chuck Robbins, CEO of Cisco, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019.

☆ Cisco deserves more love from investors as management lifts its full-year guidance
▼ + stars: | 2022-11-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Management also increased its earnings outlook for the full year, raising its range to $3.51 to $3.58 from $3.49 to $3.56. For the second quarter of fiscal 2023, management expects revenue to grow 4.5% to 6.5% year over year. Companywide results Total product revenue increased 8% year over year to $10.245 billion, beating estimates of $9.88 billion. End-to-end security (cybersecurity) revenue increased 9% year over year to $971 million, missing estimates of $1.014 billion. Total software revenue grew 5% year over year to $3.9 billion, with software subscription revenue up 11%, and 85% of software revenue subscription based.

☆ Cisco beats quarterly revenue estimates as supply chain constraints ease
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

Nov 16 (Reuters) - Cisco Systems Inc (CSCO.O) beat first-quarter revenue estimates on Wednesday, as easing supply chain constraints and a COVID-19 recovery in China helped meet demand for its broad networking products portfolio, sending the company's shares 5% higher in extended trading. Easing supply chain snags and Cisco's recent investments in cloud offerings and targeted price hikes have helped the company improve its business and attract customers amid an economic slowdown. Cisco forecast current-quarter revenue to grow between 4.5% and 6.5%, while expecting adjusted earnings between 84 cents and 86 cents per share. The company's revenue was $13.63 billion in the first quarter, above analysts' estimates of $13.31 billion, according to Refinitiv data. Excluding items, Cisco earned 86 cents per share.

☆ Cisco shares pop on earnings beat and increased 2023 forecast
▼ + stars: | 2022-11-16 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Cisco reported fiscal first-quarter results on Wednesday that beat analysts' estimates and boosted its guidance for fiscal 2023. Here's how the company did:Earnings per share: 86 cents vs. 84 cents expected , according to Refinitiv86 cents vs. 84 cents expected according to Refinitiv Revenue: $13.6 billion vs. $13.3 billion expected by analysts, according to RefinitivRevenue increased 6% year over year, while net income slid 10% to $2.7 billion. The company now expects sales growth in fiscal 2023 of 4.5% to 6.5%, up from a prior forecast that called for growth of 4% to 6%. Cisco's top business segment, which includes data-center networking switches, delivered $6.68 billion in revenue, up 12% from a year earlier. Sales in the Collaboration segment, which features Webex, contributed $1.1 billion in revenue, down 2% year over year.

☆ I want to be a buyer of Cisco as it continues to get more cloud market share, says KKM's Kilburg
▼ + stars: | 2022-11-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI want to be a buyer of Cisco as it continues to get more cloud market share, says KKM's KilburgJeff Kilburg, KKM Financial, joins 'The Exchange' to discuss Cisco, Micron and Nvidia's quarterly earnings results.

☆ Stock futures rise slightly as investors weigh cross currents of latest earnings
▼ + stars: | 2022-11-16 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Investors are also anticipating more than half a dozen speakers from the Federal Reserve talking at events around the country Thursday. Futures tied to the Dow Jones Industrial Average gained 50 points or 0.2%. S&P 500 futures added 0.2%, while Nasdaq-100 futures rose 0.3%. Retailer Bath & Body Works jumped more than 20% Wednesday after it beat revenue expectations and doubled what was anticipated for per-share earnings. Earnings season continues Thursday with additional retailers, including Macy's and Kohl's before the bell and Gap after.

☆ A conversation with Shark Tank's Kevin O'Leary on FTX, Sam Bankman-Fried, and crypto regulation.
▼ + stars: | 2022-11-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Top of mind, inevitably, was last week's implosion of FTX, as O'Leary was a spokesperson and investor with the exchange. It was our third conversation together, and O'Leary shared candid thoughts on his FTX investments going to zero, as well as details from a phone call he had with Sam Bankman-Fried just before FTX declared bankruptcy. O'Leary, a paid spokesperson for FTX, said he had initially gained trust in the company and its 30-year-old CEO, Sam Bankman-Fried, a little over two years ago. The Shark Tank star told me that he was on the phone with Sam Bankman-Fried the day before FTX declared bankruptcy to discuss a price for potential buyers to rescue FTX. "He confirmed that it was $8 billion, and that's the number I took forward," O'Leary explained.

☆ Morning Bid: Shot across the bow
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +5 min

The euro lost 1.5 cents as the news from Poland unfolded but has regained all of that since. European bourses have been less quick to rebound and remain in the red, with aerospace and defence stock outperforming. "Tighter money has not yet constrained business activity enough to seriously dent inflation," Bostic wrote on the Atlanta Fed's website. U.S. attention will turn to retail sales on Wednesday as October data is due for release alongside industry readings. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Final Trades: American Tower, Cisco, ON Semi & more
▼ + stars: | 2022-11-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: American Tower, Cisco, ON Semi & moreThe "Halftime Report" traders give their top picks to watch for the second half.

☆ Introducing Insider's 100 people transforming business
▼ + stars: | 2022-11-16 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

It's my pleasure to introduce to you Insider's list of 100 People Transforming Business in 2022 — our annual celebration of the people who are bucking trends and upending convention across industries. Insider's annual list of the 100 People Transforming Business. 100 People Transforming Business. Twitter insiders worry that a crash is incoming. TCI, a major investor in Google's parent company Alphabet, sent a letter on Tuesday urging Alphabet CEO Sundar Pichai to cut costs.

☆ What to expect when economic bellwether Cisco reports quarterly results
▼ + stars: | 2022-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Enterprise spending Demand from enterprise customers has been holding up this year, despite the challenging global economic backdrop. Transition from hardware to software Cisco's transformation to software subscription should be a long-term growth catalyst for the company. At the same time, a weaker global economy could hold back enterprise spending and dent Cisco's revenue. Cisco's stock has been punished this year, along with the rest of the tech sector, and is down 28.8% year-to-date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Amazon's job cut plans show that tech isn't out of the woods just yet
▼ + stars: | 2022-11-15 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +6 min

Indeed, as Insider reported last week, Mark Zuckerberg isn't ruling out the possibility of more layoffs at Meta. Amazon CEO Andy Jassy Dan DeLong/GeekWire1. Meta CEO Mark Zuckerberg Photo by Liu Jie/Xinhua via Getty2. The tech titans are known for paying the big bucks, but that's not the only way to make it in tech. Tech leaders like Ancestry CEO Deb Liu and Scale AI CEO Lucy Guo will appear on stage.

☆ Stock futures fall as investors await October retail sales
▼ + stars: | 2022-11-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, November 15, 2022. Stock futures fell in overnight trading as investors weighed another lighter-than-expected inflation report and looked ahead to retail sales data due out Wednesday. S&P 500 and Nasdaq 100 futures slipped 0.2% and 0.17%, respectively. The producer price index report, which measures wholesale prices, came in below expectations, which alleviated some of investors' concerns around inflation. Nine out of 11 S&P 500 sectors rose, led to the upside by communication services and information technology.

☆ If you want to land a job or get a raise in the tech industry, you have to past a test — and pretty much everyone is cheating on the exams
▼ + stars: | 2022-11-14 | by ( Rob Price | ) www.businessinsider.com time to read: +18 min

It was one in a long line of tech certifications that Bill freely acknowledges he earned, at least in part, by cheating. And he's far from alone: In the tech industry, it's an open secret that there are thousands, if not millions, of cheaters just like Bill. The rise of exam dumps for tech certifications could have devastating consequences. But the cheating is clearly having a corrosive effect on the tech industry, particularly the hiring process. But the perception that workers from poorer countries are more likely to be cheaters can also fuel racism against foreign-born tech workers.

Their defeats were a sign of voters rejecting anti-democratic tendencies in tight midterm elections. In swing states Arizona, Nevada and Michigan, "America First" candidates were nominated for secretary of state, the position that oversees elections. All of those candidates lost. Nevertheless, many Republican election deniers won other races around the country. Reuters/Ipsos polling has shown about two-thirds of Republican voters believe the election was stolen from Trump.

☆ Election denier loses secretary of state race in Nevada
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +1 min

Nov 12 (Reuters) - Jim Marchant, a former Nevada state assemblyman who opposed the certification of President Joe Biden's election win in the state in 2020, was defeated in his race to become Nevada's secretary of state, Edison Research projected on Saturday. Democrat Cisco Aguilar won the secretary of state race in Nevada, defeating Marchant, according to Edison Research. In Nevada, the secretary of state does not have the power to certify election results, but can set and enforce election rules. Nevada is a swing state that could play an important role in determining the outcome of the 2024 presidential election. Marchant lost a race for the U.S. House of Representatives in 2020.

☆ Democrat Cisco Aguilar defeats Trump-backed election denier Jim Marchant in Nevada secretary of state race
▼ + stars: | 2022-11-13 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Republican Jim Marchant, a prominent election denier, has lost Nevada's secretary of state race to Democrat Cisco Aguilar, NBC News projected Saturday. Aguilar, a lawyer and former staffer for the late Sen. Harry Reid, D-Nev., will make history as Nevada's first Latino secretary of state. Jim Marchant speaks at a Republican election night watch party on Nov. 3, 2020, in Las Vegas. “Cisco Aguilar will be the next Secretary of State for Nevada — a resounding win for democracy," Griswold said in a statement. "This victory means Nevada will have a Secretary of State who believes that voters should decide election results, not politicians.

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