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Stock Chart Icon Stock chart icon Devon Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Fiverr's year-to-date stock performance. Stock Chart Icon Stock chart icon Transmedics' year-to-date stock performance. Stock Chart Icon Stock chart icon Boston Scientific's year-to-date stock performance. Stock Chart Icon Stock chart icon Paramount's year-to-date stock performance.
Persons: Devon Energy's, it's, Transmedics, You've Organizations: Devon, Devon Energy, Boston, Uranium Energy, Paramount
While Trader Joe's has a reputation for having friendly staff, we're not forced to be that way. AdvertisementAdvertisementOther perks include a discounted rate for insurance and 20% off anything we buy at Trader Joe's. At Trader Joe's, being who I am isn't something I ever have to think twice about. I took a big pay cut for this jobIn my last corporate job, I made almost six figures a year. AdvertisementAdvertisementI know it's cliché to say that I'm obsessed with Trader Joe's, but it's a good company.
Persons: Akeem Caballero, I've, We're, we're, Joe's, I'm, Geoffrey Owens Organizations: Service Locations: Wall, Silicon, Denver
Stock Chart Icon Stock chart icon Confluent's year-to-date stock performance. But they are the central nervous system of companies...It's some of the best enterprise software in the world. Stock Chart Icon Stock chart icon Coty's year-to-date stock performance. Stock Chart Icon Stock chart icon Samsara's year-to-date stock performance. Stock Chart Icon Stock chart icon Chewy's year-to-date stock performance.
Persons: Jim Cramer's, you've, it's, Coty, I've, I'm Organizations: Coty
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company's fight to end antisemitism. “I think Kanye West is one of the most creative people in the world,” Gulden said in an episode released Sept. 12. “Very unfortunate, because I don’t think he meant what he said and I don’t think he’s a bad person. In a statement emailed to The Associated Press on Thursday, Adidas confirmed that the company had been in touch with ADL. Almost a year ago, Adidas ended a major partnership with Ye over his statements, discontinued Ye’s line of Yeezy shoes and moved up the planned departure of its CEO.
Persons: Bjorn Gulden, Kanye, Jonathan Greenblatt's, Gulden's, Ye, , Gulden, Greenblatt, , Ted Deutch, David Hamilton Organizations: Defamation League, Adidas, Associated Press, ” Adidas, Jewish, AP Locations: , San Francisco
Cramer's Lightning Round: SoFi is a buy
  + stars: | 2023-09-21 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Carpenter's year-to-date stock performance. Stock Chart Icon Stock chart icon Golar's year-to-date stock performance. Stock Chart Icon Stock chart icon Aehr's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon Harmonic's year-to-date stock performance.
Persons: Carpenter, you've, Jim Cramer's Locations: Philadelphia, Emerson
Adidas CEO: Kanye West didn't mean antisemitic remarks
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, Sept 20 (Reuters) - Adidas CEO Bjorn Gulden has defended the artist formerly known as Kanye West, saying he didn't think the divisive celebrity meant the antisemitic remarks that led to his lucrative Yeezy collaboration with the German sportswear giant being axed. Commenting on the scandal which has cost Adidas tens of millions in lost sales, Gulden told the In Good Company podcast that Ye had made some statements that weren't "that good". Adidas did not respond to Reuters' emailed request for comment on the podcast interview. Strong sales of Yeezy stocks have helped narrow a projected full-year loss at the company. In the podcast, Gulden spoke of the dangers of working with celebrity collaborators: "When you work with third parties that could happen," he said.
Persons: Bjorn Gulden, Gulden, Ye, Rachel More, Mark Potter Organizations: Adidas, West, Good Company, Reuters, Puma, Gulden, Thomson
Some former Instacart employees have left the company to found their own startups. Meet 14 Instacart mafia members who have collectively raised at least $144 million for their own startups. Former Instacart employees are in good company. Meet the Instacart mafia, which includes former chief growth officer Elliot Shmukler and Andreea Akerele Francis, the company's head of product, retention and growth from 2018 to 2021. They and others have now founded companies of their own that have raised millions of dollars in VC funding.
Persons: Elliot Shmukler, Andreea Akerele Francis Organizations: Nasdaq, mafia Locations: insurtech
Following widespread public outcry, Adidas announced it had ended its relationship with Ye, stopped production of Yeezy-branded products and ended all payments to Ye and his companies. Foot Locker and Gap soon followed suit and announced they would pull Yeezy products from their stores. That can happen with an athlete, it can happen with an entertainer, so it's part of the business," said Gulden. Despite the public comments from its chief executive, an Adidas spokesperson told CNBC that the company's position on Ye "has not changed." Adidas CEO Bjorn Gulden defended Ye, the artist formerly known as Kanye West, and said the rapper didn't mean it when he made a series of antisemitic remarks.
Persons: Nicolai Tangen's, Gulden, Ye, Adi, Bjorn Gulden Organizations: Adidas, CNBC Locations: Chicago, German
SAN FRANCISCO (AP) — Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, "meant what he said” when he made a series of antisemitic and other offensive remarks last year. Almost a year ago, Adidas ended a major partnership with Ye over his statements, discontinued Ye’s line of Yeezy shoes and moved up the planned departure of its CEO. “Very unfortunate, because I don’t think he meant what he said and I don’t think he’s a bad person. The break with Ye left Adidas with a huge supply of unsold Yeezy sneakers that it has begun to sell in limited batches. The company has not said how many of those shoes remain in inventory, although the unsold shoes and Ye's departure impacted Adidas profits.
Persons: Bjørn Gulden, Ye, Gulden, , , Ye’s, Kim Kardashian, David Organizations: FRANCISCO, Adidas, Good, Paris Fashion, Star, Defamation League, Keeta Floyd Institute for Social Locations: U.S
Cramer's Lightning Round: 'too much hype' for C3.ai
  + stars: | 2023-09-19 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon C3.AI's year-to-date stock performance. Stock Chart Icon Stock chart icon Micron's year-to-date stock performance. Stock Chart Icon Stock chart icon Jack Henry & Associates' year-to-date stock performance. Stock Chart Icon Stock chart icon Biohaven's year-to-date stock performance. Stock Chart Icon Stock chart icon Chart Industries' year-to-date stock performance.
Persons: Micron's, Jack Henry &, Jeff Martin's, it's Organizations: Micron, Jack Henry & Associates, Industries Locations: financials
Cramer's Lightning Round: Tilray is 'too dangerous'
  + stars: | 2023-09-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Dollar General's year-to-date stock performance. Stock Chart Icon Stock chart icon Tilray's year-to-date stock performance. Stock Chart Icon Stock chart icon Fastly's year-to-date stock performance. Stock Chart Icon Stock chart icon Iridium's year-to-date stock performance. Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance.
Persons: Jim Cramer's, I'm, It's Organizations: Pfizer
Shares of Adobe entered Tuesday's session up 11.5% since the Aug. 18 close, and now two Wall Street firms — BMO Capital Markets and Wells Fargo — hiked their price targets on Adobe stock, implying further upside ahead. Investors who are itching to buy Adobe (ADBE) should wait until the software maker reports quarterly results later this week, CNBC's Jim Cramer said Tuesday. "I think if you don't own Adobe by now, you might just want to wait." If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. "I think it's a really good company," added Cramer, who called Adobe the No.
Persons: Wells Fargo —, CNBC's Jim Cramer, Cramer, Jim Cramer's, Organizations: Adobe, BMO Capital Markets, Wells, Oracle, Trust, CNBC, Club
Cramer's Lightning Round: Stay away from VinFast
  + stars: | 2023-09-07 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Norfolk Southern's year-to-date stock performance. Stock Chart Icon Stock chart icon Sofi's year-to-date stock performance. :Stock Chart Icon Stock chart icon VinFast's year-to-date stock performance. Stock Chart Icon Stock chart icon PG&E's year-to-date stock performance. Stock Chart Icon Stock chart icon Accenture's year-to-date stock performance.
Persons: I'm, Julie Sweet Organizations: Norfolk, Stock, Arrowhead Pharmaceuticals, Accenture, Alnylam Pharmaceuticals
CNBC's Jim Cramer suggested investors introduce their children to stocks by making it fun and simple. He suggested parents then buy their kids shares in companies they might recognize from their own lives: playing with toys (Mattel ), eating cereal (General Mills ) or personal hygiene (Johnson & Johnson ). "I don't know about Johnson & Johnson's Bandaids and shampoo, they were staples, and they've since been moved to Kenvue," Cramer said. "The stock won't always work out, but think of what you liked when you were little or what your parents liked when they were little. More importantly, you've got a great hook to get your children into a lifetime of investing."
Persons: CNBC's Jim Cramer, Cramer, Mills, Johnson, Johnson's, Clark, they're, you've Organizations: Mattel Locations: Kenvue, Kimberly
Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon NRG Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Ecolab's year-to-date stock performance. Stock Chart Icon Stock chart icon Old Republic's year-to-date stock performance. Stock Chart Icon Stock chart icon Indie Semiconductor's year-to-date stock performance.
Persons: Zimmer, Zimmer Biomet, there's, they're, Cintas, Jim Cramer's Organizations: Nvidia, Networks, Extreme Networks, GE Healthcare, NRG Energy, Indie Semiconductor, Arista Networks, Arista, Cisco Locations: Southern, Republic
Cramer says these stocks do well in an economic slowdown
  + stars: | 2023-08-22 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
CNBC's Jim Cramer said he's not sure whether the economy is headed for a slowdown, but on Tuesday he gave investors stocks to look into in case it is. "I don't know if we're headed for a slowdown, but I do know it makes sense to dip your toe into the consumer packaged goods stocks, true recession stocks, if only so that you'll have all your bases covered, and because they've gotten cheap," Cramer said. He added that during a slowdown, the consumer "retrenches," going back to the store to buy goods and make "the dollar stretch a little further." Cramer in particular highlighted consumer packaged goods stocks like Pepsico and Mondelez . "None of these recession stocks work if the economy stays white hot, but they make good protection in case Jay Powell says something really harsh on Friday that makes us terrified of a slowdown," Cramer said, referring to the Federal Reserve Chairman's upcoming speech at the central bank symposium.
Persons: CNBC's Jim Cramer, he's, we're, Cramer, Procter, Jay Powell, you've Organizations: Pepsico, Mondelez, Gamble, Hershey, Federal Reserve
The hype around artificial intelligence has crushed investor appetite for so-called recession stocks like Campbell Soup (CPB), CNBC's Jim Cramer said Tuesday. The broad-based S&P 500 index, for comparison, has climbed almost 15% in 2023, driven in large part by tech stocks. Cramer's Charitable Trust, the portfolio used for the CNBC Investing Club, owns six of the Magnificent Seven stocks. In addition Nvidia, Meta and Microsoft, the list includes Apple (AAPL), Alphabet (GOOGL) and Amazon (AMZN). "They just want AI and Magnificent Seven."
Persons: Campbell, CNBC's Jim Cramer, Cramer, Jim Cramer's Organizations: Nvidia, Microsoft, Consumer, Charitable Trust, CNBC, Club, Meta, Apple, Adobe, Marvell Technology, Broadcom
A two-bedroom property in Pontiac, Michigan, was just listed on the market for $1 — and it's a real fixer-upper. The $1 house in Pontiac, Michigan, has a worn exterior. Chris Hubel/Good CompanyThe 724-square-foot property was listed for sale on Tuesday, and the listing agent, Chris Hubel, says he's already been inundated with calls. "As far as response goes, I've had hundreds of phone calls, hundreds of texts, hundreds of emails," Hubel told Insider. "My phone will not stop ringing."
Persons: Chris Hubel, he's, I've, Hubel Locations: Pontiac , Michigan
Chris Huber/Good CompanyDespite feelings of shock or intimidation that these images could stir up, the listing urges potential buyers to stay open. That's an "avant-garde 'floor hole' art installation" that gives you "an authentic, unfiltered glimpse into the crawl space," according to the listing description. Chris Huber/Good CompanyOutside, the exterior of the house looks weathered and old, with an overgrown lawn. Chris Huber/Good CompanyAccording to the listing, the 724-square-foot house was constructed in 1956 and last sold for $4,092 in February 2022. There are currently 153 single-family homes for sale in Pontiac, and this $1 fixer-upper is the cheapest listing in the area.
Persons: Italy —, Chris Huber, Joanna, Chip, Joanna Gaines Organizations: Service Locations: Pontiac , Michigan, Wall, Silicon, Italy, Pontiac
Why it matters: “For most of the last two decades, China’s economic growth has been a major driver of the global economy,” said Alex Etra, a strategist at data analytics firm Exante. That means that if China’s economy slows down, global economic growth slows down. ExxonMobil (XOM) may not be doing too much business with China, said Etra, but if Chinese growth slows, that means oil prices go down. Earlier this year, Bank of America compiled a list of the S&P 500 companies with the highest exposure to China. The grand total of all the private wealth in the world fell 2.4% to $454.4 trillion last year, according to the annual Credit Suisse and UBS global wealth report.
Persons: Joe Biden, BlackRock, , Alex Etra, Michael Burry’s, Allison Morrow, That’s, Jason Hart, Winn, ” Hart, , Ramishah Maruf Organizations: CNN Business, Bell, New York CNN, country’s National Bureau of Statistics, ExxonMobil, Apple, Intel, Starbucks, Nike, Bank of America, Las, Qualcomm, Nvidia, Wynn Resorts, WYNN, MGM Resorts, MGM, Funds, PitchBook, Michael Burry’s Scion Asset Management, Moore Capital Management, D1 Capital, Tiger Global, Securities, Exchange, Credit Suisse, UBS, Millionaires, Aldi, Dixie, Winn, CNN Locations: New York, Beijing, China, Ukraine, United States, Aldi, Winn
In lieu of payment, I could stay in her ensuite guest room, and even use her car too. Daniella asked. After dropping Daniella off at the airport early the next morning, my adventure as a first-time cat sitter began. I'd top up the dry food that they grazed on during the day and make sure they had fresh water. Phiro, a pale ginger tabby, one of the cats the author took care of.
Persons: Spain, I'd, Daniella, Yoda, Markus Lange, I'm, , Orion, Holger Leue, Jabbo, Lucy Handley Organizations: Getty, Mallorca —, Bank Locations: Mallorca, Binissalem, Switzerland, Arizona, Vietnam, Bali, Las Vegas, Es, de Muro, Port d'Alcudia, Binssalem's, Muro, Pollenca
The nation's booming tech scene, buoyant stock market, and youthful population are just some of the factors going for it. Billionaire investor Ray Dalio has said the country is ready for rapid growth, while Elon Musk has highlighted the prospect of Tesla building a factory there. Apple CEO Tim Cook has also voiced his optimism toward India, while Goldman Sachs predicts the South Asian economy to surpass the US in size by 2075. Goldman Sachs expects the South Asian nation's GDP to surge to $52.5 trillion by then, from $3.4 trillion at the end of 2022. His sanguineness toward India has seen Apple open its first two stores in the country earlier this year.
Persons: Ray Dalio, Elon Musk, Tim Cook, Goldman Sachs, Here's, Tesla, Musk, Narendra Modi, Modi, Dalio, Deng Xiaoping, Mark Mobius, Mobius, , He's Organizations: Service, Billionaire, Apple, Wall, Elon, Twitter, Reuters, Bridgewater Associates, Bloomberg, Big Tech Locations: India, Wall, Silicon, China, Washington, Beijing
Cramer's Lightning Round: Don't touch AST SpaceMobile
  + stars: | 2023-07-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon AST SpaceMobile's year-to-date stock performance. Stock Chart Icon Stock chart icon Alexandria Real Estate's year-to-date stock performance. Stock Chart Icon Stock chart icon Centene's year-to-date stock performance. Stock Chart Icon Stock chart icon StoneCo's year-to-date stock performance. Stock Chart Icon Stock chart icon Incyte's year-to-date stock performance.
Persons: Jimmy Chill, that's Tesla, Don Wood, Michael Neidorff, he's, it's Organizations: Alexandria Real, Federal Realty Locations: Alexandria, Federal
After all the hard work she put in to beat six rivals, including four Grand Slam champions, Jabeur had stood on the cusp of becoming the first Arab and first African woman to win a Grand Slam title. Luckily four-time major winner Kim Clijsters, who had lost her first four Grand Slam finals, was waiting in the wings to hug the distraught 28-year-old and offer her hope that her time will come. "We were crying together at the locker room," Jabeur told reporters. "Definitely this match, last year's match, the final of the U.S. Open, will teach me how to win these finals. Hopefully I will be like the others that failed a couple of times to do it and it (the win) will come after.
Persons: Wales, Jabeur, Marketa Vondrousova, Swiatek, Kim Clijsters, Kim, She's, Chris Evert, Simona Halep, Evert, Halep, it's, Pritha Sarkar, Clare Fallon Organizations: U.S, Wimbledon, U.S ., Thomson Locations: Tunisian
Cramer's Lightning Round: Datadog is a buy
  + stars: | 2023-07-13 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon MYR Group's year-to-date stock performance. Stock Chart Icon Stock chart icon RH's year-to-date stock performance. Next thing you know, I'm right, he's wrong, 100 points and it's not done." Stock Chart Icon Stock chart icon Datadog's year-to-date stock performance.
Persons: it's, MYR Organizations: Nvidia, MYR
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