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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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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: It's, Dow, Jim Cramer's takeaways, Cowen, Bernstein, Davidson, Dr Pepper, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Micron, Jefferies, Costco, Nasdaq, Intel, Qualcomm, Apollo Global Management, JPMorgan, Nike, Dow, General Motors, Microsoft, Club, Holdings, Bank of America, Citi, Apple, Barclays, Constellation Energy, Jim Cramer's Charitable, CNBC Locations: San Francisco
UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and submitted a request to boost the holding to up to 29.9%. The Italian bank acquired the additional Commerzbank shares through financial instruments, it said in a Monday statement. Earlier this month, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the German government. However, as was the case for UniCredit, such potential requires action for it to be crystalized," the bank said on Monday. Commerzbank shares were down 0.4% by 11:50 a.m. London time, while UniCredit shares fell 2.3%.
Persons: UniCredit, Commerzbank, Berlin Organizations: Federal Locations: Frankfurt, Germany, Commerzbank, London
He positioned himself outside the fence at the sixth hole of the course on Sept. 15, before a Secret Service agent scouting one hole ahead of the former president’s group spotted him and the barrel of his gun. At the time he was seen, Mr. Routh had aligned himself directly to the sixth hole, with the intention of shooting Mr. Trump from a relatively short distance with a semiautomatic rifle, prosecutors said. The rifle, equipped with a scope and left at the scene, had a bullet in the chamber and a total of 11 rounds. “I tried my best and gave it all the gumption I could muster,” Mr. Routh wrote in a note placed inside a box, left at a friend’s house, found by investigators after he was arrested. “It is up to you to finish the job; and I will offer $150,000 to whomever can complete the job.”
Persons: Donald J, Trump, Ryan W, Routh, , Mr, Organizations: Service Locations: West Palm Beach, Fla
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive. The strategic action requires Northvolt to reduce its global workforce by around 20% and a 25% reduction in Sweden, the firm said. Northvolt, which currently delivers batteries from its first gigafactory Northvolt Ett in Skellefteå, said in March that it had over 6,000 employees. The announced measures come as part of a broader strategic review and in response to what Northvolt described as "a challenging macroeconomic climate." Based in Stockholm, Sweden, Northvolt is one of Europe's most valuable privately-held tech firms that builds lithium-ion batteries for the electric vehicle industry.
Persons: Northvolt, Peter Carlsson, Carlsson, — CNBC's Ryan Browne Organizations: Office, Monday, Volkswagen, Volvo Locations: Northvolt, Sweden, Skellefteå, Stockholm
Former President Donald Trump on Monday threatened John Deere with a 200% tariff if the agricultural manufacturer moves production to factories in Mexico. John Deere has announced that it plans to shift production of some of its models to Mexico, a move that has resulted in layoffs at facilities in Iowa. It's hurting our manufacturing," Trump said Monday. Monday appeared to be the first time Trump had singled out John Deere. The former president's comments appeared to be off the cuff, prompted only by the John Deere tractors that were set up as the backdrop of the event.
Persons: Donald Trump, John Deere, They've, Trump, John Deere's Organizations: Republican, Protecting America Initiative, CNBC, . Manufacturing, Deere Locations: Smithton , Pennsylvania, Mexico, United States, Iowa, Michigan
Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 23, 2024. U.S. stock futures were little changed Monday after the S&P 500 and Dow Jones Industrial Average posted new record closes. Futures tied to the 30-stock Dow slipped 38 points, or 0.09%. S&P 500 futures inched down 0.11%. Earlier in the day, the S&P 500 rose 0.28% and the Dow added 0.15%, resulting in closing records for both indexes.
Persons: Dow, Paul Hickey, There's, You've, Hickey, Quincy Krosby Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow, Federal Reserve, Investment, LPL, Traders, Conference, Richmond Fed Locations: Quincy, mull
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. After struggling near the open, consumer staples is making a push higher on the daily S & P 500 sector leaderboard. 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, There's, We're, Piper Sandler, Brown, Forman, Eli Lilly, Lilly, Jim Cramer's, Jim Organizations: CNBC, ., Constellation Brands, Corona, Modelo, Sunday, Abbott Laboratories, GE Healthcare, Novo Nordisk, Apple, Microsoft, Nvidia, Broadcom, Motors, Starbucks, Thor, Philadelphia Federal, Conference, Richmond, Jim Cramer's Charitable
A Chinese flag in Pudong's Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Asia-Pacific markets opened lower Monday as investors assessed monetary policy decisions from Japan and China on Friday after U.S. Federal Reserve's sharp rate cut sent markets higher last week. Despite growing calls for lower interest rates, the People's Bank of China unexpectedly left its key benchmark rate on hold on Friday. The Reserve Bank of Australia starts its two-day policy meeting on Monday, where central bankers will decide on the country's monetary policy path on Tuesday. Overall year-on-year CPI is expected to have cooled to 2.15%, compared to 2.40% the previous month
Organizations: National Bureau of Statistics, People's Bank of China, Reserve Bank of Australia Locations: Lujiazui, Shanghai, China, Asia, Pacific, Japan, Federal, Singapore
South Korea-based Samsung Electronics has also been considering investing in building chip manufacturing facilities in the country in the coming years. The Gulf state has been ramping up efforts and investments in developing its domestic tech industry as it works to build its position as a global hub for advanced technology and artificial intelligence. However, the discussions with UAE officials are still in the early stages, the report said. A tug-of-war between the U.S. and China has played out in the region as tech deals speed up and Washington grows increasingly wary over Beijing's influence in the Gulf state. TSMC and Samsung have held discussions with U.S. officials who are worried about potential shipments of advanced AI chips coming from UAE-based plants to China.
Persons: Alex Capri Organizations: Dubai International Financial, Global, Taiwan Semiconductor Manufacturing Co, Samsung Electronics, United, Street, TSMC, South Korean, UAE, U.S, Samsung, National University of, CNBC, Wall Locations: Dubai, United Arab Emirates, Burj, Gulf, Taiwan, South Korea, China, Washington, UAE, The U.S
Local residents with umbrellas walk out of a metro station in rain during morning rush hour on September 20, 2024 in Beijing, China. China News Service | China News Service | Getty ImagesBEIJING — More economists are calling for China to stimulate growth, including those based inside the country. His presentation Saturday at Renmin University's China Macroeconomy Forum was titled: "A basket of stimulus and reform, an economic revitalization plan to substantially expand domestic demand." "The elephant in the room is the property market," said Xu Gao, Beijing-based chief economist at Bank of China International. To restore confidence and stabilize the property market, Xu said that policymakers should bail out the property owners.
Persons: Liu Shijin, Liu, Goldman Sachs, China's, Xu Gao, Xu, Nomura, Gabriel Wildau, Teneo, Yi Gang, Wildau, Yi Organizations: China News Service, Getty, Development Research, State Council, CNBC, China Macroeconomy, Goldman, Bank of China International, Center for, People's Bank of China Locations: Beijing, China, BEIJING, Renmin, Center for China, U.S
Mark Robinson, Lieutenant Governor of North Carolina and candidate for Governor, delivers remarks prior to Republican presidential nominee former President Donald Trump speaking at a campaign event at Harrah's Cherokee Center on August 14, 2024 in Asheville, North Carolina. The political network largely funded by billionaire industrialist Charles Koch has been quietly backing North Carolina Lt. Gov. Mark Robinson despite a litany of controversies, according to records uncovered by CNBC. Though Robinson has denied he wrote the scores of posts, at least four of his top aides from his North Carolina gubernatorial campaign resigned within days of the report's publication. The move by Americans for Prosperity to back Robinson from a policy perspective surprised some North Carolina Republican strategists.
Persons: Mark Robinson, Donald Trump, Charles Koch, Koch, Robinson, It's, Sen, Ted Budd, Josh Stein, We've, Jonathan Bridges, Mark Walker Organizations: Governor, Republican, Cherokee Center, Gov, CNBC, Prosperity, CNN, North, North Carolina gubernatorial, National, Republican Governors Association, North Carolina Republican, Labor Locations: North Carolina, Asheville , North Carolina
It may be time to take another look at municipal bonds. These days, munis are cheap relative to corporate bonds, Bank of America said in a note Friday. "Muni weakness is not the driver here, but rather corporate richness," municipal research strategist Yingchen Li wrote. "We continue to advise investors to take positions while the muni market rally remains slow and ratios are somewhat cheap," he said. Municipal bonds have already had an "impressive" run in recent months, Haskell wrote in a note last week.
Persons: Yingchen Li, Li, Patrick Haskell, Haskell Organizations: Bank of America, BlackRock
The move they made is a big cut," SlateStone Wealth's Kenny Polcari told CNBC's " Street Signs Asia " on Sept. 19. Calling it a "crisis level cut," he added that "people [are] scratching their heads, going, what's it really mean?" Federal Reserve Chair Jerome Powell stressed that the big rate cut does not signal that the risk of a recession is elevated. According to FactSet data, of the 20 analysts covering the stock, 18 give it a buy or overweight rating, while two have a hold rating. Biotech play Another stock Polcari is bullish on is biopharmaceutical player Amgen , given its pipeline of new products .
Persons: Kenny Polcari, CNBC's, Jerome Powell, Polcari, Amgen, — CNBC's Sean Conlon Organizations: U.S, Biotech, U.S . Food, Drug Administration, Euronext, Nasdaq, Nvidia Locations: Federal, U.S, Amgen, Euronext Amsterdam, Dutch, ASML
Orangeburg, South Carolina KFF Health News —Amari Marsh had just finished her junior year at South Carolina State University in May 2023 when she received a text message from a law enforcement officer. South Carolina state Rep. Seth Rose, a Democrat in Columbia and one of Marsh’s attorneys, called it a “really tragic” case. But at the hospital, Marsh learned that her infant, a girl, had not survived. Historically, birth outcomes for Black women in Orangeburg County, where Marsh lost her pregnancy, have ranked among the worst in South Carolina. She is taking classes at a local community college and hopes to reenroll at South Carolina State University to earn a four-year degree.
Persons: Amari Marsh, ” Marsh, Marsh, , Amari's, Herman Marsh, Regina, , ’ ” Sam Wolfe, KFF, James Clyburn, ’ ” Clyburn, , , “ I’ve, I’ve, Seth Rose, Zipporah, Amari, ” Sumpter, Sam Wolfe, Marsh “, y’all, David Pascoe, Pascoe, Dana Sussman, Court’s Dobbs, Dobbs, Holly Gatling, Michele Heisler, ” Chelsea Daniels, ” Daniels, Sumpter, Dr, Sanjay Gupta, God, Daniel Chang Organizations: South Carolina KFF Health, South Carolina State University, Calhoun Regional Detention, KFF Health, U.S, Supreme, Jackson, Health Organization, White, Rep, Carnegie Hall, Democrat, Regional Medical, South Carolina’s Republican, South, Judicial, Pregnancy, Local, The Times, South Carolina Citizens, Life, National, Physicians, Human Rights, Medical University of South, CNN, CNN Health, Health News, Health, KFF Locations: Orangeburg, South Carolina, Calhoun, , Columbia, South, South Carolina’s, Miami, Florida, Montana , Missouri, Maryland, Medical University of South Carolina, Orangeburg County, Health News Florida
College graduates on average earn more than those without a degree, but you don't need a bachelor's to land a high-paying job. Dozens of associate degrees can lead to high five-figure and six-figure incomes, according to a new report from salary data provider Payscale. Payscale looked at the education and employment histories of more than 3 million college graduates with either an associate or bachelor's degree. These findings, published on Sept. 4, note that associate degree holders can earn as much as $150,000 within 10 years of graduating. Here are the five highest-paying associate degrees, according to Payscale:
Persons: Payscale
Olivia Munn and John Mulaney announced the birth of their second child together, a daughter. Méi June Mulaney was born on Sept. 14, Munn wrote on Instagram Sunday. "I had so many profound emotions about not being able to carry my daughter," Munn wrote on Instagram Sunday. Munn said she is "proud of my little plum, my little dragon, for making the journey to be with us." Munn and Mulaney have one other child together, a son named Malcom.
Persons: Olivia Munn, John Mulaney, Méi, Mulaney, Munn, " Munn, Malcom
Erik Menendez is slamming Netflix’s show “Monsters: The Lyle and Erik Menendez Story,” based on the 1989 murder of Jose and Kitty Menendez, as “awful lies” and a “horrible narrative,” in a statement shared by his wife, Tammi Menendez. Tammi Menendez, who married Erik Menendez in 1999, posted what she labeled as "Erik's response to the Netflix's series" to X on Sept. 19, the day “Monsters” dropped on the streaming platform. “The Lyle and Erik Menendez Story” is the second season in the Ryan Murphy’s “Monster” anthology, which started with a series on Jeffrey Dahmer. Joseph “Lyle” Menendez, now 56, and Erik Menendez, now 53, were convicted of the murders in 1996 after two trials. In a second trial that began in 1995, the allegations of abuse were deemed inadmissible.
Persons: Erik Menendez, Lyle, , Jose, Kitty Menendez, Tammi Menendez, Ryan Murphy’s, Jeffrey Dahmer, Joseph “ Lyle ” Menendez, ” TODAY.com, , Ryan Murphy, Erik, Lyle Menendez, Robert Rand, Murphy, Rand’s “ Organizations: Netflix
Democrat Kamala Harris leads Republican Donald Trump by 5 points among registered voters, 49%-44%, in the new national NBC News poll. In that July poll, Trump was ahead of Biden by 2 points, 45% to 43%. The new poll shows the key voting blocs that have moved — and those that haven’t really budged — since Biden’s exit. Latino voters backed Biden 54%-38% in the July poll; in this survey, Harris led Trump by a similar 54%-35% margin. In the September poll, the picture between Harris and Trump is the same: 48% Trump, 47% Harris.
Persons: Kamala Harris, Republican Donald Trump, Joe Biden, Trump, Harris, — haven’t, Biden Organizations: Republican, NBC News, NBC, Biden, Trump, Democratic
Two-thirds of voters say their family income is falling behind the cost of living, and voters ranked the cost of living as their top concern in the election. Harris leads on abortion, fitness and change; Trump is ahead on the key issues of the border and inflationThe NBC News poll also tests Harris and Trump on 13 different issues and presidential qualities. But in this new poll, Harris is now at 48% positive, 45% negative (+3). And 66% of voters say their family’s income is falling behind the cost of living. Meanwhile, 65% of voters say the country is on the wrong track, compared to just 28% who say it’s heading in the right direction.
Persons: Kamala Harris, Harris, Donald Trump, Trump, Joe Biden’s, Harris ’ favorability, George W, Bush’s, , Biden, ” Harris, , Kamala Harris ’, , Jeff Horwitt, Democratic pollster, Bill McInturff, What’s, aren’t, ” Horwitt, Robert F, Kennedy Jr, Jill Stein, Chase Oliver, Harris ’, George H.W, Ross Perot, That’s, it’s Organizations: NBC News, NBC, Trump, Hart Research Associates, Democratic, Republican, , Biden, Black, House Locations: U.S
The AfD became the first far-right party to win a state election in Germany since World War II, in Thuringia, on Sept. 1 and just missed first place in Saxony. Hans-Christoph Berndt, the AfD candidate for Brandenburg state premier, cast his ballot on Sunday in the town of Golssen, south of Berlin, expressing optimism about his party’s prospects with increased support compared to 2019. Narrow the gapIn recent weeks, the SPD has managed to narrow the gap with the AfD, opinion polls have shown. AfD party leader Tino Chrupalla said Scholz should do the same. “It is high time this government suffer the consequences after this state election,” Chrupalla said.
Persons: Chancellor Olaf Scholz’s, Hans, Christoph Berndt, we've, ” Berndt, won’t, Scholz, Brandenburg’s, Dietmar Woidke, Woidke, pollster Forschungsgruppe Wahlen, ” Woidke, Tino Chrupalla, ” Chrupalla Organizations: Chancellor Olaf Scholz’s Social Democrats, Communist, Brandenburg, Social Democrats, SPD, Sahra Wagenknecht, Scholz’s, Free Democrats, Greens Locations: German, Brandenburg, Germany, Thuringia, Saxony, Europe, Ukraine, Scholz’s, Golssen, Berlin, Potsdam
Smart glasses, many with components made in China, are emerging as an up-and-coming category as the fall consumer technology product season gets underway. Snap has revealed augmented reality glasses ; Meta is expected to do so at its own event starting Sept. 25. The Facebook-parent's Ray-Ban Meta Smart Glasses are already seeing traction, HSBC's Frank He, head of technology hardware research for mainland Chinese stocks, pointed out in a report earlier this month. The roughly $300 Ray-Ban Meta smart glasses allow users to take pictures, short video clips, listen to music and interact with Meta's AI features, according to promotional materials. For the year through July, the optical company's non-smartphone camera module shipments surged about 61%, which HSBC attributes to "brisk sales" of Ray-Ban Meta Smart Glasses.
Persons: parent's Ray, Frank He, Sunny, Ray, Sunny Optical's, — CNBC's Michael Bloom Organizations: HSBC, Ray, U.S, Hong, JPMorgan, HK Locations: China, Hong Kong, Vietnam, India, Europe, U.S, Friday's
Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Recently, Baird analyst Colin Sebastian reiterated a buy rating on Take-Two Interactive stock with a price target of $172. He anticipates the mobile business will contribute around $3.1 billion, and catalog/live services will generate $2.5 billion in the full year. Benedict noted that the August comparable sales growth was sequentially steady compared to the 7.2% increase in July, as stronger traffic was offset by some moderation in average traffic growth.
Persons: Baird, Colin Sebastian, Max Payne, Sebastian, TipRanks, Peter Benedict, bullish, Costco's, Benedict, Doug Anmuth, Anmuth Organizations: Netflix, Wall Street, Costco Wholesale, Costco, JPMorgan Locations: Flora, TipRanks
For me this is not a position, it is a responsibility,” Dissanayake told reporters after his victory which was confirmed after a second tally of votes. Dissanayake polled 5.6 million or 42.3% of the votes, a massive boost to the 3% he managed in the last presidential election in 2019. Anura Kumara Dissanayake of the National People's Power party leaves a polling station after casting his vote in Colombo, Sri Lanka, on Sept. 21, 2024. Grinding poverty for millionsButtressed by the IMF deal, Sri Lanka’s economy has managed a tentative recovery. Dissanayake ran as a candidate for the National People’s Power alliance, which includes his Marxist-leaning Janatha Vimukthi Peremuna party.
Persons: Kumara Dissanayake, Ranil Wickremesinghe, Sajith Premadasa, , ” Dissanayake, “ Mr, ” Wickremesinghe, Dissanayake, Premadasa, Eranga, Gotabaya Rajapaksa, , Pradeep Peiris, Dissanayake’s, Janak Dias Organizations: COLOMBO Reuters, Marxist, National People's, Monetary Fund, University of Colombo, IMF, National People’s Power, JVP Locations: Lankans, Sri Lanka, Colombo, , Sri
Vice President Kamala Harris’ campaign on Saturday said it would accepted an invitation to participate in a second debate with former President Donald Trump. The potential debate would take place on Oct. 23 and be hosted by CNN, Harris campaign chair Jennifer O’Malley Dillon said in a statement. “The American people deserve another opportunity to see Vice President Kamala Harris and Donald Trump debate before they cast their ballots,” O’Malley Dillon said, adding, “Donald Trump should have no problem agreeing to this debate. O’Malley Dillon’s statement comes after Trump and Harris met for their first debate on Sept. 10, which was hosted by ABC. An Oct. 23 debate would pit Trump and Harris against each other less than two weeks before Election Day, but weeks into early voting in multiple states.
Persons: Kamala Harris ’, Donald Trump, Harris, Jennifer O’Malley Dillon, , Kamala Harris, ” O’Malley Dillon, “ Donald Trump, Saul Loeb, , Trump, Steven Cheung, ” Trump, O’Malley, Joe Biden, Biden Organizations: CNN, National Constitution Center, AFP, Getty, Telemundo Arizona, NBC Universal, Trump, ABC Locations: Philadelphia, Georgia
“President Putin has a good sense of humor. The Ukrainian leader said he also hoped to meet Trump, the Republican presidential candidate. Zelenskyy said in August he wanted to present his plan to Biden, Harris, and Trump. While Trump and Zelenskyy talked over the phone in July, they have not met in person since Trump’s 2017-2021 term. At a critical juncture in the war, Zelenskyy is seeking to strengthen Ukraine with more weapons, and military, economic, and diplomatic support from the U.S., Kyiv’s key ally.
Persons: Vladimir Putin, Kamala Harris, Sergei Lavrov, Putin, Harris, Donald Trump, ” Lavrov, , Volodymyr Zelenskyy, Zelenskyy, Joe Biden, ” Zelenskyy, Biden, Organizations: Democratic, Sky News Arabia, Republican, Russia, . Security, General Assembly, Trump Locations: Moscow, November’s, Russia, United States, Ukraine, U.S, Washington, Russian, Russia’s Kursk, Zelenskyy
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