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☆ Jim Cramer says 'people are traveling' and he likes this cruise stock and this airline
▼ + stars: | 2024-02-22 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Boeing, the leadership from the top is the only leadership government cares about," Jim Cramer said Thursday. Dow stock Boeing was down slightly. Etsy : Shares of the online marketplace for handmade goods dropped 8% on an earnings miss and a softer-than-expected guide. "I have nothing but good things to say about Royal Caribbean," Jim said. "People are traveling," he said, adding he likes Southwest Airlines here.

Persons: Jim Cramer, Cramer, Jim, RJ Scaringe, Scaringe Organizations: Boeing, Max, Dow, plummetted, Royal, Southwest Airlines Locations: Caribbean

☆ Here's why stocks are still vulnerable in September
▼ + stars: | 2023-08-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The bad news is, stocks still aren't cheap, rates still seem like they want to push higher, and China is definitely weaker. Stocks are vulnerable in September: The 'pain trade' is down After that, it's time to repair some damage to the markets. Here's the good news: even though stocks have been straight down most of this month, 5% off the highs is a pretty garden variety correction. Nvidia and AI stocks: how much more do you want? I don't know if that is true, but it sure looks like much of the demand for AI stocks has been pulled forward.

Persons: Jerome Powell's Jackson, Powell, Stocks, there's, Banks, Russell, Susan Collins, Patrick Harker, Joachim Nagel, Thursday's, I'm, Chris Harvey, it's, Jackson Organizations: Federal, deflator, Regional Bank ETF, Energy, Boston, Financial Times, Philadelphia Fed, CNBC, ECB, Nvidia, Microsoft, Cisco, Intelligence, Technology, IBM Locations: China, Wells Fargo, Jackson

Adani Group has dismissed the report as baseless and said it is considering whether to take legal action against the New York-based firm. "There were heavy positions in Adani group (shares), the way they have risen in the last couple of years," said Neeraj Dewan, director at Quantum Securities in New Delhi. Shares of other listed Adani firms also plummetted, with Adani Transmission Ltd (ADAI.NS) Adani Total Gas (ADAG.NS), Adani Green Energy (ADNA.NS) and Adani Ports (APSE.NS) sinking 20% each. Adani Enterprises' net profit for the period ended Sept. 30, 2022 doubled to 9 billion Indian rupees ($110.31 million) while its total income nearly tripled to 795 billion Indian rupees, according to its share sale prospectus. The company's total liabilities as of September 2022 stood at 869 billion rupees ($10.64 billion), the prospectus showed.

☆ World's dash for natural gas endangers climate goals -report
▼ + stars: | 2022-11-10 | by ( Kate Abnett | ) www.reuters.com time to read: +3 min

[1/3] Germany's future LNG terminal is under construction amid the Russian invasion of Ukraine, in Lubmin, Germany, September 19, 2022. Among the projects are new gas drilling in Canada and liquefied natural gas (LNG) import capacity in Germany and Vietnam. By October, Russian gas had plummetted to 7.5% of Europe's gas imports, down from 40% in recent years. The dash to replace those supplies has bolstered plans to expand fossil fuel infrastructure, even as the European Union has proposed higher renewable energy targets to attempt to mostly replace Russian fuel with clean energy. The International Energy Agency has said no new oil and gas fields should be opened if the world is hit the 1.5C goal.

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