DIRS.INFO The most relevant business & tech news

☆ Cramer's Lightning Round: Beyond Meat is 'too risky'
▼ + stars: | 2024-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Riot Platforms' year-to-date stock performance. Stock Chart Icon Stock chart icon KLA's year-to-date stock performance. Stock Chart Icon Stock chart icon Beyond Meat's year-to-date stock performance. Stock Chart Icon Stock chart icon Advanced Micro Devices' year-to-date stock performance. Stock Chart Icon Stock chart icon Warby Parker's year-to-date stock performance.

Persons: we're, Warby, Warby Parker, Jim Cramer's Organizations: Devices, AMD, Nvidia

☆ After revenue miss, Salesforce CEO details the 'measured' buying environment for enterprise software companies
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After Salesforce posted its first revenue miss since 2006, CEO Marc Benioff told CNBC's Jim Cramer how the market for enterprise software companies has changed since the pandemic. The reality is, you're going to have heterogeneous buying environments, it's going to happen," Benioff said. "And we're in this post-pandemic reality where the buying environment has — and we've talked about this now for a few quarters — been very measured for enterprise software companies. Benioff said that during the pandemic, companies "aggressively" bought enterprise software. "It's been a complete financial transformation," Benioff said.

Persons: Salesforce, Marc Benioff, CNBC's Jim Cramer, Benioff, we've, Wednesday's, they've, he's, It's, it's Organizations: FedEx, Air India

☆ Cramer's Lightning Round: 'Stay away' from Crown Castle
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Walt Disney's year-to-date stock performance. Stock Chart Icon Stock chart icon Topgolf's year-to-date stock performance. Stock Chart Icon Stock chart icon Crown Castle's year-to-date stock performance. Stock Chart Icon Stock chart icon Oklo's year-to-date stock performance. Stock Chart Icon Stock chart icon AppLovin's year-to-date stock performance.

Persons: Walt Disney's, Walt Disney, Nelson, I've, Dick's, AppLovin, I'm, Jim Cramer's Organizations: GE

☆ Chipotle CEO discusses viral TikTok trend, company's first-ever stock split
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Chipotle CEO Brian Niccol addressed a recent TikTok trend that claims the fast food chain is skimping on portion sizes. Dubbed the "Chipotle phone method," the trend involves some users on Tiktok filming Chipotle workers as they get orders ready in order to receive more toppings. Niccol also discussed Chipotle's first-ever stock split. One Chipotle share is currently worth $3,072.85, and the split is expected to take effect in June. "There's a lot more excitement when you can buy a whole share or get a couple shares," Niccol said.

Persons: CNBC's Jim Cramer, Brian Niccol, Niccol, Chipotle, We're, Chipotle's, Jack Hartung

☆ Cramer explains why some are skeptical of Nvidia's ballooning market cap
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

He suggested Nvidia could soon surpass Microsoft 's market capitalization but explained why some on Wall Street are suspicious of the artificial intelligence darling's swift journey to the top. "Somehow, to so many, it just doesn't seem right that a company they rarely interact with could be this big. If Nvidia keeps up its current growth pace, Cramer said it could soar past Apple and overtake Microsoft soon. At around $3.2 trillion, Microsoft is the biggest company on the market, followed by Apple at about $2.9 trillion and Nvidia at roughly $2.8 trillion. "And for all we know Nvidia, not Apple, not Microsoft, is Secretariat, the greatest of them all."

Persons: CNBC's Jim Cramer, Cramer, Berkshire Hathaway, Warren Organizations: Nvidia, Microsoft, Apple, Exxon Locations: Berkshire

☆ Cramer's Lightning Round: Apple is a buy
▼ + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Datadog's year-to-date stock performance. Stock Chart Icon Stock chart icon Axcelis Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon Tegna's year-to-date stock performance. Stock Chart Icon Stock chart icon Bristol-Myers' year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance.

Persons: Let's, Myers, Rowe Price's, Rowe Price Organizations: Technologies, Axcelis Technologies, Novo, Novo Nordisk, Bristol, Myers, Pfizer Locations: Bristol

☆ Jim Cramer explains why stock splits can bring gains
▼ + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Using Nvidia 's announcement last week of its 10-for-1 stock split as an example, CNBC's Jim Cramer explained why such moves can give companies a boost. "In theory, stock splits, they shouldn't matter at all," he said. "But if you just look at the stock splits that've been announced … they clearly don't hurt." Cramer explained that companies usually split stock to make shares with "terrifying price tags" more available to regular investors. While Cramer stressed that stock spits don't guarantee gains, he said a company's shares often do rise after such an announcement.

Persons: CNBC's Jim Cramer, …, Cramer Organizations: Nvidia, Walmart, Lam Research Locations: Chipotle

☆ Cramer examines the bull cases for Nvidia as it sets new highs
▼ + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Just because CNBC's Jim Cramer thinks investors should own Nvidia — not trade it — doesn't mean he thinks they should buy it right now. On Tuesday, he said he still believes in the company but explained why the stock's rally may not continue. "While Nvidia's a great company with a great stock, in the end, it's still a stock. Cramer reaffirmed his belief that Nvidia, which hit a new high Tuesday, "pretty much owns AI, and AI pretty much owns the future," saying the company has been focused on developing extremely fast chips for decades. "The buyers haven't repealed the laws of what governs a stock, even if that stock is Nvidia," he said.

Persons: CNBC's Jim Cramer, it's, there's, Cramer, Ben Reitzes, Dan Fitzpatrick, Fitzpatrick Organizations: Nvidia

☆ After a better-than-expected quarter, Cramer is optimistic on Macy's turnaround
▼ + stars: | 2024-05-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday reviewed Macy's most recent quarter, saying he's pleased with the retail giant's preliminary progress in putting its turnaround strategy to work. "It's early days for the Macy's turnaround. It's only the iconic company's first full quarter with CEO Tony Spring at the helm, Cramer noted. Cramer praised Macy's plan to close many underperforming namesake stores while investing in and updating the locations that are doing better. "Either Tony Spring keeps pulling off his ambitious turnaround — and I believe he can do it— or someone else comes in and buys the darned thing."

Persons: CNBC's Jim Cramer, he's, Macy's, It's, Tony Spring, Cramer, Arkhouse, Spring Organizations: Macy's Locations: China

☆ Cramer's week ahead: Earnings from Costco, Dell, Ulta and Dollar General
▼ + stars: | 2024-05-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After a week focused on Nvidia , CNBC's Jim Cramer said investors should prepare to turn their attention from the artificial intelligence giant to retailers. He pointed to a slate of upcoming earnings reports from outfits including Costco and Dollar General . On Thursday, Cramer will be eyeing earnings reports from Dollar General and Burlington Stores . Kohl's , Cracker Barrel , Gap , Marvell Technology , Ulta , Dell and Costco also report on Thursday. Lastly on Thursday, Cramer will be waiting to see if Cloudflare can make a comeback at its investor day.

Persons: Jim Cramer, Cava, Cramer, he'll, Abercrombie &, wouldn't, Dick's, Salesforce, it's, he's, Kohl's Organizations: Nvidia, Costco, Dollar, Abercrombie, Abercrombie & Fitch, Dick's Sporting Goods, Dollar General, Burlington Stores, Marvell Technology, Dell Locations: Del, Costco

☆ Cramer's Lighting Round: Sell AMC
▼ + stars: | 2024-05-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Moderna's year-to-date stock performance. Stock Chart Icon Stock chart icon Comfort Systems' year-to-date stock performance. Stock Chart Icon Stock chart icon Sunoco's year-to-date stock performance. Stock Chart Icon Stock chart icon Celestica's year-to-date stock performance. Stock Chart Icon Stock chart icon AMC Entertainment's year-to-date stock performance.

Organizations: Comfort Systems, AMC, AMC Entertainment, Systems, Inspire Medical

☆ Jim Cramer warns against trading Nvidia after blowout quarter
▼ + stars: | 2024-05-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday said he thinks it's unwise to trade Nvidia , saying investors should keep the AI darling. "Just don't sell it on a moment's notice. In fact, don't sell it at all unless you need to do some profit-taking to even out your portfolio because it's just become too large." Cramer noted that Nvidia habitually exceeds earnings expectations and added that investors shouldn't be skeptical of the company's success. According to Cramer, many on Wall Street don't understand exactly what Nvidia does.

Persons: CNBC's Jim Cramer, Cramer, shouldn't, Nvidia aren't, they're Organizations: Nvidia, Microsoft, Meta

☆ Charles Schwab CEO says inflation is the 'No.1 concern' among investors
▼ + stars: | 2024-05-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Thursday interview with CNBC's Jim Cramer, Charles Schwab CEO Walt Bettinger said inflation is the most pressing concern among the brokerage firm's 35 million clients. "We just put out today one of our regular studies on client sentiment, and what's happened is, inflation has now become the No. 1 concern among investors," Bettinger said. "When they think about inflation, it has moved their position from the first quarter of being a little bit on the bullish side to where now they're a little bit on the bearish side." He added that Schwab recommends most investors build up their portfolios with low-cost index funds or low-cost actively managed funds.

Persons: CNBC's Jim Cramer, Charles Schwab, Walt Bettinger, Bettinger, Schwab Organizations: Federal Reserve

☆ Cramer's Lightning Round: Sigma Lithium is 'too dicey'
▼ + stars: | 2024-05-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Arista Networks' year-to-date stock performance. Stock Chart Icon Stock chart icon Sigma Lithium's year-to-date stock performance. Stock Chart Icon Stock chart icon Trump Media & Technology Group's year-to-date stock performance. Stock Chart Icon Stock chart icon Eli Lilly's year-to-date stock performance. Stock Chart Icon Stock chart icon Sony Group's year-to-date stock performance.

Persons: Jayshree, Eli Lilly's, Eli Lilly, it's, Jim Cramer's Organizations: Arista Networks, Arista, Sigma, Trump Media & Technology, Sony

☆ Williams-Sonoma CEO explains how the company deals with a difficult housing market
▼ + stars: | 2024-05-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Williams-Sonoma CEO Laura Alber explained how her company handles a tough housing market. "The customer isn't shopping for as much furniture as they were because of the housing slump, but they are, you know, still updating their homes," Alber said. Williams-Sonoma owns several brands besides its own namesake homewares business, including West Elm and Pottery Barn. The company reported an earnings beat on Wednesday, but saw weakness in its Pottery Barn brand. Alber acknowledged that Pottery Barn was affected by high housing costs but said Williams-Sonoma is doing better than others in the industry.

Persons: CNBC's Jim Cramer, Laura Alber, Alber, we've, Williams, We're Organizations: Sonoma Locations: Williams, Sonoma, what's

☆ Cramer says recent data shows the economy has cooled since the Fed's last meeting
▼ + stars: | 2024-05-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said inflation may be abating more quickly than some think, suggesting that comments from the Federal Reserve's most recent meeting three weeks ago may not hold much weight. The major averages declined as Wall Street fretted about the Fed minutes, which were released on Wednesday. He said data that's been released since the meeting could make the policymakers change their tune. Cramer admitted that during policymakers' last meeting, the economy was seeing "nascent commodity inflation." Cramer also mentioned that copper prices slumped on Wednesday, and shares from the U.S.'s largest copper producer, Freeport-McMoRan , sank.

Persons: CNBC's Jim Cramer, Cramer, that's Organizations: Federal, Fed, U.S Locations: Freeport, McMoRan

☆ Cramer's Lightning Round: 'I would not be a buyer' of Corning
▼ + stars: | 2024-05-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Corning's year-to-date stock performance. Stock Chart Icon Stock chart icon Axon's year-to-date stock performance. Stock Chart Icon Stock chart icon Recursion Pharmaceuticals' year-to-date stock performance. Stock Chart Icon Stock chart icon Kratos Defense's year-to-date stock performance. Stock Chart Icon Stock chart icon Merit Medical's year-to-date stock performance.

Persons: I've, It's, Kratos

☆ Snowflake CEO talks collaboration with Nvidia: 'There's a lot to come'
▼ + stars: | 2024-05-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Snowflake CEO Sridhar Ramaswamy indicated the cloud data company will collaborate further with artificial intelligence darling Nvidia . There's a lot to come and Jensen's, of course, a visionary when it comes to AI," Ramaswamy said, referencing Nvidia chief Jensen Huang. Ramaswamy also said Snowflake's enterprise customer base is growing and described what the company can do for names like Kraft Heinz . For example, he said Snowflake's AI offerings can analyze customer feedback data to help determine automated responses to questions. "The era of enterprise AI is here, right here at Snowflake."

Persons: CNBC's Jim Cramer, Snowflake, Sridhar Ramaswamy, Ramaswamy, Jensen Huang, Huang, he's, Kraft Heinz Organizations: Nvidia, Cloud Summit Locations: San Francisco, Snowflake

☆ Election Updates: Trump shares, then deletes, a video with headlines about a ‘unified Reich’ if he wins.
▼ + stars: | 2024-05-21 | by ( Chris Cameron | ) www.nytimes.com time to read: +8 min

Mr. Trump’s campaign still lags far behind in total cash on hand, the April filings show. Mr. Trump is leading Mr. Biden in many polls, including recent New York Times/Siena College/Philadelphia Inquirer surveys that had the former president ahead in five of six top battleground states. Mr. Trump also continues to spend millions of dollars on legal bills, the filings show. Still, the filings and campaign statements reflect a busy fund-raising month for Mr. Trump. Save America also received $2.75 million in April from a super PAC backing Mr. Trump, Make America Great Again Inc., and $183,000 from a new joint fund-raising committee Mr. Trump has with the Republican Party.

Persons: Donald J, Trump, Biden, Biden’s, Trump’s, Money, Pete Marovich, Julie Chavez Rodriguez, “ We’re, “, Crooked Joe Biden, ” Mr, Timothy Mellon, Mellon, Robert F, Kennedy Jr, Kennedy’s, Nicole Shanahan, Kennedy, Shanahan Organizations: Republican Party, Mr, Democratic National Committee, Federal, Biden Trump, Republican, Republican National Committee, Biden, New York Times, Siena College, Philadelphia Inquirer, Radio City Music Hall, Democratic, The New York, Republicans, Trump, America, PAC, Make, Inc, Mellon Locations: Palm Beach, Fla, America, Hollywood, Wyoming

☆ Cramer looks at why enterprise and data tech companies are winning: 'Follow the money'
▼ + stars: | 2024-05-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday analyzed the current market action, pointing out the way consumer-focused companies are suffering while outfits that deal with data and have enterprise customers triumph. "Right now, you have to follow the money, and it's currently flowing to businesses that cater to other businesses and the ones that need to interrogate the data," he said. Cramer asserted that "the spigot from the tech titans to everything else" is endless and unavoidable, calling out the biggest names that have and interrogate data, including Amazon , Alphabet , Microsoft , Meta and Apple . But Cramer said this consumer weakness will not last forever and the money flow may shift once rates come down. "The good news about the limited consumer spending is that we don't have to declare it static," he said.

Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Depot, Companies, Microsoft, Meta, Apple

☆ Lowe's CEO explains why the company is partnering with Big Tech
▼ + stars: | 2024-05-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Tuesday interview with CNBC's Jim Cramer, Lowe's CEO Marvin Ellison described the home improvement retailer's partnerships with Big Tech companies like Apple and Nvidia . Ellison said Lowe's offers a Chat GPT plug in that aims to better assist customers, adding that the company also has a program designed for Apple's Vision Pro. Lowe's peer Home Depot has also delved into the AI space by partnering with Alphabet . And like Home Depot, Lowe's is feeling the burden of high interest rates. "We're preparing to be at our best when the cycle turns up, and we know that's going to happen," he said.

Persons: CNBC's Jim Cramer, Marvin Ellison, We've, Ellison, Lowe's Organizations: Big Tech, Apple, Nvidia, Apple's Vision, Home Depot, Google

☆ Cramer's Lightning Round: Lazard is a buy
▼ + stars: | 2024-05-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Lazard's year-to-date stock performance. Stock Chart Icon Stock chart icon Enbridge's year-to-date stock performance. Stock Chart Icon Stock chart icon Advanced Drainage System's year-to-date stock performance. Stock Chart Icon Stock chart icon AST SpaceMobile's year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance.

Persons: Lazard, We've, I've, I'm, It's, Jacobs Organizations: Technologies, Therapeutics, Sarepta Therapeutics, S.A, Petroleo Brasileiro S.A, Jacobs Solutions Locations: Halleluiah

☆ Cramer explains why it's important to acknowledge the Dow 40,000 milestone
▼ + stars: | 2024-05-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After the Dow Jones Industrial Average topped 40,000 last week, CNBC's Jim Cramer reflected Monday on his many years in the business, saying investors should take a step back and realize how far the market has come. At first, Cramer admitted he felt somewhat cautious about celebrating the milestone, thinking back to the Dow's great losses over his decades-long career on Wall Street. But then Cramer remembered when the average was at 1,000, saying perhaps he should "demonstrate some confidence" in the market after all these immense gains. To Cramer, investors don't need to be" cheerleaders" for the market, per se. "I could've tossed the Dow 1,000 hat and gone and become a lawyer.

Persons: CNBC's Jim Cramer, Cramer Organizations: Dow Jones, Dow, Federal

☆ Cramer's Lightning Round: 'Stay away' from Canada Goose
▼ + stars: | 2024-05-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Abbott Laboratories' year-to-date stock performance. Stock Chart Icon Stock chart icon Nutanix's year-to-date stock performance. Stock Chart Icon Stock chart icon Dutch Bros' year-to-date stock performance. Stock Chart Icon Stock chart icon Canada Goose's year-to-date stock performance. Stock Chart Icon Stock chart icon MeiraGTx's year-to-date stock performance.

Persons: We're, doesn't, Let's, Jim Cramer's Organizations: Abbott Laboratories, Dutch Bros, Canada

☆ Norwegian Cruise Line CEO says millennials and Gen Z are the 'fastest growing' segment
▼ + stars: | 2024-05-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Norwegian Cruise Line CEO Harry Sommer told CNBC's Jim Cramer on Monday that younger generations are becoming more interested in the company's offerings. "We appeal obviously to older customers, but millennial and Gen Z is the fastest-growing segment of our cruising right now," he said. "They're coming, they're enjoying it, they see the value for the money, but they also appreciate the guest experience." Shares jumped on Monday, closing up 7.56%, after Norwegian raised its full year-guidance. According to Sommer, Norwegian continues to see demand among its target customer base, "middle and upper tier income consumers."

Persons: Harry Sommer, CNBC's Jim Cramer, Sommer Organizations: Cruise Locations: Sommer , Norwegian

Search resuls for: "Julie C"

25 mentions found