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☆ Apple stops offering buy now, pay later loans in U.S.
  + stars: | 2024-06-17 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Apple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later program that launched last year. The move comes after Apple said it would start allowing installment loans later this year in its Apple Pay checkout process through third-party companies, such as Affirm , and credit and debit cards from issuers, such as Citigroup. Apple said it would no longer issue Apple Pay Later loans, which enabled customers to buy products online and pay in four interest-free installments, at prices up to $1,000. Users with open loans will continue to have access to Apple Pay Later features to manage and pay their loans, Apple said. Before it was discontinued, Apple Pay Later enabled users to apply for loans within the iPhone Wallet app, and approved users would see a "Pay Later" option when checking out online.
Persons: Apple Organizations: Apple, Citigroup, CNBC, Apple Pay Locations: U.S
☆ Stocks making the biggest moves midday: Autodesk, Broadcom, AMC Networks, Virgin Galactic and more
  + stars: | 2024-06-17 | by ( Sean Conlon | ) www.cnbc.com   time to read: +3 min
Check out the companies making headlines in midday trading: Virgin Galactic — The struggling space company slid 15% as the stock's 1-for-20 reverse stock split took effect. The company also announced that Brenda Morris, who served as interim CEO, will remain on its board of directors. Autodesk — Shares gained more than 6% following activist fund Starboard Value taking a $500 million stake in the software company. The company beat earnings and revenue estimates for the second fiscal quarter last week, and it announced a 10-for-1 stock split. Chipotle — The restaurant chain's stock rose nearly 3% ahead of the company's 50-for-1 stock split , which is how it will begin trading at the market open on June 26.
Persons: Mark King, Brenda Morris, BTIG, Goldman Sachs, Corning, Fox, Chipotle, —, Alex Harring, Yun Li Organizations: Virgin Galactic, AMC Networks, Autodesk —, Broadcom, Shattuck Labs, Louisiana - Pacific, TDK, Apple, UBS, Fox Advisors Locations: Louisiana
☆ Constellation is on pace for its best day of the year — here's what may be fueling the rally
  + stars: | 2024-06-17 | by ( Jeff Marks | ) www.cnbc.com   time to read: +4 min
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. Constellation rebounds: There's a strong move happening in Constellation Brands for reasons that are not entirely clear. 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, Eli Lilly, donanemab, CNBC's Sara Eisen, Michael Dell, Jim Cramer's, Jim Organizations: CNBC, Markets, Nasdaq, Nvidia, Apple, Broadcom, Club, Honeywell, Energy, Drug Administration, Constellation Brands, Jefferies, Modelo, Corona, Dell Technologies, UBS, Jim Cramer's Charitable Locations: U.S
☆ Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says
  + stars: | 2024-06-17 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +2 min
Lekander predicted the EV maker's stock would plunge to $15 a share, implying a 91% decline. Tesla stock represents one of the greatest bubbles in history, he said. Earnings are falling off a cliff," he added, estimating Tesla's earnings could fall as much as 50% this year. Lekander, who has been shorting Tesla stock since 2020, echoed other Tesla bears, who have criticized the stock's lofty valuation and predicted a coming correction. AdvertisementIf the company reports losses for two quarters in a row, the stock could easily see losses in the double-digits, Lekander predicted.
Persons: Lekander, —, Tesla Organizations: EV, Service, Energy, Yahoo Finance
☆ Apple's new AI is made in Google data centers
  + stars: | 2024-06-14 | by ( Hugh Langley | ) www.businessinsider.com   time to read: +5 min
But Apple and Google had for months been working together behind the scenes, with Google giving Apple access to its data centers to train the iPhone maker's new AI models. For years, Apple has leaned on Google and Amazon's cloud services to store data for its products. For example, when Apple device users do iCloud backups they are often stored in Google's data centers. Most of the impressive features of AI models must be at least partly handled in massive energy-sucking data centers, which companies such as Microsoft, Google and Amazon have spent years building. Bloomberg previously reported that Google and Apple were also in talks to bring Google's Gemini AI to iOS devices.
Persons: —, OpenAI, Googlers, It's, Craig Federighi Organizations: Service, Apple, Google, Business, Apple Intelligence, Nvidia, Microsoft, Oracle, Bloomberg
☆ Elon Musk talks Tesla's $30 trillion future, Trump the Cybertruck fan, and robot buddies at annual meeting
  + stars: | 2024-06-14 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +1 min
Elon Musk said Tesla could be worth $30 trillion one day, and Donald Trump is a Cybertruck fan. Here's a roundup of Musk's 12 best quotes from the EV maker's annual meeting on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk proclaimed that Tesla could be worth $30 trillion, compared cost cutting to washing the dishes, and revealed Donald Trump calls him randomly and loves the Cybertruck. Musk thanked shareholders for approving his controversial $56 billion pay package, and suggested Tesla could emulate Amazon's cloud-computing business.
Persons: Elon Musk, Tesla, Donald Trump, Here's, —, Musk Organizations: EV, Service, Business Locations: Austin
☆ Stocks making the biggest moves midday: Adobe, RH, Hasbro and more
  + stars: | 2024-06-14 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Check out the companies making headlines in midday trading: Adobe — The software stock surged 14% on stronger-than-expected quarterly results. Adobe posted adjusted earnings of $4.48 per share on $5.31 billion in revenue and boosted its full-year guidance. JPMorgan also upgraded shares to overweight from neutral. Hasbro — The toymaker's shares jumped 4.8% on the back of an upgrade from Bank of America to buy from neutral. Dell Technologies — The PC maker fell more than 1% after CEO Michael Dell disclosed the sale of 5.7 million shares.
Persons: RH, LSEG, Zscaler, Keith Gill, Stellantis, Michael Dell, —, Alex Harring, Michelle Fox, Pia Singh Organizations: Adobe, JPMorgan, Wall, Hasbro, Bank of America, Zero Trust Network Security, Boeing — Boeing, Federal Aviation Administration, Airbus, New York Times, GameStop, Dell Technologies Locations: Bank, U.S
☆ Warren Buffett's Apple Stake Worth $169B, More Than Many S&P 500 Firms
  + stars: | 2024-06-14 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +1 min
Warren Buffett's piece of Apple is worth $169 billion, or more than 450 of the S&P 500 companies. Berkshire Hathaway pared its stake by 13% last quarter; it would have been worth $194 billion. Apple stock has surged by 25% in under three months to a record high, helped by AI buzz. AdvertisementWarren Buffett's stake in Apple is worth more than 450 of the S&P 500 companies following a surge in the iPhone maker's stock over the past six weeks. Buffett's conglomerate, Berkshire Hathaway, owned about 790 million Apple shares worth $135 billion at the end of March, company filings show.
Persons: Warren, Berkshire Hathaway, —, Warren Buffett's Organizations: Berkshire, Apple, Service, Microsoft, Business Locations: Berkshire, Thursday's
☆ Jim Cramer touts Adobe's place in AI race — plus, his latest thoughts on bank stocks
  + stars: | 2024-06-14 | by ( Kevin Stankiewicz | ) www.cnbc.com   time to read: +2 min
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Twilio : Shares dropped more than 2.5% after Morgan Stanley downgraded the communications software maker's stock to a hold-equivalent rating. The Investing Club owns Palo Alto Networks . Morgan Stanley is the other financial in the portfolio. "Morgan Stanley is more problematic to me," given the positioning of rival Goldman Sachs , Cramer said.
Persons: Jim Cramer's, They've, Jim Cramer, Morgan Stanley, Cramer, Keefe, Goldman Sachs Organizations: CNBC, Club, Wynn, Resorts, CNBC Investing, JPMorgan, Investing Club, Palo Alto Networks, Bank of America, Investing Locations: U.S, Carolina, Wells, Fargo
☆ Friday's trading could trigger a $10 billion rush of demand for Nvidia shares. Here's how
  + stars: | 2024-06-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +5 min
At stake is one of the top two spots in the Technology Select Sector SPDR Fund (XLK) , whose June rebalance is based on market cap values as of Friday's close. The market caps of Microsoft, Apple and Nvidia were all within $100 billion of each other as of Thursday's close, according to a FactSet calculation. This type of big shift in an index fund is unusual, but not unprecedented. The fund tracks an index from S & P Dow Jones Indices that uses weighting caps to keep the index in bounds. Depending on how many shares of Nvidia are required, it might cause a short-term spike in the name," Bajaj said.
Persons: Dow, Dow Jones, Matthew Bartolini, Bartolini, Mohit Bajaj, SPDR, Bajaj, Todd Sohn, — CNBC's Michael Bloom Organizations: Nvidia, Technology, Apple, Microsoft, Dow Jones, Dow Jones Indices, UBS, SPDR, Amazon, Trading, WallachBeth, Bajaj, Street Global Advisors, NYSE Technology Locations: U.S, SPDR Americas, rebalancing
☆ It's all roses and rainbows today in Austin, one Tesla analyst says of Musk's mega payday vote
  + stars: | 2024-06-14 | by ( Shubhangi Goel | ) www.businessinsider.com   time to read: +1 min
Tesla's shareholders approved Elon Musk's $55 billion pay package and the company's move to Texas. Wedbush analyst Dan Ives called the result a "pop the champagne moment" for Tesla investors. AdvertisementAt least one analyst is extremely optimistic about how Tesla's shareholders voted. Wedbush Securities analyst Dan Ives called Tesla chief Elon Musk's victory a "pop the champagne moment" for investors in a note on Thursday. The Tesla vote focused on two main issues: the company's move from Delaware to Texas, and approval of Musk's $55 billion pay package, which was largely seen as a referendum on his leadership.
Persons: Dan Ives, Ives, —, Elon Musk's Organizations: Elon Musk's, Service, Wedbush Securities, Tesla, EV, Business Locations: Texas, Delaware
☆ Stellantis has achieved $9 billion in cost reductions from merger
  + stars: | 2024-06-13 | by ( Michael Wayland | ) www.cnbc.com   time to read: +1 min
Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company's investor day at its North American headquarters in Auburn Hills, Mich.AUBURN HILLS, Mich. – Stellantis has achieved 8.4 billion euros ($9 billion) in cost reductions from the merger of Fiat Chrysler and PSA Groupe that created the company in January 2021, CEO Carlos Tavares said Thursday. That amount is more than double initial expectations from when the merger was announced in 2019, and an increase from the updated 5 billion euros in expected reductions within five years of completion of the merger that formed one of the world's largest automakers. Cost-saving measures have included reshaping the company's supply chain and operations, as well as headcount reductions. Since the merger was agreed to in December 2019, Stellantis has reduced headcount by 15.5%, or roughly 47,500 employees, through 2023, according to public filings. Several Stellantis executives described the cuts to CNBC as difficult but effective.
Persons: Carlos Tavares, – Stellantis, Tavares, Stellantis Organizations: Fiat Chrysler, PSA Groupe, CNBC Locations: Auburn Hills, Mich, AUBURN HILLS, U.S, Italy
☆ Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America
  + stars: | 2024-06-13 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +3 min
Broadcom could be the next stock to reach a trillion-dollar market cap, Bank of America said. AdvertisementChip maker Broadcom looks like a contender to be the next member of the stock market's trillion-dollar club, Bank of America said Thursday. Bank of America thinks Broadcom has even greater potential even after its big quarterly report. Upside drivers will be semiconductor sales and Broadcom's VMWare, a software firm it acquired last year. AdvertisementIf Bank of America's price target pans out, that would place Broadcom among an exclusive group of stocks with trillion-dollar market capitalization.
Persons: BofA, — Organizations: Broadcom, Bank of America, Service, VMware, VMWare, Nvidia, Microsoft, Apple
☆ Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
  + stars: | 2024-06-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com   time to read: +4 min
Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.
Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas
☆ Microsoft employees' cybersecurity contributions will factor into their pay
  + stars: | 2024-06-13 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Microsoft will evaluate its employees' cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company's vice chair and president, said ahead of a Thursday U.S. House committee hearing on the software maker's security practices. The changes represent part of Microsoft's efforts to address concerns about how much it's doing to protect its clients' data. For the current fiscal year, these high-ranking executives might see cybersecurity-related impacts reflected in their pay. "The Board also decided that for the current fiscal year, which ends on June 30, the Compensation Committee will consider explicitly each SLT member's cybersecurity performance when it makes its annual assessment of the executive's performance," Smith wrote. WATCH: Microsoft Security VP Vasu Jakkal talks cybersecurity with Jim Cramer
Persons: Brad Smith, Smith, Satya Nadella, Vasu Jakkal, Jim Cramer Organizations: Microsoft, U.S ., Department of Homeland Security, Homeland Security, cybersecurity, YouTube
☆ Tesla pops 6% in premarket after Elon Musk says he is set for victory in $56 billion pay vote
  + stars: | 2024-06-13 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
Shares of Tesla popped in premarket trading, after Elon Musk said shareholders are set to approve his controversial $56 billion pay package and a resolution to move the electric car maker's incorporation to Texas. Tesla shareholders have been voting on two resolutions and can have their say up to the company's annual meeting on Thursday. The first measure under consideration is whether to green light a $56 billion pay package that shareholders originally approved in 2018, before being voided by a Delaware judge in January. Musk now said that both of these resolutions are currently passing by "wide margins," without disclosing specifics or his sourcing. Critics of the pay deal argue that Musk is distracted by his other endeavors, and that the package, the largest in U.S. corporate history, is excessive.
Persons: Elon Musk, Tesla, Musk Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, CNBC, Twitter Locations: Beverly Hills , California, Texas, Delaware
☆ Bank of America gets more bullish on this chip stock that will power Apple's AI transformation
  + stars: | 2024-06-12 | by ( Sarah Min | ) www.cnbc.com   time to read: +1 min
The investment case for Taiwan Semiconductor Manufacturing just got stronger after Apple's push into artificial intelligence, according to Bank of America. Analyst Brad Lin hiked his price objective on Taiwan Semiconductor, saying the buy-rated chipmaker is an "indispensable and reliable partner" to Apple. TSM 1D mountain Taiwan Semiconductor Manufacturing Co. The U.S.-listed shares of Taiwan Semiconductor have already outperformed this year, advancing roughly 60%. Lin noted that Apple is Taiwan Semiconductor's biggest customer, accounting for roughly one-quarter of the chipmaker's revenue.
Persons: Brad Lin, Lin Organizations: Taiwan Semiconductor Manufacturing, Bank of America, Taiwan Semiconductor, Apple, Apple Intelligence, Taiwan Semiconductor Manufacturing Co, Taiwan Semiconductor's Locations: U.S, Taiwan
☆ At Stellantis investor day, cost cuts and China come into focus
  + stars: | 2024-06-12 | by ( Michael Wayland | ) www.cnbc.com   time to read: +6 min
Massimo Pinca | ReutersDETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. "We are not in the race to transition to EVs, but in a race to cut cost on EVs," Tavares said in late May during a Bernstein investor conference. The cuts are part of Stellantis' strategic plan to increase profits and double revenue to 300 billion euros by 2030. Executives on Thursday will outline developments across Stellantis' regions and businesses, including its capital and operational disciplines, according to Stellantis CFO Natalie Knight. "The share price reaction to the [capital markets day] will likely be driven by how these short-term concerns are addressed.
Persons: Carlos Tavares, Massimo Pinca, Tavares, " Tavares, Stellantis, Ned Curic, EVs, I've, Natalie Knight, David Dee Delgado, Ram, China's, Patrick Hummel Organizations: Reuters DETROIT, Atlantic, PSA Groupe, Fiat Chrysler, Ram, CNBC, Amazon, New York, Auto, Reuters, Cox Automotive, UBS, GM, Ford Locations: Turin, Italy, U.S, Auburn Hills , Michigan, Manhattan , New York, China
☆ Stocks making the biggest moves premarket: Eli Lilly, General Motors, Shopify
  + stars: | 2024-06-11 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Eli Lilly — Eli Lilly shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer's drug known as donanemab. General Motors — The automaker's stock added more than 1% after its board authorized a $6 billion stock buyback program . Shopify — The e-commerce stock rose about 1% after JPMorgan initiated coverage with an overweight rating. Apple — Apple shares slipped less than 1% a day after the iPhone maker's Worldwide Developers Conference, where it revealed its artificial intelligence plans , called Apple Intelligence. GameStop — GameStop shares slipped 1% before the bell, continuing its volatile ride.
Persons: Eli Lilly, General Motors, Siri, Keith Gill's, Lee Cole, —, Jesse Pound, Sarah Min Organizations: General, JPMorgan, Apple, Apple Intelligence, Technology, Reuters, Apollo, Kyndryl Holdings, GameStop, Calavo, —, Calavo Growers
☆ Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'
  + stars: | 2024-06-11 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +4 min
Read previewAnother major Tesla shareholder is publicly opposing Elon Musk's multibillion-dollar pay package just days before investors are set to vote on the enormous figure ahead of the automaker's annual shareholder meeting on Thursday. AdvertisementDespite Musk's other endeavors, Tesla remains a car company — and the automaker's output and stock valuation should reflect that, Ailman said. He designed the cars," Ailman told the outlet. Proxy advisors are recommending investors vote no on the pay package, advice which Tesla's passive investors — about 20% of investors in total — are likely to follow, Bernstein analyst Toni Sacconaghi told BI. "He wants to go to Mars," Ailman told CNBC.
Persons: —, Elon Musk's, Christopher Ailman, Ailman, Tesla, Bernstein, Toni Sacconaghi, CalSTRS, Musk, Let's Organizations: Service, California State Teachers, CNBC, Business, Golden State, Tesla, Nvidia Locations: Delaware, California, Golden
☆ GM trims 2024 EV forecast amid slower-than-expected demand
  + stars: | 2024-06-11 | by ( Michael Wayland | ) www.cnbc.com   time to read: +1 min
DETROIT – General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S. adoption of EVs occurs slower than expected. GM Chief Financial Officer Paul Jacobson said the company now expects production of 200,000 to 250,000 EVs this year, down from a previously announced range of 200,000 to 300,000. Jacobson said GM expects EVs to make up 8% of U.S. sales industrywide this year. GM expects its EVs to be profitable on a production, or contribution-margin basis, once it reaches production of 200,000 units. EV sales totaled 16,425 units, or 2.8% of the automaker's overall sales during the period.
Persons: Paul Jacobson, Jacobson, EVs Organizations: DETROIT, GM, Deutsche Bank Locations: North America
☆ Stock futures are little changed ahead of Fed's rate decision, consumer inflation data: Live updates
  + stars: | 2024-06-11 | by ( Pia Singh | ) www.cnbc.com   time to read: +2 min
Stock futures oscillated near the flatline Tuesday night as investors awaited the Federal Reserve's interest rate decision and May's consumer inflation data. S&P 500 futures inched lower by 0.01%, while Nasdaq 100 futures were little changed. During Tuesday's trading, investors' rotation into Apple helped lift the S&P 500 and the Nasdaq Composite to fresh closing highs. Investors are looking to Wednesday's conclusion of the Fed's two-day policy meeting, which will feature an rate policy decision and a subsequent press conference with Fed Chair Jerome Powell. Investors have grown increasingly concerned that the recent strong jobs report and sticky inflation support a higher-for-longer interest rate environment.
Persons: Dow, Jerome Powell, Quincy Krosby Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Oracle, Google, Apple, LPL
☆ Stocks making the biggest moves midday: Affirm, General Motors, Apple and more
  + stars: | 2024-06-11 | by ( Sean Conlon | ) www.cnbc.com   time to read: +3 min
Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, the company said in a filing. General Motors – The automaker's stock added about 2% after announcing a $6 billion share repurchase program. Apple – The stock jumped around 6% one day after the iPhone maker announced its artificial intelligence strategy at its Worldwide Developers Conference . GameStop – The stock rose about 2%, trimming losses after its recent slide.
Persons: General Motors, Siri, Keith Gill, Pierre Brondeau, Mark Douglas, Ronaldo Pereira, Elliott, Lee Cole, FactSet, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Sarah Min, Jesse Pound Organizations: Apple Pay, Apple, General, GM, Worldwide Developers, OpenAI, GameStop, FMC, JPMorgan, Reuters, Apollo, Kyndryl Holdings, Southwest Airlines –, Academy Sports, Bank of America Locations: Southwest
☆ Stocks making the biggest moves midday: Southwest Airlines, GameStop, Advanced Micro Devices and more
  + stars: | 2024-06-10 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
Check out the companies making headlines in midday trading: Southwest Airlines — The stock rose 9% after activist hedge fund Elliott Management amassed a $1.9 billion stake in Southwest Airlines. GameStop — The meme stock slipped nearly 15% in volatile trading after a roller-coaster week. Advanced Micro Devices — The chipmaker fell 3% after Morgan Stanley downgraded shares to equal weight from overweight, saying investors' expectations look elevated. ReNew Energy Global — Shares popped more than 7% after Morgan Stanley upped its price target, saying the narrative for the U.K.-based company remains strong. DraftKings — The sports entertainment stock gained 2% after Morgan Stanley renamed the company as a top pick.
Persons: Bob Jordan, Gary Kelly, Keith Gill, Huntington Bancshares, Huntington, Morgan Stanley, GoDaddy —, Dow, Robert Half, Jefferies, DraftKings, Yun Li, Alex Harring, Michelle Fox, Sarah Min, Pia Singh, Sean Conlon Organizations: Southwest Airlines, Management, Southwest, GameStop, KKR, CrowdStrike, GoDaddy — KKR, Dow Jones, Comerica, Apple, Energy, Jefferies Locations: 2H24, Illumina, Illinois
☆ Monday, June 10, 2024: Cramer breaks down why he believes this energy stock can go much higher
  + stars: | 2024-06-10 | by ( ) www.cnbc.com   time to read: 1 min
Monday, June 10, 2024: Cramer breaks down why he believes this energy stock can go much higherJim and Jeff discuss the this energy stock's investment into natural gas. They also dive into this chipmaker's split. Finally, they break down this semiconductor's moves.
Persons: Cramer, Jim, Jeff
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