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Marilyn Lands, a Democrat, won a special election Tuesday for a State House seat in Alabama after campaigning on access to abortion and in vitro fertilization, underscoring the continued political potency of reproductive rights. Ms. Lands defeated her Republican opponent, Teddy Powell, by about 25 percentage points — an extraordinary margin in a swing district where she lost by seven points in 2022. The special election was called when David Cole, the Republican who had held the seat, resigned and pleaded guilty to voter fraud. “Today, Alabama women and families sent a clear message that will be heard in Montgomery and across the nation,” Ms. Lands, a licensed counselor, said Tuesday night. And last month, the Alabama Supreme Court ruled that frozen embryos were people with rights — upending I.V.F.
Persons: Marilyn Lands, Teddy Powell, David Cole, , Roe, Wade, — upending, Kay Ivey, Powell, Heather Williams, ” Ms, Williams, Biden’s, Donald J, Trump, Mr, Julie Chavez Rodriguez Organizations: Democrat, House, Lands, Republican, Republicans, Alabama Legislature, Democratic Legislative, Committee, Locations: Alabama, Montgomery,
CNBC's Jim Cramer on Wednesday celebrated results from CNBC's most recent Delivering Alpha Stock Survey, in which a majority of investors predicted the market had run too high and that a pullback is on the horizon. He told investors to welcome a decline and to raise some cash to buy quality stocks at lower prices. "I think people are right to expect a pullback here," Cramer said. While it's wise to raise some cash to prepare for a pullback, Cramer also suggested riding out some of the turbulence. When investors are always trying to avoid the next pullback, they may end up missing the next rally, he said.
Persons: CNBC's Jim Cramer, Cramer, he's Organizations: Alpha Stock Survey, Nvidia
Stock Chart Icon Stock chart icon Archer Aviation's year-to-date stock performance. Archer Aviation : "I can't recommend that stock because it just has no earnings power...There's so many good stocks right now, we don't need that." Stock Chart Icon Stock chart icon Robinhood's year-to-date stock performance. Stock Chart Icon Stock chart icon Cummins' year-to-date stock performance. Stock Chart Icon Stock chart icon Crown Castle's year-to-date stock performance.
Persons: Archer Aviation's, Cummins Organizations: Archer Aviation, Greyhound, Cummins
Norfolk Southern CEO Alan Shaw denounced Ancora Holdings, the activist investor currently engaged in a proxy fight with the railroad company's board, during an interview with CNBC's Jim Cramer on Wednesday. "We've gone to the activist, and we've offered a settlement — their responses have been unreasonable at the determination of our board," he said. Norfolk Southern faced criticism over the past year after one of its freight trains derailed in East Palestine, Ohio in February 2023 and released toxic chemicals into the soil, water and air. Based in Cleveland, Ohio, 90 minutes from East Palestine, Ancora challenged Norfolk Southern in February, aiming to add eight directors to the board and oust Shaw as CEO. "We enhanced safety, we're making it right in East Palestine," Shaw said.
Persons: Alan Shaw, Ancora, CNBC's Jim Cramer, We've, we've, Shaw, he's Organizations: Norfolk Southern, Ancora Holdings, Norfolk, Regulators Locations: East Palestine , Ohio, Cleveland , Ohio, East Palestine, Norfolk
CNBC's Jim Cramer on Tuesday told investors the market has breadth, with many winners other than the tech mega caps. He reviewed the top dozen stocks in the S&P 500 year to date, saying there are companies from a variety of sectors seeing huge gains. "When you look at all of the groups that are winning here, how can you not like this market?" Cramer asked. "And like it much more, more importantly, if it goes lower, which at this moment would be very much a gift so you can do some buying at better prices."
Persons: CNBC's Jim Cramer, Cramer
In an interview with CNBC's Jim Cramer, BlackRock CEO Larry Fink expressed optimism about the next generation despite a looming retirement crisis. "I am bullish on these young people," Fink said. But Fink stressed the seriousness of the retirement crisis, echoing sentiments he wrote about in his annual letter to BlackRock shareholders. "No other force can lift more people from poverty or improve quality of life quite like capitalism," Fink wrote in his letter. Fink said investing is an essential part of helping people save enough money to live well when they stop working.
Persons: CNBC's Jim Cramer, Larry Fink, " Fink, Fink Organizations: BlackRock Locations: U.S
Cramer's Lightning Round: Huntington Ingalls is a winner
  + stars: | 2024-03-26 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon State Street's year-to-date stock performance. Stock Chart Icon Stock chart icon Visa's year-to-date stock performance. Stock Chart Icon Stock chart icon Huntington Ingalls' year-to-date stock performance. Stock Chart Icon Stock chart icon Chart Industries' year-to-date stock performance. Stock Chart Icon Stock chart icon AECOM's year-to-date stock performance.
Persons: Morgan Stanley, Huntington Ingalls, I've, It's, We're, Jim Cramer's Organizations: Visa, Industries Locations: Wells Fargo
CNBC's Jim Cramer on Monday told investors he thinks the government's antitrust lawsuits against prominent names in Big Tech — Apple , Alphabet 's Google and Amazon — aren't justified. "Honestly, I wish the White House would just admit the truth: They want to make the biggest businesses less powerful," he said. The DOJ also alleged Apple has a "smartphone monopoly" that makes it difficult and pricey for consumers and developers to venture outside the Apple ecosystem. If they annihilate Google, I guess we'll take our queries to Claude 3," Cramer said. "And if they get [Apple CEO] Tim Cook, maybe for the first time, someone will want a Nokia smartphone."
Persons: CNBC's Jim Cramer, Alphabet's, Apple, Cramer, Claude, Tim Cook Organizations: Big Tech, Federal, Amazon, The, Justice, Alphabet's Google, DOJ, Google, Apple, Nokia, FTC
CNBC's Jim Cramer gave investors his take on the valuation of Astera Labs , a company that went public last week and sells data center connectivity chips to cloud and artificial intelligence outfits. To Cramer, the stock debuted too hot and is more expensive than it should be at this point. "While Astera Labs has a good story — and it is good, I think it'd be worth owning at some price — I think it's way too expensive at this price," he said. Last week, Wall Street was buzzing about Reddit 's long-awaited initial public offering, but Cramer found Astera Labs to be intriguing. However, Cramer said he felt positive about some aspects of the business, saying if Astera Labs can keep putting up sales growth, it's headed in the right direction.
Persons: CNBC's Jim Cramer, Cramer, it's, Astera Organizations: Astera Labs, Broadcom, Labs
Cramer's Lighting Round: Becton Dickinson is a buy
  + stars: | 2024-03-25 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon Energy Transfer's year-to-date stock performance. Stock Chart Icon Stock chart icon KKR's year-to-date stock performance. Stock Chart Icon Stock chart icon Becton Dickinson'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 E.l.f.
Persons: Stock's, Becton, Becton Dickinson, it's, Wes Edens, let's Organizations: Energy, KKR, Rio, Tinto, New Fortress Energy, California Resources, Constellation Energy Locations: California, Beauty's
CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending. The company could prove to be a significant windfall for Trump, Cramer said, who is facing hefty legal bills. Tuesday brings earnings from GameStop , and Cramer said he's expecting poor results. Cintas and Carnival report on Wednesday, and Cramer said he's optimistic about the former, but called the latter "a wild card." Cramer said he would like to hear Wentworth explain how he plans to return Walgreens to growth.
Persons: CNBC's Jim Cramer, Cramer, Donald Trump —, he's, McCormick, — Hormel, Mills —, Kimberly, Clark, Tim Wentworth, Wentworth Organizations: Walgreens, Trump Media, Corp, Trump, GameStop, Walgreens Boots Alliance, Federal Reserve
Block CFO Amrita Ahuja on Friday told CNBC's Jim Cramer that the company's Cash App payment services are doing well with the younger generation of consumers. The Cash App card, a free Visa debit card, is especially popular with young people, Ahuja said. She explained how Cash App is able to reach the younger generation, citing a families program that allows adults to sponsor accounts for teenagers. Cash App, which brought in a large chunk of the company's revenue last quarter, has a variety of payment offerings and also lets users buy stocks and bitcoin. Ahuja discussed integrating Afterpay services within Cash App, saying it's "an incredible opportunity to bring commerce into Cash App."
Persons: Amrita Ahuja, CNBC's Jim Cramer, Ahuja, Block, Jim Organizations: Cash
Cramer's Lighting Round: Arm is a buy
  + stars: | 2024-03-22 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon Raymond James Financial's year-to-date stock performance. Stock Chart Icon Stock chart icon Arm's year-to-date stock performance. Arm : "I like Arm very much [buy, buy, buy!]." Stock Chart Icon Stock chart icon Unity Software's year-to-date stock performance. Stock Chart Icon Stock chart icon Teva's year-to-date stock performance.
Persons: Raymond James Financial's, Raymond James Financial, it's, let's, Jim Whitehurst, Whitehurst, I've, Comstock, Electric's, I'm, Lilly, SoundHound, Jim Cramer's Organizations: JPMorgan, Unity Software, Comstock Resources, General, Novo, Novo Nordisk Locations: Teva
He’ll also use the trip to highlight early organizing efforts in these two states that the campaign believes will be “core” to electoral victory. Biden will launch the campaign’s “Latinos con Biden-Harris” organizing initiative when he visits South Phoenix, Arizona, Tuesday evening, campaign officials said. And the vast majority of Arizonans support abortion access, as well,” Dan Kanninen, the Biden campaign’s battleground states director, said. Biden’s western swingAt a first stop in the Reno, Nevada, area, Biden will meet with local leaders and campaign volunteers in Washoe County. To that end, Biden has proposed $258 billion in housing investments in the budget he submitted to Congress earlier this month.
Persons: Joe Biden, Donald Trump, He’ll, Biden, Harris ”, , Dan Kanninen, Trump’s, ” Kanninen, Kanninen, MAGA, ” Julie Chavez Rodriguez, Kamala Harris, Chavez, ” Biden, White, , Gene Sperling, Harris Organizations: Las Vegas CNN, Democratic, Biden, Fox, Trump, Republican Party, Republicans, GOP, Union, Democrats ’, Las Vegas, Income Housing Coalition Locations: Nevada, Arizona, South Phoenix , Arizona, Georgia , Michigan, Pennsylvania, Wisconsin, New Hampshire, North Carolina, Reno , Nevada, Washoe County, Las, president’s State, Phoenix, Mexican, America, Dallas, Houston , Texas
CNBC's Jim Cramer on Monday said he believes Nvidia will revolutionize enterprise. "The sum of all that Nvidia's doing will indeed create the next industrial revolution, because Nvidia's about the speed with which we can arrive at smarter, better answers," he said after attending the company's conference in San Francisco. Cramer reaffirmed his belief that the company is worth its $2.2 trillion valuation. To Cramer, Nvidia's market value isn't as apparent as tech peers like Microsoft , Alphabet or Amazon , which offer services that are clearly seen as valuable by consumers. But Nvidia is enterprise-oriented, he said, which makes the company "a behind-the-scenes kind of story."
Persons: CNBC's Jim Cramer, Cramer, Jensen, Huang Organizations: Nvidia Locations: San Francisco
Cramer's Lightning Round: Datadog is a 'dynamite company'
  + stars: | 2024-03-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Marvell Technology's year-to-date stock performance. Stock Chart Icon Stock chart icon Datadog's year-to-date stock performance. Stock Chart Icon Stock chart icon Altimmune's year-to-date stock performance. Stock Chart Icon Stock chart icon Lantheus' year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance.
Persons: Marvell, Centrus, it's, Eli Lilly, Lantheus, they've, Jim Cramer's Organizations: Marvell Technology, Centrus, GE
CrowdStrike CEO George Kurtz told CNBC's Jim Cramer why the cybersecurity company is partnering with Nvidia , saying his company can offer more advanced and cost-effective services by making use of the semiconductor giant's artificial intelligence technology. "We've got the data, they've got the power and the software." Kurtz compared AI to an engine and data to oil, saying his company has data "in spades," collecting trillions of data signals and threat events per day. Cyber criminals are growing more capable, Kurtz stressed, saying they've democratized attacks for the "cyber crime masses." This means unskilled attackers are now able to access and use advanced technology even if they don't understand it, he said.
Persons: George Kurtz, CNBC's Jim Cramer, Kurtz, We've, they've, Morpheus, CrowdStrike, Huang, Jensen Organizations: Nvidia
Harris was nearby in Minnesota, making what is believed to be the first visit of a sitting president or vice president to a clinic that provides abortion services. “Big crowds in Fort Pierce, Florida, for the Biden induced Witch Hunt against his political opponent, ME!,” Trump said on his Truth Social platform. The president has been barnstorming key swing states since delivering a combative State of the Union address a week ago. The vice president, the first woman in her position, spoke frankly about the medical care provided at clinics like the one she visited. “I will never do anything that will jeopardize or hurt Social Security or Medicare,” Trump told the right-wing news outlet during a sitdown at Mar-a-Lago.
Persons: Joe Biden, Kamala Harris, , Donald Trump, Biden, Harris, Jack Smith, Aileen Cannon, Witch Hunt, ” Trump, Trump, Chuck Schumer, Benjamin Netanyahu, Israel “, , Netanyahu, Gaza –, Harris’s, ” Harris, Julie Chavez Rodriguez, Roe, Wade, they’ll, Breitbart, , we’re, pounced Organizations: CNN, Midwest, Trump, Democratic, Biden, White House, New York Democrat, MSNBC, Social Security, GOP, Security, CNBC Locations: Florida, Wisconsin, Michigan, Gaza, Minnesota, stoke, Fort Pierce , Florida, Palestinian American, Chicago, Pennsylvania, Georgia, New Hampshire, . Michigan, Saginaw County, Israel, Israel’s, Rafah, Minnesota’s Twin, Colorado, Arizona, Mar
CNBC's Jim Cramer said he felt drawn to the stock market when he was in the fourth grade. His father gave him a rudimentary explanation of the market, comparing the way investors studied stocks' performance to how sports fans studied that of players. Cramer was eager to start trying to track stocks and figure out which ones would go higher, so he began keeping a ledger with various company names. Cramer's childhood stock market "obsession" convinced him that it's never too early to start training young investors. "Get them started early, and they may play for life because, alas, the stock market, it's a long-term contest," he said.
Persons: CNBC's Jim Cramer, Curiosity's, Cramer, it's Organizations: Philadelphia Bulletin Locations: Vietnam
CNBC's Jim Cramer said saving is the most important thing for investors, no matter how much they are making or what stage of life they're in. "I want you to save no matter what the excuse. As a teenager, Cramer opened an account with Fidelity's Magellan fund, which he said was one of the best-performing mutual funds of its time. He began saving money he made as an ice cream vendor at a stadium in Philadelphia. But he didn't save much in college, with his work-study pay going towards tuition and room and board.
Persons: CNBC's Jim Cramer, Cramer, Fidelity's Magellan, Jack Daniels Organizations: Tallahassee Democrat, Los Angeles Herald Examiner, Fidelity Magellan Fund Locations: Philadelphia
CNBC's Jim Cramer advised beginner investors on how to successfully begin picking individual stocks. Stock picking is not simple and requires substantial research, he said, stressing that it's essential not to shoot blindly. Go small, invest in what you know, research intensely," Cramer said. So, he poured through stock research magazines, reading any information about oil stocks he could find. He compared individual stock picking to horse betting, saying investors shouldn't bet "willy-nilly on every horse in each race," but search for thoroughbreds and try to bet big on instances where a payoff seems likely.
Persons: CNBC's Jim Cramer, Cramer, shouldn't, willy, nilly
CNBC's Jim Cramer told investors his key strategies for making successful trades, saying it's most important to start small, have a clear plan of action and only make intentional moves. "If you're trying to trade, make sure you have a catalyst, an exit point where something's supposed to happen, and then get out of the stock even if the idea doesn't pan out," he said. "Because you're trading, not investing." He said he knows he doesn't usually teach home-gaming investors how to make trades. Cramer recalled a big mistake he made in the beginning of his investing career: putting too much money to work at once and losing big.
Persons: CNBC's Jim Cramer, doesn't, Cramer
CNBC's Jim Cramer began his professional investing career at Goldman Sachs. "From my early days at Goldman Sachs, I learned the core principles of investing, finding solid ideas to build a diversified portfolio to create long-term wealth in a way that suits the customer," he said. At Goldman, Cramer handled nondiscretionary accounts, meaning he worked on commission and needed clients' approval to invest their money in stocks he deemed worthwhile. In this role, he discovered the importance of being able to clearly articulate investing ideas before making any moves. "At Goldman, I learned something that, to this day, can't be understood by so many professionals in this business: Individuals can and do beat the market quite regularly."
Persons: CNBC's Jim Cramer, Goldman Sachs, Goldman, Cramer, It's, they've Organizations: Goldman
WASHINGTON (AP) — Jack Lobel is a college sophomore who will be voting in his first presidential election this fall, casting a ballot for Joe Biden. “If age were really a concern we would not see this much energy around these groups," said Lobel, an urban studies major in New York. “President Biden comes before midterms and exams and papers,” Lobel said, only half-joking. The groups' affinity for the president is little surprise given that young people tend to be more left-leaning than many other voting blocs. Still, it may soften the blow of many voters' concerns about Biden's age.
Persons: Jack Lobel, Joe Biden, isn't, Lobel, , Biden, ” Lobel, Donald Trump, Trump, he's, “ Young, Biden’s, Julie Chavez Rodriguez, Jr, , gaffes, Barack Obama, Aalayah, ” Eastmound Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, The Associated Press, Tomorrow, NextGen PAC, Newtown Action Alliance, America, Young Democrats of America , College Democrats of America, Democratic Youth Coalition, Grassroots Dems, High School Democrats, Biden, Trump, Republicans, PAC, Parkland, Team Locations: New York, Florida
The sum, which was shared first with NBC News, is a record for Biden's re-election effort, the campaign said. The money flowed in via approximately 116,000 donations from 113,000 contributors, a senior Biden campaign adviser said. Biden's campaign proper had $56 million in the bank at the end of January, the most recent period covered by public campaign finance filings, while the DNC had $24 million. Biden's campaign said its $10 million post-State of the Union total came amid other highs in the past week. "We thank our grassroots supporters who are motivated more than ever to reelect President Biden and Vice President Harris.
Persons: Joe Biden, Joe Biden's, Donald Trump, Biden, Trump, that's, Julie Chavez Rodriguez, Harris, Chavez Rodriguez Organizations: Chamber, U.S, Capitol, Washington , D.C, NBC News, Biden's, Democratic National Committee, Biden, Trump, Republican National Committee Locations: Washington ,, President's
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