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☆ Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
▼ + stars: | 2024-04-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

However, he stressed that it's still too early for the Federal Reserve to start cutting rates. "So, do we finally have the beginning of the long-awaited slowdown with Prologis and J.B. Hunt? However, he did acknowledge that companies operating in economically sensitive industries such as J.B. Hunt and Prologis, in trucking and warehousing, respectively, did show less-than-ideal earnings results. Before a turn in trucking, there'll be cuts in trucking rates." Prologis and J.B. Hunt did not immediately respond to request for comment.

Persons: CNBC's Jim Cramer, Hunt, Cramer, it's, Jerome Powell Organizations: Federal Reserve, Fed

☆ Cramer's Lighting Round: Sell Aspen Aerogels
▼ + stars: | 2024-04-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon ConocoPhillips' year-to-date stock performance. Stock Chart Icon Stock chart icon Marvell Technology's year-to-date stock performance. Stock Chart Icon Stock chart icon Enovix's year-to-date stock performance. Stock Chart Icon Stock chart icon Aspen Aerogels' year-to-date stock performance. Stock Chart Icon Stock chart icon Vale's year-to-date stock performance.

Persons: I'm, Marvell, Lam, Let's, you've Organizations: ConocoPhillips, Pharmaceuticals, Marvell Technology, Lam Research, Aspen, PNC

☆ Jim Cramer is generally positive on major banks post-earnings
▼ + stars: | 2024-04-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Wednesday reviewed major banks' performance after the group released their reports en masse over the past several days. Cramer said he's pleased with earnings in the sector overall, even though some banks' shares slipped after their reports. Wells Fargo quarter "solid if unspectacular, " but asserted that "unspectacular" is fine. quarter "solid if unspectacular, but asserted that "unspectacular" is fine. quarter "solid enough."

Persons: CNBC's Jim Cramer, Cramer, he's, Wells, Goldman Sachs, Morgan Stanley, Morgan Stanley's Organizations: JPMorgan Chase, Citigroup, Bank of America, Wall Street Journal Locations: Wells Fargo

☆ Cramer explains what could cause the market to keep going down
▼ + stars: | 2024-04-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After the major indexes pulled back on Wednesday, CNBC's Jim Cramer explained what might cause the market to continue to decline. He also advised investors not to buy or sell all at once"If you want to get out, go ahead. But I would say that the time to sell was when the market was going parabolic," he said. But he said it may not be time to buy aggressively because the market is "not yet oversold given where we're coming from." He suggested that the market can tell you when a huge wave of selling is finally coming to an end.

Persons: CNBC's Jim Cramer, Wednesday's, Stocks, Cramer, they've Organizations: Big Tech, Nvidia, Apple, Meta, Microsoft, Federal Reserve

☆ Cramer's Lightning Round: Instead of Marathon Digital, buy Ethereum or Bitcoin
▼ + stars: | 2024-04-17 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Exxon Mobil's year-to-date stock performance. We don't like parabolic moves, that's a very good example." Stock Chart Icon Stock chart icon Marathon Digital's year-to-date stock performance. Marathon Digital : "If you want to own Marathon Digital, just go buy either Ethereum or buy Bitcoin, ok. Let's not fool around." Stock Chart Icon Stock chart icon NuScale Power's year-to-date stock performance.

Persons: NuScale Organizations: Exxon, Exxon Mobil Locations: Eaton

☆ Courtney Love thinks Taylor Swift is ‘not important’ and has some thoughts about Beyoncé, Lana Del Rey and Madonna, too
▼ + stars: | 2024-04-16 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Courtney Love has a new radio show about women in music, but she is not much of a fan of several of the biggest female artists of our time. But some contemporary artists, including Taylor Swift, are not to Love’s liking. “Taylor is not important,” Love said of Swift. “She might be a safe space for girls, and she’s probably the Madonna of now, but she’s not interesting as an artist.”Love used to be an admirer of Lana Del Rey’s music but that changed. “I haven’t liked Lana since she covered a John Denver song, and I think she should really take seven years off.” Love said.

Persons: CNN — Courtney Love, “ Courtney Love’s, Patti Smith, Nina Simone, PJ Harvey, Debbie Harry, Julie London, Joni Mitchell, Taylor Swift, “ Taylor, ” Love, Swift, she’s, ”, Lana Del Rey’s, Lana, John Denver, “, Madonna, ‘, Susan, ’ Organizations: CNN, BBC Radio, Spotify Locations: London, New York

☆ Trump Can Get a Fair Jury in Hush Money Case - The New York Times
▼ + stars: | 2024-04-15 | by ( Julie Blackman | ) www.nytimes.com time to read: +1 min

Granted, Mr. Trump is as high-profile and polarizing as a defendant can be. But the adversarial nature of the selection process and the remarkable can-do attitude that jurors so often display result in a fair jury almost always. For Mr. Trump, we’re about to find out. Jury selection is scheduled to begin Monday in the hush-money trial brought by Alvin Bragg, the Manhattan district attorney. He will become the first former president to go on trial on felony criminal charges.

Persons: Donald Trump, Trump, Alvin Bragg Organizations: By New York, Wall Street, Mr Locations: New York, By New, Manhattan

☆ How Spotify AI plans to know what's going on inside your head, and find the right track for it
▼ + stars: | 2024-04-14 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +7 min

Over the past decade or more, Spotify has been investing in AI and, in particular, in machine learning. Its recently launched AI DJ may be its biggest bet yet that technology will allow subscribers to better personalize listening sessions and discover new music. The AI DJ combines personalization technology, generative AI, and a dynamic AI voice, and listeners can tap the DJ button when they want to hear something new, and something less-directly-derived from their established likes. Behind the dulcet tones of an AI DJ there are people, tech experts and music experts, who aim to improve the recommendation capacity of Spotify's tools. A Spotify spokesperson said the generative AI tool allows the human experts to "scale their innate knowledge in ways never before possible."

Persons: Y, we've, they're, it's, Julie Knibbe, —, Knibbe, they've, Ben Ratliff, Ratliff Organizations: Spotify, Discover, Technology

☆ O.J. Simpson Trial Served as a Landmark Moment for Domestic Violence Awareness
▼ + stars: | 2024-04-13 | by ( Shaila Dewan | Julie Bosman | ) www.nytimes.com time to read: +1 min

In December 1994, investigators from the Los Angeles County prosecutor’s office drilled open a safe deposit box that had belonged to Nicole Brown Simpson. In it, they found Polaroids of her with a battered face and letters from O.J. Simpson apologizing for abusing her. “The message in the box was clear,” wrote Marcia Clark, the lead prosecutor in the bombshell trial of Mr. Simpson for Ms. Brown Simpson’s murder, in a book about the case. “It was kind of like America was learning about domestic violence all at once,” said Stephanie Love-Patterson, a consultant for Connections for Abused Women and Their Children, an organization in Chicago that provides support for victims of domestic violence.

Persons: Nicole Brown Simpson, Simpson, ”, Marcia Clark, Brown, ‘, Stephanie Love, Patterson Organizations: Los Locations: Los Angeles County, O.J, America, Chicago

☆ 'Chrisley Knows Best' star Todd Chrisley ordered to pay former Georgia revenue investigator $755,000 after defamation lawsuit loss, report says
▼ + stars: | 2024-04-13 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

His defamatory statements on social media and his podcast have cost him over $750,000. The "Chrisley Knows Best" star was incarcerated in 2022 on bank fraud and tax evasion charges. The 54-year-old Atlanta-based businessman and television personality, best known for appearing on the USA Network reality show "Chrisley Knows Best," has been ordered to pay $755,000 to a former Georgia Department of Revenue investigator for making defamatory statements against her. Todd previously starred in "Chrisley Knows Best" alongside family members, including wife Julie Chrisley. AdvertisementTodd Chrisley, Harvey Hughes, and Julie Chrisley in one of the last aired episodes of "Chrisley Knows Best."

Persons: Todd Chrisley, Chrisley, —, Amy Doherty, Heinze, Doherty, Todd, Julie Chrisley, Tommy Garcia, Leesa Guarnotta, Harvey Hughes Organizations: Department of Revenue, Service, USA Network, Georgia Department of, Los Angeles Times, People, Chrisley, Pensacola, USA, Getty, Georgia Department of Revenue, Georgia Department, Revenue's, Special Investigations, Business Locations: Atlanta, Georgia, Florida, Kentucky

☆ What the new Goldilocks job market means for you
▼ + stars: | 2024-04-13 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Business Insider looked at how components of the labor market have settled down, like wage growth. And that more boring but steady labor market could be great news for workers and job seekers. The US could be in a Goldilocks job market. Job switchers are seeing higher wage growth than people staying, according to the 12-month moving average of median wage growth from the Atlanta Fed's Wage Growth Tracker. So what will happen to the Goldilocks job market?

Persons: Nick Bunker, Bunker, —, That's, Julia Pollak, ZipRecruiter's, " Pollak, Pollak, Job, Julie Su, switchers, Eugenio Alemán, Raymond James, Juliana Kaplan Organizations: Service, North America, BLS Locations: Atlanta

☆ Delivery-Only Restaurants, Once Pandemic Successes, Face Uncertainty
▼ + stars: | 2024-04-12 | by ( Julie Creswell | ) www.nytimes.com time to read: 1 min

On a recent afternoon, the kitchen inside a Denny’s in the Jackson Heights neighborhood of Queens was bustling. Some orders were whisked away to customers sitting in booths, while others were boxed and set aside for pickup. The takeout orders were mostly from the Denny’s menu, but some were from the Burger Den and the Meltdown, two delivery-only brands that the chain owns. The strategy of maximizing kitchen resources blossomed during the Covid pandemic, when restrictions shut down indoor dining and customers ate more meals at home. As their kitchens sat idle, many restaurants across the country, desperate for revenue, switched to delivery mode.

Organizations: Employees, Burger Locations: Jackson, Queens

☆ Cramer's Lightning Round: Cummins is a buy
▼ + stars: | 2024-04-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Cummins' year-to-date stock performance. Cummins : "I like Cummins very much, I think it's terrific [buy, buy, buy!]." Stock Chart Icon Stock chart icon PNC's year-to-date stock performance. [Buy, buy, buy!]." Stock Chart Icon Stock chart icon NIO's year-to-date stock performance.

Persons: Wes Edens, Cummins, Jim Cramer's Organizations: New Fortress Energy, Abbott Laboratories, Abbott Labs, PNC Locations: New

☆ Jim Cramer says Wall Street's too cynical on Jerome Powell, Nvidia and Apple
▼ + stars: | 2024-04-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday said Wall Street should be less jaded, saying that to see gains, it is necessary to trust certain deserving market-moving figures. He specifically said he has faith in Federal Reserve Chair Jerome Powell, Nvidia 's Jensen Huang and Apple CEO Tim Cook, even as some on Wall Street have negative sentiments about these leaders. To Cramer, Powell is pragmatic and hasn't gotten the trust he deserves. Cramer added that he thinks Powell will be able to "fly the plane wherever it has to go." Cramer said he thinks Nvidia can work with many of these companies, who will also remain its clients.

Persons: CNBC's Jim Cramer, Jerome Powell, Nvidia, Jensen Huang, Tim Cook, who've, Cramer, Powell, hasn't, he's, Huang, Cook, Jay Powell Organizations: Apple, Nvidia, Big Tech, Bloomberg, Federal Reserve, CNBC

☆ Constellation Brands CEO explains sales weakness in wine and spirits: 'we spread ourselves a little too thin'
▼ + stars: | 2024-04-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Constellation Brands CEO Bill Newlands told CNBC's Jim Cramer on Thursday how the company plans to improve its wine and spirits division, which saw its net sales decline during the most recent quarter. "We're going to put a lot more focus on the critical brands, brands like the Prisoner, and Meiomi, and High West, and Mi Campo, as examples. Despite shortcomings with its wine and spirits business, the company's quarterly earnings report showed strength in beer sales. Newlands also expressed confidence in Sam Glaetzer, the new leader of Constellation Brands' wine and spirits business. Constellation Brands is seeing success and growth in its Pacifico Brand, Newlands added.

Persons: Bill Newlands, CNBC's Jim Cramer, Mi, We're, Newlands, Sam Glaetzer, Glaetzer, it's Organizations: Constellation, High, Constellation Brands, Modelo, Management, Pacifico Brand, Pacifico Locations: Corona, Pacifico, Newlands, California, Florida, New Jersey, West Coast

☆ Cramer says hot CPI data may not reflect the reality of inflation, citing recent trends in key categories
▼ + stars: | 2024-04-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer questioned whether the hotter-than-expected consumer price index data accurately represents the state of inflation, saying Wall Street's wave of Wednesday selling could have been a mistake. "These headline CPI numbers do not reflect reality as I see it." The Bureau of Labor Statistics CPI is a key inflation metric — a broad measure of the cost of goods and services across the economy. Cramer first pointed to the 0.9% month-over-month increase in the price of meat, poultry, fish and eggs, with the latter alone climbing 4.6%. "I'm not talking about the absolute numbers, I'm talking about the trendlines, because the trendlines suggest that selling in response to this report may have been and could be a mistake."

Persons: CNBC's Jim Cramer, Dow Jones, Cramer Organizations: Labor Statistics CPI, Cal, Maine Foods, U.S Locations: Texas

Ecuador was once famous for sheltering a man on the lam: For seven years it allowed WikiLeaks founder Julian Assange to hole up in its embassy in London, invoking an international treaty that makes diplomatic premises places of refuge. Then, last week, the South American nation appeared to tear that treaty to shreds, sending the police into the Mexican Embassy in Quito — over Mexico’s protests — where they arrested a former vice president accused of corruption. President Daniel Noboa of Ecuador defended the decision to detain the former vice president, Jorge Glas, calling him a criminal and citing the country’s growing security crisis to justify the move. But his critics said it one of the most egregious violations of the treaty since its creation in 1961. They saw a more personal motive: Mr. Noboa’s political agenda.

Persons: Julian Assange, Daniel Noboa, Jorge Glas Organizations: Quito — Locations: Ecuador, London, American, Mexican, Quito

☆ Cramer compares Warren Buffett and Elon Musk, says Wall Street has turned on Tesla CEO
▼ + stars: | 2024-04-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday discussed two of the most high-profile billionaires on Wall Street, Elon Musk and Warren Buffett. He said investors continually admire Buffett, but have turned on Musk with the sharp decline in Tesla 's share price. To Cramer, investors love Musk as long as Tesla's stock is performing well, saying they call him a "genius" and praise the company's electric vehicles. "With the downgrades and price target cuts, the long knives are really out for Musk," Cramer said. "They obviously never liked him, they only liked that Tesla's stock was a juggernaut."

Persons: CNBC's Jim Cramer, Elon Musk, Warren Buffett, Buffett, Tesla, that's, Cramer, Musk, carmakers, Cramer hasn't, he's, Berkshire Hathaway Organizations: Berkshire, CNBC

☆ Cramer's Lightning Round: Trade Desk is 'great'
▼ + stars: | 2024-04-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon MarineMax's year-to-date stock performance. Stock Chart Icon Stock chart icon Trade Desk's year-to-date stock performance. Trade Desk : "I think Trade Desk is great." Stock Chart Icon Stock chart icon Geron's year-to-date stock performance. Stock Chart Icon Stock chart icon Archer Aviation's year-to-date stock performance.

Persons: It's, Peabody Energy's, we've, Archer Aviation's, it's Organizations: Peabody Energy, Archer Aviation, Uranium Energy

☆ Cramer says stocks that pulled back Tuesday still 'have everything going for them'
▼ + stars: | 2024-04-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer reviewed Tuesday's market action, saying stocks that saw losses — like Nvidia and Eli Lilly — remain winners but had simply run too much. "The stocks that pulled back today have everything going for them, except that they've already run so much that they've become vulnerable," he said. Cramer used Nvidia , one of his favorite stocks, as an example. He also suggested tax season played a role in deciding Tuesday's winners and losers. "What a terrific time to take some profits of winning stocks to pay for the stocks' gains," Cramer said.

Persons: CNBC's Jim Cramer, Eli Lilly —, they've, Cramer, Tuesday's, Gaudi, Blackwell, Eli Lilly, he'd, you've Organizations: Nvidia, Intel Locations: Germany

☆ CEO explains why E.l.f Beauty launched an app for Apple's Vision Pro
▼ + stars: | 2024-04-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

E.l.f Beauty CEO Tarang Amin told CNBC's Jim Cramer on Tuesday why his company launched an app on Apple 's new virtual reality headset, the Vision Pro, saying it's important to try new things. "So, the Apple Vision Pro is a continuation of — we're going to constantly test and learn on new frontiers and delight our community." According to Amin, a lot of E.l.f Beauty's success is because it is not "not dependent on any one platform, or any one way of going to market." But Wall Street worried about the state of the industry last week after Ulta Beauty's CEO Dave Kimball warned that demand for beauty products was slowing at a Wednesday conference hosted by JPMorgan . "We see the same thing at Ulta as we see with other customers: E.l.f is their most productive brand."

Persons: Tarang Amin, CNBC's Jim Cramer, Amin, Piper Sandler, E.l.f, Ulta, Dave Kimball, he's Organizations: Apple, Vision, Target, Walmart, JPMorgan

☆ Cramer's Lightning Round: Medtronic is a buy
▼ + stars: | 2024-04-09 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Medtronic's year-to-date stock performance. Medtronic : "I think that Medtronic is a buy...I like what they're doing in AI. Stock Chart Icon Stock chart icon Riley Exploration Permian's year-to-date stock performance. Stock Chart Icon Stock chart icon Wesco's year-to-date stock performance. Stock Chart Icon Stock chart icon Cleveland-Cliffs' year-to-date stock performance.

Persons: You've, Riley, it's Organizations: Riley, Cliffs Locations: Cleveland

Authorities found a former Ecuadorean vice president, Jorge Glas, in a “deep self-induced coma” in jail on Monday, just days after he was captured by the police in a dramatic arrest inside the Mexican embassy in Quito. Mr. Glas ingested anti-depressants and sedatives, according to a police report, and was being transferred to a military hospital for observation. The former vice president faces a charge of embezzlement in Ecuador, and he had sought refuge in the Mexican embassy in an attempt to avoid arrest. He became the subject of a diplomatic scuffle last week when police in Quito entered the embassy and successfully captured him, eventually transferring him to a detention center in the large port city of Guayaquil. A 1961 diplomatic treaty says that governments cannot enter foreign embassies without permission from the embassy’s host country, establishing a line that has been crossed only on rare occasions.

Persons: Jorge Glas, Glas Locations: Mexican, Quito, Ecuador, Guayaquil

☆ Cramer says the economy is strong, so 'don't hold your breath' for Fed rate cuts
▼ + stars: | 2024-04-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer reviewed last week's nonfarm payroll report and highlighted the thriving economy, telling investors not to expect imminent rate cuts from the Federal Reserve. Cramer also commented on what this report means for the state of the consumer, something always top of mind on Wall Street, as employment impacts consumer spending, he asserted. The report showed job growth in the leisure and hospitality industry, returning to pre-pandemic levels in February 2020. To Cramer, this means investors can worry less about a cash-strapped consumer, saying the data further indicates a roaring economy. "We have a robust economy, so I'm a lot less worried about this upcoming earnings season," Cramer said.

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

☆ Cramer's Lighting Round: Vertex Pharmaceuticals is 'terrific'
▼ + stars: | 2024-04-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Hawaiian Electric Industries' year-to-date stock performance. Stock Chart Icon Stock chart icon Excelerate Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Sibanye-Stillwater's year-to-date stock performance. Stock Chart Icon Stock chart icon Penumbra's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertex Pharmaceuticals' year-to-date stock performance.

Persons: Excelerate, I'd, it's, I've, ABT, Emerson Electric's, Jim Cramer's Organizations: Hawaiian Electric Industries, Excelerate, Abbott Labs, PEN, Emerson Electric, GM, Pharmaceuticals, Vertex Pharmaceuticals, CF Locations: Stillwater

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