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☆ Eli Lilly's rally on blowout Mounjaro sales signals a new leg higher for the stock
▼ + stars: | 2023-11-02 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

LLY YTD mountain Eli Lilly's year-to-date stock performance. Investors are understandably cheering the results, sending Eli Lilly shares higher by more than 4%. "Eli Lilly today is beginning its next leg of going up," Jim Cramer said during Thursday's Morning Meeting . The most important line item was Mounjaro sales, which cleared Wall Street's high bar. Excluding that divestiture and the $387 million in Covid antibody sales in the year-ago quarter, Eli Lilly's sales grew 24% on an annual basis — a highly respectable figure.

Persons: Eli Lilly, LLY, Mounjaro, it's, Eli Lilly's, Jim Cramer, Jim, It's, Novo's, Lilly, We're, Dave Ricks, Ricks, Trulicity, Anat Ashkenazi, Lilly —, Ashkenazi, Jim Cramer's, David Ricks, Eli Lilly Scott Mlyn Organizations: Drug Administration, FDA, Novo Nordisk, CNBC, Management, Dice Therapeutics, Therapeutics Locations: North, Concord , North Carolina, U.S, Indianapolis

☆ Caterpillar is upgraded on strong quarterly results — and a misguided sell-off
▼ + stars: | 2023-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

It's true the operating margin is expected to contract a bit from Tuesday's results. Latin America sales fell 31% due to lower sales volume that was only partially offset by higher prices. Higher prices also aided profitability, despite the dual headwinds of lower volumes and an unfavorable product mix. The adjusted operating profit margin for the fourth quarter is expected to be lower versus the third quarter result. All told, we believe the operating margin consensus on Wall Street needs an upward revision.

Persons: we've, James Umpleby, Umpleby, nonresidential, I've, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Caterpillar, Revenue, CAT, U.S, North, Energy, SG, Dealers, Guidance Management, CNBC, Peterson Locations: North America, America, Europe, Africa, Asia, China, San Leandro , California

☆ Could Apple be a casualty of the DOJ suit targeting Google?
▼ + stars: | 2023-10-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

The U.S. Department of Justice's case against Google Search went to trial last month , with the agency alleging Google unfairly used exclusive deals with mobile companies and browser firms to make its search engine the default for consumers. The Wall Street analyst estimated that Apple earns between $18 billion to $20 billion a year from Alphabet for making Google the default search engine on Apple products. Google has repeatedly rejected the DOJ's claims, arguing its search engine is simply a superior product relative to that of competitors. Google Search didn't become the dominant search engine because of a tie-in with Apple. AAPL YTD mountain Apple (AAPL) year-to-date performance When it comes to Apple, we have found that the best strategy for long-term investors like us is to block out the noise.

Persons: Apple, Bernstein, Toni Sacconaghi, John E, Bernstein's Sacconaghi, Sacconaghi, Jim Cramer's, Jim Cramer, Jim, Sundar Pichai, Tim Cook, Joe Biden, Anna Moneymaker Organizations: U.S . Department, Google, Apple, Wall, Big Tech, CNBC, White, Washington , D.C, Getty Locations: U.S, Washington ,

☆ Israel formally declares war as leaders vow to wipe out Hamas and take full control of Gaza
▼ + stars: | 2023-10-08 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

The Israeli government on Sunday formally declared war on the Palestinian militant group Hamas. Hamas controls the blockaded territory of Gaza, which is home to roughly 2 million people. AdvertisementAdvertisementThe Israeli government has formally declared war on Hamas, hours after the country's military began bombarding the Gaza Strip with a stated goal of eliminating the militant group and seizing full control of the Palestinian territory. Around 100 people, including women and children, are also believed to have been abducted and taken back to the Palestinian territory. The last major war between Israel and Hamas occurred in 2014, leaving 2,200 Gaza residents dead.

Persons: —, Benjamin Netanyahu, Israel, Richard Hech, Ariel Sharon Organizations: Sunday, Hamas, Service, Israel Defense Forces, CNN, Israel Locations: Gaza, Israel, Gaza City

Following Tuesday's trade, Jim Cramer's Charitable Trust will own 575 shares of ORCL, increasing its weighting in the portfolio to 2.17% from 1.91%. And given the market will likely soon be oversold, according to the S & P 500 Short Range Oscillator , we are looking to put our cash to work — and are buying shares of Oracle into weakness. Oracle stock pulled back earlier in the month after the company missed on quarterly revenue estimates and provided an outlook that failed to live up to lofty expectations. And in a market concerned about the impact of higher interest rates, we think buying some 'GARP-y' names on weakness makes sense. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Safra Catz, Mad, Catz, it's, Jim Cramer, Jim, Erik Isakson Organizations: Oracle, ORCL, Nvidia, Management, Jefferies, CNBC, DigitalVision, Getty

☆ Philadelphia's mayor says his fellow Democrats just voted for more people to die from drug overdoses. Experts say he's right.
▼ + stars: | 2023-09-20 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +8 min

People should not, generally, inject into their bodies a substance they bought with cash from a stranger on the street. And many will not resort to best practices, like using a clean needle, and contract diseases that require lifelong treatment. In 2019, the former president's Department of Justice sued to stop a Philadelphia-based nonprofit, Safehouse, from opening what would have been the country's first safe injection site, citing a federal law originally aimed at crack houses. AdvertisementAdvertisementBesides, Philadelphia, a city battling not just drug addiction but poverty and gun violence, is not about to open drug treatment resorts. Philadelphia Mayor Jim Kenney is one of the few public officials to explicitly endorse supervised injection sites.

Persons: Philadelphians, Scott Burris, Isaiah Thomas, Thomas, Mike Driscoll, Donald Trump, Biden, Nora Volkow, Ronda, Goldfein, —, Jim Kenney, Cherelle Parker, Kenney Organizations: Service, Center of Public Health, Research, Temple University, Philadelphia Inquirer, president's Department of Justice, National Institute on Drug, New York Times, of Pennsylvania, Walmart, Philadelphia, Democratic Locations: Philadelphia, Wall, Silicon, Kensington, Vancouver, Canada, Philadelphia's, New York City, Ronda Goldfein, Europe

☆ Biden to push for Ukraine aid, democracy as China and Russia skip UN General Assembly
▼ + stars: | 2023-09-18 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

Saul Loeb | AFP | Getty ImagesPresident Joe Biden will address the United Nations General Assembly on Tuesday, where he plans to promote democracy and advocate for increased support for Ukraine. Lula has argued the U.S. and other Western nations are prolonging the war with their defense support. This will be the first time Ukrainian President Volodymyr Zelenskyy has attended the U.N. summit in person since the war began. A "substantial section" of Biden's speech to the General Assembly on Tuesday will be devoted to the war in Ukraine, Sullivan said. U.S. support for Ukraine

Persons: Lloyd Austin, Alejandro Mayorkas, Joe Biden, Saul Loeb, Biden, it's, Jake Sullivan, Luiz Inácio Lula da Silva, Lula, Benjamin Netanyahu, Volodymyr Zelenskyy, Sullivan Organizations: Defense, . Homeland, Hurricane, White, Washington , D.C, AFP, Getty, United Nations General Assembly, Ukraine, House, . Security, Global, Israeli, General, United Nations Charter Locations: Maui, Hawaii, Washington ,, France, United Kingdom, China, Russia, United States, Brazil, Ukraine, U.S, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan

☆ The first of two major DOJ cases against Google goes to trial. Here's which suit worries us most
▼ + stars: | 2023-09-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Apple executives are expected to be called at the Google trial. Google has previously responded to the DOJ search antitrust suit. A few months ago, there was a belief that Microsoft's ChatGPT-infused Bing would usurp Google's search dominance. 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: Bing, Department's, Jim Cramer, Jim, Jeff Marks, Jim Cramer's, Sundar Pichai, Jonathan Kanter Organizations: Justice Department, Alphabet, Google, Washington , D.C, District of Columbia, Eastern, of, Union, Apple, Mozilla, Samsung, Verizon, DOJ, JPMorgan, TAC, Microsoft, chatbots, CNBC, US Department of Justice, Getty Locations: Washington ,, U.S, of Virginia, Google's

Tesla needs as many Nvidia chips as it can get, based on CEO Elon Musk recent comments on the company's quarterly earnings call. Tesla isn't the first to work on custom AI chips focused specifically on the company's bread and butter. And that's coming from the head of one of the most cutting-edge AI companies on the planet. Nvidia chips can be utilized by clients for many applications, making it easier for them to accelerate growth. The fresh Nvidia-Tesla conversation adds another layer to Oracle's report Monday, when viewed through the lens of Nvidia's AI leadership.

Persons: Tesla, Morgan Stanley, Morgan, Jim Cramer, Elon Musk, Musk, Sundar Pichai, Jim, Oracle, Jim Cramer's, Jensen Huang Organizations: Nvidia, Oracle, Broadcom, Google, NVIDIA, Citigroup, Oracle Cloud Infrastructure, Citi, Amazon Web Services, UBS, CNBC, Getty Locations: OCI, Taiwan

☆ What to expect when Google faces the DOJ in the first major tech monopoly trial in decades
▼ + stars: | 2023-09-11 | by ( Lauren Feiner | ) www.cnbc.com time to read: +13 min

While the trial marks the tech sector's first major anti-monopoly proceeding in decades, Google is squarely in the middle of its antitrust battles. What the trial is aboutA key focus of the trial will be on two kinds of agreements Google has made with other companies. "The cases have very compatible theories, and the core message from both is that Google's monopoly power has been abused, harming competition and hurting consumers," Weiser said. Walker wrote that the abundance of places where consumers can use online search shows that Google hasn't foreclosed competition. In addition to experts like economists, expect to see Google executives called to the stand, potentially including CEO Sundar Pichai.

Persons: Sundar Pichai, Jonathan Kanter, It's, it's, Google's, Microsoft's Bing, Phil Weiser, Weiser, Elijah McClain, Aaron Ontiveroz, Bing, Global Affairs Kent Walker, Walker, Rebecca Haw Allensworth, Bill Kovacic, Tim Cook, Joe Biden, Anna Moneymaker, Allensworth, conscientiously, What's, Google's Walker, Lee Hepner, Matt Schruers, Bard, OpenAI, Schruers Organizations: US Department of Justice, Getty, Department of Justice, Microsoft, DOJ, Google, of, Apple, Microsoft's, CNBC, Aurora, MediaNews, Denver, Global Affairs, Insider Intelligence, Amazon, Vanderbilt Law School, George Washington University Law School, FTC, White House, Mozilla, American Economic Liberties, Computer & Communications Industry Association Locations: U.S, Europe, Eastern, of Virginia, Colorado, Washington , DC

☆ Medicare wants to cut the price on an Eli Lilly drug. What it means for LLY shares
▼ + stars: | 2023-08-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Eli Lilly's revenue from Jardiance — which it markets alongside privately held German biotech firm Boehringer Ingelheim — is likely to suffer due to Medicare negotiations. Compared to those growth drivers, Jardiance is a minor character in the Eli Lilly investment story. However, the deceleration is not entirely due to likely lower realized prices from Medicare negotiations. Eli Lilly looks "relatively protected" from early Medicare negotiations, BMO's Seigmerman said. Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023.

Persons: Eli Lilly, Biden, Myers Squibb, Johnson, Eli Lilly's, —, Evan Seigerman, Seigerman, BMO's Seigmerman, Lilly, Jim Cramer's, Jim Cramer, Jim, AJ Mast Organizations: pharma, Myers, Club, Johnson, Medicare, donanemab, Bank of America, FactSet, Mounjaro, Merck, Constitution, Wall Street, Bristol Myers Squibb, BMO Capital, CNBC, Services, drugmakers, and Drug Administration, FDA, Trulicity, Bloomberg, Getty Locations: Bristol, U.S, Indianapolis , Indiana

☆ Warren Buffett at 93: All of the big moves from the still-active investing legend in the past year
▼ + stars: | 2023-08-30 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Before turning 93 on Wednesday, Warren Buffett made a number of astute moves in the past 12 months that helped push his conglomerate Berkshire Hathaway to an all-time high. Buying T-bills Buffett's massive cash hoard swelled to nearly $150 billion at the end of the second quarter. And the only question for next Monday is whether we will buy $10 billion in 3-month or 6-month" T-bills, Buffett told CNBC. Ramping up Japan bet Buffett recently hiked his stakes in five Japanese trading houses — Itochu , Marubeni , Mitsubishi , Mitsui and Sumitomo — to more than 8.5%. Occidental stake tops 25% Buffett also kept buying the dip in Occidental Petroleum , now owning a quarter of the oil giant.

Persons: Warren Buffett, Berkshire Hathaway, he's, Buffett, Treasurys, Chamath Palihapitiya, oilman Armand Hammer, NVR, Todd Combs, Ted Weschler, Benjamin Moore Organizations: Buffett, Berkshire, CNBC, Japan, Mitsubishi, Mitsui, Sumitomo, Social, Occidental, Occidental Petroleum, Clayton Homes, Berkshire Hathaway Energy Locations: Berkshire, Fitch's, U.S, Japan, Occidental, Horton

☆ Macy's warning of weak second-half demand hits retail sector shares
▼ + stars: | 2023-08-22 | by ( Savyata Mishra | ) www.reuters.com time to read: +2 min

Its cautious view also weighed on the retail sector shares, including Kohl's (KSS.N) and Nordstrom (JWN.N). In a clear sign that higher borrowing costs were straining customers, Macy's credit card revenue, which accounted for about 2% of the total revenue in the quarter, slumped 41%. Throughout the quarter, Macy's cleared excess stock after a move to convert its merchandise for the spring and summer hurt demand, leading to a slip in gross margin. Macy's reaffirmed its expectations for 2023 sales of $22.8 billion to $23.2 billion and adjusted full-year profit per share between $2.70 and $3.20. At $12.8, Macy's shares were set for their worst session since March last year.

Persons: Macy, Brendan McDermid, Adrian Mitchell, Paul Lejuez, Mitchell, Macy's, Jessica Ramirez, Jane Hali, Savyata Mishra, Arun Koyyur Organizations: REUTERS, Nordstrom, Citi, Target, Thomson Locations: New York , New York, U.S, Bengaluru

☆ What we want to see from retail sales and 3 Club earnings in the week ahead
▼ + stars: | 2023-08-12 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

State of the consumer: Retail sales for July are out on Tuesday. Key retail earnings reports from Walmart (WMT), Target (TGT) and Tapestry (TPR) will also provide clues on the health of the consumer. Earnings : On Wednesday morning, we hear from Club holding TJX Companies (TJX). Prior retail sales data has shown monthly sales growth at clothing and clothing accessory stores accelerate throughout the quarter, rising 0.14% monthly in April, 0.3% in May and 0.6% in June. For those looking to review first-quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.

Persons: We'll, Estee Lauder, we've, Palo, Cardinal Health, JD.com, Brinker, BILL, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Dow Jones, Investors, Walmart, TJX Companies, Palo Alto Networks, Embraer, Energy, Getty, Sea Ltd, Cardinal, Nu Holdings, Housing, ZIM, Food, Colgate, Palmolive, Cisco Systems, Chemical & Mining, Keysight Technologies, Ross Stores, Deere & Company, Alto Networks, Jim Cramer's Charitable, CNBC Locations: China, Dole, DOLE, Manhattan, New York City

☆ MLB roundup: Michael Lorenzen tosses no-hitter in home debut for Phillies
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +12 min

St. Louis received contributions throughout its lineup, with Nootbaar collecting two hits, an RBI and two runs scored. Mariners 6, Padres 1Cal Raleigh hit a tiebreaking two-run homer in the eighth inning as Seattle defeated visiting San Diego. Matt Vierling had three hits, scored two runs and drove in another. Joey Gallo hit a two-run homer and Correa added a solo shot for Minnesota, which will try to salvage the split on Thursday. At the plate, Ohtani went 0-for-2 with two walks (one intentional) and a run scored.

Persons: Rob Thomson, Michael Lorenzen, Bill Streicher, Lorenzen, Dominic Smith flied, Johan Rojas, Cole Hamels, David Peralta, Freddie Freeman, Jason Heyward, Bobby Miller, Kyle Nelson, Peralta, Freeman, Will Smith, Austin, Michael Harris, Carmen Mlodzinski, Ronald Acuna Jr, Ozzie Albies, Max Fried, Pierce Johnson, Raisel Iglesias, Bryan De La Cruz's, Josh Bell's, Jon Berti, Luis Arraez, Bell, Sam Moll, De La Cruz, Alexis Diaz, Tanner Scott, A.J Puk, David Robertson, Christian Encarnacion, Strand, Freddy Tarnok, Zack Gelof, Oakland's, Jonah, Jordan Montgomery, Esteury Ruiz, Jordan Diaz, Mark Canha, Justin Lawrence, William Contreras, Frelick groundout, Ezequiel Tovar's, Monasterio's grounder, Cole Tucker, Tovar, Canha bobbled, Profar, Bryse Wilson, Ryan McMahon, Kyle Tucker, Jose Altuve, Altuve, Alex Bregman, Cristian Javier, Austin Hays, Jeff McNeil, Pete Alonso, Justin Verlander, Alonso, Seiya Suzuki, Christopher Morel, Suzuki, Paul Goldsmith, Lars Nootbaar, Louis, Jordan Walker, Giovanny Gallegos, Jose Siri, Jalen Beeks, Kevin Kelly, Nootbaar, Kevin Gausman, George Springer, Springer, Vladimir Guerrero Jr, Kole Calhoun, Casas, Alex Verdugo, Nick Pivetta, MJ Melendez, Seattle's, Emerson Hancock, Yu Darvish, Oscar Colas, Elvis Andrus, Mike Clevinger, Luis Severino, Gleyber Torres, DJ LeMahieu, Spencer Torkelson, Matt Vierling, Miguel Cabrera, Zach McKinstry, Eric Haase, Alex Faedo, Tyler Holton, Joey Gallo, Correa, Bailey Ober, Ohtani, Mike Moustakas, Michael Conforto, Brandon Crawford's Organizations: Philadelphia Phillies, Washington Nationals, Citizens Bank, Wednesday, Detroit Tigers, Phillies, Chicago Cubs, NBC Sports Philadelphia, Dodgers, Diamondbacks, Braves, Pirates, Atlanta, Pittsburgh, Marlins, Reds, Miami, Cincinnati, Athletics, Rangers, Oakland, Brewers, Rockies, Milwaukee, The Brewers, Astros, Orioles, Houston, Baltimore, Mets, Cubs, New, Chicago, Houston Astros, Cardinals, Rays, Hudson, Tampa, Blue Jays, Toronto, Cleveland, Guardians, Red Sox, Royals, Boston, Kansas City, Mariners, Padres, Cal Raleigh, Seattle, San, Sox, Yankees, Twins, Detroit, Tigers, Minnesota, Giants, cramp, Thomson Locations: Philadelphia , Pennsylvania, USA, Angeles, Arizona, Phoenix, Texas, Colorado, Baltimore, New York, Tampa, St . Petersburg, Fla, Tampa Bay, San Diego, Toronto, Chicago, Minnesota, Los Angeles, San Francisco, Anaheim , Calif, Ohtani

☆ Promise around Eli Lilly's expected obesity drug, great earnings adds some $60 billion in market cap
▼ + stars: | 2023-08-08 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

(When excluding one-time divestment contributions and last year's Covid antibody revenue, Lilly's sales rose 22% on an annual basis.) Eli Lilly shares soared more than 16% to a new all-time high during Tuesday's session. LLY YTD mountain Eli Lilly's stock performance so far in 2023. Eli Lilly now expects adjusted earnings per share between $9.70 and $9.90, up significantly from the old guidance between $8.65 and $8.85. For its part, Eli Lilly is also studying Mounjaro's impact on other health outcomes including cardiovascular events.

Persons: Eli Lilly, Mounjaro, —, Jim Cramer's, Jim, Lilly's, Cheplapharm —, Lilly, Anat Ashkenazi, Ashkenazi, Eli Lilly's, Lilly Diabetes, Michael Mason, Mason, Verzenio, Trulicity, we've, David Ricks, Jim Cramer, Cristina Arias Organizations: Novo Nordisk, U.S, Amphastar Pharmaceuticals, Management, CNBC, Company, Pharmaceutical Locations: Indianapolis, North Carolina, U.S, Trulicity, Danish, Novo, Alcobendas, Madrid, Spain

☆ SpaceX aims to break a 56-year rocket record with back-to-back launches
▼ + stars: | 2023-07-27 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

SpaceX on Thursday night may break a record that's stood for over half a century, with back-to-back launches set to fly from Florida's Space Coast. ET for the launch of its Falcon 9 rocket from the Space Force's Space Launch Complex 40 (SLC-40), carrying Starlink satellites. SpaceX said the Falcon Heavy launch window opens at 11:04 p.m. SLD 45 noted in social media posts on Thursday that the pair of SpaceX launches may break a record set by the Gemini 11 mission in September 1966. That NASA mission used an Atlas-Agena D rocket and a modified Titan II rocket, which launched 1 hour, 37 minutes and 25 seconds apart.

Persons: Kennedy Organizations: SpaceX, Kennedy Space Center, Canaveral's, Falcon, U.S . Space Force, Gemini, NASA Locations: Cape Canaveral , Florida, U.S, Cape Canaveral

☆ J&J's strong quarter was amplified by new details around its big Kenvue consumer unit stake
▼ + stars: | 2023-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Johnson & Johnson (JNJ) reported strong second - quarter profit and revenue before the opening bell Thursday, with better-than-expected results both domestically and internationally, as well as across all major operating segments. It's possible that J & J management will offer up Kenvue shares at a discount to market value. Regardless, arbitrage isn't our game and we want to be invested in J & J for the long term. The only change — since J & J owns 89.6% of Kenvue — is that 10.4% of earnings generated since Kevnue went public in early May to the end of the quarter are no longer attributed to J & J. A Johnson & Johnson building is shown in Irvine, California.

Persons: Johnson, —, Kevnue, J, J's, prioritization, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Dow, Pharmaceutical, Management, J's, Johnson, J, Consumer, Consumer Health, Pharmaceutical Pharmaceutical, CNBC, & $ Locations: Kenvue, JNJ, KVUE, Spravato, Irvine , California

☆ Trump classified docs judge skeptical of push to delay trial past 2024 election
▼ + stars: | 2023-07-18 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Attorneys for former President Donald Trump Chris Kise (C) and Todd Blanche (R) arrive at The Alto Lee Adams Sr. United States Courthouse on July 18, 2023 in Fort Pierce, Florida. The judge presiding over Donald Trump 's federal criminal case appeared skeptical Tuesday of the former president's argument that the trial over his handling of classified documents should be delayed beyond the 2024 election, NBC News reported. Walt Nauta, personal aide to former U.S. President Donald Trump, exits Fort Pierce U.S. courthouse after a hearing in Fort Pierce, Florida, July 18, 2023. Trump faces 37 criminal counts related to his alleged mishandling of classified documents after leaving the White House. But on Monday, Cannon told the parties to be prepared to discuss their proposals for when the trial should start.

Persons: Donald Trump Chris Kise, Todd Blanche, Lee Adams Sr, Walt Nauta, Trump, NBC's Ken Dilanian, Cannon, Aileen Cannon, Donald Trump, Jay Bratt, Bratt, David Harbagh, Joe Biden Organizations: United, Republican, NBC, Department, NBC News, Fort, Trump, White, FBI, DOJ Locations: Fort Pierce , Florida, Fort Pierce U.S, Mar

☆ These are the 3 key things that will impact the stock market in the week ahead
▼ + stars: | 2023-07-15 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

A lot was riding on these important measures of inflation after the scorching-hot ADP jobs report last week. Here are 3 things you need to know for the week ahead: 1. Industrial production and capacity utilization, also out Tuesday, shines a light on manufacturing, which attributes about 12% to U.S. GDP. Six months is generally considered to represent a balance between supply and demand in the housing market. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Morgan Stanley, Johnson, Jeff Miller, Lockheed Martin, Charles Schwab, JB Hunt, Goldman, Baker Hughes, Ally, Kinder Morgan, Zions, Philip Morris, Abbott, ABT, Jim Cramer's, Jim Cramer, Jim, Scott Olson Organizations: Nasdaq, Dow Jones Industrial, Housing, CPI, Halliburton, HAL, Johnson, of America Corp, Lockheed, Lockheed Martin Corp, Novartis International AG, PNC Financial Services Group, Inc, PNC, Charles Schwab Corp, Bank of New York Mellon Corporation, BK, Synchrony, Interactive, Goldman Sachs Group, U.S . Bancorp, ASML, Citizens Financial, T Bank Corp, Northern Trust Corporation, Horizon National Corp, Business Machines Corp, IBM, United Airlines, Netflix, Steel Dynamics, Alcoa, Discover Financial Services, Crown, International Corp, Equifax Inc, Las Vegas Sands Corp, Liberty Energy Inc, Philip Morris International Inc, Taiwan Semiconductor Manufacturing Company, American Airlines Group Inc, Travelers Companies, SAP, Nokia Corp, Truist Financial Corporation, Company, McLennan Companies, Infosys Technologies Ltd, Newmont Mining Corp, Fifth Third Bancorp, Pool Corporation, Alfa Laval, Webster Financial Corp, Blackstone, Financial Corp, PPG Industries, CSX Corp, CSX, Berkley Corp, Swift Transportation Holdings Inc, American Express Co, AutoNation Inc, Interpublic, of Companies, Autoliv Inc, Huntington Bancshares, Financial Corporation, Roper Technologies, Comerica, Jim Cramer's Charitable, CNBC, Getty Locations: U.S, Las, ZION, Horton, Freeport, Marsh, ALFVY, W.R, Lemont , Illinois

☆ Major business group slams disclosure rules as House Republicans probe ESG investing
▼ + stars: | 2023-07-10 | by ( Emily Wilkins | ) www.cnbc.com time to read: +2 min

WASHINGTON – As Republicans in the House dig in to investigate environmental, social and governance, or ESG, investing, a major industry group that represents thousands of companies is urging them to make reforms. The letter is addressed to committee Chairman Rep. Patrick McHenry, R-N.C., and ranking member Rep. Maxine Waters, D-Calif. The letter underscores the business muscle behind the GOP's battle against policies that back ESG investing. ESG investing has become a heated policy battleground. Progressive Democratic lawmakers have pushed back, arguing that considering ESG makes investors more aware of potential risks and opportunities.

Persons: Patrick McHenry, Maxine Waters, David Marcus, Facebook’s Calibra, McHenry, ESG Organizations: Financial, Consumers, Investors, American, WASHINGTON –, National Association of Manufacturers, Financial Services Committee, SEC, CNBC, NAM, Johnson, Exxon Mobil, Pfizer, Progressive Democratic Locations: Washington , U.S, R

☆ CEOs do matter when picking stocks. 5 things we look for in a leader and examples from our portfolio
▼ + stars: | 2023-06-21 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +16 min

It's not unusual for a company's stock price to soar — or sink — on news of a CEO shakeup. So, CEOs matter when picking stocks — and at the Club, these are the five things we look for when evaluating the leaders of our holdings. A stock's day-to-day and even month-to-month performance may not truly reflect how well a CEO is leading a company. Trust has value, and the stocks of companies led by reputable CEOs with competent management teams can trade at premium valuations. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Mary Dillon, Locker, J im Cramer, buybacks, Rainer Blair, —, Kevin Johnson, Marc Benioff, Mark Zuckerberg, Zuckerberg, we've, Bruce Broussard, Humana, Jeff Smith's, Craig Jelinek, who's, that's, Jelinek, it'd, Andy Jassy, Tim Cook, he's, Cook, Jim Cramer's, Dan Schulman, Sanjiv Lamba, Linde, Lamba, Eli Lilly, Dave Ricks, Eli Lilly's, Jim, Lilly, Jim Farley, Farley, Elon Musk's Tesla, Ford, LLY, Jim Cramer, Spencer Platt Organizations: Club, McKinsey & Co, Natural Resources, GE Life Sciences, SVB Securities, Starbucks, Humana, Bain & Co, Costco, CNBC, Apple, Amazon's, Football, MGM, Management, PayPal, Linde, LIN, Ford Motor, Wall, EV, Ford, The New York Stock Exchange, Financial, Getty Locations: U.S, Manhattan, New York City

☆ Top 10 things to watch in the stock market Tuesday
▼ + stars: | 2023-06-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

It's a new week but the recent stock market rally makes for a not-so-great set up as Jim Cramer told the Investing Club Monday evening in his weekly column. Jim and "Mad Money" are in Detroit for all things Ford (F) with CEO Jim Farley, covering everything from Ford Blue to Ford Pro to Ford Model e (electric vehicles). Bank of America adds Club stock Amazon (AMZN) to its US 1 list. 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.

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WASHINGTON, May 28 (Reuters) - U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. The deal, if approved, will prevent the U.S. government from defaulting on its debt and comes after weeks of heated negotiations between Biden and House Republicans. "I strongly urge both chambers to pass that agreement," Biden said, adding that he expected McCarthy to have the necessary votes for the deal to pass. The deal has drawn fire from hardline Republicans and progressive Democrats, but Biden and McCarthy are banking on getting enough votes from both sides. McCarthy dismissed threats of opposition within his own party, saying "over 95%" of House Republicans were "overwhelmingly excited" about the deal.

With the end of another earnings season in sight, Wall Street's attention has turned to Washington and the debt ceiling deadline. Republican negotiators on Friday walked out of talks on raising the debt limit , abruptly ending a positive week of discussions that appeared to be leading toward a deal. Democrats and the White House have been pushing for a "clean" hike to the debt limit that would push the next deadline past the 2024 presidential election, while Republicans are pressing for spending cuts. Many investors believe this ongoing game of chicken over the debt limit is largely for show, since the U.S. has never defaulted on its debt obligations. U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) and other congressional leaders in the Oval Office at the White House in Washington, U.S., May 9, 2023.

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