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One Club stock standout Wednesday was off-price retailer TJX after the T.J. Maxx, Marshalls and HomeGoods owner's solid quarter. The recent action in the Club stock has us wondering if a big buyer is lurking out there. 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, Ralph Lauren, Jim Cramer's, Jim Organizations: CNBC, Federal, Club, Marshalls, Nvidia, Moderna, Tech, Enphase Energy, Corp, BJ's Wholesale, Jim Cramer's Charitable Locations: Maxx
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. U.S. stock futures ticked higher on Sunday night, after the Dow Jones Industrial Average closed above the key 40,000 level for the first time ever on Friday. S&P 500 futures and Nasdaq 100 futures were also marginally higher. The S&P 500 inched 0.1% higher Friday, while the Nasdaq Composite slipped by less than 0.1%. Palo Alto Networks , AutoZone , Target , Analog Devices , Intuit and Ralph Lauren will post their results in the upcoming days.
Persons: Tom Lee, Lee, Ralph Lauren Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow, Fundstrat Global Advisors, Microsoft, Technology, Palo Alto Networks, Devices, Intuit, Federal, Wednesday Locations: New York City . U.S, Palo
Wealthy Americans are starting to spend more carefully
  + stars: | 2024-05-19 | by ( Bryan Mena | ) edition.cnn.com   time to read: +7 min
A robust stock market coupled with rising home values have boosted Americans’ wealth from 2019 through 2022, according to a Federal Reserve report on household finances. There’s been some evidence of wealthy Americans growing cautious in the latest round of company earnings results. Federal Reserve officials Michael Barr, Christopher Waller, Philip Jefferson and Raphael Bostic deliver remarks. Federal Reserve officials Christopher Waller, John Williams, Raphael Bostic, Michael Barr, Loretta Mester and Susan Collins deliver remarks. The Federal Reserve release minutes from its May policymaking meeting.
Persons: they’ve, , ” Nanette Abuhoff Jacobson, There’s, ” Jonathan Akeroyd, Moet, The Beverly Hilton, Michael Kovac, LVMH Moët Hennessy Louis Vuitton, , Jacobson, ’ Ariel Barnes, Barnes, ” Barnes, Baby Boomer, Xers, Matt Egan, Read, Michael Barr, Christopher Waller, Philip Jefferson, Raphael Bostic, John Williams, Loretta Mester, Susan Collins, Robin, Ralph Lauren, Booz Allen Hamilton, Buckle Organizations: CNN Business, Bell, Washington CNN, Federal, Fed, Hartford Funds, CNN, Burberry, The Beverly, The Beverly Hilton Hotel, Walmart, Royal Caribbean Cruises, Jackson State University, Federal Reserve Bank of New, Palo Alto Networks, Urban Outfitters, NVIDIA, National Statistics, National Association of Realtors, Reserve, Intuit, US Labor Department, Chicago Fed, Global, US Commerce Department, Atlanta Fed, Booz, University of Michigan Locations: Washington, British, Americas, Beverly Hills , California, Jackson , Mississippi, Federal Reserve Bank of New York, Palo, Ross, Burlington
All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. And the data has been mostly good, with 78% reporting a positive earnings surprise and 60% delivering a positive sales surprise. But we will get earnings from three portfolio companies, including one of our two "own, don't trade" stocks. In the week ahead, three portfolio companies will report results, while it will be fairly slow for economic data, except for a couple of housing reports. Earnings : After a week without earnings from any Club stocks, we'll get three this coming week.
Persons: Dow Jones, Dow, we'll, TJX, Blackwell, Li Auto, James Hardie, Ralph Lauren Corporation, Booz Allen, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Justin Sullivan Organizations: Wall, Federal Reserve, Dow, Nasdaq, CPI, Palo Alto Networks, Palo, TJX Companies, Nvidia, Nexxen, Alto Networks, Video Communications, Trip.com, James Hardie Industries N.V, Nordson Corp, Keysight Technologies, ZIM Integrated Shipping Services, Lowe's Companies, Eagle Materials, Toll, ViaSat, Urban Outfitters, Target Corp, Devices, Dorian LPG, Dycom, Golden Ocean Group, Petco, Wellness Company, Sonoma, WSM, VF Corp, Star Bulk Carriers Corp, LiveRamp Holdings, Chemical & Mining Co, Grupo Supervielle S.A, BJ's Wholesale, Technologies, TD Bank Group, Intuit, Ross Stores, Booz Allen Hamilton Holding, Mesa Laboratories, Jim Cramer's Charitable, CNBC, Intelligence, SAP Center Locations: Palo Alto, Williams, Chile, San Jose , California
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. Market wrap: It's day two of muted action in the market, which was trading in a tight range on a light news day to close out the week. 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, we're, OpenAI, Deere, Ralph Lauren, Jim Cramer's, Jim Organizations: CNBC, Tech, Devices, Broadcom, Nvidia, Microsoft, Palo Alto Networks, Palo, Walmart, TJX, Target, Williams, Coterra Energy, Jim Cramer's Charitable Locations: Palo Alto, Sonoma, Truist
"Lots to love next week, but, look, for many it's really just going to be about Nvidia," he said. Cramer said he's expecting a solid quarter from Macy's on Tuesday and that Lowes 's report that day should be well-received. Wednesday after the bell brings a report from Nvidia, which Cramer suggested is "perhaps the most important earnings report of the year." He noted that the company's last quarter was good, adding that the upcoming quarter could be more of the same. Cramer said he expects Deckers to have solid earnings as its running shoe brand, Hoka, continues to gain traction.
Persons: CNBC's Jim Cramer, Cramer, he's, Lowes, Ralph Lauren Organizations: Nvidia, Palo Alto Networks, Devices, Target, Williams, Walmart, V.F, Corp, Intuit, Ross Stores Locations: Macy's, Sonoma, Snowflake
The S & P 500 broke above 5,300, also for the first time. The S & P 500 has notched record close after record close in 2024. This quarter, the top-performing S & P 500 sector is utilities, higher by 9%, followed by communication services, up by 4%. The S & P 500 and Nasdaq Composite each closed out a fourth straight week of gains. Sustaining all-time highs Nvidia's earnings will also be a key catalyst at a time when technicians are watching to see whether stocks can sustain the record levels they reached this week.
Persons: what's, they're, Jay Woods, hadn't, Piper Sandler's Harsh Kumar, Kumar, Jensen Huang, Blackwell, Zachary Hill, Chris Zaccarelli, Zaccarelli, Woods, Katie Stockton, Stockton, TJX Cos, Raymond James Thursday, Ralph Lauren Friday, Nick Wells Organizations: Nvidia, Federal Reserve, Dow Jones, Freedom Capital, Dow, Nasdaq, Independent, Alto Networks, Devices, Target, Chicago, PMI, New, . Kansas City Fed, Intuit Locations: Stockton, . Kansas
A renaissance in Western styles can boost stocks that specialize in denim, according to TD Cowen. While positive on stocks across the space, he specifically pointed to Boot Barn , Levi Strauss and Ralph Lauren as key plays on the trend. Playing the denim revival For clothing makers Levi Strauss and Ralph Lauren, Chen sees reasons to be bullish beyond just a Western resurgence. Both stocks have outperformed the market in 2024, with Ralph Lauren adding around 16% and Levi Strauss surging about 36%. Boot Barn surpassed Wall Street consensus forecasts for earnings and revenue in its fiscal fourth quarter , the company reported Tuesday.
Persons: TD Cowen, Oliver Chen, jean, Levi Strauss, Ralph Lauren, Chen, , Louis, Taylor Swift's, Beyoncé's, Carter, Ralph Lauren's, James Conroy, Conroy, LSEG Organizations: Louis Vuitton, Department Locations: Americana, California
CNN —Many adults heard the phrase “Robux” for the first time last holiday season when the virtual currency of gaming platform Roblox landed on the top of most wish lists. And it will have to prove to Wall Street there’s more growth up ahead. In its fourth quarter of 2023, Roblox revenue was $750 million, up 30% year-over-year – but had a net loss of $323.7 million. Like Fortnite, Roblox is also moving ahead with a“payout to creators” business model. “It’s clear that [Roblox] intends to go after younger gamers in 2024 and 2025,” Ward said.
Persons: , Roblox, Matilda Beinat, Lindsey Nicholson, UCG, David Baszucki, Ralph Lauren, Mike Proulx, Forrester, , ” Proulx, Michael Nagle, ” Beinat, Lewis Ward, ” Ward, Ward Organizations: CNN, Investors, ABI Research, , Gaming Center, Costco, Brookhaven RP, Nike, Walmart, New York Stock Exchange, Bloomberg, Getty, Apple’s, IDC, Disney, Pixar, Marvel, Star Wars Locations: Asia, Roblox, New York, Fortnite
Here are six luxury brands that have opened restaurants around the world. Gotham/GC Images/Getty ImagesCoachIn March, Coach opened its first-ever restaurant, called The Coach Restaurant, in Jakarta, Indonesia. The brand opened a second location in Tokyo in 2021, in its seven-story flagship in Ginza. Dior also has the Mediterranean restaurant Dior des Lices in Saint Tropez. At its Paris flagship, the French luxury fashion house has La Pâtisserie Dior and the restaurant Monsieur Dior.
Persons: , Ralph Lauren, Ralph Lauren's, Z, Osmud Rahman, Rahman, what's, Jessica Chastain, Louis Vuitton, Café, Ginza . Louis Vuitton, Arnaud Donckele, Maxime Frédéric, Dior Dior, Dior, Monsieur Dior, Anne, Sophie Pic, Dominique Maître, Gucci Gucci, Gucci Osteria, Massimo Bottura, Tiffany, Daniel Boulud Organizations: Service, Business, Toronto Metropolitan University's School of Fashion, Canadian, Globe, Michigan, Polo, Polo Bar, New, New York, Ginza . Louis, Louis, Dior, Kansai International Airport, Dior des Lices, Paris, Michelin, Penske Media, Getty, Tiffany, Co, South, Harrods Locations: Chicago, millennials, New York City, York, Miami , Virginia, New York, Milan, Paris, Chengdu, China, Midtown, Jakarta, Indonesia, Jakarta's Grand, Osaka, Japan, Tokyo, Ginza ., Saint Tropez, Bangkok, Thailand, Europe, US, Asia, Seoul, Miami, Florence, Italy, Italian, Beverly Hills, The Florence, Tiffany, South Coast, Costa Mesa , California, London
TikTok is sponsoring the Met Gala this year, and CEO Shou Chew is expected to be there. The "ban or divest" law was just passed 2 weeks ago, and TikTok plans to fight it in court. Related storiesIt just so happens that TikTok is a main sponsor for this year's Met Gala, so that's why Chew is expected to be there. AdvertisementThe Met Gala is a beloved, fun event with a highbrow sheen. It will be interesting to see if the images of Chew from Monday's gala will affect the public's current understanding of him and TikTok.
Persons: TikTok, Shou Chew, Chew, , Jennifer Lopez, Rihanna, Shou Chew —, Jeff Bezos, Lauren Sanchez, Adam Mosseri, Elon Musk, Mark Zuckerberg, Ralph Lauren Organizations: Service, The New York Times Locations: Monday's
For even more discounts, check out our roundup of the best Best Buy deals and the best Mother's Day sales. Amazon sale quicklinks Amazon Echo : Get up to 50% off select Echo speakers. Amazon Fire : Get up to 40% off select Fire TV streaming devices. : Get up to 40% off select Fire TV streaming devices. Shop at AmazonThis is just a small sample of this weekend's top Amazon sale picks.
Persons: I've, Ralph Lauren, De'Longhi, Siri, It's Organizations: Business, Walmart, Apple, Echo, Sporting, Amazon Apple, Apple Health, Amazon Bose, Google, Amazon Fire
Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection.
Persons: Ralph Lauren, Kerry Washington, Jessica Chastain, Morgan Spector, Hannah Einbinder, Mies, der, Nnamdi Asomugha, Glenn Close, Kevin Tachman, Ralph Lauren Hannah Einbinder, Zach Hilty, Ralph Lauren Jodie Turner, Smith, Ralph Lauren The, , , ” Lauren, Polo, , Christy Turlington, Isidore Montag, Ralph Lauren Ralph Lauren Fall, Cowboy Carter ” –, Lauren, glitz, ” “, Rebecca Hall, Lauren’s Organizations: CNN, Polo, Washington Locations: New York City, Madison, Manhattan
Tuesday's analyst calls focused on red-hot tech giant Nvidia, which is seen as benefitting from the release of its new Blackwell chip, the GB200. 7:02 a.m.: Deutsche Bank sees 33% upside for Live Nation on strong fundamentals Strong fundamentals could spell further upside for shares of Live Nation Entertainment , according to Deutsche Bank. Soff also applauded the company for expanding into new add-on services, including providing upselling opportunities and selling advertising on the Live Nation app. Although a potential regulatory investigation could curtail the stock, Soff doesn't believe that Live Nation stock will ultimately take much damage. 6:03 a.m.: Jefferies initiates Ralph Lauren at a buy, sees momentum with younger consumers Ralph Lauren is shaping up to be a quality growth stock, according to Jefferies.
Persons: Blackwell, Jefferies, Ralph Lauren, Benjamin Soff's, Soff, shouldn't, — Lisa Kailai Han, Airbnb, James Lee, Lee's, headwinds, Brent Thrill, Ashley Helgans, Ralph Lauren's, Helgans, Taylor Swift, Timothy Acuri, Acuri, Hopper, — Lisa Kailai Han — CNBC's Michael Bloom Organizations: CNBC, Nvidia, UBS, Deutsche Bank, Nation, Live Nation Entertainment, Mizuho, Paris, tailwinds, Paris Olympics, Chegg, Blackwell, Microsoft, Oracle Locations: Europe
Bank of America reiterates Tesla as buy Bank of America said it's standing by its buy rating on the electric-vehicle maker. "We maintain our Buy rating and raise our PT from $1100 to $1,150." "We are initiating coverage of Live Nation with a Buy rating and $120 price target." "We are initiating coverage on EE with an Overweight rating." "We are initiating coverage of Integral Ad Science with a Buy rating and a $15 price target."
Persons: Tesla, TSLA, Morgan Stanley, Oppenheimer, Raymond James, Mizuho, Airbnb, Coinbase, Needham, Stephens, Jefferies, Ralph Lauren, Chegg Organizations: Argus, Boeing, " Bank of America, Bank of America, UBS, Nvidia, Dyne, JPMorgan, Catalyst Watch, Apple, Mizuho, Citi, BTC, Ethereum, Paramount, CBS, Deutsche Bank, Deutsche, Excelerate Energy, Stephens, Barclays, UMB, Corp, Contineum Locations: Base, Kansas City
DeSanto accessorized the dress with colorful Swarovski crystal jewelry by Tarina Tarantino, including a blue butterfly statement necklace. Columbia Pictures/Everett CollectionDecades later, the dress has become a beloved artifact for nostalgic rom-com fans and modern fashion enthusiasts alike. “(Garner) put it on, we got her all dolled up, she went to dance, and we moved on,” she said. DeSanto also credits director Gary Winick, who died in 2011, for the film’s fashion sense. As DeSanto points out, “13 Going on 30” is a story about a young woman coming into herself — and how, more than anything, it’s important just to be yourself.
Persons: , Jenna Rink, Gilson nightgown, baguette, Susie DeSanto, Jennifer Garner, Miu Miu, Prada, Ralph Lauren, Roberto Cavalli, Versace, ” DeSanto, “ I’d, Giovanni Giannoni, Jenna, partygoers, Michael Jackson’s, — Versace, DeSanto, Tarina Tarantino, Tarantino, Marc Jacobs’s, — she’s, , “ It’s, Betsey Johnson tutus, Christa B, Allen, Ariana Grande, wasn’t, weren’t, , Garner, Stella McCartney, Alberta Ferretti, Mark Ruffalo, Jen, we’re, I’ve, Gary Winick, Gary, ” Winick, Mark Ruffalo’s Organizations: CNN, Fairchild, Penske Media, Columbia Pictures, Everett Locations: Manhattan, lockstep, Barney’s, Italy, Etsy, Alberta, , New York
That's what it's all about, really," Wang said. In May 2021, Wang told CNBC that her work has allowed her "to really have a very full life." "I think work has been my whole life and it's kept me honestly relevant, fascinated, passionate, frightened, worried and stressed," she said. Wang is part of a list of celebrities and CEOs who have been vocal about their decisions to continue working even as they get older. About one-third of Americans over 40 also say they would continue working even if they have no financial need, per a 2019 TD Ameritrade survey.
Persons: , Vera Wang, Warren Buffett, Queen Elizabeth II, I'm, Wang, Ralph Lauren, it's, Jay Leno, Clint Eastwood, Eastwood, Buffett, Ron Olson, Greg Abel, Warren, Greg, Olson, Roy Cohen, BI's Jane Ridley Organizations: Service, Business, Vogue, Carlyle, CNBC, Independent, Fortune, Berkshire Hathaway, Pew Research, Workers Locations: New York City, Berkshire
In his candid, plain-spoken and gripping new memoir, “Knife: Meditations After an Attempted Murder,” Rushdie describes what happened next. That is long enough, Rushdie points out, to read one of Shakespeare’s sonnets, including his favorite, No. And there’s a wound on the left side of my mouth, and there was one along my hairline too. That was the cruelest blow, and it was a deep wound. A doctor says, “You’re lucky that the man who attacked you had no idea how to kill a man with a knife.”
Persons: ” Rushdie, Rushdie, reeks, , , Ralph Lauren
TMTG stock has plunged 53% from its intraday peak two weeks ago, slashing Trump's net worth. AdvertisementDonald Trump has crashed out of the ranks of the world's 500 wealthiest people after the value of his meme stock nosedived. The former president has fallen off the Bloomberg Billionaires Index as his net worth has dropped below the $5.8 billion required to make the cut. AdvertisementTMTG shares hit an intraday high of $79 on March 26, valuing Trump's stake at close to $6.3 billion. That's still more than 1,200 times the $4.1 million of revenue it earned last year, which fueled a net loss of $58 million for Truth Social's parent company.
Persons: Donald Trump, , Forbes, Trump, George Soros, Mark Cuban, Giorgio Armani, Reed Hastings, Bernie Marcus, Ralph Lauren, TMTG Organizations: Service, Bloomberg, Trump Media & Technology, TMTG, Paramount, Etsy, Hasbro, American Airlines Locations: Monday's
8 billionaires who have the best style
  + stars: | 2024-03-29 | by ( Amanda Krause | ) www.businessinsider.com   time to read: +1 min
In fact, fashion is a key to success for billionaires like Kim Kardashian and Ralph Lauren. Other wealthy names, including Julia Koch and LeBron James, also have standout styles. Look no further than Kim Kardashian and Ralph Lauren. Style is the basis of their careers, one of their biggest passions, and ultimately, a key to their financial successes. But there are also people like Julia Koch and LeBron James.
Persons: Kim Kardashian, Ralph Lauren, Julia Koch, LeBron James, , they're, Fashion Organizations: Service, Business
Meme-stock fans have boosted Trump Media & Technology Group stock by nearly 80% this week. Truth Social's parent company is now valued at over $13 billion on a fully diluted basis. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMeme-stock mania has boosted the value of Trump Media & Technology Group beyond Etsy, Hasbro, and Paramount Global — three S&P 500 companies worth nearly $8 billion each. Truth Social's parent company completed a SPAC merger on Monday, and began trading under the ticker DJT on Tuesday.
Persons: Ralph Lauren, Campbell Soup, Organizations: Trump Media & Technology Group, American Airlines, Service, Trump Media & Technology, Hasbro, Paramount Global, Business
Disappointing sales outlooks from Lululemon and Nike prompted CNBC's Jim Cramer on Friday to wonder whether the big athletic apparel makers are ceding ground to lower-priced competitors. "Nike, Lulu — are these companies that are just charging too much when others are coming underneath them with good product? Shares of Lululemon tanked more than 16% Friday after issuing light current-quarter and full-year guidance after the closing bell Thursday. The company's finance chief said weaker U.S. traffic and a challenging consumer environment has led to the "broad-based" slowdown. Lululemon's earnings report and outlook was "surprising," Cramer said, considering the Vancouver, Canada-based firm has been viewed as a "high-growth company."
Persons: CNBC's Jim Cramer, Lulu —, Cramer, LULU, Ralph Lauren Organizations: Nike, Management Locations: Vancouver, Canada
The following month, 10 men were indicted in Oklahoma, charged with conspiracy to commit wire fraud for allegedly operating a refund fraud service named Artemis Refund Group. A thriving refund fraud marketFor every refund fraud service shut down by law enforcement, swarms of similar groups remain open for business. CNBC viewed several active refund fraud services on encrypted messaging app Telegram, each with thousands of followers. Zoom In Icon Arrows pointing outwards A Google form from an active refund fraud service explaining which stores it targets and how much it charges customers. Zoom In Icon Arrows pointing outwards A refund fraud service claims to have access to Amazon insiders in a Telegram post.
Persons: Stephanie Keith, Noah Page, Page, he'd, Ralph, , Rick Owens, Sajed Al, Ralph Lauren, Uber, Maarej, Chris Black, Amazon, Al, they'd, Rekk, Cyril Noel, Tagoe, Noel, Louis Vuitton, scammers, Reddit, Brittany Allen, Allen, Remi Vaughn, Vaughn, she's, David Johnston, Johnston Organizations: Bloomberg, Getty, CNBC, National Retail Federation, Appriss, Amazon, Page, Riverside Press, Medianews, PayPal, Retailers, Artemis, Walmart, Apple, Nike, eBay, Saks Fifth, DoorDash, Google, MacBook, Mail, UPS, U.S . Postal Service, Al, Rekk, Gucci Locations: New York, Chattanooga , Tennessee, Reddit, TikTok, Eastvale, Michigan, Oklahoma, Chattanooga
In short, it's safe to say that if you're looking for the best chinos for men, Bonobos has the pair you want. We named Bonobos the best overall in our guide to the best chinos for men — and for good reason. Between the two fits, I personally like the skinny pair more because it fits my body type better. The author in the original Skinny Stretch Chinos. A solid pair of chinos like Bonobos will sharpen your look when worn with whatever you already own.
Persons: Bonobos, , Slim, Chinos, David Slotnick, Amir Ismael, I've, Ralph Lauren, chinos, I'm Organizations: Business, Clarks, Rec Locations: Chino, Bonobos
CNBC's Jim Cramer on Monday reminded investors there are many reasons to be optimistic about the current market, explaining why some companies beat Wall Street's expectations and are now seeing gains. Cramer named Domino's Pizza , whose Monday earnings beat propelled its stock, closing up 5.85%. Impressed by the chain's success despite an inflated economy, Cramer said the stock jumped because many investors didn't give Domino's the benefit of the doubt. CEO Nikesh Arora insisted Palo Alto's lowered guidance was due to a changing business model, not a lack of demand for its cybersecurity products. "These moves are all signs that are emblematic, not of a bubble, but of companies doing much better than expected," Cramer said.
Persons: CNBC's Jim Cramer, Cramer, didn't, Monday's, Nikesh Arora, Palo, Ralph Lauren, they're Organizations: Palo Alto Networks, Walmart
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