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☆ Here’s our Monthly Meeting rapid-fire update on all 35 stocks in the Club’s portfolio
▼ + stars: | 2023-06-14 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +14 min

Here's a rapid-fire update on all 35 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. In fact, he named Disney as the best Club stock to gift to a young grandchild. CEO Jim Farley's focus on only making profitable cars and trucks will be put to the test in the current quarter. 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's, Jim, Apple's, there's, Bausch, Estee Lauder, Fabrizio Freda, Berenberg, he's, Jim Farley's, Ford, Locker, Foot Locker's, Mary Dillon's, Patience, we're, Vimal Kapur, Johnson, J, Eli Lilly, Eli Lilly's, Mark Zuckerberg, Morgan Stanley, We're, James Gorman, enabler, aren't, Scott Sheffield, Coterra, PXD, Jim said, Stanley Black, Decker, TJ Maxx, Wells Fargo, Charlie Scharf's, Scharf, Wells, Wynn, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Devices, AMD, Nvidia, Amazon Web Services, Bausch Health, Caterpillar, Costco Wholesale, Costco, Humana, Coterra Energy, Disney, Emerson, Emerson Electric, National Instruments, Ford, Management, GE Healthcare, Halliburton, HAL, Honeywell, Johnson, Linde, LIN, Meta, underwriters, Cava, Microsoft, Palo Alto Networks, Natural Resources, Procter & Gamble, Constellation Brands, Modelo Especial, U.S, TJX, Marshalls, Home Goods, Wynn Resorts, WYNN, Starbucks, Las, Jim Cramer's Charitable Locations: Asia, China, California, Mounjaro, Palo, Wells, Las Vegas, Macao

☆ Scalpel, Forceps, Bone Drill: Modern Medicine in Ancient Rome
▼ + stars: | 2023-06-13 | by ( Franz Lidz | ) www.nytimes.com time to read: +1 min

Poets especially ridiculed surgeons for being greedy, for taking sexual advantage of patients and, above all, for incompetence. In his “Natural History,” Pliny the Elder, the admiral and scholar who died in 79 A.D. while trying to rescue desperate villagers fleeing the debris of Mt. “Physicians gain experience at our peril and conduct their experiments by means of our deaths,” he wrote. Scalpels, needles, tweezers, probes, hooks, chisels and drills are as much part of today’s standard medical tool kit as they were during Rome’s imperial era. Alongside were the remains of a man presumed to have been a Roman citizen.

Persons: Pliny the Elder, ” Organizations: Physicians Locations: Rome, Hungary, Jászberény, Budapest, Roman

☆ 'We are not greedy,' Cramer says, urging market discipline
▼ + stars: | 2023-06-12 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. 'We are not greedy' Take Nvidia profits Watch AMD 1. But we are not greedy," Jim said. 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 .

Persons: Jim Cramer, Street's, Jim, they're, you've, Jim Cramer's Organizations: CNBC, Nvidia, AMD, Nasdaq, Reserve, Palo Alto Networks, Devices

☆ Tucker Carlson's first Twitter show went big on UFOs and Ukraine war conspiracy theories. Musk must know that spells disaster.
▼ + stars: | 2023-06-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Tucker Carlson's Twitter show finally made its debut. This may be problematic for Elon Musk if advertisers and users find the content crosses a line. The first episode of Tucker Carlson's Twitter show is finally here and it's exactly as you'd expect it to be: a meandering, uninterrupted monologue on Ukraine war conspiracies, 9/11, and UFOs. Carlson's debut will do little to dispel the sense that Twitter under Elon Musk has become a merry-go-round of conspiracies and extreme speech. Musk also tweeted Carlson's first episode not with a congratulatory note, but instead by extending an invitation to others to launch their own programs.

Persons: Tucker, Elon Musk, Tucker Carlson's, Carlson, Jeffrey Epstein, You've, Ritchie Torres, Pekka Kallioniemi, tweeting, Anne Applebaum, It's, Musk, Carlson's, Linda Yaccarino Organizations: Twitter, Morning, Tucker Carlson's Twitter, Fox News, herder, Elon, Democrat, Fox, The New York Times, NBC Locations: Ukraine, Tajikistan

☆ Cramer says it's still a bull market, but trim a few tech stocks and profit while you can
▼ + stars: | 2023-06-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer told investors on Monday to trim their tech stock and enjoy some of the fruits of their labor while they still can. "Unless you're terminally greedy or totally brain-dead, you take some profits while you have them," Cramer said. But make no mistake: Cramer believes his "Magnificent Seven," or the seven tech stocks that have dominated the market this year, Apple , Meta , Tesla , Nvidia , Alphabet , Amazon and Nvidia , will continue to be successful. And according to Cramer, the success Nvidia has found with generative artificial intelligence is far from over. But even though it's been a strong month and we are still in a bull market, Cramer said he sees the market heading for weakness in June after the Federal Reserve's meeting next week.

Persons: CNBC's Jim Cramer, Cramer, it's, — Organizations: Apple, Nvidia, Federal Reserve, Federal Locations: Brazil, Philippines, Indonesia, India

☆ The market may be primed for the Dow to lead with the debt ceiling resolved, Jim Cramer says
▼ + stars: | 2023-06-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer explained that last week's debt ceiling resolution may have paved the way for a Dow resurgence, even though the index closed lower by about 200 points Monday. "With the default fears off the table, maybe this is a market where the once mighty Dow can actually lead again," Cramer said. In looking at a more Dow-focused market, Cramer highlighted several stocks that roared on Friday, including technology company 3M and construction manufacturer Caterpillar . Cramer believes Caterpillar is largely misunderstood by Wall Street, and traders treat it as an old-fashioned cyclical stock. To Cramer, however, Caterpillar was successfully diversified by CEO Jim Umpleby into a business less reliant on the global economy.

Persons: CNBC's Jim Cramer, Dow, Cramer, Tesla, Cramer's, week's Dow, Wall, Jim Umpleby Organizations: Nasdaq, Reserve, Dow, Caterpillar, 3M Locations: Monday's, China

☆ 'It's darkest before dawn': The global head of portfolio construction at a $311 billion firm explains why investors who haven't pivoted from defense to offense could be giving up big returns — and bre
▼ + stars: | 2023-06-02 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

In the face of an impending downturn, investors have been flocking to defensive assets. Maybe the most important pivot is actually going to be the pivot in portfolios from defense to offense," Hetts told Insider in a recent interview. According to Hetts, investors who don't have an appropriate allocation to offensive assets risk not being exposed to the market's upside when it rebounds. In fact, Hetts actually believes that the rotation to offensive assets may come sooner than investors imagine. Balancing defensive and offensive investmentsIn the case of a lasting bear market, Hetts expects a drop in earnings growth.

Persons: Adam Hetts, aren't, Hetts, Janus Henderson, we're, Warren Buffet Organizations: Janus, Janus Henderson Investors

☆ Cramer says the money's in tech this year, tread carefully when it comes to any other sector
▼ + stars: | 2023-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

The safest spot for your money right now is tech -- otherwise, tread carefully. "That's the defining feature of this market, because if you stray from a small portion of the tech complex, you're gonna be destroyed." The industries seeing losses on the market right now include energy, utilities, healthcare, real estate, consumer staples, materials, industrials and even banks, especially regional ones. Real estate is being badly burned as remote work persists, with office building owners like Boston Properties and Alexandria Real Estate seeing huge losses. To Cramer, tech is only immune to this widespread turmoil because of the boon that is generative AI.

Persons: CNBC's Jim Cramer, Cramer, Leidos, GPT Organizations: Moderna, CVS, Boston Properties, CNBC, Club Charitable Trust, Nvidia Locations: Real, Alexandria

☆ Norway faces backlash from campaigners for 'reckless' pursuit of Arctic oil and gas
▼ + stars: | 2023-05-22 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Norway oil and gas giant Equinor and Vår Energi, one of the country's largest exploration and production companies, confirmed to CNBC that the minister recently issued this call. Frode Pleym Head of Greenpeace NorwayIt is estimated that roughly two-thirds of the country's undiscovered oil resources lies off the country's northern coast in the Arctic's Barents Sea. The alternative to oil and gas is not more oil and gas, it is more energy efficiency and renewable energy." A spokesperson for Equinor told CNBC that the company hoped to see "new attractive acreage in the Barents Sea." Separately, a mid-April study from gas infrastructure operator Gassco said building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to the country stepping up its gas exports to Europe.

As doubts grow about the strength of its economic recovery, foreign money has left China's markets and the currency has fallen 4% against the dollar since late January. Analysts at Nomura and Societe Generale say the yuan could soon head for 7.3, which as last plumbed in November. Reflecting that, the trade-weighted CFETS basket against which the People's Bank of China (PBOC) manages the currency, has dropped to 99 from 100 in February. THE CHEAP CURRENCYBecky Liu, head of China macro strategy at Standard Chartered Bank, expects the yuan will continue to depreciate. "The interest rate gap remains wide, so many hedge funds continue to use yuan as a funding currency," Liu said.

☆ Ripple CEO says more crypto firms may leave U.S. due to 'confusing' rules
▼ + stars: | 2023-05-18 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

watch now"Confusing" regulations in the U.S. will push more crypto companies to leave the U.S. as firms like Ripple look to hire and invest outside the country, the CEO of blockchain services company Ripple told CNBC in an exclusive interview. Brad Garlinghouse CEO, RippleThe Metaco acquisition is expected to expand Ripple's suite of products and allow it to access an attractive clientele that includes Citi and BNP Paribas. "We think Metaco is a perfect fit, from where we're trying to grow our customers today," said Garlinghouse. The SEC has accused Ripple, Garlinghouse and the firm's co-founder Chris Larsen, of breaching securities laws by selling XRP without first registering it with the SEC. The U.S. has also accused Binance, the world's largest crypto exchange, of violating compliance rules to solicit American customers.

☆ Premarket stocks: Senators blame excessive CEO pay for regional bank failures
▼ + stars: | 2023-05-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Joseph DePaolo, the former CEO of Signature Bank, received about $8.6 million. Becker said his cash and stock bonuses were “predetermined” and that he wasn’t aware of when they would be paid out. “If you’d bought those hedges [against Treasuries purchased by the bank], that would have cut into your profits, wouldn’t it? “And when the banks blow up, Mr. Becker and Mr. Shay get to keep all the money. And that is just plain wrong.”ChatGPT goes to WashingtonOpenAI CEO Sam Altman also made his way to the Senate on Tuesday.

☆ An IT worker who has been on sick leave for 15 years sued IBM for not raising his $67,000 salary while he was off work. A judge threw out the case.
▼ + stars: | 2023-05-16 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

An IT worker who's been on sick leave for 15 years sued IBM for not giving him a pay raise. But an employment judge dismissed the case, saying it did not amount to disability discrimination. The worker, who has leukemia, currently receives £54,028.08 ($67,732) a year from IBM. But in February 2022, Clifford took IBM to an employment tribunal with disability discrimination claims similar to those in his 2013 grievance. Employment Judge Paul Housego dismissed the case in March, saying in the judgment: "It is not disability discrimination that the plan is not even more generous."

☆ Sebastian Steudtner has turned to science as he chases the world’s biggest waves
▼ + stars: | 2023-05-08 | by ( Matt Majendie | ) edition.cnn.com time to read: +15 min

CNN —Sebastian Steudtner holds the world record for the biggest wave ever surfed. Steudtner holds the world record for the biggest wave ever surfed. Win, win, win or perform, perform, perform. How boring is it to win and win and win? If I want to catch waves, I don’t think about you because you’re in my way, so you’re naturally competitive.

☆ Alonso starts on front row in Miami but win a long shot
▼ + stars: | 2023-05-07 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

[1/4] May 6, 2023; Miami Gardens, Florida, USA; Aston Martin driver Fernando Alonso (14) of Spain reacts after qualifying for the Miami Grand Prix at Miami International Autodrome. Mandatory Credit: John David Mercer-USA TODAY SportsMIAMI, May 6 (Reuters) - Fernando Alonso will start the Miami Grand Prix on the front row alongside pole sitter Sergio Perez, providing Aston Martin the chance for a win, believes team principal Mike Krack. The Red Bulls of Verstappen and Perez have been in a league of their own this season winning every grand prix, with three of the four races one-two finishes. If you start from the first row your aim has to be to win the race. Verstappen, last year's winner in Miami, will start ninth but Alonso guessed that he will see him on his exhaust by lap 25.

☆ Why Prices, Inflation Are Still Soaring: Corporate Price Gouging
▼ + stars: | 2023-05-02 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

While many of the problems that helped trigger the upward spiral have abated, prices are still high and getting higher. The idea that companies are taking advantage of disruptions to push price increases on consumers has many names — greedflation, excuseflation, price gouging, corporate profiteering — but the gist is the same. Supply-chain issues and other disruptions made sense as drivers of higher prices, Chris Becker, a senior economist and the associate director of policy and research at the Groundwork Collaborative, told me. "Working people are suffering thanks to corporate greed, so we need to enact tougher rules to ensure corporations pay a price when they price gouge." Working people are suffering thanks to corporate greed, so we need to enact tougher rules to ensure corporations pay a price when they price gouge.

☆ Last time Trump lawyer Joe Tacopina called a rape accuser greedy and crazy he won. It's a different world now.
▼ + stars: | 2023-05-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +13 min

By the time he won an acquittal in a high-profile, 2011 Manhattan criminal trial, Tacopina had attacked what he called her "functional tolerance" for alcohol. She remembered in graphic detail being immobilized in her bed — too drunk to resist — as she was allegedly raped, she told jurors. "She called him a rapist," Tacopina told the jury in openings Monday. "I can dance backwards and forwards in four-inch heels," she told Tacopina when he questioned her dressing-room balancing act. "It caused me to realize that staying silent does not work," she told Tacopina of the courage she saw in that #MeToo wave.

☆ I've stayed in 13 countries for free by house sitting. Here are 3 tips for starting your own house-sitting journey.
▼ + stars: | 2023-04-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

In 2017, Marius Schmidt sold all his stuff and left Münster, Germany, to travel the world full time. Schmidt used to stay in Airbnbs, but discovered house sitting in 2020 and now his stays are free. When COVID began to relax in Europe, I thought maybe I'll try house sitting out and see if I can actually do it myself. I've heard from a few other house sitters that sometimes it is really messy or not a very nice house. There's a lot of communication and I also try to leave the house better than it was before.

☆ On Inflation, Wages and Tough-Guy Economics - The New York Times
▼ + stars: | 2023-04-28 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

Some economics textbooks used to define their subject as the “science of scarcity.” Maybe some still do. Still, a fair bit of economics does involve explaining limits and constraints — for example, that you can’t sustain a Denmark-style system of social benefits without something like Denmark-style tax rates. But accepting the need for hard choices can turn into a kind of trap itself. Many economists, even among progressives, use wage growth as an important indicator of “underlying” inflation (although that’s a slippery concept, as I wrote earlier this week). You need, however, to be careful not to suggest — as Andrew Bailey, the governor of the Bank of England, did — that greedy workers are the villains behind inflation.

☆ Bosses hate work from home because 'home' is for women
▼ + stars: | 2023-04-17 | by ( Aki Ito | ) www.businessinsider.com time to read: +10 min

And the old way was clear: The office is for work, and the home is for — well, for whatever unpaid stuff it is that women do while their men are at work. Skeptical that work — real work — could be done at home, bosses quietly penalized the women who opted for flexible schedules by sticking them with boring assignments and denying them promotions. Embracing remote work is a good start, but it comes with risks of its own. Since the pandemic hit, I've heard a few CEOs liken remote work to opening Pandora's box. Women working from home are no longer the aberration — tradition-bound executives are.

☆ 5 rookie mistakes even senior leaders make when negotiating for more money or promotions, according to a negotiations expert
▼ + stars: | 2023-04-12 | by ( Leigh Thompson | ) www.businessinsider.com time to read: +8 min

Negotiating effectively for a job has never been more important, whether you're seeking a raise or advancement at work or navigating a job offer. I've observed really smart senior leaders make "rookie" mistakes when negotiating their compensation or promotions; and I've watched entry-level managers excel in advocating for themselves. For instance, I recently talked Tim, a young sales manager, out of using an outside job offer as immediate leverage. Effective negotiators don't "wait for memos," and don't worry about appearing greedy. So don't be an email warrior: pick the right moment, location, and communication method for an in-person negotiation.

☆ How Warren Buffett's Berkshire Hathaway can navigate the looming economic turmoil
▼ + stars: | 2023-04-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

First, let's check in with Warren Buffett. Warren Buffett REUTERS/Rick Wilking1. Few people would argue with you if you said Warren Buffett is the greatest investor of all time. Fewer still would challenge anyone who claimed Berkshire Hathaway was one of the most resilient companies of all time. Is there any other company or conglomerate better poised to navigate uncertainty than Berkshire Hathaway?

☆ Warren Buffett's Berkshire Hathaway faces a brutal mix of economic headwinds. It will capitalize on the chaos, 8 experts say.
▼ + stars: | 2023-04-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +10 min

Berkshire Hathaway faces high inflation, rising rates, and a potential recession and credit crunch. Warren Buffett's company will weather the storm and scoop up the bargains that emerge, experts say. Experts say Berkshire's ample cash reserves, strong brands, and prudent management will enable it to comfortably navigate a harsh economic environment. "Shareholders who plan on holding Berkshire for years into the future should hope for a near-term bear market in stocks. Brian Gongol, longtime Buffett follower and Berkshire shareholder:"It's better to be in Berkshire's shoes during challenging times than during a boom.

☆ These 10 fairly priced stocks are well off recent highs. Here's where we stand on them
▼ + stars: | 2023-04-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

52-week high date: April 5, 2022 Percent below 52-week high: 68.4% Forward P/E: 2.1 We continue to view troubled Bausch Health as a wait-and-see situation. CTRA 1Y mountain Coterra's stock performance over the past 12 months. 52-week high date: May 31, 2022 Percent below 52-week high: 26.94% Forward P/E: 9.5 Our view on Pioneer Natural Resources (PXD) is similar to Coterra. 52-week high date: June 8, 2022 Percent below 52-week high: 24.46% Forward P/E: 10.4 Like our two other energy stocks, we want to see another pullback in Halliburton shares before we'd add to our position. 52-week high date: Jan. 27, 2023 Percent below 52-week high: 18.26% Forward P/E: 13.4 Caterpillar is a beaten-down stock worth buying.

☆ The rapid run-up in stocks prompts us to exit one position and to trim another
▼ + stars: | 2023-04-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Shortly after the opening bell, we will be exiting our position in Devon Energy (DVN), selling 500 shares at roughly $53.71. Now that our trading restrictions have cleared, we are selling the rest of our Devon Energy position into its recent strength. Last month we laid out a few reasons why our plan was to part with Devon Energy but keep Pioneer Natural Resources (PXD) and Coterra Energy (CTRA). With our exit of Devon Energy, we'll realize an average loss of about 7.7% on our last remaining shares. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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