[ad_1] CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the central bank meeting to buy stocks in line with 10 themes from this quarter’s earnings season. “Why … Read more
[ad_1] Fire smartphone by Amazon.com Krisztian Bocsi | Bloomberg | Getty Images Amazon is in talks with several wireless carriers about launching a mobile service for Prime members, according to a report from Bloomberg. The news sent shares of telecom stocks lower Friday. Verizon fell more than 4% in early trading, while T-Mobile slid over … Read more
[ad_1] The S&P 500 and Nasdaq Composite jumped on Thursday to notch their highest closing levels since August 2022 as Wall Street traders kept focused on debt ceiling negotiations. The major averages ticked higher into the end of the trading session, with the broad-market index adding 0.94% to end at 4,198.05. The Dow Jones Industrial … Read more
[ad_1] Investors should “steel” themselves for a potentially challenging week ahead, with a number of earnings reports that could serve as indicators for the broader economy, CNBC’s Jim Cramer said Friday. Key numbers on retail sales come out Tuesday alongside earnings from Home Depot while Target reports earnings the following day. Those reports will be … Read more