Cramer is back on the Meta bandwagon but off the Google bandwagon. CNBC’s Jim Cramer jumped back on the Meta Platforms (META) – Get Free Report bandwagon this week, praising the company’s quarter despite a wide Read more…
The CEO of Tesla had to sell shares of the electric vehicle maker several times last year to acquire Twitter. Twitter cost Elon Musk dearly. The serial entrepreneur paid $44 billion to take control of Read more…
Mistake, or backpedaling? Netflix (NFLX) – Get Free Report has been all over the news for a not-so positive reason — as subscriptions slow and competition from platforms like HBO Max and AMC Plus (AMC) – Read more…
Amazon CEO Andy Jassy says the internet retail giant is ‘working hard’ at making its grocery business successful. This ain’t no Supermarket Sweep. Amazon (AMZN) – Get Free Report said it will be taking a pause Read more…
A number of major Strip players all have the same big idea and they’re working to make it happen. Las Vegas may be the ultimate city that illustrates the idea that a rising tide lifts Read more…
The new Cravings Trios follow a successful test run in the Midwest. Between the falls of 2021 and 2022, the average item at Taco Bell got 14.6% more expensive. The difference is only between $2.94 in September Read more…
Markets First ECB governors hit the wires one day after raising policy rates by another 50 bps to 2.5% (deposit rate). ECB Vasle kept close to yesterday’s statement, committing to a 50 bps rate hike Read more…
US ISM Services PMI rose from 49.6 to 55.2 in January, well above expectation of 50.4. Looking at some details, business activity/production rose from 53.5 to 60.4. New orders rose sharply from 45.2 to 60.4. Read more…
The U.S. economy added 517k jobs in January, well above the consensus forecast of 190k. Revisions to the two prior months were substantial, adding 71k to the previously reported figures. The Bureau of Labor Statistics Read more…
US futures Dow futures -0.60% at 33840 S&P futures -1.17% at 4130 Nasdaq futures -2% at 12533 In Europe FTSE +0.41% at 7856 Dax -0.95% at 153e69 517k jobs added in January!! US futures are Read more…