In this article MRNA Empty bottles of Moderna Covid-19 vaccine are pictured in a vaccination center in Garlan, western France, on December 13, 2021. FRED TANNEAU | AFP | Getty Images Moderna announced Monday that a third dose of its mRNA vaccine against Covid-19 appears to provide significant protection against the omicron variant. However, it
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In this article PTLO ORGN CNBC’s Jim Cramer said Friday he sees long-term potential for newly public companies Origin Materials and Portillo’s, suggesting interested investors can buy their stocks under certain conditions. Here’s what the “Mad Money” host thinks about each of the businesses and their respective investment caveats. Portillo’s Cramer said he views Portillo’s
In this article DIS 6758.T-JP Tom Holland stars as Peter Parker in Marvel’s “Spider-Man: No Way Home.” Disney “Spider-Man: No Way Home” shattered pandemic box office records this weekend, opening with an estimated $253 million in ticket sales. Not only is this the highest film debut of 2021, it is the third-best opening of all
In this article CTAS KMX GIS NKE MU Jim Cramer on “Mad Money.” Scott Mlyn | CNBC CNBC’s Jim Cramer on Friday previewed the biggest market events scheduled for next week’s holiday-shortened trading window. “You need to recognize the rockiness of the moment” now that the Federal Reserve has adopted a more aggressive plan to
New York City FC forward Valentín Castellanos (11) passes the ball forward against Portland Timbers midfielder Diego Chara (21) during the MLS Cup Final between the Portland Timbers and New York City FC on December 11, 2021 at Providence Park in Portland, Oregon. Brian Murphy | Icon Sportswire | Getty Images While other U.S. sports
In this article DIS 6758.T-JP Tom Holland and Benedict Cumberbatch star as Peter Parker and Doctor Strange in “Spider-Man: No Way Home.” Sony “Spider-Man: No Way Home” is smashing pandemic box office records. Between Thursday previews and Friday showtimes, the latest Marvel Cinematic Universe flick has tallied $121.5 million in ticket sales domestically. “Just as
Loading chart… Duluth Holdings: “This is a good company, and apparel came back. Duluth, I love to use their stuff, but I’ve got to tell you … there’s so many other stocks in the apparel business like a [Lululemon] that is very good. I happen to like, my favorite, American Eagle Outfitters, which is acting
U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Wednesday, Nov. 3, 2021. Al Drago | Bloomberg | Getty Images A federal appeals court has reinstated the Biden administration’s vaccine and testing requirement for private businesses that covers about 80 million American workers. The ruling by the 6th
Dr. Anthony Fauci takes part in a meeting with U.S. President Joe Biden and Vice President Kamala Harris and other members of the White House COVID-19 Response Team on developments related to the Omicron COVID-19 variant from the State Dining Room at the White House in Washington, U.S., December 9, 2021. Leah Millis | Reuters
Loading chart… Fiverr: “No. Remember the criteria: We need to have companies that are profitable that sell at a price-to-earnings ratio, not a price-to-sales ratio. They have to be profitable.” Loading chart… State Street Corporation: “I like State Street very much, but I’ve got to tell you, let me do you even better. I think
Adobe Chairman and CEO Shantanu Narayen on Thursday expressed confidence about the company’s future, telling CNBC’s Jim Cramer that the software maker’s weaker-than-expected forward guidance does not signal problems for its business. Narayen’s comments on “Mad Money” came shortly after Adobe shares tumbled 10.2% in Thursday’s session, as investors responded negatively to the company’s financial
Groups of people line-up to get tested for Covid-19 in Times Square on December 05, 2021 in New York City. Spencer Platt | Getty Images Covid-19 test positivity rates in New York City have doubled in just three days, Dr. Jay Varma, a top health advisor to Mayor Bill de Blasio, tweeted Thursday. “Um, we’ve
Woman doing online shopping. Oscar Wong | Moment | Getty Images Free returns are certainly not free for retailers. In fact, the cost of processing returns will increase this holiday season, according to logistics forecasts, especially against a backdrop of rising inflation, labor shortages and Covid precautions. The average holiday return will cost retailers two-thirds
Even without a pandemic, holiday travel isn’t for the faint of heart. Millions are expected to travel this month, with threats of volatile weather and the omicron variant further stressing out people eager to close Year 2 of the pandemic. To help travelers prepare, CNBC Travel asked industry insiders this question: What’s your one, solid
An NFL preseason game between the Seattle Seahawks and the Las Vegas Raiders at Allegiant Stadium on August 14, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images As Covid cases surge, professional sports leagues are once again feeling the impact, leading to postponements and star players missing games. More than 100 individuals throughout
Loading chart… IonQ: “That’s the problem. Everybody wants quantum computer. I went out there with Nvidia looking for quantum computer. We own Honeywell for … the charitable trust. Here’s the problem: There is no play on quantum computer right now. None, including that one. There’s no play. There’s just hype. We don’t want hype.” Loading
Despite the rise of the omicron variant, the travel industry is showing signs a recovery is underway. OlgaKhorkova | iStock Editorial | Getty Images After a year of heavy losses, the travel industry is finally showing some signs of bouncing back — even as the emergence of the Covid-19 omicron variant has led some countries
In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton said Tuesday it is not halting development of new connected fitness products next year, contrary to a report published by DigiTimes. Peloton shares fell nearly 5% in premarket trading Tuesday on the news, but after a Peloton spokeperson refuted the report, shares recouped
In this article 7203.T-JP The Toyota Motor Corp. logo in the Toyota City Showcase exhibit at the company’s Mega Web car theme park in Tokyo, Japan, on Monday, Nov. 1, 2021. Kiyoshi Ota | Bloomberg | Getty Images Toyota, one of the world’s largest automakers, is planning to invest 4 trillion yen ($35 billion) to
Nio: “I don’t like Nio. I think it’s too risky, so the answer is I would get out and get out soon.” Starwood Property Trust: “The stock would go down a couple of bucks [if the Fed raises interest rates by 50 basis points early next year]. It would probably go down immediately a couple