Consistently growing stocks are out and cyclical stocks are officially back in on the market as big fund investors rotate holdings based on their emotion, CNBC’s Jim Cramer said Tuesday. Wall Street saw a mixed day of trading with the Dow Jones Industrial Average adding 73 points and the S&P 500 inching up 0.03%. The
Business
The Wendy’s Co. logo is seen on a cup displayed for a photograph at a restaurant location in Daly City, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Wendy’s— Shares of fast-food restaurant chain Wendy’s tanked more than 10% following a downgrade to neutral from
Scooter drivers in Ho Chi Minh City on November 01, 2016. Thomas Koehler | Photothek | Getty Images Growth in emerging markets has been the linchpin holding up the global economy at a time when advanced countries are threatening to unravel it. That’s the view of former World Bank vice president Ian Goldin, who told
It might look easy, but Dollar Tree has used “a lot of discipline” over the past year to mitigate the impact of tariffs on the products the company sells, CEO Gary Philbin told CNBC on Monday. He said the discount retailer has worked with vendors to adjust its approach to shipping products from China, where
Maynard Keenan of Tool performs on stage at the Melbourne Big Day out at Flemington racetrack on Sunday 30th January 2011 in Melbourne, Australia. Martin Philbey | Redferns | Getty Images It’s been 13 years since Tool has released an album, but that hasn’t stopped fan fervor for the metal band. Over the weekend, Tool’s
A staff member shows gold ornaments at a jewelry store on June 21, 2019 in Huzhou, Zhejiang Province of China. VCG | Visual China Group | Getty Images Veteran investor Mark Mobius is bullish on gold as central banks around the world cut interest rates. “Physical gold is the way to go, in my view,
Still from Warner Bros.’ “It: Chapter 2.” Warner Bros. “It: Chapter Two” wasn’t able to scare up more ticket sales than the first installment of Warner Bros. two-part adaptation of Stephen King’s famed novel, but it did manage to have the second-highest horror movie opening of all time. The film, which takes place 27 years
The 2019 BMW 330i Mack Hogan | CNBC BMW has long been the king of the compact sports sedan market. The 3 Series is the segment benchmark, with everyone from Cadillac to Genesis coming after it in recent years. Perhaps that’s why, today, the all-new 3 Series isn’t getting a lot of attention. It’s certainly
Members of the Humanitarian and Disaster Relief (HADR) team from the Royal Fleet Auxiliary’s RFA Mounts Bay deliver supplies after Hurricane Dorian on the island of Great Abaco, Bahamas September 4, 2019. LPhot Paul Halliwell | Royal Navy | Reuters Volunteers continue to search for victims and survivors after Hurricane Dorian blasted the Bahamas with
Health officials are warning consumers about a mysterious lung disease that has sickened hundreds and killed at least three people. What to avoid? That’s where they disagree. Federal health officials are reviewing 450 possible cases linked to vaping across 33 states and one territory. At least three people have died from the illness. It’s too
Dane Collaro, dressed as Spider-Man, shows his displeasure with the Sony/Disney spat over the web slinger, as he walks through the D23 Expo with his girlfriend Lauren Wood, dressed as Anastasia, in Anaheim, CA, on Friday, Aug 23, 2019. MediaNews Group/Orange County Register via Getty Images | MediaNews Group | Getty Images With great power,
CNBC’s Jim Cramer maps out what he’s expecting in stock news next week, including economic data from the U.S. and China, along with earnings reports. The “Mad Money” host is says Amazon and Campbell Soup are worth buying here. Cramer sits down with home decor retailer At Home CEO Lee Bird to hear how the
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC CHICAGO — As 12,000 Starbucks store managers from the U.S. and Canada descended on Chicago this week, the coffee chain announced a series of changes coming soon that will affect employees. Starbucks’ Leadership Experience was the first conference for its employees since 2014 and CEO Kevin Johnson’s
Melissa Eamer is currently VP of Sales & Marketing for Amazon Devices. Source: Glossier Glossier, the online beauty brand recently valued at $1.2 billion, has poached a top Amazon exec, Melissa Eamer, to become chief operating officer, CNBC has learned. Eamer ended a 19-year run at Amazon last week. Most recently, she was vice president
American Airlines Boeing 737-800 plane seen in Caracas Simón Bolívar International Airport, Venezuela. Nicolas Economou | NurPhoto | Getty Images An American Airlines mechanic has been arrested and charged with sabotaging an aircraft’s navigation system before a flight in July, forcing crew to abort takeoff from Miami, according to an affidavit filed in federal court
Jin Lee | Bloomberg | Getty Images GrubHub is McDonald’s newest delivery partner as the fast-food giant looks to make delivery a $4 billion business for the company this year. Shares of the delivery provider jumped 4% in extended trading Thursday evening. McDonald’s said Thursday that about 500 New York City and tri-state area locations
A concept of what General Motors’ new infotainment system will look like once Google Assistant is integrated into its vehicles beginning in 2021. GM DETROIT – General Motors and Google are teaming up to install the tech giant’s voice assistant and apps, including Google Maps, into GM vehicles beginning in 2021. The partnership, announced Thursday,
Susan Wojcicki, CEO, YouTube speaking at #VidCon, July 23, 2015. Harriet Taylor | CNBC Momentum is building in Washington to crack down on Big Tech’s most free-wheeling practices: the Department of Justice is conducting a broad review of tech companies in addition to a reported antitrust investigation of Google, and Facebook disclosed a new antitrust
A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health to merge with health insurer Aetna said on Wednesday that the agreement was
Tim Boyle | Getty Images News | Getty Images Shares of American Eagle Outfitters fell more than 13% Wednesday after a slow start to the back-to-school season and unseasonable weather led to same-store sales growth that missed analyst expectations. The company said that sales were disappointing during the last two weeks of July, which is