Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington Lindsey Wasson | Reuters A committee is set to deliver its findings to Boeing’s board this week on how the company can design and build safer airplanes after the fatal crashes of two 737 Max jets, The
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New York Governor Andrew Cuomo. Drew Angerer | Getty Images New York Gov. Andrew Cuomo on Sunday announced an emergency executive action ban on the sale of flavored electronic cigarettes in the state, amid a surge of vaping-related illnesses and deaths across the country. “Vaping is dangerous. Period,” the governor said. “No one can sit
On their first trading day in May 2019, shares of Beyond Meat soared 163%. It was the best performance for an IPO in nearly two decades. At one point in 2019, Beyond Meat was bigger than 25% of companies in the S&P 500. Beyond Meat shares rode a perfect storm. Beyond Meat was the first
Ethan Brown, founder and chief executive officer of Beyond Meat, center, celebrates with his wife Tracy Brown, center left, and guests during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Based on the terrible public market performance of
This past week, the Recording Industry Association of America (RIAA) released its mid-year report. It showed that 80% of the of music industry’s revenue comes from streaming, but it also showed that revenue from sales of vinyl records is on track to overtake that of compact discs by the year’s end, should current trends continue.
The timeline for a potential trade deal between Washington and Beijing remains unclear, so CNBC’s Jim Cramer decided to take another look at stocks with high exposure to China before earnings season approaches. “Let’s play a little game, I call it hostage versus non-hostage,” the host of “Mad Money” said Friday. “As in, which companies
SmileDirectClub‘s rocky initial public offering can be attributed to an aggressive asking price, CNBC’s Jim Cramer said Friday. But the “Mad Money” host admits he is unsure of what price he would pay for the upstart orthodontics company’s stock. “I don’t know what the right price is for SDC, but I do know I wouldn’t
Musician Eddie Money performs on stage during the iHeart80s Party 2017 at SAP Center on January 28, 2017 in San Jose, California. Tim Mosenfelder | Getty Images Eddie Money, famed singer of “Two Tickets to Paradise,” has died at age 70. Money’s publicist provided a statement to the Associated Press from the musician’s family saying
Everlane, a socially minded clothing company, needed to open brick-and-mortar stores because “basically” no online-only companies are profitable, CEO Michael Preysman told CNBC’s Jim Cramer. Preysman, who founded Everlane in 2011, made his remarks to the “Mad Money” host from the company’s brand-new store in Williamsburg, a hip neighborhood in Brooklyn, New York. “What online-only
Daenerys Targaryen is one of the key characters that can speak High Valyrian in Game of Thrones. Source: HBO There’s another “Game of Thrones” prequel series in the works, according to several reports, and this one will focus on the Targaryen family. Deadline, the Hollywood Reporter and Variety all reported Thursday that the show is
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images Some market moving events unfolded between the close of U.S. stock markets on Wednesday and the open on Thursday. With both the Dow
Last week, Jim Cramer held his annual fantasy stock draft, and the “Mad Money” host now is helping investors scan the market “waiver wire” to find some bargains. “That’s some authentic fantasy football gibberish that means trying to pick up some bargains, players not signed by other teams that have turned out to be interesting
Michael Cohen, the former personal attorney of President Donald Trump, departs the U.S. Capitol after testifying before a closed House Intelligence Committee hearing on Capitol Hill in Washington, February 28, 2019. Joshua Roberts | Reuters Michael Cohen has agreed to cooperate in an investigation into whether the Trump Organization falsified business records, a source familiar
Jeffrey Sherman Adam Jeffery | CNBC DoubleLine Capital’s Jeffrey Sherman believes the August rush into Treasurys may have been overdone and said that those worried over a potential economic slowdown in the U.S. may be better served buying gold. Sherman, who serves as DoubleLine’s deputy chief investment officer, said in an interview with CNBC.com that
CNBC’s Jim Cramer expounded on the ongoing rotation of investments in the stock market. The “Mad Money” host goes off the charts to understand if the gold and bond prices are nearing a top. Cramer gives his thoughts on activist investor Elliott Management’s $3.2 billion stake in AT&T and explains why he think the move will
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
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