mARKETS

3 takeaways from Wednesday’s Investment Club ‘Morning Meeting’

Every weekday, the CNBC Investing Club with Jim Cramer hosts a live “Morning Meeting” broadcast at 10:20 a.m. ET. Here’s a recap of Wednesday’s highlights. Financials gain from cooling inflation Quick mentions: LIN, CRM, WYNN Disney needs to talk about more than broadcast 1. Financials are big winners today Stocks rose Wednesday after a softer-than-expected …

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How Wall Street Dredged Sen. Kyrsten Sinema And Saved His Billions Of Tax-Deductible Interest

U.S. Senator Kyrsten Sinema (D-AZ) waits for an elevator to go to the Senate floor at the U.S. Capitol in Washington, U.S., August 2, 2022. Jonathan Ernst | Reuters Long before Sen. Kyrsten Sinema, D-Ariz., carried a massive spending bill that promised to create jobs, invest in clean energy and tax the wealthy – fulfilling …

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Is Beyond Meat Now An ‘Impossible’ Investment?

Beyond Meat (BYND), the plant-based alternative meat company, released a lackluster earnings report on Thursday, and now the stock is down 33% year-to-date. Does this create an opportunity for bargain-hungry traders to dig in, or will buying now give investors indigestion later? (And, what about those bonds?) Let’s address the earnings first. The poor results …

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3 tips from the Friday Investment Club ‘Breakfast Meeting’

Every weekday, the CNBC Investing Club with Jim Cramer hosts a live “Morning Meeting” broadcast at 10:20 a.m. ET. Here’s a recap of Friday’s highlights. Banks May Benefit From Bigger Rate Hike Eli Lilly’s No-Loss Quarter, New Drugs Quick Mentions: STZ, AMZN, MRVL 1. Banks May Benefit From Bigger Rate Hike. of Labor Statistics. The …

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AMC Entertainment Planet ‘APE’ Preferred Stock Dividend. Stocks slide after earnings.

Text size Investors will receive one preferred share for each share of common stock they own. Jeenah Moon/Bloomberg AMC Entertainment finally giving the “monkeys” what they want. The movie theater company tied its second-quarter earnings report with news that it is giving shareholders a special dividend of AMC Preferred Equity Units. AMC’s preferred stock will …

AMC Entertainment Planet ‘APE’ Preferred Stock Dividend. Stocks slide after earnings. Read More »

We expected more from AMD’s earnings, but nothing changes our investment thesis

Advanced Micro Devices ( AMD ) reported better-than-expected second-quarter results Tuesday after the closing bell. Revenue rose 70% year over year to $6.55 billion, beating estimates of about $6.53 billion, according to FactSet. Adjusted gross margins expanded 640 basis points year over year to 54%, beating expectations of around 53.5%. And adjusted earnings per share …

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Struggling crypto lender Celsius files for bankruptcy protection

Celsius on Thursday was sued by former investment manager Jason Stone, as pressure continues to mount on the firm amid a crash in cryptocurrency prices. Stone has claimed, among other things, that Celsius CEO Alex Mashinsky (above) was “able to enrich himself significantly”. Piaras Ó Midheach | Sports File for Web Summit | Getty Images …

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3 takeaways from Tuesday’s Investment Club ‘Breakfast Meeting’

Every weekday, the CNBC Investing Club with Jim Cramer hosts a live “Morning Meeting” broadcast at 10:20 a.m. ET. Here’s a recap of Tuesday’s highlights. AMD Ahead of Intel We Won’t Sell Winners to Losers Quick Mentions: CTRA, PTX 1. AMD Ahead of Intel We’re bullish on Advanced Micro Devices (AMD), which reports its second-quarter …

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Caterpillar is a trade, not an investment, after its unimpressive earnings

On Tuesday morning, Dow component Caterpillar ( CAT ) released the firm’s second quarter financial results. The crowd was not pleased. CAT posted adjusted EPS of $3.18 (GAAP EPS: $3.13) on revenue of $14.247 billion. While these final results beat Wall Street, and the top line was up 11% from a year ago, this sales …

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