CNBC’s Jim Cramer on Tuesday described why he likes online used car dealer Carvana, telling investors they can start a small position and wait for a pullback to buy more. “I like Carvana for the long-haul because I’m a true believer, but that doesn’t mean the stock will charge endlessly higher without taking some detours,”…
Traveler wait in a long security line at John Wayne Airport in Santa Ana Wednesday, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images The Transportation Security Administration plans to let many travelers leave their shoes on at U.S. airport checkpoints, ending a roughly 20-year-old rule, according to people familiar with…
U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday threatened to impose up to 200% tariffs on pharmaceuticals imported into the U.S. “very soon.” “They’re going to be tariffs…
Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024. Stephen Brashear | AP Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems. The…
Kirk Tanner, then chief executive officer of North America beverages for PepsiCo Inc., speaks during the Bloomberg Power Players Summit in Miami, Florida, U.S., on Friday, Jan. 31, 2020. Marco Bello | Bloomberg | Getty Images Wendy’s CEO Kirk Tanner has been named the new chief executive of The Hershey Company, effective August 18. Tanner…
In a Monday interview with CNBC’s Jim Cramer, CoreWeave CEO Michael Intrator described what makes his company different from peer Oracle. “Oracle has its own set of products that they’re offering, and they are a formidable competitor,” Intrator said, explaining that CoreWeave competes with Oracle in the artificial intelligence infrastructure space. “From our position, we…
Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a “deliberate, inflammatory attack” against the Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of President Donald Trump, posted on X over the…
CNBC’s Jim Cramer on Monday told investors that President Donald Trump’s new slate of tariffs might not have staying power, and he cautioned against doing any major selling. “We no longer believe that the tariff numbers the president’s throwing around are meaningful,” Cramer said, referring to his outlook for the CNBC Investing Club’s Chartable Trust….
CoreWeave CEO Michael Intrator, left, testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. Chip Somodevilla | Getty Images Artificial intelligence-oriented cloud infrastructure company CoreWeave said Monday it will acquire Core Scientific, a data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. CoreWeave stock…
Still from Apple’s “F1.” Apple Lights out and away we go. “F1: The Movie” hasn’t even reached the checkered flag of its theatrical run, but it’s already Apple’s best film release ever. The film, distributed by Warner Bros. Discovery, zoomed past $293 million at the global box office over the weekend. This outpaced Ridley Scott’s…
