In a Monday interview with CNBC’s Jim Cramer, Amazon CEO Andy Jassy said the tech giant hasn’t seen significant price increases, and he explained the mitigation strategies his company and its sellers are using. “We did a lot of forward buying several months ago, and then a lot of our sellers, our third party selling…
CNBC’s Jim Cramer on Monday suggested that young investors are driving market action by putting their money into newer companies that promote ideas they find exciting. “Long story short, these younger investors reward bold behavior,” he said. “They punish companies like Apple, which seems to have an aversion to being bold and, instead, like to…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 and Nasdaq were modestly higher Monday after logging record-high closes on Friday. They are both poised to close…
Home Depot is going back to the acquisition well in its bid to capture more spending dollars from professional contractors. The news The home improvement retailer announced Monday that it is acquiring GMS, a building materials distributor that specializes in products such as drywall, steel studs and insulation . Under the agreement, Home Depot’s subsidiary…
Bank stocks rose Monday following the Federal Reserve’s late Friday announcement of its annual stress test results. Wall Street analysts say these two Club holdings came out on top. The news Morgan Stanley analysts described Goldman Sachs and Wells Fargo as the “biggest winners” of the 2025 stress tests, which put U.S. banks with at…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks were higher across the board Monday morning, building off Friday’s record close for the S & P 500 . Throughout Monday’s meeting, Jim talked stressed the importance of…
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded by…
Jobs data and policy updates will take center stage in the week ahead. Coming off a record-breaking week for the market , here’s a closer look at what we’ll be looking for in the holiday-shortened stretch of trading. 1. Jobs, jobs, jobs: The labor market will command center stage over the next four trading days….
