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…
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle Internet Group has applied for a national trust bank charter, moving forward on its mission to bring stablecoins into the…
Witthaya Prasongsin | Moment | Getty Images Senate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry’s expansion in the latest version of President Donald Trump‘s big spending bill. The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric…
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…
The White House will likely ask more countries to drop their digital services taxes as part of ongoing trade talks, a senior Trump administration official said Monday after Canada rescinded its DST over the weekend. “My expectation is that the digital services taxes around the world will be taken off, and that that will be…
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…
Construction work on solar power arrays continues at rPlus Energies’ Green River Energy Center in Emery, Utah, U.S. June 11, 2025. Jim Urquhart | Reuters Clean energy stocks fell on Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and phases out credits faster than…
