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. It’s a new month, but it’s more of the same for the S & P 500. The broad index is on its way to another record…
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters The more than 20,000 potential job cuts Meta and Microsoft revealed on Thursday, months after Amazon announced its most widespread layoffs ever, may only be the beginning. The same companies that are collectively spending hundreds of billions of dollars a year…
U.S. importers, ranging from Target to Walmart, are due more than $160 billion in tariff refunds following a February Supreme Court decision as the Trump administration launches its claims filing portal Monday. Hopes are high for a smooth launch of the system that will facilitate the refunds, but companies and Wall Street analysts are tempering…
Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of St. Louis gave away her favorite sundresses and other form-fitting outfits, thinking she’d never be those smaller sizes again. Now, after losing about 28 pounds while taking GLP-1 drug Wegovy, she said she has started…
Booking photo of Tiger Woods. Courtesy: Martin County Sheriff’s Department Golf legend Tiger Woods told a police officer he spoke to President Donald Trump on the phone shortly after his DUI rollover crash in Florida, a bodycam video obtained by TMZ and published Thursday shows. “Thank you so much. All right. You got it. Bye,”…
Nike Inc. signage on the floor of the New York Stock Exchange, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images When Nike reported fiscal third-quarter earnings on Tuesday night, investors were looking for evidence its recovery is on track. Instead, they learned that the retailer’s turnaround is far from over, sending shares tumbling…
Tiger Woods of Jupiter Links Golf Club looks on before the match against the Los Angeles Golf Club at SoFi Center in Palm Beach Gardens, Florida, March 24, 2026. Adam Glanzman | TGL Golf | Getty Images Tiger Woods’ future in professional golf remains unclear as he seeks treatment after a rollover car crash last…
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. Kai Pfaffenbach | Reuters Shares listed in Europe are set to kick off the new trading month with a strong rebound, after notching their worst month since…
A Nike logo is displayed at a Nike store on Feb. 5, 2026 in Austin, Texas. Brandon Bell | Getty Images Nike topped Wall Street’s quarterly earnings and revenue expectations on Tuesday but posted a mixed picture in its two most important regional markets. Nike’s largest market of North America continued to show steady growth,…
The clock is ticking on Nike’s recovery. Without any signs of improvement, Jim Cramer said we may soon have to make a hard decision on the stock. “I want to wait until the fall before we cashier [Nike’s stock] and take the loss, or I see some green shoots by then,” Jim said Friday during…
