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 update : Stocks are higher on Wednesday, extending the S & P 500 ‘s win streak to three days and the recent rebound to more…
CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street which, although short, is chock full of earnings. He highlighted reports from retailers including Burlington Stores, Best Buy and Kohl’s, as well as tech giant Dell. “Every data point, every bit of research and earnings will be scrutinized starting Monday, just like…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Cybersecurity company Netskope is eying a $7.3 billion valuation after pricing shares at $19 for its upcoming IPO, at the top end of its expected range. Netskope will start trading on Thursday on the Nasdaq under the ticker symbol “NTSK.” The share sale raised $908.2…
Jaque Silva | Nurphoto | Getty Images The latest earnings season has addressed investors’ concerns about the artificial intelligence boom, thanks to the robust growth outlook and capital spending projections of many tech companies. Investors seeking exposure to companies that are well-positioned to capture AI-led growth can track the recommendations of top Wall Street analysts,…
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The…
Jim Cramer on Monday brushed off Morgan Stanley’s downgrade of CrowdStrike , viewing the cybersecurity giant’s recent dip as a potential buying opportunity. “Morgan Stanley may downgrade this but I want to get in on the downgrade and get in on the discount,” Cramer said Monday during the Investing Club’s Morning Meeting. Shares of CrowdStrike…
My top 10 things to watch Tuesday, July 1 1. Amazon’s Project Kuiper is using every rocket available to get rolling. AI-powered Alexa+ could help power personal robots in our homes. Those are just a couple takeaways from my interview last night with CEO Andy Jassy. We also touched on Club name’s rural expansion, chip…
