Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses … Read more

Amazon will charge delivery fees on fresh grocery orders under $150

Amazon will charge delivery fees on fresh grocery orders under 0

Brendan McDermid | Reuters Amazon will start charging delivery fees for fresh grocery orders under $150, which it says will help keep prices for its services low. Starting Feb. 28, Prime members who want home delivery by Amazon Fresh will incur a $9.95 delivery fee for orders under $50, while orders between $50 and $100 … Read more

American Express, Intel, Silvergate Capital and more

American Express, Intel, Silvergate Capital and more

American Express, Visa and Mastercard signage is displayed in a storefront in New York. Scott Eells | Bloomberg | Getty Images Find out which companies are making headlines in the midday business. American Express – The credit card company saw its shares jump 11% after it released upbeat earnings and revenue forecasts for 2023 that … Read more

Intel stock falls after brutal results

Intel stock falls after brutal results

Pat Gelsinger, CEO of Intel Corporation, testifies during the Senate Commerce, Science and Transportation Hearing on Semiconductors titled Developing Next-Generation Technology for Innovation, in the Senate Building of Russell on Wednesday, March 23, 2022. tom williams | CQ-Roll Call, Inc. | Getty Images Intel Shares continued to slide on Friday, dropping as much as 10% … Read more

PCE data shows further decline in Fed’s favorite inflation gauge

PCE data shows further decline in Fed’s favorite inflation gauge

Text size The Fed is closely monitoring labor market tensions as a barometer of the health of the US economy. Above, a worker at Chick-fil-A in Texas. Brandon Bell/Getty Images The Federal Reserve’s preferred measure of inflation rose 4.4% annually in December, from 4.7% in November, the latest sign that the era of scorching prices … Read more

Intel, Chevron, American Express, Silvergate and more

Intel, Chevron, American Express, Silvergate and more

Intel said on April 5, 2022 that it had suspended all business operations in Russia. Pictures by Paco Freire/Sopa | Light flare | Getty Images Check out the companies making headlines before the bell: Intel — The chipmaker suffered a 9% loss in its shares early in the morning after its latest financial results missed … Read more

Energy giants set to break annual profit records

Energy giants set to break annual profit records

US President Joe Biden previously pointed the finger at Exxon Mobil for making “more money than God” last year. Brandon Bell | Getty Images Some of the world’s biggest oil and gas companies are poised to report record annual profits, raking in extraordinary revenues after a year of volatile fossil fuel prices amid Russia’s assault … Read more

investors await key inflation report

investors await key inflation report

Treasury yields rose on Friday as investors awaited key inflation figures and gauged the outlook for the U.S. economy after Thursday’s gross domestic product report came in better than expected. As of 4:35 a.m. ET, the benchmark return 10-year cash flow rose more than four basis points to 3.5367%. The Cash 2 years the yield … Read more

Asia-Pacific stocks rise as Tokyo inflation nears 42-year high

Asia-Pacific stocks rise as Tokyo inflation nears 42-year high

Adani shares plunge further for second straight day of losses Shares of Adani Group companies continued to post steep losses for a second consecutive trading session in India after short-selling firm Hindenburg announced its short position in the conglomerate companies earlier this week. Adani refuted the allegations in two separate statements, adding that the group … Read more

Adani shares fall further as they consider legal action against Hindenburg

Adani shares fall further as they consider legal action against Hindenburg

Adani Group Chairman and Founder Gautam Adani during the News18 Rising India Summit on February 25, 2019 in New Delhi, India. Since becoming a billionaire in 2008, Adani is now one of the richest people in the world, with a fortune of $113 billion, according to the Bloomberg Billionaires Index. Hindustan Times | Hindustan Times … Read more