I have been watching Cramer’s social media feed long enough to know that when he posts something cryptic about a stock that is actively selling off, he is doing something deliberate. That’s how Jim sends his signals out loud. Monday morning, July 13, with SK Hynix (SKHY) dropping as much as 15% before partially recovering
The New York Times’ stock has pulled back into a local correction, retreating from its year-to-date high of $87.18 to $75. The decline follows profit-taking after Berkshire Hathaway disclosed its stake in the company back in February. Even so, the underlying business remains strong, and that strength points to a likely rebound heading into earnings.
US stocks opened higher on Tuesday after softer-than-expected June inflation data reduced expectations of an immediate Federal Reserve rate hike. Investors also assessed second-quarter earnings from major US banks and corporate results, while keeping an eye on rising oil prices following renewed tensions in the Middle East. The S&P 500 rose about 0.12%, while the
Citigroup beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as strong trading activity and higher investment banking fees boosted results. The bank reported net income of $5.8 billion, or $3.15 per share, representing a 45% increase from the same period last year. Analysts had expected earnings of
For years, Frontier Airlines (ULCC) chased Spirit Airlines. Frontier tried to buy Spirit in 2022, lost toJetBlue, then circled back for a second attempt that also fell apart. Now Frontier can get the prize without the purchase. Spirit ceased all operations on May 2, 2026, ending a 33-year run as America’s original ultra-low-cost carrier. Spirit’s
Someone on X (the former Twitter) was criticizing the deal Anthropic struck with SpaceX to use its Colossus data centers. The argument was that handing $45 billion to SpaceX through May 2029 could be a massive unforced error, potentially letting xAI drain Anthropic’s token traffic and leaving Claude as a niche product for premium tasks.
PepsiCo spent February cutting prices. Lay’s, Doritos, Cheetos, and Tostitos are all down 15%. The company needed American shoppers to start buying snacks again, and cheaper prices seemed like the obvious way to get them back. It didn’t really work. And when CEO Ramon Laguarta got on the Q2 earnings call on July 9, he
Wall Street’s main indexes opened lower on Monday as renewed tensions between the United States and Iran pushed oil prices higher, while a broad selloff in semiconductor stocks added to pressure ahead of a busy week of corporate earnings and economic data. Dow Jones Industrial Average bucked the trend and opened higher by about 122
GE Aerospace stock has rallied strongly over the past year, gaining about 43% as robust demand for commercial aviation and sustained defense spending in the United States and other key markets continued to support growth. The stock was trading at around $359 in pre-market trading, with investors awaiting the company’s earnings report for fresh insight
UnitedHealth Group stock has been in a strong rally this year as investors cheered its turnaround efforts and the Trump administration’s decision to boost Medicare Advantage payments by a larger-than-expected rate. UNH jumped and peaked at $434 last week, up by 66% from its lowest point this year. This surge mirrored that of other health