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Business

Buffer or bet against? Here are some new strategies for single-stock ETFs

Investors have had prolonged exposure to inverse and leveraged ETFs, mainly tied to investments like commodities, currencies and indexes. But in recent weeks, funds that provide that same type of exposure to a singular stock have entered the market as a new tool for short-term traders to bet on. Single-stock ETFs allow investors a leveraged […]

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Business

From Gap to GameStop, there’s a retail executive exodus underway — and more departures are coming

Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies’ sales plunged. GameStop fired its chief financial officer in the middle of […]

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Business

Jim Cramer picks 7 Dow stocks that investors should consider owning

CNBC’s Jim Cramer on Tuesday offered investors his stock picks from the best- and worst-performing stocks in the Dow Jones Industrial Average during the first half of the year. Companies in the Dow “tend to be boring, mature companies that typically pay nice dividends, which is what protects you when the Fed is tightening,” the […]

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Business

Nike has a ‘much better risk-reward’ than the market believes, Jim Cramer says

CNBC’s Jim Cramer on Tuesday said that Nike stock is more investable than Wall Street might believe, even after a mixed quarter. “I’m not going to tell you this was a great quarter. … But, and this is a big but, I don’t think the results were as bad as today’s 7% decline [suggests],” the […]

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Business

Stocks making the biggest moves in the premarket: Nike, Spirit Airlines, Occidental Petroleum and more

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE) […]

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Business

Nike earnings top Wall Street’s expectations, despite inflation in the U.S. and Covid lockdowns in China

Nike Air Jordan shoes are seen in the store in Krakow, Poland on August 26, 2021. Jakub Porzycki | Nurphoto | Getty Images Nike on Monday topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter, as the sneaker giant overcame a Covid lockdown in China and tougher climate for consumers in the U.S. […]

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Business

Roe v. Wade’s demise forces companies to grapple with health care plans, employee privacy and more

Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate America. By overturning the abortion precedent Friday, the U.S. Supreme Court set off a series […]

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Business

Cramer’s week ahead: Next week will be a bellwether for the upcoming earnings season

CNBC’s Jim Cramer on Friday said that next week will be a crucial moment for determining what the upcoming earnings season will look like. “It’s been ages since we’ve been on pre-announcement watch, where companies have to admit that things aren’t going well. Things like higher labor costs, supply chain woes and the Russia-Ukraine war. […]

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US

What Cramer is watching Wednesday — Powell on the Hill, Jim in the metaverse

Cramer is watching Wednesday: Powell on the Hill, Jim in the metaverse CNBC Source link

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Business

Crypto start-up MoonPay launches NFT platform with Universal, Fox

MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto start-up MoonPay said Tuesday that it’s partnering with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records, among other brands, to launch a new NFT platform called HyperMint. The new platform enables large brands, agencies, and enterprises to mint […]