Investment strategy

Enterprise and desktop PCs still 'a healthy market' as personal PCs see slowdown, says Micron CEO

Enterprise and desktop PCs still ‘a healthy market’ as personal PCs see slowdown, says Micron CEO

Micron chief executive Sanjay Mehrotra told CNBC’s Jim Cramer on Thursday that the market for enterprise and desktop PCs remains healthy despite the personal PCs market experiencing a slowdown. “It’s not like anything is falling off the cliff,” Mehrotra said in an interview on “Mad Money.” “Yes, while consumer PCs lately are not experiencing the …

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Why it's bad news for the entire market when Apple has a big drop

Why it’s bad news for the entire market when Apple has a big drop

Apple stock is down over 8% this week, wiping out about $200 billion in value and dragging down the Dow and Nasdaq indexes. The iPhone maker is now officially in a bear market alongside other technology giants. Apple has fallen during a bad week for equity markets, which are selling off stocks in nearly every …

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Jim Cramer says investors shouldn't allow a tumultuous market to prevent them from finding 'better opportunities'

Jim Cramer says investors shouldn’t allow a tumultuous market to prevent them from finding ‘better opportunities’

CNBC’s Jim Cramer on Thursday said that while investors should tread carefully as the stock market continues to be stormy, they also shouldn’t be afraid to make moves to strengthen their portfolios. “We want to be very careful to buy stocks with stories that can handle a slowdown. … A good portfolio manager never sells …

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Stock futures fall slightly with S&P 500 teetering on edge of a bear market

Stock futures fall slightly with S&P 500 teetering on edge of a bear market

Stock futures dipped on Thursday evening as investors geared up for the S&P 500 to potentially slide into official bear market territory. Futures tied to the Dow Jones Industrial Average shed 39 points, or 0.1%. S&P 500 futures lost 0.1% and Nasdaq-100 futures fell marginally. On Wednesday, the S&P 500 and Dow bounced off their …

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GameStock jumps more than 20% in odd trading;  AMC shares also pop

GameStock jumps more than 20% in odd trading; AMC shares also pop

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Shares of two meme stocks surged on Thursday, adding an unexpected wrinkle for a stock market that has been dropping in choppy trading for more than a month. …

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UK economy 'only going to get worse' as growth slowdown begins

UK economy ‘only going to get worse’ as growth slowdown begins

The UK economy shrank by 0.1% in March and the situation is expected to worsen as the country’s cost-of-living crisis escalates. Tim Ireland | Xinhua News Agency | Getty Images LONDON — A growth slowdown is underway in the UK after the economy shrank by 0.1% in March, with economists expecting further contractions this year. …

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Pfizer deal will help expand reach of migraine pill

Pfizer deal will help expand reach of migraine pill

Pfizer’s purchase of migraine medication maker Biohaven Pharmaceutical represents a commitment to expand the reach of its calcitonin gene-related peptide (CGRP) franchise, CEO Vlad Coric told CNBC’s Jim Cramer on Tuesday. “There are still over 300,000 physicians in the US who write for the older triptans and have not yet written for one oral CGRP,” …

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5 things to know before the stock market opens Tuesday, May 10

5 things to know before the stock market opens Tuesday, May 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 hits lowest level in over a year Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2022. Brendan McDermid | …

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Peloton, Novavax, Vroom and more

Peloton, Novavax, Vroom and more

Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton shares plunged 25.8% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly loss and projected current-quarter revenue below estimates due to softening demand. Novavax (NVAX) – Novavax sank 23% in premarket trading after the vaccine maker …

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Use market downturn to upgrade your portfolio, Jim Cramer says

Use market downturn to upgrade your portfolio, Jim Cramer says

CNBC’s Jim Cramer on Monday said that investors willing to brave the current market should switch out their nonprofitable holdings for stocks that have cheap valuations and better-than-average growth rates. “I’m not advocating staying in the market, so much as I want you to take some losses and swap into better stocks that can spring …

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