On CNBC’s “Mad Money Lightning Round,” Jim Cramer called NorthWestern Energy Group, Inc. (NASDAQ:NWE) a “winning” stock after the company posted better-than-expected second-quarter (Q2) results. NorthWestern reported adjusted earnings of 50 cents per share, beating market estimates of 44 cents per share. The company’s sales came in at $392.6 million, versus expectations of $380.6 million. […]
Highest State Minimum Wage at $17.40, Blasts Trump Over Federal Pay Floor
California will raise its minimum wage to $17.40 per hour from Jan. 1, surpassing every other state and marking the highest state-level wage floor in the country. The increase lifts pay from the current $16.90 rate. Newsom Ties Wage Hike to Cost-of-Living Fight Ahead of Midterms Gov. Gavin Newsom (D-Calif.) used the announcement to criticize […]
Alibaba Stock Is Soaring Friday: What’s Going On?
Alibaba Group Holding Ltd. (NYSE:BABA) stock climbed nearly 5% on Friday as investors rotated into consumer discretionary stocks and optimism around the company’s artificial intelligence investments added to the momentum. The Consumer Discretionary sector gained 2.84%, outperforming the broader market, while the Nasdaq rose 0.15% and the S&P 500 added 0.16%. Alibaba benefited from a […]
GE HealthCare Hits Record Backlog, Stock Jumps
GE HealthCare Technologies Inc. (NASDAQ:GEHC) stock rose Wednesday after the company reported second-quarter results that topped Wall Street estimates, driven by strength in its imaging and pharmaceutical diagnostics businesses. The medical technology company reported adjusted earnings of $1.13 per share, exceeding the analyst consensus estimate of $1.03. Revenue increased 5.7% year over year to $5.30 […]
Waymo Eyes Uber Exit as Robotaxi Rivalry Heats Up: Report
Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo is reportedly exploring an exit from its Uber (NYSE:UBER) partnership, notifying the ride-hailing company it plans to enter Austin and Atlanta independently once their contract expires in January 2028. Contract Notice Sparks Uncertainty Uber said it will continue offering Waymo rides in both markets until the deal lapses in May 2028, […]
How To Earn $500 A Month From Nucor Stock Ahead Of Q2 Earnings
Nucor Corporation (NYSE:NUE) will release its second-quarter earnings report after the closing bell on Monday, July 27. Analysts expect the steel producer to report quarterly earnings of $4.53 per share. That’s up from $2.65 per share in the year-ago period. The consensus estimate for Nucor’s quarterly revenue is $10.13 billion. It reported $8.46 billion last […]
Alphabet Earnings Jitters: The Greatest Cash Machine Ever Still Doesn’t Have Enough
Wall Street has spent the week bracing for a number, and the nervousness is not really about whether Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) made money. It is about whether making an extraordinary amount of it is still enough. GOOGL stock is moving ahead of earnings. See the chart and price action here. When the Google parent […]
Taylor Farms, Sysco Remove Mexico Iceberg Lettuce After FDA Traces Massive Cyclospora Outbreak
Taylor Farms and food distributor Sysco Corporation (NYSE:SYY) have pulled Mexico-sourced iceberg lettuce from circulation after the U.S. Food and Drug Administration linked the product to a widespread cyclospora outbreak associated with Taco Bell restaurants. FDA Investigation Points To Mexico-Sourced Lettuce On Friday, California-based Taylor Farms said it voluntarily removed iceberg lettuce sourced from central […]
Newsletter
Tesla Bull Urges Investors To Do Their Own Research: ‘…CEOs Are Paid To Be Optimistic…’
December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
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