Investing

Apple’s latest model of its Apple Watch, complete with new health features ostensibly targeting the aging population, could be the company’s key to unlocking an even larger customer base, CNBC’s Jim Cramer said Thursday. “If you get the watch, you’re going to get the phone. That’s the way it works,” the “Mad Money” host said.

The resurrection in shares of Turtle Beach, a high-end headset maker whose products are popular with video gamers, stunned even CNBC’s Jim Cramer. “How do you go from $2 to $22 in nine months?” the “Mad Money” host wondered on Wednesday. “Simple: this rally is all about the rise of these insanely popular battle-royale games

J.P. Morgan Chase pledged $500 million for a new program to boost economic growth in cities around the world. The bank, led by CEO Jamie Dimon, is basing the effort on what it learned from previous investment projects it led in Detroit, Chicago and Washington, D.C., according to a press release. The scope of the

Investors should buy CBS on the dip, because it is a very attractive acquisition target for companies outside of the television industry, B. Riley FBR managing director and analyst Barton Crockett told CNBC on Monday. “CBS is a huge brand; it’s the most watched network on TV. They also have Showtime, which is big and

Blackstone is predicting a market surge that could take out its S&P 500 year-end target earlier than expected. According to the firm’s investment strategist Joseph Zidle on CNBC’s “Futures Now,” there’s a high probability the index will break through 3000 within the next couple of months. “What we have left for the rest of the

If you are looking to to pull cash from your 401(k) plan or traditional IRA without getting hit with a penalty, the IRS will allow you to do it. Generally, taking an early withdrawal from a qualified retirement account — that is, cashing out either of those accounts before age 59½ — results in a

When CNBC’s Jim Cramer heard from a caller weighing the pros and cons of investing in Home Depot, Lowe’s and Floor & Decor, he wondered why things needed to be so confusing. “Why do we overcomplicate things? We’ve got Home Depot. We’ve got a new manager who’s real good at Lowe’s and we’ve got Floor

Wall Street may be whirling about Facebook and Twitter’s brushes with Congress, but CNBC’s Jim Cramer doesn’t believe the hype. “I’ve got a sneaking suspicion that the so-called experts who bloviate about the death of advertising on the web don’t actually, you know, communicate on the web,” the “Mad Money” host said Thursday. Cramer argued

Lululemon Athletica’s late-August earnings blowout — which sent the stock up 13 percent the following day — was “stunning” to witness for CNBC’s Jim Cramer. “We’ve seen a lot of great retail quarters this earnings season, but LULU puts them all to shame,” the “Mad Money” host said Wednesday, comparing the results to “a pitcher

After Amazon’s market cap reached $1 trillion on Tuesday, making it the second public U.S. company to hit the milestone valuation after Apple, CNBC’s Jim Cramer floated a theory for what brought the e-commerce giant to new heights. “Here’s a perfect example of what happens when Wall Street views a company not as an earnings-per-share

The Nasdaq is poised to start September on a high, after its best monthly performance since the peak of the 2000 dot-com bubble. Big surges in tech names including Apple, Amazon, Cisco, and Nvidia propelled the index higher to hit records three times in the final week of the month. However, some of those stocks

Wall Street just ended its best August in years, with the S&P 500 jumping more than 3 percent in its best August performance since 2014, while the Nasdaq had its best in 18 years. It doesn’t get much better than this, according to one strategist — and that may be the problem. “The shorter-term data

The market may begin looking different after Labor Day. Even though stocks just completed a banner month, the Economic Cycle Research Institute’s Lakshman Achuthan is waving a warning flag. Achuthan believes there’s a heightened risk of a sell-off that could wipe out the recent all-time highs. He used a special chart of the S&P 500

One sector has been tearing up the S&P 500 this quarter, rocketing to new highs, and it’s not tech. Health care has been the surprise winner as the third quarter enters the home stretch. The XLV health care ETF has marched 11 percent higher since the beginning of July, putting it on track for its

Of the big technology stocks, Apple is the most concerning, veteran technology investor Paul Meeks told CNBC on Thursday. “Of all the FAANGs, the one I am frankly most worried about is Apple,” Meeks said on “Power Lunch.” The ecosystem “is all based on the number of iPhone users, and we are seeing a slowdown

Amazon just got a little closer to $1 trillion on Wednesday. The e-commerce company rallied after Morgan Stanley became the biggest bull on the Street with its $2,500 price target. Wednesday’s surge added around $32 billion to Amazon’s market cap, putting it less than $30 billion from the $1 trillion level Apple crossed for the

Food stocks are fighting for your dinner. As Campbell Soup trades at four-year lows, food delivery stock GrubHub just broke through to a record high. GrubHub has surged 95 percent so far this year in its best performance since its 2015 public debut, pushing its market cap to nearly $13 billion and above Campbell Soup’s

HEALDSBURG, Calif. — The town square here feels as if it is from a bygone era: lush greenery, redwoods and palm trees, a bakery that sells its famed sticky buns each morning, a more-than-a-century-old inn that proclaims its “wine country warmth.” It is also the sort of place, with an abundance of wealth and aging

A lot of financial conditions have changed since the longest bull market on record began, but the benchmark interest rate used to determine mortgage rates is virtually unchanged. The U.S. 10-year Treasury note yield closed at 2.844 percent on Tuesday. On March 9, 2009, the day the stock bull market began, the 10-year closed at

If you’re trying to figure out when bitcoin’s slump will end, you may want to look at the emerging markets. According to Fundstrat Global Advisors’ Thomas Lee, there’s an important correlation budding between emerging markets and bitcoin, the most dominant coin in the cryptocurrency space.” “Both really essentially peaked early this year, and they both

Tiffany shares will rise as the company benefits from strong demand in China, according to Credit Suisse. The firm reiterated its outperform rating for the retailer’s shares, predicting the company will report sales above expectations for its second quarter. China sales represent approximately 15 percent of Tiffany’s revenue, analyst Michael Binetti said Friday in a

Sentiment in Silicon Valley is that Facebook co-founder and CEO Mark Zuckerberg “doesn’t play by the rules,” according to CNBC’s Jim Cramer. The “Mad Money” host, whose charitable trust owns shares of Facebook, said he often visits California’s major tech hub and asks people “who do you not like?” Cramer said the answer is always

Jefferies is getting more optimistic on Salesforce shares due to its strong deal pipeline. The firm reiterated its buy rating for Salesforce stock, predicting the cloud computing software company will report sales growth above expectations this fiscal year. Salesforce will report its fiscal second-quarter results on Aug. 29. “We believe that CRM will meet or

The so-called “smart money” hedge funds are dramatically underperforming this year. Goldman Sachs explained the weakness is the result of big positions in Facebook shares and disastrous bets against stocks. The firm said the average stock hedge fund is down 1 percent this year through Aug. 17 versus the S&P 500’s 8 percent gain. “Volatility

SAN FRANCISCO — Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the $23,000 he invested in several digital tokens is worth about $4,000, and he is clearheaded about what happened. “I got too

Analysts are optimistic over Nvidia’s growth due to a new product cycle even as a key market falters. Nvidia shares are down 2.7 percent in Friday’s premarket session, a day after it reported better-than-expected fiscal second-quarter earnings Thursday. The company gave sales guidance slightly lower than the Wall Street consensus for the fiscal third quarter

The yield curve narrowed to its flattest level since before the financial crisis this week. The difference between the 2-year and 10-year yield fell to below 24 basis points on an intraday basis Thursday morning, the flattest level since August 2007, two months before the S&P 500 began a steep descent to crisis lows. But

Shares of Tesla tumbled 6 percent in early trading Friday after a New York Times feature outlined some serious struggles for CEO Elon Musk. The electric carmaker’s stock is down 10 percent over the last year and has been especially pummeled in the last week. Shares are down more than 12 percent since Musk tweeted

The strong GDP economic data for the June quarter is showing up in the real economy. Major U.S. companies including Walmart and Cisco are confirming the positive macro data by posting their best financial results in many years. The reports indicate broad-based strength in the domestic economy. Last month the government said second-quarter GDP grew

Investors could call them chips passing in the night. While semiconductor stock AMD soars this year, jumping more than 60 percent in just three months, its peer Micron is badly underperforming. Micron shares are down around 4 percent in that period, placing the stock on track for its first negative quarter in more than two