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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
General Electric received a big upgrade from Morgan Stanley, but its turnaround hinges on its most important aviation customer, CNBC’s Jim Cramer said Thursday. “GE is a total winner unless — unless — Boeing fails to get this darned plane certified,” the “Mad Money” host said. “GE’s among the many aerospace suppliers who won’t be able to make their numbers unless the 737 Max goes back into being sold and resumes production.” Boeing CEO David Calhoun earlier this week said the soonest that the gr

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
GrubHub is not actively in the market to be acquired, but the food delivery provider is open ears, CEO Matt Maloney told CNBC’s Jim Cramer Thursday. The comments come as competition in the digital food delivery space is reaching a tipping point. Morgan Stanley projects digital food delivery will grow 31% to a $467 billion market over the next five years. There has been some consolidation in food delivery in recent years. Amazon ditched its own on-demand restaurant food delivery service last summ

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Cisco Systems: “I think it’s a show-me situation. They missed the quarter and they missed the quarter bad. The 5G — you’ve got to be careful. Republic Services: “I like the waste management business. RSG is actually doing as well as Waste Management.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
The “Mad Money” host talked with GrubHub CEO Matt Maloney about competition in the food delivery space. Later in the show, he turned bullish on Snap and explained how investors should approach the stock with earnings around the corner. “GE is a total winner unless — unless — fails to get this darned plane certified,” the “Mad Money” host said. To sell or not to sellMatt Maloney, founder and CEO of Grubhub. Adam Jeffery | CNBCis not actively in the market to be acquired, but the food delivery pro

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
This is an ‘unless market,’ Jim Cramer saysGeneral Electric can’t meet Wall Street’s estimates without Boeing’s 737 Max back in production, CNBC’s Jim Cramer says.

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
As the National Football League is preparing to say farewell to one of the game’s most accomplished quarterbacks, one of the questions making the rounds at the 2020 Pro Bowl centered on Eli Manning’s status as a bona fide Hall of Famer. The two-time Super Bowl champion will officially step away on Friday, ending his 16-year career with the New York Giants. “Eli is our only two-time Super Bowl MVP and one of the very best players in our franchise’s history.” And did he do so at such a high level

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
A flood of airline earnings out Thursday failed to give the transports sector a lift on Thursday. JetBlue, Southwest Airlines and American Airlines were all higher after reporting on their recent quarters, but the IYT transports ETF was flat on the day. One corner of the transports is on the cusp of a make-or-break moment, according to Matt Maley, chief market strategist at Miller Tabak. So at this point, I think it’s going to be pretty much fizzling out,” said Schlossberg during the same segmen

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
House impeachment manager Rep. Jerrold Nadler, D-N.Y., is seen in the Capitol before the continuation of the impeachment trial of President Donald Trump on Thursday, January 23, 2020. Impeachment, Nadler said, “is not a punishment for crimes.” “They’re on a crusade to destroy this president,” Graham said of Nadler, Schiff and House Speaker Nancy Pelosi, D-Calif., on Wednesday. But Nadler used Graham’s own words — from the time of former President Bill Clinton’s impeachment trial — to bolster his

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Uber is set to offer drivers in the U.K. electric cars from Nissan at a discount, as part of a broader push by the company to tackle air pollution. Uber will offer drivers in the U.K. electric cars from Nissan at a discount, the company said Friday, as it faces a potential ban in London. While the deal is technically open to all U.K. drivers, it’s primarily targeted at those working in London. Uber said it’s seen a 350% increase in rides being taken with electric vehicles since the clean air cha

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
TripAdvisor is planning to cut 200 jobs, or 5% of its total workforce, a source familiar with the matter confirmed to CNBC on Thursday. Experiences, which includes a range of activities from cooking classes to guided tours, had been a source of growth for TripAdvisor in recent years. But in the latest earnings quarter, adjusted earnings from the experiences and dining division fell double digits versus the same period a year ago. The layoffs come as the online travel operator struggles to fend o

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Stephanie Link: Fortinet’s product portfolio has broadened over the yearsStephanie Link, CNBC contributor, breaks down why she chose Fortinet as her Last Chance Trade on “Closing Bell.”

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
DAVOS, Switzerland — There are more than 100 recognized currencies in the world, but that could fall to five or six in the next 20 years, the Brazilian economy minister said at the World Economic Forum (WEF) Thursday. This could be replicated in other parts of the world in the future, provided they align themselves politically or economically, Paulo Guedes, economy minister of Brazil, said at a panel. “If you consider the political dimension and the economic dimension, we would have five, six cu

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
The German finance minister said he isn’t pessimistic over threats of tariffs on the car industry as he believes an agreement on free trade and digital taxes is possible. Soon after calling for a fresh trade deal with the European Union, President Donald Trump raised the specter of car tariffs should European nations implement a digital tax on big U.S. tech firms. “If people want to arbitrarily put taxes on our digital companies, we will consider putting taxes arbitrarily on car companies,” Mnuc

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Palantir Technologies co-founder and CEO Alex Karp said Thursday the core problem in Silicon Valley is the attitude among tech executives that they want to be separate from United States regulation. “You cannot create an island called Palo Alto Island,” said Karp, who suggested tech leaders would rather govern themselves. “What Silicon Valley really wants is the canton of Palo Alto. We have the United States of America, not the ‘United States of Canton,’ one of which is Palo Alto. Palantir has l

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
The state of global geopolitical tensions is high, and this is having an impact on the global economy, Antonio Guterres, Secretary-General of the United Nations, told CNBC’s Sara Eisen on “Squawk on the Street” from the World Economic Forum at Davos on Thursday. “You can imagine the dramatic consequences this would have had in the region — and for the global economy if this escalated,” Guterres said. “We live in a difficult period where geopolitical tensions are also having an impact on the econ

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Lori Tan Chinn doesn’t believe in accidents, except for the one that brought her to the set of “Awkwafina is Nora From Queens.” “This came by accident, because I was going to quit,” Chinn tells CNBC Make It. Although Chinn recently considered quitting acting because she couldn’t find more compelling roles, she says the production of “Nora From Queens” drew her back in. “It’s changed the course of how I thought of my responsibility to be a positive image for Asian Americans,” Chinn says. “This is

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Valuable vintage Apple productsTo the average person, an old Apple computer might not look all that exciting. Here are some valuable vintage Apple products that might be gathering dust in your basement: 1. Macintosh 128K The Macintosh 128K, which debuted in the legendary “1984” commercial that aired during Super Bowl XVII, was Apple’s very first Macintosh computer. Other vintage Apple products Apple defines its “vintage” products as anything that has not “been manufactured for more than five and

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
If you happen to hit the next Powerball jackpot, brace yourself for the life-changing decisions ahead of you. The annuity option is structured in a way that annual payments increase over time (by 5% annually). For this $373 million Powerball jackpot, the first year’s payout would be roughly $5.62 million, based on a formula provided by the Multi-State Lottery Association. For this Powerball jackpot, the cash option is $253.7 million. That amount would be reduced by a federal 24% withholding, or

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
Changes are coming to credit scores. This latest iteration of the FICO score, available this summer, is meant to help lenders better avoid credit risks and control default rates. Generally speaking, the higher your credit score, the better off you are when seeking a loan. Average nationwide credit scores most recently bottomed at 686 during the housing crisis a decade ago, when there was a sharp increase in foreclosures. The average national credit score is now over 700 for the first time ever,

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cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 6 months ago
A Roth conversion involves the owner of a traditional IRA, which is funded with pretax contributions, moving that money into an after-tax Roth IRA. The move could save families tax money over the long run, given new rules around some IRA withdrawals, according to financial experts. The Secure Act, signed into law last month by President Donald Trump, reined in rules around the so-called “stretch IRA.” Roth accounts must also be depleted over a decade, but heirs wouldn’t owe any income tax on the

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