Cramer’s lightning round: Zoom Video needs a merger

Cintas Corp: “It’s one of the greatest small business companies in the world.” VF Corp: “I am very worried about VF.” AST SpaceMobile Inc: “That’s a very tough one to own.” Disclaimer: Cramer’s Charitable Trust owns shares of Pioneer Natural Resources. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no … Read more

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Jim Cramer says strong January jobs report shows the economy can handle more rate hikes

CNBC’s Jim Cramer on Friday said that the January jobs report shows that the economy will remain resilient, despite the Federal Reserve’s interest rate hikes. “If the Fed Chief wants to raise interest rates quarter after quarter, this economy can actually handle it. And that’s the real takeaway from this amazing job growth number,” he … Read more

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Cramer’s week ahead: Take advantage of the bull market by selling some shares

CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market.  “I don’t know if we can continue this week’s bizarrely bullish behavior, but it’s worth sticking around and … you can trim a bit of some stock that you’re up a lot,” … Read more

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Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index since a stretch that ended in November 2021. Coming off its worst year since 2008, the … Read more

View More Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021

Ford sold 91 million shares of EV startup Rivian last year

RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownership stake last year in electric vehicle maker Rivian Automotive, according to the Detroit automaker’s annual report submitted to the Securities and Exchange … Read more

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US, EU, G7 and Australia announce new price cap on Russian petroleum products | CNN Politics

CNN  —  The US and allies are trying to further limit Russia’s ability to make money and finance its war efforts with new price limits on products like gasoline and fuel oil, a senior Treasury official announced Friday – adding to sanctions on Russian energy sales in response to the country’s invasion of Ukraine. “Our … Read more

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Biden administration expands EV tax credits in boost for Tesla, Cadillac, others

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from … Read more

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Southwest faces Senate hearing next week following holiday meltdown

John and Lori Ingoldsby, who drove to Denver after the first leg of their flight on Southwest Airlines was canceled, wait for a flight to finish their trip at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty Images Southwest Airlines‘ chief operating officer, Andrew Watterson, will face questions from … Read more

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Nordstrom stock surges after report says activist investor Ryan Cohen bought a stake

Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom surged Friday morning following news that activist investor and meme stock maven Ryan Cohen bought a stake in the high-end department store company. The stock was up about 30% … Read more

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Ford CEO Jim Farley’s frustration builds as he vows to transform the automaker

Ford CEO Jim Farley is frustrated. The company’s fourth-quarter earnings on Thursday missed analyst expectations by a wide margin, as costs and supply chain issues again hurt Ford’s bottom line, Farley knows his company needs to change. “We have to change our cost profile,” Farley told CNBC after a call with analysts to discuss the … Read more

View More Ford CEO Jim Farley’s frustration builds as he vows to transform the automaker