Dogecoin surges 30% to a record above 50 cents as speculative crypto trading continues

Dogecoin was started as a joke in 2013 amid a boom in primitive cryptocurrencies. Its rise in recent months has been highlighted by many as a sign of froth and speculation in the financial markets, particularly among younger investors who started trading during the pandemic. The coin has been boosted in recent weeks by billionaires… Continue reading Dogecoin surges 30% to a record above 50 cents as speculative crypto trading continues

Cramer's lightning round: The short on ContextLogic is 'too high'

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. ContextLogic: "Forty-four percent of the float is shorted. That's way too high. I bet you could have a bit of a run, here." Veru: "It's come down a… Continue reading Cramer's lightning round: The short on ContextLogic is 'too high'

Bitcoin and other cryptocurrencies attempt comeback — How Wall Street sees it playing out

Bitcoin rose 8% on Monday as the cryptocurrency attempted to recover from last week's sell-off. Here's where investors see cryptocurrencies headed in the future. Kourtney Gibson, president of Loop Capital, tells how she's gaining exposure to the crypto space. "When we saw … Coinbase dip down to around $284, I jumped in that name just… Continue reading Bitcoin and other cryptocurrencies attempt comeback — How Wall Street sees it playing out

Holders of 'cult-assets,' like crypto, are putting pressure on the market, Jim Cramer says

CNBC's Jim Cramer said fervent investors in cryptocurrencies are beginning to have an impact on the broader market. "Right now there are so many cult-assets — Coinbase, cryptocurrencies, meme stocks, non-fungible-tokens — that the true believers absolutely refuse to sell," the "Mad Money" host said. "They're dumping everything else they own instead and that's putting real… Continue reading Holders of 'cult-assets,' like crypto, are putting pressure on the market, Jim Cramer says

Getting in to college just got harder. Here's what to do if you are waitlisted

In an application cycle unlike any other, more students were rejected or waitlisted at their top-choice schools. Now students are left with fewer options and only a short time to figure out their next move ahead of National College Decision Day on May 1. If you were waitlisted at your dream college, join the club.… Continue reading Getting in to college just got harder. Here's what to do if you are waitlisted

The best-performing S&P stocks over the past week are a diverse bunch – here’s how to trade them

The S&P 500 kicked off Monday close to record highs set last week. The stocks that led the benchmark index higher in recent days were a diverse bunch – Norwegian Cruise Lines, Twitter, PayPal and Tapestry were among the biggest gainers in the past week. Danielle Shay, director of options at Simpler Trading, splits those… Continue reading The best-performing S&P stocks over the past week are a diverse bunch – here’s how to trade them

The best-performing S&P stocks over the past week are a diverse bunch – here’s how to trade them

The S&P 500 kicked off Monday close to record highs set last week. The stocks that led the benchmark index higher in recent days were a diverse bunch – Norwegian Cruise Lines, Twitter, PayPal and Tapestry were among the biggest gainers in the past week. Danielle Shay, director of options at Simpler Trading, splits those… Continue reading The best-performing S&P stocks over the past week are a diverse bunch – here’s how to trade them

Actor Hill Harper launches The Black Wall Street platform aimed at empowering investors of color

The Black Wall Street app goes live on June 1 and will offer a digital wallet for peer-to-peer payment and the ability to trade cryptocurrencies. What the Black Wall Street was in Tulsa and the Greenwood district is just very empowering," "The Good Doctor" star Hill Harper told CNBC. The goal of app is to… Continue reading Actor Hill Harper launches The Black Wall Street platform aimed at empowering investors of color

Cramer's lightning round: Boeing is a buy

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Inovio Pharmaceuticals: "I had [CEO] Dr. [Joseph] Kim on. Lots of promises, not a lot of deliveries, frankly. So, I'm going to put it on hold." Inmode: "I happen… Continue reading Cramer's lightning round: Boeing is a buy

With solar stocks down 30% from highs, traders say it’s all about timing

Solar stocks are losing their shine. The TAN solar ETF rallied Friday and early Monday, though it remains down nearly 30% from its January peak. The group has come under pressure after a more than 280% surge over the past 12 months. Federal subsidies have made solar panel installation inexpensive, and President Joe Biden's administration… Continue reading With solar stocks down 30% from highs, traders say it’s all about timing

With solar stocks down 30% from highs, traders say it’s all about timing

Solar stocks are losing their shine. The TAN solar ETF rallied Friday and early Monday, though it remains down nearly 30% from its January peak. The group has come under pressure after a more than 280% surge over the past 12 months. Federal subsidies have made solar panel installation inexpensive, and President Joe Biden's administration… Continue reading With solar stocks down 30% from highs, traders say it’s all about timing

CapitaLand to separate real estate development and fund management units

CapitaLand Ltd on Monday has proposed a consolidation of its investment management platform and the lodging business into an entity called CapitaLand Investment Management as part of a restructuring process. The Singaporean property developer announced the restructuring along with CLA Real Estate Holdings, an indirect fully-owned unit of Temasek Holdings Pte Ltd, the largest shareholder… Continue reading CapitaLand to separate real estate development and fund management units

How to trade under-the-radar tech stock Garmin on way to records, trader says

Garmin's stock has weathered the technology sell-off. While the Nasdaq Composite has fallen so far this month, Garmin has risen 1%. The stock has also led in the rebound off of last March's lows, rallying more than 105% compared with the Nasdaq's 98% surge. Todd Gordon, founder of TradingAnalysis.com, is betting on more gains for… Continue reading How to trade under-the-radar tech stock Garmin on way to records, trader says

Ron Insana: Biden's attempt to reverse wealth inequality will lead to a broader bull market for Wall Street

The latest stimulus effort isn’t just notable for its size. The money is targeted toward the households that need it the most, including the long-term unemployed and lower income families. This relief, especially if followed by an infrastructure bill, could produce winners on Main Street and Wall Street. Consumer spending is likely to surge, particularly… Continue reading Ron Insana: Biden's attempt to reverse wealth inequality will lead to a broader bull market for Wall Street

Chevron CEO believes stock is a great long-term value play, which attracted Buffett to the name

Chevron CEO Michael Wirth told CNBC the company has not spoken to Berkshire Hathaway after the conglomerate took a stake in the oil giant. "I can't infer anything other than their investment decision would suggest that there's some confidence in the long term future of our company," Wirth said Tuesday on CNBC's "Closing Bell" regarding… Continue reading Chevron CEO believes stock is a great long-term value play, which attracted Buffett to the name

Netflix leads Hollywood but lags the S&P 500, so buy the weakness, strategists say

Netflix may have stormed the Golden Globes, winning 10 awards and beating other streaming companies, but its share price has underwhelmed over the past six months. The stock is slightly lower since September, trailing the S&P 500's 9% gain over the same stretch. The company had been one of Wall Street's darling early in the… Continue reading Netflix leads Hollywood but lags the S&P 500, so buy the weakness, strategists say

Netflix leads Hollywood but lags the S&P 500, so buy the weakness, strategists say

Netflix may have stormed the Golden Globes, winning 10 awards and beating other streaming companies, but its share price has underwhelmed over the past six months. The stock is slightly lower since September, trailing the S&P 500's 9% gain over the same stretch. The company had been one of Wall Street's darling early in the… Continue reading Netflix leads Hollywood but lags the S&P 500, so buy the weakness, strategists say

Martin Marietta Materials CEO is bullish as he expects more federal spending on roads

The Biden administration is expected to focus on infrastructure spending after a new Covid-19 stimulus bill is signed. Martin Marietta Materials CEO Ward Nye said he welcomed the White House's efforts, which come during a booming homebuilding market. Martin Marietta Materials CEO Ward Nye was optimistic about his company's prospects on Monday as the Biden… Continue reading Martin Marietta Materials CEO is bullish as he expects more federal spending on roads

Martin Marietta Materials CEO is bullish as he expects more federal spending on roads

The Biden administration is expected to focus on infrastructure spending after a new Covid-19 stimulus bill is signed. Martin Marietta Materials CEO Ward Nye said he welcomed the White House's efforts, which come during a booming homebuilding market. Martin Marietta Materials CEO Ward Nye was optimistic about his company's prospects on Monday as the Biden… Continue reading Martin Marietta Materials CEO is bullish as he expects more federal spending on roads

Jim Cramer says the 'fear gauge' induced a buying opportunity in stocks

"Don't let last week's inflation scare freak you out," CNBC's Jim Cramer said. "The charts, according to Mark [Sebastian], suggest that the panic's over and the market is beginning to roar," the "Mad Money" host said. "A VIX spike is what happens when the fear gauge makes a hard move up out of nowhere and… Continue reading Jim Cramer says the 'fear gauge' induced a buying opportunity in stocks

Jim Cramer says the 'fear gauge' induced a buying opportunity in stocks

"Don't let last week's inflation scare freak you out," CNBC's Jim Cramer said. "The charts, according to Mark [Sebastian], suggest that the panic's over and the market is beginning to roar," the "Mad Money" host said. "A VIX spike is what happens when the fear gauge makes a hard move up out of nowhere and… Continue reading Jim Cramer says the 'fear gauge' induced a buying opportunity in stocks

'The best time to invest in bitcoin was yesterday,' says strategist as the cryptocurrency soars

Meltem Demirors of CoinShares told CNBC on Monday that the "best time to invest in bitcoin was yesterday." Her comments came as bitcoin's market value recently topped the $1 trillion mark, according to Coindesk. Meanwhile, NYU's Aswath Damodaran argues that bitcoin is "an incredible show to watch" but not an investment. As bitcoin continues on… Continue reading 'The best time to invest in bitcoin was yesterday,' says strategist as the cryptocurrency soars

Silver hits eight-year high, but traders urge caution on ETF

Silver is on a tear. The metal rallied 8% on Monday, touching its highest level since February 2013, as Reddit traders turned their attention to the commodities market. Discussions on silver on the WallStreetBets Reddit forum over the weekend appeared to be tied to the surge.    The SLV silver trust ETF climbed 7% in… Continue reading Silver hits eight-year high, but traders urge caution on ETF