Jim Cramer says these 5 high-yielding stocks have his stamp of approval

CNBC’s Jim Cramer on Tuesday offered investors a list of five high-yielding stocks they should have on their shopping lists. Here is his list: Ford Key Corp Federal Real Estate Devon Energy ONEOK The two-year Treasury recently jumped to about 4.3%, which is a sign that the Federal Reserve will continue to aggressively raise interest … Read more

Keurig Dr Pepper, CSX, Li Auto and more

Check out the companies making headlines before the bell: Keurig Dr Pepper – The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Street firm said it sees increased risk to Keurig’s margins as commodity inflation, particularly related to coffee, remains high. investment related news … Read more

Dow erases losses as tech rally helps overcome dollar pressure

The Dow Jones Industrial Average erased earlier losses as a rally in tech stocks offset dollar pressure. The Dow Jones fell 76 points, or 0.3%. The S&P 500 gained 0.2% and the Nasdaq Composite rose 1.1%. Consumer discretionary and information technology supported stocks, up 1.3% and 0.8%, respectively. Casino stocks outperformed after Macau said it … Read more

Apple may be seeing a demand split for iPhone 14 models, Bank of America says

According to Bank of America, there is a divergent picture of demand developing for Apple’s new iPhone lineup. Analyst Wamsi Mohan said in a note to customers on Monday that ship dates for the iPhone 14 Pro and iPhone 14 Pro Max — which have higher average selling prices than standard iPhones — have extended … Read more

Here’s our plan for Monday after another painful week to own stocks

Stocks took a beating this week as the Federal Reserve raised interest rates another 75 basis points, the third straight hike of this magnitude. It wasn’t the rate move – which the market had been pricing in – but Fed Chairman Jerome Powell’s hawkish comments on Wednesday that hurt stocks. It is now targeting a … Read more

As Treasury yields rise, here’s how to allocate your portfolio, pros say

The latest threat to equities is no longer macro risk – it’s rising 2-year Treasury yields, according to some fund managers and strategists. Short-term, relatively risk-free Treasury bonds and funds are back in the spotlight as the 2-year Treasury yield continues to climb. On Wednesday, it hit 4.1%, the highest level since 2007. On Thursday, … Read more

Charts suggest inflation could soon come down ‘substantially,’ Jim Cramer says

CNBC’s Jim Cramer said on Thursday that inflation could come down soon, based on chart analysis by legendary tech Larry Williams. “The charts, as interpreted by Larry Williams, suggest that inflation may soon cool significantly – soon – if history is any guide,” he said. The ‘Mad Money’ host’s comments come after the Federal Reserve … Read more

German government agrees nationalization deal for energy giant Uniper

Uniper received billions in financial aid from the German government following soaring gas and electricity prices following the Russian war in Ukraine. Image Alliance | Image Alliance | Getty Images The German government agreed to the nationalization of utility Uniper on Wednesday as it struggles to keep the industry afloat in the wake of a … Read more

Ford, Change Healthcare, Cognex and more

Take a look at some of the biggest pre-market movers: Ford (F) – The automaker’s stock fell 4.5% in premarket after warning that quarterly profits would take a roughly $1 billion hit due to higher supplier costs and shortages the rooms. These factors have contributed to a shortage of finished vehicles ready for sale. BioNTech … Read more

Sweden’s central bank launches 100 basis point rate hike

Sweden’s Riksbank on Tuesday launched a 100 basis point hike in interest rates as it seeks to contain inflation. Mikael Sjoberg/Bloomberg via Getty Images Sweden’s Riksbank launched a 100 basis point interest rate hike on Tuesday, taking its main benchmark rate to 1.75%, as it warned that “inflation is too high”. In a statement, the … Read more