News
Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee giant next month. Instead, Starbucks says Niccol can live in his home in Newport Beach, California and commute to Starbucks’ head office 1,000 miles away on a corporate jet,…
Shortly after the opening bell, we will be selling 100 shares of Morgan Stanley at roughly $100.85. Following the trade, Jim Cramer’s Charitable Trust will own 1,000 shares of MS, decreasing its weighting to 3.06% from 3.35%. We’re raising cash Tuesday because the S & P 500 and Nasdaq ‘s…
Thesis My analysis points out that Ituran Location and Control Ltd. (NASDAQ:ITRN) had solid Q2 2024 numbers, with a GAAP EPS of $0.66 and $84.9 million in revenue. Despite that, the stock isn’t hitting the marks people expected. Even though Ituran announced a $0.39 dividend, showing strong profits, investors might…
Shortly after the opening bell, we will be exiting our position in Estee Lauder , selling 330 shares at roughly $96.30 Following the trade, Jim Cramer’s Charitable Trust will no longer own a position in EL. We’re selling our remaining small position in Estee Lauder. Shares are slightly higher in…
LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC.The sources, who preferred not to be named due to the sensitivity of the situation, said that Angela Bacares, Lynch’s wife, was confirmed as…
Although the stock market has recovered nearly all the losses from the recent selloff, and fresh economic data has eased concerns of a recession, a cautious stance remains appropriate in the current environment. This makes investments with a quality approach a simple and efficient alternative at this moment, as they…
Investors may want to consider buffer ETFs to hedge the recent market volatility.Bruce Bond, CEO of Innovator ETFs, sees an opportunity in buffer exchange-traded funds to offer some protection from the market’s downside.”This [strategy] fits a group of people that are interested in getting exposure to the market, but not…
The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap. But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick…
About a year ago, I called Astronics (NASDAQ:ATRO) (OTCPK:ATROB) still no high-flier after the former roll-up story has seen real stagnation. Ever since, the company has continued to deliver on modest improvements, posting double-digit sales growth while demonstrating on modest operating leverage, amidst a growing backlog. This was all to…
I’m from Loma Linda, California, a small city known as the only Blue Zone in America. Studies have shown that residents live up to around a decade longer than the rest of the United States. Today, much of my work is informed by my upbringing, and the strong emphasis my community…