Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday.”We’ve seen in the last couple of years, actually, [the shipping container] market remaining surprisingly resilient to all the fear of recessions that…

I am initiating coverage on DexCom, Inc. (NASDAQ:DXCM) following its Q2 2024 earnings release on Thursday, July 25th. DexCom, Inc. is a medical device company focused on insulin monitoring, specifically continuous glucose monitors that help track insulin levels throughout the day. The company’s revenue is generated primarily from sales of…

Shortly after the opening bell, we will be buying 75 shares of Advanced Micro Devices at roughly $135.30 and 25 shares of Eaton at roughly $274.48. Following the trades, Jim Cramer’s Charitable Trust will own 425 shares of AMD, increasing its weighting to 1.85% from 1.53%, and 300 shares of Eaton,…

Vice President Kamala Harris chose Minnesota Gov. Tim Walz as her Democratic running mate for the 2024 presidential election, three people familiar with the choice tell NBC News. The two are scheduled to appear together later in the day Tuesday in Philadelphia.Walz, 60, in the past two weeks has been…

Game of monopoly How big can Big Tech get before Big Tech could get wrecked? Say that 10x fast. Tongue twisters, market twisters, and even legal twisters are enveloping the high-flying tech industry, which has helped propel stocks to record highs in 2024 – until yesterday. The Nasdaq (COMP:IND) plunged…

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now.Asked whether weakening in the labor market and manufacturing sector could prompt a response from the Fed, Goolsbee did…

We’re making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. Shortly after the opening bell, we are exiting our position in Ford , selling all of our 5,550 shares at roughly $9.48. We are also exiting our position in Wynn Resorts…

What a difference a day makes! After a two-week correction of nearly 5%, the S&P 500 (SPX) spent the first part of last week rallying in anticipation of a friendly Fed meeting. That Fed meeting Wednesday produced the expected, namely that a rate cut in September was likely. That pushed…

Earlier this year, Sam Dogen quit his job.For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out.For one, it was his first gig since 2012.Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting…

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head swim coach for a metro Detroit team. Her older brother’s reaction looked more like surprise.At 18 years old, Jogan has spent the summer organizing meets as staff leader of the…