RH CEO explains why his company doesn’t have a social media presence
Economy

RH CEO explains why his company doesn’t have a social media presence

RH CEO Gary Friedman told CNBC’s Jim Cramer on Friday why the upscale home furnishing retailer doesn’t have any official social media accounts, saying paid promotions by online influencers aren’t authentic. “The great brands that stand the test of time, they earn it, right,” Friedman said. “They tell the truth. And, you know, having fake […]

Mad Money’s Jim Cramer discusses modern day tech and its struggle with traditional antitrust laws
Economy

Mad Money’s Jim Cramer discusses modern day tech and its struggle with traditional antitrust laws

Increased antitrust scrutiny against Big Tech companies is making us carefully examine the Justice Department’s lawsuit against Alphabet (GOOGL) and the potential implications for this Club holding and other mega-caps.Jim Cramer Monday spoke with Jonathan Kanter, assistant attorney general for the Antitrust Division at the Department of Justice, in an exclusive “Mad Money” interview. While… […]

‘Barbenheimer’s’ $246 million weekend joins ‘Star Wars’ and ‘Avengers’ as one of the biggest openings ever
Economy

‘Barbenheimer’s’ $246 million weekend joins ‘Star Wars’ and ‘Avengers’ as one of the biggest openings ever

In the end, “Barbenheimer” lived up to the hype.The release of Greta Gerwig’s “Barbie” and Christopher Nolan’s “Oppenheimer” on the same day drew moviegoers to cinemas in droves, and the double feature powered one of Hollywood’s biggest weekends ever.”Barbie” is a bright, quick-on-its-feet comedy, while “Oppenheimer” is an adult-oriented three-hour biopic. Still, the wildly different… […]

Cramer says keep it simple and wait for prices to drop
Economy

Cramer says keep it simple and wait for prices to drop

CNBC’s Jim Cramer preached a straightforward message on Monday: Keep it simple, stupid.Cramer urged investors to bide their time and wait for a swoon in a company’s price before buying. He touted “Magnificent Seven” tech stocks — Amazon, Apple, Alphabet, Meta, Tesla, Nvidia and Microsoft — as well as other prominent Nasdaq-listed companies like Salesforce… […]

Stocks making the biggest moves after hours: NXP Semiconductors, Whirlpool and more
Economy

Stocks making the biggest moves after hours: NXP Semiconductors, Whirlpool and more

NXP SemiconductorsSource: nxp.comCheck out the companies making headlines in extended trading.Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to analysts’ estimates for $928.8 million, according to StreetAccount. Revenue for services also missed expectations, coming in… […]