Category Archives: Investing

Investing

Jamie Dimon says CEOs `shouldn’t be crybabies about it’

Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images Banks have been one of the main beneficiaries of high inflation recently because their profit margins tend to expand when higher prices force central banks to raise interest rates. At least, that was the thinking as investors bid… Read More »

Fintech start-up MX names new CEO as firm prepares for sale or IPO

Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC has learned. Evans, who joined the Utah-based start-up in 2019 as chief revenue officer, is succeeding founder Ryan Caldwell, who will become… Read More »

Starlink internet service has more than 145,000 users so far

A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX on Thursday gave an update on its Starlink internet service, as the company launched more satellites into orbit. SpaceX engineer Jessie Anderson said during a webcast of the company’s first launch of the… Read More »

Cramer says it’s impossible to recommend Chinese stocks in a hostile communist regime

CNBC’s Jim Cramer said Wednesday he can’t recommend investors buy Chinese stocks because the communist government there is a “total wild card.” Chinese President Xi Jinping “does not like capitalism,” Cramer told “Squawk Box,” saying the leader of the world’s second-largest economy “may be the first totalitarian dictator in a long time.” Cramer’s comments came… Read More »

The most accurate analysts on Wall Street in 2021

A KKR logo is displayed on the floor of the New York Stock Exchange (NYSE), August 23, 2018. Brendan McDermid | Reuters Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart.   The year could be characterized by exciting events like a powerful influx of retail… Read More »

Here are five major predictions for 2022

It’s time for my best guesses for next year: 2022 is a year to go big and bold, because a boom is coming. Not a boom in everything, but certainly a lot of things. Some good, some not so good. Let’s talk about the booms to come.  ​​Friendly reminder: Don’t be a hero and consider these predictions… Read More »

Morgan Stanley picks stocks amid supply chain crisis

Cargo containers sit stacked on a ship on November 22, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first half of 2022.  That’s the base case the investment bank laid out in a recent… Read More »