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We're trimming 2 stocks — a surging AI winner and one that's left plenty to be desired
We are selling 50 shares of Corning at roughly $200.76 and 275 shares of Wells Fargo at roughly $78.82. Following the trades, Jim Cramer's Charitable Trust will own 550 shares of GLW, decreasing its weighting in the portfolio to 2.75% from 3%. It will also own 1,400 shares of WFC, decreasing its weighting to 2.75% from 3.25%.
QXO Kicks Off $3 Billion Loan Sale in M&A Debt Deal for TopBuild
A group of banks led by Wells Fargo & Co. kicked off a $3 billion leveraged loan sale as part of a larger debt package to finance building products distributor QXO Building Products Inc.’s purchase of rival TopBuild Corp.
Jim Cramer's top 10 things to watch in the stock market Thursday
My top 10 things to watch Thursday, June 4 1. The S & P 500 is headed for a lower open, led by a decline in chip stocks after Broadcom failed to raise guidance enough. The Club stock is sinking 15% this morning.
Honeywell's aerospace spin approaches key milestone. Plus, the new stock supply problem
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 initially was on track to snap its eight-session winning streak during the first hour of trading on Tuesday, but stocks staged a slight rally that put both the S & P 500 and Nasdaq on pace to close at record highs. We'll see if that holds through the last few hours of trading.
We're starting a position in a chipmaker that is benefiting from the AI boom in multiple ways
Shortly after the opening bell, we will be initiating a position in Intel , buying 400 shares at roughly $114. Following the trade, Jim Cramer's Charitable Trust will own 400 shares of INTC with a weighting of about 1.10%. We're jumping on the recent pullback in Intel to initiate a new position in this chipmaker.
Philadelphia: A travel guide to the 2026 World Cup host city
Philadelphia will host five World Cup group games as well as a Round of 16 clash on 4 July – exactly 250 years after the Declaration of Independence was signed in the historic city. Get set for a dose of American history when the World Cup hits Philadelphia this summer. A famously cracked bell, a weathered fictional fighter and cheesesteaks are all part of the sports menu during the six matches taking place at Lincoln Financial Field, home of the two-time NFL Super Bowl champions the...