Cramer: Buy DraftKings Stock Despite Recent Losses
CNBC's Jim Cramer recommends buying DraftKings stock due to its historical performance during NFL playoffs, expansion into new markets, and the expectation that unusually high win rates for gamblers will normalize, boosting profits; however, he warns that a disclosure similar to Flutter's could caus...
Cramer: Buy DraftKings Stock Despite Recent Losses
CNBC's Jim Cramer recommends buying DraftKings stock due to its historical performance during NFL playoffs, expansion into new markets, and the expectation that unusually high win rates for gamblers will normalize, boosting profits; however, he warns that a disclosure similar to Flutter's could caus...
Progress
40% Bias Score
Stellantis Prioritizes U.S. Market Share Regain in 2024
Stellantis, facing declining U.S. sales since 2018, aims to regain market share in 2024 by improving dealer relations, offering incentives, and launching new products; its U.S. market share fell from 12.6% in 2019 to 9.6% in 2023.
Stellantis Prioritizes U.S. Market Share Regain in 2024
Stellantis, facing declining U.S. sales since 2018, aims to regain market share in 2024 by improving dealer relations, offering incentives, and launching new products; its U.S. market share fell from 12.6% in 2019 to 9.6% in 2023.
Progress
48% Bias Score
Trump Organization Unveils New Ethics Plan to Limit President's Business Involvement
The Trump Organization unveiled a new ethics plan limiting President-elect Trump's business involvement, placing his investments in a trust managed by his children and outside institutions, prohibiting new foreign government contracts (except for ordinary course transactions), and donating foreign g...
Trump Organization Unveils New Ethics Plan to Limit President's Business Involvement
The Trump Organization unveiled a new ethics plan limiting President-elect Trump's business involvement, placing his investments in a trust managed by his children and outside institutions, prohibiting new foreign government contracts (except for ordinary course transactions), and donating foreign g...
Progress
56% Bias Score
Markets Reopen, Wildfires Cause Billions in Losses, Delta Reports Strong Earnings
U.S. markets resumed trading after a day of mourning for Jimmy Carter, with stock futures slightly lower; devastating California wildfires may cause up to $50 billion in economic losses; Delta Air Lines reported strong Q4 results, and Donald Trump's request to block his hush-money case sentencing wa...
Markets Reopen, Wildfires Cause Billions in Losses, Delta Reports Strong Earnings
U.S. markets resumed trading after a day of mourning for Jimmy Carter, with stock futures slightly lower; devastating California wildfires may cause up to $50 billion in economic losses; Delta Air Lines reported strong Q4 results, and Donald Trump's request to block his hush-money case sentencing wa...
Progress
48% Bias Score
Strong Jobs Report Sends Interest Rates Soaring, Market Dips
The U.S. added 256,000 jobs in December, exceeding forecasts and lowering unemployment to 4.1%, which caused interest rates to spike, impacting the stock market negatively; upcoming inflation reports will shape future market direction.
Strong Jobs Report Sends Interest Rates Soaring, Market Dips
The U.S. added 256,000 jobs in December, exceeding forecasts and lowering unemployment to 4.1%, which caused interest rates to spike, impacting the stock market negatively; upcoming inflation reports will shape future market direction.
Progress
32% Bias Score
US Job Report, Global Market Fluctuations, and UK Gilt Yields
The upcoming U.S. jobs report is expected to show slower job growth (155,000 vs 227,000 in November), while Goldman Sachs and Citigroup forecast even weaker numbers; Asia-Pacific markets fell on Friday, and China's CSI 300 lost 1.25% after the People's Bank of China suspended bond purchases; U.K. 30...
US Job Report, Global Market Fluctuations, and UK Gilt Yields
The upcoming U.S. jobs report is expected to show slower job growth (155,000 vs 227,000 in November), while Goldman Sachs and Citigroup forecast even weaker numbers; Asia-Pacific markets fell on Friday, and China's CSI 300 lost 1.25% after the People's Bank of China suspended bond purchases; U.K. 30...
Progress
32% Bias Score
Strong Jobs Report Impacts CNBC Investing Club Portfolio
The CNBC Investing Club's Friday Morning Meeting discussed market reactions to the December jobs report (256,000 jobs added), impacting the portfolio by causing a sell-off and affecting stocks like Constellation Brands (-12%) while others like Home Depot (+1%) performed better. Costco also showed st...
Strong Jobs Report Impacts CNBC Investing Club Portfolio
The CNBC Investing Club's Friday Morning Meeting discussed market reactions to the December jobs report (256,000 jobs added), impacting the portfolio by causing a sell-off and affecting stocks like Constellation Brands (-12%) while others like Home Depot (+1%) performed better. Costco also showed st...
Progress
44% Bias Score
Minimum Wage Increases Across US States and Localities
Twenty-one states raised their minimum wages on January 1, 2025, with some cities and counties independently setting significantly higher minimums; for instance, several Washington and California localities have minimum wages above $20 per hour, while others are approaching that mark, according to t...
Minimum Wage Increases Across US States and Localities
Twenty-one states raised their minimum wages on January 1, 2025, with some cities and counties independently setting significantly higher minimums; for instance, several Washington and California localities have minimum wages above $20 per hour, while others are approaching that mark, according to t...
Progress
48% Bias Score
Nordstrom Raises Sales Outlook After Strong Holiday Season
Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.
Nordstrom Raises Sales Outlook After Strong Holiday Season
Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.
Progress
36% Bias Score
PBOC Halts Bond Purchases to Counter Yuan Weakness
China's central bank halted government bond purchases on Friday to counter a weakening yuan and record-low bond yields, driven by a widening yield gap with U.S. bonds and expectations of future stimulus. The move aims to stabilize the currency and increase yields.
PBOC Halts Bond Purchases to Counter Yuan Weakness
China's central bank halted government bond purchases on Friday to counter a weakening yuan and record-low bond yields, driven by a widening yield gap with U.S. bonds and expectations of future stimulus. The move aims to stabilize the currency and increase yields.
Progress
24% Bias Score
Biden Administration to Propose Nicotine Limit in Cigarettes
The Biden administration is expected to propose a nicotine limit in cigarettes next week, aiming to reduce smoking-related deaths, which number over 480,000 annually in the U.S., according to the CDC, a move that follows the failure to ban menthol cigarettes and builds on a 2017 FDA plan to regulate...
Biden Administration to Propose Nicotine Limit in Cigarettes
The Biden administration is expected to propose a nicotine limit in cigarettes next week, aiming to reduce smoking-related deaths, which number over 480,000 annually in the U.S., according to the CDC, a move that follows the failure to ban menthol cigarettes and builds on a 2017 FDA plan to regulate...
Progress
40% Bias Score
China's Economic Slowdown Drives Record Low Government Bond Yields
Due to weak loan demand from consumers and businesses amid a slowing Chinese economy, Chinese banks are investing heavily in government bonds, driving yields to record lows; this reflects the lack of attractive alternatives and persistent deflationary pressures, while the central bank recently halte...
China's Economic Slowdown Drives Record Low Government Bond Yields
Due to weak loan demand from consumers and businesses amid a slowing Chinese economy, Chinese banks are investing heavily in government bonds, driving yields to record lows; this reflects the lack of attractive alternatives and persistent deflationary pressures, while the central bank recently halte...
Progress
44% Bias Score