We are buying 200 shares of Nextracker at roughly $34.20 Following the trade, Jim Cramer’s Charitable Trust will own 1,150 shares of NXT, increasing its weighting to 1.2% from 1%. We’re making one small buy on Friday because the market has drifted significantly lower since our Morning Meeting . We urged patience in the meeting
Environment
In this article SMR D SO CEG Follow your favorite stocksCREATE FREE ACCOUNT Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise
SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency
Crude oil futures were on pace for a deep weekly loss, as the OPEC+ decision to postpone a production hike failed to ease worries that supply would outstrip demand. The Brent global benchmark has fallen 7.2% and is on pace for its worst week since October 2023. The U.S. benchmark is down 5.4% for its
A little over three years ago, private equity investor Orlando Bravo called FTX the “most cutting-edge, sophisticated cryptocurrency exchange in the world,” as his buyout firm helped lead a $900 million investment in the company at a valuation of $18 billion. Bravo now tells CNBC that he and his firm, Thoma Bravo, are permanently out
U.S. crude oil traded above $69 per barrel on Thursday, hovering near a nine-month low as the market worries about the supply and demand balance for the rest of the year. The U.S. benchmark has shed more than 5% this week, while the Brent global benchmark is down 7.2%. Crude oil futures have lost all
CFOTO | Future Publishing | Getty Images Spot bitcoin exchange-traded funds had their worst day in over four months on Tuesday as investors pulled some of their money alongside a broader market selloff. More than $287 million was withdrawn from the 11 U.S.-listed ETFs, the biggest day for outflows since May 1, according to Farside
A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020. Esam Omran Al-fetori | Reuters U.S. crude oil gained more than 0.5% on Wednesday, rising from a nine-month low amid speculation that OPEC+ could delay a planned production increase slated for October. The
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Wall Street started the troublesome trading month of September with sharp declines. The S & P 500 , which closed its strong August on the upswing Friday, was down nearly
A general drone view shows the Nafoora oil field in Jakharrah, Libya, August 27, 2024. Jawhar Deehoum | Reuters U.S. crude oil futures fell more than 1% on Tuesday, largely returning to where they were at the end of last year, as OPEC+ is poised to increase production in coming weeks and China’s economy remains
In this photo illustration an OpenSea logo is displayed on a smartphone with stock market percentages in the background. Omar Marques | Lightrocket | Getty Images Crypto marketplace OpenSea has been added to the SEC’s list of targets, as the regulator extends its crackdown on the sector. The company’s CEO said in a post on
In this article XEL Follow your favorite stocksCREATE FREE ACCOUNT Power lines and transmission towers near the Ivanpah Solar Electric Generating System in the Mojave Desert in San Bernardino County, California, U.S., on Saturday, Feb. 19. 2022. Bloomberg | Bloomberg | Getty Images Artificial intelligence could strain the U.S. electric grid, as power demand from
U.S. crude oil futures rose Thursday to trade near $75 per barrel, after a two-day losing streak as traders weigh supply disruptions in Libya against slowing demand in China. Here are Thursday’s energy prices: West Texas Intermediate October contract: $74.92 per barrel, up 40 cents, or 0.54%. Year to date, U.S. crude oil has gained 4.6%.
Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi holds a press conference on the opening day of a quarterly meeting of the agency’s 35-nation Board of Governors in Vienna, Austria, November 22, 2023. Lisa Leutner | Reuters The head of the U.N. nuclear watchdog has pushed back against Moscow’s calls for further
Republican presidential nominee Donald Trump is pumping the Trump Organization’s new crypto platform, which has just been rebranded from “The DeFiant Ones,” to “World Liberty Financial.” In a post to his 90 million followers on X, the former president shared a video of himself with voiceover: “This afternoon, I’m laying out my plan to ensure
In this article .HSI INTC .DJI NVDA .SPX .IXIC AAPL MSFT Follow your favorite stocksCREATE FREE ACCOUNT A view of NVIDIA headquarters in Santa Clara of Silicon Valley, California, United States on August 28, 2024. Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC
In this article Follow your favorite stocksCREATE FREE ACCOUNT Geely-backed Zeekr is releasing an electric SUV in direct competition with Tesla’s Model Y. Zeekr Electric vehicle company Zeekr announced Friday that it would launch its first SUV in China next month, undercutting Tesla’s Model Y pricing in the country by over $1,400. The Zeekr 7X,
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares soared 34% on Thursday and were on pace for their best day in almost three
Workers inspect the Repository in ONKALO, a deep geological disposal underground facility, designed to safely store nuclear waste, on May 2, 2023, on the island of Eurajoki, western Finland. Jonathan Nackstrand | Afp | Getty Images Finland is on the cusp of burying spent nuclear fuel in the world’s first geological tomb, where it will
Jaque Silva | Lightrocket | Getty Images Affirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 14 cents adjusted vs. 51 cents expected
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