Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Carvana : Shares of the buying and selling online platform were soaring 35% on Thursday after a record first quarter. CEO Ernie Garcia realized, unlike Wall Street analysts had, that he was OK after getting the Apollo money, … Read more
CNBC’s Jim Cramer admitted it’s been hard to “parse this economy,” but on Tuesday he pointed to signs that it is slowing down, looking at several recent weak earnings reports and new U.S. manufacturing and services data. Cramer referred to these factors as “brown shoots” that are disrupting U.S. economic growth. “When you combine the … Read more
Traders react after the closing bell on the floor at the New York Stock Exchange on March 20, 2024. Brendan Mcdermid | Reuters The S&P 500 was flat Thursday as it aimed to wrap up its best first-quarter performance in five years. The broad market index was teetering around flat, as was the Dow Jones … Read more
