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Jim Cramer says Wall Street’s latest trading trend is creating buying opportunities

Tech CNBC’s Jim Cramer on Monday said Wall Street’s “basket trades” during the Iran war are distorting stock prices, urging investors to use the dislocations to their advantage. “The best thing? They create real opportunities, as the stocks divorce themselves from the fundamentals until the companies report,” the “Mad Money” host said. “There are big […]

1 min read

Michigan reports first two deaths linked to cyclospora outbreak

BBC News Michigan health officials have confirmed the first two deaths linked to the ongoing cyclospora outbreak, a parasitic infection spread through contaminated food or water that can cause severe diarrhoea. The two individuals had “significant underlying health conditions that may have been impacted by cyclosporiasis and dehydration”, state health authorities said. The foodborne illness […]

2 mins read

Jim Cramer says the market has warmed up to Big Tech’s AI spending. Here’s what flipped the switch

Tech CNBC’s Jim Cramer said on Monday that Amazon CEO Andy Jassy’s earnings call changed how Wall Street views massive artificial intelligence investments. “Until Jassy spoke, the market seemed highly skeptical of how these megacap tech companies were spending money,” the “Mad Money” host said. “That’s no longer the case.” For months, investors had questioned […]