Economy

Economy
Economy

Cramer pours cold water on Rocket Companies before earnings

On the Friday, Sept. 18, episode of “Mad Money,” a caller asked Jim Cramer what to do with shares of Rocket Companies (RKT). His answer was that he can’t recommend it. Two days after, Rocket’s stock closed the week down 5.82% and 38.18% year to date. The Federal Reserve had raised interest rates for the

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Economy

Southwest Airlines quietly exits entire markets

Southwest Airlines has gone through more changes in the last four years than in the four decades since it first began flying out of Dallas in 1971 as one of the country’s earliest low-cost airlines. After hedge fund Elliott Investment Management acquired enough shares to call board votes at the end of 2024, the airline

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Economy

Bank of America hikes S&P 500 target after Al trade cracks

Every big call on the S&P 500 has an expiration date. When the bearish thesis breaks, the strategists who called it usually stop repeating it. Bank of America’s team just did both this week. A more bullish market call, quietly BofA’s US Equity and Quant Strategy team lifted its 2026 year-end S&P 500 target to

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Economy

Industrial CEO drops staggering take on AI energy

Eaton Corporation’s (ETN) stock rose last week. Shares of the Dublin-based power management company closed at $424.77 on September 18, a gain of about 7.9% over five trading days. The stock is now up close to 30% for the year, giving Eaton a market value of around $165 billion. What drove the increase was Morgan

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Economy

Musk’s SpaceX $100B day reveals a volatile baseline

Every SpaceX (SPCX) print has a new record, and the latest session added another gain that traders may read as institutional conviction.  That reading clashes with the stock’s short trading history since its June 2026 debut, when thin supply began distorting what appears to be directional buying.  SPCX added about $100 billion in market value

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Economy

Jim Cramer sends strong signal to Apple stock investors

Veteran analyst Jim Cramer sees something in Apple’s (AAPL) latest launch that is more than a reason for its customers to buy another replacement phone. After visiting Apple’s Manhattan store, the CNBC host praised the iPhone 18 but reserved his strongest enthusiasm for the foldable Duo. He plans to buy it as a second phone,

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Economy

Chevron CEO sends a strong message on oil price and the economy

Americans have paid about $97 billion more for fuel since the Iran war started in late February, roughly $740 extra per household, according to CNN. President Trump says prices will come down after the midterms. The CEO of Chevron just said publicly he does not see how that happens quickly. Mike Wirth, Chevron’s chairman and

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Economy

A seven-year standoff over Venezuelan gold nears its end

Gold is the asset people buy when they have stopped believing in promises. Then most of them hand it to a bank in another country for safekeeping, which is itself a promise. That arrangement is older than most of the world’s central banks. The Bank of England has provided gold custody services to developing nations

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Economy

Bank of America resets Amazon stock forecast on delivery plan

Every fast delivery promise in American retail rests on a single measurement. It is the distance between your order and your doormat. For two decades, Amazon (AMZN) closed that distance with scale. Enormous fulfillment centers, regionalized inventory, a cargo air fleet, and eventually a delivery van network of its own. Walmart (WMT) closed it a

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Economy

Huang just doubled his chip forecast and blocked a regulator

Chief executives get two microphones. One is bolted to an earnings call, where every number carries legal weight and a team of lawyers reads it first. The other is a hallway, a stage, or a scrum of reporters, where the same person can say almost anything. Nvidia (NVDA) has used both for three years, and

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