Author: Daniel snow
We are selling 500 shares of Coterra Energy at roughly $25.56 each. Following the trade, Jim Cramer’s Charitable Trust will own 2,600 shares, decreasing our weighting to about 1.80% from about 2.17%. We’ve recently made several sales in winners, trimming our positions in Goldman Sachs , Broadcom , Disney , and CrowdStrike , as well as Eaton , following some significant moves to new highs. However, limiting sales to winners is a cardinal sin of managing a portfolio. If you never sell the bad ones in a portfolio, you’ll be stuck waiting for a bunch of underperforming stocks to improve…
Could the old-fashioned workplace canteen be making a comeback? Source link
U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | ReutersPresident Donald Trump on Tuesday threatened to impose up to 200% tariffs on pharmaceuticals imported into the U.S. “very soon.” “They’re going to be tariffs at very high rate, like 200%,” Trump said during a Cabinet meeting. But he suggested that those levies would not go into effect immediately, saying he will “give people about a year, year and a half””We’ll give them a certain period of time to get their act together,”…
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on July 8, 2025. Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump said he will impose a 50% tariff on copper imports on Tuesday, and suggested more steep sector-specific duties are on the way.”Today, we’re doing copper,” Trump said during a Cabinet meeting at the White House. “I believe the tariff on copper, we’re going to make it 50%.” He did not say specifically when that tariff would take effect.Trump also said he would soon announce tariffs “at a…
Honeywell shares were on track for a record-high close Tuesday after the industrial conglomerate said it is re-evaluating what to do with two lagging businesses ahead of its planned three-way split. The news Honeywell announced Tuesday it is exploring strategic alternatives for its productivity solutions and services (PSS) unit and its warehouse and workflow solutions (WSS) segment. Getting rid of these businesses would streamline the company’s automation portfolio. Automation will be one of the three publicly traded companies that result from Honeywell’s upcoming breakup. Aerospace and advanced materials will be the other two. Both of these businesses — which serve…
Waymo announced it is now offering teen accounts for its self-driving car service Waymo One, beginning in Phoenix, Arizona.Courtesy of WaymoWaymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix.The Alphabet-owned company said that, beginning Tuesday, parents in Phoenix can use their Waymo accounts “to invite their teen into the program, pairing them together.” Once their account is activated, teens can hail fully autonomous rides.Previously, users were required to be at least 18 years old to sign up for a Waymo account, but the age range expansion comes as the company seeks to increase…
Indian Prime Minister Narendra Modi arrives at the White House to meet with U.S. President Donald Trump on Feb. 13, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty ImagesElon Musk’s X said Tuesday that the Indian government ordered the company to block 2,355 accounts, including Reuters, in the country.”The Ministry of Electronics and Information Technology demanded immediate action- within one hour- without providing justification, and required the accounts to remain blocked until further notice,” X’s global government affairs account posted.The main Reuters account, along with ReutersWorld, was blocked Saturday for users in India, the news service said.…
There were already exemptions for younger and older travelers, and paying TSA PreCheck customers, but a coming policy change will end sock-footed shuffles through security lines for all. Source link
Some young American families will soon be getting a gift from Uncle Sam.The sweeping budget bill that President Donald Trump signed into law on Friday included a provision for the creation of investment accounts that parents can open on behalf of children under 18. And for U.S. citizens born from 2025 through 2028, the government will seed the accounts with an initial contribution of $1,000.Republican lawmakers have nicknamed these vehicles “Trump accounts,” but the idea of creating so-called baby bonds has been around for a while. Hillary Clinton brought up the idea during her 2007 campaign, for example, and Democratic…
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. 1. The S & P 500 was flat Tuesday following Monday’s slight pullback due to a mix of profit-taking and tariff worries. On Monday, President Donald Trump hit 14 countries with new tariff rates including some of our larger trading partners, such as Japan and South Korea, slated to start Aug. 1. “What’s happening right now is that the individual investors are fine. The institutions don’t like it. The institutions are selling,” Jim Cramer said.…