Author: Daniel snow

Jim Cramer’s mantra for this market — plus, buy this stock on weakness

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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 Monday’s key moments. 1. Stocks were higher across the board Monday morning, building off Friday’s record close for the S & P 500 . Throughout Monday’s meeting, Jim talked stressed the importance of investors staying focused on the fundamentals right now and not paying too much attention to all the chatter about Federal Reserve rate cuts. “What we’re really looking for if we want to help each other make money is secular growing stocks, growth stocks that can…

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Robinhood grows its global crypto footprint with U.S. stock tokens

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CANNES — Fifteen years after flipping burgers at a McDonald’s and teaching himself to code at night in a cramped apartment near the French Riviera, Robinhood crypto chief Johann Kerbrat is back. The last time he lived around Cannes, he was 21 — with no connections, no funding, and no formal business training. But he had a knack for programming and a drive to solve real-world problems. Kerbrat quit his job just before starting university in nearby Nice, and soon after launched his first fintech startup: a no-code payments company built from scratch to help small merchants create e-commerce sites…

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Oracle stock jumps after $30 billion annual cloud deal

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Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025.Joe Raedle | Getty ImagesOracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually.CEO Safra Catz is slated to share the deal news at a company meeting Monday, according to a filing with the Securities and Exchange Commission. The revenues are expected to start hitting in the 2028 fiscal year.”Oracle is off to a strong start in FY26,” Catz is expected to say, according to the filing. “Our MultiCloud database revenue continues…

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New WNBA teams in Cleveland, Detroit and Philadelphia announced

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Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024.Nathaniel S. Butler | National Basketball Association | Getty ImagesThe WNBA announced on Monday it has awarded three new expansion teams to Cleveland, Detroit and Philadelphia, growing the league to 18 teams over the next five years.WNBA Commissioner Cathy Engelbert called it a “truly monumental day” for the league.”These are powerful cities filled with passionate fan bases,” she said. “This is a bold…

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