CNBC’s Jim Cramer offered reasons for Wall Street’s wild reversal Thursday, with the major U.S. stock indexes shaking off steep losses early in the session related to Russia’s invasion of Ukraine and finishing in the green. “We’ve had ages to figure out that Russia would invade Ukraine. Our government has been warning us about this
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American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’ve been in a heightened sense of security around the resiliency, particularly cyber and physical security. This industry has been obviously working with our government partners for a long
In this article WMT The Walmart+ home screen on a laptop computer in Brooklyn, New York on Wednesday, Nov. 18, 2020. Gabby Jones | Bloomberg | Getty Images Walmart is giving customers a new reason to sign up and stick with the subscription service Walmart+: exclusive deals on items from air fryers to exercise bikes.
Maryland National Guard Specialist James Truong (L) administers a Moderna coronavirus vaccine at CASA de Maryland’s Wheaton Welcome Center on May 21, 2021 in Wheaton, Maryland. Chip Somodevilla | Getty Images Senior executives at Moderna on Thursday said Covid-19 is shifting from a pandemic to an endemic phase in some parts of the world, with
In this article NKLA San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Images Shares of
In this article @PA.1 A chip made by Taiwan Semiconductor Manufacturing Company TSMC Russia’s invasion of Ukraine could further strain the supplies of semiconductor chips that have already caused global production disruptions for tech companies and automakers for more than a year. Russia and Ukraine are critical suppliers of neon gas and palladium that are
An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisions on new oil and gas leases and permits after a Louisiana federal judge blocked officials from using higher cost estimates of
In this article NDX1-DE SGRE-ES New wind turbines being built at a wind farm in Germany on October 12, 2021. Sean Gallup | Getty Images News | Getty Images Europe installed 17.4 gigawatts of wind power capacity in 2021, according to figures from industry body WindEurope, a record amount and an 18% increase compared to
In this article GCI SEAS LYV BABA MRNA W Check out the companies making headlines before the bell: Live Nation (LYV) – The live event producer’s shares jumped 5.4% in a down market after reporting better-than-expected quarterly revenue and saying it has already sold 45 million tickets for 2022 events even as ticket prices rise
David Beckham appears at an event in Singapore. Suhaimi Abdullah | Getty Images Retail and entertainment conglomerate Authentic Brands Group announced Thursday it has entered into a partnership to co-own and oversee David Beckham’s global brand management firm. Authentic Brands declined to disclose financial terms of the deal. A person familiar with the transaction said
In this article MRNA The Moderna Covid-19 vaccine is prepared for administration ahead of a free distribution of over the counter rapid Covid-19 test kits to people receiving their vaccines or boosters at Union Station in Los Angeles, California on January 7, 2022. Frederic J. Brown | AFP | Getty Images Moderna on Thursday said
In this article BIRD A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds shares tumbled in after-hours trading Wednesday as the sneaker retailer revealed mounting costs in the fourth quarter that weighed on profits and overshadowed double-digit