CNBC’s Jim Cramer reviewed 10 stocks on Tuesday that have made surprising gains during the current economic downturn that he said would slow the market in a normal recessive environment. At the close on Tuesday, the S&P 500 has fallen 0.38% so far this year. “Entering the pandemic-induced recession, I …
Read More »
Eastman Kodak was fired on Tuesday after President Donald Trump announced an agreement to work with the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. Kodak shares soared over 60% in extended trading. The shares tripled during Tuesday’s regular exchange for its best day …
Read More »
Gerry Cardinale, CEO of Redbird Capital Partners LLC, sits down for a photograph in New York. Griselda San Martin | Bloomberg via Getty Images Private investment firm RedBird Capital Partners has announced that it has filed an application with the Securities and Exchange Commission as it seeks to go public …
Read More »
Amid the coronavirus crisis, Americans have largely abandoned cash in favor of credit cards or contactless payments. As a result, there are not enough pennies, nickels, nickels, and quarters for everyone. Now the US Mint, which makes coins, is asking for help. “There is an adequate amount of coins in …
Read More »
AMD’s shares hit another record on Monday, continuing to outperform its rival chipmaker Intel. Intel’s stock plummeted to end last week after delaying the launch of its 7-nanometer chip by six months. The two actions tell a very different story in the chip space. As AMD has recovered 49% this …
Read More »