Visits: 26 It was a very busy week here at the CNBC Investing Club — no major shakeups to the portfolio, but we still made lots of trades to take advantage of this turbulent market. Bottom line The lingering effects …
China’s e-commerce giant Pinduoduo quietly launches U.S. shopping site in Amazon challenge
Visits: 22 In this article PDD Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and JD.com when it comes to international expansion. Now Pinduoduo has launched a U.S. e-commerce site called Temu. Rafael Henrique | Sopa Images | …
Lululemon jumps after it boosts outlook and posts strong earnings beat
Visits: 25 In this article LULU Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging …
Walmart-owned Sam’s Club raises annual membership fee for the first time in nine years
Visits: 29 In this article WMT A sign hangs outside a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson |Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual fees this fall, as the …
McDonald’s U.S. head says California fast-food bill unfairly targets big chains
Visits: 21 In this article MCD A sign is posted in front of a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images The head of McDonald’s U.S. on Wednesday publicly criticized a landmark …
How we’re positioning our portfolio heading into the worst month of the year
Visits: 18 Historically, September is seasonally weak for the market and considered the worst month of the year for stocks. This year, that dynamic could be exacerbated by another expected Federal Reserve interest rate hike to fight persistently high inflation …
We’re buying some more tech and two of our newer stocks in a down market
Visits: 23 In a down market, we’re buying 95 shares of Amazon (AMZN) at roughly $129 each; 50 shares of Qualcomm (QCOM) at roughly $137; 150 shares of Starbucks (SBUX) at roughly $83; and 200 shares of TJX Companies (TJX) …
3 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
Visits: 15 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: Putting cash to work as stocks slide Buying shares of AMZN, QCOM, TJX …
Where Amazon is heading in health after the Amazon Care failure
Visits: 22 In this article SGFY ONEM AMZN In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background. Thiago Prudêncio | SOPA Images | Lightrocket | Getty Images Chalk …
Here’s how Peloton CEO Barry McCarthy’s turnaround plan is going
Visits: 18 In this article PTON Barry McCarthy speaks during an interview with CNBC on floor of the New York Stock Exchange (NYSE), October 28, 2019. Brendan McDermid | Reuters Peloton investors are fleeing after the company’s discouraging fourth quarter. …