The CNBC Investing Club with Jim Cramer hosted a “Morning Meeting” livestream, discussing key moments in the market. Despite the S & P 500 advancing by 0.7% on Thursday, tech giant Nvidia experienced a post-earnings decline, causing shares to tumble by 3.5%. While the company beat estimates on both the top and bottom lines, it
China’s gaming industry has recently been making waves with the release of Black Myth: Wukong, the country’s first attempt at a top-tier video game. This action-packed game, set in mythological China, soared to new heights by selling over 10 million units just three days after its launch on Aug. 20. This remarkable achievement has not
When it comes to investing in dividend stocks, one of the first companies that come to mind is EPR Properties (EPR). This real estate investment trust is focused on experiential properties like movie theaters, amusement parks, eat-and-play centers, and ski resorts. EPR offers an attractive dividend yield of 7.3%, making it a lucrative option for
The Federal Reserve’s decision to cut interest rates has left experts in a state of uncertainty regarding the future of the U.S. economy. The possibility of a recession looms over the horizon, causing concern among individuals, especially those nearing retirement. The risk of facing a sudden market decline poses a threat to the retirement nest
The year 2024 has seen a significant surge in restaurant bankruptcy filings, reflecting a broader trend of corporate bankruptcies across various sectors. At least 10 restaurant chains have already filed for bankruptcy, not including multi-unit franchisees, with three Chapter 11 filings occurring in August alone. This increase in bankruptcies can be attributed to a combination
As the season of fall foliage and pumpkin spice lattes approaches, job seekers may find themselves in a more promising job market. Many career experts believe in the “September surge,” a phenomenon where more job postings become available post-Labor Day. This surge is attributed to the end of the summer slowdown when job recruiters and
Dollar General, a well-known discount retailer catering to lower-income customers in rural areas, faced a significant setback when it slashed its sales and profit guidance for the full year. The company’s shares plummeted by 25% following the earnings report, indicating a growing concern among investors about its performance in the challenging economic environment. With fiscal
Automated 401(k) savings plans have been heralded as a game-changer in the realm of retirement planning. However, recent research has uncovered some critical flaws in the system that cast a shadow on their effectiveness. While policies like auto-enrollment and auto-escalation have been lauded for their potential to enhance workers’ nest eggs, the reality is far
The housing market continues to experience record-high prices, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index reflecting a 5.4% increase in June compared to the previous year. Despite rising mortgage interest rates, home prices have reached unprecedented levels. However, the annual gain in June was slightly lower than the previous month, indicating a
Chinese President Xi Jinping conveyed a message to U.S. national security advisor Jake Sullivan during a meeting, expressing Beijing’s desire for a positive relationship with Washington. Xi emphasized the importance of finding the right way for the two countries to coexist, despite the escalating tensions in recent years. Xi reiterated China’s commitment to a stable,