Skip to content
Trending
March 20, 2025NBA may bring back iconic highlight show ‘NBA Inside Stuff’ July 23, 2025June home sales drop as prices hit a record high September 30, 2025Nike will report earnings after the bell. Here’s what Wall Street expects February 3, 2025Honda’s new EV production revolution begins with $1 billion investment in Ohio March 5, 2025China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security June 22, 2025Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation March 3, 2025Here are the 3 things we’re watching in the stock market in the week ahead April 28, 2025Why we’re lowering our Bristol Myers price target despite an earnings beat, guidance raise December 13, 2025‘Stranger Things’ ushered in a new era for Netflix June 27, 2025Bank investors bet on looser regulation under Trump. They are starting to see it
  Thursday 8 October 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Earnings  Cramer says Broadcom is a buy for new investors, Apple stock’s less ‘treacherous’
Earnings

Cramer says Broadcom is a buy for new investors, Apple stock’s less ‘treacherous’

AdminAdmin—June 7, 20250
More stories

DeepSeek shocked the AI world this week. Here’s how tech CEOs responded

February 2, 2025

We’re raising our price target on retail stock TJX after a beat-and-raise quarter

November 19, 2025

HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook

March 28, 2025

Week in review: Stocks stumble, Nvidia bankrolls OpenAI, and iPhone sales surprise

September 27, 2025

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 Friday’s key moments. 1. U.S. stocks surged Friday following better-than-expected labor data. Nonfarm payrolls rose 139,000 in May, above the Dow Jones estimate of 125,000. The S & P 500 jumped more than 1% in early trading as a result, reaching levels not seen since late February. It’s great news, given U.S. corporations have been bracing against the impact of tariffs and the potential of a weakening economy. “Sometimes you get an employment number that really threads the needle,” Jim said. The Friday rally follows a late Thursday session sell-off due to a public feud between President Donald Trump and Tesla CEO Elon Musk. The plunge in the EV maker’s shares brought down the overall market. 2. Broadcom stock is down more than 2% Friday, a session after the chipmaker’s quarterly earnings report. The second-quarter print was great and its AI business continues to impress us. Still, the stock is dealing with some profit-taking following a big move into the Thursday evening earnings release. New Investors should buy Broadcom at current levels, Jim said. That’s because the long-term story for this stock is fantastic. 3. Apple’s annual worldwide developer conference kicks off Monday. Investors will watch closely for updates regarding its generative artificial intelligence system, Apple Intelligence. This follows a rocky year-long rollout of its new AI features like an improved Siri, which Jim described as “a bust.” The iPhone maker’s dealing with a slew of other troubles as well. Although the software-focused event is typically not a material catalyst, it was in 2024 and this year may surprise us again. “What I like about this is that it can bounce,” Jim said of Apple shares. “That makes it so it’s not nearly as treacherous as I thought it’d be.” 4. Stocks covered in Friday’s rapid fire at the end of the video were: Lululemon, McDonald’s , MP Materials, and Applied Materials . (Jim Cramer’s Charitable Trust is long AVGO, AAPL. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Why it’s getting even harder to get into airport lounges now
The world could be facing another ‘China shock,’ but it comes with a silver-lining
Related posts
  • Related posts
  • More from author
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Earnings

Salesforce’s raised guidance lifts the stock but doesn’t change our rating

December 17, 20250
Load more
Read also
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions