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Cramer points to stocks receiving tailwind from Fed’s dovish meeting

CNBC’s Jim Cramer highlighted some stocks that benefited from the dovish Federal Reserve meeting on Wednesday, and outside of Tesla, none were members of the Magnificent Seven that have managed to go against the downward market trends. “And it left a host of new winners in its path, winners that …

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Why Shohei Ohtani’s $700 million contract and deferred income is risky

Shohei Ohtani, formerly of the Los Angeles Angels, pitches during a game in Anaheim, California, on July 6, 2021. Daniel Shirey | Major League Baseball | Getty Images Shohei Ohtani made history this week with a 10-year, $700 million contract to play for Major League Baseball’s Los Angeles Dodgers. The …

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The top 15 jobs people most want to quit—No. 1 pays $144,000 a year

Masses of highly paid tech workers say they plan to quit their jobs, and health care workers aren’t far behind. Workers in the two fields dominate Payscale’s latest list of the top roles employees said they were planning to leave within 6 months, based on employee-reported data from more than …

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Why 401(k), IRA balances fell for some millennial, Gen X investors

Valentinrussanov | E+ | Getty Images Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets like stocks over that period, according to new research. However, the loss isn’t necessarily as bad as it may initially seem, financial experts said. Median combined 401(k) plans and …

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Stocks are soaring. How can investors take advantage?

Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City. Michael M. Santiago | Getty Images The stock market is having a holiday party. But financial advisors urge investors to use caution for before joining in. “Don’t fall …

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Buffett’s Berkshire buys more Occidental in endorsement of Permian Basin-related purchase

The Occidental Petroleum Headquarters is seen on December 11, 2023 in The Woodlands, Texas. Brandon Bell | Getty Images News | Getty Images Berkshire Hathaway has purchased more than 10 million shares of Occidental Petroleum this week worth $588 million, signaling confidence in the oil producer’s pending acquisition of CrownRock. …

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CrowdStrike CEO George Kurtz on China, Microsoft and the SEC

CrowdStrike Chief Executive George Kurtz is photographed in the company’s offices. Katie Falkenberg | Los Angeles Times | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock price surge more than 135%, beating out larger rivals and the broader indexes. It’s …

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Ted Leonsis’s vision of $10 billion regional sports empire in DC

Monumental Sports & Entertainment CEO Ted Leonsis (R), speaks as Virginia Gov. Glenn Youngkin (L) looks on during the announcement of a new sports arena for the Washington Wizards NBA basketball team and Washington Capitals NHL hockey team, on December 13, 2023 Virginia. Win Mcnamee | Getty Images News | …

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Amazon to connect Kuiper internet satellites with laser links

A visualization of laser links connecting Kuiper satellites in orbit around the Earth. Amazon Amazon will include a key speed-boosting technology in its coming Project Kuiper internet satellites, the company announced Thursday. Amazon says it tested the laser link tech successfully during its recent Protoflight mission. Traditionally, satellites are limited …

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LinkedIn shelved plan to migrate to Microsoft Azure cloud

Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images LinkedIn has set aside an effort to relocate its data center technology out of its physical facilities and into Microsoft’s Azure cloud, according to people familiar with the matter. …

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