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Investors bolting from after Fed speech are too hasty, Jim Cramer says

CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt there will be more people bolting from stocks tomorrow morning, believing they’ve been given a tremendous opportunity to get out well …

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BQ, XBB omicron subvariants pose serious threat to boosters

Evusheld injection, a new COVID treatment that people can take before becoming symptomatic, in Chicago on Friday, Feb. 4, 2022. Chris Sweda | Tribune News Service | Getty Images The omicron subvariants that have become dominant in recent months present a serious threat to the effectiveness of the new boosters, …

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Delta, Tesla, Moderna and others

Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta jumped 3.8% in the premarket after the airline raised its current quarter forecast and issued an upbeat 2023 outlook, citing robust travel demand. Tesla (TSLA) – Goldman Sachs cut its price target for Tesla to …

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Delta 2023 earnings forecast sees ‘robust’ travel demand

Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines says the travel boom isn’t over. The airline expects its adjusted earnings to nearly double to …

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I like J.M. Smucker over Church & Dwight

Church & Dwight Co Inc: “I’ve got to tell you, some of the other growth stocks in the same category I might as well [buy instead]. J.M. Smucker, that’s a very good company. I think it’s a little bit cheaper.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s …

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Charts suggest it’s time to buy the dips in oil, Jim Cramer says

CNBC’s Jim Cramer on Tuesday advised investors to put cash to work in oil now that the sell-off is largely over. “The charts, as interpreted by Carley Garner, suggest that the oil speculators have been mostly wiped out, so it’s time to buy the dips because she wouldn’t be surprised …

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Constellation Energy and Sempra Energy are dependable utility stocks

CNBC’s Jim Cramer on Tuesday offered investors a list of utility stocks he believes should be on their shopping lists. “The utilities are a great place to hide when the economy’s deteriorating, but the best of them work even when the economy’s doing fine,” he said. related investing news Stocks …

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Arctic getting warmer, stormier from climate change: scientists

Martin Leonhard of the East Greenland Ice-Core Project (EastGRIP) operates snow blower putting a new snow floor for the winter-storage weather port tent at EastGRIP camp on August 9, 2022. EastGRIP is an international science station on the Greenland ice sheet, the second-largest ice body in the world after the …

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Used car prices are down 3.3% from a year ago, per inflation data

Westend61 | Westend61 | Getty Images In the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year ago. While the consumer price index — which measures price changes for a variety of consumer goods and services — was …

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Mortgage rates drop after CPI inflation report

A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images The average rate on the 30-year fixed mortgage dropped to 6.28% Tuesday, according to Mortgage News Daily. It is now at the lowest level since mid-September. The decline came after a …

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