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Seagate is not for this market

Seagate Technology Holdings PLC: “I don’t want you to buy any more, because it’s just not a high-quality enough stock during this period in the cycle. … It’s not for this market.” Advanced Micro Devices Inc: “Advanced Micro’s already come down a great deal, and I have a very good …

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Jim Cramer says he likes these 3 restaurant stocks

CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the economy’s normalizing here, or at least the Fed chief thinks it could be soon to normalize. And in a normal …

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Fauci calls out a bad job of vaccinating elderly

Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, testifies at a Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies hearing to discuss President Biden’s fiscal year 2023 budget request for the National Institute of Health on Capitol Hill in Washington, …

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Big Las Vegas property owner to take full ownership of two casinos

The largest property owner on the Las Vegas Strip is doubling down and taking full ownership of the MGM Grand Las Vegas and Mandalay Bay, which the deal values at $5.5 billion. VICI Properties, a real estate investment trust based in New York, has agreed to buy Blackstone’s 49.9% stake …

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FDA pulls antibody bebtelovimab because not effective against omicron BQ.1

CNBC Health & Science Read CNBC’s latest global health coverage: An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters A key monoclonal antibody used to treat people with weak immune systems who catch Covid …

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Shaq and Alonzo Mourning talk charity, NBA basketball and pickleball

The Shaquille O’Neal Foundation & Icy Hot unveil the latest “Comebaq Court,” refurbished athletic spaces helping underserved communities get back in the game, in collaboration with Alonzo Mourning at Overtown Youth Center in Miami, Flori on November 30, 2022.  Rob Kim | Getty Images NBA champions Shaquille O’Neal and Alonzo …

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Here’s why your tax refund may be smaller in 2023, the IRS says

If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS.  Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Your annual balance is based on taxable income, calculated by subtracting …

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Hurricane Ian was costliest disaster on record after Katrina in 2005

Remains of destroyed restaurants, shops and other businesses are seen almost one month after Hurricane Ian landfall in Fort Myers Beach, Florida, U.S., October 26, 2022. REUTERS/Marco Bello Marco Bello | Reuters Hurricane Ian, a category 4 Atlantic hurricane that struck Florida and South Carolina earlier this year, was the …

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Kroger (KR) earnings Q3 2022

The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Kroger on Thursday raised its forecast for the year after its third-quarter earnings topped Wall Street expectations, with inflation continuing to push up the prices that shoppers pay for groceries like milk, eggs and other items. …

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Use Wednesday’s rally to reposition into profitable stocks

CNBC’s Jim Cramer urged investors to use the market’s rally on Wednesday to recalibrate their portfolios. “Use this moment to pivot yourself. Get out of the stocks I’ve been railing against for a full year,” he said, adding, “Get into the stocks of companies that make things and do stuff …

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