Jim Cramer's top 10 things to watch in the market Wednesday: Tech layoffs, bank double downgrade, opportunities in industrials

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Wall Street looks to bounce after starting the first trading week of the new year with a decline.

Club holding Apple , Tesla and other mega-cap tech stocks sank Tuesday. Though many of them were trying to rebound in the premarket. 2. Salesforce announces the beginning of what we have been looking for from the Club holding. The company is layoff 10% of its staff and closing some offices in a restructuring. Co-founder Marc Benioff, soon-to-be solo CEO, admits to over-hiring during the Covid pandemic. A very serious letter to employees. 3.

We've been thinking about getting back into this name after making a great deal of money. BofA says it can rebound. We see it as a function of the government's infrastructure efforts. The estimates are well below what NUE can do. BofA put U.S. Steel on the sell list; Cleveland-Cliffs as a neutral. 8. GE HealthCare Technologies starts Wednesday. The company split from General Electric is slow growing like Medtronic , not like Club holding Danaher .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ummm yea…Jim has no credibility. Individuals who rely on Jim for market analysis are the old timers and they are shrinking in numbers

He’s never once gottten anything right. Not once.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says it's never too late to sell these stocksCramer explained that it's never too late to sell unprofitable stocks. Appreciate the buy list for 2023 CramerTracker Meaning buy or hold. InverseCramer Thanks Jim, I dumped all my $TSLA today. Where would I be without you?
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the market Tuesday: Wages too high, China reopeningEmployment number Friday. Federal Reserve should move if we don't get above 4% unemployment and wages don't fall. If you’re overpaid, overhyped Jim Cramer, it’s easy to say “wages are too high.” But what if you’re trying to support family w/Walmart job? Media, STFU about wage increases driving inflation. WAGES HAVE NOT INCREASED TO MATCH COL SINCE 1976. Inflation is price-gouging, period. 1 Jim Cramer
Source: CNBC - 🏆 12. / 72 Read more »