Amazon’s experiment with delivery robots might have a science-fiction feel, but the potential cost savings for the e-commerce giant would be anything but fantasy. Morgan Stanley estimated the e-commerce and cloud giant is now investing to automate roughly $200 billion in logistics costs — a sum equal to 35% of its online retail revenue — which includes…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were mixed to start the week . The market on the first trading day in June stumbled around the open and traded lower in…
The stock market stumbled into the weekend after President Donald Trump on Friday said China violated the preliminary trade agreement the two sides reached earlier this month. The S & P 500 closed flat Friday after spending most of the session lower. The benchmark index, however, rose for the week and for the month of…
CNBC’s Jim Cramer on Friday guided investors through next week on Wall Street, saying quarterly reports from Nvidia, Costco, Dell and Salesforce have the potential to move their respective sectors and the rest of the market. He also warned that stocks’ performance can depend on action from President Donald Trump. “We’re headed into a fickle…
Williams-Sonoma CEO Laura Alber told CNBC’s Jim Cramer how the company is dealing with the effects of President Donald Trump’s tariff hikes. “We’ve been busy,” she said. “And we’ve also been reminded, you know, it’s important to have that flexible mindset, but also to have options in sourcing, and particularly with our big programs, to…
CNBC’s Jim Cramer on Wednesday told investors to be patient as stocks sold off due to rising bond yields and uncertainty about the federal budget, saying the market will recover when the budget bill is passed. “We’re in the thick of it right now. The budget deficit is front and center. Hence the reckoning,” he…
Jim Cramer ran through each holding during the May Monthly Meeting on Wednesday. [title_words_as_hashtags
