TheStreet Live

TheStreet Live

By JIm Cramer and TheStreet StaffBusiness
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TheStreet Live episodes

  • Bitcoin, Youtube and 3 Other Headlines to Take in with Your Morning Coffee
    Did you forget to check those nine notifications before you hopped on the train? Here's everything you need to prepare to close out this week of trading during your morning commute: 1. YouTube aims to launch a subscription music service in March. 2. Caterpillar reportedly admitted to performing unnecessary repairs on its railcars and attempting to conceal the evidence. 3. Bitcoin prices experienced a slight 11% drop after yesterday's record highs. 4. Britain and the EU reached a deal to settle the Brexit divorce bill, which will allow further negotiations. 5. Futures point higher ahead of the November jobs report. Watch More with TheStreet: Uncle Sam Wants His Piece of Your Bitcoin These Big Technology Names Are Part of an Impact Investing ETF P.F. Chang's May Become a Public Company Again: CEO Ron Paul: Stock Market Could Crater 50%
    1 min
  • Markets Show Tepid Growth After A Couple of Down Sessions
    The major averages showed signs of life Thursday after a couple of down sessions with the tech-heavy Nasdaq leading the way higher. Unlike Wednesday's session, the major averages closed the day in the green across the board. Bitcoin was the talk of the market Thursday as the cryptocurrency continues to ignore bubble warnings and push to new all-time highs. Bitcoin pushed past the $15,000 mark, continuing its impressive run after topping $10,000 for the first time just last Friday. Shares of GE were up nearly 2% after the company's Power unit announced that it was laying off 12,000 employees, which is about 18% of its global workforce. The layoffs are part of the company's plan to reach $1 billion in structural cost reductions in 2018. Ford announced plans to move production of its electric vehicles from a plant in suburban Detroit to Mexico, reversing an announcement from January saying that the Michigan plant would be used to produce EVs. Instead, the plant will now be the hub for production of the company's driverless cars.
    2 min
  • 6 Headlines to Take in with Your Morning Coffee
    Here's what you need to know ahead of Thursday's opening bell: 1. Broadcom beat expectations with adjusted earnings of $4.59 a share. 2. Alibaba inked a deal with Ford to use its online retail arm to sell Ford cars in China. 3. Citigroup could take a $20 billion hit from a 20% corporate tax rate. 4. Disney CEO Bob Iger could extend his tenure if it purchases assets from Fox, the Wall Street General reported. 5. Investors expect earnings from Dollar General , Ciena and United Natural Foods . 6. Futures point higher as investors tweak their portfolios ahead of year's end. Watch More with TheStreet: Here's How Small Cap Scissor Company Acme United Is Benefitting From Amazon December Trading Strategies: Keep Your Portfolio Merry This Holiday Season What Does Broadcom Actually Do? Jack Ma: Alibaba CEO or International Man of Mystery?
    1 min
  • Indexes Close Mixed Even as Tech Rebounds
    U.S. stocks were mixed even as the tech sector rebounded after recent selloffs. The S&P 500 and the Dow closed lower, while the Nasdaq finished in the green. Shares of Facebook Inc. rose after Evercore ISI said the social media giant will lead the "FANG" stocks higher in 2018 with no correction in sight. The firm initiated coverage of Facebook with a $225 price target and an "Outperform" rating. Bitcoin climbed above $13,000 in afternoon trading. The volatile cryptocurrency reached its new record high less than 24 hours after $12,000.
    1 min
  • Midday Bell: U.S. Equities Trade Higher
    U.S. equities traded slightly higher on Wednesday with the three benchmark indexes all trading in the green. Investors were focused on a major deal in the healthcare sector. Shares of health insurer UnitedHealth Group Inc. rose slightly after the company announced that it reached a deal to purchase a physician group from kidney dialysis firm DaVita Inc. . The deal is valued and $4.9 billion and will be paid in cash. "Combining DaVita Medical Group and Optum advances our shared goal of supporting physicians in delivering exceptional patient care in innovative and efficient ways," said Larry Renfro, chief executive of UnitedHealth's Optum unit. Meanwhile, Home Depot Inc. stock slipped even though the home-improvement retailer reaffirmed its full-year sales and earnings guidance and outlined a $15 billion share buyback plan. Watch More with TheStreet: GreenPower Makes Taking the Bus Way Greener With Electric Models This Is How Millennials View the Stock Market Here Is What Jim Cramer Expects From Broadcom's Results General Motors Wants to Revolutionize Your Commute With a Futuristic Dashboard Wondering what's next for small caps? Check out TheStreet's exclusive video coverage of the LD Micro Conference!
    1 min
  • Markets Close Near Session Lows
    Markets turned sour Tuesday afternoon after starting the day in positive territory, giving back all the gains that had been made earlier in the session to close near session lows across the board. The Dow was the biggest loser, falling 0.46%. The Nasdaq spent most of the day in the green before closing the day down 0.19%. Snap Inc. shares jumped nearly 10% Tuesday after Jefferies joined Barclays in upgrading the company's stock. Barclays is bullish on the social media platform's redesign and believes that "the worst is behind Snap." Shares of luxury homebuilder Toll Brothers was down nearly 8% after the company missed on quarterly earnings and said that it expects its full-year adjusted gross margin to shrink. Shares of toy-maker Mattel were down more than 5%, giving back some of the gains it received due to speculation that it could be taken over by rival Hasbro.Mattel was up nearly 30% in March. Watch More with TheStreet: This Is How Millennials View the Stock Market General Motors Wants to Revolutionize Your Commute With a Futuristic Dashboard Shark Tank Star Kevin O'Leary Reveals How to Buy a Fraction of a Stock Share 5 Insane McDonald's Meals You Can Only Try Abroad
    1 min
  • Regal Entertainment Sold for $3.6 Billion
    Shares of Disney were down more than 3% following reports that the company could announce the purchase of rival Fox Studio assets as soon as next week. The assets in question could be worth up to $60 billion, according to CNBC. Shares of Regal Entertainment spiked nearly 10% Tuesday after the company agreed to be purchased by U.K. theater company Cineworld Group for $3.6 billion.Regal, which is the country's second-largest theater company, is now foreign-owned just like the country's top theater company, AMC . Shares of Dish Network were up slightly Tuesday after the company announced that CEO Charlie Ergen will be stepping down from the position to devote more of his time to the company's emerging wireless business. Dish promoted current President and Chief Operating office Erik Carlson. Shares of Snap Inc. climbed more than 9% Tuesday after receiving bullish notes from both Jefferies and Barclays this week. Jefferies raised its recommendation on the company to "buy" from "hold" following a similar endorsement from Barclays Monday. Barclays also increased Snap's price target to $18 per share from $11 per share. Watch More with TheStreet: Southwest Airlines CEO on Tax Reform, Hawaii Routes and Bitcoin Is Mining Bitcoin Worth Destroying Your Electric Bill? Former Humana Executive Supports the CVS-Aetna Deal Here Is One Major Factor to Watch in the Markets in 2018
    2 min
  • Here's Everything You Must Know Before Monday's Opening Bell
    As we head further into December, here's everything you need to know to kick off this week of trading: 1. CVS Health Corp. reached a deal to buy Aetna for $69 billion. 2. Disney has reportedly restarted discussions to buy some of Twenty-First Century Fox's media assets. 3. Venezuela's president announced the country is launching a cryptocurrency called "the Petro." 4. Investors expect earnings from Bob Evans and Ascena . 5. The Dow could jump 200 points at the open as investors react to the weekend's tax reform news. More of What's Trending on TheStreet: Trump Tax Plan Makes This Sector of the Stock Market Potentially Explosive Seven Great Holiday Gift Ideas from a Financial Advisor -- and Mom Anyone Who Resists the Rise of Legal Cannabis Is Among Dumbest on Wall Street Investing Like Warren Buffett Comes With a Big Challenge That Can't Be Overcome
    1 min
  • Dow Closes at Record High
    The Dow Jones Industrial Average closed at a record high, meanwhile the S&P 500 and the Nasdaq closed in the red, down 0.11% and 1.05%, respectively. Shares of Broadcom Ltd. were in focus after the semiconductor company launched a total boardroom takeover effort at Qualcomm Inc. . Broadcom has nominated 11 directors for election at the chipmaker's annual shareholder meeting. The move comes after Qualcomm rejected Broadcom's unsolicited offer of $70 a share. Broadcom is scheduled to report its fiscal fourth-quarter financial results on Wednesday. Blue Apron Holdings Inc. stock surged after analysts at Barclays upgraded the stock to "equal-weight" with a $4 price target. The analysts said the food kit delivery service company could be reaching a "stabilization point" and the promotion of Brad Dickerson to CEO is a positive given his experience and operational background. Watch More with TheStreet: Here Is One Major Factor to Watch in the Markets in 2018 The CVS-Aetna Deal Will Be a Big Test for the Government Forget Bitcoin: Check Out 5 of the Weirdest Cryptocurrencies The Tax Reform Bill Has Significant Implications for Retail Investors
    1 min
  • Disney Helps Power the Dow to a Record High
    U.S. stocks traded at record highs, as investors reacted to the passage of a Senate tax reform bill. The Dow and the S&P 500 were in the green. The Nasdaq, meanwhile, was lower. Shares of CVS Health Corp. dropped after the company announced that it would buy health insurer Aetna for $69 billion dollars. It is a cash-and-stock deal that values Aetna at about $207 a share. Walt Disney Co. stock was a top performer for the Dow. Shares jumped following reports that Twenty-First Century Fox Inc. has revived talks to sell parts of its business to the House of Mouse. Watch More with TheStreet: Jim Cramer on CVS-Aetna and Disney's Renewed Interest in Fox Assets The Tax Reform Bill Has Significant Implications for Retail Investors Don't Buy Your Daughter More Clothes This Holiday -- Teach Her How To Code What Does CVS's Aetna Acquisition Mean for Amazon? Don't miss the best videos of the week. Put Wall Street on Rewind and sign up for our weekly newsletter.
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