The SkyBridge Capital founder told CNBC on Tuesday he advises his own clients to invest in cryptocurrency, but without getting overexcited.
Cramer advises investors to stick with ‚great American companies‘ to weather market swings
While many of those firms might look to be in a dismal state, CNBC’s Jim Cramer encouraged buyers to watch the big picture.
Stocks making the biggest moves premarket: Boeing, AT&T, Mattel and others
These are the stocks posting the largest moves before the bell.
Santander launches a buy now, pay later service to take on fintech rivals
The bank touts its security and prestige as a key factor differentiating it from fintech rivals like Klarna and Afterpay.
Chinese giant Baidu and automaker Geely put nearly $400 million more into their electric car venture
Chinese tech company Baidu and auto manufacturer Geely are putting more money into the electric car venture Jidu that they partnered on just about a year ago.
Coinbase rival FTX U.S. valued at $8 billion as investors brace for ‚crypto winter‘
FTX U.S., the American affiliate of cryptocurrency exchange FTX, has raised $400 million in its first external fundraising round.
Chinese companies boost overseas investment in consumer products, EV supply chain
Completed overseas mergers and acquisitions by Chinese companies dropped last year in a fourth straight year of decline, according to Rhodium Group data.
Boeing takes $3.5 billion charge on 787 Dreamliner but generates positive cash flow for first time since 2019
Deliveries of Boeing’s 787 Dreamliner plane have been paused for most of the last 15 months.
Microsoft beats on earnings and revenue, delivers upbeat forecast for fiscal third quarter
Azure cloud growth slowed below the 50% mark again even as Microsoft’s customers enter longer-term contracts. Windows license revenue jumped 25%.
US MBA mortgage applications w.e. 21 January -7.1% vs +2.3% prior
Prior +2.3%Market index 551.7 vs 593.7 priorPurchase index 300.1 vs 305.7 priorRefinancing index 1,989.4 vs 2,276.3 prior30-year mortgage rate 3.72% vs 3.64% prior