What Cramer is watching Monday — Price target cuts and downgrades, few bright spots

Mark Zuckerberg envisions 1 billion people in the metaverse

What I am looking at July 11, 2022 Twitter jump ball: Elon Musk terminates deal. Twitter (TWTR) says it will sue. The stock sinks 5% in the premarket. Baird price target cut to $33 per share from $45. Meta Platforms (META), a Club holding, downgraded to sell from hold (underperform from hold) at Needham. Pretty … Read more

Asset manager names companies trading at a ‘sizable discount’

Asset manager names companies trading at a 'sizable discount'

With stock markets yet to emerge from the doldrums of a brutal first half sell-off, investors are increasingly seeking strategies to preserve and grow their capital. Asset manager Jack Ablin tells CNBC how he’s trading the market volatility, highlighting some of his top stocks along the way. Investors should be putting their money in companies … Read more

Microsoft Activision takeover faces competition probe in the UK

Microsoft Activision takeover faces competition probe in the UK

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard’s games character. Dado Ruvic | Reuters The UK’s competition watchdog on Wednesday opened an investigation into Microsoft’s proposed acquisition of video game publisher Activision Blizzard. In a statement, the UK’s Competition and Markets Authority said its investigation would consider whether the deal may … Read more

Climeworks, carbon dioxide removal company, building Iceland plant

Climeworks, carbon dioxide removal company, building Iceland plant

Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks Carbon dioxide removal startup Climeworks announced on Tuesday it is building a second commercial sized plant in Iceland. When fully operational in 18 to 24 months time, the plant will capture and store 36,000 metric tons per year of carbon dioxide. That’s a … Read more

Google memo to employees on Roe v. wade overturn

Google memo to employees on Roe v.  wade overturn

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the US Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade, explaining employees in affected … Read more

4 things I learned about Meta from my chat Mark Zuckerberg

4 things I learned about Meta from my chat Mark Zuckerberg

In any interview of a CEO, you always learn something that’s investable. I wanted to give you my four immediate impressions of what I saw tonight from Meta CEO Mark Zuckerberg. 1. We got a new, positive read on Reels. Zuckerberg told us the short-form video product is ahead of plan and that a surprising … Read more

Mark Zuckerberg envisions 1 billion people in the metaverse

Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital … Read more