CNBC's Jim Cramer says he is watching shares of Xilinx and explains why the credibility of the company is in question.» Read More
Stocks came off their session highs Thursday after news Bernanke said the Federal Reserve is not prepared to take further action on the economy, but were still buoyed from positive economic news as well as stronger-than-expected earnings results from bank titan JPMorgan.
JPMorgan traded up 2 percent pre-open on a decent quarterly report...the stock goes up on just a decent report? Yes, because the expectations have been VERY LOW
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Futures held their gains Thursday after news weekly jobless claims fell last week, adding to optimism following stronger-than-expected profit from bank titan JPMorgan.
The bank reports second quarter results better than Street estimates.Jeffery Harte, Sandler O'Neill principal.
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Asian markets rallied on Thursday on China’s better-than-expected GDP numbers reassuring investors that the world’s second-largest economy was not headed for a hard landing, but a number of strategists and fund managers are still preferring to play it safe, shunning cyclical stocks for defensive plays.
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Netflix price hikes may have been lousy public relations, but as a business strategy they make a ton of sense, says Mad Money host Jim Cramer.
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In the absence of negative macro news from Europe, and in the presence of positive news from China and Japan, we can produce rallies unto themselves, without Bernanke's help, says Mad Money host Jim Cramer.
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