It's time for the Lightning Round. Cramer makes the call on viewer favorites.» Read More
U.S. stocks rose on Friday, with consumer discretionary leading late session gains.
*Apple reportedly close to deal for Beats Electronics. *Momentum shares like Gilead, Netflix rise. Netflix Inc shares rose 0.9 percent to $324.56 after it increased the price of its most popular video streaming plan by $1 a month.
*Utilities, energy stocks sell off as investors book profits. NEW YORK, May 8- U.S. stocks mostly fell on Thursday with the S&P 500 and the Nasdaq closing lower, led by losses in the energy and utility sectors.
Stocks rose on Thursday after upbeat data from China and on the U.S. jobs front.
*Priceline, Tesla bounce from early lows. NEW YORK, May 8- U.S. stocks rose on Thursday, as a turnaround in beaten-down momentum names boosted the Nasdaq while initial jobless claims data, which suggested the labor market was improving, helped lift the broader market. Tesla Motors halved its losses in the session so far and was down 5.7 percent at $189.87.
May 8- Travel website owner Priceline Group Inc reported higher-than-expected quarterly profit on Thursday as it booked more hotel stays, car rentals and airline tickets. Priceline is "executing well," said Dan Kurnos, an analyst with Benchmark Co. Its shares rose 1.3 percent.
*Yellen to testify before Senate Budget Committee. *Priceline, bounce from early lows. Tesla Motors managed to cut its initial losses for the session in half, down 5.7 percent to $189.87.
Darren Huston, Priceline Group CEO, discusses the travel giant's growth prospects and why the company has not recently made any large acquisitions.
The selling in the Nasdaq and small cap names is making some traders nervous, and some say it's a time to be wary while the once sizzling names burn.
NEW YORK, May 8- U.S. stocks opened flat on Thursday after initial jobless claims data pointed to a possible strengthening in the labor market and ahead of testimony by Federal Reserve Chair Janet Yellen. The Nasdaq Composite Index was down 15.52 points, or 0.38 percent, at 4,052.16.
*Yellen to testify before Senate Budget Committee. *Priceline, Tesla drop after results, outlook. A Kremlin spokesman said Russia needed more information and additional analysis after pro- Moscow rebels in eastern Ukraine snubbed President Vladimir Putin and said they would go ahead with a secession referendum planned for Sunday.
May 8- Travel website owner Priceline Group Inc forecast second-quarter results below market estimates, saying a decline in its "name-your-own-price" business is hurting revenue growth. Shares of the company, which owns travel websites Priceline.com, Booking.com and Kayak.com, fell about 4 percent before the bell.
U.S. stock index futures traded higher on Thursday, after better-than-expected China trade data and calming Ukraine tensions.
*Priceline climbs after results, Tesla tumbles. *Priceline Group Inc shares advanced 2.9 percent to $1,164 before the opening bell after the online travel agency reported a 36 percent rise in quarterly profit and gave its second-quarter forecast.
Some of the names on the move ahead of the open.
May 8- Priceline Group Inc, owner of the online travel agency known for its "name-your-own-price" services, reported a 36 percent rise in quarterly profit, as hotel and car rental bookings increased. The company's net income rose to $331.2 million, or $6.25 per share, in the first quarter ended March 31 from $244.2 million, or $4.76 per share, a year earlier.
Some of Wednesday's midday movers:
Traders across the financial markets will be hyper-focused on Congressional testimony from Fed Chair Janet Yellen Wednesday.
Testimony from Federal Reserve Chair Janet Yellen and Ukraine are what traders say could most affect markets in the week ahead.
Cramer says there will be plenty of opportunities to make money in the week ahead. But you'll have to stay alert and move fast.