Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the Iranian attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
Investors piling into pot stocks this week are making a huge mistake, CNBC's warned on Friday.
Shares of marijuana companies have been booming recently, in the run-up to Canada's legalization of recreational-use on October 17. But Cramer, the host of "Mad Money," said next month will instead be a "sobering moment" for pot stocks.
"October 17 is not going to produce the 'high' so to speak that people think," Cramer said on "Squawk Box." "I don't want people to get hurt."
Cramer said Thursday there's nothing in terms of company fundamentals or industry trends to justify the dizzying moves in pot stocks this week.
The promise of the marijuana industry cannot compare to what the internet had to offer during the 1990s dot-com boom and bust, Cramer said Thursday on CNBC. "But the investors [now] are trading like the dot-com."
Brendan Kennedy, CEO of Canadian pot company Tilray, told Cramer on Tuesday that global pharmaceuticals must think about partnering with cannabis producers as a "hedge" against the burgeoning marijuana industry.
On Thursday, Cramer stressed Kennedy, during the interview, was not being promotional or trying to talk up the stock.
Shares of Tilray, which have been captivating Wall Street this week, had another roller-coaster ride Thursday, eventually closing down more than 17 percent. Tilray was under severe pressure in premarket trading on Friday and opened 20 percent lower.
During the regular trading day Wednesday, the stock was halted five times by the Nasdaq, rising as much as 90 percent and briefly turning negative, before closing up 38 percent.
Tilray, a Canada-based cultivator that markets, develops and distributes marijuana products, aims to be "a global company" that "dominates part of [the] $150 billion industry."
Only nine states in the U.S. and the District of Columbia have legalized cannabis for recreational use.