A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Clorox Co.: "Clorox was down $5 today because interest rates went up. As interest rates keep going up, this stock will go down. It's one for one. That means when it gets to $140, buy, buy, buy!"
Sirius XM Holdings Inc.: "I have been behind this stock, literally, for $3 and a half and now I am starting to cool. I did not like the Pandora acquisition. You've got Tencent, you've got Spotify and now you have XM. No. It's too competitive for me. I'm now saying don't buy – that's a major change for me. "
New Relic Inc.: "This stock's ridiculous. It's come down. Remember, it's up 54 percent for the year, but it has come down mightily, and I've got to tell you, I'm getting real interested in [CEO] Lew Cirne's company. I think the stock in the $80s is a buy."
AbbVie Inc.: "I'm worried about ABBV. Why? Because there's a competitive product that's a biosimilar put out by [Johnson & Johnson]. I think that it may be time in this spike – and I think AbbVie spikes to $100 – to do a little schnitzel. I'm getting concerned. By the way, I'm telling club members of ActionAlertsPlus.com that JNJ is right here. "
Shotspotter Inc.: "We did a piece on it. We kind of liked it. It detects gunfire shots. We kind of think it's a pretty good situation."
Disclosure: Cramer's charitable trust owns shares of Johnson & Johnson.