Thursday, January 2, 2025

Jim Cramer Warns Of 'Incredible Panic' As Jerome Powell's Hawkish Outlook Send Stocks...

The U.S. stock market experienced a severe selloff Wednesday after Federal Reserve Chair Jerome Powell‘s comments triggered what CNBC’s Jim Cramer described as “incredible panic” in the markets.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Jim Cramer Warns Of 'Incredible Panic' As Jerome Powell's Hawkish Outlook Send Stocks Into Free Fall: 'People Throwing Away Good And Bad'

The U.S. stock market experienced a severe selloff Wednesday after Federal Reserve Chair Jerome Powell‘s comments triggered what CNBC’s Jim Cramer described as “incredible panic” in the markets. Continue reading ➔
American Airlines settles lawsuit filed by 3 Black men who were ordered off a flight

American Airlines said Thursday it has settled a filed by three Black men who were ordered to deboard a flight last January. Continue reading ➔
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2 security guards shot after confronting shoplifting suspect in Los Angeles

LOS ANGELES (AP) — Two security guards were shot and wounded at a downtown Los Angeles shopping area after they confronted a man trying to walk out of a store with a suitcase containing items he hadn't paid for, police said Tuesday. Continue reading ➔
25 Years Of Vladimir Putin Marked By War, Devastated Economy: Russian Leader Looks To Trump For Support

Putin seems to believe that "with the Democrats' loss in the U.S. elections, the Western world he has fought against is defeated." Continue reading ➔
New Tech Breakthrough Threatens to Send Stock Market Tumbling - Ad

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A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank accounts or sent in the mail by a paper check. Continue reading ➔
Toxic fumes sicken 20 workers at New Mexico cheese plant

CLOVIS, N.M. (AP) — Investigators are trying to determine what caused a mechanical failure that resulted in 20 workers inhaling toxic fumes at a cheese manufacturing plant in eastern New Mexico. Continue reading ➔
Tesla Offers Free Lifetime Supercharging With Foundation Series Cybertruck As It Looks To Clear Inventory

Tesla is now offering free supercharging on the purchase of foundation series Cybertrucks from its inventory. Continue reading ➔
Japanese space startup aborts 2nd satellite launch attempt minutes after liftoff

TOKYO (AP) — A Japanese space startup said its second attempt to launch a rocket carrying satellites into orbit had been aborted minutes after liftoff Wednesday and destroyed itself again, nine months after the company's first launch attempt . Continue reading ➔
There's a Bizarre New Way to Make Money From Crypto... - Ad

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Another jackpot surpasses $1 billion. Is this the new normal?

Remember this moment because it probably won't last: A U.S. lottery jackpot is , and that's still a big deal. Continue reading ➔
Ukraine halts transit of Russian gas to Europe after a prewar deal expired

KYIV, Ukraine (AP) — Ukraine on Wednesday halted Russian gas supplies to European customers that pass through the country, almost three years into Moscow’s all-out invasion of its neighbor, after a prewar transit deal expired. Continue reading ➔
What's Going On With Super Micro Computer (SMCI) Stock?

Super Micro Computer shares fell 4.6% Wednesday. The Fed lowered the federal funds rate by 25 basis points to a range of 4.25%-4.5%. Continue reading ➔
Winning ticket sold for $1.22 billion lottery jackpot, Mega Million says

ATLANTA (AP) — One Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize, a winning ticket worth an estimated $1.22 billion was sold for the drawing Friday night. Continue reading ➔
What's Going On With Broadcom Stock?

Broadcom Inc (NASDAQ:AVGO) shares are trading lower Wednesday, pulling back from a recent surge that saw the stock join the $1 trillion club. Here's a look at what you need to know. Continue reading ➔
Palantir, Salesforce, And Snowflake Made The Cut, But 2 'Magnificent 7' Giants Left Out From Dan Ives' Top 10 Tech Winners For The AI Revolution In 2025 List

Wedbush analyst Dan Ives revealed his top 10 tech winners for the AI revolution into 2025, omitting Amazon and Meta from the Magnificent 7, while highlighting Nvidia, Microsoft, and Tesla among others. Continue reading ➔

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