Cramer’s lightning round: BigCommerce is not a buy

Loading chart… Tellurian Inc: “For younger people out there, listen to me. I want you to spend five bucks and buy this.” Loading chart… BigCommerce Holdings Inc: “I can’t play ball on that one.” Loading chart… Block Inc: “They did a very good job [in their latest quarter].” Loading chart… Regal Rexnord Corp: “I’m not…

Zebra CEO says freight costs have moderated, component shortages still a headwind

Zebra Technologies chief executive Anders Gustafsson told CNBC’s Jim Cramer on Friday that while the company has seen freight costs come down, shortages of components like semiconductor chips continue to cause issues. “Over the past two years, we’ve seen kind of a migration of some of the issues. Now, it started off with freight being…

Prices for NFL tickets are topping pre-Covid levels, secondary market vendor says

Tom Brady (12) of the Buccaneers shakes hands with Patrick Mahomes (15) of the Chiefs after the regular season game between the Kansas City Chiefs and the Tampa Bay Buccaneers on November 29, 2020 at Raymond James Stadium in Tampa, Florida. Cliff Welch | Icon Sportswire | Getty Images Tickets for the upcoming NFL season…

With floods and electricity shortages, South Africa’s economy is threatening to go into reverse

DURBAN, South Africa – April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the economy of the city of Durban. RAJESH JANTILAL/AFP via Getty Images South Africa’s economy picked up momentum in the first quarter of the year, but…

Enterprise and desktop PCs still ‘a healthy market’ as personal PCs see slowdown, says Micron CEO

Micron chief executive Sanjay Mehrotra told CNBC’s Jim Cramer on Thursday that the market for enterprise and desktop PCs remains healthy despite the personal PCs market experiencing a slowdown. “It’s not like anything is falling off the cliff,” Mehrotra said in an interview on “Mad Money.” “Yes, while consumer PCs lately are not experiencing the…

Rivian is recalling about 500 of its electric pickups for a child-safety defect

In this article RIVN Rivian R1T Field pickup Source: Rivian Rivian Automotive is recalling some of its electric pickups because of an airbag defect that could injure a child in a crash, according to a letter from the National Highway Traffic Safety Administration, dated Wednesday. A total of 502 R1Ts are affected, about 10% of…

Cramer’s lightning round: I like Blackstone over KKR

Loading chart… Cisco Systems Inc: “[Buy] slowly. … Don’t be aggressive in anything.” Loading chart… KKR & Co Inc: “You should be in Blackstone, not KKR.” Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market. Disclaimer Questions for Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive…

Lordstown Motors closes $230 million deal to sell its Ohio factory to Foxconn, injecting needed cash days before deadline

In this article RIDE Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland / CNBC Embattled electric vehicle start-up Lordstown Motors said Wednesday it has closed a $230 million deal to sell its Ohio factory to…

Target employees at Virginia store file for union election amid a broader labor push at big companies

In this article TGT A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employees are trying to form a union. Employees at a Virginia store filed on Tuesday…

Cramer’s lightning round: AECOM is a buy

Loading chart… Mission Produce Inc: “I want you to be very careful with that.” Loading chart… AmerisourceBergen Corp: “They are a very inexpensive, terrific, profitable company that I like very much.” Loading chart… Funko Inc: “Many of us were confounded that the stock went down as low as it did.” Loading chart… AECOM: “This is…

U.S. gun homicides reached highest level in 25 years during Covid pandemic, CDC says

Mike Blake | Reuters Gun homicides in the U.S. reached their highest level in more than 25 years during the Covid-19 pandemic, according to the Centers for Disease Control and Prevention. Homicides from guns rose 35% during the first year of the pandemic to the highest level since 1994, according to a CDC Morbidity and…

How the digital sneaker boom changed Foot Locker’s business

In this article FL Foot Locker dominates the brick-and-mortar footwear category as the largest footwear retailer in the world. Its 2,900 stores worldwide span several brands, including Lady Foot Locker, Kids Foot Locker and Champs Sports. Since 2015, however, digital sneaker retailers have grown rapidly with the establishment of online marketplaces like StockX and GOAT….