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Southwest Airlines CEO Gary Kelly To Step Down As CEO In 2022
Thursday, June 24, 2021 - 10:58am | 328Southwest Airlines Co (NYSE: LUV) announced that chairman and CEO Gary Kelly will step down from his role as CEO in early 2022 and transition to executive chairman. On CNBC's "Squawk On The Street" Thursday, Kelly said he is looking forward to "finishing strong."...
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Why This Nvidia Analyst Says Stock Is Headed To $900 Per Share
Tuesday, June 22, 2021 - 3:21pm | 339NVIDIA Corp (NASDAQ: NVDA) is trading higher Tuesday following a price target increase from Raymond James. What Happened: Raymond James analyst Chris Caso maintained a Strong Buy rating on Nvidia with a Strong Buy rating and raised the price target from $750 to $900....
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Paxos CEO: Cryptocurrencies Are Replatforming Financial System, Corrections Are Healthy
Tuesday, June 22, 2021 - 2:41pm | 388The cryptocurrency movement is about replatforming the financial system, co-founder and CEO of Paxos Charles Cascarilla said Tuesday on CNBC's "Squawk On The Street." What Happened: More than 90% of China's Bitcoin (CRYPTO: BTC) mining capacity was reportedly shut down...
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Mary Barra Says General Motors Is Moving To Electric Vehicles 'As Quickly As Possible'
Wednesday, June 16, 2021 - 2:05pm | 406General Motors Co (NYSE: GM) announced a sizable increase to its commitment to electric vehicles Wednesday. What Happened: GM is once again raising its commitment to electric vehicles with a new plan to spend $35 billion through 2025. The figure comes after the company raised its...
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John Reed Stark vs. Mark Cuban: A Bitcoin Utility Debate
Thursday, June 3, 2021 - 1:16pm | 422The country is falling apart because of crypto's role in ransomware, said John Reed Stark, former SEC chief of internet enforcement, when he appeared Thursday on CNBC's "Squawk On The Street." Ransomware is a form of malware that encrypts data so a user or...
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CNBC Announces First-Ever NFT, Honoring Mark Haines
Monday, May 24, 2021 - 9:39pm | 286CNBC announced that it is honoring Mark Haines with its first-ever NFT. An NFT, or non-fungible token, is a piece of data stored on a blockchain that certifies a digital asset to be unique. Haines was a CNBC anchor who died unexpectedly on May 24, 2011. The NFT will...
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Michael Saylor Says 'Bitcoin Is The Apex Property Of The Human Race'
Friday, May 21, 2021 - 12:06pm | 392MicroStrategy Incoporated (NASDAQ: MSTR) CEO Michael Saylor appeared on CNBC's "Squawk On The Street" for an interview Friday. Saylor told the show that the volatility in cryptocurrency is the price investors have to pay for its incredible outperformance. Every investor...
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Evercore ISI's David Palmer Thinks Darden Restaurants Is Well-Positioned For The Reopening
Tuesday, May 18, 2021 - 4:32pm | 276Labor is a bigger issue than masks, but Darden Restaurants Inc (NYSE: DRI) is fully staffed and ready for the reopening, Evercore ISI senior managing director David Palmer said Tuesday on CNBC's "Squawk On The Street." Darden Restaurants is a very good option for a...
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Buy The Dip In Crypto? Mike Novogratz Thinks So
Tuesday, May 18, 2021 - 11:20am | 304Mike Novogratz, CEO of Galaxy Digital Holdings Ltd (OTC: BRPHF), reaffirmed his long-term belief in Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO:$ETH) amid the recent pullback on CNBC's "Squawk On The Street," which aired Tuesday. When markets get ahead of themselves, it...
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Could Amazon's Stock Go To $6,000 In The Next 12 Months?
Monday, May 17, 2021 - 12:31pm | 240Jim Cramer said Monday on CNBC's "Squawk On The Street" that the analyst note from Morgan Stanley about Amazon.com Inc (NASDAQ: AMZN) is one of the great pieces he has read. What Happened: Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and a $4,500...
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Oakmark's Win Murray Likes Netflix Stock At Current Levels
Monday, May 10, 2021 - 1:43pm | 295Oakmark's Win Murray thinks Netflix Inc (NASDAQ: NFLX) is a good investment at current levels, he shared Monday on CNBC's "Squawk On The Street." Netflix's margins are consistently growing, Murray said, adding that in the first quarter of 2019 Netflix had 10% margins...
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Aspen Aerogels Could Offer Significant Upside For Long-Term Investors
Wednesday, May 5, 2021 - 1:32pm | 380Aspen Aerogels Inc (NYSE: ASPN) works with a majority of the electric vehicle battery companies, said Chris Retzler, portfolio manager at Needham Asset Management, Wednesday on CNBC's "Squawk On The Street." The company makes thermal insulation for electric...
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Rise of Ethereum Is Backed By Real Usage, Says Slow Ventures' Jill Carlson
Tuesday, May 4, 2021 - 3:39pm | 260The rise in Ethereum (CRYPTO: ETH) is backed by real usage, Slow Ventures' Jill Carlson said Tuesday on CNBC's "Squawk On The Street." The use case for Ethereum is growing and the price of the cryptocurrency is rising with it as more and more NFTs are exchanged...
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Jim Cramer Cheers Boston Beer Company And Truly
Friday, April 23, 2021 - 11:47am | 237Boston Beer Company Inc (NYSE: SAM) has done a great job taking market share in the hard seltzer category, Jim Cramer said Friday on CNBC's "Squawk On The Street." What Happened: Boston Beer reported first-quarter earnings on Thursday that exceeded expectations. The...
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Could IBM Stock Have A Turnaround? Bernstein Analyst Thinks So
Tuesday, April 20, 2021 - 12:03pm | 261The risk/reward is beginning to look more favorable for IBM (NYSE: IBM), Bernstein analyst Toni Sacconaghi said Tuesday on CNBC's "Squawk On The Street." Sacconaghi said he had been "more on the cautious side" about IBM in the past because the company failed...