Sales of canned meat Spam continue to grow, hitting a record high for the seventh consecutive year in parent company Hormel Foods‘ fiscal 2021, CEO Jim Snee told CNBC’s Jim Cramer on Thursday. “That’s incredible. We’ve had to announce new capacity that we’re going to bring online in 2023 to meet the demand, so Spam
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In this article FOUN DCRC Solid Power’s 22-layer, 20Ah all solid-state lithium metal cell compared to the company’s first-generation 10-layer, 2Ah cell. Solid Power Shares of electric vehicle battery cell supplier Solid Power surged as much as 14% during the company’s Nasdaq debut Thursday morning following the completion of a SPAC deal. The stock’s initial
Charts suggest the stage is getting set for a year-end rally in the S&P 500, CNBC’s Jim Cramer said Wednesday, leaning on analysis from technician Mark Sebastian. “The charts, as interpreted by Mark Sebastian, have been a pretty darn good guide to the last few weeks, and right now they’re making him feel bullish about
Loading chart… EVgo: “EVgo, I know that sounds good. … I have really pulled in my horns. I like Enphase Energy, OK? That is the one I like. I looked at it for the [CNBC Next Generation 50 index]. It’s Enphase Energy that you want. I know it’s a high dollar amount, but it’s a
In this article SBUX People walk past a Starbucks in Buffalo, New York, December 7, 2021. Lindsay DeDario | Reuters Starbucks workers at three cafes in Buffalo, New York, voted this week on whether to form a union, a choice that could have far-reaching implications for the coffee giant and broader restaurant industry. Mail-in voting
Ford Motor CEO Jim Farley told CNBC on Tuesday the automaker is scrambling to meet the increasing interest in its soon-to-launch electric F-150 Lightning. “Our [production] capacity is about half of what the demand is,” Farley said an in interview with CNBC’s Jim Cramer on “Mad Money.” The company has nearly 200,000 retail reservations for
SoFi Technologies: “[CEO] Anthony Noto is doing a very good job there. Frankly, they did a secondary. It crushed the stock. You know, the stock popped. People felt like they got hurt by it when the secondary occurred, and now I think it’s bottomed.” American Outdoor Brands: “I know it’s a gun play, but they’ve
Pfizer CEO Albert Bourla addresses a press conference after a visit to oversee the production of the Pfizer-BioNtech COVID-19 vaccine at the factory of U.S. pharmaceutical company Pfizer in Puurs, Belgium April 23, 2021. John Thys | Pool | Reuters Pfizer CEO Albert Bourla on Tuesday said the omicron variant of the virus that causes
Penn National Gaming: “That stock has been crushed. it’s down more than 40%. I have to tell you, we’re in the height of the gambling season coming up. Penn Nat and DraftKings, they may go down later, but right now I think to sell them is a mistake. Whoa, they’re bad, but to sell them
The rally Monday on Wall Street may have more room to run in the very near term, CNBC’s Jim Cramer said after the Dow Jones Industrial Average jumped nearly 650 points, or 1.8%. The S&P 500 also advanced 1.1% and the tech-heavy Nasdaq added 0.9%, prompting questions of whether stocks could be in for a
Travelers wearing protective masks receive nasal swabs from nurses at a COVID-19 test site inside Terminal B at Los Angeles International Airport (LAX), on Sunday, Nov. 22, 2020. Bing Guan | Bloomberg | Getty Images The rules of international travel are changing — again. The emergence of the omicron variant of Covid-19 in southern Africa
In this article ALO-FR .FKRX300 TSLA 7267.T-JP 7203.T-JP VOW3-DE BMW-DE A car is fueled with hydrogen at the Frankfurt Auto Show IAA in Frankfurt am Main, Germany, on September 13, 2017. TOBIAS SCHWARZ | AFP | Getty Images Tesla CEO Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells.