Highlights

Business

Cramer’s lightning round: I still believe in Cleveland-Cliffs

Schrodinger: "I don't know. It seems low enough. I know the Bill and Melinda Gates Foundation own it, but the problem is Cathie Wood owns it ARK. When things are good, that's fantastic. When things are bad, it's real bad. Right now, maybe go slightly. Take a small position if you want to." Digital Turbine: "It's another one of those creative video situations. I got like 70 of them. At least it makes money. But there's just too many of them. This is my big theme that I've had to say since November and gotten a little…

Logitech turns in strong quarter, but CEO says supply chain woes still held back sales

Logitech's better-than-expected quarterly results may have been stronger without the ongoing supply chain challenges, CEO Bracken Darrell told CNBC's Jim Cramer on Tuesday."We could have been even better," Darrell said in an interview on "Mad Money." "We lost several points of growth because we couldn't get supply in everything we wanted, but we still had a terrific quarter."Logitech's Nasdaq-listed shares jumped 4.47% Tuesday in what was an otherwise tough day for the technology-focused Nasdaq Composite, which fell 2.3%.…

Jim Cramer says Union Pacific is the best railroad stock to own in this market

CNBC's Jim Cramer said Tuesday he prefers Union Pacific over industry peer CSX, suggesting investors who want to own a railroad stock go with the Nebraska-based operator."Don't let the rollercoaster action distract you. It is a stock picker's market, so when it comes a very simple comparison straight up of the railroads, you need to stick ... with the best-of-breed" Union Pacific, said the "Mad Money" host, whose charitable trust owns the stock.Union Pacific and CSX both reported earnings late last week, and their…

Cramer says the stock market is being dragged down by 2021’s flurry of IPOs and SPAC deals

CNBC's Jim Cramer on Tuesday lamented the flurry of companies that went public in 2021 through traditional IPOs and SPAC deals, suggesting that it's playing a role in Wall Street's weak start to the new year."These newly minted stocks and SPACs are now killing us. It's the excess supply that's dragging down the rest of the market," the "Mad Money" host said, explaining his belief that the weakness is not simply due to investors reconsidering valuations across the board."A stock market's like any other market, if you get…

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Buyers are bidding thousands of dollars for Ruth Bader Ginsburg’s books in an online auction

Justice Ruth GinsburgJoanne Rathe | The Boston Globe | Getty ImagesMore than 1,000 books from late Supreme Court Justice Ruth Bader Ginsburg's personal library are up for auction — and things are getting expensive.Bidders are spending thousands of dollars on individual items, including dense law-school textbooks marked up with Ginsburg's own annotations, a wide range of literary classics, photographs and other memorabilia from the private collection of the trailblazing justice.The collection went up online last week by…

The next Covid variant will be more contagious than omicron, but the question is whether it will be more deadly, WHO says

The next Covid-19 variant that will rise to world attention will be more contagious than omicron, but the real question scientists need to answer is whether or not it will be more deadly, World Health Organization officials said Tuesday.Roughly 21 million Covid cases were reported to the WHO over the last week, setting a new global record for weekly cases from the rapidly spreading omicron variant, Maria Van Kerkhove, WHO's Covid-19 technical lead, said during a livestreamed Q&A across the group's social media…

Biden administration withdraws Covid vaccine mandate for businesses after losing Supreme Court case

The Biden administration is formally withdrawing its vaccine and testing mandate for businesses, after the Supreme Court blocked the requirements earlier this month.The Occupational Safety and Health Administration on Tuesday said it is pulling the rules for businesses effective Wednesday, Jan. 26. The Supreme Court's conservative majority, in a 6-3 decision, said OSHA had exceeded its authority."Although Congress has indisputably given OSHA the power to regulate occupational dangers, it has not given that agency the…

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