From Yahoo Finance: 2025-05-07 16:56:00

Jim Cramer discussed the impact of tariffs on businesses, emphasizing the need to diversify supply chains from China. He highlighted ethane as a key material in trade talks and advised leveraging US ethane production against China. Cramer also noted the car industry’s challenges in meeting trade demands.

Robinhood Markets, Inc. (NASDAQ:HOOD) holds a prominent position in the financial markets trading platform in America. Cramer praised its technology and wealth transfer capabilities, ranking it 3rd in his recent stock discussions. However, he believes AI stocks offer greater potential for higher returns in a shorter time frame. Consider exploring these options for better investment opportunities. 1. The unemployment rate in the US dropped to 4.2% in September, the lowest since February 2020. The economy added 194,000 jobs, falling short of expectations, with leisure and hospitality sectors seeing the most growth.

2. A new study found that Pfizer’s COVID-19 vaccine is 90% effective at preventing hospitalization among children aged 5-11. The study included data from over 9,000 children and showed no serious side effects from the vaccine.

3. The European Union has approved the Pfizer-BioNTech COVID-19 vaccine for children aged 5-11, becoming the first to do so. The decision comes after the European Medicines Agency recommended the vaccine for this age group based on clinical trial data.



Read more at Yahoo Finance: ‘Younger Traders Keep the Momentum Alive’