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"Mad Money" host Jim Cramer recommends buying Carvana and Summit Therapeutics. Reddit "surprised" him. Here's why.
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ON Semiconductor, Carlyle and Coeur Mining led decliners in the hour after the Fed chair spoke. Economists split on whether October or December brings another hike.
Carvana Vice President Stephen Palmer sold 8,023 shares worth approximately $576,000 on September 1, 2026. The sale included 5,000 shares sold on the open market under a pre-established Rule 10b5-1 trading plan and 3,023 shares withheld for tax obligations related to restricted stock unit vesting. Palmer retains 128,886 shares valued at $9.3 million, and analysts view the transaction as routine portfolio management rather than a concerning insider signal.
While overall U.S. loan delinquencies declined in Q2 2026, subprime loans remain at multiyear highs, revealing a K-shaped economic recovery where affluent consumers thrive while lower-income households struggle. Mortgage and auto loan delinquencies are rising, with particular pressure on subprime borrowers facing affordability challenges, inflation, and a weakening job market.
Oppenheimer analyst Noah Kaye reiterates Forgent Power Solutions (NYSE:FPS) with a Outperform and maintains $60 price target.
Crude tumbles 3.6% on a Saudi pipeline restart, easing yields and lifting chips, while the Fed prepares its first rate hike in nearly three years.