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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Thursday's trending stocks from the floor of the New York Stock Exchange.
Rising U.S. interest rates have eroded the value of hundreds of billions of dollars of Treasury bonds, mortgage-backed securities and other assets that banks hold as investments, alongside their portfolios of loans.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said Advanced Micro Devices CEO Lisa Su saved the company.
The chip giant reports Q1 results after the close on Thursday.
UPS Chief Financial Officer Richard Peretz discusses with TheStreet efforts to boost the company's performance.