Robinhood co-founder and co-CEO Vlad Tenev speaks onstage during the TechCrunch Disrupt New York event on May 10, 2016. Noam Galai | Getty Images for TechCrunch Robinhood is no longer looking to become a federally insured bank. The stock-trading start-up announced Wednesday that it was pulling its bank charter application with the Office of the
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Byron Wien Olivia Michael | CNBC The stock market’s rally may be far from over as low interest rates keep valuations in an attractive place, according to Wall Street legend Byron Wien. “People complain that the market is overvalued but … with these interest rates, the market is really below fair value,” Wien, vice chairman
Robert De Niro, Al Pacino and Ray Romano star in Martin Scorsese’s “The Irishman.” Netflix Netflix’s biggest-ever film investment launches on Wednesday and J.P. Morgan said “The Irishman” could be the catalyst Netflix needs to boost momentum around the stock. After spending $100 million in production on the three-hour-and-30-minute Martin Scorsese film, Netflix is betting
Today we discuss a Kitco article written by Max Keiser which detail’s the Chinese plan to issue a cryptocurrency backed by gold. The purpose of this currency is to further undermine the US Dollar. We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity
Slack Technologies Inc. CEO Stewart Butterfield stands on the trading floor during the company’s IPO at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. Brendan McDermid | Reuters The biggest hurdle for companies aiming to follow Spotify and Slack into the public markets is that the direct listing process they
A chicken burrito, guacamole, bag of tortilla chips, and a drink are arranged for a photograph at a Chipotle Mexican Grill Inc. restaurant in El Segundo, California, U.S., on Wednesday, July 25, 2018. Patrick T. Fallon | Bloomberg | Getty Images Fast food Mexican restaurant chain Chipotle is “better, faster” and “stronger” heading into the
Is the bond market telling us that the yield curve is set to again invert? That is what we discuss tonight on Sunday Night Futures Live! We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity futures market. We also discuss top stock market
China’s hand in cementing a phase one trade deal with the U.S. keeps getting weaker even though many American media outlets keep reporting otherwise because they seem to like Chinese President Xi Jinping better than President Donald Trump, CNBC’s Jim Cramer said on Monday. Cramer said on “Squawk Box” the mainstream media wrongly thinks that
Netflix CEO Reed Hastings split the company in two in 2011, thinking that the growing ubiquity of high-speed Internet access would soon mean the end of their disruptive DVD mailing business. But neglecting the DVD business proved to be a mistake, and Netflix reversed course. Ore Huiying | Getty Images Wells Fargo downgraded Netflix on
Shoppers pack an aisle during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) As customers gear up for the biggest shopping days
Is the bond market telling us that the yield curve is set to again invert? That is what we discuss tonight on Sunday Night Futures Live! We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity futures market. We also discuss top stock market
Is the bond market telling us that the yield curve is set to again invert? That is what we discuss tonight on Sunday Night Futures Live! We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity futures market. We also discuss top stock market
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Venture capital funding for clean energy technology companies has declined after years of lackluster performance drove investors to other sectors. But a new fund is making a big bet that it’s possible
Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Here are some of the best analyst calls on Wall
SOPA Images | LightRocket | Getty Images While streaming platform Disney+ is off to a strong start, Wall Street analysts are not shying away from Netflix’s stock. In the week following Disney+’s launch, Netflix app downloads grew 4% year-over-year, Nomura Instinet noted, showing that Disney+ is not having a negative impact on Netflix’s growth potential.
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images An unusual trend in the stock market emerged recently as the latest sign that perhaps greed is the driving force behind the rally
Howard Stern Kevin Mazur | Getty Images Liberty Media CEO Greg Maffei believes the company is well positioned to capitalize on the growing popularity of podcasts and other audio content. Maffei, who joined CNBC’s David Faber from Liberty’s investor day in New York, said that while there is competition for audio content, exclusive agreements should
Bryan Thomas/Getty Images Ahead of Apple earnings later today, the market seems to be getting a bit of its mojo back after a tech-led selloff yesterday. In recent days, worries about trade have taken a back seat to earnings, and tech results have been mixed. Investors appear to be waiting to see whether results from
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