Holiday shoppers at a Target store in Culver City, California. Mark Ralston | AFP | Getty Images Despite retailers banking on acceleration in the fourth-quarter from holiday sales, Wells Fargo said fundamental trends have deteriorated. “While the majority of companies appear optimistic on their ability to drive solid growth in [the fourth quarter of 2019],
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Investors should be wary when it comes to trusting China over President Donald Trump, CNBC’s Jim Cramer said Monday. “I’m aghast we trust the People’s Republic of China more than we trust the White House,” Cramer said on “Squawk Box.” “The predominance of coverage this morning is that the President is lying. I’m not willing
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, U.S., September 28, 2017. Brendan McDermid | Reuters Roku’s streaming business is growing faster than Netflix was at a similar stage in the company’s life, according to
Aaron M. Sprecher | Bloomberg | Getty Images Cash is still not the answer, despite looming economic uncertainty, according to UBS. “We believe that investors can keep their investment strategies on track for the long term even in the current uncertain times without retreating to cash,” UBS global chief investment strategist Mark Haefele said in
Basketball legend-turned-business mogul Shaquille O’Neal told CNBC on Wednesday about the worst investment he ever made. O’Neal mentioned an unnamed paper company that allegedly promised him fraudulent deals. A guy who owned this paper company said he had all these deals in all the schools and with the government. … Turned out to be a
A JetBlue plane Tom Williams | CQ-Roll Call Group | Getty Images Here are the biggest calls on Wall Street on Wednesday: Deutsche Bank named JetBlue as a ‘catalyst call’ short-term investment idea Deutsche said investors should buy the airline’s stock and that it had a “good” balance sheet and “solid” market position among other
A pack of Marlboro brand cigarettes is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Tobacco giants Philip Morris and Altria confirmed on Tuesday they were in merger talks, making one or multiple traders millions of dollars, according to trader and CNBC contributor Jon Najarian. Najarian highlighted unusual activity
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A customer stands at a counter inside a Verizon Wireless retail store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Tuesday: Wedbush added Zynga to the ‘best ideas’ list Wedbush is bullish on Zynga‘s upcoming slate of new releases. “We think that key titles
In Swing Trading Toiday we update our Technical Analysis of both Google and Silver along with a review of the charts of the futures market this morning. ✅14 Day Free Trial Final Days! Hurry! http://bit.ly/2Akb7Lq ================================================= ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ================================================ ?TrendSpider Automated Charting Tour http://bit.ly/2vhKA07 Use Discount Code CT25Z
In our anaysis of Carbonite $CARB we discuss the unsustainable downtrend in the shares. We are long but looking to add more aggresivily at key histroical support levels on the stock charts. ✅14 Day Free Trial Final Days! Hurry! http://bit.ly/2Akb7Lq ================================================= ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ================================================ ?TrendSpider Automated Charting Tour
Apple CEO Tim Cook visits an Apple store in Shanghai, China. Aly Song | Reuters Apple’s stock is helping lead U.S. stocks higher on Monday, buoyed by the possibility of re-opened trade negotiations with China, but a couple of Wall Street firms say the technology giant is better positioned than some might think even if
Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) applaud during the Nasdaq opening bell ceremony celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Here are the biggest calls on Wall Street on Monday: Guggenheim upgraded Lyft
People walk by a Nike store in New York. Spencer Platt | Getty Images Here are the biggest calls on Wall Street on Friday: Seaport Global initiated KB Home, D.R. Horton, Lennar, and PulteGroup as ‘buy’ Seaport said that despite it being a “volatile” group, the firm had a “generally positive” view of the homebuilders.
Today Bob discusses his swing trades for next week. While Google has great products and services it is time to short GOOGL. Bob also lays out why he is very bullish on Silver using the USLV ✅14 Day Free Trial Final Days! Hurry! http://bit.ly/2Akb7Lq ================================================= ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ================================================
In this photo illustration, a visual representation of a cryptocurrency sits on display in front of a Facebook logo. Chesnot | Getty Images Some original investors in Facebook’s digital currency project are considering leaving, the Financial Times reported Friday. Two Libra founders told the Financial Times they were worried about the regulatory spotlight that the
Customers try iPhones at the Apple store in Hong Kong, China. Stringer | Anadolu Agency | Getty Images Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations. Shares of Apple, Nike and Caterpillar all tanked more than 3.5%, hitting their
International Monetary Fund chief economist Gita Gopinath speaks during a press conference in Washington D.C., on April 9, 2019. Liu Jie | Xinhua News Agency | Getty Images The outlook for the global economy keeps getting bleaker, the chief economist at the International Monetary Fund said Friday. “As the year is progressing, it’s getting harder
Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019. – Global markets remain on red alert over a trade war between the two superpowers China and the US, that most observers warn could shatter global economic growth,
St. Louis Federal Reserve President James Bullard said Friday the central bank should continue to ease monetary policy because of the recession signal being flashed by the bond market. “The yield curve is inverted here. We’ve got one of the higher rates on the yield curve here. That’s not a good place to be,” Bullard told CNBC’s