Intelsat 35e Source: Intelsat Check out the companies making headlines after the bell: Shares of Intelsat SA slid nearly 2% during extended trading after the Federal Communications Commission announced it will publicly auction off a portion of its C-band spectrum wavelength in place of 5G wireless networks. Intelsat, along with three other satellite operators, provides
There’s no doubt that the U.S. stock market is still on its bullish trail. And much of that is thanks to the consumer. Consumers make up about 70% of the U.S. economy. And they seem to remain confident, as they continue to spend money. Going into the holiday season, that means good times for the
Even though I’ve discussed several dividend stocks to buy over the years, I’m not much for passive income. Don’t get me wrong: like any other rational person, I’ll take a payout any day. But when it comes to dividend stocks, they’re not my most favorite investment vehicle. For one thing, I tend to swing for
Most tech stocks are breathing a sigh of relief. Last year, many tech companies were not having a very happy holiday season. The tech wreck of 2018 saw many tech stocks bottom out on Dec. 24, 2018. But there’s a lot more holiday cheer in Silicon Valley this year. It’s been a choppy year. Tech
It was a decent day at the office for at least two of the three major U.S. equity benchmarks, as Wall Street’s mindset was afflicted by U.S.-China trade issues. The concern prompted some upside in defensive sectors, sending the S&P 500 up and down throughout the day. Source: FinViz The S&P 500 rose just 0.05% The Dow
Oil is taking the stairs higher Iran and OPEC could send nearby NYMEX futures for a test of $60 per barrel Is there another elevator ride to the downside coming? Crude oil continues to be the energy commodity that powers the world. Last year at this time, the price of oil was falling like a
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Let’s call them the undisrupted champions of Wall Street. A small group of enormous, elite consumer companies — once seen as vulnerable to onrushing digital disruption and shifting public tastes — have
Traders work on the floor at the New York Stock Exchange October 31, 2019. Brendan McDermid | Reuters Stocks have jumped nearly 7% in just five weeks and may be ready to take a short breather, but strategists say a powerful rotation is at work and that could propel the market much higher. Strategists see
Editor’s note: “5 Great Blue-Chip Stocks to Buy” was previously published in October 2019. It has since been updated to include the most relevant information available. In this current era of geopolitical instability, the best stocks to buy could be America’s blue-chip stocks. Blue-chip stocks don’t necessarily have a formal definition, but they are generally
For those looking to knock one out of the park, the biotechnology sector frequently provides the catalysts you need. Case in point is Ocugen (NASDAQ:OCGN), a gene therapies provider that specializes in rare eye diseases. Previously a privately held company, OCGN entered into a reverse merger with Histogenics. Essentially, Histogenics shares, HSGX, has become Ocugen
Investors took pause on Thursday, as equities cooled off a bit and a few key earnings reports rolled in. Let’s take a closer look at a few top stock trades going into the end of the week. Top Stock Trades for Tomorrow No. 1: Cisco Systems (CSCO) Cisco Systems (NASDAQ:CSCO) is getting hammered after reporting
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Google employees at the tech giant’s headquarters in Mountain View, California, walk off the job to protest the company’s handling of sexual misconduct claims. Mason Trinca | Getty Images News | Getty Images When it comes to investing, the notion that you can make money in the market and feel good about your investments at
Online fashion house Farfetch’s CEO Jose Neves and members of the company’s leadership team ring the opening bell to celebrate their IPO at the New York Stock Exchange in New York, September 21, 2018. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Farfetch shares surged 20% during extended trading after
Most of 2018 was a disaster for Activision Blizzard (NASDAQ:ATVI) stock. Source: Lauren Elisabeth / Shutterstock.com In fact, after topping out at $84 in early October 2018, Activision Blizzard stock quickly sank to less than $40 per share, as investors worried that the company’s revenue and margins would decline. ATVI also announced that it would
On Oct. 28, Nio (NYSE:NIO) CFO Louis T. Hsieh tendered his resignation. Although Nio’s press release stated the finance executive was leaving for personal reasons, owners of Nio stock must know in their heart of hearts he jumped ship because he couldn’t take anymore groveling for financing to keep the maker of electric SUVs afloat.
It was another quiet session for the stock market today. U.S. equities hovered close to break-even, while volatility remains low. To put it simply, investors aren’t willing to part ways with their stocks, even as they sit around all-time highs. However, that didn’t mean Thursday went by without drama. Much of it was seen in
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Nick Schommer, Janus Henderson Source: Janus Henderson (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Being a contrarian can make someone seem like a genius or idiotic. For Nick Schommer, it has been the former this year. Schommer manages the Janus
Check out the companies making headlines before the bell: J.C. Penney – The retailer lost an adjusted 30 cents per share for its latest quarter, smaller than the 55 cent loss that analysts were predicting. Revenue did come in below forecasts, but an adjusted comparable store sales drop of 6.6% was smaller than the consensus