Investors are concerned about three key risks but they may be worrying for nothing, strategist Scott Wren told CNBC on Tuesday. The questions of whether there will be a policy mistake by the Federal Reserve, whether global growth is going to slow and whether there will be a margin squeeze have been weighing on investors,
Month: November 2018
Check out the companies making headlines after the bell: Shares of Autodesk rose over 9 percent during the extended session Tuesday. The software design company reported earnings of 29 cents a share, slightly above analysts’ expectations of 27 cents a share. Autodesk reported $661 million in revenue, versus an estimate of $640 million. Foot Locker
House real estate graph price investment mortgageGetty Royalty Free Mortgage loan limits can affect home prices. They’re an important, but often forgotten, part of the story behind The Great Real Estate Bubble and current high home prices. During the real estate bubble of the 2000s, Fannie Mae and Freddie Mac were involved, one way or
U.S. homebuilding rose in October amid a rebound in multifamily housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher. Other details of the report published by the Commerce Department on Tuesday were also soft. Building permits declined last
A total of $60 billion has been erased from the value of all cryptocurrencies over the last week, a decline that has many wondering if the ongoing bear market for the asset class has finally come to an end. Defined as a period of depressed activity and sentiment, the bear market has seen the price of
Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days. The leading cryptocurrency by market capitalization fell to $4,200 soon before press time – a price low not seen since Oct. 5, 2017 – and was last seen trading at $4,484, according to CoinDesk’s Bitcoin Price
Bitcoin’s drop to 13-month lows has likely put the cryptocurrency on the path to post its worst monthly loss of 2018. The leading cryptocurrency is currently trading at roughly $4,700 – down roughly 26 percent from the monthly opening price of $6,320 – according to CoinDesk market data. As of now, November is the second-worst
If you want to slash your 2018 tax bill, consider giving away some of your wealth. This year marks the first under an overhaul of the tax code — and of traditional charitable giving. The Tax Cuts and Jobs Act roughly doubled the standard deduction to $12,000 for singles and $24,000 for married couples who
Each of the five ‘FAANG’ stocks slipped into a bear market during Monday trading. The FAANG stocks – Facebook, Amazon, Apple, Netflix and Google-parent Alphabet – have fallen steadily over the last 6 weeks as the companies delivered disappointing earnings and mixed forecasts. Facebook in particular has been hard hit during this round of selling,
The bull market is “in trouble,” strategist Alicia Levine told CNBC on Monday. U.S. stocks continued to fall on Monday, with large tech stocks leading the way down. The action came after equities posted sharp weekly losses on Friday. “There is probably another leg down from here,” said Levine, chief investment strategist at BNY Mellon.
Facebook tanked again on Monday. The stock has now plummeted 13 percent in November amid fresh controversy over how it deals with misinformation and reports of turmoil in the C-suite. Facebook is now 39 percent from record highs reached in July. Here’s what three experts have to say: Victor Anthony of Aegis Capital is not
Student loan borrowers with cancer can now pause their payments. Under the rule, included in a recent bipartisan congressional spending package, borrowers are exempt from student loan payments throughout their treatment for cancer and then for six months afterward. Additionally, interest will not accrue during the postponement. Some cancer patients can rack up an extra
Ten things need to change for the stock market to come back from its Monday declines, CNBC’s Jim Cramer said as high-profile technology stocks Facebook and Apple led the major averages lower. “When does this rout end? When do the buyers come in? When do the sellers finish?” he wondered aloud on “Mad Money.” “Frankly,
CNBC’s Jim Cramer wants to see cold, hard proof of a turnaround in beer maker Molson Coors’ North America business before recommending its stock to investors. “Molson Coors is definitely getting its act together, but I want to see some signs of real improvement in the core business before I recommend this stock as an
Schlumberger Ltd.: “My charitable trust owns SLB and it owns BP because these have good yields and good balance sheets and I think that oil is not done. I was going back and forth with my colleague today and he said, ‘Listen, you’ve got to be really careful. This is the twilight of fossil.’ And
The Trump administration’s mixed messaging on trade with China could result in increased tensions between the United States and the People’s Republic, CNBC’s Jim Cramer said Monday as the major averages endured a technology-led sell-off. After hearing the hard-line stance embraced by Vice President Mike Pence in his Oct. 4 speech at Washington’s Hudson Institute,
Ten things need to change for the stock market to come back from its Monday declines, CNBC’s Jim Cramer said as high-profile technology stocks Facebook and Apple led the major averages lower. “When does this rout end? When do the buyers come in? When do the sellers finish?” he wondered aloud on “Mad Money.” “Frankly,
Check out the companies making headlines after the bell: Urban Outfitters shares rose over 6 percent during after-hours trading Monday after the retailer beat analysts’ expectations on revenue and earnings. The company reported earnings of 70 cents a share versus an estimate of 62 cents a share. Third-quarter revenue was $974 million, while analysts had
Bitcoin has hit its lowest level again this year. Is it the beginning of the end for Bitcoin? I bet that question has been asked many times over in 2018. Bitcoin gained house-hold name status around Thanksgiving last year. That was the kind of year Bitcoin had in 2017. Bitcoin’s Lowest Level But now, Bitcoin
Hard forks and lack of governance were a huge issue during the rise of cryptocurrency back in late 2017. It seems this hasn’t changed in 2018, as we have just encountered a new Bitcoin Cash hard fork controversy. Hard forks are required for large blockchain network updates and require all nodes running the network to switch
The price of bitcoin, the world’s largest cryptocurrency, now starts with the number four after falling to fresh 2018 lows on Monday. Indeed, its price fell below $5,000 for the first time since October of 2017 and its current price – currently hovering above $4,800 at time of writing – reflects a roughly 40 percent
Photocredit: GettyGetty It’s one of the oldest tricks in the real estate book. If you’re trying to get the most out of the eventual sale of your property, you should try to buy in an up-and-coming area. Ideally, one that people will be going crazy over in a few years. However, then the question becomes how
Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation’s homebuilders. Sentiment among homebuilders dropped 8 points in November to 60 in the National Association of Home Builders/Wells Fargo Housing Market Index. That is the lowest reading since August 2016, but anything above 50 is
Bitcoin (BTC) dropped to its lowest level since October 2017 on Monday, as losses are seen across the broader crypto market. The leading cryptocurrency fell to $5,165 earlier today – the lowest level since Oct. 18, 2017 – having breached the crucial support of $6,000 last week. As of writing, BTC is changing hands at
Bitcoin dropped below $5,000 for the first time in over 13 months on Monday. CoinDesk price data reveals the world’s largest cryptocurrency by market capitalization fell to $4,981 shortly after 16:30 UTC on Monday, signifying a dollar-decline of more than $500 for the day when the move occurred. That’s the lowest figure since Oct. 12,
Coca-Cola’s $5.1 billion acquisition of U.K. coffee chain Costa was less of an effort to take on giants like Starbucks than a move to create a new type of coffee experience, Coca-Cola President and CEO James Quincey tells CNBC. To Quincey, who joined Jim Cramer for an exclusive interview Friday, the coffee industry has split
Target Corp.: “I think that the sector has to go down because it’s part of the fact that the Fed keeps tightening. They go lower. I think Target’s doing OK, but I wouldn’t buy it till after it reported.” Wynn Resorts Ltd.: “No. Ever since [former CEO] Steve Wynn left, we left with it.” Tesla
The breakdown in shares of Nvidia is a prime example of why investors should never fall in love with a stock, CNBC’s Jim Cramer said Friday as shares of the chipmaker hovered near their 52-week lows. The stock plunged as much as 19 percent after Nvidia’s third-quarter earnings report, which missed revenue estimates. Management’s guidance
Gaming may be a massive industry, but lately, shares of top video-game publishers have been struggling, so much so that CNBC’s Jim Cramer decided to dig deeper on Friday and find the source of the weakness. Even with the triple tailwinds of the rise of the stay-at-home economy, the rise of e-sports and the rise
Amazon will soon have more than 50,000 jobs to fill. The company announced this month it will open two new headquarters, one in New York City, and the other in northern Virginia, and that the average salary will be more than $150,000. Wondering if you could be a contender? CNBC talked with former recruiters at
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 9
- Next Page »