Investing

The Dow transports-tracking ETF (IYT) has fallen more than 3 percent in the last month, and TradingAnalysis.com founder Todd Gordon says there are troubling signs that it could fall below a key level. “We’re seeing some underperformance in the transports relative to the broader market as a result of the escalating tension with trade tariffs

The S&P 500 could finish the year with a strong rally — but in the meantime, the market is not out of the woods yet, Wall Street veteran Byron Wien told CNBC on Tuesday, a day after stocks were clobbered on the latest twist in the U.S.-China trade saga. Wien, vice chairman of Blackstone Private

Crude oil can go even higher after it spiked above $70 per barrel Tuesday for the first time since May. The latest jump came after the State Department ordered allies to halt their imports from Iran by November. This tightens supply heading into the second half of the year and into 2019; given these conditions,

They may have to start passing out neck braces on trading floors if the White House’s contradictions on trade policies continue much longer. Investors are getting whiplash from watching the back-and-forth happening among Trump administration officials who can’t seem to agree on a trade policy. Monday’s action featured a series of mixed messages about President

Companies who buy Iranian crude oil must completely cut those exports by the start of November or else they will face powerful U.S. sanctions, a senior State Department official told reporters on Tuesday. The State Department has conveyed that message to European diplomats in recent talks, the official said. The Trump administration has not yet

Technology stocks in the U.S., with generally higher valuations compared with the broader market, are fairly priced in the current environment, Richard Turnill, global chief investment strategist at BlackRock, told CNBC on Tuesday. “When we talk about this market trapped in a range … and then you look at share prices of many tech companies

Spotify is reinventing the way music is sold and could gain upwards of 20 percent, analysts with Barclays said Tuesday. “Our optimism around SPOT stems from the company’s history of creating best-in-class products and user experience and innovating ahead of peers,” Barclays analysts said in a note. The firm issued an overweight rating on the

Shares of Intel fell more than 1 percent on Tuesday after Bernstein downgraded the stock and slashed its price target, citing a narrow path for further gains and uncertainty following the abrupt departure of its CEO. Analyst Stacy Rasgon lowered his rating on Intel to underperform from market perform and slashed his price target on

Holy chips! The SMH semiconductor ETF tumbled nearly 4 percent on Monday in its worst daily performance since April. The ETF, which houses 25 of the largest U.S.-traded chips stocks, is on track for its first negative quarter since the third quarter of 2015, and according to one technical analyst, it’s about to get worst.

No one knows with certainty where the market is headed on a daily, monthly or yearly basis. While you can always find an example of an active investment manager who beat the market for a year or two, it’s nearly impossible to find evidence of any manager doing so on a consistent basis over the

Jack Ma’s Ant Financial is betting on blockchain but the Chinese billionaire warned against the technology’s first and most popular use case: Bitcoin. The financial-technology affiliate of e-commerce giant Alibaba launched a joint venture in Hong Kong Monday that uses blockchain for a cross-border remittance service. At the launch event hosted by Ant Financial, Ma

Carnival shares dropped Monday after the company cut its full-year guidance, citing increased fuel costs and unfavorable currency exchange rates. The stock closed down 7.85 percent at $58.54 per share, the largest decline since a 7.9 percent drop in February 2016, after the cruise line operator cut its full-year earnings outlook to a range between

Despite jangled nerves over the increasing potential for a global trade war, domestic stocks are outperforming their global counterparts, suggesting the U.S. has the least to lose should the conflict escalate. As major U.S. indexes notched losses of 1 percent or more Monday, others around the world got slammed as well. The Hang Seng in

Several of the market’s favorite semiconductor names are tanking on Monday as investors grow concerned over President Donald Trump’s plan to restrict foreign investments in U.S. technology companies. On Sunday the Wall Street Journal said the Treasury Department is drawing up rules to block companies with at least 25 percent Chinese ownership from buying companies

Starbucks shares have fallen 11 percent this year as the coffee giant has grappled with weakened same-store sales and flat traffic in recent quarters, but outgoing executive chairman Howard Schultz said last week the stock is inexpensive. Some market watchers are less than optimistic, at least in the near term. Schultz told CNBC’s Jim Cramer

AMD’s market share in the server and desktop chip market will surge in the next two years, according to Bank of America Merrill Lynch. The firm’s analyst, Vivek Arya, raised his price target for the company’s shares to $20 from $17, representing 27 percent upside to Friday’s closing price. He said AMD will likely generate

Former New York Stock Exchange President Tom Farley told CNBC on Monday that he isn’t so sure his old rival, the Nasdaq, should be considered a benchmark for technology stocks. When he hears and sees the term “tech-heavy Nasdaq Composite index,” Farley said it drives him “nuts.” “This isn’t even a tech index,” he contended

It happens late in nearly every bull market: Complaints that value-fund managers are beginning to “cheat” on their mandates by sneaking growth companies into their portfolios, high valuations and all, goosing performance now but taking big risks on when the next bear market may arrive. Now those worries are back, with the twist that the

Microsoft’s transition into cloud-based technology opens up new, lucrative markets for the software giant, according to Atlantic Equities, which assumed coverage Monday at overweight. The company’s recent organizational changes to better capitalize on its cloud computing business – known as Azure – is set to be a key profit driver, analyst James Cordwell told clients

Intel’s surprising management turnover will have a negative impact on its share price, according to Nomura Instinet. The firm lowered its rating to neutral from buy for Intel shares, saying the search for the company’s next CEO will add to concerns over its strategy. On Thursday, Intel announced the resignation of its CEO Brian Krzanich

Management turnover at Intel will not negatively impact the company’s business momentum, according Credit Suisse. The firm reiterated its outperform rating for the chipmaker’s shares, predicting the company will generate strong earnings results next year. On Thursday Intel announced the resignation of its CEO Brian Krzanich for his infraction of the company’s non-fraternization policy. Krzanich

Even as growth ramps up to what could be the fastest rate since before the financial crisis, economists are worried that a trade war could tip the U.S. into a significant slowdown or even a recession. Fears over a GDP pullback comes as President Donald Trump threatens another more severe round of tariffs aimed both

CarMax shares rose to an all-time high on Friday after the company reported quarterly earnings that beat expectations. The stock closed up 12.86 percent, posting its best day since June 24, 2014. The used-car company reported net earnings increased 12.7 percent to $238.7 million and adjusted earnings per share up 17.7 percent year over year

Energy stocks are riding crude oil’s rally. Now, a major energy ETF just needs to break its stubborn resistance level, according to one chart watcher. “The key level to watch is the $78 level on the XLE,” Matt Maley, equity strategist at MillerTabak, told CNBC’s “Trading Nation” on Thursday. “That’s the level that’s stopped rallies

Despite a generally positive economic outlook, one asset manager warns that signs of a potential market crash are now appearing. Regardless of whether it happens sooner rather than later, any time the market drops, Oracle of Omaha Warren Buffett recommends keeping a level head and picking up a copy of “The Intelligent Investor.” “Any time

President Donald Trump said on Friday he wants OPEC to raise its oil production. “Hope OPEC will increase output substantially. Need to keep prices down!” Trump said on Twitter. Tweet Link OPEC announced from its meeting in Vienna that it would raise output, but it was unclear by how much. The official press release by

Investors are starting to realize that massive strength in tech and retail stocks has been concealing weakness in the broader market, CNBC’s Jim Cramer said Friday. “This is a horrendous decline that we just haven’t talked about because it’s been masked by FAANG and by the retailers and by a couple [small-cap] domestic stocks,” Cramer

Electronic Arts shares will rise due to the success of its subscription gaming services, according to one Wall Street firm. Needham reiterated its buy rating for EA shares, saying its subscription business is already worth $3 billion to the company. “We believe that EA is building a Netflix for video games,” analyst Laura Martin said

The sustainability practice of a large European asset management firm is banning investments in Facebook shares. Nordea’s head of group sustainable finance Sasja Beslik explained the decision on social media Thursday. “Nordea has decided to exclude Facebook from the Nordea Stars Funds’ investments,” he said in a tweet. The company’s Stars Funds invest in firms

Bitcoin prices fell more than 5 percent on Friday after a regulatory agency in Japan ordered several cryptocurrency exchanges to review their business practices. The digital currency traded at $6,349 as of 7:45 a.m. ET, breaking below $6,400 for the first time in about a week. The order from Japan’s Financial Services Agency, led bitFlyer