- S&P Futures2,736.75+0.14%
- Dow Futures25,049.00+0.19%
- Nasdaq Futures6,937.25+0.31%
- Russell 20001,637.44+0.66%
- Crude Oil72.42+0.25%
- Gold1,293.30+0.19%
- Silver16.59+0.45%
- EUR/USD1.18+0.15%
- 10-Yr Bond3.07-0.07%
- Vix12.97-3.35%
- GBP/USD1.35+0.16%
- USD/JPY110.89-0.11%
- BTC-USD8,239.87-2.14%
- FTSE 1007,869.66+0.13%
- Nikkei 22522,960.34-0.18%
MarketWatch•15 hours agoBitcoin bull argues for rally to $20,000; CFTC to provide guidance on virtual currency derivatives
Bitcoin, the world’s biggest digital currency, drifted back under $8,500 on Monday as weekend gains slowly faded. The broader digital-currency market fared even worse, with most virtual assets kicking off the week in decline. After reaching a weekend high of $8,575.99, bitcoin has retreated and a single bitcoin(BTCUSD)(COINDESK:BTC-USD) was last worth $8,402.63, down 1.8% since Sunday’s levels at 5 p.m. Eastern Time on the Kraken exchange.
- Zacks•14 hours ago
How Cheap Is AT&T (T) Stock?
Investors have demonstrated their displeasure with AT&T T over the last several years. But while the communication and internet giant’s Time Warner TWX merger remains in question, AT&T stock does currently offer investors solid value.Time Warner’s chief
- InvestorPlace•18 hours ago
Sears Stores Closing 2018: List of 40 Latest Closures
Sears Holdings Corp (NASDAQ:SHLD) announced that the company is shuttering the doors of at least 40 more stores in the coming months. The retail chain announced that it will be closing 40 Sears and Kmart stores in July and August, according to a Business Insider report from May 19. The company has yet to comment on the matter, which includes 31 Sears locations and nine Kmart stores that will be closing in 24 states.
- Bloomberg•21 hours ago
Corporate Bonds Sink Fast in One of Worst Tumbles Since 2000
You need to rifle through 18 years of history to find selloffs that compare to the one corporate bond investors are now enduring. Debt of American companies just posted their third-worst 100-day returns since 2000, according to a JPMorgan Chase & Co. index, as tighter monetary conditions leave their mark on high-quality bonds with longer maturities. With negative returns likely to scare off retail investors, the outlook for the asset class looks grim, JPMorgan strategists said in a Friday note.
InvestorPlace•21 hours agoBears Are in Trouble in Alibaba Group Holding Ltd Stock
On and off the price chart, Alibaba Group Holding Ltd (NYSE:BABA) is building the case for investors. Alibaba, or what many rightly call Asia’s Amazon.com, Inc. (NASDAQ:AMZN) recently reaffirmed its position as the continent’s 800 lb. gorilla after delivering a stellar Q4 confessional. Bottom line, BABA’s solid earnings beat, raised guidance and enviable growth prospects in key markets as InvestorPlace’s Luke Lango recently laid out are simply hard to ignore — or worse yet, bet against.
- Bloomberg•21 hours ago
Citigroup Says Treasury Selloff Signals Bearish New Era for Risk
As the Treasury selloff kicks off in earnest, Citigroup Inc. says investors should prepare for a possible “normalization’’ of risk premiums across credit and emerging markets as the era of monetary distortion unravels. A bearish breakout in the world’s largest bond market remains an underestimated risk, strategists Mark Schofield and Ben Nabarro wrote in a Monday note. Investor sentiment remains sanguine, according to the strategists, with bulls arguing Treasury headwinds have been exacerbated by transitory forces like oil and stretched positioning.
- CNBC•14 hours ago
Micron shares spike in after-hours trading after a deal with Intel
Micron shares jumped nearly 4 percent after hours on Monday after announcing a deal with Intel and saying it would buy back $10 billion of its shares. Micron Technology MU shares spiked nearly 4 percent in after-hours trading after it announced a deal with Intel INTC to make and ship the next generation of chips used in flash drives and digital cameras. Intel shares reacted more modestly, up 0.24 percent in after-hours trading after climbing $1.5 percent on Monday.
- InvestorPlace•18 hours ago
Top 20 Gold Stocks to Buy Despite Irrational Markets
While gold stocks seemingly offer a viable solution, their overall performance has been unusually disappointing. When it does, today’s beaten-up and undervalued gold stocks could witness a robust revival. While I don’t begrudge the equities sector enjoying its resilient bull market, the underperformance in gold stocks doesn’t quite jibe.
- CNBC Videos•19 hours ago
Snap, Starbucks, and more in the blitz
The "Halftime Report" traders take investors through some of the day's biggest movers.
- MarketWatch•22 hours ago
All the ways you can mess up your 401(k) — even if you max out your contributions
Workplace retirement plans get a lot of bad press, primarily if they are loaded with high fees. Put simply, 401(k)s work. The bad news is that otherwise-diligent savers can still leave money on the table with a 401(k), often without realizing it.
- Oilprice.com•yesterday
5 Marijuana Stocks To Watch In 2018
Only a few years ago, marijuana was seen as a ‘’gateway drug’’. Flash forward to today: cannabis is a huge business, one that could be worth $25 billion in the U.S. alone by 2020, and analysts expect demand to skyrocket as new laws are passed and social attitudes change. In the United States, the legal cannabis industry is worth $6.7 billion, according to Bloomberg.
InvestorPlace•19 hours agoThis Baidu Inc (ADR) Dip Is Another Long Trade Opportunity for Easy Profits
Baidu Inc (ADR) (NASDAQ:BIDU) shares have been falling for the last two trading days on headlines. In a rising stock market, BIDU stock will be fine. Having said that, Baidu is a momentum stock, so it runs fast in either direction.
- Fortune•yesterday
Paper Jam! How Carl Icahn And a Billionaire Partner Blocked Xerox’s Merger with Fujifilm
Carl Icahn typically works alone. Instead, Icahn relies on an in-house team of fewer than a dozen financial analysts and lawyers, a brain trust that toils alongside their controversial, 82-year-old boss on the 47th floor of Manhattan’s General Motors Building.
- CNBC Videos•yesterday
Airlines could go bust due to higher oil prices, says Rya...
Ryanair Chief Executive Michael O'Leary speaks about how the price of oil is impacting his business.
- InvestorPlace•20 hours ago
4 High Dividend Stocks in the S&P 500 to Buy for Income
In a world of low interest rates, investors look for yield wherever they can find it. One common choice has become high dividend stocks. In the previous century, dividends did not compare well to bank interest rates.
- Zacks•21 hours ago
Top Analyst Reports for Procter & Gamble, AbbVie, McDonald's & PepsiCo
Monday, May 21, 2018The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 17 major stocks, including Procter & Gamble (PG), AbbVie (ABBV), McDonald’s (MCD) and PepsiCo
- Bloomberg•yesterday
EasyJet, Ryanair Court EU Investors on Concern Over Hard Brexit
Discount rivals EasyJet Plc and Ryanair Holdings Plc are shoring up their shareholder base in continental Europe in order to safeguard their right to fly there after Brexit. EasyJet, based in Luton, England, is holding investor roadshows in France and Germany this week and last week in a bid to increase the proportion of stock held within the European Union once Britain leaves. Ryanair, Europe’s biggest discount airline, said Monday that it will remove the voting rights of non-EU holders in the event of a so-called hard Brexit.
- Bloomberg•23 hours ago
Mnuchin Urges Antitrust Probe of Tech After Google Report
Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the American economy, the latest U.S. official to back antitrust scrutiny of the industry. A “60 Minutes” segment on Sunday devoted to assertions that Alphabet Inc.’s Google wields a destructive monopoly in online search hammered home the notion of the company’s dominance during a time of heightened public concern with technology giants. “These issues deserve to be reviewed carefully,” Mnuchin said in a CNBC interview early Monday in response to a question about the CBS News report.
- Zacks•yesterday
3 Mutual Funds to Buy From the PIMCO Portfolio
PIMCO or Pacific Investment Management Company, LLC is a well-known global investment management firm. It offers a broad lineup of investment solutions that encompass the entire gamut of equities, bonds, currencies, real estates, alternative investments and risk management. The company had around $1.77 trillion of assets under management as of Mar 31, 2018.
Associated Press•20 hours agoGeneral Electric continues transformation; $11B rail deal
General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO John Flannery continues to break off parts of the conglomerate. Wabtec CEO Raymond Betler will lead the combined company and its chairman, Albert Neupaver, will be executive chairman. Under the deal announced Monday and approved by the boards of both companies, General Electric Co. will get $2.9 billion in cash.
- InvestorPlace•yesterday
Blockchain: Party Like It’s 1999? Or 2000?
In the late 1990s, New York City partied to the tune of the internet. Cryptocurrency prices are not responding to the hype. While cryptocurrency advocates toss each other charges of complicity in scams, action has shifted decisively from tokens like bitcoin and ethereum to applications using blockchain technology.
Business Insider•21 hours agoThe reporter who broke the Theranos saga wide open explains what makes the company different from any other overhyped Silicon Valley startup
It had to do with just how far its founder Elizabeth Holmes got based on technology that wasn't ready. Theranos, which promised blood tests that used a fraction of the blood traditional tests used, was no exception.
- TheStreet.com•13 hours ago
9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019
2018 is just about over, in the minds of some investors. "We expect investors will soon look past 2018 and focus on 2019 growth," says Goldman Sachs strategist David Kostin. "For many years, beginning in July investors would start to value stocks
Reuters•17 hours agoCompanies win big at U.S. top court on worker class-action curbs
The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees. The justices, in a 5-4 ruling with the court's conservatives in the majority, endorsed the legality of the growing practice by companies to compel workers to sign arbitration agreements waiving their right to bring class-action claims on various disputes, primarily over wages and hours. The ruling could apply more broadly to discrimination claims like those raised by women as part of the #MeToo movement raising awareness of sexual harassment in the workplace but the court did not explicitly address that issue.
- Engadget•17 hours ago
Google faces lawsuit in the UK over Safari data collection
Way back in 2012, Google agreed to pay $22.5 million to settle FTC charges over the company's use of tracking cookies in the Safari browser. Now the company is being sued in the UK for the same issue, according to a report in The Guardian. Dubbed the Safari Workaround by the PhD researcher that discovered the loophole in 2012, it apparently allowed Google to collect personal information on users such as race, physical and mental health, political ideology, social class, location, shopping habits and financial data.This data was then aggregated, according to the prosecution, into different groups to provide "better" targeted advertising.
