- S&P Futures2,761.00+0.44%
- Dow Futures25,324.00+0.49%
- Nasdaq Futures7,120.75+0.63%
- Russell 20001,553.09+0.41%
- Crude Oil71.18-0.84%
- Gold1,231.60+0.11%
- Silver14.77+0.26%
- EUR/USD1.16-0.09%
- 10-Yr Bond3.16+0.70%
- Vix20.33-4.60%
- GBP/USD1.32+0.45%
- USD/JPY112.09+0.28%
- BTC-USD6,615.90+0.05%
- FTSE 1007,008.74-0.29%
- Nikkei 22522,549.24+1.25%
- CNBC•13 hours ago
Morgan Stanley: The stock sell-off is going to get worse
The stock market is in the middle of a rolling bear market, says Morgan Stanley's Mike Wilson. "It's being caused by a drain in liquidity and peaking growth," Wilson says. The stock market sell-off is only going to get worse, predicts Morgan Stanley's chief U.S. equity strategist, Mike Wilson.
- MarketWatch•18 hours ago
These are the bad things about early retirement that no one talks about
For all the glamour of living an early retirement lifestyle, there are plenty of negatives I’ve come to discover since I permanently left my job in 2012. As a result, you’re repeatedly forced to will yourself into action.
- Bloomberg•yesterday
As Cannabis D-Day Approaches, Winners and Losers Set to Emerge
After Canada legalizes recreational marijuana on Oct. 17, it will only take a quarter or two for clear winners and losers to emerge, according to investors and analysts who follow the sector. “These have all been concept stocks and they’re going to actually have to be real companies in another few months, which I think a lot of guys are terrified about,” said Greg Taylor, who manages the Purpose Marijuana Opportunities Fund. Taylor prefers CannTrust Holdings Inc., Hexo Corp. and Organigram Holdings Inc., which he says trade at a “more realistic valuation” than some of their bigger peers.
- Yahoo Finance•23 hours ago
Sears bankruptcy could make these 5 big companies multi-million-dollar losers
Being an unsecured creditor of Sears (SHLD) right now is not a good place to be. The 125-year old former retail icon filed for chapter 11 bankruptcy protection early on Monday, crippled from years of losses and mounting debt. Sears plans to close about
Reuters•17 hours agoMany U.S. mall owners say good riddance to Sears
The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans. Most large U.S. malls are controlled by REITs. In recent years, the REITs have cut their exposure to Sears Holdings Corp, which filed for Chapter 11 bankruptcy on Monday.
- Morningstar•yesterday
Jack Bogle's Stock and Bond Market Return Expectations
The Vanguard founder says low dividend yields, modest earnings growth potential, and still-low rates mean returns are set to be lower.
Business Insider•17 hours agoAfter years of wasting time in meetings, 3 former Googlers decided to do things differently at their new startup
The executives of the startup Beeswax, all former Google execs, say they've learned how to keep meetings streamlined and efficient. The three founders of the ad-tech startup Beeswax seem to get that. "We're all thoughtful about not having a proliferation of meetings, because one thing we all felt in our previous careers is that there can be lots of redundant meetings," Shamim Samadi, Beeswax's chief product officer, told Business Insider.
- TheStreet.com•14 hours ago
Monday Madness: Is Nvidia a Hit or Miss?
TheStreet's Julie Iannuzzi covered Jim Cramer's investing boot camp. Nvidia (NVDA - Get Report) has long been a favorite of TheStreet's founder and Action Alerts Plus Portfolio Manager Jim Cramer, but he told a packed audience Saturday at his Boot Camp for Investors in New York why his charitable trust recently sold out of the stock.
- Yahoo Finance•19 hours ago
Ark Invest CEO: Tesla 'is a replay of Apple'
Tesla (TSLA) and Apple (APPL) have at least one thing in common – and it’s a big factor leading one analyst to project a price target of $4,000 for the electric vehicle manufacturer. It comes down to the chips, ARK Invest CEO and CIO Cathie Wood said in an interview with Yahoo Finance on Friday. Tesla CEO Elon Musk confirmed in August that the company would be making its own computer chips for automated driving, pivoting away from hardware produced by chipmaker Nvidia (NVDA).
- MarketWatch•15 hours ago
Marijuana stocks to watch: Canopy Growth is the cannabis business’s $4 billion gorilla
The following article is part of a package of stories that MarketWatch is publishing to mark the start of full legalization of cannabis for adult use in Canada on Wednesday. Smith Falls, Ontario–based Canopy Growth Corp. made headlines and drove cannabis stocks to new heights over the summer when it announced that Corona brewer Constellation Brands Inc. was going to invest an additional $4 billion in the company. Billed by both companies as a strategic partnership, the additional $4 billion investment adds to the 9.9% stake that Constellation bought in October of last year and sets the company up to either be bought outright by Constellation — via warrants that could increase its stake to more than 50% — or continue to work with the beverage company to create a range of consumer-focused cannabis products that may one day appear in markets in dozens of countries.
Business Insider•21 hours agoWarren Buffett predicted the fall of Eddie Lampert and Sears over 10 years ago (SHLD, BRK.A, BRK.B)
Sears filed for Chapter 11 bankruptcy early Monday, the culmination of a downward spiral. CEO Eddie Lampert, once called the "next Warren Buffett," will also step down. Incidentally, Buffett predicted the retailer's and Lampert's downfall in 2005.
- InvestorPlace•19 hours ago
Go Long Nvidia Stock While the Chips Are Down
Given the improving fundamental backdrop and positive technical outlook, traders and investors alike can look to add Nvidia stock to their portfolios on any further weakness. Click to Enlarge Aside from just answering some interesting old questions, Nvidia stock is getting decidedly more attractive on a fundamental basis. It’s important to remember that Nvidia stock has handily beaten earnings over the last four quarters, yet the shares haven’t reflected that strength during that time frame.
- Zacks•13 hours ago
AT&T (T) Gains As Market Dips: What You Should Know
AT&T (T) closed the most recent trading day at $32.36, moving +0.34% from the previous trading session. Prior to today's trading, shares of the telecommunications company had lost 4.25% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.44% and lagged the S&P 500's loss of 4.1% in that time.
- Zacks•21 hours ago
NVIDIA Soars in AI Market With New Platform & Partnerships
NVIDIA Corporation’s NVDA efforts in artificial intelligence (AI) and machine learning in various fields are gathering momentum, thanks to its initiatives and adoption of its technologies by key companies.The past week has been quite eventful for NVIDIA
- Fortune•2 days ago
Walmart Set to Pay $65 Million Over Making Cashiers Stand
Walmart could soon pay $65 million in a 9-year-old class action lawsuit over its lack of seating for cashiers. Nisha Brown brought the suit in 2009, according to the Los Angeles Times, and 100,000 current and former California Walmart cashiers are eligible to receive part of the payout. Walmart, however, has maintained that the nature of the work as a cashier does not permit cashiers to sit down.
- TheStreet.com•12 hours ago
General Electric Slips as Cowen Suggests Culp Needs to Take Action
fell Monday after Cowen and Co. cut its price target on the stock as analysts expect the new Chief Executive Larry Culp to take actions to improve the beleaguered industrial's financial standing. Cowen analysts, including Gautam Khanna, said they expect Culp to impose a dividend cut, possibly raise more equity, and reset earnings per share/free cash flow, to shore up the balance sheet.
- CNBC•12 hours ago
Cramer's lightning round: Cisco's stock is a buy ahead of the company's earnings report
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Cisco Systems Inc. CSCO : "Yeah, I would [buy ahead of earnings next week]. I think the stock is
- CNBC Videos•16 hours ago
Bank of America to be a market performer at best, says an...
Ken Leon, CFRA equity analyst, discusses the earnings reports from big banks like Bank of America and what he thinks investors need to know about the sector.
- Zacks•20 hours ago
Why CenturyLink (CTL) is Poised to Beat Earnings Estimates Again
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? CenturyLink (CTL), which belongs to the Zacks Wireless National industry, could be a great candidate to consider. This communications company has an established record of topping earnings estimates, especially when looking at the previous two reports.
- TheStreet.com•21 hours ago
Canopy Growth Is Poised to Explode to the Upside
Shares of Canopy have soared 68% over the past three months. In this daily bar chart of CGC, below, we can see that prices are up five-fold over the past 12 months. CGC was trading at $10 back last October and now is trading around $50 with spikes above $55 last month.
- CNBC•12 hours ago
Cramer's No. 1 fear in this market? The rally in shares of Clorox
CNBC's Jim Cramer explains why a surge in a stock like Clorox can mean bad news for the broader economy. The "Mad Money" host connects the move to the Fed's rate hike plans. As the stock market tried and failed to regain its bull status on Monday, with the tech sector driving the major averages lower into the close, what really worried CNBC's Jim Cramer were the stocks going up.
- TheStreet.com•14 hours ago
J.C. Penney and Sears Aren't Cut From the Same Cloth
Bill Friend, vice president of Fluent Commerce, a retail management platform, told Real Money that J.C. Penney and Sears are not cut from the same cloth. "Sears was raided by hedge fund guys, so they were never going to really recover," he said. Eddie Lampert has been much maligned during his tenure at Sears.
- Zacks•12 hours ago
Netflix (NFLX) Stock Sinks 1.9% Ahead of Q3 Earnings: What to Watch
Shares of Netflix NFLX dipped 1.9% during regular trading hours Monday just one day before the streaming TV giant’s third-quarter earnings release. With that said, let’s take a look at what investors should expect from Netflix’s Q3 financial results Tuesday. Netflix fell short of its own subscriber projections by 1 million last quarter.
- Yahoo Finance•17 hours ago
Eddie Lampert's Sears obsession faced a brutal 1-2 punch
In 1989 Sears was the largest retailer in the United States. Many people will lay the blame at the feet of Eddie Lampert, the Wall Street power investor who took control of Sears in 2004 and soon after merged it with Kmart which he also controlled. Lampert, who has now stepped down as CEO of Sears as part of the bankruptcy filing, remains its chairman and its largest shareholder.
- MarketWatch•18 hours ago
A Sears liquidation could create some winners and over 100,000 losers
Sears Holdings Corp.’s seemingly imminent liquidation could create some winners and many losers, according to experts. With major lenders now pressing for liquidation versus reorganization, Sears (SHLD) could soon be going out of business. The large players in the appliance category, including Lowe’s Cos. (LOW) , Home Depot Inc. (HD) , and Best Buy Co. Inc. (BBY) , stand to gain shares and scale even if there’s a temporary discounting disruption, according to UBS analysts led by Michael Lasser.
