5 Large-Cap Stocks Getting Crushed in the Trade War

U.S. equities came under serious and growing pressure on Thursday as the U.S.-China trade spat devolved into an outright global trade war with countries Japan and South Korea getting caught in the crossfire. The Trump Administration is raising the stakes with its efforts to block Huawei from using American technology, pushing allies like South Korea to do the same. Beijing is firing back with calls to boycott American tech firms like Apple (NASDAQ:AAPL) and threats to dump its U.S. Treasury bonds holdings — totaling more than $1 trillion.

Cramer: 5G rollout has tower stocks in 'raging bull market mode'

"Once you build a tower, you can just add another antenna to it when you pick up a new client, so the margins are terrific," he says.

• 
  Cramer: The bad trade news is partially baked in, but the sell-off isn't over

  CNBC Videos
• 
  Cramer Remix: Owning Apple may get rocky, so hold on tight

  CNBC

Intel Stock Could Still Have a Long Way to Fall

CEO Bob Swan is just the seventh leader in Intel's history, the first without a technology background. Today only two members of the company's nine-member board are technologists. Safe Stocks to Buy This Summer As Adam Savage once said, “Well, there's your problem.

Lowe's space search for new tech team could total 200,000 square feet

If Lowe's Cos. Inc. picks Charlotte for 2,000 IT jobs, don't look for the office of its chief information officer and other technology units to move to the Queen City, says Dan Frahm, Lowe's vice president of communications. “Mooresville remains our headquarters, and as you know, we have continued to build that presence, including the recent announcement we will move 600 corporate positions from Wilkesboro to Mooresville,” Frahm says. Lowe's CIO Seemantini Godble “will remain in Mooresville with the rest of our executive leadership team,” Frahm says.

Could Ford Buy Tesla? Here's How Likely A "Doomsday" Scenario Is

The auto maker is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the classic business solutions would be an acquisition. Maybe a white knight with the cash and managerial and operational wherewithal to come in, buy the company, fix the broken parts, and let Tesla become what it had the potential to be.

Yield-Curve Inversion Deepens, Traders Brace For Trade-Driven Recession

The recent escalation in tensions, the hiking of retaliatory tariffs, and the threat of an all-out tech-war have raised the odds of a global economic recession. With Thursday's drop in ten-year rates the U.S. yield-curve inversion deepened. The inversion, when the ten-year note yield is lower than the three-year bill, is a closely watched indicator of future recession and has been flashing its warning signal for months.

PayPal Stock Will Move Higher, but There Are Way Better Choices

Given the growth in the payments industry, PYPL will continue its rise long term. However, the question is not whether to buy PYPL stock, but if investors should choose it over its closest peers. PayPal stock continues to register impressive growth, even as it seeks to address the competitive threat posed by Square (NYSE:SQ).

Boeing Faces SEC Investigation Into Its 737 Max Disclosures

The U.S. Securities and Exchange Commission is investigating whether Boeing Co. properly disclosed issues tied to the grounded 737 Max jetliner, according to people familiar with the matter, as regulators intensify their scrutiny of the company following two deadly crashes. Officials in the SEC's enforcement division are examining whether Boeing was adequately forthcoming to shareholders about material problems with the plane, said the people who asked not to be named because the probe isn't public. The agency is also reviewing the aircraft manufacturer's accounting to make sure its financial statements have appropriately reflected potential impacts from the problems, the people said.

• 
  Exclusive: FAA tells U.N. aviation agency 737 MAX ungrounding in U.S. could happen by late June - sources

  Reuters
• 
  FAA chief has no timetable for Boeing 737 MAX approval

  Reuters

Pot Stocks: How One Tiny Company’s Revenue Could Explode

Now that 15 pot stocks have made it onto the Nasdaq — with yesterday's addition of Organigram (NASDAQ:OGI) — smart investors are already wondering: Which will be the next cannabis company to get called up to the big leagues? I've got my theories. But there's one factor that's almost as important as a company's ability to “uplist” to a major stock exchange … … and that's its business model.

• 
  11 Pot Stocks Now Listed on the NYSE or Nasdaq

  Motley Fool
• 
  4 Billion-Dollar Marijuana Stocks With Rising Profit Estimates

  Motley Fool

Buyer of $64M apartment complex sues Triangle developer over mixed-use project

A proposed mixed-use development near Research Triangle Park in Durham is the subject of a complex lawsuit circulating North Carolina Business Court – one that's ensnared companies connected to developer Craig Davis. Apartment owner Bel Republic Limited Partnership (part of Massachusetts investment management firm Eaton Vance Corporation) has filed a lawsuit against Davis-Rodwell and its parent, Craig Davis Properties – together referred to as the “Davis Defendants” in the complaint – trying to stop a 482-unit mixed-use development it says violates its own exclusivity on Davis Drive. The situation dates back to when Davis-Rodwell purchased the 30.1 acre tract at 362 Davis Drive in 2004.

25 Stocks to Avoid After Memorial Day

Below, we take a look at the 25 worst stocks to own the week of Memorial Day. Looking at S&P 500 Index stocks over the past 10 years -- and considering only stocks with at least eight years' worth of returns -- a handful of bank names made the list. STI and FITB have ended the week lower 80% of the time, averaging losses of 2.49% and 2.07%, respectively, per data from Schaeffer's Senior Quantitative Analyst Rocky White.

• 
  Biogen Stock One of the Best to Own Next Week

  Schaeffer's Investment Research
• 
  Finjan Holdings Enters Oversold Territory

  Zacks

The Funded: One Bay Area biotech goes public while another files IPO plans

Meanwhile, another Bay Area biotech company — Personalis Inc. filed plans for an IPO in which it hopes to raise about $115 million. There have been six life science IPOs so far this year, including two of the most successful ones in the country so far — Santa Clara-based ShockWave Medical Inc.

• 
  NYSE Cuts Fees to Court Biotech Listings Away From Nasdaq

  The Wall Street Journal
• Bay Area figures prominently in hottest IPOs so far this year

  American City Business Journals

Global Payments near deal to acquire Total System Services: Sources

Payment technology company Global Payments is nearing a deal to acquire peer Total System Services for about $20 billion, people familiar with the matter tell CNBC. The deal would mark the latest in a flurry of activity in the payment technology space. CNBC's Dom Chu reports.

• 
  Global Payments, Total System Have Held Tie-Up Talks, Sources Say

  Bloomberg
• Global Payments, Total System explore potential deal - Bloomberg

  Reuters

Elon Musk's SpaceX raises over $1 billion this year as internet satellite production ramps up

The funds are key, as Spacex must finance its daunting plan to provide internet from a network of thousands of small satellites. SpaceX has raised just over $1 billion in financing since the beginning of the year, a filing seen by CNBC revealed on Friday, as the company seeks backing for its daunting plan to provide internet from a network of thousands of small satellites. The funds are key, as SpaceX just launched the first full mission of its Starlink satellites on Thursday evening.

• 
  SpaceX Releases 60 'Flatpack' Satellites As Part of Global Internet Program

  Storyful
• 
  First satellites for Musk's Starlink internet venture launched into orbit

  Reuters

Canopy Growth Stock Could Regain Its 2019 Highs

Optimism towards CGC stock has grown over the past month, although CGC stock price has dropped recently.Is the recent decline of CGC stock price a great buying opportunity or is the market sending a warning sign to the owners of Canopy Growth stock? Safe Stocks to Buy This Summer Recent Catalysts In mid-April, CGC stock price rallied on several positive notes. First, Bank of America's analysts slapped a buy rating on Canopy Growth stock with a $52 price target.

• 
  Canopy Growth and Acreage shareholders to vote on acquisition deal on June 19

  Yahoo Finance Canada
• 
  There’s No Question Canopy Growth Stock Wins in the Long Term

  InvestorPlace

Mark Cuban explains how he would fight the trade war differently than Trump

In a new interview, Dallas Mavericks owner Mark Cuban sharply criticized the tariffs slapped on Chinese products by President Donald Trump, proposing instead that the U.S. stop allowing Chinese companies to go public or trade on U.S. stock exchanges. I'd shut down all Chinese IPOs—that's the first step,” says Cuban, a billionaire entrepreneur and host of the show “Shark Tank. Given [Trump's] propensity for using Twitter and throwing warning shots, I would throw out there that we might put a halt on the trading of Chinese-listed stocks in the United States.

• 
  Mark Cuban joins Influencers with Andy Serwer

  Yahoo Finance Video
• 
  ‘I love AOC’ but her criticism of capitalism is ‘headline porn,’ says Mark Cuban

  Yahoo Finance

If you invested $1,000 in Best Buy in 2009, here's how much money you'd have now

The retailer's overall same-store sales rose 1.1%, compared with Wall Street estimates of 0.9%. While Best Buy's stock has mostly performed well over the years, any individual stock can over- or underperform , and past returns do not predict future results . Total revenue rose slightly to $9.14 billion, but came in below analysts' estimates, and some industry experts fear that the possibility of additional tariffs could hurt sales .

• 
  Best Buy (BBY) Q1 Earnings Beat Estimate, Sales in Line

  Zacks
• 
  Retail analyst says tariffs have 'tremendous' impact on retailers

  Yahoo Finance Video

Michigan's governor, lawmakers reach deal on auto insurance

Michigan's Legislature was poised Friday to pass a bill that would cut the country's highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries. The pending votes followed the announcement of an agreement between Republican legislative leaders and Democratic Gov. Gretchen Whitmer. She said the legislation would guarantee rate reductions for every motorist and offer choice among personal injury protection, or PIP, levels.

• 
  Bipartisan Deal Aims to Lower Michigan's Highest-in-the-Nation Car Insurance Premiums

  Car and Driver
• The Latest: Deal reached to lower Michigan auto insurance

  Associated Press

Early Amazon investor recalls Bezos' difficulty raising company's first round

Alberg officially retired from Amazon's board on Wednesday, although he announced the plans to step down in April. In a recent interview, Alberg recalled his initial investment in the company. Back in the mid-1990s, Bezos invested his own money and some from his parents, but he had trouble convincing others to back his online book-selling startup.

The richest 10% own 70% of the country’s wealth

The rich are becoming even more obscenely rich. A new chart from Deutsche Bank Securities' Chief Economist Torsten Slok shows how the richest 10% of households in America own 70% of all the wealth. While household net worth has grown overall from $1.17 trillion in the fourth quarter of 1950 to $104.33 trillion in the last quarter of 2018, the details reflect disparity.