- MarketWatch•1 hour ago
The new ‘Tilray’ marijuana stock is here — this is how to set up the trade
The 11 pointers I recently gave to investors to carefully make money in marijuana stocks have generated a lot of interest. In some ways, Denver-based New Age Beverages is the new Tilray. Tilray has been the most explosive marijuana stock.
- Bloomberg•20 hours ago
China Said to Plan Broad Import Tax Cut
China is planning to cut average tariff rates on imports from the majority of its trading partners as soon as next month, two people familiar with the matter said, in a move that would lower costs for consumers as a trade war with the U.S. deepens.
- CNBC•yesterday
Here's how much money people in their 40s have in their 401(k)s
CNBC Make It turned to Fidelity , the nation's largest retirement-plan provider, for the numbers. As of the second quarter of 2018, Americans between 40 and 49 years old had an average 401(k) balance of $103,500 and were contributing 8.4 percent of their paychecks. Fidelity also found that employers were matching, on average, 4.6 percent, which put the total savings rate for forty-somethings at 13 percent.
- Bloomberg Video•2 days ago
Weed Stock Tilray Gains 94% Then Loses It All in Minutes
Sep.19 -- For U.S. marijuana company Tilray, it was double - then nothing. The stock rocketed 94% on CEO Brendan Kennedy's comments, only to see all that gain go up in smoke less than an hour later. Ramy Inocencio explains the highs, lows and last-minute 40% rebound on "Bloomberg Daybreak: Asia."
- CNBC•1 hour ago
Amazon vs. Apple: Here's which stock would have made you richer if you invested $1,000 10 years ago
Apple hit that milestone in August, and then Amazon did in early September. The winner is Amazon. According to CNBC calculations, a $1,000 investment in Amazon in September 2008 would be worth more than $23,890 as of Friday morning, or more than 22 times as much, including price appreciation and dividends reinvested.
- Zacks•2 hours ago
Why Did McDonald's (MCD) & Starbucks (SBUX) Stock Jump Friday?
Shares of both McDonald's MCD and Starbucks SBUX surged Friday. MCD stock jumped on the back of a dividend hike, while SBUX climbed for less obvious reasons. McDonald's announced on Thursday that its board approved the firm’s 42nd consecutive annual dividend hike.
- Business Insider•yesterday
The Canadian cannabis producer that was in talks with Coca-Cola to make a CBD-infused drink is reportedly targeting a US IPO in October
Aurora Cannabis is planning for a US initial public offering in October, the company's chief corporate officer said. The Canadian cannabis producer was reportedly in talks with Coca-Cola to make a CBD-infused drink. Marijuana stocks have been red-hot as of late.
- Zacks•6 hours ago
RMBS or HIMX: Which Is the Better Value Stock Right Now?
Investors interested in Electronics - Semiconductors stocks are likely familiar with Rambus (RMBS) and Himax Tech (HIMX). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty
- Barrons.com•1 hour ago
AT&T Shares Look Ripe for Buying
SECTORFOCUS BLOG AT&T is rising on Friday, helped by an upgrade from (UBS). Where we were: AT&T has lagged this year, like other telecom stocks, although company-specific worries also weighed on the shares. Where we’re headed
- Zacks•6 hours ago
L Brands (LB) Up 5.8% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for L Brands (LB). Will the recent positive trend continue leading up to its next earnings release, or is L Brands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
- InvestorPlace•yesterday
Ticketmaster Scalping Scandal: 15 Things to Know About the Shocking Report
Here’s what we know about the scalping scandal affecting Live Nation Entertainment’s (NYSE:LYV) Ticketmaster. Robert Cribb and Dave Seglins went undercover to attend special Ticketmaster events. At these events, the two investigative reporters for The Star and CBC News posed as ticket scalpers.
- Bloomberg•yesterday
Friday Is Going to Be a Huge Day for Stock Traders
Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” -- when futures and options on indexes and individual stocks expire.
- Zacks•5 hours ago
Medtronic to Buy Mazor Robotics for Robotic Spine Surgery
Medtronic MDT has taken its existing relationship with Mazor Robotics to the next level. In a bid to grow further in the field of robotics spine surgery, Medtronic decided to acquire the Israel-based robotic surgical guidance systems company for $1.64
Reuters•8 hours agoFor bold Chinese buyers of soybeans, bargain U.S. prices trump trade war
XIAN/BEIJING (Reuters) - At least two cargoes of U.S. soybeans are heading for China as some buyers are willing to risk taking up historically cheap U.S. beans even amid worries that Beijing may take further steps to deter imports amid mounting trade tensions with Washington. Grain traffic from the United States to China has nearly ground to a halt since Beijing hit $50 billion in U.S. imports, including soybeans, with hefty tariffs, in retaliation for a similar move by Washington. The buyers of the beans, which are used to make meal for animal feed and oil for cooking, are not known, and the cargoes may have been booked before the tariffs were introduced.
- Zacks•7 hours ago
New Strong Sell Stocks for September 21st
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:ASV Holdings, Inc. ASV is a designer and manufacturer of compact construction equipment. The Zacks Consensus Estimate for its current year earnings has been revised 48.6% downward over
- Bloomberg•21 hours ago
Tesla Loses Supply Management Chief as Exodus Worsens
Another Tesla Inc. vice president is leaving the company, according to people familiar with the matter, as Elon Musk struggles to contain an exodus of senior executives. Liam O’Connor, vice president of global supply management, has resigned from the electric-car maker, said the people, who requested anonymity because the information hadn’t been made public. Tesla representatives didn’t immediately respond to a request for comment.
Business Insider•yesterdayA former exec at Google and Facebook doesn't just expect job candidates to negotiate their offer — she hopes they will
Libby Leffler, a former Facebook executive and Google employee, is now the vice president of membership at SoFi. Leffler said she always expects job candidates to negotiate their job offer because it shows how they'll behave once they get hired. Negotiating a job offer is a notoriously harrowing process, especially if you've never done it before and assume the world will explode if you request a dollar more.
- CNBC Videos•4 hours ago
Micron CEO: Focused on mitigating effects from tariffs
Micron Technology CEO Sanjay Mehrotra discusses the memory hardware company's quarterly earnings and the potential impact from the trade war with China.
Business Insider•yesterdayA $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis' (RIV)
Canopy Rivers, the venture-capital arm of Canopy Growth, made its debut on the Toronto Stock Exchange Thursday morning at $18.44 per share. The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the "Google Ventures of cannabis," found its way onto the exchange via a reverse takeover with a company formerly known as AIM2 Ventures.
Business Insider•yesterdayMillennials are snapping up the 'Tesla of China' since its IPO (NIO)
Millennial investors have been pilling into Nio, the Tesla of China, shares since its US initial public offering last week. Nio shares have gained 46% since their IPO, and is the 29th most held stock on Robinhood. Nio — the Tencent-backed electric-car startup widely seen as the Tesla of China — has become a darling for investors on the stock-trading app Robinhood, a no-fee brokerage popular among younger traders.
- Barrons.com•7 hours ago
Warren Buffett’s Berkshire Hathaway Keeps Hitting New Highs—and It Still Looks Underpriced
Berkshire’s class A shares (BRKA) gained $1,415, or 0.4%, Thursday to close at $333,415, after hitting a record $334,560 in intraday trading. Now valued at $548 billion, Berkshire has plowed past (FB) (FB), which is valued at about $480 billion, to become the fifth-largest company in the U.S. stock market behind (AAPL) (AAPL), (AMZN) (AMZN), (MSFT) (MSFT), and (GOOGL) (GOOGL). Berkshire’s class B shares (BRKB) added 0.3% Thursday to close at $221.68.
- Bloomberg•17 hours ago
U.S. Sanctions Are Driving Russian Billionaires Into Putin’s Arms
The Trump administration is helping Vladimir Putin achieve a goal that’s eluded him for almost two decades—getting Russia’s billionaires to start repatriating some of their assets. Relatively muted sanctions imposed during the Obama era over the conflict in Ukraine have only widened in scope and severity since Trump took office last year. The unpredictability of both the White House and Congress is forcing Russians to move money into state-run banks and rejig the offshore superstructure that’s sheltered fortunes here since communism’s collapse.
- Barrons.com•6 hours ago
Micron Slumps, AT&T Rises as Dow Targets Another New High
Stocks were heading higher, and September, which is supposed to be the worst month of the year, has instead seen the Dow Jones Industrial Average hit a new all-time high. Micron Technology was falling after releasing earnings, while AT&T was gaining after an upgrade. After hitting new highs yesterday, the S&P 500 and the Dow Jones Industrial Average look set to do it again.
- CNBC•8 hours ago
UBS upgrades AT&T to buy: 'The stock is trading near all-time low valuations'
UBS raised its rating of AT&T to buy from neutral, citing "an overly negative outlook" and saying it expects a turnaround in operating performance. "Our work suggests the company will return to EBITDA growth ... given growth in Wireless & WarnerMedia and slower declines in Entertainment," UBS said.
Associated Press•20 hours agoAT&T fires back in bid to preserve its deal with Time Warner
Fighting to defend its $81 billion takeover of Time Warner from a government challenge, AT&T is arguing the Trump Justice Department has failed to show that the merger will raise prices for pay-TV programming and for the consumers who watch it. The AT&T-Time Warner marriage was completed this spring soon after a federal judge approved it. In a filing Thursday, the phone and pay-TV giant asserted the merger will save it money on content from Time Warner's Turner Broadcasting, enabling it to cut charges to its DirecTV customers by at least $78 million a year.
