• CNBC14 hours ago

    The sell-off can't end until these 10 problems are fixed, Jim Cramer argues

    CNBC's Jim Cramer pinpoints the 10 drivers of the stock market's sell-off. Ten things need to change for the stock market to come back from its Monday declines , CNBC's Jim Cramer said as high-profile technology stocks Facebook FB and Apple AAPL led the major averages lower. Here are the various reasons that stocks are falling and what it would take for them to turn, according to Cramer: 1.

  • Amazon and other big tech stocks are being crushed: Here's the simple explanation
    Yahoo Financeyesterday

    Amazon and other big tech stocks are being crushed: Here's the simple explanation

    Reality continues to rain down on formerly high-flying big tech stocks. Sales growth in 2019 will probably be less explosive than 2018. Blame slowing user growth at the likes of Facebook or more competition for Amazon from the increasingly digitally savvy Target – the fact is the sales growth environment for big tech is taking a turn for the worse.

  • Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’
    MarketWatch20 hours ago

    Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’

    ‘From a markets perspective, it’s going to be interesting. Paul Tudor Jones, a hedge-fund luminary, said he’s stress-testing his portfolio of corporate debt because he expects a tumultuous road ahead on the back of the Federal Reserve’s apparent commitment to normalizing interest rates and buttressed by corporate tax cuts from the Trump administration. Speaking at an economic forum in Greenwich, Conn., a hotbed for hedge funds, Jones said the Fed faces real challenges amid “the end of a 10-year run” of economic growth that many anticipate will soon come to a screeching, cyclical end.

  • CNBC23 hours ago

    This is what Google learned after interviewing one job candidate 16 times, according to Eric Schmidt

    Eric Schmidt joined Google as CEO in 2001 and led the tech company for the next decade as the company grew from a start-up to a corporate behemoth, whose parent company, Alphabet, now has a market cap of over $740 billion . "They were super smart, somewhat disorganized kinds of people," Schmidt told Tyler Cowen on the " Conversations with Tyler " podcast. "The recruiting started off as informal, but it ultimately became very, very structured," Schmidt said.

  • The 5 Best Biotech and Health Care Stocks to Buy for 2019 Now That Congress Can’t Repeal Obamacare
    Fortuneyesterday

    The 5 Best Biotech and Health Care Stocks to Buy for 2019 Now That Congress Can’t Repeal Obamacare

    Finally, the political clouds over health care seem to have parted: Split party control of Congress following the midterms means Obamacare isn’t going anywhere, and proposals to curb drug prices are unlikely to pass both houses. “Health care is a defensive growth sector that we think should have a growth upturn over the next five years or so,” says Saira Malik, head of global equities at Nuveen. Marc Pinto, a portfolio manager at Janus Henderson, favors Merck, whose blockbuster immunotherapy treatment, Keytruda, has proved effective for a growing number of different cancers, enabling the pharma company to score a string of FDA approvals for new indications—and sell the drug to more patients.

  • CNBC4 hours ago

    Dow set for 250-point drop as Target slides, tech gets hit again

    U.S. stock index futures pointed to a lower open on Tuesday as a decline in Target shares pressured retailers, while the most popular technology stocks fell again. At around 7:53 a.m. ET, Dow Jones Industrial Average futures were down 275 points

  • Closing Bell Exchange: Interest rates most likely have pe...
    CNBC Videos17 hours ago

    Closing Bell Exchange: Interest rates most likely have pe...

    Dan Suzuki, Richard Bernstein Advisors; Steve Grasso, Stuart Frankel; and CNBC's Rick Santelli, discuss today's big market drop.

  • Fox Business15 hours ago

    Elon Musk's latest venture: selling bricks in Los Angeles

    Elon Musk, the Tesla and Boring Company CEO, is following through on his vow to sell “Lego-like” bricks. Musk has launched The Brick Store LLC, an offshoot of The Boring Company that will produce interlocking bricks made from dirt displaced from the tunnel-digging company’s machines. The new company filed a permit application in Hawthorne, California, asking permission to repaint a building that will serve as the Brick Store’s first brick-and-mortar location, TechCrunch reported.

  • Watch out for these 10 ‘retirement killers’
    MarketWatchyesterday

    Watch out for these 10 ‘retirement killers’

    There are plenty of things that can ruin a person’s retirement plans — divorce, illness, job loss, overspending. A recent study has revealed for the first time the 10 biggest causes of financial regret among those who have retired or are near to retirement. The survey was conducted by researchers from the RAND Corporation and the Max Planck Institute in Munich, Germany.

  • The 5 Best Tech Stocks to Buy for 2019—When Facebook and Google Are Cheap
    Fortuneyesterday

    The 5 Best Tech Stocks to Buy for 2019—When Facebook and Google Are Cheap

    “Unless someone convinces me that all of us are going to go back to TVs and radios, I still think digital advertising is a place where the growth will continue,” says Melda Mergen, deputy global head of equities for Columbia Threadneedle Investments. Facebook, for one, is trading at its lowest valuation ever, just 19 times earnings—about the average of the S&P 500 and half as expensive as it was a year ago. “This may end up being one of the last buying opportunities,” says Dan Chung, CEO and CIO of Fred Alger Investments, who owns both stocks.

  • Barrons.comyesterday

    Apple Stock Could Keep Falling. Here’s Why

    Not long ago, the iPhone maker was the toast of the market as the first U.S. company worth more than $1 trillion. Apple stock plunged 17%, wiping out nearly $190 billion in shareholder value. In September, Apple (ticker: AAPL) released the $999 iPhone XS and the $1,099 iPhone XS Max, followed by the midrange $749 iPhone XR in October.

  • CEOs are losing faith in the U.S. economy
    Yahoo Finance15 hours ago

    CEOs are losing faith in the U.S. economy

    According to the latest CEO confidence index from trade publication Chief Executive, CEOs now have their lowest confidence in business conditions for the next twelve months since October 2017. Over the weekend, we noted that some strategists have seen the market action since early October as a sign of investors exiting a 2018-type mindset in which strong earnings and economic growth were seen as tailwinds and rising rates just a periphery concern.

  • TheStreet.com16 hours ago

    Nvidia Stock Falls Another 12%

    Shares of Nvidia Corp. dropped another 12% Monday as investors continue to punish the chipmaker following disappointing revenue and guidance in its third-quarter earnings results. Nvidia lost $19.73 to close at $144.70, and shares hit a new 52-week

  • Saudi king to open $22.7-billion mining project on Thursday, Al Arabiya TV
    Reuters17 hours ago

    Saudi king to open $22.7-billion mining project on Thursday, Al Arabiya TV

    Saudi Arabia's King Salman will inaugurate on Thursday the Waad Al-Shamaal project, a 440-square-km city for mining industries in the country's northern region, Al Arabiya TV said, quoting energy minister Khalid al-Falih. Saudi authorities estimate the region holds 500 million tonnes of phosphate ore, around 7 percent of global proven reserves, mainly in the Al Jalamid and Umm Wu'al areas between Arar and Turaif. Saudi Arabia’s efforts to build an economy that does not rely on oil and state subsidies involves a shift towards mining vast untapped reserves of bauxite, the main source of aluminium, as well as phosphate, gold, copper and uranium.

  • CNBC19 hours ago

    This chart is proof 'buy the dip' is dead

    "Buy the dip," isn't working for the first time in 16 years, according to analysis from Morgan Stanley. "Such market behavior is rare and in the past has coincided with official bear markets (20 percent declines), recessions, or both," says Morgan Stanley equity strategist Michael Wilson. One of Wall Street's most famous proverbs of this bull market is backfiring.

  • CNBC17 hours ago

    The bull market is 'in trouble,' more selling to come: BNY Mellon

    The market could take another leg down, says BNY Mellon's Alicia Levine. State Street's Michael Arone doesn't see the end of the bull market, yet. The bull market is "in trouble," strategist Alicia Levine told CNBC on Monday.

  • Bridgewater's Dalio Expects Low Returns for a 'Very, Very Long Time'
    Bloomberg20 hours ago

    Bridgewater's Dalio Expects Low Returns for a 'Very, Very Long Time'

    Nov.19 -- Ray Dalio, founder at Bridgewater Associates, says years of low interest rates and quantitative easing have squeezed most of the returns out of U.S. assets. He speaks with Bloomberg Opinion columnist Barry Ritholtz at the Bloomberg Opinion Masters in Business event. Ritholtz's opinions are his own.

  • TheStreet.com39 minutes ago

    Monday's Ugly Tech Selloff Showed Some Telling Signs of Capitulation

    A look at the details surrounding Monday's ugly tech selloff, and more broadly the selling that has happened over the past two trading days, suggests there was some measure of capitulation going on. While almost no tech stocks were spared as the Nasdaq dropped 3% on Monday, it's notable that software firms accounted (by my counting) for 15 of the 22 tech names to drop by a double-digit percentage. , which continued selling off hard in response to the January quarter guidance it issued on Thursday afternoon, all of the others were Internet services firms.

  • TheStreet.com16 hours ago

    Splunk Goes Splunk, Salesforce and Twilio Tumble as Cloud Stocks Fall

    The decline comes as the Nasdaq plummeted more than 3%, bringing its year-to-date gain to just 1.69%. Twilio, which has had a great year, is getting hammered. The cloud communications company fell 13.76% to $76.90 a share.

  • Netflix’s ‘death cross’ is the third for FAANG stocks and Nasdaq Composite is next
    MarketWatch51 minutes ago

    Netflix’s ‘death cross’ is the third for FAANG stocks and Nasdaq Composite is next

    Netflix Inc. stock has fallen far enough and long enough to produce its first “death cross” pattern in nearly three years, and become the third member of the former FAANG technology darlings to suffer that bearish technical fate. A death cross refers to when a price chart’s 50-day moving average, viewed by many as a short-term trend tracker, crosses below the 200-day moving average, which many recognize as a dividing line between longer-term uptrends and downtrends.

  • Investopedia21 hours ago

    How Nvidia Makes Money (NVDA)

    2018 was a breakthrough year for Nvidia Corporation (NVDA), until it wasn't. Nvidia is a graphics processing chip manufacturer that currently generates most of its revenue from the sales of graphics processing units (GPUs), which are used for competitive gaming, professional visualization, and cryptocurrency mining. Riding on the coattails of a cryptocurrency boom, the graphics processing company soared 42.18% year-over-year to a record-high share price of $289.36 on October 1, 2018. Just over one month later, on November 15, 2018, Nvidia delivered disappointing Q3 FY19  revenue guidance, falling short of analysts' expectations by about $700 million.

  • MarketWatch20 hours ago

    Dow tumbles 425 points to start Thanksgiving week; Boeing, Apple deliver biggest intraday blows

    MARKET PULSE The Dow Jones Industrial Average (DJIA) was sinking midday Monday, pressured by a decline in Boeing Co.'s stock (BA) and Apple Inc. to start the holiday-shortened week. Boeing shares were exacting a roughly 100-point toll

  • Barrons.com16 hours ago

    Facebook Stock Got Hammered Again as Mark Zuckerberg and Sheryl Sandberg Remain Under Fire

    Facebook stock took a drubbing Monday as fallout from a blistering report settled in with investors, but analysts remain mostly bullish on the embattled company. On a day when tech stocks were trounced, (FB) stock (FB) was particularly hard hit, falling 5.7% to $131.59 per share—near its 52-week low. Facebook stock is down 25% for the year.

  • The poster child of bull-market excess just dimmed the prospects of the broader stock market
    MarketWatch15 hours ago

    The poster child of bull-market excess just dimmed the prospects of the broader stock market

    Investors ought to pay attention to the changing character of the U.S. stock market. Investors may want to prepare now and fine-tune their skills for a different kind of market. Please click here for the chart of money flows in 11 popular technology stocks.

  • How Retirement Savings Behavior Is Changing by Income, Age and Race
    SmartAssetyesterday

    How Retirement Savings Behavior Is Changing by Income, Age and Race

    Given that they are living longer, Americans need to be more prepared than ever for retirement, whether that’s in building their own savings in tax-advantaged accounts or investing with a professional financial advisor. Below, we examine data on retirement accounts like 401(k)s and IRAs to see how Americans are adapting to these changes. In order to track retirement savings and retirement account usage, we analyzed data from the Federal Reserve’s SCF (Survey of Consumer Finances) and specifically looked at data from 1989 to 2016.