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.
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 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.
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."
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.
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.
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.
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
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
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.
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.
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.
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
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.
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
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.
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.
Micron Technology CEO Sanjay Mehrotra discusses the memory hardware company's quarterly earnings and the potential impact from the trade war with China.
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.
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.
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.
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.
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.
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.
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.