• Bloomberg2 hours ago

    Trump Casts China Tariff Net Wider -- And Catches U.S. Consumers

    President Donald Trump is searching for more China-made goods to tax. As the U.S. president threatens tariffs on an additional $200 billion in Chinese imports, he may find it difficult to spare electronic goods, clothing and textiles that account for half of all Chinese exports to the U.S. Last week, Trump’s $50 billion hit list of made-in-China goods largely focused on high-technology industries such as robotics, aerospace and cars. "They will focus on electronics,” said Fielding Chen at Bloomberg Economics.

  • Musk Says Tesla Hit With ‘Extensive’ Sabotage by Rogue Employee
    Bloomberg10 hours ago

    Musk Says Tesla Hit With ‘Extensive’ Sabotage by Rogue Employee

    A disgruntled Tesla Inc. employee broke into the company’s manufacturing operating system and sent highly sensitive data to unknown third parties, according to an email Elon Musk sent to staff. The worker, who had been denied a promotion, did “quite extensive and damaging sabotage” to Tesla’s operations, Musk wrote in the memo late Sunday, which was reported in full by CNBC. Tesla is conducting an in-depth investigation into the matter, including whether the employee was acting alone, with others at the company or with any outside organizations, Musk wrote.

  • CNBC18 hours ago

    Suze Orman shares the biggest money mistake that almost everyone makes

    No matter what your main financial goal is — a house , early retirement or just getting out of debt — odds are you'd like to boost your income. As Suze Orman , financial expert and former CNBC host, told the audience at the 2017 eMerge Americas conference, "The biggest problem is when you do make it big and you don't know what to do with your money. Because then, what happens is some financial advisor is going to come by and give you a slick presentation , they're going to give you an elevator speech and a pitch, and you're going to take it.

  • Why Advanced Micro Devices (AMD) Stock Hit New High Monday
    Zacks11 hours ago

    Why Advanced Micro Devices (AMD) Stock Hit New High Monday

    Advanced Micro Devices AMD saw its stock price pop over 5% on Monday to hit a new 11-year high on the back of positive analyst sentiment, which also pointed directly to its ability to compete against chip giant Intel INTC. “Along with recent announcements of new server deals with Cisco CSCO/Tencent TCEHY and the crystallization of our 7nm AMD versus 10nm Intel thesis, we are increasingly confident in upside to AMD shares," analyst Matthew Ramsay wrote in a note to clients last Thursday. Ramsay believes that AMD’s transition to its brand new 7nm AMD Radeon Vega GPU products, which are set to launch at some point in 2018, will be hugely beneficial.

  • TheStreet.com12 hours ago

    Four Stocks Poised for Big Gains: Cramer's 'Off the Charts'

    With a stock market that's been picking up steam for quite some time, finding reasonable places to invest is challenging. Moreno has several picks he feels are ready to move higher, starting with United States Steel Corp. The steelmaker's stock has been trading sideways despite President Trump's imposition of steel tariffs on imports.

  • TheStreet.com13 hours ago

    Will Kraft Heinz Buy Pepsico or Mondelez?

    Kraft Heinz Co. is hungry for a big deal, but can it stomach a fight? "Based on how quickly they walked away from Unilever last year," Morningstar analyst Erin Lash told TheStreet on Monday, June 18, "they don't seem to want to be involved in a hostile

  • TheStreet.com12 hours ago

    9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

    2018 is just about over, in the minds of some investors. "We expect investors will soon look past 2018 and focus on 2019 growth," says Goldman Sachs strategist David Kostin. "For many years, beginning in July investors would start to value stocks

  • American Express to Woo More Clients Via New Credit Card
    Zacks18 hours ago

    American Express to Woo More Clients Via New Credit Card

    In an effort to attract customers, American Express Co. AXP has launched a new credit card named, American Express Cash Magnet Card. Other benefits on the card include a complimentary ShopRunner membership and Amex Offers rewarding Card Members at places they like to shop, travel and dine. This effort by American Express reflects its strategy to lure new customers and retain the existing base in the persistently highly competitive credit card industry.

  • Dow Jones Futures Fall: These Five Chip Stocks Are Near Buy Points
    Investor's Business Daily21 hours ago

    Dow Jones Futures Fall: These Five Chip Stocks Are Near Buy Points

    Dow Jones futures fell early Monday, along with S&P 500 futures and Nasdaq futures as Asian markets and crude futures retreated. Five notable chip stocks are near buy points: Micron Technology (MU), Texas Instruments (TXN), Broadcom (AVGO), ASML (ASML

  • Buy low and sell high? What to do with your money right n...
    CNBC Videos22 hours ago

    Buy low and sell high? What to do with your money right n...

    Michael Bell of JP Morgan Asset Management gives his take on the big market risks.

  • Micron (MU) to Report Q3 Earnings: What's in the Offing?
    Zacks20 hours ago

    Micron (MU) to Report Q3 Earnings: What's in the Offing?

    Micron Technology Inc. MU is set to report third-quarter fiscal 2018 results on Jun 20. Notably, Micron has delivered positive earnings surprises for 10 straight quarters. As long as memory chip prices and demand continue to rise, Micron is likely to keep benefiting.

  • CNBC2 days ago

    The greatest gift my father gave me were these 8 financial lessons

    The Financial Industry Regulatory Authority Foundation estimate s nearly two-thirds of Americans c a n't pass a basic financial literacy test. Schools aren't instilling financial literacy along with ABCs and the three R's, but parents can educate kids about money.

  • CNBC6 hours ago

    Dow futures fall more than 220 points after Trump ramps up tariff threats against China

    U.S. futures fell on Monday after U.S. President Donald Trump requested for $200 billion in Chinese goods be identified for potential additional tariffs. The implied open for the Dow Jones industrial average was more than 220 points to the downside as of 12:03 a.m. ET. U.S. futures fell after U.S. President Donald Trump Monday evening announcement that he had asked for $200 billion worth of Chinese products to be identified and potentially subject to additional tariffs.

  • These Banks Are Seen Paying Out The Most To Investors After Stress Test
    Investor's Business Daily12 hours ago

    These Banks Are Seen Paying Out The Most To Investors After Stress Test

    The majority of America's biggest banks are expected to pay shareholders more than they earn for the first time since the 2008 financial crisis, despite this year's tougher stress test, and the likes of JPMorgan Chase (JPM), Bank of America (BAC) and Wells Fargo (WFC) are leading the charge. The Federal Reserve will report Dodd-Frank stress-test results on Thursday, showing which banks' capital holdings passed or failed regulators' scenarios of economic downturns. The following Thursday, June 28, the Fed will release the results of its Comprehensive Capital Analysis and Review, which determines how much capital the banks are allowed to return to shareholders.

  • Buy these stocks amid geopolitical uncertainty: Strategis...
    CNBC Videos15 hours ago

    Buy these stocks amid geopolitical uncertainty: Strategis...

    Jack Ablin, Cresset Wealth Advisers CIO, and Rachael Aiken, Rockland Trust portfolio manager, discuss how investors can insulate their portfolio from geopolitical risks.

  • Why You Should Stop Binging On Netflix, Inc. Stock As It Nears $400
    InvestorPlace18 hours ago

    Why You Should Stop Binging On Netflix, Inc. Stock As It Nears $400

    Shares of Netflix, Inc. (NASDAQ:NFLX) have been on an incredible run so far in 2018. NFLX stock is now up over 83% year-to-date, making it the second best performing stock in the S&P 500 and far outpacing the roughly 2% gain for that index. Undoubtedly Netflix has become an iconic brand and it is a fixture of the new age of media.

  • MarketWatch15 hours ago

    Micron profit gains push Evercore to raise target to $100

    Evercore ISI analyst C.J. Muse raised his price target on Micron Technology Inc. shares to $100 from $80, ahead of the company's Wednesday afternoon earnings report. "While Micron's stock is up a solid ~90% over the last year, we note EPS has actually grown by ~130% meaning Micron's very low multiple has continued to compress - a clear signal of cyclical concerns," Muse wrote in a Saturday note. Micron's stock is down 0.5% in Monday trading but up 41% so far this year.

  • Why Micron (MU) Stock Is a Strong Buy Ahead of Earnings
    Zacks15 hours ago

    Why Micron (MU) Stock Is a Strong Buy Ahead of Earnings

    Shares of Wall Street superstar Micron MU opened slightly lower on Monday, just two days before the company is set to release its third-quarter fiscal 2018 financial results. J.P. Morgan JPM analysts reiterated their overweight rating for Micron stock on Monday, pointing directly to strong demand for memory in the cloud computing market. The banking power’s Micron update comes just a few weeks after Micron announced that it is set to produce and ship the “industry's first 4bits/cell 3D NAND technology” along with Intel INTC.

  • TheStreet.com12 hours ago

    3 Great Stocks for Retirees to Own

    Investors and financial planners both suggest that dividend stocks can be a great source of income for those looking to supplement their retirement savings. The blue-chip stock's staying power and brand recognition should be viewed favorably by retiree investors, says Robert Johnson, principal at the Fed Policy Investment Research Group. Demand for Johnson & Johnson's products remains fairly consistent, providing a more stable investment in the event of a stock market decline, Johnson thinks.

  • Investopedia22 hours ago

    5 Drug Stocks With Fat Payouts

    Big Pharma is struggling to keep up with the rest of the market this year as tepid revenue, growth, the expiration of key patents, and the likelihood of the government imposing tighter cost controls hold back its performance prospects. Earlier this month, while the broader S&P 500 was yielding just 2%, the dividend yield on the big drug companies in the index was nearly a full percentage point higher at 2.9%.

  • Investopedia15 hours ago

    5 Chip Stocks At Risk In Expanding Trade War

    Semiconductor manufacturers have enjoyed rapid sales growth and soaring stock prices, but the good times are threatened by the mounting trade war between the U.S. and China. In particular, most chips imported to the U.S. from China are actually designed by U.S.-based companies that outsource production there, or use Chinese firms for final assembly and testing, as reported by The Wall Street Journal. Tariffs on imports from China, as well as restrictions on transfers of technology to China, are likely to hit these U.S.-based semiconductor companies hard: Intel Corp. ( INTC), Qualcomm Inc. ( QCOM), Texas Instruments Inc. ( TXN), Applied Materials Inc. ( AMAT) and Lam Research Corp. ( LRCX).

  • Fox Business17 hours ago

    OPEC may intervene, but oil will be above $80 this summer

    The Organization of the Petroleum Exporting Countries (OPEC) and some of its allies will meet in Vienna on Friday to discuss increasing oil output, and while it is widely expected that they will increase production oil prices should remain high this summer, according to Goldman Sachs. Brent crude oil rallied to about $80 a barrel in the spring amid a tightening market, but pulled back when it seemed apparent that OPEC would intervene. Now, the European oil benchmark is trading around $75 a barrel – but Goldman expects it will peak at $82.50 in the summer and will trade at $75 at yearend.

  • U.S.News & World Report19 hours ago

    Pros and Cons of Buying Berkshire Hathaway Inc. (BRK.B) Stock

    Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) stock is the Taj Mahal of company stocks, long known for its sky-high Class A share price and for its iconic -- and refreshingly unassuming -- chairman, president and CEO, Warren Buffett. The Omaha, Nebraska-based company operates in the financial services sector (particularly insurance) and also operates in the freight transportation, real estate brokerage, energy, utility and diversified manufacturing sectors. The company, founded in 1889, boasts 377,000 employees, and many staffers are likely wondering what a post-Buffett Berkshire Hathaway would look like.

  • InvestorPlace15 hours ago

    History of Small Search Companies Says Stay Clear of Sogou Inc Stock

    Beijing-based Sogou Inc (NYSE:SOGO) has seemingly moved straight up in June. Since the beginning of the month, the Chinese internet search company has risen more than 35%. With impressive growth, healthy financials, and a relatively small size, investors might find themselves wanting to climb aboard the SOGO stock train.

  • TheStreet.com12 hours ago

    Amazon, Nvidia, Micron and 10 Other Stocks to Own in June

    First-quarter-earnings season is just about complete, and more than 78% of S&P 500 companies that have reported beat expectations for earnings per share. It should also be good enough to stay the course as long as Federal Reserve members stay on theirs, and if volatility in the U.S. dollar and West Texas Intermediate crude remains moderately predictable. After all, the Atlanta Fed's model for second-quarter GDP growth stands at a solid 4% as I write this.