Stocks on Wall Street finished lower overnight despite strong U.S. economic data releases ahead of Thursday’s Asian trading day. U.S. stocks closed lower on Wednesday on disappointing earnings releases, with the Dow Jones industrial average recording its largest single-day fall since Sept. 5. The 30-stock index lost 122.30 points, or 0.48 percent, to close at […]
Read moreCNBC’s Jim Cramer has a special investing method for when a small, but market-wide decline hits stocks in the middle of earnings season. “I’ve got a set of disciplines … that forces you to confront the ‘nothing’s down enough’ lame excuse for not taking action,” the “Mad Money” host said. “So let me give you […]
Read moreWith stocks finally taking a break from rallying, CNBC’s Jim Cramer circled back to one out-performing stock that could be a buying opportunity on the market-wide weakness. Stanley Black & Decker, which makes a variety of tools and some security solutions, just issued a strong quarterly earnings report that sent its shares soaring. So far […]
Read moreIn a lively year for technology-related initial public offerings, yet another tech IPO in the caught Jim Cramer’s eye last week: that of MongoDB, a software platform for organizing databases. Shares of MongoDB came public at $24, closing above $32 the same day. Since then, its shares have dipped back to the $31 level. As […]
Read moreBitcoin’s meteoric rise in price this year is backing people into two camps: the deeply suspicious and the incredibly enthusiastic. Andrew Left, a bitcoin critic, and Tom Lee, an all-in admirer, squared off Wednesday on CNBC’s “Fast Money.” Left, of Citron Research, is a noted short seller who likes to find stocks that he thinks […]
Read moreCNBC’s Jim Cramer has a special investing method for when a small, but market-wide decline hits stocks in the middle of earnings season. “I’ve got a set of disciplines … that forces you to confront the ‘nothing’s down enough’ lame excuse for not taking action,” the “Mad Money” host said. “So let me give you […]
Read moreDisagreements over controversial pieces of the Republican tax proposal threaten to trip up the party’s efforts to approve a tax overhaul this year. Commerce Secretary Wilbur Ross on Wednesday at the NetNet event outlined a possible compromise for lawmakers. The House hopes to pass a budget on Thursday and move one step closer to approving […]
Read moreSuper artificial intelligence is coming, and sooner than you might expect. That’s according to SoftBank CEO Masayoshi Son. The Japanese billionaire spoke from the Future Investment Initiative in Riyadh, Saudi Arabia on Wednesday. In about 30 years, artificial intelligence will have an IQ of 10,000, Son says. By comparison, the average human IQ is 100 […]
Read moreA start-up called Petcube is developing machine learning software to help people understand what their pets are trying to tell them, and to predict and prevent pet health problems. Petcube is known for its best Wi-Fi-connected cameras, which allow users to watch and interact with their pets at home through a smartphone app, then share […]
Read moreMorgan Stanley analysts released their list of “high conviction” stocks ahead of the earnings season. “We highlight 11 names for which Morgan Stanley Research analysts have high conviction going into earnings season,” according to the report. “Our analysts believe that one or more imminent events will drive the share price materially over the next 15-60 […]
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