Breaking into autonomous taxis could drive Tesla shares higher, says one analyst. But a short investor isn’t buying that idea. ARKInvest analyst Tasha Keeney said Friday on CNBC’s “Closing Bell” that billionaire investor Ron Baron may not be wrong to believe he can still make 20 times his money on his investments. “If you look […]
Read moreThe fastest growing FANG stock slowed this week. Netflix — up 64 percent in the last 12 months, outpacing Facebook, Amazon and Google-parent Alphabet — shed more than 5 percent this week, as big media players started eyeing the streaming space. AT Friday close, the stock had fallen to $192.02. “I think Netflix is in […]
Read moreAir Force lieutenant general Steve Kwast believes a “Kitty Hawk” moment will begin a new era in space. But while the U.S. still leads every other country in space, Kwast cautions that edge is whittling away. “In my best military judgement China is on a 10-year journey to operationalize space. We’re on a 50-year journey,” […]
Read moreWith some tech companies struggling post-IPO, Silicon Valley could start looking elsewhere for cash — namely, to Japanese billionaire Masayoshi Son, technology investor Jason Calacanis told CNBC’s “Squawk Alley” on Friday. “There’s this other optionality, the Masa-IPO,” Calacanis said. “In Silicon Valley now, everybody’s talking about, ‘Why IPO when you can just Masa-PO?’ Masa’s going […]
Read moreApple will issue a software update to fix iPhone X screens that act up in cold weather, the company told CNBC. Some social media users complained that the iPhone X screen would become unresponsive or inaccurate in the cold, unless users locked and unlocked the phone. The issue became more widely known when it was […]
Read moreJPMorgan health care expert Lisa Gill shared her views on the impact Amazon is having on the pharmaceutical space in an exclusive interview with CNBC PRO’s Mike Santoli. “That’s all anybody wants to talk about – I think myself, every sell-side shop has put out something with their thoughts around this,” said Gill. “We would […]
Read moreJPMorgan health care expert Lisa Gill shared her thoughts on the drug pricing debate as well as potential stock picks in an exclusive interview with CNBC PRO’s Mike Santoli. “As we think about drug pricing, [pharmacy benefit managers] don’t set the price at the end of the day,” explained Gill. “The drug distributors distribute a […]
Read moreTesla and SpaceX CEO Elon Musk took a photo in Turkey that has earned more likes than anything else he has posted to Instagram. Musk posted a shot of himself at the memorial of Mustafa Kemal Ataturk, the first president of modern Turkey and a champion of secularism and modernization. The post has nearly 1 […]
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Bitcoin has defied gravity this year, and it’s taken one retail stock along with it. Shares of Overstock.com are on pace for their best year since 2004, largely due to the growing interest in cryptocurrencies, but some market participants are wary of the stock continuing its run. In January 2014, Overstock became the first U.S. […]
Read moreFacebook CEO Mark Zuckerberg said the extent of the U.S. opioid crisis was the thing that surprised him the most during his travels throughout America this year. “The biggest surprise by far is the extent of opioid issues, it’s really saddening to see,” Zuckerberg said during a live Facebook broadcast from the University of Kansas. […]
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