After the decline in the FANG stocks on Tuesday, CNBC’s Jim Cramer issued a warning to investors who own the technology-laden group. “I just wanted to get in front of tomorrow’s storyline,” the “Mad Money” host said. “You better believe the obituary’s being written once again right now, this time with the death notice containing […]
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Short-seller Andrew Left can’t find enough ways to short, or bet against, bitcoin. “If you’re a short-seller right now and you’re cautious and you want to short something that’s related to bitcoin and not bitcoin, you have limited opportunities,” the Citron Research founder said Tuesday on CNBC’s “Fast Money.” “But they’re nice and juicy, and […]
Read moreMarkets will be watching to see if interest rates continue to climb Wednesday, as the tax bill makes its way through Congress. The stock market’s tax party took a breather Tuesday, just as Treasury yields snapped higher. While not many traders were tying the two moves, the markets will be watching those yields again Wednesday, […]
Read moreStocks on Wall Street declined as tech names edged lower ahead of the Asia’s Wednesday trading day. The data calendar for the region is relatively light and investors will likely keep an eye on the Senate vote on a U.S. tax bill. House Republicans will have to vote on the GOP tax bill again after […]
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With a Bank of America Merrill Lynch survey casting bitcoin as the world’s most crowded investment, CNBC’s Jim Cramer weighed the idea of the cryptocurrency replacing gold. “Has bitcoin started to replace gold as a repository of value, a place for rich people to hide their money when they get worried about inflation or government […]
Read moreEarlier this year, Juul Labs quietly spun out of vaping company Pax Labs and quickly catapulted up the charts to become the top e-cigarette producer on the market. Now, the San Francisco-based company is raising $150 million in its first financing as an independent company. The separation allowed Juul to focus on people seeking an […]
Read moreAfter the decline in the FANG stocks on Tuesday, CNBC’s Jim Cramer issued a warning to investors who own the technology-laden group. “I just wanted to get in front of tomorrow’s storyline,” the “Mad Money” host said. “You better believe the obituary’s being written once again right now, this time with the death notice containing […]
Read moreElon Musk committed a Twitter faux pas by accidentally tweeting his cell phone number to Oculus CTO John Carmack. So we called it. No, we didn’t get Musk on the phone. Instead his ringing music (or potentially voicemail greeting) was a message recorded by God of War creator David Jaffe. It’s one of two secret […]
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Bitcoin plunged more than $1,000 in less than an hour Tuesday. The digital currency fell from $17,929 to a low of $16,912 between 3:30 and 4:30 p.m. ET, according to Coinbase, the leading U.S. platform for buying and selling major cryptocurrencies. Bitcoin had traded near $19,800 on Sunday. The slump came just around the close […]
Read moreOnline styling service Stitch Fix‘s shares plunged more than 10 percent after it reported its first earnings as a publicly traded company Tuesday afternoon. While earnings and sales just slightly surpassed analysts’ expectations, gross margins were hampered by investments into new categories, falling nearly 3 percentage points. Here’s what Stitch Fix reported, compared with what […]
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