Netflix looks attractive heading into its quarterly earnings report being issued Monday afternoon, even after a massive run, strategist Mark Tepper says. Netflix shares have jumped 15 percent this year alone, and a whopping 65 percent in the last year. Shares rose over 1 percent on Thursday after Morgan Stanley released a bullish note on […]
Read moreU.K. Foreign Secretary Boris Johnson is reportedly entertaining the proposition of building a bridge from Britain to France. Johnson said a 22-mile crossing to connect the U.K. and France should be built across the English Channel, according to several British media reports Friday. He apparently made the suggestion at the Sandhurst military academy in southern […]
Read moreThe torch is passed as the old hedge fund guard is losing its touch in the current market. A new generation of under-the-radar hedge fund stars are soundly outperforming more experienced, better-known managers such as David Einhorn and Bill Ackman. The common thread among some of the best hedge fund performers is in-depth sector expertise. […]
Read moreNew Zealand Prime Minister Jacinda Ardern has announced that she is pregnant. The Labour leader, who was elected in October after she formed a center-left coalition, revealed Friday that the news of the surprise pregnancy came just six days before she became prime minister. “It was a week before (Deputy Prime Minister) Winston Peters made […]
Read moreThe yield on the U.S. 10-year Treasury jumped to its highest level since 2014 on Friday morning, underlining a wider move in bond markets caused by central banks moving away from financial crisis policies. “We are not surprised by the movement because we believe that the Fed will raise rates by three or four times […]
Read moreCurrency, United States Finance
Berlusconi has been in politics for nearly three decades. This is the secret to his popularity
Silvio Berlusconi has been prime minister of Italy three times. Despite a series of sex scandals and tax fraud convictions, the 81-year-old media mogul is once again at the center stage of Italian politics and could have a pivotal role in the upcoming general election. CNBC asked analysts what’s the secret of Berlusconi’s popularity. “The […]
Read moreA recent cabinet reshuffle in Indonesia is the latest move from the country’s leader to firm up support ahead of presidential elections next year, according to a Singapore-based advisory firm. On Wednesday, Indonesian President Joko Widodo oversaw the third reshuffle of his cabinet since assuming office in 2014. The reshuffle has political implications, with Widodo […]
Read moreAnyone watching or reading media coverage of the upcoming 2018 World Economic Forum (WEF) is bound to come across the terms “Davos Man” or “Davos Woman,” but who are these mysterious figures? Davos is the Swiss Alpine resort where the Forum is held every year, and has been since its inception in 1971, and the […]
Read moreEuropean markets were seen opening mixed Friday morning as investors watch out for developments in U.S. politics, new earnings and fresh data. The FTSE 100 is expected to open marginally up by 0.2 points at 7,691; the German DAX is seen lower by 5 points at 13,257 and the CAC 40 is set to open […]
Read moreBitcoin will likely “totally collapse,” Nobel Prize-winning economist Robert Shiller has told CNBC, adding that it reminds him of “tulip mania” centuries ago in the Netherlands. The Yale University professor said there are “bubbles everywhere,” not just in bitcoin, and added that he “doesn’t know what to make of bitcoin ultimately.” “It has no value […]
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