There used to be a widespread understanding in the stock market that stocks could be here today and gone tomorrow, but Jim Cramer finds that is not the case anymore. “We’ve gone well beyond that,” the “Mad Money” host said. “Those days are long over, and if you recommend a stock for a trade, even […]
Read moreYou might be able to connect to the internet from the new Apple Watch even when your iPhone isn’t nearby. Bloomberg said on Friday that Apple is building a new version of the Apple Watch with built-in cellular modems from Intel. Reports in previous years have suggested this might happen and watches from LG and […]
Read moreSome bullish options traders on Wall Street are betting Snap‘s troubled stock might bounce back as early as next week. There have been some big block buys in the options pit, according to trader Jon Najarian, co-founder of Najarian Family Office and a CNBC contributor. The unusual trading activity — “huge,” “massive” buying of August […]
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IN February of 2001, Alan Greenspan, then still the chairman of the Federal Reserve, and still called the “Maestro”, testified to the Senate Budget Committee. The committee wanted to get started on the tax cuts George W. Bush had promised during his campaign. Mr Greenspan gave them his qualified blessing, with an argument that now […]
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Bitcoin is holding up well against its offshoot rival in its wild first week of trading. The new “bitcoin cash” plunged 30 percent Friday to below $300, while the original cryptocurrency edged higher and approached $2,900, nearly triple in value for the year. Bitcoin split into bitcoin and bitcoin cash Tuesday, and the new digital […]
Read moreA month after its initial public offering, Blue Apron is losing more than a third of its workforce at a Jersey City, New Jersey, facility. The meal-kit delivery company said it plans to close this location in October and has given all of its employees the option to transfer to the new facility located in […]
Read moreThe chances of Uber choosing a woman as its next CEO are about the same as getting a cab in midtown Manhattan in the rain at rush hour. As a woman who has built her career in and around tech, I strongly suspected this even before this week’s report that the field has been narrowed […]
Read moreChinese-made drones that may have been used by U.S. service members in Syria are now banned by the U.S. Army, according to a report. “Cease all use, uninstall all DJI applications, remove all batteries/storage media from devices, and secure equipment for follow on direction,” reads the memo from Lt. Gen. Joseph H. Anderson, the Army’s […]
Read moreGoogle is talking to several publishers about a technology that’s similar to Snapchat, according to a Friday report in The Wall Street Journal. The technology, dubbed “Stamp,” could be revealed as soon as next week and contain content from Vox Media, CNN, Mic, the Washington Post and Time, the Journal reported. The technology could potentially […]
Read moreProfessional traders are not impressed with the Dow rally, driven by Boeing, Apple and a few banks. August is typically a down month: The S&P 500 has on average dropped 2.1 percent this month since 2010, according to the analytics tool Kensho. Right on schedule, the August slowdown has emerged. The issue is whether this […]
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