Shares of Weight Watchers rose more than 5 percent Tuesday after the company announced that music producer DJ Khaled will be its “social media ambassador” in 2018. Weight Watchers said Khaled will document his progress on social media as he completes the “WW Freestyle” weight-loss program. Khaled has a wide following on social media. As […]

Abbott shares rose 3.3 percent Tuesday after J.P. Morgan Chase upgraded the stock and raised its price target, citing growth potential from the company’s new products. The firm upgraded Abbott to overweight from neutral and raised its year-end price target to $65 from $60. Shares were at $58.98 in early trading Tuesday. Abbott could benefit […]

The research director behind one of 2017’s top-performing exchange-traded funds is still betting on bitcoin and electric, self-driving cars. Thanks to an early investment in the Bitcoin Investment Trust (GBTC), Ark Web x.0 ETF (ARKW) and the Ark Innovation ETF (ARKK) are the two best-performing ETFs this year, according to a report last week from […]

The U.S. dollar saw a stunning spiral downward this year, now tracking for its worst since 2003. One strategist closely looking at the dollar’s technical setup says the greenback’s current levels are at a key juncture. Matt Maley, equity strategist with Miller Tabak, breaks down possible scenarios for the dollar as it trades near these […]

Difficult times for Chipotle shareholders will not turn around anytime soon, according to one Wall Street firm. Cowen reiterated its underperform rating on Chipotle shares, predicting the company’s fourth-quarter sales will come in below expectations. “If Facebook check-in’s are indicative of traffic, data suggests the most recent weekly trend weakened to the softest levels of […]

After a record 71 closes for the Dow so far this year, one of this year’s biggest bulls is taking a more subdued view of the stock market. PNC Asset Management’s Bill Stone is telling investors not to expect such a big year in 2018. “I’ve gotten a little less optimistic. It’s not bad. I […]

Check out which companies are making headlines before the bell: Goldman Sachs – Goldman said current quarter earnings will be reduced by about $5 billion. In an SEC filing, Goldman said this is due in part to the reduction in the repatriation tax and resulting moves to bring cash back to the U.S. Apple – […]

Wall Street economists are warming to the idea that the Fed may raise interest rates four or more times next year, moving faster than its current forecast. The Fed has been forecasting three interest rate hikes for 2018, but the market has spent the past year doubting it will move even twice because of the […]

This year was a record-breaking year on all fronts for the ETF business: inflows of $476 billion, and assets under management swelling to $3.4 billion. For 2018, investors will continue to pour money into low-cost index ETFs. It will be great news for investors, who will benefit from even lower fees, but it will be […]

Asian markets have had a good run this year, shrugging off jitters faced at the end of last year over the potential trade and foreign policy implications the new administration of U.S. President Donald Trump would have on the region. While geopolitical uncertainty was a major focal point earlier this year — with several North […]