Investing

On a very bullish day for the broader stock market, the declines in the retail sector were speaking volumes to CNBC’s Jim Cramer. With the trade dispute between the United States and China heating up, the “Mad Money” host figured the weakness stemmed from “a belief that the retailers will have to eat the tariffs,
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With investors seemingly undecided about how badly trade tensions with China will hit U.S. markets, CNBC’s Jim Cramer wanted to define the issue a bit more for Wall Street. “‘Who has more to lose?’ People keep asking this question about the trade war with China as though we don’t really already know the answer. But
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Boeing, Lockheed Martin and CSX Transportation are the stocks to buy within the industrial sector, Todd Gordon of TradingAnalysis.com told CNBC on Tuesday. “I follow the trend lines. So far this market just looks like it wants to push higher,” Gordon said on CNBC’s “Fast Money.” Industrial-sector stocks have fallen in the crosshairs of PresidentDonald
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As trade tensions between the U.S. and China heat up, expect to pay for it at the cash register. “Every time this trade war escalates, the risk to U.S. consumers grows,” Matthew Shay, the president and CEO of the National Retail Federation, said in a statement. “With these latest tariffs, many hardworking Americans will soon
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Gary Cohn, the White House’s former top economic advisor, said Monday that Jamie Dimon would make a “phenomenal president” days after the J.P. Morgan Chase chief executive said he could beat President Donald Trump in an election. “I think Jamie would make a phenomenal president. I think Jamie would be a spectacular president,” Cohn said
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But while the benchmark rate is at about the same level it was following the financial crisis, monetary policy conditions are drastically different, said Peter Boockvar, chief investment officer at Bleakley Advisory Group. A decade ago, the Fed slashed its overnight interest rate to zero during the aftermath of the financial crisis. The central bank
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Tiffany shares will rise as the company benefits from strong demand in China, according to Credit Suisse. The firm reiterated its outperform rating for the retailer’s shares, predicting the company will report sales above expectations for its second quarter. China sales represent approximately 15 percent of Tiffany’s revenue, analyst Michael Binetti said Friday in a
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Check out the companies making headlines before the bell: Foot Locker – Foot Locker reported adjusted quarterly earnings of 75 cents per share, 5 cents a share above estimates. Revenue also beat forecasts, however comparable-store sales rose by 0.5 percent, short of the 0.7 percent estimate of analysts surveyed by Thomson Reuters. Hibbett Sports –
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Mike Kane | Bloomberg | Getty Images Jeff Bezos, chief executive officer of Amazon.com Inc. Jefferies is getting more optimistic on rising wages, seeing a shift in several global labor markets as helping companies which sell to consumers. “An embryonic wage cycle is appearing in Japan, US, Netherlands and Germany as tight labor markets force
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Jefferies is getting more optimistic on Salesforce shares due to its strong deal pipeline. The firm reiterated its buy rating for Salesforce stock, predicting the cloud computing software company will report sales growth above expectations this fiscal year. Salesforce will report its fiscal second-quarter results on Aug. 29. “We believe that CRM will meet or
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Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France.  The so-called “smart money” hedge funds are dramatically underperforming this year. Goldman Sachs explained
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In the United States, Charles Herman, a 29-year-old small business owner in Charleston, S.C., became obsessed with virtual currencies last September. He said he now felt like he had wasted 10 months of his life trying to play the markets. While he is essentially back to the $4,000 he put in, he has soured on
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