A trader works next to a Grubhub Inc. paper bag on the floor of the New York Stock Exchange (NYSE) in New York. Jin Lee | Bloomberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are some
Investing
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The addictive nature of video games, designed to keep players in the game for as long as possible, may make investors happy, but some are now warning that a regulatory crackdown could
Steve Mollenkopf, CEO of Qualcomm. Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Mizuho upgraded Qualcomm to ‘buy’ from ‘neutral’ Mizuho said the semiconductor and telecommunications equipment company was positioned well on 5G going in to 2020 and beyond. “We have been positive on QCOM‘s 5G outlook in 2020
An assembly line worker works on the production line at Midwest Automotive Designs in Bristol, Indiana, April 16, 2019. Tim Aeppel | Reuters The U.S. economy will barely grow at all in the fourth quarter, if two Federal Reserve gauges that track gross domestic product are correct. With some recent data coming in below expectations,
Traders work on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images The Securities and Exchange Commission is moving closer to approve a new flavor of exchange-traded funds that allow stock pickers to keep their holdings secret. Asset managers T. Rowe Price, Natixis, Fidelity and Blue Tractor have won
Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019. Source: Apple Here are the biggest calls on Wall Street on Thursday: Maxim downgraded Apple to ‘sell’ from ‘hold’ Maxim downgraded the stock and said iPhone sales would be lower than expected in 2020. “We are downgrading shares of AAPL to
A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Free trading is paying off for brokerage firm Charles Schwab. In the same month the firm dropped trading commissions, Schwab added 142,000 new brokerage accounts, 31% more than the number of new
Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Wall Street analysts are expecting big things from Nvidia when the chip maker reports its third-quarter earnings on Thursday after the bell.
Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Michael Short | Bloomberg | Getty Images Google is getting into banking — but not with the same motivations as Wall Street. The tech giant is launching customer checking
In this photo illustration, the Disney + logo is displayed on the screen of an Apple MacBook Pro computer on November 08, 2019 in Paris, France. Chesnot | Getty Images This is a developing story. Check back for updates. Credit Suisse raised its outlook for Disney shares after the company released the first-day numbers for
Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019. Source: Apple Here are the biggest calls on Wall Street on Wednesday: RBC initiated Apple as ‘outperform’ RBC said in its initiation of Apple that the company has strength in its balance sheet to deliver significant cash flow back to shareholders.
Traders work during the opening bell at the New York Stock Exchange (NYSE) on October 2, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images A majority of the most wealthy investors around the world are bracing for a big sell-off next year, according to a UBS survey. Fifty-five
Netflix has a dominant position in the streaming wars but, while analysts believe the steadily increasing number of well-funded competing services will take a bite out of the company’s advantage, most do not expect Netflix will lose many subscribers. “Netflix is likely to see some incremental churn from new competition – but it should be
An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Tuesday: Evercore ISI upgraded Live Nation to ‘outperform’ from ‘in line’ Evercore said it sees another “strong, double-digit growth” year in 2020 for the events
Tesla founder Elon Musk speaks at the unveiling event by “The Boring Company” for the test tunnel of a proposed underground transportation network across Los Angeles County, in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters Here are the biggest calls on Wall Street on Monday: Jefferies raised its price target on
With the decade drawing to a close Bank of America has identified 10 important investing themes to watch over the next 10 years. Underpinning the list is the tectonic societal shifts that the firm anticipates will play out over the next decade. The firm said that the coming decade will be “unlike any before it”
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 15, 2019 at Wall Street in New York City. JOHANNES EISELE | AFP | Getty Images Earnings in 2019 are setting a low bar to clear in 2020, paving the way for stocks to continue their record-setting rally, according to
Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” as a potential risk factor
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019. Mike Blake | Reuters Tesla founder Elon Musk has fired
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.)