Investing

The SpaceX Crew Dragon capsule next to the company’s Falcon 9 rocket in a hangar at Kennedy Space Center, Florida. SpaceX In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, as the company looks to show it fixed an issue that caused an empty

Twitter CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Payments giant Square is getting into stock trading. The San Francisco-based company will offer users the ability to trade individual stock on its Cash App, for

Ark Investment Management founder and CEO Catherine Wood told CNBC that Thursday’s surge in Tesla stock is just the beginning of an eventual rise to $4,000 per share and possibly beyond. “Some of the shorts are covering” as Tesla shares see their best single-session gain in six years, said Wood, whose firm owns a considerable

Jeffrey Vinik Victor J. Blue | Bloomberg | Getty Images Jeffrey Vinik, the billionaire investor who relaunched his hedge fund earlier this year, is cutting his comeback tour short. “It has been much harder to raise money over the last several months than I anticipated,” Vinik said in a letter dated Wednesday to investors. The

Paul Tudor Jones Leanne Miller | CNBC Presidential hopeful Pete Buttigieg has seen a marked uptick in support following his standout performance earlier this month at the Democratic debate in Ohio. And that includes billionaire investor Paul Tudor Jones. “I love Pete, I love Mayor Pete, because I think he would be the best administrator

Free gondola rides to and from Salesforce Park Source: Saleforce Transit Center In a year plagued by U.S.-China trade tensions where investors piled into “tariff-proof” software stocks like Microsoft and Salesforce, a stunning reversal is occurring. As trade tensions cool-off and a slowing economy forces companies to spend less on software services, these high-flying technology

United Technologies Brendan McDermid | Reuters United Technologies shares rose in trading Tuesday after the top industrials analyst on Wall Street said on CNBC’s “Halftime Report” that he likes the conglomerate’s upside from here. “This is in my view one of the best-of-both-world stocks,” J.P. Morgan analyst Stephen Tusa. Shares of United Technologies were higher

A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Generally, profits are topping expectations by a large margin this earnings season, but there were some notable misses on Tuesday. Some of the largest and most well-known companies in the U.S. — including McDonald’s, UPS and Lockheed Martin

Biotech stocks surged after Biogen announced plans to revive its Alzheimer’s drug aducanumab. The iShares NASDAQ Biotechnology ETF gained more than 3% at its high on Tuesday — its best daily gain since January 7 — with Biogen powering the ETF higher. Shares of Biogen are up more than 25% and tracking for one of

A woman takes a selfie with a dog Ezequiel Becerra | AFP | Getty Images A company responsible for keeping pets healthy may have just won earnings season. PetMed Express soared more than 30% on Monday after the online pet pharmacy said its quarterly profit topped Wall Street’s estimates. The company reported earnings of 33

Senator Elizabeth Warren (D-MA), a 2020 US Presidential hopeful, speaks during the ‘We The People’ Summit at the Warner Theatre April 1, 2019, in Washington, DC. Brendan Smialowski | AFP | Getty Images One Wall Street economist on Monday warned clients about the tax proposals touted by Democratic presidential hopefuls Elizabeth Warren and Bernie Sanders,

Brendan McDermid | Reuters The Dow Jones Industrial Average is only about 2% from a record high, but confidence is hard to come by when wealthy investors are asked about the future direction for the market. The percentage of the affluent investors who expect a stock market decline to be booked in the fourth quarter

Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Morgan Stanley downgraded Caterpillar to ‘equal weight’ from ‘overweight’ Morgan Stanley said it sees a “balanced” risk/reward. “We see increasing downside risks to CAT‘s Construction and Energy & Transportation segments. Resources segment and share

There are a number of companies set to report earnings next week, but there are five key names that investors should be focused on since these companies almost always beat the Street, according to data from Bespoke Investment Group. 1. Visa Visa reports fourth quarter earnings on Thursday after the bell, and if history is

Sunrun installer putting up solar electric panels on a residential rooftop in California. Source: Sunrun Hedge fund Tiger Global Management is making a big bet on continued expansion at San-Francisco-based Sunrun, which has grown into the nation’s largest residential solar company. The fund, headed by Julian Robertson protégé Chase Coleman, has been steadily increasing its

Denver money manager Fred Taylor of Northstar Investment Advisors. Source: Northstar Investment Advisors Managing investments in a year fraught with headline risks requires a sound strategy and the conviction to stand by it, but also the flexibility to take advantage of fast-changing market conditions. Denver money manager Fred Taylor has long focused on companies that

Carl Icahn, billionaire activist investor, waits for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, to speak at an election night event in New York, U.S., on Tuesday, April 19, 2016. Victor J. Blue | Bloomberg | Getty Images Billionaire investor Carl Icahn is moving his

Five states hit new lows in unemployment during September, including a couple that could be pivotal in the 2020 presidential election. As the national jobless level fell to 3.5%, a 50-year low, Alabama (3%), California (4%), Illinois (3.9%), New Jersey (3.1%) and South Carolina (2.9%) set all-time bottoms in data that goes back to 1976,

Pimco founder and bond industry legend Bill Gross is done with his previous life running huge investment bonds and making market headlines. But that doesn’t mean he’s done as an investor. Instead, the one-time “bond king” is putting money to work for his own sake rather than running what was once the world’s largest bond

Real estate mogul Barry Sternlicht told CNBC on Friday that while WeWork has had its failures, there’s still a real business to be found at its core. “This company got a little off of the rails,” said Sternlicht, chairman and CEO of investment firm Starwood Capital, which has about $60 billion in assets under management.