Investing

The inside of one of Five Below’s existing locations. Five Below Here are the biggest calls on Wall Street on Friday: William Blair initiated Five Below as ‘outperform’ William Blair initiated Five Below and said it thinks the discount retailer offers a “fun, differentiated” shopping experience for kids, teens, and their parents. “The stores feature

Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE) on August 6, 2019. Drew Angerer | Getty Images As volatility erupted everywhere amid fears of a recession, Goldman Sachs is advising clients to stick with stocks with stable earnings growth. The bank added a new

Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images The market is in a slow melt-up mode on Friday. There was a volume spike at 11:30 a.m. as European markets closed and as the S&P 500 passed the earlier highs of the day at 10:00 a.m. ET, a

Employees use hand tools to assemble components of a LEAP jet engine at the General Electric Aviation plant in Lafayette, Indiana, July 19, 2019. Luke Sharrett | Bloomberg | Getty Images The top analyst on General Electric sounded the alarm on Friday, in a warning to shareholders that one of the struggling conglomerate’s key businesses

Brand new Tesla motors electric cars, including the Tesla Model 3 on a car carrier truck awaiting delivery near the company’s headquarters and factory in the Silicon Valley, Fremont, California, July 28, 2018. Smith Collection/Gado | Archive Photos | Getty Images Tesla’s third-quarter deliveries miss may reveal a more worrying trend, according to JMP Securities. “The delivery data

I came across this in my Instagram feed yesterday and I had two thoughts… The first thing is, awww man, I love Shark Tank. My kids do too. Why does this dude have to be doing this? And then I thought about how if a regulated investment company or advisor had posted this ad, it

Netflix Co-founder, Chairman & CEO Reed Hastings attends a Q&A during a Transatlantic Forum in Lille, France. Sylvain Lefevre | Getty Images Netflix’s upcoming earnings results will show whether it’ll be able to compete with new rival platforms from Disney, Apple and others, according to Bank of America Merrill Lynch. Investors will take special note

Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images One of the market’s most important players is losing its mojo. Corporate America’s share buybacks, which hit a record of over $1 trillion in 2018 on the back of a tax overhaul, have begun to

Pedestrians walk outside an E*Trade Financial office in New York. Daniel Acker | Bloomberg | Getty Images Retail brokerage firm E-Trade announced Wednesday it will drop commission fees on online U.S. stock, ETF and options trades. The move comes within a week of Interactive Brokers, Charles Schwab and TD Ameritrade all dropping their commission fees.

Monster Beverage Corp. drinks. David Paul Morris | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Wednesday: Guggenheim downgraded Monster Beverage to ‘neutral’ from ‘buy’ Guggenheim said its downgrade that it thinks the stock will be “range bound” for the next 6-9 months. “We are downgrading Monster to NEUTRAL (from

Technology companies, which face some of the biggest tariff impacts, have been slashing expectations for third-quarter earnings at a record pace. With the kickoff to the heart of earnings season still about two weeks away, some 29 information technology sector companies have lowered their guidance, which is the biggest number since FactSet starting tracking the

Kathy Huff installs a headlight assembly at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters U.S. economic growth is expected to have slowed in the third quarter of 2019, according to the Atlanta Federal Reserve’s GDP tracking gauge. The GDPNow model estimates the

Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam in an internal investigation into the botched surveillance of the bank’s former wealth management head Iqbal Khan in a probe that cost Thiam’s right-hand man his job. Chief Operating Officer Pierre-Olivier Bouee resigned after the investigation by the Homburger law firm found he alone initiated observation

iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max Todd Haselton | CNBC J.P. Morgan raised its price target on Apple’s stock Monday, expecting the company’s shares will rise 21% as sales of its new line of iPhone are “stronger than muted expectations.” “We are modestly raising our iPhone volume forecasts and expect investor sentiment

Pedestrians pass in front of a TD Ameritrade location in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Interactive Brokers will now make any amount of your stock trades without commission fees, threatening rival brokerage firms. Shares of retail brokerage firms TD Ameritrade, Charles Schwab, and E-Trade Financial all traded down Thursday

Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) applaud during the Nasdaq opening bell ceremony celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Here are the biggest calls on Wall Street on Friday: Wells Fargo raised

CNBC’s Jim Cramer on Friday called Wells Fargo‘s selection of veteran banking leader Charles Scharf as its new CEO a “brilliant move.” “This was a job that was offered to Charlie a while ago. And Charlie didn’t want to take it,” Cramer said. “But I think the opportunity was just too great, was my understanding.”

China’s President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. Nicholas Asfouri | AFP | Getty Images U.S. consumers are getting increasingly anxious about the trade war with China despite a recent thaw in the tensions ahead of the trade

Randal Quarles, vice chairman of supervision at the Federal Reserve, at the NABE Economic Policy Conference in Washington, D.C., U.S. on Feb. 26, 2018. Joshua Roberts Washington, D.C. — The U.S. economy is chugging along nicely even as worries over the country’s trade policy are hurting business investment, a top Federal Reserve official said Friday.

Charles Scharf Qilai Shen | Bloomberg | Getty Images Three decades before Charlie Scharf was named CEO of Wells Fargo, he got his start by mailing his resume to an up-and-coming banker named Jamie Dimon. Scharf was a senior at Johns Hopkins University when Dimon hired him at Baltimore lender Commercial Credit. That move proved