Business Insider•12 hours agoThe mysterious trader known as '50 Cent' appears to be back betting on more stock market chaos
The mysterious volatility trader known as "50 Cent" appears to have made some new bets this week that the stock market will see turbulence over the summer. The trades match a growing sentiment across Wall Street that the stock market could be in for a rocky ride over the next few months. Known for his consistent purchases of bite-size Cboe Volatility Index (VIX) options — usually costing about 50 cents — the trader has historically positioned himself to profit from market turbulence.
- TheStreet.com•14 hours ago
Four Stocks Poised for Big Gains: Cramer's 'Off the Charts'
With a stock market that's been picking up steam for quite some time, finding reasonable places to invest is challenging. Moreno has several picks he feels are ready to move higher, starting with United States Steel Corp. The steelmaker's stock has been trading sideways despite President Trump's imposition of steel tariffs on imports.
- TheStreet.com•1 hour ago
9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019
2018 is just about over, in the minds of some investors. "We expect investors will soon look past 2018 and focus on 2019 growth," says Goldman Sachs strategist David Kostin. "For many years, beginning in July investors would start to value stocks
InvestorPlace•14 hours agoTrade of the Day: Alphabet Inc Stock Is Playing Catch-Up
Large-cap technology stocks as represented by the PowerShares QQQ Trust (ETF) (NASDAQ:QQQ) have been en vogue again over the past month and a half, and as a result by early June it broke to fresh all-time highs. Shares of Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL), however, have been relatively lagging this rally and could now be primed for a catch-up trade. Today we look at a well-defined trading setup in GOOGL stock.
- Bloomberg•14 hours ago
Royal Caribbean Has a $240,000 Cruise for You
If you have a quarter of a million dollars to spare, Royal Caribbean Cruises Ltd. will soon have a vacation for you. The Miami-based cruise operator agreed to buy a 66.7 percent stake in closely held Silversea Cruises Ltd. based on an enterprise value of about $2 billion. The deal will give the company new luxury offerings, including a stay in the Owner’s Suite that starts at $240,000 per person for Silversea’s World Cruise 2020, a 140-day trip around the globe.
- CNBC Videos•4 hours ago
These are the surging tech stocks to buy right now, techn...
3 tech stocks to buy at highs. With Todd Gordon, TradingAnalysis.com, CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, David Seaburg, Brian Kelly and Guy Adami.
- TheStreet.com•1 hour ago
Amazon, Nvidia, Micron and 10 Other Stocks to Own in June
First-quarter-earnings season is just about complete, and more than 78% of S&P 500 companies that have reported beat expectations for earnings per share. It should also be good enough to stay the course as long as Federal Reserve members stay on theirs, and if volatility in the U.S. dollar and West Texas Intermediate crude remains moderately predictable. After all, the Atlanta Fed's model for second-quarter GDP growth stands at a solid 4% as I write this.
- Bloomberg•yesterday
Fired Tesla Workers Still Love Elon Musk
Tesla Inc. just started bidding farewell to more than 3,000 employees, the biggest layoffs in the company’s 15-year history. Throop wasn’t the only newly unemployed Tesla worker to cheer on his former boss on Twitter. Will always be proud to say I worked for Tesla.
- TheStreet.com•9 hours ago
3 Great Stocks for Retirees to Own
Investors and financial planners both suggest that dividend stocks can be a great source of income for those looking to supplement their retirement savings. The blue-chip stock's staying power and brand recognition should be viewed favorably by retiree investors, says Robert Johnson, principal at the Fed Policy Investment Research Group. Demand for Johnson & Johnson's products remains fairly consistent, providing a more stable investment in the event of a stock market decline, Johnson thinks.
- TheStreet.com•8 hours ago
Warren Buffett at Age 87 Still Does One Amazing Thing That Drives Success
Known as the 'Oracle of Omaha', Buffett has made himself into a household name through legendary investing techniques that have amassed him a $79 billion net worth at 87 years old. Buffett started playing the markets at the young age of 11, but he's offered sage wisdom on investing for years since he made his first millions.
- InvestorPlace•10 hours ago
This Is as Good as It Gets for Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. (NASDAQ:AMD) has staged an incredible recovery over the past two months. AMD stock bottomed out at $9 in April. That appeared to be a decisive breakdown out of the $10-$15 trading range that AMD stock has long stayed within
- Fortune•15 hours ago
'Interested in a Job at the White House?' The Trump Administration Looks to Fill Openings at Executive Branch Job Fair
The Trump administration is trying a new tactic to recruit employees as White House staffers head for the exits at a rapid rate. An email advertising an upcoming job fair—with the subject line “Interested in a job at the White House?”—was circulated to Republicans on Capitol Hill on Wednesday, according to a report from Politico. The flyer reportedly advertises a wide range of available positions in the White House and beyond—including within the Defense Department, Interior, Commerce, Homeland Security, Health & Human Services, NASA, Energy, and even the Treasury.
- InvestorPlace•9 hours ago
Target Pulls ‘Baby Daddy’ Cards for Father’s Day Amid Backlash
Target Corporation (NYSE:TGT) is pulling a Father’s Day card after complaints from customers. Source: Mike Mozart via Flickr (Modified) The card that was being sold at Target locations includes the words “Baby Daddy” in big text on the front of
- InvestorPlace•11 hours ago
Embrace That iQiyi, Inc Is Being Called the Netflix of China
If the name iQiyi, Inc (NASDAQ:IQ) doesn’t ring a bell with you, there’s a perfectly good reason. It also doesn’t take aim at the North American market, instead serving China’s fast-growing consumer market. It’s most often compared to Netflix, Inc. (NASDAQ:NFLX).
Business Insider•6 hours agoApple’s fastest-growing business isn’t the iPhone — but that’s still what investors care the most about (AAPL)
Apple made 62% of its revenue from iPhones last year — but that segment is quickly losing ground to Services. Follow Apple’s stock price in real-time here. Apple sold a whopping 52.2 million iPhones during the second-quarter.
- CNBC Videos•10 hours ago
Impact of rising interest rates on bank stocks
Jeffery Harte, Sandler O'Neill bank analyst, discusses what continued rate hikes mean for the banking sector.
Yahoo Finance•9 hours agoSEC announces cryptocurrency ether is not a security
Are bitcoin and ether securities? Finally, one of the biggest questions and debates in crypto has been answered by the SEC, officially. In an announcement at Yahoo Finance’s All Market Summit: Crypto in San Francisco on Thursday, the U.S. Securities and Exchange Commission Director of Corporate Finance William Hinman said that the commission would not be classifying ether or bitcoin as securities.
- Business Insider•8 hours ago
Millennial investors were piling into AT&T in anticipation its big merger with Time Warner would get approved (T)
Data from the free-trading app Robinhood, popular amongst millennials, showed 7,278 investors bought AT&T shares using the app over the past week. It is unclear as to what specific days the transactions occurred, so it is possible the bulk of the purchases came after the deal's approval was announced.
- InvestorPlace•9 hours ago
Comcast Corporation’s Renewed Fox Bid Isn’t as Attractive as It Looks
Anyone with functioning brain cells could see that the bidding war for Twenty-First Century Fox Inc (NASDAQ:FOXA) would turn ugly. The two media titans, Comcast Corporation (NASDAQ:CMCSA) and Walt Disney Co (NYSE:DIS), each have their own critical reasons to acquire Fox. Earlier this week, the federal court presiding over the AT&T Inc. (NYSE:T) and Time Warner Inc (NYSE:TWX) deal cleared the way for its conclusion.
- InvestorPlace•10 hours ago
JD.Com Inc Stock Is Back on Track, and Could Head a Lot Higher
Over the past several weeks, China e-retail giant JD.Com Inc(ADR) (NASDAQ:JD) has come roaring back. Mostly due to near-term margin compression concerns, which are the result of growth-oriented investments, JD stock dropped from $50 at the end of January to $35 at the end of May. After all, the only reason margins are under pressure is because JD is spending big to grow big.
Yahoo Finance•9 hours agoGeneral Electric dips, Microsoft up slightly, Mylan under pressure
General Electric (GE): Shares are down in early trade, at around .68%. GE was urged by France’s finance minister to stick to its commitment to create 1,000 jobs at energy producer Alstom. The company made the commitment in 2015 when it bought Alstom’s energy business, but GE subsequently said the target was out of reach.
- InvestorPlace•yesterday
7 Strong Buy Stocks Analysts Are Upgrading Now, Including Facebook, Inc.
Analysts reiterate their stock recommendations quite a bit. This is especially the case for a market-leading stock like Facebook, Inc. (NASDAQ:FB) — see below! Value is being uncovered,” Wells Fargo Securities’ Chris Harvey told CNBC on May 6.
- CNBC•13 hours ago
Oracle shares drop after JP Morgan downgrades on lost business to Amazon and Microsoft
J.P. Morgan lowers its rating to neutral from overweight for Oracle shares, citing negative results in a tech spending survey of corporate executives. The firm says companies are moving from Oracle software to Amazon and Microsoft platforms. Oracle ORCL is losing favor among technology buyers to leading cloud computing vendors, according to J.P. Morgan.
- Investopedia•7 hours ago
NXP Stock Seen Falling Amid Qualcomm Deal Concern
Qualcomm Inc. ( QCOM) has been trying for months to close its proposed $44 billion acquisition of NXP Semiconductors N.V. ( NXPI). Options traders are betting the deal doesn't get final approval and that shares of NXP will fall below $100—a drop of nearly 13% from its current price and over 24% below the deal price of $127.50.
- Investopedia•15 hours ago
3 Stocks That May Push the Dow to a New Record
Having thrown off the year’s early market turmoil, the Dow Jones Industrial Average, through fits and starts, is slowly approaching its all-time record high. Needing only the slightest boost to push it above that level, Chris Verrone of Strategas Research Partners told CNBC’s Trading Nation on Tuesday that the strength to propel the Dow above and beyond its old record is likely to come from three big names: J.P. Morgan Chase & Co. ( JPM), Apple Inc. ( AAPL) and The Home Depot Inc. ( HD).
