Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company’s initial public offering on the floor of the New York Stock Exchange, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Morgan Stanley gave clients a bunch of earnings stock picks where the firm’s view differs from the rest

Andrew Left, founder and CEO of Citron Research Adam Jeffery | CNBC Andrew Left’s Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund’s website Wednesday, but said “it has been an extraordinarily challenging environment to be a

Hedge fund kingpin Ray Dalio is seeing a case for gold as central banks get more aggressive with policies that devalue currencies and are about to cause a “paradigm shift” in investing. Dalio, founder of the world’s largest hedge fund, wrote in a LinkedIn post that investors have been pushed into stocks and other assets that

Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Getty Images Earnings season is underway and there’s no shortage of story lines when Netflix reports its second quarter earnings after the bell on Wednesday. Wall Street analysts say they’ll be squarely focused

A woman walks past JP Morgan Chase’s corporate headquarters in New York. Getty Images A few of the largest U.S. banks on Tuesday warned investors of the effect multiple interest rate cuts by the Federal Reserve could have on their bottom lines throughout the rest of 2019. J.P. Morgan, Wells Fargo and Goldman Sachs all

Amazon‘s annual Prime Day, actually 48 hours this year, certainly boosts memberships — and by extension the value of the company — but the e-commerce giant also needs to focus on serving brands, according to analysts. “If you look at the Prime membership, each year Amazon makes it more and more valuable … which is

Traders take orders in the S&P 500 stock index options pit at the CBOE on July 30, 2014 in Chicago, Illinois. Scott Olson | Getty Images For investors cheering stocks at record highs, a century-old classic theory is saying the market is still not out of the woods yet. The so-called Dow Theory, developed in

Treasury Secretary Steven Mnuchin has concerns about Facebook‘s proposed cryptocurrency and its potential illicit use. In a press conference Monday, Mnuchin said Facebook’s planned digital currency “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.” “Cryptocurrencies such as bitcoin have been exploited to support billions of dollars

Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images Amazon is looking to expand its empire and Morgan Stanley believes Jeff Bezos‘ ambitious satellite internet plan may become one of its most lucrative businesses.

Larry Culp, CEO, General Electric Scott Mlyn | CNBC Here are the biggest calls on Wall Street on Monday: UBS downgraded GE to ‘neutral’ from ‘buy’ UBS downgraded the stock citing valuation, a decline in interest rates, and ongoing power market weakness. “We are downgrading GE to Neutral, as a notable decline in interest rates and

The stock market has been hitting all kinds of records this week, and Wharton School professor Jeremy Siegel told CNBC on Friday that he does not see that stopping anytime soon. “I think fair market value does give us another 5% or 6% this year” on the S&P 500 with the Federal Reserve signalling interest

A man cleans a PW1000G geared turbofan engine developed by MTU Aero Engines AG and Pratt & Whitney, a unit of United Technologies Corp., at the Singapore Airshow held at the Changi Exhibition Centre in Singapore. Brent Lewin | Bloomberg | Getty Images The Dow Jones Industrial Average reached 27,000 for the first time ever

An employee rings up a customer’s merchandise at The Container Store in Chicago, Illinois. Scott Olson | Getty Images There’s a group of companies whose stock prices tend to rise or fall dramatically following earnings reports. Bespoke Investment Group analyzed the most volatile names on earnings, looking at companies that have been publicly traded for

Six Flags Over Texas in Arlington, Texas. Mike Fuentes | Bloomberg | Getty Images Watch out for the comeback kids. While market records were broken and many stocks surged in the first half of the year, not all of them did. Wall Street analysts were telling clients there were plenty of values to be found

James Gorman, chief executive officer of Morgan Stanley. Michael Nagle | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Friday: Citi upgraded Morgan Stanley to ‘buy’ from ‘neutral’ Citi said that Morgan Stanley‘s upcoming earnings may be “difficult,” but it likes the firm’s “limited rate exposure.”  “While 2Q19 is expected

James Gorman, Morgan Stanley Adam Galica | CNBC Citi upgraded Morgan Stanley to buy on Friday and said if the Fed cuts rates as expected, that it will “spur capital markets activity.” The firm also said it expects two rate cuts in 2019 and 2020 and raised its target price on the investment bank to

Christian Sewing, chief executive officer of Deutsche Bank AG, pauses as Germanys biggest bank announces full year earnings in Frankfurt, Germany, on Friday. Feb. 1, 2019. Deutsche Banks revenue contracted for an eighth straight quarter in the final months of last year, complicating Chief Executive Officer Christian Sewings plan to turn around the lender through

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters With a potentially negative earnings season looming, investors see easy Fed policy as the security blanket the stock market needs as it breaks to new highs. The thinking is that there is a “Fed put” on the stock market, meaning

The US flag flies over shipping cranes and containers in Long Beach, California on March 4, 2019. Mark Ralston | AFP | Getty Images This upcoming earnings season is shaping up to be a weak one. Because of uncertainty around trade wars and global growth, a bulk of U.S. companies are lowering the bar for

Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing on “Monetary Policy and the State of the Economy” in Washington, July 10, 2019. Erin Scott | Reuters All eyes in the financial world turned to Capitol Hill this week as Federal Reserve Chair Jerome Powell gave his semi-annual testimony. In his

U.S. Rep. Alexandria Ocasio-Cortez (D-NY), speaks at the 2019 National Action Network National Convention in New York, April 5, 2019. Lucas Jackson | Reuters National Economic Council Director Larry Kudlow praised Democratic Rep. Alexandria Ocasio-Cortez on Thursday after the left-wing lawmaker from New York urged Federal Reserve Chair Jerome Powell to keep monetary policy loose

The stock market is concerned about the economic views of far-left Democratic presidential candidates, Wall Street veteran Byron Wien told CNBC on Thursday. “The market is afraid of the more progressive Democratic candidates” who are promoting higher taxes on the rich and ambitious climate change goals, said Wien, vice chairman of private wealth solutions at

A top strategist at J.P. Morgan Asset Management said on CNBC Wednesday that the Federal Reserve is “fundamentally making a mistake” with its anticipated rate cut at the end of the month. David Kelly, the chief global strategist at J.P. Morgan Asset Management, said on CNBC’s “Power Lunch” that he doesn’t think rate cuts will

The Federal Reserve deciding to cut rates can be a great thing for the stock market, or a sign of trouble ahead — depending on the timing. The first rate cut, when the economy isn’t in a recession, leads to a stock market rally 100% of the time, according to data compiled by Fundstrat going

Federal Reserve Chair Jerome Powell said Wednesday he would not resign if President Donald Trump asked him to. Asked by Democratic Rep. Maxine Waters, chair of the House Financial Services Committee, “If you get a call from the president today or tomorrow and he said ‘I’m firing you. Pack up and it’s time to go.’

If you’ve been wanting to own shares in the latest generation of space companies, now is your first chance. Social Capital Hedosophia, the investment vehicle of venture capitalist Chamath Palihapitiya, is merging with Richard Branson’s Virgin Galactic in a deal that will open the space tourism company to public investors later this year. Social Capital

IRVINE, CA – SEPTEMBER 12: The Breakfast Crunchwrap is a staple on Taco Bell’s breakfast menu. (Photo by Joshua Blanchard/Getty Images for Taco Bell) Joshua Blanchard | Getty Images Entertainment | Getty Images A shortage of tortillas at fast food chain Taco Bell is effecting the chain’s menu in some parts of the country and

Silicon Valley venture capitalist Chamath Palihapitiya, an early investor in bitcoin, is still crazy about the cryptocurrency. “It’s the single best hedge against the traditional financial infrastructure,” Palihapitiya said in an interview Tuesday with CNBC’s Squawk Box. “Whether you support the fiscal and monetary policy or not, it doesn’t matter. This is the schmuck insurance

Damien Meyer | AFP | Getty Images Soaring values of technology companies have dominated the market’s bull run, but now they are getting way too expensive as the earnings picture continues to deteriorate, a top tech analyst warned. The tech sector is now trading at 21.4 times forward earnings, the highest level in 15 years,

Apple CEO Tim Cook attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters Here are the biggest calls on Wall Street on Monday: Rosenblatt Securities downgraded Apple to ‘sell’ from ‘neutral’ Rosenblatt said it sees Apple’s fundamentals “deteriorating.” “We believe there is less reward for owning Apple stock after