The booster of SpaceX’s Falcon 9 rocket lands on the company’s barge after launching the Spaceflight SSO-A mission. SpaceX Elon Musk’s SpaceX, in a previously secret lawsuit revealed on Wednesday, challenged the Air Force awarding $2.3 billion in rocket development contracts last year to competitors Blue Origin, Northrop Grumman and United Launch Alliance, which is a

A man walking past a Huawei P20 smartphone advertisement is reflected in a glass door in front of a Huawei logo, at a shopping mall in Shanghai, China December 6, 2018.  Aly Song | Reuters The ban on chipmakers selling to Huawei is having ramifications felt far and wide. Even as the U.S. government decided

Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, on Thursday, April 4, 2019. Natan Dvir | Bloomberg | Getty Images Morgan Stanley caused a stir on Tuesday when star auto analyst Adam Jonas put out a “bear case” scenario that envisioned Tesla‘s shares plummeting to just $10. And

Deutsche Bank is standing by its call for a 30% return on the S&P 500 this year, despite increasing global fears over the escalating U.S.-China trade dispute. Binky Chadha — head of asset allocation and chief equity strategist at the firm — told CNBC on Tuesday he is keeping the S&P target at 3,250, which

Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Stock picking is making a comeback as active investors are on pace for one of their best years in a

Boeing Co. 737 Max planes are seen at the company’s manufacturing facility in Renton, Washington, U.S., on Tuesday, Mar. 12, 2019. David Ryder | Bloomberg | Getty Images Jefferies expects Boeing to launch a new plane later than its analysts anticipated as the company grapples with an ongoing crisis related to its 737 Max plane.

Saudi Energy Minister Khalid al-Falih and Russian Energy Minister Alexander Novak attend a news conference at the Ritz-Carlton hotel in Riyadh, Saudi Arabia February 14, 2018. REUTERS | Faisal Al Nasser | File Photo Major oil-producing nations are leaning toward keeping a lid on production throughout 2019, defying President Donald Trump‘s calls to open the

CNBC’s Jim Cramer on Monday issued a warning to investors holding computer chipmaker stocks as the White House continues to crack down on business with Chinese telecom giant Huawei. “If you own these stocks, please recognize the risk,” Cramer said on “Squawk on the Street. “ The VanEck Vectors Semiconductor ETF — which tracks the

Shoppers browse the aisles during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP Morgan Stanley upgraded Target on Monday, saying it sees improving margins and a more, “balanced,” risk/reward for the retail giant. They called Target a retail “survivor,” comparing it to Walmart, Amazon,

Chinese 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. Fred Dufour | AFP | Getty Images On Friday, we had positive news on trade related to delaying tariffs on European auto imports and eliminating steel and aluminum tariffs

Michael Roman, CEO, 3M Scott Mlyn | CNBC Shares of industrial products maker 3M have been hit hard since the company’s disappointing first-quarter earnings report in April, and J.P. Morgan warned investors on Friday that there is more pain to come. J.P. Morgan analyst Stephen Tusa said in a note that 3M’s “premium valuation is

Pershing Square Capital Management CEO Bill Ackman speaks during an event in New York. Jin Lee | Bloomberg | Getty Images Things are looking pretty good for activist investor Bill Ackman. The net asset value of Pershing Square Holdings, Ackman’s publicly traded vehicle, rose 36.9% in the first quarter of 2019 and remains up more

Tesla is swerving lower again Friday. Its stock is falling and now down 8% this week after a third fatal crash involving its autopilot function embroiled the electric carmaker in bad press. Those losses added to a 34% slump in 2019, putting it on track to post its worst annual drop ever. Wall Street is

Bill Marvin and Chris Seib (CTO and co-founder) action shot Meagan Ebersole | JP Morgan Chase J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed

Pedestrians walk past the New York Stock Exchange before the closing bell in New York. Bryan R. Smith | AFP | Getty Images A new kind of exchange-traded fund is expected to grant active money managers a way to offer their strategies without divulging their stock picks and methods, a key hang-up that’s kept them

Kevin Plank, CEO, Under Armour Here are the biggest calls on Wall Street on Friday: J.P. Morgan upgraded Under Armour to ‘overweight’ from ‘neutral’ J.P. Morgan upgraded the stock after positive meetings with management. “We hosted HQ meetings in Baltimore with CEO Kevin Plank, COO/President Patrik Frisk, CFO David Bergman and Chief Digital Officer Paul

Ben Silbermann, co-founder and chief executive officer of Pinterest Inc. Tomohiro Ohsumi | Bloomberg | Getty Images Wall Street analysts are sticking with Pinterest despite its rocky first earnings report. The social media platform on Thursday afternoon posted a much bigger loss than many expected. Most analysts feel the social media company, which went public

Two of Cisco Systems’ top executives told CNBC that additional U.S. tariffs on Chinese imports would not just harm the San Jose, California-based network equipment maker but American industries as a whole. “If it goes to all China imports it’s not only going to impact us, but it’s going to impact every industry,” Cisco CFO

A man walking past a Huawei P20 smartphone advertisement is reflected in a glass door in front of a Huawei logo, at a shopping mall in Shanghai, China December 6, 2018.  Aly Song | Reuters Chip stocks have been struggling of late as trade tensions between China and the U.S. increase. The Trump administration’s latest

David Paul Morris | Bloomberg | Getty Images The ramifications of the U.S.-China trade war are being felt far and wide. Now, the dispute is causing Wall Street analysts to take drastic measures and remove their buy ratings on stocks in their coverage universes. Companies feeling the heat cover a wide range of sectors and

President Donald Trump speaks at the 38th Annual National Peace Officers Memorial Service on Capitol Hill in Washington, May 15, 2019. Carlos Barria | Reuters When it comes to his position on the U.S.-China trade dispute, President Donald Trump is still playing the role of a riverboat gambler on a hot streak. Nearly a year

Alternate crop.) Zion Williamson #1 of the Duke Blue Devils dunks the ball against the Syracuse Orange during their game in the quarterfinal round of the 2019 Men’s ACC Basketball Tournament at Spectrum Center on March 14, 2019 in Charlotte, North Carolina. ( Streeter Lecka | Getty Images Shares of MSG Networks fell more than

CNBC’s Jim Cramer on Friday said Occidental Petroleum‘s borrowed an “ill-advised” $10 billion from Warren Buffett to further a bidding war with Chevron for Anadarko. To raise enough capital, Occidental now has a loan from Berkshire Hathaway with an 8% interest rate, which is worth as much as $20 billion, he said. That could be

Apple rallied nearly 5% on Wednesday, but CNBC’s Jim Cramer said there could soon be even more upside. “That’s why I always say own it, don’t trade it,” the “Mad Money” host said. “With this quarter, we got yet another reason to stick with Apple, and even after today’s terrific run, I think it will

Mike Kemp | Tetra images | Getty Images This May, CNBC + Acorns Invest in You: Ready. Set. Grow. is focusing on the basic principles of investing. Risk is at the basis of many of our investment-making decisions. It affects not only how we approach investing but also how we save for retirement. Because risk

Prologis Inc.: “You’re buying Prologis at the all-time high here. Let’s just stay away. Let this come in for a little. I think rates could go a little bit higher.” Walgreens Boots Alliance Inc.: “I don’t like that stock. I think that the company has kind of lost its way. They have to make some

TRI Pointe Group CEO Douglas Bauer on Tuesday told CNBC he saw a “momentum shift” in the first quarter of 2019. “The consumer is definitely more engaged,” he said in a one-on-one interview with “Mad Money’s” Jim Cramer. An amalgamation of local housing companies, TRI Pointe has surged more than 19% this year along with

Check out the companies making headlines midday Tuesday: Alphabet — Shares of Alphabet tanked more than 8%, on track for its worst day since Dec. 1, 2008, after the Google parent posted weaker-than-expected quarterly results. The company posted revenue of $36.34 billion in the first quarter, versus $37.33 billion expected per Refinitiv. The revenue was

More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates

3M has adopted a more aggressive playbook to mitigate the challenges it faced during the first three months of 2019, CEO Michael Roman told CNBC on Monday. “We were behind the curve in what we were doing to take costs down in Q1,” he said in a one-on-one interview with “Mad Money’s” Jim Cramer. “The