Citi’s Christopher Danley told clients in a note that results are expected to be in-line with guidance but he sees downside to 2019 and 2020 estimates “due to the DRAM Crash,” a reference to the drop in price for memory chips. He also said earnings per share are expected to drop in the second half

Ulta Beauty CEO Mary Dillon is showing how retail can work and is “crushing” the competition along the way, CNBC’s Jim Cramer said Tuesday. The cosmetics company reported a great quarter last week, including more than 9 percent same-store sales growth and a 14 percent subscriber growth in its rewards program, he said. Ulta Beauty’s

Bair is a big proponent of changing the student loan system — and she has plan she thinks could solve the problem. There is now $1.5 trillion in outstanding student loan debt in the U.S. The main issue is the way the current loans are structured, she said. For one, it isn’t known what the

Passive investing has now taken over nearly half the stock market as more investors shun stock-pickers and flock to index funds. Market share for passively managed funds has risen to 45 percent, up a full point from June 2018, according to data this week from Bank of America Merrill Lynch. That continues a trend over

Long-time bull Julian Emanuel names one major factor standing in the way of new market highs: Brexit. But according to Emanuel, it’s a temporary roadblock and a resolution is coming. “We really need to see is a little bit more clarity on Brexit, and most importantly, that feed-through to European interest rates,” BTIG’s chief equity

Shares of British Columbia-based Tilray jumped after the bell Monday after it reported that its cannabis sales more than doubled over the last year. The company said fourth-quarter revenues of $15.5 million buoyed 2018 sales to $43.1 million, up 110 percent compared to last year. The surge was driven by bulk sales, the first months

Andrew Harrer | Bloomberg | Getty Images Sheryl Sandberg, chief operating officer of Facebook Inc., left, listens during a Senate Intelligence Committee hearing in Washington, D.C., U.S., on Wednesday, Sept. 5, 2018. Facebook shares had their worst day of the year on Monday, falling nearly 4 percent and extending last week’s losses. The drop came

Ride-hailing platform Lyft said on Monday it would raise as much as $2 billion in an initial public offering. Lyft expects to price 30.8 million shares between $62 and $68 per share, it said in a filing. At the higher end of the range, the company will have a market valuation of $19.64 billion. Lyft

Economic forecaster Lakshman Achuthan is warning investors they could get scorched by one of 2019’s most popular groups. Achuthan believes the semiconductor rally is showing signs of breaking down, and he’s blaming shipment demand. “Collapse comes to mind when you look at global demand for semiconductor chips,” he said Friday on CNBC’s “Trading Nation.” Achuthan,

Lyft’s IPO will mark the first time a ride-hailing company has debuted on the U.S. public markets. Lyft launched in 2012 and is led by its founders, Logan Green and John Zimmer. The ride-hailing industry, which touted $36.5 billion in sales globally in 2017, is expected to grow rapidly in the coming years, but is

Activision Blizzard and Spotify were among the stocks Wall Street analysts recommended to clients as undervalued this week. CNBC combed through company research to find analysts discussing buying opportunities for stocks. Other names cited as possible values include: Newell Brands, Dollar General, Marvell, and Anthem Activision “is down nearly 50% in the past six months

Ali Balikci | Anadolu Agency | Getty Images Uber application logo is seen on a screen in front of taxi board in Ankara, Turkey on August 31, 2018. Uber is reaching for a lofty valuation in its upcoming initial public offering. An expected $120 billion valuation for the ride-hailing company would make it more valuable than

Spotify’s recent acquisition of privately held Gimlet Media and Anchor is the latest example of this investment plan, as Spotify plans to spend up to $500 million in 2019 on podcast production. This move directly positions Spotify against Apple Music who’s the leader in podcast consumption. Additionally, the concept of bundled services is becoming more

David Paul Morris | Bloomberg | Getty Images William ‘Bill’ McGlashan, founder and managing partner of TPG Growth LLC, speaks during a television interview in San Francisco, California. The college admissions scandal that broke earlier this week has put the private equity firm TPG and one of its senior executives in a fight over whether

The electric car has become so popular that it could cost 3 million auto industry jobs in the next three to five years, according to a prominent analyst. Morgan Stanley’s Adam Jonas said in a research note Friday that the auto industry is going to see serious, widespread changes to its labor force. Jonas said

Netflix has rocketed 35 percent higher so far this year, making it one of the best performers in the S&P 500. That rally comes with a big asterisk, though. Much of its gains came in the first two weeks of the year, and since then it has flatlined, rising less than 2 percent since mid-January.

General Electric will be open about its struggles and the goals it expects to achieve in the company’s turnaround plan, CEO Larry Culp told CNBC Thursday. “I think what we’re gonna try to do, frankly, is to share with people in as transparent a way as we possibly can, what those issues are … and

The dollar stores have been one of the best moves an investor can make this era, Cramer said. Dollar General was one of those stories, until the company projected profits will fall short of Wall Street’s expectations this year, he said. The discount retailer announced it needs to spend more money on its stores to

Billionaire hedge fund manager Ken Griffin said Amazon‘s decision to pull out of New York City is “heartbreaking,” and the political climate “dramatically” reduced his interest in moving the headquarters of his financial firm to the city, according to a Bloomberg report. “I’m a bit frustrated by the political winds in the city over the

Aphria Inc.: “The guy who actually I think runs it day to day is Irwin Simon, our old friend from Hain Celestial, and I think that Irwin can pull something off here. I’m not betting against him. I don’t want to.” NovaGold Resources Inc.: “You know, NovaGold—look it’s just really, really speculative. It has not

Innovative companies have been some of the biggest winners when the stock market rises and it’s a theme that established names should take note of, Cramer said. All of the major markets made gains during the session—the Dow Jones Industrial Average added about 148 points, the S&P 500 increased 0.7 percent to top 2,800, the

Dimas Ardian | Bloomberg | Getty Images A Batik Air Boeing Co. 737 Max 8 aircraft, operated by Lion Air, center, sits on the tarmac at Soekarno-Hatta International Airport in Cenkareng, Indonesia, on Tuesday, March 12, 2019. Boeing investors lost $26.6 billion in the first two trading days this week following the deadly crash of

Weibo Corp.: “I’m not a fan. I’m just not a fan, what can I tell you? I just feel like it’s a dice roll. I’m recommending Alibaba, that’s it.” Hannon Armstrong Sustainable Infrastructure Capital Inc.: “I have to do work. I do not know that. It’s a closed fund. I don’t what they’re in, I

The semiconductor sector is turning the corner and showing signs that the global economy could be stronger than previously thought, CNBC’s Jim Cramer said Tuesday. The industry’s attempt to bounce back from its 2018 woes is being propped by Nvidia‘s roughly $6.8 billion cash bid for Israeli chipmaker Mellanox and Bank of America‘s upgrade of

Shares of major cannabis companies rallied Tuesday after New Jersey politicians outlined plans to legalize the adult use of recreational marijuana in the state. Several New Jersey legislators joined Democratic Governor Phil Murphy in announcing Tuesday a bill that would allow adult-use marijuana in the Garden State. The legislation would also allow municipalities that are

Amazon has plans to make another big splash in the grocery industry and Costco may be the only company prepared to defend its market share, CNBC’s Jim Cramer said Monday. The “Mad Money” host recommended that investors can buy shares of both Amazon and Costco, but they should sell their stake in Kroger. Although Amazon

Wall Street could be in line for a string of good trading days as sentiment shifts and analysts get more bullish about stocks, CNBC’s Jim Cramer said Monday. The major indexes caught a spark during the session with the Dow Jones Industrial Average climbing more than 200 points, the Nasdaq adding almost 150 points, and

Shares of Boeing lost roughly 9 percent on Monday after one of its best-selling planes, the Boeing 737 MAX jet, saw its second deadly crash in less than five months, and Wall Street is divided on what’s next for the stock. Here are three experts’ opinions on what’s in store for the aircraft manufacturer: •

Invesco’s Kristina Hooper believes Wall Street’s preoccupation with the global growth slowdown is misguided. But she understands why there’s worry. According to Hooper, significant shifts in central banks’ monetary policies are fanning those fears instead of giving the market confidence. She suggests it’s creating more questions than answers — and that’s a problem. “I don’t

After a remarkable rebound off December lows, the market rally has hit a snag. The S&P 500, Dow and Nasdaq just had their worst week of the year with all three down for a fifth day in a row. That’s the first time all the indices have been down every day of the week since