Investing

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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments