Investing

It might be time to rethink FANG, according to CNBC’s Jim Cramer. FANG, which stands for Facebook, Amazon, Netflix and Google, was coined by the “Mad Money” host himself to refer to the group of high-performing tech stocks. But given Thursday’s market moves, Cramer thinks WANG – Walmart, Apple, Netflix and Google – might be
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Semiconductor company Nvidia is scheduled to report quarterly earnings after the bell Thursday. And after introducing its eighth-generation graphics chip on Monday, the stock is up more than 32 percent year to date. Josh Brown of Ritholtz Wealth Management, a CNBC “Fast Money Halftime Report” trader, said investors will pay close attention to the chipmaker’s
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Activist investor Jana Partners has jumped back into Facebook after selling all its holdings in the stock, and has increased its holdings in Apple, which it has already pressured about iPhone addiction. Barry Rosenstein’s hedge fund also has taken new stakes in Alibaba, Alphabet, Wells Fargo and Microsoft, according to a regulatory filing Tuesday that
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David Paul Morris | Bloomberg | Getty Images The silhouette of Drew Houston, chief executive officer and co-founder of Dropbox Inc., is seen walking on stage during an event in San Francisco. Dropbox fell as much as 10 percent during Friday’s open after its announcement on Thursday that chief operating officer, Dennis Woodside, will be
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Check out the companies making headlines before the bell: News Corp. – News Corp. reported adjusted quarterly profit of 8 cents per share, two cents above estimates. The Wall Street Journal publisher also saw revenue top forecasts, thanks to growth in real estate listings, book publishing, and subscription video services. Tesla – Tesla’s board of
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Check out the companies making headlines before the bell: Viacom – The media company reported adjusted quarterly profit of $1.18 per share, 11 cents a share above estimates. Revenue was essentially in line with forecasts, but was down about 3.7 percent from a year earlier due to a drop in ad sales and cable fees.
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Computer manufacturer 3D Systems shares skyrocketed Wednesday after the company reported better-than-expected earnings and revenue for the second quarter. Shares soared 32.4 percent at $17.96 per share, the stock’s best day since Feb. 17, 2011. The company reported earnings after the bell Tuesday of 6 cents per share, crushing Thomson Reuters expectations of 1 cent
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Shares of Office Depot jumped 12.9 percent on Tuesday, after the company reported better-than-expected earnings per share and revenue for its second quarter. The Boca Raton, Florida-based retailer reported adjusted earnings of 5 cents a share, beating analysts’ average estimate of 4 cents a share. Office Depot also reported $2.63 billion of revenue for the
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