Investing

The government must collaborate with businesses if it wants to solve some of society’s most pressing problems, Johnson & Johnson Chairman and CEO Alex Gorsky told CNBC on Thursday. “It takes all of us working together,” Gorsky told “Mad Money” host Jim Cramer in a special Veterans Day show at the U.S. Military Academy at
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As the dollar closes in on four-month highs and West Texas Intermediate crude takes a pause, here are some moves I’m watching for Tuesday. 1. The dollar index is poised for further gains after an aggressive downside rejection on Thursday. If the December dollar index can settle above 95.05, I expect significant upside. Remember, the
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After DuPont spun off paint manufacturer Axalta in 2012, the new stock initially spiked before spending a year trading sideways. This year, AkzoNobel expressed interest in buying Axalta, and Axalta’s stock surged. It’s no secret that CNBC’s Jim Cramer loves corporate breakups, but spinoffs, when a company separates from a smaller, undervalued segment, are slightly
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The only major Wall Street strategist with an official price forecast for bitcoin turned “cautious” as the digital currency soared above $7,000 to record highs. We are “cautious short-term on bitcoin,” Fundstrat co-founder Tom Lee said in a Thursday report. He said bitcoin has gained far more than fundamentals warrant right now. Fundstrat’s model for
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Bears are known for hibernating, but its the bulls in the oil market that might as well settle in for a long nap, according to Wells Fargo. The bank expects the current bear market for oil to last another five to 10 years, Wells Fargo Investment Institute analyst Austin Pickle wrote in a new research
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“No. It goes back to the fact that they are very hard to predict,” Holeman says. “So rather than trying to time the market in general, you should stick with your long term strategy.” Think about it this way: The average person lives to about age 85. If you start investing at 25, that means
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Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space. However, Amazon Pay’s VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept cryptocurrency because there hasn’t been much demand yet, and Amazon may simply be
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