Investing

After the decline in the FANG stocks on Tuesday, CNBC’s Jim Cramer issued a warning to investors who own the technology-laden group. “I just wanted to get in front of tomorrow’s storyline,” the “Mad Money” host said. “You better believe the obituary’s being written once again right now, this time with the death notice containing
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Bitcoin plunged more than $1,000 in less than an hour Tuesday. The digital currency fell from $17,929 to a low of $16,912 between 3:30 and 4:30 p.m. ET, according to Coinbase, the leading U.S. platform for buying and selling major cryptocurrencies. Bitcoin had traded near $19,800 on Sunday. The slump came just around the close
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It’s beginning to look a lot like Christmas, and FedEx could be about to deliver big profits for investors. The stock has been on a record run this year, tracking for its best annual performance since 2013. The rally could continue thanks to three things that are moving right now, according to Boris Schlossberg, managing
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Fitbit won’t be profitable and will continue to burn through cash next year, Stifel said as it downgraded the company’s stock to a sell rating. The company that once ignited a boom in fitness trackers hasn’t innovated enough to keep consumers interested, Stifel wrote. Plus, it said Fitbit hasn’t unlocked any meaningful business in the
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