Investing

Earnings season so far is “horrible,” and the one-day decline in shares of companies reporting is tracking as the worst since 2011, according to Bespoke Investment Group. “Ever since mid-September, we’ve been seeing a trend of companies reporting earnings [and] have been declining in reaction to their news,” Bespoke co-founder Paul Hickey said Tuesday in
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The troubling signs in the stock market — rallies in recession-era favorites like utilities and retailers and breakdowns in economically sensitive stocks tied to construction and housing — are all but lost on the Federal Reserve, Jim Cramer argued Monday. “When I scrutinize the charts of, say, Weyerhaeuser, Vulcan Materials, Martin Marietta Materials, U.S. Concrete,
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Middle East Monitor | Reuters Saudi dissident Jamal Khashoggi speaks at an event hosted by Middle East Monitor in London Britain, September 29, 2018. Picture taken September 29, 2018. Treasury Secretary Steven Mnuchin met Monday with Saudi Arabia’s crown prince, Mohammed bin Salman, despite the ongoing outrage over the killing of journalist Jamal Khashoggi in
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Betterment, another robo-advisor, is using artificial intelligence in a limited capacity to back-office tasks such as check processing. The company does not use the technology to generate financial advice or manage portfolios, said Dan Egan, director of behavioral finance and investing at Betterment. “Generally speaking, machine intelligence is kind of like an autistic savant, in
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The Federal Reserve isn’t paying enough attention to the jobs being wiped out by technological innovation, CNBC’s Jim Cramer said Friday. “Right at the moment when Silicon Valley is laying waste to white-collar jobs and many factory positions — that’s why companies love the cloud, it lets them fire people — the Fed is obsessed
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Amarin Corp.: “We’re going to take out our cost basis tomorrow, even though that heart drug is pretty good. Tomorrow, you take out the cost basis and you can’t lose. As a matter of fact, I would take out double my cost basis because that stock’s in the $20s now. So that’s how we’re going
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Jonathan Alcorn | Bloomberg | Getty Images David Solomon, Goldman Sachs Goldman Sachs CEO David Solomon said Thursday that he believes part of October’s steep stock sell-off was the result of programmatic trading. “There’s no question when you look at last week, some of the selling is the result of programmatic selling because as volatility
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CNBC’s Jim Cramer argued on Wednesday that “mixed” economic data, coupled with more hawkish rhetoric from the Federal Reserve, were to blame for the stock market’s volatile trading session. “Remember what’s at stake here. We are now in the midst of earnings season, where we can piece together a mosaic of what’s really going on
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The year-over-year increase in subscribers is “the key to sustaining valuation,” Barclays said in the note to clients Wednesday. Netflix crushed Wall Street’s expectation for subscriber growth when the company reported third-quarter earningsafter the bell on Tuesday. “Given the miss last quarter, there was understandable worry going into earnings especially around” how many subscribers Netflix
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As better-than-expected earnings results drove the Dow Jones Industrial Average more than 500 points higher on Tuesday, paring last week’s losses, CNBC’s Jim Cramer became cautiously optimistic about the fate of the rally. “When the Fed bears are away, the stock bulls will play,” the “Mad Money” host said. “As long as the Fed doesn’t
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