Streaming giant Netflix raising its subscription prices means good things for other large companies that offer subscription services, CNBC’s Jim Cramer said Tuesday. “Netflix serves as a powerful reminder that the subscriber business model is incredibly strong here,” the “Mad Money” host said. “A recurring service revenue stream is very, very lucrative.” Better yet, Wall […]
Many stocks are trading down Tuesday as if an economic recession is on the horizon even though one is not, according to CNBC’s Jim Cramer. Stocks were up and down early Tuesday. Shares of Dow component J.P. Morgan Chase and Wells Fargo were under pressure, though well off their premarket lows, after releasing quarterly results […]
Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETF and 4 percent advance on the S&P 500. Ari Wald, head of […]
One of the best stock pickers on Wall Street isn’t even human. The AI powered equity ETF, or AIEQ, has already doubled the gain of the S&P 500 so far this year. Powered by IBM’s artificial intelligence Watson, this actively managed portfolio is the first of its kind, said Sam Masucci, founder and CEO of […]
A pick-up in spending ahead of several elections in Asia this year will boost the consumer sector even though the region is bracing for slowing growth, an analyst told CNBC’s “Street Signs” on Tuesday. “We do like the theme of populist spending pre-elections,” said Corrine Png, regional equities research head at AIA Investment Management — […]
European markets closed lower on Monday after a shock contraction in Chinese exports heightened fears of a slowdown in global growth. The pan-European Stoxx 600 was down 0.6 percent at the end of the session, with all major bourses in negative territory. Almost all sectors were also trading in the red. Europe’s technology stocks were […]
Check out the companies making headlines after the bell: Dave & Buster’s’ stock popped more than 6 percent in after-hours trading after the company released an updated outlook for fiscal year 2018. The company said it expects fiscal-year revenue to range between $1.259 billion and $1.263 billion, up from a range of $1.243 billion and […]
Bank of America-Merrill Lynch sees evidence the stock market’s bullish activity has near-term staying power. And, it’s using a currency chart to illustrate its case. Paul Ciana, the firm’s chief global technical strategist, highlighted the dollar versus the Chinese yuan on CNBC’s ”“Futures Now ” to show the strength of “risk on” (or high-yielding, risk-sensitive) assets. His big […]
The market managed to eke out gains for the second week in a row. Both the S&P 500 (^GSPC) and Dow (^DJI) were more than 2% higher, while the tech-heavy Nasdaq (^IXIC) rose more than 3% to cap off the week. Earnings season is back. Investors can expect a busy week of big bank earnings […]
It is impossible to say how increased use of cryptos will influence the price. The rocket ride that cryptos experienced in 2017 wasn’t backed by a massive increase in usage, but now it looks like crypto adoption is on a steady climb higher. According to a recent report from statistics aggregator Coin ATM Radar, the […]
After calling a bear market in December, “bond king” Jeffrey Gundlach has criticized US debt levels. Despite last week’s stock market gains, he’s reiterated his bearish stance. Jeffrey Gundlach, Jim Cramer Spar over Stock Market’s Future The investor and former head of the $9.3 billion TCW Bond Fund has a reputation for being right. His […]
Active money managers have gotten their fair share of bad press in recent years, and for a good reason. Swaths of actively managed equity funds fail to outperform their benchmarks over five, 10, and 15-year times frames, according to S&P Dow Jones Indices. But according to new research published by Klakow Akepanidtaworn of the Booth […]
