A trader blows bubble gum during the opening bell at the New York Stock Exchange (NYSE) on August 1, 2019, in New York City. Johannes Eisele | AFP | Getty Images As the S&P 500 has broken out of its trading range into record highs, euphoria has been growing — fast. Technicians like Stephen Suttmeier
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Uber CEO Dara Khosrowshahi arrives at the New York Stock Exchange as his company makes its initial public offering, Friday, May 10, 2019. Richard Drew | AP Uber’s stock is trading well below the price it debuted at earlier this year but Barclays made the case for how the ridesharing company will soon turn its
Google employees at the tech giant’s headquarters in Mountain View, California, walk off the job to protest the company’s handling of sexual misconduct claims. Mason Trinca | Getty Images News | Getty Images When it comes to investing, the notion that you can make money in the market and feel good about your investments at
Nick Schommer, Janus Henderson Source: Janus Henderson (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Being a contrarian can make someone seem like a genius or idiotic. For Nick Schommer, it has been the former this year. Schommer manages the Janus
A trader works next to a Grubhub Inc. paper bag on the floor of the New York Stock Exchange (NYSE) in New York. Jin Lee | Bloomberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are some
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The addictive nature of video games, designed to keep players in the game for as long as possible, may make investors happy, but some are now warning that a regulatory crackdown could
Steve Mollenkopf, CEO of Qualcomm. Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Mizuho upgraded Qualcomm to ‘buy’ from ‘neutral’ Mizuho said the semiconductor and telecommunications equipment company was positioned well on 5G going in to 2020 and beyond. “We have been positive on QCOM‘s 5G outlook in 2020
An assembly line worker works on the production line at Midwest Automotive Designs in Bristol, Indiana, April 16, 2019. Tim Aeppel | Reuters The U.S. economy will barely grow at all in the fourth quarter, if two Federal Reserve gauges that track gross domestic product are correct. With some recent data coming in below expectations,
Traders work on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images The Securities and Exchange Commission is moving closer to approve a new flavor of exchange-traded funds that allow stock pickers to keep their holdings secret. Asset managers T. Rowe Price, Natixis, Fidelity and Blue Tractor have won
A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Free trading is paying off for brokerage firm Charles Schwab. In the same month the firm dropped trading commissions, Schwab added 142,000 new brokerage accounts, 31% more than the number of new