Jeff Bezos Sarah L. Voisin | The Washington Post | Getty Images Here are the biggest calls on Wall Street on Friday: Deutsche Bank upgraded Pinterest to ‘buy’ from ‘hold’ Deutsche upgraded Pinterest after the company’s earnings report and said it had more “confidence” in its ad business. “We upgrade shares of Pinterest to a
Investing
President Donald J. Trump listens during a meeting on Fentanyl and the opioid epidemic in the Oval Office at the White House on Tuesday, June 25, 2019 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images Uncertainty around what will happen next with the global economy and how governments will respond is
Traders work on the floor at the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters Bank of America is calling for U.S. stocks to hold near current levels through the rest of the year following President Donald Trump‘s move to put new tariffs on Chinese goods, which could further dampen corporate earnings.
A detailed view of the shoe worn by Zion Williamson #1 of the Duke Blue Devils against the North Carolina Tar Heels during their game at Cameron Indoor Stadium on February 20, 2019 in Durham, North Carolina. Streeter Lecka | Getty Images A new set of tariffs on China that particularly targets retailers has Wall
China’s President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. Nicholas Asfouri | AFP | Getty Images Wall Street strategists are preparing for what they call “a major escalation” in the wake of President Donald Trump’s announcement that a
Sand destined for the oil and gas fields piles up at the EOG Resources processing plant in Chippewa Falls, Wisc. Steve Karnowski | AP After shakey earnings for oil producer EOG Resources, the company’s stock is well-positioned to outperform, according to Mizuho Securities. The firm maintained its buy rating and $122 price target on EOG
Bill Murray and Warren Buffett Arnold Jerocki | GC Images | Getty Images; Adam Jeffery | CNBC Two American icons hung out in an Omaha, Nebraska ice cream shop on Thursday afternoon. Billionaire investor Warren Buffett sat down for ice cream with actor and comedian Bill Murray at Ted and Wally’s, a store in Omaha’s
The inside of Walmart’s Intelligent Retail Lab in Levittown, New York, where the retailer is testing a slew of new technology. Source: Walmart Shares of retailers are tanking as they are seen as the biggest target in the new round of China tariffs. President Donald Trump abruptly ratcheted up the trade war with China Thursday,
The surprise tariffs President Donald Trump announced Thursday against $300 billion or so of Chinese goods takes the trade dispute between the two countries to a new level, even though in dollar terms it doesn’t amount to a whole lot. The president’s announcement jolted markets, which had bounced back sharply off Wednesday’s disappointing Fed rate
Michael Novogratz Anjali Sundaram | CNBC Bitcoin bull Michael Novogratz is seeing the same rush of enthusiasm toward Beyond Meat that came at the height of the crypto bubble. The former Fortress hedge fund manager said while big ideas — like new alternatives to animal meat and money — capture people’s attention, they can also