Investing

Jeffrey Ubben Source: BusinessWire Company: Enviva Partners LP (EVA) Business: Enviva is a supplier of utility-grade wood pellets to power generators. The company procures wood fiber and processes it into utility-grade wood pellets and loads the finished wood pellets into railcars, trucks and barges that are transported to deep-water marine terminals, where they are received, stored

A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images Traders baffled by the unprecedented market whipsaw are scrambling to buy protection against more rough sledding ahead.

CNBC’s Jim Cramer said Thursday that the stock market’s recent rip higher was not reflective of actual conditions in the U.S. during the coronavirus pandemic.  “There’s just been a happiness trade that has been out of sync with everything, whether it be hot spots in Arizona, or whether it be unemployment, or whether it be

A man looks at an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on May 26, 2020. KAZUHIRO NOGI | AFP via Getty Images After reaping profits during the market’s rebound, some Robinhood traders are getting squeezed as the Dow violently reverses its winning ways with a 1,600-point plunge. The

Sandy Weill, former CEO of Citigroup. Adam Jeffery | CNBC Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were “really very good buys.” Bank stocks have been hammered this week, giving back recent gains tied to the reopening

CNBC’s Jim Cramer said Friday that professionals on Wall Street are taking advantage of amateur investors by bidding up beat-up but popular stocks like airlines in premarket trading.  “It’s a game. If it weren’t securities, let’s say it was monopoly, let’s say it’s Draft Kings … it would be so much fun,” Cramer said on “Squawk

Dan Gilbert, CEO, Quicken Loans Anjali Sundaram | CNBC Quicken Loans, the largest mortgage lender in America, is planning an initial public offering, according to people familiar with the matter.  The company, founded and owned by Detroit-billionaire Dan Gilbert, has filed its IPO prospectus confidentially, the people said, and may flip it to be public

There’s a powerful psychological process going on in the mind of my demographic cohorts right now.  We are fighting between fear and opportunity. We are afraid of getting sick or losing loved ones to Covid-19. We are worried about our young children’s future as we live in a nation so divided.  But we also feel

Mohamed El-Erian, who in early March correctly called a coronavirus-driven bear market, told CNBC on Monday he’s reluctant to buy the latest stock rally. “For me personally, it’s an uncomfortable bet to continue to bet on a huge recovery,” the chief economic advisor at Allianz said on “Squawk Box.” “I don’t like doing this. But

Jeff Bezos, founder and CEO of Amazon, smiles as he speaks during the Economic Club of Washington’s Milestone Celebration event in Washington, DC, on September 13, 2018. Saul Loeb | AFP | Getty Images Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs, CNBC has learned exclusively. Small