Investment strategy
- Market
Morgan Stanley raises GE target to $17, a high among Wall Street banks
Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on…
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Heavily shorted Tanger Outlet stock pops 20% in sudden move
Tanger Outlets in National Harbor, Md. Mark Gail | For The Washington Post | Getty Images Shares of Tanger Factory…
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Exxon CEO Darren Woods promises investors a strong dividend despite 2020 losses
Exxon CEO Darren Woods emphasized the oil giant’s commitment to its dividend after the company lost more than $20 billion…
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‘Buzz’ ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via…
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ESG investments surged in Asia-Pacific in 2020 as sustainable investing takes off, MSCI survey finds
Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in…
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Cramer says post-Covid travel boom could be ‘sky’s-the-limit’ and investors aren’t ready for it
CNBC’s Jim Cramer said Wednesday he anticipates a ferocious travel recovery from the Covid pandemic, a development that would have…
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Shares of Rocket Companies are dropping after a 70% irrational pop in the heavily shorted name
A Reddit logo seen displayed on a smartphone with stock market prices in the background. Omar Marques | LightRocket |…
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Economists see first signs in data that vaccine is working
Economists following the high-frequency data on virus infections are seeing initial signs that the vaccine is having positive effects on…
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Shares of Rocket Companies, a large short target of hedge funds, jump more than 20%
Shares of Rocket Companies rallied more than 20% Tuesday in a surprising move on no apparent new news. The online…
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Investor Michael Farr: Inflation worries are rising, but there may be a happily ever after for markets in sight
Yellow Dog Prod. | Image Bank | Getty Images After a wild final week of a volatile month, it’s becoming…
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New York attorney general warns cryptocurrency industry: ‘Play by the rules or we will shut you down’
A visual representation of digital currencies. Yuriko Nakao | Getty Images New York Attorney General Letitia James sent a blistering…
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‘There is no alternative’ — Stocks’ long-running ‘TINA’ advantage could be ending, worrying traders
The New York Stock Exchange (NYSE) stands in the Financial District in Manhattan on January 28, 2021 in New York…
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An activist with value approach takes the next step to turn around a food and beverage manufacturer
A sign outside of a facility occupied by TreeHouse Foods in Brantford, Ontario, Canada. Kristoffer Tripplaar | SIPA USA |…
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Art Cashin expects more stock pain as traders worry about Fed losing control of bond market
Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility…
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Robinhood is still on track for a hot IPO despite the GameStop uproar
Omar Marques | LightRocket | Getty Images Robinhood’s user growth, brand recognition and valuation appear to be stronger than ever…
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Cramer warns the GameStop surge has everybody unrealistically looking for stocks about to triple
CNBC’s Jim Cramer on Thursday questioned “are prices real” on Wall Street anymore, as he exasperatingly tried to explain GameStop‘s…
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Data firm that monitors Reddit says it saw GameStop mentions spiking days ago
Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen,…
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Robinhood offers blistering retort to ‘elitist’ criticisms from Munger
Robinhood fired back at Berkshire Hathaway Vice Chairman Charlie Munger, who earlier this week said the free trading app was…
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Stocks just got some new competition from bonds as 10-year rate tops dividend yield
Bonds have been shunned by many investors as rock bottom rates made them unattractive relative to equities. On Thursday, the…
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Carlyle’s Rubenstein says biggest economic risk is high unemployment, not stock market speculation
David M. Rubenstein, Co-Founder & Co-Executive Chairman, The Carlyle Group. David A. Grogan | CNBC Carlyle Group co-founder David Rubenstein told CNBC…
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Coinbase files for direct listing after revenue more than doubles in 2020
Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch Cryptocurrency…
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GameStop shares surge in premarket as Reddit favorites rally again
Jakub Porzycki/NurPhoto via Getty Images Shares of GameStop climbed more than 70% in premarket trade on Thursday as heavily-shorted stocks…
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Gary Vaynerchuk says GameStop frenzy was just the beginning of investing in the digital age
CEO & Co-Founder Vaynermedia Gary Vaynerchuk speaks at the Brand U Event at Nasdaq MarketSite. Roy Rochlin | Getty Images…
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Here’s what to expect from Thursday’s GameStop hearing with Robinhood, Citadel and Reddit CEOs
The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at…
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Bill Gates likens GameStop frenzy to gambling, says such speculation has no societal purpose
Bill Gates told CNBC the Reddit-fueled trading mania in GameStop and other stocks was reminiscent of betting at a casino…
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Warren presses Citadel CEO Griffin about relationship with Robinhood, payment for order flow
Sen. Elizabeth Warren, D-Mass. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren is pressuring Citadel CEO…
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GameStop shares soar more than 100% amid executive shuffle
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more…
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Robinhood-GameStop hearing will scrutinize how brokerages get paid for trades
With attention focused on Robinhood, GameStop and retail traders at Thursday’s congressional hearings, trading volumes are very much in focus,…
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Wall Street clearing firm proposes 1-day trade settlement after Robinhood controversy
Pavlo Gonchar | LightRocket | Getty Images The firm that provides clearing and settlement services for brokers proposed shortening the…
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MicroStrategy buys more than $1 billion worth of bitcoin, adding to massive holdings
MicroStrategy announced Wednesday it bought just over $1 billion worth of additional bitcoin, just days after finalizing another sale of…
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Yellen says investors should be very careful with some sectors, calls bitcoin ‘highly speculative’
Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in…
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Citadel’s Ken Griffin defends controversial Wall Street practice, says firm would adapt if it were outlawed
During Thursday’s GameStop hearing, Citadel Securities’ Ken Griffin defended a controversial method brokerages use to make money, and said his…
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Citadel billionaire Ken Griffin defends Melvin stake against ‘an insane conspiracy theory’
Ken Griffin, the billionaire CEO of hedge fund Citadel, defended his $2 billion investment in short seller Gabe Plotkin’s Melvin…
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Cathie Wood’s funds take big hits as Tesla and the tech trade show signs of unwinding
Cathy Wood Crystal Mercedes | CNBC Some called it the “Cathie Wood sell-off.” At the open Tuesday, the top names…
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Ex-TD Ameritrade CEO says it’s never been easier for retail investors to compete with Wall Street pros
Former TD Ameritrade CEO Fred Tomczyk told CNBC on Friday he believes retail stock market investors have never had it…
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‘Flat out false’ — Ken Griffin says Citadel doesn’t use personal information from retail investors
Citadel CEO Ken Griffin dismissed as “flat out false” the accusation that his firm improperly uses information it garners from…
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How Carl Icahn could create value with this health company, which has many valuable businesses
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC…
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Hedge funds that hunkered down after GameStop are now missing out on market gains
Pavlo Gonchar | LightRocket | Getty Images Hedge funds are still licking their wounds after a retail trading frenzy forced…
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‘This is not inflation’: Economist says expectations are unanchored from reality
Traders on the floor of the New York Stock Exchange Source: The New York Stock Exchange Inflation expectations are detaching…
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JPMorgan invests in private stock trading venue with Palantir link amid demand for pre-IPO shares
Zanbato Mountain View Office Source: Zanbato JPMorgan Chase is taking a stake in a private stock trading platform with links…
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Top Wall Street analysts say buy stocks like Denny’s and Cloudflare as economy reopens
After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking…
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