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Wall Street is in love with financial technology plays and Facebook is the newest entrant in the space to keep an eye on, CNBC’s Jim Cramer said Tuesday. “Ever since Facebook rolled out the concept of Libra in a really boring white paper, it’s become the big cap stock to beat in this market. On

Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Longtime activist investor and Pershing Square Capital Management chief Bill Ackman‘s win streak showed no signs of stopping halfway through 2019 as returns approached historical levels. The net asset value of Pershing Square Holdings, Ackman’s publicly traded vehicle, rose 45.3% in

A replica ‘Betsy Ross Flag’ is posted on the side of the Betsy Ross House in Philadelphia, Pennsylvania on August 27, 2016. Raymond Boyd | Getty Images Nike is pulling sneakers featuring an early American flag after former NFL football player Colin Kaepernick told the company it shouldn’t sell a shoe that he and others

CNBC’s Jim Cramer said Monday that he would be a buyer of Lululemon shares at current levels. With the stock trading just shy of $180, a “Mad Money” viewer, who bought shares at about $179 before its most recent quarterly report, phoned the host to get his thoughts on the name after some analysts downgraded

Kim Kardashian arrives for the 2018 Met Gala on May 7, 2018, at the Metropolitan Museum of Art in New York. Angela Weiss | AFP | Getty Images Reality TV star Kim Kardashian said she’s going to change the name of her new brand venture after causing an uproar and drawing accusations of cultural appropriation.

Chinese employees working on an energy-saving bulb production line in Suining, Sichuan province, China. STR | AFP | Getty Images China’s manufacturing activity shrank unexpectedly in June, coming in at its weakest level since January, according to a private survey.  The Caixin/Markit factory Purchasing Managers’ Index for June was 49.4. Analysts polled by Reuters had

Avengers Endgame Source: Marvel Studios. Despite a big push from Disney this weekend,  “Avengers: Endgame” remains $26 million shy of the record for highest-grossing film of all time. On Friday Marvel Studios began showing a new theatrical release of the film with a special tribute, a deleted scene and a teaser for “Spider-Man: Far From Home” at the

MoMo Productions | Getty Images When Laika Kayani started to lose her voice late one night last year, she picked up her iPhone and got connected to a doctor through a video-chat service called American Well. Kayani, who works at a health-tech company in San Francisco, used the app because her young son and husband

A Boeing 737 MAX 8 airplane Stephen Brashear | Getty Images Boeing’s 737 Max could stay on the ground until late this year after a new problem emerged with the plane’s in-flight control chip, according to a Boeing official. This latest holdup in the plane’s troubled re-certification process has to do with a chip failure

Source: Marvel On Friday, Disney made one final push to make “Avengers: Endgame” the highest-grossing film of all time. Marvel Studios began showing a new theatrical release of the film with a special tribute, a deleted scene and a teaser for “Spider-Man: Far From Home” at the end of the credits. This additional content is

President Donald Trump threatened to slap tariffs on all Mexican imports at the end of May. He later backed down from the threat after signing a trade deal with the country. But Constellation Brands CEO Bill Newlands said Friday that the brewer of Corona and Modelo would be ready if the tariffs did end up

Beyond Meat surprised the stock market when the company turned out to be the best IPO of 2019. Alternative meat was having a moment. Alternative milk, on the other hand, has been quietly revolutionizing the dairy industry for years. Milk, the kind from cows, was once a staple of the American diet. But now consumers

Investors should put their money in small- to mid-cap biotech stocks as rhetoric about changing the U.S. health-care system ramps up during the Democratic primary debate season, Jefferies analyst Michael Yee said Friday. “The big biotechs have to buy the big and small biotechs, and that’s where most [health-care] investors have been playing,” Yee said

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images It may be happenstance but it also wouldn’t be extraordinary for a company of scientists and rocket engineers, nor the first time Elon Musk pinned a

A Singapore Airlines A380 passenger plane taking off at Changi International Airport in Singapore. Fyrol Mohn | AFP | Getty Images European aerospace giant Airbus is working on technologies that will cut the number of pilots needed in the cockpit, a company executive said on Thursday. “Embedding more and more artificial intelligence into our systems

Former FDA Commissioner Dr. Scott Gottlieb speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC Scott Gottlieb, who stepped down as Food and Drug Administration Commissioner in April, will join Pfizer‘s board of directors, the company announced Thursday. Gottlieb resigned from the agency this spring after

SpaceX launches its Falcon Heavy rocket for the STP-2 mission. SpaceX SpaceX is raising yet another round of funding, a month after completing its second fundraising of the year. The latest round, filed on Monday, seeks to raise $314.2 million at a price of $214 a share, according to a document seen by CNBC. The

U.S. stock index futures were higher Thursday morning, amid hopes the world’s two largest economies could soon reach a truce in their protracted trade war. At around 02:10 a.m. ET, Dow futures rose 66 points, indicating a positive open of more than 72 points. Futures on the S&P and Nasdaq were both seen slightly higher.

Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg on Wednesday said the U.S.’s weak response to the 2016 Russian election interference has resulted in similar activity from more nation states like Iran. “The signal that

Customers exit a Target Corp. store in Colma, California David Paul Morris | Bloomberg | Getty Images Retailers can’t let Amazon have all the fun on Prime Day. Target and eBay so far have announced their own deal strategies following Amazon’s announcement Tuesday — where it said Prime Day will actually run for two days