Investing

Crude oil has snapped its best weekly win streak in four years. The commodity has plummeted 5% since Monday, its first negative week in eight. Losses accelerated on Friday after President Trump said he called on the Organization of Petroleum Exporting Countries to act to bring global oil prices lower. Bill Baruch, president of Blue

Tiger Woods of the United States celebrates after sinking his putt on the 18th green to win during the final round of the Masters at Augusta National Golf Club on April 14, 2019 in Augusta, Georgia. Andrew Redington | Getty Images I was rooting for Tiger Woods to win the Masters this month. And I

Lockheed Martin delivered the best conference call to its shareholders out of the defense sector, CNBC’s Jim Cramer said Friday. The largest military contractor in the world, the Bethesda, Maryland-based manufacturer trounced analyst expectations on earnings per share, $5.99 versus $4.34, and revenue, $14.3 billion versus $12.6 billion. Raytheon, a major contractor for the U.S.,

Money is still moving into the stock market — and it looks like the trend is here to stay for a while, Wharton School finance professor Jeremy Siegel told CNBC on Friday. The S&P 500 and the Nasdaq closed at record highs on Friday after better-than-expected economic growth offset a mixed batch of corporate earnings.

National Economic Council Director Larry Kudlow said Friday the strength of the U.S. economy gives it the upper hand over China as the two countries try to iron out a trade deal. “China’s economy is slumping and has been for quite some time. The U.S. economy, as I say, is in this prosperity cycle with

The stock market is being flooded with new initial public offerings and many of the best performers in the 2019 class aren’t worth chasing at current levels, CNBC’s Jim Cramer said Thursday. “Given the big jumps in stocks like Zoom and Pinterest, and those weak numbers and forecast from Intel tonight, I’m starting to worry

Starbucks is reporting its second-quarter results after the bell Thursday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings per share: 56 cents expected Revenue: $6.32 billion expected Same-store sales: 2.90% expected The Seattle-based company recently revamped its loyalty program, offering a wider range of redemption options for members.

Tesla‘s first-quarter loss was “catastrophic” and the electric auto maker’s board should hold CEO Elon Musk responsible, management expert Jeffrey Sonnenfeld told CNBC on Thursday. “When is the board going to wake up?” asked Sonnenfeld, a senior associate dean at the Yale School of Management. “You know what they are? They do understand cruise control

CNBC’s Jim Cramer on Wednesday said too many Wall Street watchers assumed that businesses’ first quarter earnings results would be horrid and now the stock market is rallying on companies besting expectations. Analysts based their 2019 predictions on the Federal Reserve-induced fourth-quarter sell-off and prolonged U.S.-China trade war, but never revised their outlooks as the

Tesla is expected to report first-quarter earnings after the markets close Wednesday in the company’s first report after losing a valuable tax credit for its buyers on Jan. 1. Here’s what analysts are expecting, based on average estimates compiles by Refinitiv: Loss per share: 69 cents Revenue: $5.19 billion The company previously warned that first-quarter

Apple seems to be bucking the bears. The stock has been trading well above Wall Street’s average price target of $195, settling at $207 on Tuesday after gaining more than 1%. Still, Wall Street analysts are the most bearish they have been on the stock in years, with 16 buy ratings, 14 hold ratings and

Investors should believe the top brass of a company with a good, long-term track record when its management says it can turn things around, CNBC’s Jim Cramer said Tuesday. PepsiCo, which has doubled its dividend in the past decade, is one of those names to put faith behind even when analysts are against the odds,

President Donald Trump could be facing a “cruel summer” when it comes to crude oil prices, says RBC’s Helima Croft. Oil prices surged to nearly six-month highs after the Trump administration said Monday that it would end a waiver program that allowed certain countries to purchase oil from Iran. The move, ostensibly aimed at driving

The first round of Lyft analyst notes is bullish on the newly public ride-hailing company as brokerages across Wall Street clamor to recommend what one described as “the future of human transportation.” Though each analyst presented a unique interpretation of Lyft’s business, most emphasized a large, global marketplace, a short list of competitors and a

Things are heating up in the energy market. The Trump administration announced Monday that it would end exemptions to its sanctions on Iran, a move meant to significantly curb Iran’s oil output. Crude prices surged after the announcement, with the U.S. benchmark, West Texas Intermediate crude, gaining nearly 3 percent. Here’s what experts say higher

Health-care stocks fell sharply last week, notching their worst weekly performance of the year, but a rebound may be at hand. The S&P 500 health-care sector fell 4.4% last week, its worst weekly decline since late December. The move ended with more than 93% of health-care stocks trading below their 20-day moving averages, a short-term

President Donald Trump’s landmark 2017 tax legislation will benefit rich households in Republican states more than rich households in Democrat states, a new research paper says. The richest 10% of households in red states are forecast to see a 2% increase in remaining lifetime spending as a result of the president’s Tax Cut and Jobs

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] There’s a new kid in the Cannabis space – YOLO. The ETF, which launched last week, is just the second U.S. listed marijuana exchange traded fund. Dave Nadig of ETF.com

Exchange-traded funds are getting a revamp at Goldman Sachs. The big bank has doubled down on a concept called smart beta, which blends passive and active investing strategies to build portfolios based on non-traditional metrics. At Goldman, the strategy is branded as ActiveBeta and revolves around four factors: value, quality, momentum and low volatility. “We

Although former Yankee first baseman Mark Teixeira earned a fortune on the baseball diamond, he’s always preached the value of living on a budget. “There’s many jobs out there that you can do forever. … Baseball’s not one of them,” the Major League All-Star said. Originally drafted in 2001 by the Texas Rangers, Teixeira later