Month: April 2019

Technology investor Paul Meeks is putting the brakes on his bullish forecast. Meeks sees investors getting burned by tech stocks, saying the rally has gone too far, too fast. “My issue is not fundamentals,” he said Monday on CNBC’s “Trading Nation ” segment. “It’s more about stretched valuations.” The tech-heavy Nasdaq has surged more than
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The “Fast Money ” traders shared their first moves for the market open. Tim Seymour was a buyer of Alphabet. Brian Kelly was a seller of Cisco. Steve Grasso was a buyer of 3M. Guy Adami was a buyer of Target.  Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA, ACB, APC, APH, BA,
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Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
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More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates
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Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Restaurant Brands International on Monday reported quarterly earnings that fell short of analysts’ expectations. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 55 cents,
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Ford delivered stronger-than-expected first-quarter earnings as demand for its popular pickups and SUVs in North America helped boost losses in China and South America. Ford’s stock jumped by more than 8% in extended trading Thursday. Here’s how the company did compared with what Wall Street expected, based on average estimates compiled by Refinitiv: Adjusted earnings
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British drugmaker AstraZeneca on Friday reported first-quarter product sales and earnings ahead of analysts’ expectations, benefiting from its aggressive push into cancer drugs and a focus on emerging markets, including China. The company had in February reported annual sales growth for the first time since 2009, turning around its business after a series of patent
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Karen Gillan in “Avengers: Endgame” Source: Null Only days ago, it seemed impossible that “Avengers: Endgame” could haul in even close to $300 million domestically during its opening weekend. Now, it seems inevitable. By Saturday, analysts had revised their estimates to suggest the film could track closer to $400 million in its debut. The film,
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American Airlines reported its first quarter earnings Friday before the market open as the industry copes with the ongoing grounding of Boeing’s 737 Max jets. American Airlines shares fell more than 3% before the market’s open. Here’s what the airline reported, versus average analysts estimates compiled by Refinitiv: Adjusted earnings: 52 cents vs 51 cents
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