CNBC News

There’s no denying that Amazon‘s retail business had an impressive 2017 and there’s still plenty of room for the company to grow in certain categories this year. The internet giant was responsible for about 44 percent of all U.S. e-commerce sales last year, or about 4 percent of the country’s […]

Emerging markets soared more than 33 percent in 2017, and Todd Gordon of TradingAnalysis.com says the rally won’t stop. A big part of the rally in emerging markets, tracked by the emerging market ETF EEM, was a weak dollar. And given that Gordon still sees the inverse relationship between EEM […]

Japan‘s bitcoin craze could help the country’s economic growth, research analysts at Nomura Instinet said. “We estimate the wealth effect from unrealized gains on Bitcoin trading by Japanese investors since the start of [2017], and estimate a potential boost to consumer spending of ¥23.2 billion to ¥96.0 billion” ($206.7 million […]

The head of a small biotech company-turned-crypto has made hundreds of thousands of dollars in stock sales already. John O’Rourke, president, CEO and chairman of Riot Blockchain, disclosed in a Friday filing with the U.S. Securities and Exchange Commission that he sold 30,383 shares at a weighted average price of […]

This year could prove to be another big year for biotech stocks after an impressive run in 2017. The SPDR S&P Biotech exchange-traded fund (XBI), was among the best-performing U.S.-listed ETFs last year, with a 43 percent annual gain. The only ETF that outperformed it was the iShares U.S. Home […]

Founders Fund, run by Peter Thiel, a PayPal co-founder and early Facebook investor, has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Bitcoin rose more than 11 percent to trade near $14,711, according to Coinbase, amid the report. The venture […]

Stocks could pop nearly 20 percent in 2018 according to a contrarian indicator from Bank of America Merrill Lynch which predicted last year’s surprising surge. The investment bank’s so-called Sell Side Indicator measures the average equity allocation recommended by its fellow Wall Street bank peers. The indicator shows Wall Street […]

The hottest digital coin as 2018 kicks off is stellar, which has climbed more than 65 percent since Friday into the 10 largest cryptocurrencies by market capitalization. By Tuesday, stellar had a market cap of $10 billion as the eighth-largest digital currency, according to CoinMarketCap. The digital coin traded 17.5 […]

Apple iPhone X volume expectations are still too high despite a recent correction in investor expectations, according to one Wall Street firm. CLSA warned clients on Tuesday that with fourth-quarter phone sales expectations lower and first-quarter 2018 numbers unlikely to improve, the market may still be too bullish on Apple […]

Small business hiring slowed in 2017, even as the rest of the economy accelerated, a report from human resources firm Paychex said Tuesday. The Small Business Jobs Index closed the year at 99.70 after falling 0.16 percent in December and 0.78 percent for the year. Small-business national hourly earnings were […]