CNBC News

Traditional money managers are racing to sell their own exchange traded funds as investors continue to pour money into a business that has been dominated by a handful of giant fund companies. “The industry is following the flows. Passive strategies and smart beta are gaining market share and no one […]

Even if Qualcomm declines Broadcom’s $103 billion buyout bid, shares of the chipmaker still have plenty of ways of climbing higher over the next year, according to one Wall Street analyst. RBC Capital Markets upgraded Qualcomm shares to outperform from sector perform Tuesday, with a $70 price target, noting that […]

It’s been exactly one year since President Donald Trump was elected and investors in defense stocks have benefited greatly. The aerospace and defense industry has risen more than 40 percent since Nov. 8, 2016. The only two industries that have outperformed defense are computers and peripherals and semiconductors. Of the […]

Amazon hit yet another all-time high Tuesday, and TradingAnalysis.com founder Todd Gordon says the charts are hinting the e-commerce giant could soon reach a new milestone. “You can see that [Amazon has made a very nice uptrend in 2017],” the technical analyst said Tuesday on CNBC’s “Trading Nation.” “And if […]

Amazon hit yet another all-time high Tuesday, and TradingAnalysis.com founder Todd Gordon says the charts are hinting the e-commerce giant could soon reach a new milestone. “You can see that [Amazon has made a very nice uptrend in 2017],” the technical analyst said Tuesday on CNBC’s “Trading Nation.” “And if […]

Media magnate Oprah Winfrey is raking it in on her stake in Weight Watchers. The company’s shares were up nearly 20 percent Tuesday after the diet company reported better-than-expected earnings and raised its outlook, bringing Winfrey’s potential profit to roughly $300 million over two years. Weight Watchers stock is up […]

Media magnate Oprah Winfrey is raking it in on her stake in Weight Watchers. The company’s shares closed up more than 13 percent Tuesday after the diet company reported better-than-expected earnings and raised its outlook, bringing Winfrey’s potential profit to roughly $300 million over two years. Weight Watchers stock is […]

President Donald Trump‘s election led to a boom in the stock market and a resulting surge of money into the investment funds. In fact, since the Republican’s victory — Wednesday will mark the one-year anniversary — assets under management for mutual and exchange-traded funds surged about 16 percent, or $2.9 […]

Goldman Sachs expects bitcoin will hit new records, despite a roughly $600 drop in the digital currency from all-time highs. “The market has shown evidence of an impulsive rally since breaking above 6,044,” Sheba Jafari, vice president on the bank’s FICC Market Strats team, said in a Sunday note. “Next […]

A potential media mega-deal involving Walt Disney buying some of the key 21st Century Fox assets is the talk of Wall Street right now. CNBC reported Monday 21st Century Fox has been holding talks to sell most of the company to Disney, leaving behind a media company tightly focused on […]