CNBC News

One of the best-performing tech stocks this year is testing a critical level, and it could be a make or break moment for the stock’s incredible run, according to one technician. Alibaba share prices have more than doubled this year, but Matt Maley of Miller Tabak warns the stock looks […]

Americans are expected to spend a record $9.1 billion on Halloween this year — and that’s not just on kiddie costumes, candy and decorations. It might seem like all fun and games: but the business of pet Halloween is no joke. The National Retail Federation recently estimated 16 percent of […]

More than 90 funds focused on digital assets like bitcoin have launched this year, bringing the total number of such “crypto-funds” to 124, according to financial research firm Autonomous Next. Data shared exclusively with CNBC Friday showed that the largest share of the funds, 37 percent, used venture capitalist-type strategies […]

Some tiny stocks are taking a wild ride as traders look for ways to bet on bitcoin’s blockchain technology. Since bitcoin doesn’t trade on a traditional exchange like the Nasdaq, traders have latched onto any stock claiming some connection to the world of digital coins and blockchain. Bitcoin is a […]

CNBC’s Rapid Update estimate of GDP has continued to outperform the widely followed Atlanta Fed’s GDPNow. For Friday’s third quarter estimate of GDP, which came in at 3 percent, Rapid Update estimated 2.8 percent, compared with 2.5 percent for the Atlanta Fed. Over the three quarters of this year, the […]

Amazon shareholders are having a good day. The e-commerce juggernaut added more market value in one day than that of more than 400 individual companies in the S&P 500. Amazon shares surged more than 13 percent to an all-time high midday Friday, a day after it reported better-than-expected earnings. The […]

Tech stocks are soaring, but there’s one name that’s noticeably absent from the recent rally: Tesla. Shares in the electric-car maker fell 2 percent on Friday after reports that production of the Model 3 would be delayed. Tesla’s stock has been on a precipitous decline since hitting a high last […]

A simple stock-picking strategy based on buying companies that invest the most for growth will outperform the market, according to one top Wall Street firm Goldman Sachs recommended that investors buy stocks of companies that have high levels of spending on capital expenditures, R&D, and acquisitions. “Investors have rewarded companies […]

Technology is the most important industry for stocks today, indicating that blowout earnings from giants such as Microsoft could be good for the market. Shares of Google parent Alphabet, Microsoft and Intel soared nearly 6 percent or more in Friday trading after reporting solid quarterly earnings that came in well […]

Pau Barrena | AFP | Getty Images 1 Hour Ago The Catalan parliament voted Friday to declare independence from Spain in a move that will inevitably increase tensions with Madrid. Catalonians on the streets of Barcelona erupted in celebration upon hearing the news. The Spanish Senate immediately voted to enact […]