Despite falling on Monday, PayPal is still hovering near all-time highs, and one trader is betting that the stock will continue to perform well after reporting earnings. The online payments company is set to unveil results on Thursday, and Todd Gordon of TradingAnalysis.com says the charts have looked strong for […]
CNBC News
Biotech, pharma shares drop after Trump says ‘drug prices are out of control’
President Donald Trump is criticizing high drug prices again, sending health-care stocks lower Monday. The iShares Nasdaq Biotech ETF erased its gains for the day after Trump’s comments, which were released around 11:50 a.m. EDT. iShares Nasdaq Biotech ETF intraday chart Source: FactSet Pharmaceutical company shares such as Pfizer, Merck […]
PG&E shares drop again on growing concerns about California wildfires liability
Shares of PG&E dropped nearly 7 percent on Monday as investors fled on worries the giant electric utility company could suffer steep losses if it’s found liable for the northern California wildfires. The stock was also trading at levels not seen since January 2016 and was the worst performer in […]
Oil prices rise toward six-month high as new Iraq conflict threatens output
Oil prices closed in on the highest level in six months as a conflict in Iraq spilled over into one of the nation’s key crude-producing hubs. Iraqi forces on Sunday launched a campaign to retake control of the area surrounding Kirkuk, an ethnically diverse area controlled by the semiautonomous Iraqi […]
The charts are pointing to a big breakout for one FANG stock: Technician
Tech has been on a tear this year, and closely watched chart analyst Carter Worth is eyeing one name for an even bigger breakout: Facebook. Facebook along with Apple, Alphabet, Microsoft and Amazon are the top five stocks in the S&P 500 by market cap. Despite the Nasdaq 100 ETF, […]
An unusual trend between gold and bonds could be about to break ‘violently,’ Dennis Gartman warns
The relationship between gold and bonds could be on the verge of going bust. Dennis Gartman, the man dubbed the “Commodities King” by investors, is tracking an unusual trend showing gold and bonds moving in the same direction over the past several years. He predicted it can’t last because gold […]
Understanding the difference between the IMF and World Bank
Win McNamee | Getty Images An employee walks outside the World Bank headquarters in Washington, United States. Experts say the roles of both institutions have shifted since their inception at Bretton Woods more than 70 years ago. “The IMF is heavily involved in fighting crises around the world,” Steil said. […]
Cramer: If you want to own tech and sleep at night, buy Texas Instruments
With the semiconductor space on fire, up 35 percent for 2017 according to the Philadelphia semiconductor index, CNBC’s Jim Cramer understands investors’ desire to own chip stocks. “At the moment, it feels like even a monkey with a dartboard could make a killing in the semis. That’s how strong they’ve […]
Cramer’s game plan: A pivotal earnings week
For CNBC’s Jim Cramer, the stock market’s major averages routinely hitting record highs is anything but humdrum. “But as much as I love it when stocks go higher, I recognize that the market can only go up as much the earnings let it, and next week we get a parade […]
These charts show how quickly bitcoin is growing
As bitcoin soars to all-time highs, the pace of gains is rapidly picking up speed. For example, it took well over 1,000 days for each leg of bitcoin’s climb from a few cents to $1,000, and from $1,000 to $2,000. But since bitcoin topped $2,000 for the first time this […]