Chip stocks have been on fire this year, and one technician says the hottest name in the group is showing no signs of cooling off. Micron is the best-performing technology stock this year, up nearly 120 percent, and according to Rich Ross of Evercore ISI, the stock has could rally […]
CNBC News
The debt time bomb that keeps growing and now equals nearly half of US GDP
Corporate debt is at its highest level relative to U.S. GDP since the financial crisis , and while not now a concern, that mountain of corporate IOUs could quickly turn into a heap of worry under the right circumstances. Fueled by low interest rates and strong investor appetite, debt of […]
Uber has an idea to keep you from getting sick when you read in self-driving cars
As anyone with a long commute knows, motion sickness can be a major deterrent to reading during a car ride. Ride-hailing company Uber has an idea to address this frustrating problem, according to a patent application published this month. And it’s not about protecting the upholstery. It works with self-driving […]
A classic tell for the market is trading right above a key level
I’ve been taking notice of the Dow transports in recent sessions, as the index lagged the broader market on Friday but managed to hold just above key support. Here’s why I’m watching the group, and particularly airline stocks. The 200-day moving average has proved solid support for the Dow Jones […]
This housing stock is surging, but now is the time to ‘take your money and run,’ says technician
The homebuilders have been soaring this year, but one technician says there could be trouble ahead for one surging name: D.R. Horton. The company has been on a tear, jumping 77 percent in 2017 and hitting another all-time high on Monday. The homebuilder is the largest component in the ITB, […]
Money gets American students to try harder, economists found
American high school students score higher on low-stakes tests and are more willing to answer test questions when they are motivated by cash, according to new economic research. Giving high school-aged students money as a reward for performing well improved scores by roughly 5 percent, according to economists at the […]
American students try harder if you pay them, economists found
American high school students score higher on low-stakes tests and are more willing to answer test questions when they are motivated by cash, according to new economic research. Giving high school-aged students money as a reward for performing well improved scores by roughly 5 percent, according to economists at the […]
Nebraska commission approves Keystone XL route, clearing obstacle for disputed oil pipeline
The Keystone XL pipeline passed a major hurdle on Monday after Nebraska regulators approved the route for the project, which faced opposition from environmentalists and the Obama administration. The approval is also something of a victory for President Donald Trump, who overturned his predecessor’s decision on a pair of controversial […]
Square’s stock is up 220% this year, but charts point to trouble
It’s been hip to be Square this year. Shares of the mobile payment stock have surged 222 percent in 2017, including 13 percent last week alone following the announcement that it would begin testing bitcoin on its app and a big analyst upgrade. Evercore ISI upgraded Square to outperform on […]
The bears may have missed their last chance to feast on 2017’s stock market
One week ago, a full buffet seemed to open up in front of Wall Street’s underfed bears. Stocks in Europe and Japan, leaders all year, were in sharp pullbacks and Chinese growth numbers fell a bit short. Prices for high-yield corporate debt, a key support for equities, were sagging and […]