China on Tuesday condemned the U.S. announcement of tariffs on $50 billion worth of Chinese imports and said it would “take corresponding measures of equal scale and strength against U.S. products.” “The Chinese side strongly condemns and firmly opposes the unfounded Section 301 investigation and the proposed list of products […]
CNBC News
Cramer Remix: Violate these investing rules at your own peril
CNBC’s Jim Cramer knows that he constantly repeats the same old investing rules, but it’s because rules mean discipline, and discipline always trumps conviction. “One thing I’ve learned in my investing career: no matter how much you might believe in something, you violate the rules of the road at your […]
Cramer says owning too many stocks and too little cash can set you up for failure
Every morning at his old hedge fund, CNBC’s Jim Cramer would spend a few hours going over the mistakes he made the day before. “I would analyze every losing trade — you don’t need to analyze the winners, they take care of themselves — [and] I’d try to figure out […]
Cramer: I helped investors through the 2010 flash crash by following one key rule
In many ways, individual investors are often their own worst enemies, as CNBC’s Jim Cramer has learned over the years. “If you want to invest wisely, you constantly need to be fighting off your own worst impulses,” the “Mad Money” host said. “We’re not robots, we have emotions, and those […]
Peter Navarro says Trump’s trade policies are ‘good for the market,’ but economists aren’t buying it
As markets plummeted Monday, White House aide Peter Navarro insisted fears of a trade war and President Donald Trump’s attacks on Amazon were all wrong. “Everybody needs to relax,” Navarro told CNBC. Trump’s trade policy is “good for the market,” he insisted, adding: “I teach that stuff. I mean, let’s […]
US names Chinese products under proposed tariffs, including robotics, information tech and aerospace
President Donald Trump unveiled a list Tuesday of Chinese imports his administration aims to target as part of a crackdown on what the president deems unfair trade practices. Sectors covered by the proposed tariffs include products used for robotics, information technology, communication technology and aerospace. The U.S. Trade Representative, which […]
Facebook finds more evidence Russian organization is still trying to sway public opinion
Facebook is removing more than 270 pages and accounts operated by the same Russian organization which attempted to sway the 2016 U.S. presidential election, said CEO Mark Zuckerberg. In a post on his Facebook page on Tuesday, Zuckerberg said the company had found evidence the Internet Research Agency (IRA) had […]
Cloudera stock plummets after posting weak guidance
Cloudera stock fell more than 25 percent after the company posted guidance that fell below analysts’ expectations. But for the fourth quarter of Cloudera’s 2018 fiscal year, which ended Jan. 31, the company did beat estimates. – Earnings: Loss of 10 cents per share, excluding certain items, vs. 23 cents […]
CBS submits below market value bid for Viacom: Sources
CBS has submitted a bid for Viacom that is below market value, sources familiar with the situation said. The CBS special committee wants CBS CEO Les Moonves and Joe Ianniello, the chief operating officer of CBS, to lead the company, the sources said. Viacom‘s class B shares closed Tuesday down […]
Earnings reports can’t get here soon enough for a market trying to find its footing
Bring on the earnings season. Analysts are hoping anticipated profit gains of 18 percent or more for the first quarter, and strong guidance on future quarters will turn the tide in the market correction. That’s because the market needs more earnings growth to justify its valuation — which is currently […]