CNBC

Apple iPhone X volume expectations are still too high despite a recent correction in investor expectations, according to one Wall Street firm. CLSA warned clients on Tuesday that with fourth-quarter phone sales expectations lower and first-quarter 2018 numbers unlikely to improve, the market may still be too bullish on Apple […]

Small business hiring slowed in 2017, even as the rest of the economy accelerated, a report from human resources firm Paychex said Tuesday. The Small Business Jobs Index closed the year at 99.70 after falling 0.16 percent in December and 0.78 percent for the year. Small-business national hourly earnings were […]

Democrats in high-cost, high-tax states are plotting ways to do what their states’ representatives in Congress could not: blunt the impact of the newly passed Republican tax overhaul. Governors and legislative leaders in New York, California and other states are considering legal challenges to elements of the law that they […]

Ripple surged nearly 56 percent Friday to an all-time high, surpassing ethereum as the second-largest cryptocurrency by market capitalization. Officially called XRP, ripple climbed 55.9 percent to a record high of $2.23 Friday afternoon, according to CoinMarketCap. The digital currency had a market cap of $86.3 billion, surpassing ethereum’s $73 […]

The president of the United States is not well. That is an uncomfortable thing to say, but it is an even worse thing to ignore. Consider the interview Trump gave to the New York Times on Thursday. It begins with a string of falsehoods that make it difficult to tell […]

Apple doesn’t sell many products — you can probably count most of them on your hands and feet. But it’s hard to overstate the company’s scale and power. As the most valuable franchise in the world, Apple own more U.S. Treasury securities than many major countries, was the fourth-largest purchaser […]

In a year when equities across the world have rallied in synchrony, Ryan Detrick of LPL Financial has identified what could be the most important chart for the market next year, as it could signal that the global rally is far from done. With the S&P 500 up 20 percent […]

One of the main ways hedge funds make money is betting against companies they believe are overvalued, so investors should be wary of stocks with high levels of short interest. S3 Partners’ Ihor Dusaniwsky shared which stocks professional managers and investors are short selling the most in an email to […]

One of the main ways hedge funds make money is betting against companies they believe are overvalued, so investors should be wary of stocks with high levels of short interest. S3 Partners’ Ihor Dusaniwsky shared which stocks professional managers and investors are short selling the most in an email to […]

A noted bank stock analyst said in a Friday note that it’s time to buy Goldman Sachs, just about a month after saying investors should bet against the stock. The investing climate today “is exactly the environment Goldman has been preparing for for 10 years,” Dick Bove of Vertical Group […]