Dallas Mavericks owner and billionaire investor Mark Cuban believes Amazon founder Jeff Bezos would be “good” for the National Football League as an owner. Cuban said Bezos would inject some new “blood” into an older NFL ownership group should he eventually find a team willing to sell. “The biggest question for professional sports right now is what’s the equilibrium between streaming and traditional TV,” Cuban said. When it was suggested Bezos could buy an NBA team instead, Cuban did not flinch

An assortment of Stockpile gift cards. Stockpile allows you to buy gift cards that recipients can redeem for fractional shares of stock in over 1,000 companies and ETFs. Buying a Stockpile gift card costs $2.99 for the first stock and 99 cents for each additional stock. It’s fairly easy to contribute by using Gift of College’s gift cards. There’s a 5% processing fee, but you may be able to avoid that by purchasing the gift card at a local retailer, such as Target.

As the S&P 500 has broken out of its trading range into record highs, euphoria has been growing — fast. Strategists and retail investors are gaga with enthusiasm:1) Barclays says small caps are at an inflection point and poised to outperform: “Headwinds have subsided,” they declare. 2) Mike Wilson’s team at Morgan Stanley expects the cyclical rally will continue: “We think the stage is set for a restocking-driven recovery in Spring 2020 to extend the cyclical rally.” 3) Morgan Stanley also loves

Uber CEO Dara Khosrowshahi arrives at the New York Stock Exchange as his company makes its initial public offering, Friday, May 10, 2019. Uber’s stock is trading well below the price it debuted at earlier this year but Barclays made the case for how the ride-hailing company will soon turn its stock around, in a note to investors on Friday titled “How Uber can double.” Shares of Uber have dropped more than 38% from where they began trading in May, closing Thursday at $25.99 a share. “We think tha

J.P. Morgan added Lyft as a top pick and said it liked significantly improved revenue and earnings as well as increased market share in the ride-hailing business. “LYFT reported significantly better than expected revenue and EBITDA, as it continues to take share of an increasingly rational US rideshare market, thereby accelerating its path to profitability. … LYFT also reiterated its expectation for consolidated EBITDA profit by 4Q21, though we continue to believe core rideshare can be profita

Pete Najarian was a buyer of Twitter. Steve Grasso was a buyer of McDonald’s. Pete owns GE puts. Steve Grasso is long AAPL, BHC, CAR, EVGN, GE, MSFT, OLN, PFE, SAVE, SHAK, SNAP, T, TSE, WRK Grasso owns Callable Trigger contingent yield note linked to SPX, RTY, and MXEA. Tim is on the advisory board of Green Organic Dutchman, Heaven, Kushco, Dionymed, Tikun Olam, CCTV, and Canndescent.

An overwhelming majority of the $4 trillion ETF market is index-hugging and passively managed. Active managers have shied away from the booming industry for years because the transparent vehicle would give away their best ideas and expose them to front-running. Now that regulators have grown warmer to the idea of non-transparent ETFs, more active fund managers will soon have a way to play the ETF game. “Some investors may find the higher fees of non-transparent ETFs, likely to be in 50-60 bps ba

Apple said Friday it will ban vaping-related apps from its App Store and has removed all 181 vaping-related currently available. The sale of tobacco and vaping cartridges has never been allowed through the App Store. The newly banned apps are instead a mix of store apps, games and hardware companion apps that let users regulate things like the lighting and heating of vape pens. “We’ve updated our App Store Review Guidelines to reflect that apps encouraging or facilitating the use of these produc

Why Amazon’s protesting the military cloud contract that went to MicrosoftAmazon is challenging the Defense Department over a major contract that went to Microsoft. Aaron Gregg, Washington Post reporter, joins “Squawk Box” to discuss.

Nvidia – Nvidia reported adjusted quarterly earnings of $1.78 per share, beating the consensus estimate of $1.57, while the graphics chipmaker’s revenue also beat Wall Street forecasts. Applied Materials – Applied Materials beat estimates by 4 cents with adjusted quarterly earnings of 80 cents per share, while the maker of semiconductor manufacturing equipment also saw revenue beat estimates. Nike – Nike announced an 11% increase in its quarterly dividend, raising it to 24.5 cents per share from

“There is a trade war, there is a technology war, there is a geopolitical war, and there could be capital wars. And how that’s approached is going to determine what our futures are like,” Dalio said at the annual gala of the National Committee on U.S.-China Relations in New York. The U.S. and China are in the middle of an extended trade war during which both countries have imposed import duties on billions of dollars’ worth of each other’s goods. But for Dalio, China’s success is the result of w

The European Investment Bank (EIB) has announced it will stop financing for fossil fuel energy projects, after its board reached agreement on a new energy lending policy following a meeting on Thursday. “Following a long discussion we have reached a compromise to end the financing by the EU Bank of unabated fossil fuel projects, including gas, from the end of 2021,” Andrew McDowell, the EIB’s vice-president in charge of energy, said. According to EIB figures, funding for fossil fuel projects amo

A significant portion of sales during this year’s Singles Day shopping event in China came from spending on credit, according to estimates from analysts. For example, Alibaba-affiliate Ant Financial has a product called Huabei, which provides users with a revolving line of credit or installment purchase plans. The increased use of credit products was most apparent this past Monday, known as Singles Day in China. Their popularity, in addition to overall use of credit cards, was more apparent duri

President Donald Trump and First Lady Melania Trump attend a welcome ceremony with Britain’s Queen Elizabeth at Buckingham Palace, in London, Britain, June 3, 2019. U.S. President Donald Trump will travel to Britain for the meeting of the North Atlantic Treaty Organization from Dec. 2 to 4, the White House said in a statement on Friday. Trump intends to discuss defense spending and addressing threats “emanating from cyberspace, those affecting our critical infrastructure and telecommunications n

U.S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season. Economists polled by Reuters had forecast retail sales gaining 0.2% in October. Excluding automobiles, gasoline, building materials and food services, retail sales increased 0.3% last month. Data for September was revised lower to show the so-called core retail sales slipping 0.1% instead of being unchanged a

Leader of the Brexit Party, Nigel Farage, speaks at the launch of the Brexit Party general election campaign at The Emmanuel Centre on November 1, 2019 in London, England. Sterling hit a 10-day high against the dollar on Friday afternoon after reports that Nigel Farage’s Brexit Party will now not contest an additional 43 seats in next month’s U.K. general election. On Monday, Farage had said his party wouldn’t contest any of the 317 seats won by the ruling Conservative Party at the last election

Regulations surrounding political ads are ‘a mess,’ WSJ reporter saysTwitter is expected to unveil its policy today on banning political ads from its platform. Steve McMahon, CEO and co-founder of Purple Strategies, and Emily Glazer, Wall Street Journal reporter, join “Squawk Box” to discuss.

Under Armour borrowed business from future quarters to hide slowing demand in 2016, The Wall Street Journal reported Thursday. The Department of Justice and Securities and Exchange Commission have been investigating the Baltimore-based company over its accounting practices. In 2016, Under Armour leaned on retailers to take goods early, former executives in sales, logistics, merchandising and finance told the Journal. Here’s the full statement from Under Armour: We are aware of recent media cover

The White House on Friday released a memorandum of an April 21 phone call between President Donald Trump and then-Ukrainian President-elect Volodimyr Zelenskiy. “I’d like to invite you to the White House. But the description at the time from the White House is not matched by memorandum. Trump also did not underscore the “unwavering support of the United States for Ukraine’s sovereignty and territorial integrity – within its internationally recognized borders,” as the White House claimed. The Whi

White House chief economic advisor Larry Kudlow speaks with reporters on the driveway outside the West Wing of the White House in Washington, July 26, 2019. The United States and China are getting close to a trade agreement, White House economic advisor Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending a 16-month trade war. Kudlow told the audience he had just come from a meeting of the top Trump administration trade officials and was more opt