He got all these victories while he was under impeachment,” said Daniel Clifton, head of policy research at Strategas. Marc Chandler, chief market strategist at Bannockburn Global Forex, said investors are only concerned about the impeachment, in that it shows a divided country. “It’s not going to affect monetary policy or fiscal policy, and people think it’s not going to happen. ‘Political noise’Chandler said investors are more focused on fundamentals, and in the currency market, like the stock

Pivotal Research bumped up its Netflix price target on Thursday, saying that the streaming service’s “international growth story remains compelling.” Netflix shares rose 3% in trading from its previous close of $320.80. He forecast Netflix’s fourth quarter will see it add 600,000 U.S. subscribers and 8 million international subscribers, with the latter strongly above the company’s forecast of 7 million new subscribers. Pivotal increased its price target to $425 a share from $400 a share, making

Johnson & Johnson “checks a lot of boxes heading into 2020,” according to Barclays. The firm upgraded shares of the pharmaceutical and consumer packaged goods company to overweight from equal weight and hiked its 12-month price target to $173 per share from $140 per share. Johnson & Johnson closed at $143.19 per share on Wednesday. “We expect JNJ’s PE to expand closer to its peers and the market as investors return to focusing on fundamentals and reconsider its defensive merits,” said Barclays a

The Google search application is seen running on an iPhone on September 5, 2018. Investors don’t realize that Google is an e-commerce giant that can compete with Amazon, according to analysts at Baird. The firm said in a note Thursday that Google already facilitates about one-third of e-commerce sales and is poised to grow that in the coming years. “We believe Google is becoming a quasi-marketplace for brands/sellers that seeks to balance their exposure to Amazon and other marketplaces with havi

Barclays called Johnson & Johnson a defensive pick for investors. “We think JNJ checks a lot of boxes heading into 2020, leaving risk/reward skewed to the upside. We think the Consensus outlook is achievable (p.s. there’s an extra week so it helps the top-line growth rates, bottom-line less so). The market has been in an extended upswing and investors looking for defensive names can find value here.”

So perhaps it’s no surprise that that 86-year-old Supreme Court Justice Ruth Bader Ginsburg considers herself an optimist. Ginsburg has witnessed a lot of change over the course of her lifetime, and in her 26 years serving on the U.S. Supreme Court. “The progress I’ve seen in my long life makes me hopeful that we will continue in that direction,” Ginsburg told the Stanford Daily in Feb. 2017. In 1993, she was appointed to the Supreme Court by Bill Clinton. “Whatever paid work you pursue, do some

Supporters of the Affordable Care Act celebrate as the opinion for health care is reported outside of the Supreme Court in Washington, June 25, 2015. Today’s House Democrats now have a big problem. The House Democrats had better get moving on something more substantial on their health coverage platform soon. This failure to fix the ACA in a meaningful way has led to higher costs since President Trump got elected, and he can’t blame that all on the Democrats. But these moves by both sides don’t s

Pivotal Research bumped up its Netflix price target on Thursday, saying that the streaming service’s “international growth story remains compelling.” Netflix shares rose 1.9% in trading from its previous close of $320.80. He forecast Netflix’s fourth quarter will see it add 600,000 U.S. subscribers and 8 million international subscribers, with the latter strongly above the company’s forecast of 7 million new subscribers. Pivotal increased its price target to $425 a share from $400 a share, makin

Johnson & Johnson “checks a lot of boxes heading into 2020,” according to Barclays. The firm upgraded shares of the pharmaceutical and consumer packaged goods company to overweight from equal weight and hiked its 12-month price target to $173 per share from $140 per share. Johnson & Johnson closed at $143.19 per share on Wednesday. “We expect JNJ’s PE to expand closer to its peers and the market as investors return to focusing on fundamentals and reconsider its defensive merits,” said Barclays a

The Google search application is seen running on an iPhone on September 5, 2018. Investors don’t realize that Google is an e-commerce giant that can compete with Amazon, according to analysts at Baird. The firm said in a note Thursday that Google already facilitates about one-third of e-commerce sales and is poised to grow that in the coming years. “We believe Google is becoming a quasi-marketplace for brands/sellers that seeks to balance their exposure to Amazon and other marketplaces with havi

If you’re hoping to snag the best-available terms on a loan, standard guidance about credit card usage could end up interfering with your plans. The common advice is to keep revolving debt below 30% of your available credit so your so-called utilization rate doesn’t hurt your credit score. Yet experts say your FICO score — which many lenders use in their decision-making — starts taking a hit well below that threshold. “Anything above 5% will start lowering FICO scores,” said Al Bingham, a credit

The entertainment technology company announced Thursday its highest-grossing year ever at the global box office with more than $1.035 billion in ticket sales worldwide. This comes as the industry as a whole suffered another month of weak movie ticket sales in November, adding to a 2019 box office performance that has been struggling to outpace 2018. Internationally the company saw record box office growth in 22 countries and territories including China, India, Japan, France, Germany and more. Di

The last 10 years have seen the rise of internet-connected security cameras, smart speakers, doorbells, light bulbs, thermostats, vacuums and baby monitors from tech giants including Amazon, Google, Apple, Facebook, and Microsoft. A 2018 study from NPR and Edison Research found 64% of participants purchased a smart speaker specifically to control other smart home devices. In 2019, users learned that people working for Google, Amazon, Facebook, Microsoft and Apple were listening to their conversa

That has had a lasting and in some cases detrimental impact on America’s shopping malls. Gary Hershorn | Corbis News | Getty ImagesThe trouble, however, is at the so-called C- and D-rated shopping malls, which bring in lower sales per square foot. It is also taking over Euclid Square Mall in Euclid, Ohio. Apparel retailers used to make up as much as 60% of leaseable square footage at a traditional shopping mall. A shopper walks through a near-empty shopping mall.

Exterior of a redesigned Chipotle restaurant Source: Chipotle Mexican GrillChipotle Mexican Grill announced Thursday that it is testing a different design for its restaurants as its digital business keeps growing. Interior of a redesigned Chipotle restaurant Source: Chipotle Mexican GrillNew features will include walk-up windows and different seating arrangements. To decide which design will roll out nationally, Chipotle will assess each location based on transactions, consumer feedback and its

You might be surprised to learn your iPhone tracks where you go. Apple’s latest iPhone software, iOS 13, helps protect you more than ever before, and lets you know which apps are tracking your location and when. For example, there’s a System Services page in iOS that shows 20 different ways your iPhone tracks your location. Apple tracks your location for “Location-Based Apple Ads,” for example. Here’s how to see how your iPhone is tracking your location and how to manage what it tracks.

Barclays called Johnson & Johnson a defensive pick for investors. “We think JNJ checks a lot of boxes heading into 2020, leaving risk/reward skewed to the upside. We think the Consensus outlook is achievable (p.s. there’s an extra week so it helps the top-line growth rates, bottom-line less so). The market has been in an extended upswing and investors looking for defensive names can find value here.”

Europe’s top court just delivered Airbnb a major victory as the company readies for its public debut next year. Airbnb cannot be treated as a real estate agency by European regulators, the European Court of Justice ruled Thursday morning. The ruling is a welcome boon for Airbnb as the company prepares for its anticipated public debut in 2020 and seeks to attract public investors weary of government regulation. The court concluded that Airbnb is ultimately “a tool to facilitate the conclusion of

Although the sector has broken above a key area of resistance, Stockton still needs more confirmation of the move to start trusting it. “We have seen some stabilization, in relative terms, for certain [energy] stocks or segments, but I think it’s a little bit too early to suggest that we’re seeing a meaningful long-term turnaround,” she said. “So, that would obviously have an impact and could make the energy sector at least less of a laggard in Q1.” John Petrides, a portfolio manager in Tocquevi

Secretary of the Treasury Steven Mnuchin speaks in the briefing room of the White House in Washington, DC, on October 11, 2019. U.S. Treasury Secretary Steven Mnuchin said the new North American Free Trade Agreement will give the U.S economy a boost. “I think we are going to get an excess 50 basis points of additional growth in GDP as a result of this agreement. People who say this is just the NAFTA 2.0 just don’t understand the technicalities of this agreement,” Mnuchin said on CNBC’s Squawk on