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cnbc

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Rosie Wild, an officer in the British Army, has become the first woman to pass the All Arms Pre Parachute Selection course, a brutal entry fitness test. Women have been able to undertake the “P-company” course since the mid-1990s and Brig. Completing the “Trainasium” which is an aerial assault course meant to test a soldier’s ability to overcome fear. Completing a two-mile steeplechase, which includes a cross-country run and an assault course, within 19 minutes. Teams of 16 soldiers carry a 79kg
    British officer becomes first woman to pass grueling entry test for elite Army unit

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    To save on essentials like housing, food, utilities and transportation, you move from a vibrant metro area to a cheaper city. To save on essentials like housing, food, utilities and transportation, you move from a vibrant metro area to a cheaper city. I’ve met a lot of couples who delayed starting a family in order to save money — only to find that, once they’ve hit their late-40s, their ability to naturally conceive has plummeted. I’ve met a lot of couples who delayed starting a family in order
    'It's hard to frugal your way to early retirement,' says self-made millionaire who retired at 34

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    The international health emergency that “we did not anticipate in January” now threatens to derail global economic growth that was already under pressure from a global trade war and Brexit, she said Wednesday in a blog post published on the IMF’s website. The virus has already slowed China’s economic growth this year, Georgieva said, just how much depends on efforts by world leaders to contain the fast-spreading outbreak. The IMF’s Georgieva warns that a long-lasting outbreak would have signific
    Coronavirus: IMF chief says the outbreak is the 'most pressing uncertainty' for global economy

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Virgin Galactic — Shares of the space tourism company spiked nearly 14% as the stock’s speculative rally continued. Tesla — Shares of Tesla rose more than 9% following a bullish call from Wall Street firm Piper Sandler. Blue Apron — Shares of the meal kit service plunged 21% after the company reported disappointing quarterly earnings and said that it was considering “strategic alternatives.” Analog Devices — Shares of the chipmaker rallied more than 4% after the company reported better-than-expe
    Stocks making the biggest moves midday: Virgin Galactic, Tesla, Groupon, Blue Apron & more

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Alamo Drafthouse Cinema is finally rolling out its subscription movie ticket service to all 41 of its theater locations. “This is a huge win for movie lovers,” Tim League, Alamo Drafthouse founder and CEO, said in a statement Wednesday. Season Pass members can reserve tickets for movies up to seven days in advance. Alamo Drafthouse joins theater heavyweights AMC Theaters, Cinemark Theaters and Regal Cinemas in rolling out a monthly subscription service for movie tickets. During those trips, memb
    Alamo Drafthouse launches movie ticket subscription service at all theater locations

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Zoom Video is up more than 50% already this year, and has risen nearly 200% since it hit the market last April. It’s fair to ask whether the stock has run too far, too fast, but options traders are answering with a resounding “no.” Today, we saw about four times that — 63,000 contracts,” Tony Zhang, chief strategist at Optionsplay, said Tuesday on “Fast Money.” “The trade that we saw cross the tape earlier today was 786 contracts of the March 6 weekly 105-call options,” Zhang said. However, as Z
    Options trader bets Zoom Video's run higher may just be getting started

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Operations in major gambling hub Macao, off the coast of China, will reopen Thursday after being shuttered earlier this month. You have a true growing middle class in China — we have a strong middle class in the U.S., but it’s a very mature middle class. So, yes, as a long-term play, I think the spending does come back. “I think there’s an attractive play here in MGM with sports gambling becoming legal here in the U.S. and some expansion there. I think MGM has a little bit of a lead there,” Bar
    Top stocks to play a potential casino comeback as Macao reopens

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    [The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants at the NYSE to offer educational and actionable advice to help you build your best portfolio.
    Watch now: ETF Edge on what's working in 2020, the space race and hedging with ETFs

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Getty ImagesThe IRS will soon start making house calls to high-income individuals who didn’t submit a tax return. So far, the IRS anticipates making about 800 in-person visits to these high-income non-filers in the first two months, he said. The visits are taking place at a time when taxpayers enjoy reduced odds of an audit by the IRS. Bear in mind that the IRS doesn’t initiate contact with taxpayers through unsolicited calls or e-mails. Be wary if someone claiming to be from the IRS calls you o
    These high-income taxpayers are getting a visit from the IRS

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Porsche unveiled its first all-electric sports car, the Taycan, in September 2019. But the Microsoft co-founder’s recent admission that he bought the new, fully electric Porsche Taycan inadvertantly set off a Twitter spat with Tesla CEO Elon Musk, who then called his past conversations with Gates “underwhelming.” In fact Porsche introduced the Taycan, the luxury German automaker’s first all-electric sports car, in September as a competitor to Tesla’s fleet of electric vehicles. The all-electric
    This is the electric Porsche Bill Gates bought over a Tesla—take a look

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Investors’ confidence around the coronavirus may end up being misplaced, the former head of the International Monetary Fund’s China division told CNBC on Wednesday. Investors initially showed concerns around the coronavirus outbreak, with stocks falling sharply, but many have rebounded on a more positive outlook. Still, Dryden said he believes the coronavirus will be “pretty detrimental to Q1 growth, particularly for China and the global economy.” But Dryden differed from Prasad in his assessmen
    Investors may be overreaching as market hits new highs amid coronavirus outbreak

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    On Wednesday, absent any news such as quarterly earnings results that could conceivably drive the stock higher, shares of Plug Power rose more than 14%, after gaining 9.7% on Tuesday. It was also among the top 10 trending tickers on the CNBC app along with Tesla and Virgin Galactic. And I’m in the haul for PLUG,” Reddit user kashflowz said, while Heydanu wrote “Sold of 50% SPCE for a big win. Fidelity told CNBC that Plug Power was the 23rd most bought stock among retail investors on Wednesday, w
    Add surging Plug Power to the list of stocks seeing big speculative trading right now

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Ford has had its share of struggles lately, including last year’s launch of its bestselling 2020 Explorer, a popular sport utility vehicle thought to be a bit of a cash cow for the automaker. Some automotive industry analysts viewed the move as fallout from the Explorer launch. Sales of the vehicle had fallen year over year in both the third and fourth quarters of 2019. Ford acknowledged difficulties with the launch on conference calls with investors in 2019, but the automaker said the launch wa
    How Ford bungled the 2019 launch of its bestselling Explorer

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    “While a financial transaction tax would be a progressive source of revenue, it would impact everyday folks, too, both directly and indirectly,” said Garrett Watson, a senior policy analyst at the Tax Foundation, a right-leaning think tank. A financial transaction tax would impose an additional cost on trades of stocks and bonds. But everyday Americans are increasingly being pushed to take more individual responsibility for their finances, by saving in 401(k) plans, health savings accounts and 5
    Democrat plans to tax the wealthy could hit an unintended target: average Americans

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    The hedge fund manager who took home biggest payday last year has several large bets for 2020, including tech giants and railroad companies. Chris Hohn, the founder and manager of TCI Fund Management, was the highest paid hedge fund leader last year. Hohn made more than $1.8 billion last year as his fund gained 41%, according to Bloomberg. Hohn founded TCI in 2003, and the activist investor typically holds a concentrated portfolio without major turnover. TCI reported that it had 17 stock positio
    This is what 2019's highest paid hedge fund manager is betting on now

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Procter & Gamble skincare brand Olay said Wednesday it will stop retouching skin in its advertising by 2021. Olay works with ad agency Badger & Winters, which made Olay’s recent Super Bowl ad featuring all women. The “Skin Promise” will expand to all of the brand’s ads on print, digital, out-of-home and with influencer partners by 2021. But in the years since, some companies have been moving away from altered photos in their ad imagery. CVS Pharmacy said in January 2018 it would require disclosu
    Olay says it will stop skin retouching in its ads by the end of the year

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Google Cloud CEO Thomas Kurian has purchased yet another company, and this time it’s targeting mainframe customers. Google Cloud announced Tuesday that it has acquired Cornerstone Technology, which Google says will migrate customers’ mainframe workloads to Google Cloud. The latest acquisition will help the company “modernize” customers’ infrastructure and applications on G
    Google Cloud, on a buying spree, acquires IT company Cornerstone Technology

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Federal Reserve officials expressed confidence at their most recent meeting about the state of the U.S. economy and figured interest rates likely would remain unchanged for a while, according to minutes released Wednesday. That comes even as financial markets are pricing in a near-certainty of at least one cut this year and possibly two. “They expected economic growth to continue at a moderate pace, supported by accommodative monetary and financial conditions,” the minutes said. Nonetheless, unc
    Fed officials feel rates are likely to stay where they are, minutes show

  • WikiLeaks founder Julian Assange arrives at court in London on May 1, 2019 to be sentenced for bail violation. President Donald Trump offered a pardon through an intermediary to Julian Assange if the WikiLeaks chief agreed to say that Russia was not involved in hacking emails from Democrats during the 2016 presidential election, a lawyer for Assange reportedly told a court in London on Wednesday. At the time, Rohrabacher told The Hill that “Our three-hour meeting covered a wide array of issues,
    Trump offered WikiLeaks' Julian Assange a pardon if he covered up Russian hacking of Democrats, lawyer tells court

  • President Donald Trump on Wednesday retweeted claims that he is “the victim” of a Justice Department conspiracy, hours after reports that the department’s chief official has threatened to quit if the president continues such criticism. A tweet Trump promoted to his nearly 73 million followers also said that Attorney General William “Barr should clean house” at the Justice Department — and argued that Trump “can also appoint a special counsel directly” to investigate the purported conspiracy agai
    Trump tweets Justice Department criticism despite Attorney General Barr's threat to quit

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