Leon Cooperman at the 2019 Delivering Alpa conference in New York on Sept. 19. Shares of Workday climbed Tuesday when billionaire investor Leon Cooperman said he had taken a stake in the company. Cooperman, founder of Omega Advisors, spoke Tuesday with CNBC’s Scott Wapner on “Fast Money Halftime Report.” The stock opened at just under $197 per share Tuesday, spiking to more than $199 per share after Cooperman announced his position. Cooperman said one of the analysts at Omega Advisors who recomm

Billionaire investor Leon Cooperman told CNBC on Tuesday that investors have become too pessimistic on the energy sector and too optimistic on individual companies like Tesla. “Certain parts of the market are in euphoria like Tesla. “I think the market has gone overboard in their negative view of energy,” Cooperman said. The fact is if the economy grows, energy demand is going to grow.” Cooperman also said investors should be more worried about the long-term ramifications of a Bernie Sanders pre

Watch CNBC’s full interview with OYO CEO Ritesh AgarwalRitesh Agarwal, CEO of OYO Hotels, joins “Squawk Alley” to discuss the company’s recent layoffs, strategy and more.

Recode’s Kara Swisher on FTC tech probeRecode’s Kara Swisher joins “Squawk Alley” to discuss the FTC’s probe into acquisitions made by tech companies.

An electric Porsche Taycan caught fire in a Florida residential garage, the company confirmed Tuesday. The company said in a statement that it was notified Sunday about the fire, which happened where the vehicle was parked overnight. Zellmer said out of “thousands” of potential U.S. customers who have shown “sincere interest” in the Taycan, Tesla owners are the highest among non-Porsche owners. On April 21, a Shanghai security camera caught a Model S sedan bursting into flames. And in San Franci

That seems to be the case for Match Group with traders split on whether the stock is the right match for them. Boris Schlossberg, managing director of FX strategy at BK Asset Management, was into Match this Valentine’s Day. Match has 50% revenue exposure in the U.S., but its overseas presence delivers the most growth. He goes on to say Match continues to grow its daily active users and has $600 million of free cash flow. If this stock really starts to break below that uptrend support line, your

Space is increasingly becoming a place of business – ranging from communications, data and soon even tourism – and there are a few ways you can invest right now. Investor interest in the space industry has grown rapidly and private investment in space companies is at an all-time high. But the number of publicly-traded names remains relatively low compared to other industries its size. Additionally, several of the companies that bring in the most revenue from space are aerospace and defense giant

(This story is for CNBC Pro subscribers only.) Leon Cooperman, Omega Advisors founder, chairman and CEO, joined CNBC’s “Halftime Report” on Tuesday to discuss the 2020 presidential election, the record rally in stocks, his favorite stock picks and where he sees the next crisis. Watch the full interview below, exclusively on CNBC PRO.

Michael Short | Bloomberg | Getty ImagesI’ve been testing Samsung’s second phone with a folding display, the Galaxy Z Flip, for five days. Samsung Galaxy Z Flip Todd Haselton | CNBCThere are other use cases for propping the phone up, though. Samsung Galaxy Z Flip Todd Haselton | CNBCI like this design better than the Galaxy Fold, too. Samsung Galaxy Z Flip Todd Haselton | CNBCI also really like the way the phone looks. Don’t buy itSamsung Galaxy Z Flip Todd Haselton | CNBC

General Mills’ plan to revive cereal sales includes a $13 box of the breakfast food. More than halfway through the company’s fiscal 2020, General Mills’ U.S. cereal retail sales have risen 2%. Cereal isn’t the only segment that General Mills is trying to revive. Still, executives said General Mills is on track to deliver its fiscal 2020 targets, including organic net sales growth of 1% to 2%. General Mills’ stock, which has a market value of $32.4 billion, was up less than 1% in afternoon tradin

Mike Bloomberg’s campaign said on Tuesday that it sees Sen. Bernie Sanders, I-Vt., as the only threat to Bloomberg winning the Democratic nomination and defeating Donald Trump in 2020. Biden has dropped in recent surveys since his disappointing fourth-place finish in the Iowa caucuses, while Sanders and Bloomberg have surged. The campaign has opened at least 150 campaign offices across the country and has more than 2,000 staffers nationwide. A Bloomberg campaign spokeswoman confirmed to CNBC tha

LeBron James’ business empire continues to grow. James will author his first book, I Promise, a picture book that publishes in the U.S. on Aug. 11. The four-time MVP said his picture book was inspired by the values and initiatives of his foundation’s I Promise program in Akron, Ohio. The LeBron James Family Foundation has invested millions of dollars to provide educational resources to the kids of Akron, James’ hometown, including a public school for 1,400 students. Last week, the foundation ann

Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. Tesla’s meteoric rise to start the year has puzzled many on Wall Street including analysts, but some hedge fund managers had the foresight to bet on the stock before the 2020 surge. The stock is up more than 100% so far this year, trading at about $850 per share. At one point the stock topped $968. There were 10 hedge fund and other investors with fundamental strategies that report

Because of its scale as the world’s biggest retailer, Walmart can save millions of dollars by making even the slightest tweaks to how it runs its business. It will save $60 million annually by changing its process for buying shopping bags, CFO Brett Biggs said Tuesday, during a meeting with investors in New York. It is also cutting the cost of the vests its workers wear by 15% by making them out of recyclable materials, he said. And Walmart is on track to save $100 million annually by centralizi

Among his proposals is a 0.1% tax on all financial transactions, meaning that the federal government would exact a duty on all transactions, including stocks, bonds and payments on derivative contracts. The campaign says its proposed transactions tax would be designed to help raise revenues needed to address wealth inequality across the U.S. He’s also proposed a variety of other duties on the wealthy as part of his $5 trillion tax plan. Bloomberg’s campaign cites a 2015 study by the Tax Policy C

Overall, the S&P’s fourth quarter earnings are up 2%, but all of that is thanks to the FAAMG stocks. Without these 5 stocks, the index’s year-over-year earnings growth is flat. The stock market may be hovering around all-time highs, but just 5 companies are contributing to the S&P 500’s earnings growth, Goldman Sachs said in a new note. “Mega-cap earnings strength contrasts with small-cap earnings weakness,” the firm’s analysts led by David Kostin said in a note to clients. “The Russell 2000 exp

Presidential candidate Mike Bloomberg on Tuesday rolled an ambitious plan to rein in Wall Street, echoing platforms of some of his more liberal Democratic rivals. Bloomberg’s plan would bolster many of the reforms either put in place or strengthened as part of the 2010 Dodd-Frank Act in response to the Great Recession, a crisis that some blamed on Wall Street banks. The billionaire, who made his own fortune on Wall Street, has now spent at least $400 million in advertising for his campaign, acco

Roger Stone, former adviser to Donald Trump’s presidential campaign, arrives to federal court in Washington, D.C., Feb. 21, 2019. Judge Amy Berman Jackson said during a conference call with Stone’s lawyers and prosecutors that she thought “delaying the sentence would not be a prudent thing.” Stone’s lawyers last week filed a motion seeking a new trial on the heels of disclosures that the jury forewoman in Stone’s trial had a history of anti-Trump social media posts. Those defense lawyers told Ja

President Donald Trump granted executive clemency Tuesday to former Illinois Gov. Rod Blagojevich, as well as to ex-New York Police Commissioner Bernard Kerik and to Edward DeBartolo Jr., the former owner of the San Francisco 49ers football team. In all, Trump granted some form of executive clemency to 11 individuals Tuesday, according to the White House. Federal prosecutors last week recommended that a judge give Stone a harsh sentence of seven to nine years in prison. “I think he’s being treat

Financier and philanthropist Michael Milken visits “Mornings With Maria” at Fox Business Network Studios on August 23, 2018 in New York City. President Donald Trump issued a pardon Tuesday to Michael Milken, the former junk bond king who became a face of the insider trading financial scandals of the 1980s. Grisham said in that statement that “the charges filed against Mr. Milken were truly novel.” “In fact, one of the lead prosecutors later admitted that Mr. Milken had been charged with numerous