Month: April 2019

It’s not you, it’s YouTube. That’s how YouTube and Google parent Alphabet explained its first-quarter revenue miss on Monday after reporting earnings, the results of which led the stock to have its worst trading day in almost seven years on Tuesday. With shares of Alphabet closing nearly 8% lower Tuesday, experts are now eager to
0 Comments
Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
0 Comments
Technology investor Paul Meeks is putting the brakes on his bullish forecast. Meeks sees investors getting burned by tech stocks, saying the rally has gone too far, too fast. “My issue is not fundamentals,” he said Monday on CNBC’s “Trading Nation ” segment. “It’s more about stretched valuations.” The tech-heavy Nasdaq has surged more than
0 Comments
President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, April 26, 2019. Lucas Jackson | Reuters U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas,
0 Comments
More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates
0 Comments
Mark Zuckerberg speaking at the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Photo by Bloomberg Facebook’s annual F8 developer conference beginning on Tuesday promises to put a focus on the company’s messaging apps as the social network shifts toward privacy. CEO Mark Zuckerberg announced in March that the future of Facebook
0 Comments
Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Restaurant Brands International on Monday reported quarterly earnings that fell short of analysts’ expectations. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 55 cents,
0 Comments