Finance

The “Fast Money ” traders shared their first moves for the market open. Pete Najarian was a buyer of the China Internet ETF. Tim Seymour was a buyer of Alibaba.  Guy Adami was a buyer of Shake Shack.  Trader disclosure: Pete Najarian is long calls ALLY, ASHR, BABA, BOX, DBX, DOCU, DVN, FCX, GDX, GLD, JD,
0 Comments
A Goldman Sachs sign at at NYSE. Brendan McDermid | Reuters Goldman Sachs has offered 1 billion ringgit ($241.73 million) to compensate Malaysia for its role in a multi-billion dollar financial scandal involving a Malaysian state fund — but the prime minister of the Southeast Asian country described that amount as “peanuts.” The U.S. financial
0 Comments
The “Fast Money ” traders shared their first moves for the market open. Tim Seymour was a buyer of Alphabet. Jeff Mills was a buyer of the Emerging Markets ETF. Dan Nathan was a buyer of Cisco. Guy Adami was a buyer of Exxon Mobil.  Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA,
0 Comments
A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts have suggested. Conservative Member of Parliament (MP) Nicky Morgan, chair of the Treasury Committee, last week wrote to the CEO of Britain’s most influential investment platform, FTSE
0 Comments
Source: Current The founder of online bank Current claims Facebook copied his company’s logo for the social network’s bid to reinvent the global financial system. Stuart Sopp, a Wall Street trader turned start-up CEO, told CNBC that he used a San Francisco-based design firm named Character to create his start-up’s logo in 2016. That firm
0 Comments
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut. “I think they’re fully planning on cutting in July, absent stronger data,” said Ed Keon, QMA chief investment strategist. “The market liked it now, but it’s important to keep in mind, rate cuts
0 Comments
Andy Warhol’s artwork, ‘Silver Car Crash (Double Disaster)’ is displayed while being auctioned at Sotheby’s on November 13, 2013 in New York City. Andrew Burton | Getty Images Check out the companies making headlines midday Monday: Sotheby’s — Sotheby’s shares jumped 57.2% on news that European art collector Patrick Drahi planned to acquire the art
0 Comments