Investing

Broadcom CEO Hock Tan is paying the price for misjudging President Donald Trump‘s resolve to “bring the Chinese to their knees,” CNBC’s Jim Cramer said Friday. Trump feels he has to “sacrifice Broadcom on the alter of Huawei” to humble China in trade negotiations, Cramer argued. Last year, Broadcom received about $900 million in revenue
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Options traders are flooding into the Magic Kingdom after a bullish call from Morgan Stanley forecasting blockbuster profits from upcoming streaming service Disney+. The note predicts that Disney‘s over-the-top service will boast 130 million or so subscribers by 2024. That would represent prolific year-over-year growth for a streaming platform chasing the current leader, Netflix, which
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Facebook’s founder and CEO Mark Zuckerberg speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Chesnot | Getty Images RBC Capital Markets believes that Facebook has a “crypto opportunity,” explaining in a note to investors the firm’s high expectation for the tech giant’s coming
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Howard Marks, Co-Chairman, Oaktree Capital. David A. Grogan | CNBC Billionaire investor and Oaktree Capital Management Co-Chairman Howard Marks is worried to hear investors say “this time it’s different” or openly wonder if the historic bull market and economic success “can only get better forever.”  In a 12-page letter sent to Oaktree clients on Wednesday,
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CNBC’s Jim Cramer on Wednesday said the biggest concern for Apple shareholders should be around what President Donald Trump does next in the U.S.-China trade war. “I actually think it’s more likely that President Trump hurts Apple more than” Chinese President Xi Jinping,  argued Cramer on “Squawk on the Street,” adding a next round of tariffs
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May’s overall job growth disappointed, but there were pockets of strength with strong hiring in the health care, computer and digital design and food service industries. The Labor Department’s Friday report on the employment situation also showed a decline in retail positions while manufacturing continued to added to a string of lackluster prints. CNBC studied
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Stanley Druckenmiller Katie Kramer | CNBC Billionaire investor Stanley Druckenmiller went after President Donald Trump and lawmakers on Friday for attacking big technology companies. “We are attacking our companies that are the leaders in this stuff. But man, it’s great. We’re supporting our steel industry, our coal industry, [and] our aluminum industry. Way to think about the
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Albert Edwards Rukhsana Hamid | Bloomberg | Getty Images There are contrarian indicators and then there are contrarian indicators — and then there’s Albert Edwards, the pessimistic Societe Generale market analyst who thinks his dethronement as the top-ranked advisor in one survey is a sign that investors ought to watch. In an analysis both cheeky
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