Investing

Dara Khosrowshahi, CEO, Uber  Carlo Allegri | Reuters Here are the biggest calls on Wall Street on Friday. Atlantic Equities initiated Uber as ‘neutral’ Atlantic Equities said Uber’s path to profitability is clearer. “Given the benefits of scale, we prefer Uber, with its market-leading ridehailing position augmented by the fast growing Eats business and freight
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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
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Lockheed Martin delivered the best conference call to its shareholders out of the defense sector, CNBC’s Jim Cramer said Friday. The largest military contractor in the world, the Bethesda, Maryland-based manufacturer trounced analyst expectations on earnings per share, $5.99 versus $4.34, and revenue, $14.3 billion versus $12.6 billion. Raytheon, a major contractor for the U.S.,
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CNBC’s Jim Cramer on Wednesday said too many Wall Street watchers assumed that businesses’ first quarter earnings results would be horrid and now the stock market is rallying on companies besting expectations. Analysts based their 2019 predictions on the Federal Reserve-induced fourth-quarter sell-off and prolonged U.S.-China trade war, but never revised their outlooks as the
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Exchange-traded funds are getting a revamp at Goldman Sachs. The big bank has doubled down on a concept called smart beta, which blends passive and active investing strategies to build portfolios based on non-traditional metrics. At Goldman, the strategy is branded as ActiveBeta and revolves around four factors: value, quality, momentum and low volatility. “We
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Netflix can peacefully coexist in the streaming industry even as the market braces for more competition from Walt Disney, Google’s YouTube, and Apple, CNBC’s Jim Cramer said Wednesday. As the video giant continues to add popular content, such as “Triple Frontier,” “Bird Box,” and “FYRE: The Greatest Party That Never Happened,” to its platform, customers
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One big bank is not like the other. Financial giants J.P. Morgan and Wells Fargo kicked off earnings season on Friday, both issuing better-than-expected results. But while J.P. Morgan’s stock soared nearly 5%, Wells Fargo’s stock slid, ending the day almost 3% lower. Wells Fargo’s weakness came largely from softer profit guidance from CFO John
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Crude can’t crank higher unless it stays above the key $60 level, says expert technician Louise Yamada. Tightening global supplies have proved bullish for the commodity this year, with U.S. West Texas Intermediate crude prices currently hovering near five-month highs. But the upward action has also been quite volatile, as economic and geopolitical factors have
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As materials stocks build on their gains, one investing professional is getting even more constructive on the space. Witnessing the 4% pop this week in the Materials Select Sector SPDR Fund, a market-cap-weighted index that counts the stocks of Linde and DowDuPont among its top holdings, CFRA’s Todd Rosenbluth says investors should consider buying into
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