Investing

Virgin Galactic founder Richard Branson wearing the spacesuit Under Armour made for the space tourism venture’s astronauts. Virgin Galactic NEW YORK – Astronauts, meet athleisure. Under Armour on Wednesday unveiled the spacesuits it is making for people to wear on flights to the edge of space with Richard Branson’s Virgin Galactic. The two companies are
0 Comments
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. Scott Morgan | Reuters David Rolfe, a longtime Berkshire Hathaway shareholder and chief investment officer at Wedgewood Partners, is fed up with
0 Comments
SpaceX’s Crew Dragon capsule splashed into the Atlantic Ocean after completing its test flight for NASA. NASA TV LOS ANGELES — SpaceX is in the final stages of developing the capsule it will use to launch astronauts, a project that has commanded the company’s resources and even finances over the last few years. Known as
0 Comments
Fidelity clients saving for retirement are starting to move some money out of stocks in the recently volatile market, the brokerage’s personal investing president told CNBC on Friday. “The average investor that doesn’t trade a lot that’s really looking to save for their retirement — we have millions of customers like that — we’ve seen
0 Comments
Fidelity Investments has joined its rivals by offering zero-commission online trades, but it’s trying to differentiate itself by not selling the right to execute trades to third-party firms, brokerage executive Kathleen Murphy told CNBC on Friday. “We do not take payment-for-order-flow on equity orders,” said Murphy, president of Fidelity’s personal investing business. “Many competitors do
0 Comments
CNBC’s Jim Cramer is warning against trading stocks on the roller coaster of U.S.-China headlines as the two countries restarted high-level talks aimed at ending their 15-month-old trade war on Thursday. Markets are “hostage to events that are not only totally out of our hands, but I think totally out of the president’s hands,” Cramer
0 Comments
Tanya Baker is the Global Head of GS Accelerate. Source: Goldman Sachs Goldman Sachs, famed adviser to Silicon Valley for decades, is turning to what it considers fertile ground for the next billion dollar business: its own employees. Earlier this year, 500 teams of workers pitched the bank on potential start-ups, according to Tanya Baker,
0 Comments
There’s a correlation between recent weakness in the stock market — led by certain sectors — and Elizabeth Warren’s surge in the polls, according to some analysts and strategists on Wall Street. One banking analyst, Oppenheimer’s Chris Kotowski, went so far as to title his latest research note “The Warren Correction,” where he pointed out
0 Comments
Source: Robinhood Robinhood is giving banking another shot. Ten months after the failed launch of a checking and savings account, the free stock-trading start-up announced a cash management account with a 2.05% interest rate. The APY is more than twenty times higher than the national average for savings accounts, according to Bankrate.com. In December, Robinhood
0 Comments
Former Nasdaq CEO Bob Greifeld warned on CNBC on Monday that this year’s IPO boom feels similar to the late 1990s dot-com bubble. “It’s important to recognize that the IPO market was getting quite bubbly [nowadays],” said Greifeld, a CNBC contributor and author of the new book, “Market Mover: Lessons from a Decade of Chance
0 Comments