Investing

Tech giant Apple and Qualcomm settled a legal dispute over royalties and patents on Tuesday and it has Wall Street analysts buzzing over the chipmaker’s prospects moving forward. Analysts at Stifel, J.P. Morgan and Evercore ISI all upgraded Qualcomm on the news. Mizuho Securities, meanwhile, hiked its price target on Qualcomm to $82 per share
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J.B. Hunt Transport Services‘ downbeat earnings call on Monday should put to rest any ideas that the economy is too strong and that the Federal Reserve should tighten interest rates again, CNBC’s Jim Cramer said Tuesday. The trucking and transportation company’s stock sank nearly 5% after missing Wall Street’s expectations and blaming low volume on
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Check out the companies making headlines before the bell: Goldman Sachs — The investment bank reported quarterly profit of $5.71 per share, beating the consensus estimate of $4.89. Revenue fell short of forecasts, however. Goldman also increased its quarterly dividend to 85 cents per share from 80 cents a share. Waste Management — Waste Management
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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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Macy’s used its savings from 2018 tax reform to create a “path for growth,” CEO Jeffrey Gennette told CNBC Thursday. The message came in response to Jeff Bezos’ challenge that retailers match Amazon’s employee compensation. “We decided to put that back into the community of our colleagues,” Gennette told Jim Cramer in an interview on
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This year’s best-performing exchange-traded funds are an eclectic group. They center on three red-hot themes: China, cannabis and genomics, a branch of biotechnology that uses DNA to try to treat or eliminate diseases like cancer. Largely, these groups underperformed last year but are making a rapid comeback. The top five best-performing ETFs in 2019 are:
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