Investing

Edgar Su | Reuters A woman pays for her coffee with cryptocurrency at Ducatus cafe, the first cashless cafe that accepts cryptocurrencies such as Bitcoin, in Singapore December 21, 2017. Just over a month ago, the ARK Innovation ETF (ARKK) took home ETF.com’s “ETF Of The Year” award for delivering on its purpose of serving
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Oil prices are surging this year, and the last decade shows that several energy stocks have performed well during similar periods of rising crude prices. The outperformers run the gamut, from refiners like Andeavor and Phillips 66, to independent U.S. drillers like Concho Resources and Pioneer Natural Resources, down to drilling contractors like Helmerich and
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Closely followed trader Art Cashin said that he won’t be too worried about the stock market’s move lower Tuesday as long as the S&P 500 doesn’t break a certain level. “For now, we’ll call it a consolidation until it begins to worsen,” Cashin, UBS director of floor operations at the New York Stock Exchange, said
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With the stock market locking in the largest weekly gain since March, CNBC’s Jim Cramer wondered if newfound optimism around trade and U.S.-China relations could continue. “To some degree, I think that’s wishful thinking,” the “Mad Money” host admitted on Friday. “But, hey, wishful thinking worked when it came to the unlikely progress between North
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Walmart: Calling Walmart’s recent $16 billion investment in Indian e-commerce play Flipkart “one of the gutsiest moves this company has ever made,” Cramer said the stock’s weakness in response was “ridiculous.” “With China dominated by Alibaba and the U.S. the province of Amazon, Walmart needed to try to take a piece of the second-most-populous country
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Health-care stocks whipsawed on Friday as President Donald Trump unveiled his long-awaited plan to lower prescription drug prices, dubbed “American Patients First.” The sector briefly turned negative before closing 1.5 percent higher. Shares of Express Scripts and CVS both hit session lows before rising 2.6 percent and 3.2 percent, respectively. Dow Jones industrial average components
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Prices for many prescription drugs may be high, but CNBC’s Jim Cramer argued Friday they might be worth the cost. “Some of the drugs are lifesaving,” Cramer said on “Squawk on the Street.” “That’s very hard to put a price on.” Cramer’s comments came ahead of President Donald Trump‘s scheduled announcement Friday afternoon of a
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Longtime value investor Whitney George believes Apple’s market capitalization is worth at least $1 trillion. In an exclusive interview for CNBC PRO with Mike Santoli, Whitney said that the iPhone maker’s stock remains “remarkably inexpensive.” “Apple to me is still worth $200 at a minimum, and that’s assuming flat operating income for the next couple
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