Investing

Danny Moses, a legendary investor who shorted subprime loans prior to the financial crisis in 2008, told CNBC that the cannabis industry in America has the makings for a big long. “I’ve never seen a sector have the political tailwinds, the economic tailwinds, and the wellness tailwinds that this sector potentially has,” he said on
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Some of the best investments that Silicon Valley has been chasing after can be found on just one stock: Softbank, hedge funder Glen Kacher told CNBC on Wednesday. The founder and chief investment officer of Light Street Capital, based in Palo Alto, California, called the Japanese conglomerate an “incredible opportunity.” SoftBank is the firm’s largest
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During a recent “Ask the Traders” segment on Halftime Report, Virtus Investment Partners chief market strategist and CNBC Contributor Joe Terranova shared his recommendations about how young investors should be allocated. We followed up with Joe after the show for additional insights. CNBC: How can young investors diversify their portfolios? Joe Terranova: It’s important to
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CNBC’s Jim Cramer said Wall Street has misread Spotify‘s latest earnings report and guidance, and that misunderstood stocks like these give investors an opportunity to make some money. On his show Friday, the “Mad Money” host called out stock analysts like Everscore ISI’s Anthony DiClemente who have downgraded the equity over concerns about subscriber growth.
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For car aficionados that have always wanted to own a fancy trophy car without having to shell out hundreds of thousands of dollars for the privilege, a financial technology upstart has come up with the perfect solution. Rally Rd, a New York-based fintech company that allows small investors to invest in rare collectibles, is giving
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There’s one thing the record 35-day government shutdown made clear: Americans aren’t saving for a rainy day. “The partial government shutdown serves as a wake-up call that emergency savings must be made a more serious priority,” said Mark Hamrick, senior economic analyst at Bankrate.com. Over three-quarters of all full-time workers are living paycheck to paycheck,
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Bank of America CEO Brian Moynihan got a 15 percent raise, the biggest increase among bank chiefs to disclose pay so far, after the lender reported record earnings last year. Moynihan’s compensation rose to $26.5 million from $23 million in 2017, according to a regulatory filing Friday. That includes a $1.5 million salary and $25
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Chipotle reports fourth-quarter earnings after the bell Wednesday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings per share: $1.37 per share Revenue: $1.19 billion Same-store sales growth: 4.49 percent Thanks to CEO Brian Niccol’s popularity with investors, Chipotle’s stock had its best year since 2013 last year, with
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