President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
As a company linked to crude oil prices, Tesla Motors has endured a remarkably volatile three months. Shares of the electric car maker hit a high of about $260 per share last November, only to dip to about $185 per share in January and mount a rally into February that left it just below $220 per share at Friday's close.
Wall Street is puzzled going into Tesla's fourth-quarter earnings announcement on Wednesday, and CNBC "Fast Money" trader Guy Adami called the results "a coin flip." Adami and other "Fast Money" traders stressed caution ahead of Tesla earnings.
The stock has "ripped" recently, said trader Brian Kelly. Despite the surge, he wouldn't take any "large position" in Tesla.
"If anything maybe you can buy some calls if you think it's going up. I would much rather buy this on a pullback," Kelly said.
Adami also advised against taking a "huge position" because of the uncertainty surrounding earnings. Trader Tim Seymour added that "the Street doesn't know what they're going to do."
He argued that investors should wait for the stock to slip lower before jumping into the stock.
"It breaks [$180 per share]. In the meantime, that is where you play for," Seymour said.
Trader Steve Grasso noted that if earnings disappoint, shares could quickly fall below $200.
Tim Seymour is long AAPL, BAC, BX, C, DIS, F, GE, GM, GOOGL, INTC and SUNE. Tim's firm is long BABA, BIDU, CCU, DSKY, FCX, KNDI, LUKOY, MCD, NKE, NOK, SINA, SBUX, TSL and VIP.
Steve Grasso is long AAPL, BA, CLVS, EVGN, FB, GDX, GOOGL, IMMR, KBH, KDUS, MHY, MJNA, NVIV, PFE, POT, SO, T, TMUS, TWTR and YHOO. His firm is long AMZN, FCX, NE, NEM, VALE, RIG and OXY. His kids are long EFG, EFA, EWJ, IJR and SPY.
Brian Kelly is long BTC=, U.S. dollar, CTRL calls, HYG puts, BBRY call spreads and TLT. He is short EWA, EWG, EWQ, EWZ, EWW, Australian dollar, British pound, Canadian dollar, yen and Yuan. Today, he bought TLT.
Guy Adami is long CELG, EXAS and INTC. Guy Adami's wife, Linda Snow, works at Merck.