The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
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Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Shares of search giant Google have largely missed out on the rally this year, eking out a 3 percent year-to-date gain while the tech-heavy Nasdaq is up 7 percent over that time. But "Fast Money " trader Karen Finerman says now is the time to get in and she sees the stock rallying as much as 14 percent by the end of 2015
"I think we could see $625 without a lot of trouble later this year," said Finerman
The tech giant has been searching for more areas of growth by pouring money into self-driving cars and just this week adding a "buy" button to search results, but the stock has struggled to make any large strides forward.
"You have a world-class franchise, that really is a cash-flow machine," said Finerman.
Finerman sees three distinct reasons to buy the stock: a dividend or buyback, cost cutting measures, and a major acquisition. It's been rumored that companies such as Twitter and Netflix could be on Google's shopping list as its next big buy. The recent appointment of former Morgan Stanley CFO Ruth Porat has some Google watchers predicting a dividend or buyback.
Finerman is long Google.