CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-day period than it ever has...Retailread more
The news comes after eBay announced a strategic portfolio review on March 1.The Faber Reportread more
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.Trading Nationread more
Ascending triangle patterns have been appearing across the stock market, and they tend to be precursors to higher prices, says Miller Tabak's Matt Maley.Trading Nationread more
Netflix reports earnings Wednesday as it loses licensed shows to rivals launching their own streaming services.Technologyread more
Hedge fund manager Kyle Bass reportedly thinks that U.S. interest rates will plummet toward zero in 2020 as the economy heads for recession.Hedge Fundsread more
Shares of beauty and wellness products company Nu Skin tanked on Wednesday after the company said China's crackdown on health products is weighing on sales.Investingread more
Buying stocks when they are this expensive has historically led to lower returns, data compiled by Ned Davis Research shows.Marketsread more
Tesla Motors CEO Elon Musk told Dow Jones on Tuesday the company has no plans to disable its Autopilot system in its cars.
The National Highway Traffic Safety Administration has opened an investigation into the role Autopilot might have played in a fatal accident. On Tuesday, the agency publicly disclosed a letter outlining several questions for the company.
The company sees Autopilot as a "lifesaving technology" according to Dow Jones, and said it will "redouble its efforts to educate customers."
The Wall Street Journal reported Monday that the Securities and Exchange Commission is also investigating the company over whether Tesla broke securities laws by failing to disclose the crash to investors in a recent filing, citing an anonymous source "familiar with the matter."
A representative for Tesla told CNBC Monday night that the company had not heard anything from the SEC yet.
A representative for the SEC declined to comment on the matter on Tuesday.