These are the stocks posting the largest moves before the bell.Market Insiderread more
But the bank's net interest margin, a key metric of bank profitability, falls short of expectations.Financeread more
Citi Research has an 18-item checklist to identify whether global markets are entering into a "bear period."Investingread more
The CEO of railroad operator CSX is sounding alarm on the U.S. economy, calling it "unusual" and "puzzling" as it weighs on the company's shipping volumes.Marketsread more
"Here's what I think is true: Google refused to work for the Pentagon on artificial intelligence" and it works on AI in China, says Richard Clarke.Technologyread more
Buying stocks when they are this expensive has historically led to lower returns, data compiled by Ned Davis Research shows.Marketsread more
Microsoft's effort to catch Amazon Web Services in cloud got a major boost from a new deal with AT&T and an agreement to build out services for 5G.Technologyread more
Uber launches a shopping app with Cargo, an on-the-go convenience store. They already have been working together to put consoles selling snacks in cars.Retailread 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
I traffic in tech stocks. When they're good they're very good, but when they're bad, well, you know. Occupational hazard. I've learned lessons over the years and I have lashes on my back to prove it.
Academics tell you that the market is efficient, which means that a stock's price reflects all available information. I've been an adjunct finance professor since 2005 — I'm currently at Western Washington University — and I think that the efficient market theory is garbage.
Therefore, I suggest that you develop a sell discipline that forces you to dump stocks under certain conditions. "Discipline" means that it's a dispassionate, objective measure. Fall in love with your partner, your favorite sports team, or whatever else, but not your investments. This is particularly necessary for volatile stocks like those in tech.