Oil prices fell more than 5% in a sudden move on Tuesday after report said Saudi Arabia's oil production will restore to normal levels faster than initially expected.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
After two years working on Amazon's Rekognition technology, Humphrey Chen left to become product chief at VidMob and put the software into action.Technologyread more
Walmart likely discriminated against dozens of female workers in its stores, according to a Tuesday report from the Wall Street Journal.Retailread more
Canaccord Genuity's Tony Dwyer says Americans are spending less than ever on their fuel needs.Trading Nationread more
U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production.Economyread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
The service will debut in April with pricing to be announced closer to the launch data, NBCUniversal says.Technologyread more
I'm always on the lookout to buy shares of cloud computing leaders at reasonable prices. In my Platinum Portfolio, I've owned cloud powerhouses Amazon.com (AMZN), Alphabet (GOOGL) and Microsoft (MSFT). I recently sold AMZN at a big profit, but, frankly, I unloaded it too soon. I still hold GOOGL.
Since I had too much cash in my model portfolio after selling NXP Semiconductors (NXPI) last week after the stock vaulted +26 percent on rumors of a potential acquisition by QUALCOMM (QCOM), I decided to put some of that money to work.