It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.Marketsread more
The Federal Reserve is expected to cut interest rates multiple times this year, but the reason behind those cuts could have vastly different implications for the stock market.Marketsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according...Retailread more
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays...Technologyread more
New England Patriots owner Robert Kraft is looking for the look in quarterback Tom Brady's eyes ahead of Sunday night's Super Bowl against the Philadelphia Eagles.
"I've had a ritual for the whole time that Tommy's been playing where I see him right at his locker before the game and we have a little chat," the chairman and CEO of the Kraft Group said Friday on CNBC's "Squawk Box " "I can usually look in his eyes and usually see how we're going to do."
The New England Patriots, the betting favorites in Sunday night's Super Bowl against the Philadelphia Eagles, are aiming for their sixth NFL championship. If they prevail, they would tie the Pittsburgh Steelers' mark for the most Super Bowl victories.
Brady led the Patriots back from a 10-point, fourth-quarter deficit to beat the Jacksonville Jaguars 24-20 in the AFC championship game two weeks ago. The Patriots quarterback is recovering from a lacerated right hand, which he injured last month.
Kraft said Friday that Brady's hand is pretty good shape. He added that the star quarterback, who was drafted to the team nearly two decades ago in 2000, can play for the team for as long as he wants.
"I don't think there's any other franchise that's had a quarterback that long," Kraft said. "We collect good people and we create continuity."
"The bottom line is that [Brady] wins," Kraft added.
Kraft became the chairman and CEO of the Patriots when he took ownership of the team in 1994. That year, the Patriots qualified for the playoffs for the first time in eight seasons.
The NFL's core audience is losing interest rapidly, a Wall Street Journal/NBC News poll found. Fans are following the sport less closely, the poll found, even among key demographics such as young men.
When asked about changing consumer behavior and the rise of streaming platforms, such as Netflix, Kraft didn't appear too worried. He said his company plans to work with those platforms.
"However we can bring a product that the consumer wants to them," he said.
From a business perspective, Kraft spoke on what a sixth Super Bowl win would mean for the New England Patriots franchise.
Winning the Super Bowl "enhances your brand," Kraft said, adding fans "want to be connected to you, they want to buy your gear."
—The Associated Press contributed to this report.
Disclosure: NBC Sports is televising Sunday's Super Bowl.