China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
Aarti Borkar from IBM Security says artificial intelligence bias can exist at three levels: the program, the data and the people who design those AI systems.Cybersecurityread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
Mikaila Ulmer may be just 14 years old, but the Me & the Bees Lemonade founder knows a thing or two about business.Young Successread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
It's a good time to buy Facebook stocks because it's cheap and the embattled social media giant is about to beat expectations when it reports first quarter earnings on April 25, veteran strategist David Seaburg told CNBC on Thursday.
"It's inexpensive for the earnings growth trajectory they have. We did a study today that showed engagement hasn't pulled back," Cowen's head of equity sales trading told Power Lunch. "The engagement factor is staying still. Ad buyers are locked in. I think the earnings are going to be good. I think it's a catalyst for the stock to go higher."
"Zuckerberg — he's an arrogant guy. Let's just call it what it is," Seaburg said. "In my opinion, I think he wants to show the street something. I think he wants to put up a quarter that's incredibly incredibly polished and I think it's going to happen."
Facebook shares, which closed at $163.87 on Thursday, have dropped more than 11 percent over the past month on news that a political research firm, Cambridge Analytica, was able to access the personal data of millions of Facebook users for political marketing. Facebook is still up more than 17 percent over the past year, however.
Zuckerberg has been under intense scrutiny, testifying to Congressional lawmakers about Facebook's privacy practices. He was grilled about Facebook's fundamental business model, the way it uses data and what kind of regulation may be appropriate.
Seaburg acknowledged that his studies show Facebook engagement has trended downward quarter-over-quarter since the beginning of 2017.
"You have to look at it more year-over-year," he said. "Take the cyclicality out of the equation. I will say to you the surveys we've done from an ad buyer perspective and the clients we're talking to — they're really waiting for this quarter's earnings to come out."