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
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 said the airline industry will need 44,040 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Sotheby's announced Monday that it's signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread 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
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
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
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
The top court scrapped a ruling from the Oregon Court of Appeals in favor of the same-sex couple. The owners of the bakery, which refused the make the cake due to religious...Politicsread 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
The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high costs of...Real Estateread more
Heron Therapeutics: "I think we have to be careful, frankly, because I'd rather see you buy Canopy [Growth] because that's a non-opioid painkiller if there ever were one. Canopy was being used to be able to get short the entire plethora of all these pot stocks in Canada and Canopy's incredibly cheap with a lot of cash underneath. I'd rather see you own that stock. "
Realty Income Corp.: "No. If I'm going to go with a real estate investment trust, I'm going to go where I think that there is now no longer a surfeit of properties. That's nursing homes, and I want to buy Ventas, [which has a] 5.7 percent yield. "
KLX Energy Services Holdings, Inc.: "I think that [a price-to-earnings multiple of 3] means that it's the absolute peak, and if I were you, I would sell, sell, sell."
STMicroelectronics N.V.: "Commodity play. No interest in it whatsoever. I've got some very good semiconductor [stocks] like Texas Instruments that are down really bad after the close. Can't make a judgment on why to buy STMicro."
Fifth Third Bancorp: "I will tell you that I saw this group put in a bottom today and I think you can actually finally pick up some Fifth Third. It's been a hideous, hideous decline for these stocks and I think the decline is being put in in the same way I think that the bottom in housing [stocks] is being put in."
LKQ Corp.: "No, you can't sell it down here. This stock is in a house of pain, but it's really ridiculous. It shouldn't be this low. It's a pretty good company. It's got a very low [price-to-earnings multiple]. I would be a buyer."