The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Technology stocks jumped Monday, scratching back after nearly two months of losses. Nvidia and Alphabet led gains.
The five FAANG stocks – Facebook, Amazon, Apple, Netflix and Google-parent Alphabet – all closed up more than 1 percent in trading. Nvidia also climbed 5.6 percent, after Credit Suisse gave the chipmaker an outperform rating.
Credit Suisse said Nvidia's stock getting slashed nearly in half over the last eight weeks provides "an extremely compelling entry point." The latest earnings report "was disappointing," the firm said, and Nvidia "will like take time" to turn around. Nvidia "could be significant underestimating the opportunity" from new markets.
Investors fled equities last week, with the widely held and tech heavy Invesco QQQ seeing more than $1 billion in outflows, according to Jefferies. Nearly half of the QQQ outflows were in technology shares, not including other technology-related names like Amazon. The QQQ jumped 2 percent Monday morning.
Overall, tech stocks have taken a beating since the beginning of October. The FAANG stocks fell into a bear market last week, each declining more than 20 percent from recent highs. Since their respective 52-week highs, the FAANG stocks had also lost more than $1 trillion in market value by Tuesday.