Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
Stocks in Asia mostly recovered in Tuesday afternoon trade as investors cheered a reprieve in U.S.-China trade tensions surrounding Chinese telecommunications giant Huawei.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
Huya, a Chinese live streaming platform focused on gaming, is looking to expand into the U.S. in the next couple of years, CEO Rongjie Dong told CNBC. The U.S. is expected to...Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
Barnes & Noble: "I'm going to say something I typically wouldn't say, but it does feel like it's getting a bid or something, because it just goes up, up and up and yet the fundamentals are not great. So, I don't want to recommend a stock on a takeover basis, but I see what's happening and it seems pretty positive."
TE Connectivity Ltd.: "It's interesting. It's not great. It does network solutions, got a little cable stuff in it. It's not compelling enough for me to pound the table."
Adobe Inc.: "I cannot recommend this stock on a short-term basis because … I recommended it at $50. It's at $250. I think you buy some and then you wait for it to come down because we're not going to play the quarterly game. The quarter's going to be good, but stocks aren't reacting to the quarter. They're reacting to the Fed. They're reacting to the president. That's not certain enough for me."
Global Blood Therapeutics Inc.: "It's had a very big run and it's coming back down. I think you sold half and now portfolio management would say, 'You know what? Let the rest run.'"
Activision Blizzard Inc.: "It has to do with Call of Duty. People think it's not doing that well. I wish [CEO] Bobby Kotick would come on."