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The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Bryn Mawr Trust CIO Jeffrey Mills lists where to put money to work as Wall Street copes with trade war and recession jitters.Futures Nowread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
Netflix's quarterly earnings report raised "several red flags" that will likely keep the stock range-bound over the next few quarters, a tech analyst told CNBC on Thursday.
Victor Anthony, managing director and internet analyst at Aegis Capital, said that the loss of paid domestic subscribers due in part to the streaming giant's "aggressive" regional price increases was a concern. Netflix's original content slate and looming competition from new streaming platforms could cause investors to pause, he said.
"What happens when competition does become a factor?" Anthony said in an interview with "Closing Bell. " "That could be a meaningful challenge for Netflix and their ability to grow [subscribers.]"
Anthony said it might be time for investors to consider taking profits in Netflix.
Shares of Netflix closed down more than 10% on Thursday, a day after its second-quarter earnings report showed a loss in U.S. subscribers and a large miss on international adds. The company blamed price increases, a weak slate of original content and a "pull-forward effect" from a particularly strong first quarter.
It expects the third quarter will be strong as consumers rush to watch the third season of hit show "Stranger Things."
The report comes at an uncertain time for Netflix. It will lose two of it's most most-watched shows, "The Office" and "Friends." It also faces the threat of new streaming content from competitors such as Disney.
Anthont said it's possible these new platforms could be "complementary" to Netflix but it's still unknown.
"Can consumers pay for multiple different streaming options? ... we haven't really tested that in the market yet," he said.
Michael Graham, senior internet analyst at Canaccord Genuity, said he isn't as concerned about new competition, telling CNBC that Netflix could do very well "in that content battle."
"There's no single show on Netflix that accounts for 2 or 3% of its streaming hours, so it's hard for me to see a scenario where consumers are sort of anticipating the loss of 'Friends,'" he said in the same "Closing Bell" segment.