Wall Street sees Amazon rejoining the trillion-dollar club later this year
Jeff Bezos CEO of Amazon.Joe Klamar | AFP | Getty ImagesThere's an exclusive club on Wall Street and it might let Amazon back in this year.The so-called trillion-dollar club, which includes tech giants...
Stanley Druckenmiller is still bullish the market because of the Fed and Trump
Hedge fund manager Stanley Druckenmiller said Friday that he agrees with fellow billionaire investor David Tepper's optimism on the market and said he's still "riding the horse.""I revealed a very bullish posture intermediate term...
Analysts raise Apple price targets but warn inflated expectations 'may make the music stop'
FAANG stocks displayed at the Nasdaq.Adam Jeffery | CNBCMorgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant's shares continue to surge.However, the latter cautioned...
Apple and Tesla may be market darlings, but hedge funds are betting big they'll...
The Tesla logo is seen on the Apple iPhone case in Santa Monica, California.Patrick T. Fallon | Bloomberg | Getty ImagesElon Musk's electric automaker Tesla on Wednesday once again reclaimed its title as...
Jet builder Aerion expects to fly silent supersonic planes by 2024, unlocking a $40...
NEW YORK CITY – Supersonic air travel is only a few years from returning if a small U.S. company succeeds in developing its next-generation jet.Nevada-based Aerion expects to begin flying its AS2 supersonic...
Morgan Stanley shares jump after massive beat on fourth-quarter profit
Morgan Stanley shares popped after the firm exceeded analysts' profit estimates and each of its three main businesses produced more revenue than expected. The bank said Thursday that fourth-quarter profit surged 46% to $2.24 billion,...
JP Morgan's trading guru says the market is underappreciating the risk of a conflict...
The U.S.-Iran conflict appears to be in the rear-view mirror as stocks soar to record highs and the phase one signing of the U.S.-China trade deal takes center stage, but some are warning...
Goldman Sachs dumped its entire stake in Uber late last year
Dara KhosrowshahiPatrick T. Fallon | Bloomberg | Getty ImagesGoldman Sachs sold its entire stake in ride-hailing giant Uber in the fourth quarter, according to a person with direct knowledge of the move.The move,...
Bank of America beat analysts' profit estimate on rebound in bond-trading revenue
Bank of America posted profit that exceeded analysts' expectations on a rebound in trading revenue and as the company repurchased shares.The bank on Wednesday posted fourth-quarter profit of $7 billion, a 4% decline...
Beyond Meat is on the move again, trading in big swings and burning short...
Beyond Meat "Beyond Burger" patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Vegetarian alternatives to burgers and sausages, revived...