Market watcher Dan Suzuki warns that correction risks are rising, and there’s nothing the Federal Reserve can do about it. The Richard Bernstein Advisors portfolio strategist believes Wall Street is erroneously expecting that a July interest rate cut will propel stocks further into record territory. “When the Fed has historically …

Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images After spending $800 million in recent months to speed up package delivery, Amazon is seeing some signs of growth acceleration, …

Ruth Porat, Alphabet CFO Adam Galica | CNBC Entering its second-quarter earnings report on Thursday, Alphabet’s in a bit of a slump. The stock has dropped almost 10% in the past three months, leaving it up only about 9% for the year, dramatically underperforming its mega-cap tech peers and the …

Shares of PayPal fell as much as 6% in after-hours trading after the payments giant missed Wall Street’s estimates for second-quarter revenue and lowered its full-year guidance. PayPal’s revenue for the quarter rose to $4.31 billion, up 12% from a year earlier but still below Refinitiv consensus expectations of $4.33 …

Three weeks after Jeffrey Epstein was arrested on child sex trafficking charges, Democratic fundraising groups have remained silent on whether they will donate or give back contributions from the wealthy financier. Epstein started giving to these organizations just over two decades ago. He was first accused of sex crimes in …

A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Clothes piled high on tables. Clearance signs hanging from the ceiling. Promotions galore. Have you been to a department store lately? It might look something like that. It’s been a similar story for retail stocks. There’s a growing gap between …

Jerome Powell, chairman of the U.S. Federal Reserve, right, walks with Mario Draghi, president of the European Central Bank (ECB), during the spring meetings of the International Monetary Fund (IMF) and World Bank in Washington, D.C., U.S., on Friday, April 20, 2018. Andrew Harrer | Bloomberg | Getty Images With …

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, Jan. 30, 2019. Al Drago | Bloomberg | Getty Images Barclays is preparing clients for a range of outcomes ahead of the Federal …

A memory module by Samsung Electronics. SeongJoon Cho | Bloomberg | Getty Images Semiconductor stocks surged to record highs on Wednesday, boosted by a jump in Texas Instruments and Teradyne shares on blowout earnings. The VanEck Vectors Semiconductor ETF, which tracks 25 largest U.S.-listed chip companies, soared to a new …

Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images After Apple’s 30% surge this year so far, the tech giant still has room to run with the upcoming earnings release …