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Monthly Archives: November 2019

Big changes could be coming to your finances in 2020

A Woman jogs past the U.S. Capitol in Washington, October 24, 2019. Siphiwe Sibeko | Reuters Washington can feel pretty gridlocked these days, with the impeachment proceedings against President Trump dividing politicians by party lines. Still, both Republicans and Democrats have rallied around a number of bills that could deliver …

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Jefferies has a ‘black swan’ warning for the video game industry

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The addictive nature of video games, designed to keep players in the game for as long as possible, may make investors happy, but some are now warning …

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Disney, Walmart, Nike Starbucks ave crushed fears of disruption

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Let’s call them the undisrupted champions of Wall Street. A small group of enormous, elite consumer companies — once seen as vulnerable to onrushing digital disruption and …

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Janus fund manager who is up more than 30% breaks down his strategy

Nick Schommer, Janus Henderson Source: Janus Henderson (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Being a contrarian can make someone seem like a genius or idiotic. For Nick Schommer, it has been the former this …

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Kohl’s, Target and Macy’s earnings — plus trade

Major market indexes capped off another week of strong finishes, punctuated by the Dow Jones Industrial Average eclipsing 28,000 for the first time en route to a record close. But CNBC’s Jim Cramer is already looking at what is on the horizon, including potential developments in the trade war. “After …

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retail earnings, trade update, Aramco IPO

Chinese President Xi Jinping (R) and US President Donald Trump attend their bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. Brendan Smialowski | AFP | Getty Images Here are the most important things to know about Monday before you hit the door. 1. …

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Why Movie Musicals Work – The New York Times

THE MOVIE MUSICAL! By Jeanine Basinger There’s a particularly poignant scene in “Stormy Weather” (1943), one of the great all-black musicals made during the studio era, in which the bandleader Cab Calloway has his orchestra play the title song before a crowd of nightclub patrons. The curtain opens on Lena …

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Warren Buffett’s bank-heavy stock portfolio shows signs of rebound

Shares of RH surged Friday after word that Warren Buffett’s Berkshire Hathaway had bought a stake in the furniture retailer. What the crowd piling into the company formerly known as Restoration Hardware doesn’t realize is that the Oracle of Omaha has been on a bit of a cold streak. The …

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UnitedHealth is the best stock to play catch-up to the Dow rally

The Dow Jones Industrial Average just hit a fresh record, but under the hood it’s more complicated. Eleven Dow stocks, or more than a third of its components, are still in a correction or worse – those include Cisco, 3M, Pfizer, Exxon Mobil, Boeing and UnitedHealth among others. Two traders agree …

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The analyst who sniffed out Buffett and Icahn moves believes someone big is buying Netflix

The analyst who uncovered Carl Icahn’s recent purchase of HP and Warren Buffett’s backing of Occidental Petroleum now says a big investor may be sniffing around Netflix. Don Bilson, head of event-driven research at Gordon Haskett, said it looks like Nomura Holdings picked up 1.89 million Netflix shares in the …

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