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Yearly Archives: 2019

6 best credit cards for Costco purchases

Costco shoppers are dedicated to the retailer’s bulk discounts and rotisserie chicken, but you need to make sure you have the right credit card before you shop there. Since 2016, Visa has been the exclusive credit card of Costco. That means you won’t be able to pay in-store with a …

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What advisors, investors could expect from a Schwab-TD Ameritrade deal

Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Financial advisors who hold their clients’ assets at TD Ameritrade are about to face a shake-up. Charles Schwab is in talks to purchase TD Ameritrade for $25 billion, and …

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DoorDash continues to lead in the food delivery wars

An exclusive partnership with Cheesecake Factory and deals to deliver for Chipotle Mexican Grill, Five Guys and other local restaurants made DoorDash the leader in U.S. meal delivery last month. According to data from consumer analytics firm Second Measure, DoorDash has 35% of the meal delivery market. Publicly traded rivals …

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Obscure ‘marble bubble’ stock which became the best performer on the globe just crashed 98%

Chinese deities statue ready for export to China are waiting in Sagyin (“marble”) village located near the white marble Sagyin quarries. White marble is extracted from Sagyin quarries for centuries. Thierry Falise | LightRocket | Getty Images The best-performing stock in the world just lost nearly all its value in …

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Video of SpaceX blows top off first Starship rocket in test

SpaceX was conducting a test of its first assembled Starship rocket on Wednesday in Texas when immense pressure burst the tank at the top of the spacecraft, sending pieces flying. “The purpose of today’s test was to pressurize systems to the max, so the outcome was not completely unexpected. There …

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There’s still time to change to your Medicare plan. Why that matters

Medicare beneficiaries have about two weeks left to evaluate their options for 2020 and make changes for the new year. While you don’t need to take any action if you want to stick with your current coverage, experts say it’s worthwhile making sure it will still suit your needs next …

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The RealReal’s ‘Faux and Tell’ discloses fakes published on the site

The RealReal’s stock plunged by nearly 11%, shaving off more than $202 million in market value, on the day a CNBC investigation revealed problems in the company’s authentication process. As of Tuesday’s market close, its stock is down 20.7% since the report on Nov. 5, or a loss of $384.5 …

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Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports …

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Charles Schwab in talks to buy TD Ameritrade, deal could be imminent

Charles Schwab is in talks to buy TD Ameritrade, a source told CNBC’s Becky Quick on Thursday. A deal could be announced as early as Thursday. A deal between Schwab and TD Ameritrade would create a behemoth with more than $5 trillion in combined assets, about $3.8 trillion from Schwab …

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Netflix is making a comeback against Disney in the streaming wars

Netflix may be shaking off its summer slump. Disney has taken the streaming wars by storm after debuting its Disney+ service among a pool of other competitors, but Mark Newton of Newton Advisors thinks Netflix can regain the crown after a sluggish few months. “The stock is down about 26% …

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