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CTOs don’t trust the government to help in the event of a cyberattack

Cyberattacks are monitored at the U.S. Computer Emergency Readiness Team/National Cybersecurity and Communications Integration Center facility in Arlington, Virginia. But tech execs believe there is a disconnect on cybersecurity between the public and private sectors. Getty Images Technology executives don’t expect the government to help them if they’re hit by …

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Since 2009 this is how Dow, S&P have trended in second half of June

Stocks notched small gains on Monday as the major averages try for their third straight week of gains. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite have all logged gains of more than 5% in the past month through last Friday. But investors remain cautious and on the …

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The red-hot IPO market could mean bad news for future market returns

Beyond Meat CEO Ethan Brown (C) celebrates with guests after ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Drew Angerer | Getty Images The red-hot market for new public companies in 2019 like Beyond Meat and Chewy could spell bad news for the broader …

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Watch for Fed signals and Trump’s Twitter

Wall Street is still in wait-and-see mode as investors yearn for progress in trade talks with China and learn how tensions impact businesses, CNBC’s Jim Cramer said Friday. Shares of Broadcom tanked nearly $16 after the semiconductor giant said the trade war could dent operations by billions of dollars. The …

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Disney on pace to earn $9 billion at the global box office in 2019

Bob Iger Stephen Desaulniers | CNBC Disney has a shot at the impossible in 2019 — earning more than $9 billion at the global box office. The entertainment giant has been a box office behemoth for the last five years, setting and then smashing its own records in the film …

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Hours long wait for Harry Potter coaster at Universal in Orlando

An epic new addition to The Wizarding World of Harry Potter, Hagrid’s Magical Creatures Motorbike Adventure allows parkegoers to fly deep into the wilds of the Forbidden Forest, beyond the grounds of Hogwarts castle. Universal Within an hour of opening on Thursday, Universal’s newest Harry Potter ride in Orlando, Florida …

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Millionaires say they’ll pick Joe Biden over Donald Trump in 2020

Former U.S. vice president and current presidential candidate Joe Biden speaks during a campaign stop at the IBEW Local 490 in Concord, NH on June 4, 2019. Matthew J. Lee | Boston Globe | Getty Images American millionaires would elect Joe Biden over President Donald Trump if the former vice …

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Since 2009, when S&P passes 50-day moving average, stocks do this next

After logging its worst month since December, the S&P 500 bounced back to kick off the month of June, jumping 4.4%, its best week of 2019. In doing so, the index crossed back above its 50-day moving average. Through Monday, the Dow was up for six consecutive days as it …

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Most millionaires support tax on wealth above $50 million: CNBC survey

Democratic presidential candidate Senator Elizabeth Warren (D-MA) speaks at the Iowa Democratic Party’s Hall of Fame Dinner on June 9, 2019 in Cedar Rapids, Iowa. Scott Olson | Getty Images A majority of millionaires support Sen. Elizabeth Warren’s proposed tax on large wealth, according to a new survey. Fully 60% …

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The charts warn that stocks are due for a pullback, Jim Cramer says

Two market measures are showing signs that stocks have run too high, too fast, CNBC’s Jim Cramer said Tuesday. Comparing the action in the S&P 500 and the VIX — the CBOE Volatility Index that gauges investor sentiment — there is reason to wait before adding more holdings to a …

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