Home / 2018 / January (page 12)

Monthly Archives: January 2018

Optimism about stocks is not unrealistic: JP Morgan’s Mary Erdoes

Ander Gillenea | AFP | Getty Images A man incarnating a ‘Toro de Fuego’ (bull of fire) chases people during the San Fermin Festival on July 8, 2017, in Pamplona, Spain. J.P. Morgan Asset Management CEO Mary Erdoes on Friday gave a bullish case for stocks, saying optimism about the …

Read More »

Bitcoin, cryptocurrencies are assets, not money

Jason Alden | Bloomberg via Getty Images Cecilia Skingsley, deputy governor of Riksbank, speaking at a Bloomberg panel in Davos. Bitcoin and other cryptocurrencies are “not a very good version of money” due to their volatile nature, the deputy governor of Sweden’s central bank said Thursday. Cecilia Skingsley said that …

Read More »

Joseph Kennedy III to give Democratic response to Trump’s State of the Union address

Jonathan Ernst | Reuters A U.S. flag on a vehicle flutters as the sun sets behind the U.S. Capitol dome in the hours before President Barack Obama delivers the State of the Union address to a joint session of Congress in Washington January 12, 2016. Massachusetts Rep. Joseph Kennedy III …

Read More »

Europe has a financial problem, says top EU official

Dursun Aydemir | Anadolu Agency | Getty Images European Commission Vice-President for Jobs, Growth, Investment and Competitiveness, Jyrki Katainen Brexit is leaving the European Union with a big problem on its hands and a “very tough” negotiation ahead, European Commission Vice-President Jyrki Katainen told CNBC on Friday. The U.K. has …

Read More »

Dell is said to be considering strategic options including IPO

Drew Angerer | Getty Images Michael Dell, CEO of Dell Inc., attends the annual Allen & Company Sun Valley Conference on July 8, 2016. PC-maker Dell Technologies is considering strategic options including a public share offering or a deal with its majority owned New York-listed unit, VMware, according to media …

Read More »

After-hours buzz: INTC, SBUX & more

David Paul Morris | Bloomberg | Getty Images Brian Krzanich, chief executive officer of Intel Corp., holds up a 49-qubit superconducting quantum test chip named ‘Tangle Lake’ while speaking during a keynote address at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Monday, Jan. 8, 2018. …

Read More »

Trump will support path to citizenship for DACA Dreamer immigrants

Nicholas Kamm | AFP | Getty Images President Donald Trump at the World Economic Forum (WEF) annual meeting in Davos, eastern Switzerland, on January 25, 2018. Slow progress on reaching a bipartisan immigration deal contributed to Congress letting government funding lapse recently for three days. Senators expressed dismay that Trump’s …

Read More »

Facebook tells Senate its software recommended Russian propaganda

Jonathan Ernst | Reuters Colin Stretch, general counsel for Facebook arrives to testify before Senate Judiciary Crime and Terrorism Subcommittee hearing on on “ways to combat and reduce the amount of Russian propaganda and extremist content online,” on Capitol Hill in Washington, U.S., October 31, 2017. Facebook admitted this month …

Read More »

Trump’s focusing on the wrong thing in trade talk, says conservative analyst

Evan Vucci | AP President Donald Trump listens during a dinner with European business leaders at the World Economic Forum, Thursday, Jan. 25, 2018, in Davos. In an exclusive interview at the World Economic Forum in Davos, Switzerland, on Thursday Trump told CNBChe would reconsider the Trans-Pacific Partnership (TPP) trade …

Read More »

Alibaba has doubled in the last year, and it has more room to run, says trader

Alibaba hit a new record intraday high on Thursday, and TradingAnalysis.com founder Todd Gordon says the stock will see even more new highs when it reports earnings next Thursday. “The stock had been consolidating in September, October and right through the end of 2017,” he said Thursday on CNBC’s”Trading Nation.” …

Read More »