Going into earnings season investors were excited about the strong economy and benefits from tax cuts. Many predicted good stock performance would broaden out to all sectors from solid profit growth. But investors are still huddling in the same high-growth technology names like FANG stocks with the S&P 500 roughly …

For the past 10 years, the investment story on Apple was fairly straightforward. Investors and analysts only cared about how many iPhones it sold. And while that’s still the primary metric for the company’s success, it is no longer the only metric. The Apple story is more diversified than the …

Matteo Ciambelli/NurPhoto via Getty Images Emmanuel Macton, Jean-Claude Juncker and Angela Merkel have all supported the idea of a new finance minister overseeing the eurozone The creation of a euro zone finance minister could “damage the reputation” of the economic bloc, a think tank warned Wednesday. The Centre for European …

CNBC’s Jim Cramer was unimpressed by the performance of Snap’s leaders on the company’s post-earnings (er, post-loss) call with analysts on Tuesday night. “I thought this was a ‘Saturday Night Live’ parody of a conference call,” Cramer said Wednesday morning. “I just didn’t think it had anything like a real …

Michael Nagle | Bloomberg | Getty Images Pedestrians pass in front of Snap Inc. signage displayed on the exterior of the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, U.S., on Thursday, March 2, 2017. Shares of social media company Snap plummeted by …

Shannon Stapleton | Reuters A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York, U.S., November 30, 2017. CVS Health posted a better-than-expected first-quarter profit on Wednesday, helped by higher sales of prescription drugs at its stores, sending its shares up 4.3 percent in …

Andrew Kelly | Reuters President-elect Donald Trump and musician Kanye West pose for media at Trump Tower in Manhattan, New York City, U.S., December 13, 2016. Kanye West, continuing his controversy tour 2018, spoke Tuesday to TMZ Live about slavery, free thought and his love for President Trump. On the …

Alexandria Sage | Reuters Tesla CEO Elon Musk shows off the Tesla Semi as he unveils the company’s new electric semi truck during a presentation in Hawthorne, California, U.S., November 16, 2017. Nikola Motor Co, which makes hydrogen-powered semi trucks, filed a lawsuit on Tuesday against electric automaker Tesla Inc …

David Ryder | Getty Images Jeff Bezos, Amazon.com founder and CEO Amazon has made a formal offer to buy a majority stake in Indian e-commerce firm Flipkart, CNBC affiliate CNBC TV-18 reported Wednesday, citing sources. The U.S. e-commerce giant has offered to purchase a 60 percent stake in Flipkart. As …

Simon Dawson/Bloomberg/Getty Images The Saudi Stock Exchange, also known as the Tadawul All Share Index, in Riyadh, Saudi Arabia The world’s largest initial public offering (IPO) will radically transform the way in which Saudi Arabia’s economy operates, according to the chief executive of the Saudi Stock Exchange. So far, Saudi …