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Monthly Archives: July 2018

Putin asked special counsel to ‘come and work’ with Russia, Trump says

Kevin Lamarque | Reuters President Donald Trump and Russia’s President Vladimir Putin hold a joint news conference after their meeting in Helsinki, Finland, July 16, 2018.  The White House did not immediately respond to CNBC’s request for comment. The special counsel declined to comment on Putin’s offer. In that response, …

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Dan Coats shoots back at Trump, who refused to side with him over Putin

Getty Images Acting FBI Director Andrew McCabe, Deputy Attorney General Rod Rosenstein, Director of National Intelligence Daniel Coats and National Security Agency Director Adm. Michael Rogers testify before the Senate Intelligence Committee in the Hart Senate Office Building on Capitol Hill June 7, 2017 in Washington, DC. Director of National …

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EU eyes Airbnb fines after possible consumer protections violations

John van Hasselt | Corbis | Getty Images Airbnb CEO Brian Chesky says that “enduring companies must not only do what’s good for shareholders but also what’s good for society.” The European Union told Airbnb on Monday to bring its terms and conditions into line with the bloc’s consumer rules …

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Goldman recommends these 5 highly profitable stocks, including Nvidia

David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, CEO, Nvidia Goldman Sachs is worried about rising commodity prices and higher wages, but the firm believes there is still an investment strategy that can outperform. The firm recommended companies with high profit margins and return on assets. That’s because …

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Oil tumbles as Mnuchin says oil buyers may get Iran sanctions waivers

Oil prices extended early losses on Monday, dropping more than $3 a barrel, after Treasury Secretary Steve Mnuchin said some crude importers may receive waivers to continue buying supplies from Iran, despite U.S. sanctions on the Middle Eastern country. “We want people to reduce oil purchases to zero, but in …

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Three red flags for Netflix ahead of its earnings report 

Netflix is scheduled to report earnings after the bell on Monday, but as much as the stock has surged this year, technician Craig Johnson of Piper Jaffray is warning investors against the streaming giant ahead of the event. “There’s a 9 percent implied volatility move coming into the quarter here,” …

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Here’s how much England’s 24-year-old captain Harry Kane earns 

Robbie Jay Barratt – AMA/Getty Images Harry Kane of England in action during the 2018 FIFA World Cup Russia Quarter Final match between Sweden and England at Samara Arena on July 7, 2018 in Samara, Russia. Kane joined Tottenham’s training academy in 2009 and played his first professional game in …

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Options strategies for the week: July 16

The “Options Action” traders share two options trading strategies to kick off the week. Carter Worth And Mike Khouw think Netflix is heading lower. Mike Khouw and Guy Adami recommend a put option in General Electric. Trader disclosure: On July 13, 2018, the following stocks and commodities mentioned or intended …

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Arconic shares jump on report of private equity firm’s buyout interest

Luke Sharrett | Bloomberg | Getty Images A worker loads an aluminum coil onto a loading dock at the Arconic manufacturing facility in Alcoa, Tennessee. Metals manufacturer Arconic shares spiked on Monday after a report released from The Wall Street Journal said the company was drawing interest from private equity …

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Britain’s May bows to Brexit pressure in parliament

Alberto Pezzali | NurPhoto | Getty Images British Prime Minister Theresa May leaves 10 Downing Street to makes her way to the Parliament as she attends Prime Minister Questions session (PMQs), London on July 4, 2018. (Photo by Alberto Pezzali/NurPhoto via Getty Images) Prime Minister Theresa May bowed to pressure …

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