Finance

Luke Sharrett | Bloomberg | Getty Images Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Bank of America Merrill Lynch is getting less optimistic on Chevron shares due …

Stephen Lam | Reuters A parking lot of predominantly new Tesla Model 3 electric vehicles is seen in Richmond, California, U.S. June 22, 2018. Oppenheimer believes Telsa will meet its third-quarter targets for Model 3 production and profitability. The firm reiterated its outperform rating for the electric car maker’s shares, …

Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix Inc. Investors should buy the recent dip in Netflix shares due to its dominant position in the streaming video market, according to RBC Capital Markets. The firm raised it price target for Netflix shares to $440 …

Yu Chun Christopher Wong | S3studio | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin, is seen on September 04 2018 in Hong Kong, Hong Kong. Bitcoin prices continued to take a hit on Thursday morning Asia time, following a report that Goldman Sachs was dropping its plans for …

Pressure from a key technical indicator could be why Netflix shares are falling, according to a chart analyst. Netflix shares are down 4.9 percent Wednesday. Bespoke Investment Group told its clients Netflix’s inability to stay over an important moving average may have contributed to its sharp decline. “The FAANG trade …

Goldman Sachs is dropping its plan to open a trading desk for cryptocurrencies, Business Insider reported Wednesday, as the firm sees the regulatory environment as ambiguous. Bitcoin fell 5.3 percent Wednesday after the report, according to Coinbase data. The Wall Street bank has been considering the launch of a new …

The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw recommends a call spread in Apple Dan Nathan likes Electronic Arts Mike Khouw recommends a call spread in Amazon Trader disclosure: Mike Khouw is long S&P, HAL. Bearish on TSLA. Dan Nathan is long …

The market may begin looking different after Labor Day. Even though stocks just completed a banner month, the Economic Cycle Research Institute’s Lakshman Achuthan is waving a warning flag. Achuthan believes there’s a heightened risk of a sell-off that could wipe out the recent all-time highs. He used a special …

Emile Wamsteker | Bloomberg | Getty Images A customer exits a Big Lots store in Clifton, New Jersey. Shares of Big Lots plunged in premarket trading Friday after the discount retailer reported second-quarter earnings that fell short of Wall Street expectations. The company’s stock dropped more than 10 percent before …

Getty Images National Rifle Association members look over pistols in the Smith & Wesson display at the 146th NRA Annual Meetings & Exhibits on April 29, 2017 in Atlanta, Georgia. Check out the companies making headlines after the bell: American Outdoor Brands shares skyrocketed 20 percent in the extended session …