The stock market sell-off is far from over, hedge-fund veteran Mark Yusko told CNBC on Tuesday. In fact, he sees a "long path" down between now and 2020. "This year is going to continue to melt slowly, like a melting ice cube. I think next year, with the economic slowdown, it...
Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The Frankfurt-listed stock was down 14% at one point during the session but trimmed losses to close 8.6% lower on Friday afternoon. The German lender’s Frankfurt-listed shares...
Vizio, one of the top sellers of high-definition TVs in the U.S., held its New York Stock Exchange debut on Thursday as the company lures investors for its battle with Roku, Amazon and Google in the fast-growing streaming market.
From 1965 to 2017, Berkshire Hathaway's stock grew by a compounded annual rate of 20.9%. That's enough to turn $1,000 into more than $23 million. Berkshire's incredible success is due in part to Warren Buffett's ability to identify undervalued stocks. Berkshire's chairman and CEO is arguably the best investor of...
A flawless track record spanning nearly eight decades for this market indicator offers a warning for Wall Street. The past two years have been night-and-day different for investors. In 2021, the benchmark S&P 500 (^GSPC 1.44%) endured no more than a 5% correction, with the Dow Jones Industrial Average (^DJI)...
The world’s oil billionaires became even richer in the first quarter of 2021, adding a combined net worth of US$51 billion to their fortunes as oil prices rallied and investor confidence in excessively punished oil stocks returned. According to...
Homeownership is a goal many folks strive for, and while it can be a smart financial decision, a large number of buyers inevitably wind up making some mistakes along the way. This especially holds true when you're buying your first home and are fairly new to the process. Here...
The increase in bitcoin's (BTC) dominance rate, or the largest cryptocurrency's share of the overall crypto market, has halted, hinting at the potential outperformance of alternative tokens known as altcoins ahead. Altcoins are any cryptocurrency other than bitcoin.
A year after the pandemic and the disagreement within OPEC+ over supply management crushed oil prices, the industry finds itself at an all-too-familiar crossroads: Will OPEC’s bet that U.S. shale’s “drill, baby, drill” is gone forever be right this time? Analysts seem...
A bear market in the so-called FAANG stocks - Wall Street's most popular trade going into the year - is pushing fund managers into searching for the next big growth companies that can lead the overall market higher. Shares of Facebook Inc (FB.O), Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Netflix...
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