Equities could fall sharply U.S.-China trade relations worsen, hedge-fund titan David Tepper warned Thursday. Tepper spoke with CNBC’s “Halftime Report” on Thursday. Tepper founded Appaloosa Management in 1993 and is known for making big calls on the market. Tepper told CNBC in January the bull market had more room to run, citing lower taxes and
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J.P. Morgan derivatives strategists recommended short term option bets on Masco, Carmax, C.H. Robinson, and Haliburton, based on their historic outperformance during post-hurricane rebuilding. Hurricane Florence is heading toward the coast of the Carolinas and is expected to dump high amounts of rain on the southeast U.S. when it makes landfall Friday. The bank said
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For investors seeking protection, dividend stocks offer significant advantages. Principally, they offer passive income that can either boost overall returns or help mitigate market volatility. Usually though, dividend-paying companies tend to be boring affairs. On the other hand, you can’t find anyone who isn’t at least somewhat interested in tech stocks. As we move deeper
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Facebook (NASDAQ:FB) saw its stock price fall over 2.4% again on Wednesday as the social media company continues to suffer amid user growth worries and growing concerns about government intervention. So what should investors do with Facebook stock as it sinks toward its late-March and early-April lows? What’s Going On With Facebook Stock? Last week,
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Alibaba (NYSE:BABA) has dominated headlines this week. On Monday, founder and executive chairman Jack Ma announced that he would step down in 2019 to “focus on philanthropy and education.” Then on Tuesday, the company announced that it is forming a joint venture with Russia’s sovereign wealth fund (RDIF), telecom firm MegaFon and internet company Mail.Ru. All
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Check out the companies making headlines after the bell: Pivotal Software shares tumbled more than 20 percent in after-hours trading despite reporting second-quarter earnings numbers that beat on both the top and bottom line. The San Francisco-based company reported revenues of $164.4 million, higher than the $158.2 million analysts expected. The company also reported a
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One of the market’s most promising secular growth narratives has been the rise of digital commerce. Within that growth narrative, one of the most promising sectors has been the digital payment platform industry. And, within that sector, one of the most promising stocks has been PayPal (NASDAQ:PYPL). Over the past year, PayPal stock is up
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