Michael Nagle | Bloomberg | Getty Images Stocks were set for a muted open on Wednesday even after House Speaker Nancy Pelosi said she will launch a formal impeachment inquiry on President Donald Trump. Dow Jones Industrial Average futures were up 14 points after the 6 p.m. open, implying a gain of 44 points at
The Netflix logo is seen on a mobile phone. Jaap Arriens | NurPhoto | Getty Images What a difference the past two months made for Netflix. It was just early July when the streaming video giant’s stock was flirting with new record highs. Now after an unexpected loss of subscribers and increased competition in the
CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big industrial just not doing well.” Smaller companies are faring OK because U.S. consumer activity, which accounts for two-thirds
Andrew Harrer | Bloomberg | Getty Images The world’s second-largest payment processor is approaching a decade-long run for the company’s stock. Shares of MasterCard are getting a boost, as U.S. consumers embrace the secular shift from cash to card, and more recently card to digital. MasterCard’s stock is up 46% this year, compared to the
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images For investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.
(L to R) Afsaneh Mashayekhi Beschloss, Clifton S. Robbins, and Dr. Rajiv Shah during a panel discussion at the 2019 Delivering Alpha conference on Sept. 19. 2019. Adam Jeffery | CNBC Several investors have been wary of incorporating environmental, social and governance standards into their strategies. However, two investors think increased attention to ESG will