Are FANG stocks losing their luster? With the exception of Netflix, that basket of tech names has underperformed the market this month.
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Former Chinese Military Chief Sentenced to Life in Prison for CorruptionA Chinese military court sentenced a former top commander, Fang Fenghui, to life in prison for corruption, among the highest-ranking generals snared by Xi’s campaign to cleanse the military.
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Stock market rally lacks ‘deep roots’ warns Standard Life strategistOur call of the day, from Andrew Milligan, head of global strategy at Standard Life Investments , says some rather fickle money is backing the stock market gains we’ve seen since Christmas.
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A 5% to 10% correction is vital for this stock market, warns Jefferies strategistOur call of the day from Steven DeSanctis, equity strategist at Jefferies, says he doesn’t see “sustainable momentum” in the up and up action for stocks since the start of the year.
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There's a worrying split between stocks and bonds, and economists aren't sure which market is rightThe stock market is euphoric over the idea that a trade deal between the U.S. and China will fix the economy and boost earnings, but the bond market still sees uncertainty and a possible recession lurking.
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Despite sharp rebound, chart watcher Louise Yamada warns stocks aren't out of the woodsTechnician Louise Yamada says it's premature to determine whether the market downturn is securely in the past.
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Apple's biggest mistake under Tim Cook has been not buying Netflix, strategist saysA strategist told CNBC Friday that Apple needed to acquire a leading production studio to boost its services business with original content.
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Cannabis stocks mixed in choppy trade with Canopy Growth and Hexo in focusCannabis stocks were mixed on Tuesday, amid a flurry of announcements on the progress of medical and recreational-use bills around the U.S.
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