The best-performing sector in 2022 is not finished crushing it, says Citi, offering three stocks to buy

You can count on it, says our call of the day provided by Citigroup, though they say investors can’t expect as lofty returns. “We see market rotation into energy equities as having further to run, eve...

Paramount scraps deal to sell Simon & Schuster to Penguin

The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage on Nov. 2, 2021 in Corte Madera, California. The U.S. Department of Justice is suing Penguin Random House and Si...

LBank announces publishing of an auditable Merkle tree and Proof of Reserves (POF)

Global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gave a ...

Alibaba and Other Chinese Stocks Are Rallying Again. Why It Doesn’t Make Sense.

Chinese stocks rallied on Monday as investors continued to be optimistic that coronavirus rules would be eased, despite repeated messages from authorities that China would stay the course on “zero Cov...

Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.

As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after permits are a...

Opinion: This seasonal investing strategy is 100% accurate in the past 35 years — here are this year’s stocks to consider buying

As October winds down, it’s time to apply a tactic that’s as close to a “sure winner” as you’ll ever find in the stock market: Shop for stock bargains created by tax-loss selling. Mutual funds have un...

Dialysis company DaVita stock suffering worst day in 22 years after big profit miss, disappointing outlook

Shares of DaVita Inc. plummeted in active trading Friday, toward their worst performance in more than two decades, after the dialysis company reported third-quarter that fell well below expectations a...

Alibaba, JD, Baidu, and NIO Sink as China Tech Stocks Follow U.S. Selloff

Chinese technology stocks fell on Friday driving the Hang Seng Index to new lows. They seemed to be following U.S. investors who have fled from the sector after a string of disappointing earnings repo...

3 New Books For The Drink Obsessed

Three new books that make a strong case for cozy nights in Kate Dingwall Cozy season is here. Bets are, your couch and comfy clothes beckon you to cuddle up with a good book (and drink) to ride out th...

This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market

On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...

Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears

The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...

Buy BP and Exxon Stock. They Have a Surprisingly Green Future.

Just two years ago, the world’s giant oil producers seemed to be going the way of the typewriter industry. No one wanted oil—the price of a barrel fell below zero early in the pandemic. Exxon Mobil st...

Alibaba and Other China Stocks Jump as President Xi Reassures on Tech

Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...

Stocks Look Alluring for the Longer Term, say U.S. money managers

Patience in a volatile market like this year’s is a tall order. But it is the recipe for long-term success espoused by institutional investors in Barron’s latest Big Money poll. Big Money respondents ...

Rupert Murdoch explores reuniting Fox and News Corp

President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the In...

Christopher Columbus is the target in Stephen Graham Jones’ ‘Earthdivers’

“Earthdivers” writer Stephen Graham Jones at New York Comic Con on Oct. 7, 2022.  Mike Calia | CNBC NEW YORK – Even in fourth grade, Stephen Graham Jones thought the heroic story of Christ...

Not Ready to Go Full EV? Some Car Companies Bet Bigger on Hybrids

Demand for hybrid vehicles is hot, reinforcing the view from Toyota Motor Corp. and other auto makers that the gas-electric approach will play an important role even as the industry races toward fully...

Marvel, DC fans flock to Javits Center

Cosplayers dressed in Mandalorian armor and Black Widow pose for a photo during Day 4 of New York Comic Con 2021 at Jacob Javits Center on October 10, 2021 in New York City. ( Bryan Bedder | Getty Ima...

U.S. auto sales fall slightly in Q3, but GM is a bright spot

DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...

Chinese Tech Billionaire Richard Liu Settles Sexual-Assault Case in Minnesota

MINNEAPOLIS—A legal battle that Chinese feminists had seen as pivotal for the country’s embattled #MeToo movement ended abruptly just before a jury was set to hear the case in a Minnesota courtroom. R...

Opinion: Big selling wave in stocks makes for a buying opportunity, says Baron manager who has 20% of his fund’s assets in Tesla

Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21. That followed $51 billion in sales during the five weeks ending Sept. 7 — the b...

22 dividend stocks screened for quality and safety

Now that the S&P 500 has hit a new closing low for 2022, it is a good time to rerun a screen of low-volatility dividend stocks that may perform relatively better. An initial screen of the S&P ...

Hong Kong Shares Hit 11-Year Low. Alibaba and Tencent Lead Decline.

Text size Hong Kong’s Hang Seng index fell more than 3% on the week to reach its lowest level since October 2011. Bloomberg Hong Kong stocks ended a bleak week down more than 1% Friday, pushing ...

Alibaba Pours $1 Billion Into Cloud Computing. The Move Is Critical for Its Growth.

Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...

Why Alibaba Stock Is an Exception to Goldman’s US Market Preference

Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...

Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed

Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...

Why Alibaba, Other China Tech Stocks Are an Exception to Goldman Sachs’ Outlook

Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...

FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall

Updated Sept. 15, 2022 5:42 pm ET Listen to article (2 minutes) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes...

These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half

Short selling is a trading technique that gets especially popular during bear markets in stocks. Short selling — or betting on a decline in prices — can come to the fore if investors suspect a company...

Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever

David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...

Opinion: Billionaires typically own concentrated stock positions — this investor posted a 30-fold gain over 10 years on one little-known company

True or false: To build big wealth in the stock market, it pays to be widely diversified. If you guessed “true,” you might want to reconsider. Successful investors from Warren Buffett to Ron Baron tea...

Cheaper electric vehicles coming despite rising battery costs

WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came ...