|Day Low/High||203.10 / 205.47|
|52 Wk Low/High||123.02 / 218.62|
President Donald Trump added his voice to a growing list of regulators and lawmakers who are concerned with Facebook's plans to launch a global digital currency that could challenge U.S. dollar hegemony and put financial stability at risk.
Jim Cramer's got some advice for investors who aren't sure how to react to the Dow and the S&P hitting record highs earlier this week. He's also taking a close look at President Trump's tweets about Facebook's Libra and Jerome Powell's hesitation, and he has some thoughts about Amazon's Prime Day.
This matters: Why the sudden 'weakness' across European debt markets?
Surprise, surprise: Regulatory opposition toward digital currencies at home and abroad is rising against Facebook.
U.S. stock futures point to more records for Wall Street as investors continue to expect interest rate support from the Federal Reserve; Donald Trump isn't a fan of cryptocurrencies like Facebook's Libra; the program manager for Boeing's troubled 737 MAX program will retire; Volkswagen will inject $2.6 billion into Ford's self-driving unit, a report says.
President suggests Facebook would have to seek bank charter to proceed with its cryptocurrency plans.
The Dow & S&P 500 closed at record highs with the S&P barely missing ending the day above 3,000.
The launch of Libra is expected to help spur the adoption of cryptocurrencies and blockchain technology in general.
Bank of America says the higher-than-expected number of downloads in the second quarter should have led to stronger revenues.
Here's what to watch as Congress questions big tech executives over antitrust, privacy and more at next week's hearings on Capitol Hill.
Investors in mega-cap tech stocks don't seem to precisely know whether they want growth, value or income. But they know they love the dominance of these companies.
Trump has claimed that social media platforms are biased against his agenda.
France will press ahead with a planned tax on big U.S. tech companies, despite warnings of retaliation from the White House, as the proposed levy threatens to open yet another area of trade and business tension between the U.S. and Europe.
Amazon stock is hitting its highest levels since the beginning of the fourth quarter. Can they press higher to new highs before Prime Day later this month.
U.S. Rep. Maxine Waters, a California Democrat who heads the House Financial Services Committee, tells Federal Reserve Chair Jerome Powell that regulators aren't prepared for the emergence of cryptocurrencies, amid gnawing fears that Facebook's proposed digital currency, Libra, might serve to erode the supremacy of the U.S. dollar in the global financial system.
The problem is that the Fed's mission has moved beyond their mandate.
In a bid to compete with YouTube and Patreon, Facebook introduced a $4.99 per month 'fan subscription' option for video creators in 2018 and initially allowed creators to keep all of those revenues.
The deal drives home the importance of cutting-edge optical component and module technology to networking hardware vendors. It also might strengthen Cisco's sales pitch to cloud giants.
Jim discusses the Fed, Cisco's acquisition of Acacia, and provides some quick thoughts on several tech names.
A CUSIP number is Wall Street's bar code for security identification. Here's how it works.
Google and others have dabbled in robotics to little effect, but the emerging ecosystem of software tools and cheap robotic parts presages a wave of robot offerings from Big Tech companies.
With scalpers, service fees, and sellout times, today's concert-goers have plenty of obstacles standing in the way of seeing the artists they love, but here are 13 ways to see shows without breaking the bank.
Facebook could hit new all-time highs, but it needs to clear $200 and fill its post-earnings gap before doing so. Here's the setup.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Facebook Inc has taken over the #36 spot from NextEra Energy Inc , according to ETF Channel. Below is a chart of Facebook Inc versus NextEra Energy Inc plotting their respective rank within the S&P 500 over time (FB plotted in blue; NEE plotted in green): In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages.
Startup craze has been sweeping the globe for over a decade now. How can you get in on it, and more importantly, should you?
David Marcus, the Facebook exec in charge of Libra, defended the project amid widespread skepticism by lawmakers.
There are a number of RMPIA companies that will be beneficiaries of Back to School and holiday spending.
The Retail Industry Leaders Association, which represents 200 retailers including Walmart and Target, offered to help the FTC in antitrust probes targeting Big Tech.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.