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Updated: 13 hours 29 min ago

Cloud Migration Continues Hurting Hewlett Packard Enterprise Co Stock

Mon, 01/08/2018 - 11:46am

CEO Meg Whitman has done a tremendous job in transforming Hewlett Packard Enterprise Co (NYSE:HPE). During her tenure, which lasted about six years, HPE stock returned about 89%. Of course, this has involved pulling off the biggest divestiture in corporate history, which resulted in the split of the iconic HP Inc (NYSE:HPQ). Whitman slashed the overall headcount by 82,000 as well as initiated about $18 billion in dividends and buybacks.

Scene quiet before frenzy of big game, planned protests

Mon, 01/08/2018 - 11:41am

The scene was relatively quiet Monday morning around the stadium in downtown Atlanta where the College Football Playoff title game was set to be held. A light drizzle fell on some fans milling about, but ...

3 Energy Stocks to Buy for the Rest of 2018

Mon, 01/08/2018 - 11:00am

One of the emerging themes worthy of your attention is the potential for a commodity comeback, particularly in energy stocks. In the short run, we may be in for a few days of backing-and-filling or perhaps a pullback.

Ripple’s XRP cryptocurrency is plunging

Mon, 01/08/2018 - 10:39am

Ripple's XRP, the third largest cryptocurrency by market cap, slumped as much as 20% Monday morning as all three of the world’s largest digital tokens came under pressure.XRP is currently trading at $2.32, according to data from Markets Insider, and has a market cap of $90 billion, according to The token is now down 38% from its all-time high, set earlier this month. Coinmarketcap, a major provider of pricing data for cryptocurrencies, opted to exclude XRP prices from Korean exchanges in its data, which has added to the volatility. ...

Snap Stock’s Seesaw Is an Opportunity to Profit!

Mon, 01/08/2018 - 10:24am

Snap Inc (NYSE:SNAP) stock falls in and out of favor often on Wall Street. But judging by how long my 16-year-old and his friends spend on Snapchat, the app is still as popular as ever. This tells me that the original bullish thesis on Snap stock is alive and well.

Visa to raise 401(k) match in response to tax reform

Mon, 01/08/2018 - 10:07am

CNBC's Kayla Tausche reports that following tax reform, Visa is changing its 401(k) match policy for employees.

The Ugly Truth About Retirement Savings Shortfalls

Mon, 01/08/2018 - 10:05am

A new study notes the U.S. retirement savings shortfall is worse than even the most pessimistic onlookers may think. The study by the National Institute on Retirement Security, using data from the U.S. Federal Reserve, shows that retirement savings "are dangerously low" and that the U.S. retirement savings deficit is between $6.8 and $14 trillion. Worse, the median retirement account balance is $3,000 for all working-age households and $12,000 for near-retirement households, the study reports.

Bitcoin Is Tumbling Again

Mon, 01/08/2018 - 10:04am

Bitcoin slumped as much as 14 percent as the world’s largest cryptocurrency continues to be whipsawed by concerns about regulation and demand from Asia.

Here's Why DryShips Inc. Plunged a Stunning 99.9% in 2017

Mon, 01/08/2018 - 10:00am

An insurmountable wave of dilution washed over this shipping stock last year.

Rouhani Challenges Iran's Hardliners With Call for More Freedoms

Mon, 01/08/2018 - 9:42am

Iranian President Hassan Rouhani said the anger that led to a week of anti-government protests exposed the need for the greater freedoms he has long championed, as well as a stronger economy.

Sears Holdings' Store Closing Spree Continues: J.C. Penney Is Set to Benefit

Mon, 01/08/2018 - 9:40am

After closing roughly 400 stores during fiscal 2017, Sears Holdings has decided to close more than 100 additional locations this spring.

Supreme Court Orders New Look at Death Sentence After Racial Slur

Mon, 01/08/2018 - 9:37am

The U.S. Supreme Court ordered a new look at a Georgia inmate’s death sentence after a juror referred to the defendant using a racial slur.

U.S. Supreme Court Leaves Intact Mississippi Law Curbing Gay Rights

Mon, 01/08/2018 - 9:33am

The U.S. Supreme Court left intact a Mississippi law that lets businesses and government workers refuse on religious grounds to provide services to gay and transgender people.

3 lessons I learned from the Tibetan monk who works with the Dalai Lama and went viral as 'the happiest man alive'

Mon, 01/08/2018 - 9:24am

Matthieu Ricard is not someone who uses spirituality as a way to get famous — in fact, learning to accept the fame that's been given to him and use it as an opportunity for good was turning point. Ricard, 71, is a Tibetan Buddhist monk who moved to the Himalayas from France in his 20s and became a monk at age 30. The media has been fond of calling Ricard "the happiest man alive," a title Ricard tries to discourage, after Ricard's gamma brain waves were measured to be the strongest in a 2000 University of Wisconsin study.

3 Dividend Stocks That Should Pay You the Rest of Your Life

Mon, 01/08/2018 - 9:16am

These stable dividend stocks will keep your retirement income humming along.

Bitcoin is an asset, not a currency: Israel's central bank

Mon, 01/08/2018 - 8:15am

Israel's central bank said on Monday it would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country's banks and their clients. Deputy Governor Nadine Baudot-Trajtenberg said there had been public complaints Israeli banks were making it difficult for some customers to transfer money from their accounts to buy bitcoin. Other central banks faced the same problem.

Jeff Sessions' future as attorney general in doubt?

Mon, 01/08/2018 - 8:11am

Judge Andrew Napolitano on the Mueller investigation and concerns about Attorney General Jeff Sessions' leadership at the Department of Justice.

Trump reportedly starts work later so he has TV and Twitt...

Mon, 01/08/2018 - 8:05am

President Donald Trump often begins his official work day around 11 a.m., according to a report from Axios

Samsung is showing off TVs with a new technology called QLED — and it could be a gamechanger (SSNLF)

Mon, 01/08/2018 - 7:42am

OLED displays have dominated the TV space over the past few years because of their ability to display pure blacks at incredibly high — and eye-pleasing — contrast ratios, but they are difficult and costly to manufacture. Companies have also explored quantum dots displays, which still use a backlight but have chemical properties that allow them to display an ultra-wide gamut of colours, the one you'd want for high dynamic range (HDR) content. Samsung is therefore trying to build QLED panels, which will use quantum dots for displaying colours but eliminate the backlight to sport OLED's perfect blacks.

Trump's policies are working, we're getting 3% growth: Wh...

Mon, 01/08/2018 - 7:36am

Kevin Hassett, Council of Economic Advisors chairman, provides insight to President Trump's policies, the U.S. economy and the Federal Reserve.