Articles

These surging stocks just saved the ‘Santa Claus rally.’ Here’s what turned things around.

U.S. stocks staged a dramatic rebound to kick off the first full trading week of the new year, just in time to rescue the so-called Santa Claus rally from going missing for another year.

Paying over $100 billion to rebuild Venezuela’s oil industry won’t be the biggest obstacle facing U.S. oil companies

For the oil market, the hype is real — the U.S. now has the opportunity to to more freely access crude from Venezuela, a country that’s widely accepted to be home to the world’s largest oil reserves. But the reality is that U.S. oil companies may not be all that eager to jump in.

Manchester United’s stock climbs after football club fires coach Ruben Amorim

United will now look for its seventh full-time manager since club legend Alex Ferguson retired in 2013.

Why Costco’s stock could still get to $1,000 despite sluggish sales and membership growth

The retailer’s current problems are temporary and are a reflection of “too much consumer demand,” one analyst said.

Micron’s stock is an S&P 500 standout by this metric, as memory prices boom

Looking across the S&P 500 at unreported fiscal years, no company is expected to grow revenue faster than Micron.

Intel’s stock is so cheap compared to TSMC’s — and this analyst now says ‘buy’

Melius Research says Intel’s foundry business may start getting more respect, and that could give the stock a further boost.

House looks likely to OK extension for Obamacare subsidies. Here’s what’s next.

It’s a new year, but Congress is spending time on an old issue — the now-expired Obamacare subsidies that played a lead role in last year’s record-breaking U.S. government shutdown.

This hedge-fund billionaire bet on a Venezuela-linked oil refiner at just the right time

An affiliate of Paul Singer’s Elliott Management won an auction for Citgo late last year

Silver and gold are the big winners as investors look for safety following the U.S. intervention in Venezuela

Gold and silver emerged as the big winners of flight-to-safety trades by investors on Monday following the U.S. intervention in Venezuela.

‘I’m ready to walk away’: I have $400K in retirement savings and want to quit my job of 30 years. Can I do it?

“I really, really hate my job. I do work from home, but I’m very burned out.”

Versant is off to a rocky start on first day of trading after spinoff from Comcast

The early ratings for Versant are in — with shares of the new owner of cable television stalwarts like CNBC, USA Network and the recently rebranded MS NOW (formerly MSNBC) tumbling nearly 15% on their first day of trading.

Why chip stocks are extending their gains ahead of Nvidia’s CES speech

Lam, Applied Materials and KLA shares are some of the sector’s biggest winners upon heightened enthusiasm for the data-center build-out.
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