Goldman Sachs says tech stocks are too expensive - ETF Daily News

It’s about time to write off high-growth tech stocks, Goldman Sachs warned, saying the double whammy of sky-high valuation. Read on for more details.... Read more on ETF Daily News

ETF Daily News

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Why Morgan Stanley is warning that US tobacco companies could be cut in half - ETF Daily News

Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a “maximum nicotine” rule within the next 15 year. Read on for more details.... Read more on ETF Daily News

ETF Daily News

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In One Chart: Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs says

Investors are counting on the Federal Reserve to cut benchmark rates to keep the U.S. economy humming. But if the past holds true, corporate bonds are likely...... Read more on MarketWatch

MarketWatch

GS goldman-sachs finance investment-bankers


Facebook Co-Founder Chris Hughes: FB Has Gotten Too Big

The following is the unofficial transcript of a CNBC EXCLUSIVE interview with Facebook Co-Founder Chris Hughes on CNBC’s “Squawk Box”... Read more on ValueWalk

ValueWalk

FB facebook technology computer-software FBK fb finance major-banks


Equinix names company veteran to lead Americas

Equinix (NASDAQ:EQIX) has named a company veteran as its president of the Americas group. Jon Lin is taking over the role, with oversight of regional management, strategy and growth plans for Equinix... Read more on Seeking Alpha

Seeking Alpha

EQIX equinix consumer-services REITs RM regional-management finance finance-consumer-services


What Is Behind Bitcoin's Recent Surge?

The leading cryptocurrency has climbed by more than 150% year-to-date, surging past a $9,000 threshold.... Read more on Investopedia

Investopedia

bitcoin crypto-currency finance


Fred Liu & Steven Wood: What’s Up At Zooplus, TripAdvisor & Berkshire?

This video with Hayden's Fred Liu and GreenWood's Steven Wood is part of our video series about the Berkshire Hathaway Annual Meeting.... Read more on ValueWalk

ValueWalk

TRIP tripadvisor technology computer-software BRK.A BRK.B berkshire-hathaway finance diversified-financial-services


Why bitcoin hasn’t gone to zero and is now knocking on the door of $10,000

The world’s No. 1 cryptocurrency is on fire, with a price approaching $10,000, pushing the digital asset near its highest level in more than 14 months,...... Read more on MarketWatch

MarketWatch

bitcoin crypto-currency finance


Ziyen Inc. Engages Leading FINRA regulated Digital Bank, Prime Trust LLC

Investors can now invest Bitcoin and Ethereum in exchange for ZiyenCoin Prime Trust to Manage all Compliance and Escrow Services SAN DIEGO, June 17, 2019 (GLOBE NEWSWIRE) --...... Read more on Benzinga

Benzinga

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BMO Capital Markets upgrades Bank of America

Bank of America (NYSE:BAC) is upgraded to outperform from market perform by BMO Capital Markets analyst James Fotheringham, who sets a price target of $37.Implies upside potential of 33%BAC rises 0.4%... Read more on Seeking Alpha

Seeking Alpha

BAC bank-of-america finance major-banks


Citibank May credit-card charge-offs 2.74% in May

Citigroup (C -1.1%) May credit card charge-offs 2.74% improves from 3.15% in April and 2.95% in March.May delinquencies 1.57% vs. 1.61% in April and 1.62% in March.... Read more on Seeking Alpha

Seeking Alpha

BLW citigroup finance major-banks


Fed may cut rates near zero if U.S.-China trade worsens: Morgan Stanley

The Federal Reserve may lower U.S. interest rates to near zero by the spring of 2020 if U.S.-China trade relations deteriorate further and tip the U.S. economy into a recession, according to Morgan St...... Read more on Reuters

Reuters

MS morgan-stanley finance investment-bankers


Goldman Sachs is sounding the alarm to clients that technology stocks are overvalued

It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.... Read more on CNBC

CNBC

GS goldman-sachs finance investment-bankers


Legg Mason's cost-cutting plan gets resistance from some affiliates

Legg Mason (LM -1.6%) had a plan -- boost returns by cutting costs and increasing revenue growth, putting it in a position to emerge as a buyer in an industry that's ripe for consolidation.Like all as... Read more on Seeking Alpha

Seeking Alpha

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CBL & Associates Properties among financial gainers, RMR Group and Prosperity Bancshares the only losers

Gainers: CBL & Associates Properties (NYSE:CBL) +7%. Office Properties Income Trust (NASDAQ:OPI) +7%. Innovative Industrial Properties (NYSE:IIPR) +5%.Losers: The RMR Group (NASDAQ:RMR) -6%. Prosp... Read more on Seeking Alpha

Seeking Alpha

PB prosperity-bancshares finance major-banks RMR the-rmr consumer-services professional-services


KKR estimates gross realized carried interest and total realized investment income of $250M-$3325M

KKR (NYSE:KKR) estimates gross realized carried interest and total realized investment income between $250M-$325M on a segment basis for 2Q19.Shares +0.55%Press Release... Read more on Seeking Alpha

Seeking Alpha

KFH kkr finance finance-consumer-services


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