Wall Street is also optimistic about U.S.-China trade talksThe Dow Jones Industrial Average (DJI) has shot more than 600 points higher today, as traders cheer a strong December jobs report and digest the latest comments from Fed Chair Jerome Powell. The central bank head said the Fed would exercise patience on the path of rate hikes, and will "watch to see how the economy evolves." Elsewhere, Wall...Read More

One of the names was also downgraded at two brokerage firmsApple (AAPL) suppliers took a hit yesterday, after the iPhone maker cut its revenue guidance. The downside had analysts scrambling to readjust ratings on several names, with semiconductor names Analog Devices, Inc. (NASDAQ:ADI) and Qorvo Inc (NASDAQ:QRVO) in particular seeing bearish brokerage attention overnight.Most Analysts Call Analog...Read More

A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More

The Democratic Republic of Congo is in uncharted waters as the nation awaits election results marking the end of President Joseph Kabila's rule. One thing is certain: the mining world is watching closely.Congo, which held presidential polls on Dec. 30, is one of the world's most important but difficult mining jurisdictions. Companies including Glencore Plc, Barrick Gold Corp. and China Molybdenum...Read More

Bloomberg News/LandovFed Chairman Jerome Powell, pictured with Fed Vice Chairman Richard Clarida,will talk about the job data later Friday. The surprisingly strong December jobs report indicates the Federal Reserve will keep raising interest rates, but the next move might not come for six months, economists said Friday. "Taken in isolation, the [jobs] report would tend to increase the likelihood t...Read More

Chinese steel futures rose on Friday, with iron ore contracts hitting the highest in more than two months, buoyed by expectations that steel mills would replenish their stocks of the raw material.Prices also clawed back some lost ground as market sentiment improved following news that China and the United States will hold another round of trade talks next week as they look to end a dispute that is...Read More

FLXN was hit with several price-target cutsFlexion Therapeutics Inc (NASDAQ:FLXN) stock is down 3.2% at $11.94 in early trading, and touched a two-year low of $10.98 out of the gate, after the company announced sub-par full-year revenue guidance -- sparking a round of negative analyst attention. Specifically, Benchmark downgraded FLXN to "hold," while Berenberg cut its price target to $28 from $42...Read More

GME is on track for a hard-earned close above its 10-week moving averageThe shares of GameStop Corp. (NYSE:GME) have shot up 11% this morning to trade at $14.39, after buyout buzz surfaced in a Wall Street Journal report. In an article entitled, "As Videogame Market Shifts, GameStop Struggles to Boost Sales," Sycamore Partners and Apollo Global Management were pegged as potential suitors for GME (...Read More

ALGN had been one of the best stocks in recent yearsInvisalign parent Align Technology, Inc. (NASDAQ:ALGN) was one of the darlings of the bull market in recent years. The shares boomed from their early 2017 perch in the mid-90s to their September 2018 record high of $398.88 -- but the tide has been turning since. Most notably, ALGN stock suffered a massive bear gap in October, and steadily fell in...Read More

NFLX shares are set to open up 4%The shares of Netflix, Inc. (NASDAQ:NFLX) are up 4% in electronic trading this morning after Goldman Sachs added the FAANG name to its "conviction list." Goldman Sachs believes Netflix offers one of the best risk/reward propositions of all the U.S. internet stocks, noting the company's commitment to content will keep driving subscriber growth. While the brokerage...Read More

Wage growth saw its biggest rise in almost 10 yearsDow Jones Industrial Average (DJI) futures are trading more than 200 points above fair value this morning. The jobs report for December is the top story on Wall Street, after the U.S. economy added 312,000 jobs last month, torching estimates of 176,000. Moreover, wages increased by the most since 2009, though the unemployment rate did tick back up...Read More

Democratic Republic of Congo revised down its estimate of cobalt production for the first nine months of 2018, to 81,292 tonnes from an earlier estimate of 115,116 tonnes, central bank data showed on Friday.The revision means that output of cobalt, an important component of electric car batteries, rose 35.9 percent compared to the same period in 2017, rather than 92.5 percent as the bank said prev...Read More

Global markets plummeted this week on China slowdown worries, dragging industrial metals prices along and increasing future demand concerns, which has prompted analysts to question whether Beijing is doing enough to address the country's economic contraction.BMO analyst Colin Hamilton said in a note to investors Friday there were many questions in the metals market raised by the trend in China of...Read More

Global markets plummeted this week on China slowdown worries, dragging industrial metals prices along and increasing future demand concerns, which has prompted analysts to question whether Beijing is doing enough to address the country's economic contraction.BMO analyst Colin Hamilton said in a note to investors Friday there were many questions in the metals market raised by the trend in China of...Read More

The stock market "secret" no one is talking about.The world's richest investors have been using this simple "trick" to build massive fortunes for decades.They've done everything in their power to hide the truth from individual investors. In the process they've created a totally uneven playing field... where most of the players don't even know the rules of the game.This lack of fairness is one of...Read More

Canadian merger-and-acquisition activity is expected to strengthen in 2019 as a slump in oil prices could fuel consolidation among energy companies and cannabis deals gain momentum, M&A advisers said.Deal volume jumped 15 percent to a 12-year high of $275.2 billion in 2018, from a year ago, according to figures from Refinitiv. Buyout firms dominated big-ticket deals in the financial services, real...Read More

Passage of the spending packages will not move Congress closer to reopening nine unfunded federal departments for now. One bill passed by the House would fund eight closed U.S. departments through Sept. 30. The other would reopen the Department of Homeland Security through Feb. 8.Jacob Pramuk| @jacobpramukPublished 22 Hours AgoUpdated5 Hours AgoCNBC.com show chapters Democratic-led House passes...Read More

Finland-based Metso sold its grinding media business on Friday to Moly-Cop, a portfolio company belonging to private equity firm American Industrial Partners.The transaction includes the sale of Metso Spain Holding, S.L.U, including operations in Bilbao and Seville, Spain. As a result, about 80 employees have transferred from Metso to Moly-Cop. The turnover of the divested business in 2018 was ap...Read More

Finland-based Metso sold its grinding media business on Friday to Moly-Cop, a portfolio company belonging to private equity firm American Industrial Partners.The transaction includes the sale of Metso Spain Holding, S.L.U, including operations in Bilbao and Seville, Spain. As a result, about 80 employees have transferred from Metso to Moly-Cop. The turnover of the divested business in 2018 was ap...Read More

An Australian mining company wants to expand its mine in South Carolina because they have found more gold.Read full newsRead More