Top Wall Street analysts pick these stocks to celebrate the new year

Apple CEO Tim Cook poses in front of a new MacBook Airs running M2 chips display during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters With the brutal 2022 behind us, we look ahead to a year of relatively predictable challenges. This…

The fintech reckoning is upon us. Here’s what to expect next year

Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in late October to declare that his latest startup would help solve Americans’ broken relationship with their finances. “People…

Holiday rush: Why investors may want to add retail ETFs to their cart

‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “We are expecting continued outperformance or record growth in online specifically,” the firms’ head of national accounts told CNBC’s “ETF Edge” last…

Stocks making the biggest moves midday: Apple, Amazon, Intel and more

Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Apple – Shares of Apple jumped 7.6% after the technology giant beat both top…

Amazon’s ‘Thursday Night Football’ begins a new era of streaming for the NFL

To the joy and frustration of football fans across the United States, the era of National Football League games appearing exclusively on a streaming service is upon us. Amazon Prime Video is the home for “Thursday Night Football” this upcoming season, marking the first time in league history a streaming…

Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families…

Walmart’s slashed profit outlook sends warning about state of the American consumer

Shares of retailers including Macy’s, American Eagle and Amazon are falling Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consumers. The big-box retailer, which is the country’s largest grocer, said everyday necessities are eating up more of household…

GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan

GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. Recupero, who joined the company about a year ago, was “fired because he was not the right culture fit” and was “too…