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cnbc wrote a new post, Watch the full interview with Leon Cooperman on the election, the market and his favorite picks, on the site US Stock Info 6 years, 5 months ago
(This story is for CNBC Pro subscribers only.) Leon Cooperman, Omega Advisors founder, chairman and CEO, joined CNBC’s “Halftime Report” on Tuesday to discuss the 2020 presidential election, the record rally in stocks, his favorite stock picks and where he sees the next crisis. Watch the full interview below, exclusively on CNBC PRO.

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cnbc wrote a new post, The new $1,380 Samsung folding phone is neat, but nobody should buy it, and I’m returning mine, on the site US Stock Info 6 years, 5 months ago
Michael Short | Bloomberg | Getty ImagesI’ve been testing Samsung’s second phone with a folding display, the Galaxy Z Flip, for five days. Samsung Galaxy Z Flip Todd Haselton | CNBCThere are other use cases for propping the phone up, though. Samsung Galaxy Z Flip Todd Haselton | CNBCI like this design better than the Galaxy Fold, too. Samsung Galaxy Z Flip Todd Haselton | CNBCI also really like the way the phone looks. Don’t buy itSamsung Galaxy Z Flip Todd Haselton | CNBC

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cnbc wrote a new post, General Mills’ plans to revive cereal sales include selling a box for $13, on the site US Stock Info 6 years, 5 months ago
General Mills’ plan to revive cereal sales includes a $13 box of the breakfast food. More than halfway through the company’s fiscal 2020, General Mills’ U.S. cereal retail sales have risen 2%. Cereal isn’t the only segment that General Mills is trying to revive. Still, executives said General Mills is on track to deliver its fiscal 2020 targets, including organic net sales growth of 1% to 2%. General Mills’ stock, which has a market value of $32.4 billion, was up less than 1% in afternoon tradin

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cnbc wrote a new post, Mike Bloomberg sees Bernie Sanders as the only 2020 Democratic candidate who threatens his possible nomination, on the site US Stock Info 6 years, 5 months ago
Mike Bloomberg’s campaign said on Tuesday that it sees Sen. Bernie Sanders, I-Vt., as the only threat to Bloomberg winning the Democratic nomination and defeating Donald Trump in 2020. Biden has dropped in recent surveys since his disappointing fourth-place finish in the Iowa caucuses, while Sanders and Bloomberg have surged. The campaign has opened at least 150 campaign offices across the country and has more than 2,000 staffers nationwide. A Bloomberg campaign spokeswoman confirmed to CNBC tha

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cnbc wrote a new post, LeBron James: Basketball player, businessman and now author, on the site US Stock Info 6 years, 5 months ago
LeBron James’ business empire continues to grow. James will author his first book, I Promise, a picture book that publishes in the U.S. on Aug. 11. The four-time MVP said his picture book was inspired by the values and initiatives of his foundation’s I Promise program in Akron, Ohio. The LeBron James Family Foundation has invested millions of dollars to provide educational resources to the kids of Akron, James’ hometown, including a public school for 1,400 students. Last week, the foundation ann

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cnbc wrote a new post, Here are the hedge funds making a killing on Tesla’s wild rally this year, on the site US Stock Info 6 years, 5 months ago
Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. Tesla’s meteoric rise to start the year has puzzled many on Wall Street including analysts, but some hedge fund managers had the foresight to bet on the stock before the 2020 surge. The stock is up more than 100% so far this year, trading at about $850 per share. At one point the stock topped $968. There were 10 hedge fund and other investors with fundamental strategies that report

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cnbc wrote a new post, Walmart changed the way it buys shopping bags and saved $60 million—and that’s just one way it cut costs, on the site US Stock Info 6 years, 5 months ago
Because of its scale as the world’s biggest retailer, Walmart can save millions of dollars by making even the slightest tweaks to how it runs its business. It will save $60 million annually by changing its process for buying shopping bags, CFO Brett Biggs said Tuesday, during a meeting with investors in New York. It is also cutting the cost of the vests its workers wear by 15% by making them out of recyclable materials, he said. And Walmart is on track to save $100 million annually by centralizi

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cnbc wrote a new post, Mike Bloomberg’s proposed Wall Street transaction tax explained, on the site US Stock Info 6 years, 5 months ago
Among his proposals is a 0.1% tax on all financial transactions, meaning that the federal government would exact a duty on all transactions, including stocks, bonds and payments on derivative contracts. The campaign says its proposed transactions tax would be designed to help raise revenues needed to address wealth inequality across the U.S. He’s also proposed a variety of other duties on the wealthy as part of his $5 trillion tax plan. Bloomberg’s campaign cites a 2015 study by the Tax Policy C

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cnbc wrote a new post, Outside of the big 5 tech companies, earnings growth is zero, on the site US Stock Info 6 years, 5 months ago
Overall, the S&P’s fourth quarter earnings are up 2%, but all of that is thanks to the FAAMG stocks. Without these 5 stocks, the index’s year-over-year earnings growth is flat. The stock market may be hovering around all-time highs, but just 5 companies are contributing to the S&P 500’s earnings growth, Goldman Sachs said in a new note. “Mega-cap earnings strength contrasts with small-cap earnings weakness,” the firm’s analysts led by David Kostin said in a note to clients. “The Russell 2000 exp

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cnbc wrote a new post, Mike Bloomberg releases plan to rein in Wall Street, on the site US Stock Info 6 years, 5 months ago
Presidential candidate Mike Bloomberg on Tuesday rolled an ambitious plan to rein in Wall Street, echoing platforms of some of his more liberal Democratic rivals. Bloomberg’s plan would bolster many of the reforms either put in place or strengthened as part of the 2010 Dodd-Frank Act in response to the Great Recession, a crisis that some blamed on Wall Street banks. The billionaire, who made his own fortune on Wall Street, has now spent at least $400 million in advertising for his campaign, acco

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cnbc wrote a new post, Judge will sentence Roger Stone on Thursday, but will postpone punishment pending bid for new trial, on the site US Stock Info 6 years, 5 months ago
Roger Stone, former adviser to Donald Trump’s presidential campaign, arrives to federal court in Washington, D.C., Feb. 21, 2019. Judge Amy Berman Jackson said during a conference call with Stone’s lawyers and prosecutors that she thought “delaying the sentence would not be a prudent thing.” Stone’s lawyers last week filed a motion seeking a new trial on the heels of disclosures that the jury forewoman in Stone’s trial had a history of anti-Trump social media posts. Those defense lawyers told Ja

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cnbc wrote a new post, Trump commutes sentence of ex-Illinois Gov. Blagojevich, pardons ex-NY police commissioner Kerik, ex-49ers owner DeBartolo — and Michael Milken, on the site US Stock Info 6 years, 5 months ago
President Donald Trump granted executive clemency Tuesday to former Illinois Gov. Rod Blagojevich, as well as to ex-New York Police Commissioner Bernard Kerik and to Edward DeBartolo Jr., the former owner of the San Francisco 49ers football team. In all, Trump granted some form of executive clemency to 11 individuals Tuesday, according to the White House. Federal prosecutors last week recommended that a judge give Stone a harsh sentence of seven to nine years in prison. “I think he’s being treat

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cnbc wrote a new post, Trump pardons Michael Milken, face of 1980s insider financial scandals, on the site US Stock Info 6 years, 5 months ago
Financier and philanthropist Michael Milken visits “Mornings With Maria” at Fox Business Network Studios on August 23, 2018 in New York City. President Donald Trump issued a pardon Tuesday to Michael Milken, the former junk bond king who became a face of the insider trading financial scandals of the 1980s. Grisham said in that statement that “the charges filed against Mr. Milken were truly novel.” “In fact, one of the lead prosecutors later admitted that Mr. Milken had been charged with numerous

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polygon wrote a new post, Nvidia is making a limited edition Cyberpunk graphics card, but you can’t buy one, on the site GoGame.com 6 years, 5 months ago
Nvidia has created a limited edition Cyberpunk 2077-themed graphics card, but it won’t be sold in stores. Units also come with a special edition box, which Nvidia says is “perfect for a collector’s shelf.” The partnership between CD Projekt and the PC hardware manufacturer was announced during last year’s E3 along with a fewcontroversial screenshots. The official Cyberpunk 2077 Twitter account seems to be hinting something like that might be on the horizon. This one is just the beginning 😉 — Cy

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polygon wrote a new post, Temtem update adds something like Pokémon’s Safari Zone, on the site GoGame.com 6 years, 5 months ago
Nearly every Pokémon game includes something called a Safari Zone, a special area where rare wild monsters roam. And now, Temtem, the monster-collecting MMO, has something that’s clearly been inspired by the Safari Zone — except the concept has been updated for the age of games-as-service. A February 17 update to Temtem adds The Saipark, an end-game area that acts as a natural reserve. You need to pay a fee to enter, but, unlike the Safari Zone, there doesn’t seem to be a step limit. Luma encoun

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polygon wrote a new post, The Witcher 3 Switch update adds PC cross-save, new graphics options, on the site GoGame.com 6 years, 5 months ago
CD Projekt Red is rolling out an update for the Nintendo Switch version of The Witcher 3: Wild Hunt that adds some major new features, including new graphical options and support for save files from the Windows PC version of the game. The update was first spotted by players of the Korean version of The Witcher 3’s Switch port on the Nintendo Switch subreddit. Reached for comment, a representative for CD Projekt Red confirmed to Polygon confirmed that Tuesday’s update adds “touch control support,

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polygon wrote a new post, Kickstarter employees vote to unionize, relieving tension among game developers, on the site GoGame.com 6 years, 5 months ago
The announcement was made this morning by organizers at Kickstarter United, who tweeted out a picture of beaming employees celebrating their win. pic.twitter.com/l6W91lILKU — Kickstarter United (@ksr_united) February 18, 2020″Today we learned that in a 46 to 37 vote, our staff has decided to unionize,” Kickstarter CEO Aziz Hasan said in a statement provided to Polygon. Kickstarter, which formally launched in 2009, has become a hub for the expanding tabletop games industry, which includes board g

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polygon wrote a new post, Final Fantasy 14 patch adds new raid tier and great quality of life changes, on the site GoGame.com 6 years, 5 months ago
Square Enix’s latest patch for Final Fantasy 14: Shadowbringers introduces a smorgasbord of new content that should excite just about every player of the game. The next alliance raid itself isn’t out yet, alas, but it’s possible it will be included in patch 5.3. Some of the best additions to this patch are the quality of life updates, in fact. Wedding attire is no longer gender-lockedFemale characters can now wear suits and male characters can now wear the wedding gown. For the full patch notes,

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polygon wrote a new post, Logitech gaming accessories are up to half off in Amazon deal of the day, on the site GoGame.com 6 years, 5 months ago
An Amazon Gold Box deal on Tuesday is bringing discounts on Logitech gaming and audio accessories. This deal is a great opportunity if you’re looking to upgrade an entry-level gaming setup to something closer to the mid-tier. On the audio side of things, several speaker sets are discounted in Tuesday’s deal, but the biggest draw is the Blue Yeti USB microphone. The Blue Yeti is down to $89.99 from $129.99. For those who prefer Corsair to Logitech, GameStop is running a similar one-day-only promo

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polygon wrote a new post, Fortnite’s new season is getting some very mysterious teasers, on the site GoGame.com 6 years, 5 months ago
After numerous delays, it finally seems like Fortnite chapter 2 season 2 will start soon. As a lead up to the season’s launch, Epic is releasing teasers, just like it normally does. But this season’s teasers are a lot more confusing than they’ve been in the past. The teasers started on Monday morning with a few cryptic tweets from the Fortnite account. The posters had images similar to the Fortnite tweets, along with phone numbers.

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