Byron Wien Olivia Michael | CNBC The stock market’s rally may be far from over as low interest rates keep valuations in an attractive place, according to Wall Street legend Byron Wien. “People complain that the market is overvalued but … with these interest rates, the market is really below fair value,” Wien, vice chairman
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China successfully launched satellites to space last week but a shower of rocket debris after the launch crushed buildings in the Sichuan province, captured in a video shared widely on social media. Before the government launched a Long March 3B rocket from the Xichang Satellite Launch Center on Friday evening, it warned residents with a
Slack Technologies Inc. CEO Stewart Butterfield stands on the trading floor during the company’s IPO at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. Brendan McDermid | Reuters The biggest hurdle for companies aiming to follow Spotify and Slack into the public markets is that the direct listing process they
Gary Philbin, CEO, Dollar Tree Scott Mlyn | CNBC Dollar Tree just signaled for a disappointing holiday earnings quarter thanks to U.S.-China trade war tariffs, sending shares cratering on Tuesday. The discount retailer said the tariffs slapped on Chinese imports will add $19 million, or 6 cents per share, to its costs of goods for
Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Monday: Wells Fargo downgraded Netflix to ‘underperform’ from ‘market perform’ Wells Fargo said in