Arnold Schwarzenegger Falls for Snapchat but Should Investors Pile In?

By CCN: Arnold Schwarzenegger, star of “The Terminator” (and nothing else lately), found himself the victim of an assault at an event in South Africa. While attending “Arnold Classic Africa” in Johannesburg, which features a wide array of sporting events and physical activities, the 71-year-old “Last Action Hero” was filming participants when he received a …

Tech-Averse Warren Buffett’s Company Wolfs $900 Million in AMZN Stock

By CCN: By the end of Wednesday’s trading, Warren Buffett’s company Berkshire Hathaway had a stake in Amazon’s stock worth $904 million, an SEC disclosure reveals. To get a sense of scale for how big Amazon.com is, the $900 million stake in Amazon’s stock only puts Berkshire Hathaway in control of 0.1% of the e-commerce giant’s …

Tesla to the Moon? Bullish Portfolio Manager Says Analysts Got It Wrong

By CCN: Tesla’s stock may have shed nearly one-third of its value year-to-date, but if you ask one portfolio manager, it’s just a buying opportunity. Cathie Wood of Ark Invest whose largest position is Tesla’s stock reminds investors to “buy low.” Her conviction is stronger than ever that TSLA should be a $4,000 stock, despite …

Own Netflix Stock? We Guarantee This Chart Will Terrify You

By CCN: Netflix has been a leader in the movie rental field since it was mailing out DVDs in red envelopes, and it remains outright dominant since placing a winning gamble on the streaming revolution. However, the company now finds its territory threatened on several fronts, and the fallout from some shocking data should devastate …

Facebook’s Stock Defies Gravity Despite Looming $5 Billion FTC Probe

By CCN: Facebook’s stock ran up 7.5% in after-hours trading to $196 after Q1 earnings painted a seemingly rosy growth picture. Revenue exploded by $3.1 billion to $15.08 billion, which exceeded estimates. Facebook CEO Mark Zuckerberg, however, revealed that the FTC’s investigation into the company for privacy problems will be painful on the expense line, saying: …

Facebook’s Stock Defies Gravity Despite Looming $5 Billion FTC Probe

By CCN: Facebook’s stock ran up 7.5% in after-hours trading to $196 after Q1 earnings painted a seemingly rosy growth picture. Revenue exploded by $3.1 billion to $15.08 billion, which exceeded estimates. Facebook CEO Mark Zuckerberg, however, revealed that the FTC’s investigation into the company for privacy problems will be painful on the expense line, saying: …