CES featured several products that let you control apps, games and devices with your mind.
The technology holds a lot of promise for gaming, entertainment and even medicine.
NextMind and FocusOne were two of the companies that showed off mind-control technology at CES this year.
Masayoshi Son’s growth-at-all-costs stands in stark contrast to Warren Buffett’s investment style, marked by ruthless value hunting and the strictest assessment of a balance sheet.
The Bernstein analysts noted that some may balk at a comparison between SoftBank and Berkshire Hathaway and sought to justify their reasoning.
“Berkshire leverages the cash from its insurance business to invest into other companies” while Softbank “uses the cash flow from its core telco operation to invest in tech unicorns,” the analysts say.
The UK's economy grew by just 0.1% in the three months to November, according to the Office for National Statistics.
Growth was slightly stronger in September and October than previously thought, but fell 0.3% in November, dragging down the three-month figure.
The ONS said growth in the economy year-on-year was at its lowest since the spring of 2012.
Growth in construction was offset by a weakening service sector, while manufacturing was "lacklustre".
Read MoreDuring the height of the holiday shopping season, Amazon warned some users that the browser extension Honey could be a “security risk.”
PayPal paid $4 billion for the start-up, which has worked with Amazon since it was founded in 2012. This appears to be Amazon’s first public warning about Honey’s security concerns.
PayPal was once a part of Amazon competitor eBay, and Amazon does not accept PayPal as an option in check-out. Amazon also has a competing discount plug-in.
Big tech stocks led the gains. Facebook and Amazon both rose more than 1%, and Netflix and Google-parent Alphabet advanced 3.1% and 2.7%, respectively.
Read MoreThe investment community seems to be underestimating the potential fallout from rising tensions between the United States and Iran, CNBC’s Jim Cramer warned.
“When I see this endless buying for gold it makes me think for the first time people are just saying, ‘I’m really fearful,’” Cramer said.
Ahead of Monday’s open on Wall Street, Cramer asked, “Why aren’t the futures down more? They should be.”
Aerospace and defense stocks typically outperform the S&P 500 in the six months after Middle East crisis events.
Defense stocks have climbed and the broader market has sold off following last week’s killing of Iranian military leader Qasem Soleimani.
Huntington Ingalls and General Dynamics are the two best-performing defense stocks on average following major crisis events.
Stocks fell on Friday after the U.S. confirmed that an airstrike killed Iran’s top military commander, sending oil prices surging and ratcheting up geopolitical concerns.
The Dow Jones Industrial Average closed 233.92 points lower, or 0.6% at 28,634.88 and posted its biggest one-day loss since early December. The S&P 500 also had its worst day in a month, sliding 0.7% to 3,234.85. The Nasdaq Composite dropped 0.8% to 9,020.77. The Dow briefly dropped more than 360 points at the open. The major averages recovered some ground later in the session as oil prices came off their lows.
Read MoreStocks and oil tend to outperform defensive assets like gold and Treasurys in the months after major crisis events in the Middle East, according to an analysis by CNBC.
A U.S. airstrike killed a key Iranian leader, sending oil and gold prices higher.
Major U.S. stock indexes opened lower after the strike.
“All of the pillars of the stock market look a bit shaky to me,” he told “Trading Nation” Thursday. “While the economy will be okay in 2020, I think the stock market will have a rougher go of it.”
While he cites consumer spending, household balance sheets, jobs growth and a housing market as economic bright spots, he also sees slower than expected real GDP growth, a growing federal budget deficit and challenged corporate earnings pressuring the economy.
Read MoreStocks rose to all-time highs on Thursday, led by tech shares, as the strong rally in 2019 continued in the first trading day of the new year.
The Dow Jones Industrial Average advanced 330.36 points, or 0.9% to 28,868.80 and notched its biggest one-day gain since Dec. 6. The S&P 500 closed 0.8% higher —marking its best performance since Dec. 12 — at 3,257.85. The Nasdaq Composite gained 1.3% to end at 9,092.19 and had is best day since Oct. 11. The major averages hit their session highs in the final minutes of trading.
Read MoreStocks fell from their all-time highs on Monday as investors took off some risk on the second-to-last trading day of a historic year for equities.
The Dow Jones Industrial Average dropped 183.12 points, or 0.6%, to 28,462.14, while the S&P 500 fell 0.5%, or 18.73 points, to 3,221.29. The two indices suffered their worst day in four weeks. The Nasdaq Composite fell 0.6%, or 60.62 points, to 8,945.99, after topping 9,000 for the first time ever last week. The Dow’s year-to-date gain was trimmed to 22%.
Read MoreOver the last decade a surge in lithium-ion battery production has led to an 85% decline in prices, making electric vehicles and energy storage commercially viable for the first time in history.
Batteries hold the key to transitioning away from fossil fuel dependence, and are set to play a greater role in the coming decade.
UBS estimates that over the next ten years the energy storage market in the United States could grow to as much as $426 billion, and there are many ways to buy into the surge, including chemical companies, battery cell makers, car companies, solar companies and utility companies.
“Capturing the massive economic opportunity underlying the shift to controls and battery-based energy systems requires that planners, policymakers, regulators, and investors take an ecosystem approach to developing these markets,” sustainability-focused research firm Rocky Mountain Institute said recently.
The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and the euro after exit polls indicated a Tory majority.
Read MoreThe British economy is on track for the weakest year outside a recession since the second world war, as political turmoil and Brexit uncertainty dragged down growth, a Guardian analysis reveals.
At the end of a turbulent year and following Boris Johnson’s election victory, surveys of business activity suggest economic growth in the final three months of 2019 has essentially stalled. The jobs market is showing signs of stress and public borrowing is steadily rising again after a decade of improvement.
Read MoreBuffett isn’t the only famous stock gift-giver: In 2017, Kanye West gave Kim Kardashian West over $100,000 in stock in companies like Apple, Amazon and Disney. On her Instagram, Kardashian West revealed the gift included 920 Disney shares and around 995 shares in Adidas.
Read MoreInvestors are expecting to have a very different Christmas Eve than the last one that saw the S&P 500 dip into bear market territory. On Dec. 24, 2018, the Dow Jones Industrial Average lost about 650 points in its worst day of Christmas Eve trading ever amid turmoil in Washington. President Donald Trump teased about firing Federal Reserve Chair Jerome Powell after the central bank hiked interest rate in December, triggering a massive sell-off.
Read More“The first-phase economic and trade agreement reached between the U.S. and China is a good thing for the U.S., China, and the entire world,” Xi Jinping says, according to state-run media agency Xinhua.
Xi says the two countries will keep in touch and work to sign the deal as soon as possible.
However, Xi expresses “serious concerns” over the U.S.′ recent involvement in Taiwan, Hong Kong, Xinjiang and Tibet.
The stock market tends to have unusually strong performance during the final five trading days of the year and the first two tradings days of the new year.
The S&P 500 has posted a 1.3% gain on average since 1950 during those periods, according to Stock Trader’s Almanac.
The spread between the 2-year Treasury yield and that of the 10-year note climbed to its highest level since November 2018. The so-called yield curve is steepening.
“The Fed is on hold, the economy is doing well, and trade tensions aren’t increasing. In such a world, a steeper curve follows intuitively,” said Ian Lyngen, BMO’s head of U.S. rates.
The benchmark 10-year yield has risen about 40 basis points since the beginning of October as investors fled safe-haven assets on easing trade tensions.
