We've all heard about college dropouts who became billionaires. Bill Gates, Mark Zuckerberg and Michael Dell all left college without a diploma only to succeed wildly. According to research firm Wealth-X, 70 percent of billionaires have a bachelor's degree. Wealth-X also provided CNBC with the top "billionaire universities" in the world, along with the number of current billionaires who received degrees (bachelor's, master's, MBA, JD, MD or PhD) from each. Read on to see which institutions yield
This is the optimal time to play Brazilian equities with options, said Stacey Gilbert, head of derivative strategy at Susquehanna. This would suggest buying call options — which offer unlimited upside potential with fixed downside risk — rather than the ETF outright. Looking to year-end, the options market is pricing in almost a 40 percent probability that Brazilian equities advance or decline 30 percent from current levels, Gilbert pointed out. From a fundamental standpoint, the Brazilian marke
Investors should buy shares of Palo Alto Networks because the company's sales growth will improve later this year, according to Jefferies, which raised its rating on the cybersecurity technology company to buy from hold. The company's shares have fallen 9 percent this year through Thursday compared with the S&P 500's 6 percent return. Palo Alto Networks reported weaker-than-expected fiscal second-quarter results on Feb. 28. "We believe customers likely delayed purchases of new appliances in anti
A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY-Stock futures are higher after Thursday's modest rally. -Bitcoin broke another record today, now trading at new highs at the $1,900 level.
The Fed will be a top priority on Wall Street in the week ahead, as markets also watch for any new fallout from the Trump campaign investigation. There are a handful of Fed speakers, and their words will be more important after St. Louis Fed President James Bullard Friday said the Fed's interest rate hiking plans may be too aggressive. The minutes from the Fed's May 3 meeting will be released Wednesday, but market developments, some softer data, and new uncertainty around the investigation into
Their filings said Trump is using decisions that could affect health insurance for millions of people "as little more than political bargaining chips," according to their court filing. On Monday, the Trump administration is scheduled to tell the U.S. Court of Appeals for the District of Columbia how, or if, it will resolve the House's lawsuit. A staunch critic of Obamacare, Trump could order an end to the payments even as that appeal, now being handled by his administration, remains pending. Sil
Tesla can break even, or perhaps turn a profit, on its Model 3 sedan, if enough of its customers spend a few extra thousand dollars on options, according to a new report from UBS. Analysts from UBS's Global Automobiles practice estimate that Tesla will incur an EBIT (earnings before interest and taxation) loss of $2,800 per Model 3 sold at its base price of $35,000 but the company will break even if it can achieve an average sale price of $41,000 — a level UBS thinks will most likely be exceeded
"I think that's what appeals to young people. Young women to middle-aged women are the primary users. But the mobile app has unlocked potential." "They didn't fit the profile of the stereotypical social media app user," Kay said. "The Pinterest user is comfortable spending money in mobile, which is probably the single most important think you should take away from this."
The refurbished platform allows Foursquare, No. There's different WiFis that are available on the tenth floor than the third floor, GPS signals, Bluetooth beacons. "But in the process of checking in at 100 million places, they've mapped the world for us. "It allows us to make technology that lets you tag a tweet on Twitter from where you're standing. Uber drivers, if you use that app, they're using our database of the world's places kept fresh by people checking in and a million different people
Cramer expects it to be cautious, but noted that the more hawkish Philadelphia Fed President Patrick Harker will also speak and is likely to express a more positive outlook. Lowe's and Tiffany & Co. will report earnings before Wednesday's bell, and PVH will report after the close. In the game of "is retail strong or weak," Cramer expects all three to be strong. While the market may be bearish on its stock, Cramer likes Costco's story, and is looking forward to its Thursday earnings report. Final