Tag Archives: Why

Glaucoma: why are so many of us blind to this sight-stealing disease?

  aucoma is a primary cause of vision loss and blindness in the US, affecting around 2.7 million people – a number that is expected to reach 4.2 million by 2030. While severe glaucoma-related vision loss can often be prevented, there is one major barrier: around half of patients with the disease do not know they have it. Glaucoma can ... Read More »

Why Snapchat is better than Facebook

In CNBC’s social media on campus series, we asked editors at college papers across the country: What social media platforms are hot? Are any of them dead or just for old people? This installment is by Sonali Seth, a sophomore at the University of Southern California. Source: Mimi Nguyen Sonali Seth We, millennials, have fallen out of love with Facebook ... Read More »

A vexing question for Watson: Why is IBM surging?

Here’s a vexing question for artificial mega-brain Watson: Why is IBM stock surging? Big Blue’s market value rose about $6 billion after the computer giant agreed on Thursday to buy Truven Health Analytics for $2.6 billion. Giving IBM’s artificial-intelligence platform more data to chew on is useful, but investors’ glee over an opaque addition to an enigmatic business effort is ... Read More »

Why oil could surge to $85 by year-end: Analyst

Depressed oil prices are likely to rally in the second half of the year —perhaps as high as $85 per barrel, energy analyst Michael Rothman said Monday. That said, he added any move higher won’t be a result of coordinated production cuts. West Texas Intermediate crude tumbled around 5 percent in late morning trade to under $32 per barrel, as ... Read More »

This is why oil glut not going away soon

U.S. oil production continues to defy forecasts that it is on the decline, and with refiners processing as much of the stuff as they can, the glut of oil, gasoline and diesel fuel keeps growing. That should continue to pressure oil prices, which rallied Wednesday because the large weekly build in supply was not quite as gigantic as feared. The ... Read More »

Why top investor Link likes low oil plays

Stephanie Link, managing director at TIAA-CREF, bought Carnival for her “Halftime Report” model portfolio on Tuesday. Carnival is a global travel company, which owns such brands as Carnival Cruise Line, Holland America Line and Princess Cruises. The company operates a fleet of over 100 ships. Here is why Link likes the stock. [“source-gsmarena”] Read More »

Here’s why today is an important day for the markets

This is an important day. It’s important we hold some gain, even a modest one. On Friday, the markets sank, but it’s not that they sank, it’s where they sank to. We ended essentially at the August lows (let’s not quibble about a few points here and there), which were the lows for last year. Inflection points Dow: 15,666 (August ... Read More »

Why mini-boom for utilities is suspicious

Utilities, what’s wrong with this picture? Utilities are the best performers of the year, one of only two sectors in positive territory. The Dow Utilities are up about 7 percent, while telecom is up roughly 5 percent. The S&P 500, meanwhile is down about 9 percent. Some electric utilities have seen double-digit gains on the year: Chesapeake Utilities – 16 ... Read More »