Goldman: Follow the ‘smart money’ because the stocks most loved by pro investors are crushing the market

Stocks most owned by hedge funds and mutual funds managing more than $3 trillion are handily beating the market this year, according to Goldman Sachs. Technology is by far the favorite sector of professional investors, with hedge funds increasing their bets in the...

Here’s what to expect from Apple’s big event Monday — iOS 11, MacBooks, iPads and more

Apple’s going to have a lot of big news to share Monday. The company’s developer conference, known as WWDC, kicks off with a keynote at 10 a.m. PST, when we expect Apple to discuss new hardware and software. This is the time of year when Apple typically...

Why sterling could see a major wobble as UK election results come in

However, if the Conservatives increase their majority, the pound would experience a relief rally, according to Ray Attrill, head of FX strategy at National Australia Bank. “In the event that the polls prove to be giving a misleading impression of a fairly...

Putin tries to stir the pot by playing the blame game in his Megyn Kelly interview: Ex-diplomat

Russian President Vladimir Putin’s comments in a recent sit-down with NBC News’ Megyn Kelly suited his own strategy, a former U.S. ambassador to Russia told CNBC on Monday. Thomas Pickering spoke the morning after the inaugural episode of “Sunday...