Boring is back.
In a choppy market, investors are shifting their strategy, eschewing the once sizzling sectors (think: tech) in favor of the more mundane variety (think: utilities).
Dividend-paying companies, long-considered a tad too defensive, are especially in vogue now.
Red hot names such as Tesla (TSLA) and Netflix (NFLX) have tumbled this month, while utility stocks, known for their healthy dividends, have jumped. The Utilities Select Sector SPDR Fund (XLU) is up over 9% this year. Its top MOREJesse Solomon - Apr 7, 2014 4:02 PM ET
Airbnb may soon be worth more than all but three of America's largest hotel chains.
The website that lets you rent people's homes and apartments is reportedly finalizing a deal to raise about $500 million more from private equity firm TPG Capital and other investors, bringing the company's valuation to $10 billion.
That would vault Airbnb ahead of Hyatt (H), Wyndham Worldwide (WYN) and Holiday Inn owner InterContinental (IHG).
All this from a site that's MOREHeather Long - Apr 7, 2014 10:43 AM ET
The once exclusive private equity industry continues to bet that average investors will want to invest in them.
Earlier this week, Los Angeles-based Ares Management filed to raise $100 million in an initial public offering, though IPO research firm Renaissance Capital estimates that the company could wind up raising $400 million.
The Ares IPO is the latest in a boom that began in 2007 when the Blackstone Group (BX) raised a staggering $4 MOREJesse Solomon - Apr 4, 2014 12:21 PM ET
What do cats and bonds have in common?
Not much, but that doesn't stop Bill Gross from dedicating his latest monthly investment outlook to his recently deceased feline companion.
The letter is titled "Bob," in honor of the Gross family's Maine Coon "Kitty," which passed away last week.
By the way, Gross is the chief investment officer at Pimco, the world's largest bond fund, which has nearly $2 trillion in assets under management.
Granted, MOREBen Rooney - Apr 3, 2014 5:38 PM ET
by Lee Munson
I love you, New York City, but you're killing me. There's a reason I stay in my remote third world country called New Mexico.
The media focus on Michael Lewis' new book, "Flash Boys: A Wall Street Revolt," irritates the hell out of me.
Lewis wants everyone to get worked up about high-frequency trading (dubbed HFT for short). Balderdash. This is an old subject with little relevance to individual investors.
Here's MOREApr 3, 2014 3:20 PM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
Quick! What's the hottest media tech stock of the past few months? Amazon? Netflix? Google?
Nope. Try World Wrestling Entertainment.
Shares of the WWE (WWE) have surged an astonishing 220% in the past year and are up MOREPaul R. La Monica - Apr 3, 2014 2:06 PM ET
Worrying economic data out of China had raised expectations in recent weeks that Beijing would respond with stimulus measures in an effort to stabilize growth.
The State Council obliged late Wednesday, announcing a slate of new measures including railway and urban redevelopment projects, along with a tax break for small businesses.
Market reaction on Thursday was muted. After an initial boost, the Shanghai Composite ended the day in negative territory. Hong Kong's Hang Seng was little changed.
There are MORECharles Riley - Apr 2, 2014 11:16 PM ET
If finance had a hall of fame, Warren Buffett, Carl Icahn, John Paulson, George Soros and Bill Ackman would probably be in it.
These men aren't just rich, they've managed to beat the market consistently.
Plenty of investors dream of being in their league, but decoding the market on your own is tough and buying into many of these famed investors' funds is steep.
While you can purchase a class B share of MOREHeather Long - Apr 2, 2014 10:51 AM ET
This article was published in the April issue of Money magazine.
Investors often cheer when businesses aggressively purchase their own stock, as is the case today. Not only do buybacks boost earnings per share by reducing the number of shares outstanding, but they're also a sign of confidence. If a CEO thinks his stock is worth buying, shouldn't you?
Often the answer is yes. Consider that the PowerShares Buyback Achievers ETF (PKW) has returned MOREPaul R. La Monica - Apr 2, 2014 10:00 AM ET
High-frequency trading is the talk of Wall Street this week, but it turned to high-frequency blows today when Michael Lewis went on CNBC to discuss his controversial new book "Flash Boys".
Lewis appeared with Brad Katsuyama, one of the few heroes in his book, to discuss the issues with rapid trading and whether the stock market is "rigged".
Things got a little heated when the president of BATS Global Markets, a stock MOREApr 1, 2014 3:50 PM ET
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