One stock has fell short of chipmakers’ big comeback. Nvidia remains nearly 50 percent below its 52-week high set back in October, while the SMH semiconductor ETF is around 10 percent from sealing its own new record. Todd Gordon, founder of TradingAnalysis.com, sees a bigger break lower for the semis stock. “You can see that
Investors everywhere are watching the 2,800 level on the S&P 500 to see if the stock rally will fizzle there, or break through, signaling the potential for new highs.
This morning, Square (NYSE:SQ) stock initially dropped before quickly reversing course. The payments processors reported fourth-quarter numbers that were largely above expectations, but included a mixed guide. Investors were initially disappointed by a weak Q1 profit guide. But they shrugged that off, and instead focused on an above-consensus full-year 2019 revenue and profit guide. Consequently, SQ
U.S. equities are dribbling lower on Thursday as the Trump-Kim summit in Hanoi abruptly ended with no agreement. Adding to the pressure was a batch of weak economic data overnight out of Asia and a stronger-than-expected Q4 GDP report here at home, which could potentially up the pressure on the Federal Reserve to resume its
It’s another choppy session on Wall Street as investors react to better-than-expected fourth-quarter GDP data and try to interpret continuous trade-deal headlines that keep crossing the wire. All the while, individual stocks continue to put together big-time moves. Let’s look at a few top stock trades to get see which are standing out the most.
Gold notched that multimonth peak just over a week ago on the back of uncertainty linked to Brexit, the U.S.-China trade dispute, and global economic growth. But prices on Thursday were in jeopardy of suffering a loss for the month on the heels of four monthly gains–the longest upward streak since 2016. “Prices have run
Share to facebook Share to twitter Share to linkedin These 23 funds are the cheapest of their type for in-and-out trades. Shutterstock What does it cost to own the whole bond market for a brief period? This ranking tells you. The table scores exchange-traded funds for their three-month holding costs, defined to include the effect
General Electric CEO Larry Culp has simplified the company’s report techniques and could be on the right path to fix the challenges in its power division, CNBC’s Jim Cramer said Wednesday. Culp, who became chief of GE in September, delivered his first annual letter to shareholders on Tuesday that Cramer said made a significant departure
Check out the companies making headlines after the bell:
Wall Street loves to use acronyms to group together stocks to buy through a common theme. The most famous of these acronyms is FANG, or Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). FANG was coined by Jim Cramer in 2013 to represent the future of the digital economy through the world’s four
When WW, the company formerly known as Weight Watchers International (NASDAQ:WTW), was founded back in 1963, its premise of empowerment was game-changing. It was practically impossible for dieters to know exactly how their diet was affecting their weight. The notion of empowerment has never really gone away. Indeed, the advent of the internet — and
After selling off in morning trade, U.S. stocks are trying buoy back in the afternoon session. So far, they’re doing a pretty good job of rallying off the lows. Let’s look at a few top stock trades to get a better idea of what’s going on under the surface. Top Stock Trades for Tomorrow #1:
Proposed Barrick Gold Deal Barrick Gold, the world’s largest gold producer, offered to buy U.S. rival Newmont for nearly $18 billion in all-stock transaction. Under the proposed deal, Newmont shareholders would receive 2.5694 Barrick shares per Newmont share. Barrick shareholders will own roughly 55.9% and Newmont shareholders will own around 44.1% of the combined entity.
It’s been a monster rally for one beverage stock. Monster Beverage, which sells its eponymous energy drinks, has rocketed more than 68,000 percent higher over the past 20 years, crushing the 200 percent gain by PepsiCo and 40 percent increase by Coca-Cola. Boris Schlossberg, managing director of FX strategy at BK Asset Management, said those
Federal Reserve Chairman Jerome Powell sidestepped a verbal hand grenade in his Congressional testimony on Tuesday. Sen. John Kennedy, R-LA, asked Powell where he stood on recent trial balloons to restrict the ability of corporations to buy back stock. Powell reflected for a moment and said that the allocation of capital has always been left
Check out the companies making headlines midday Wednesday:
General Motors (NYSE:GM) stock has moved into the fast lane this year. So far, the shares are up an impressive 19%. It’s true that – when you look at a longer time frame – the results are not as impressive. Consider that during the past five years, the average annual return of GM stock was
Real estate stocks have become a popular income investment vehicle. Most operate as real estate investment trusts (REITs). These REITs are supposed to pay at least 90% of their income in the form of dividends. In exchange, the REIT does not have to pay income tax on the net income generated from its properties. For
I understand the bull case for Shopify (NYSE:SHOP). The company’s platform is powering small business – and driving impressive revenue growth. Fundamentally and qualitatively, there are plenty of reasons to be bullish on Shopify stock. Indeed, I’ve made the bull case for Shopify stock in the past on more than one occasion. But I’ve backed
U.S. stock futures are inching lower this morning after a dull Tuesday trading session. Equities took a well-deserved breather near pivotal resistance (2,800) for the S&P 500. Heading into the open, futures on the Dow Jones Industrial Average are down 0.19% and S&P 500 futures are lower by 0.18%. Nasdaq-100 futures have lost 0.25%. The