Month: January 2020

Shares of global social media giant Facebook (NASDAQ:FB) slipped about 6% in late January after the company reported fourth-quarter numbers that, while ahead of expectations, didn’t beat estimates by as much as investors were hoping for considering the recent run-up in FB stock (shares were up nearly 20% in three months heading into the print).
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With the Federal Reserve set to pause once again on interest rates, investors have been given freedom to buy high-yielding assets. Bonds to REITs have seen their stars shine over the last few months. However, investors may want to focus beyond just a large headline yield. Truth be told, the best dividend stocks are those
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Stocks tumbled to end the week amid a batch of sour earnings reports from some cyclical companies and as coronavirus fears gripped trades around the world after the Center for Disease Control (CDC) could the respiratory illness an “unprecedented” health emergency. Source: Provided by Finviz The S&P 500 slid 1.78%. The Dow Jones Industrial Average
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It’s been a slow start to the year for silver (SLV), with the metal being flat year-to-date, significantly underperforming the yellow metal (GLD). However, this hasn’t stopped small speculators from continuing to stack long contracts, with long exposure to silver now at a new 18-month high at over 68,000 contracts. Generally, when the small speculators
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Elon Musk Jim Watson | AFP | Getty Images Tesla CEO Elon Musk doesn’t have a lot of love for Wall Street – a fact he often mentions, including on Wednesday night’s earnings conference call. To begin with, Musk’s company hosts an nontraditional quarterly call with shareholders: After making a short statement about Tesla’s results,
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To be blunt, meal kit maker Blue Apron (NASDAQ:APRN) has been a huge disappointment ever since the company made its Wall Street debut. Once hyped up as the future of grocery shopping and at-home meal distribution, Blue Apron is now a shell of its former self, with barely enough money to keep its doors open.
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Earlier this week Hexo Corp. (HEXO) stock slid after MKM downgraded the stock on news of a breach of contract lawsuit.   According to court papers, Hexo is being sued by Medipharm Labs Inc. for the non-payment of C$9.8 million ($7.5 million) related to shipments of cannabis resin. The lawsuit alleges that marijuana extractor Medipharm signed
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Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, January 7, 2020. Aly Song | Reuters Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1 billion-plus on Thursday as the company’s stock rocketed higher after its better-than-expected earnings report. Tesla popped 11.4%
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From late 2015 to late 2019, shares of Walmart (NYSE:WMT) ripped higher, from $60 to $120, as the mega-retailer got its groove back behind robust e-commerce expansion. Over the past few months, though, Walmart stock has fallen flat around $120, despite sustained robust e-commerce expansion, mostly because shares are fully priced. Source: fotomak / Shutterstock.com
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The market expected a withdrawal of 145 bcf The reaction to a larger than expected withdrawal tells a story Only eight weeks of winter left On January 30, the active month March natural gas futures contract reached a low after the EIA reported a larger than expected withdrawal from inventories. The price was just above
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