The combination of the growth of Facebook, Inc. (NASDAQ:FB) user base and its reasonable valuation could enable FB stock to reach record highs next year

0

The combination of the growth of Facebook, Inc. (NASDAQ:FB) user base and its reasonable valuation could enable FB stock to reach record highs next year With stock markets close to their  all-time highs, the recovery of Facebook (NASDAQ:FB) stock seems to have been almost overlooked. Trading close to $190, and just off recent highs. FB stock now has risen over...

Bitcoin: USD/BTC (BTC=X) Rally To Be Absurd

0

Bitcoin: USD/BTC (BTC=X) Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying by over 100% since the start of 2018, many are sure that “crypto winter” is over and the next rally is on. And while...

United States Oil (USO) falls amid surging U.S. crude inventories and weak demand from refineries

0

United States Oil (USO) falls amid surging U.S. crude inventories and weak demand from refineries Oil prices dropped by around 1% on Thursday, extending falls from the previous session amid surging U.S. crude inventories and weak demand from refineries. Brent crude futures, the international benchmark for oil prices, were at $70.36 per barrel at 0652 GMT, down 63 cents, or...

An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits

0

An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits Apple’s profits would plunge by almost 30% if China enacts a total ban on the company’s products, according to Goldman Sachs. The dollar amount would be a reduction in net income by over $US15 billion annually. According to Goldman Sachs analyst Rod Hall,...

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is cutting prices on some of the company’s older model cars

0

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is cutting prices on some of the company's older model cars Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model S and X vehicles. Merrill...

NASDAQ Composite (.IXIC) dipped as reports that Washington could impose restrictions on another Chinese technology company

0

NASDAQ Composite (.IXIC) dipped as reports that Washington could impose restrictions on another Chinese technology company U.S. stocks dipped on Wednesday as reports that Washington could impose restrictions on another Chinese technology company further inflamed trade tensions between the world's two largest economies. Fears that tit-for-tat tariffs and other retaliatory actionsby the United States and China will hit global growth...

Twitter, Inc. (NYSE:TWTR) showed that its efforts to improve the user experience were starting to pay off

0

Twitter, Inc. (NYSE:TWTR) showed that its efforts to improve the user experience were starting to pay off Twitter shares surged Tuesday after the company showed that its efforts to improve the user experience were starting to pay off. The key metric for Twitter TWTR, +2.96% is user growth, an area where the social-media company has shown recent struggles. That wasn’t...

Asia: Gold, USD, Crude Oil, Stocks & Commodities

0

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Up, Crude Oil Down, Stocks Down Notes: Investors bet most Asian currencies will come under further pressure, a Reuters poll showed, with trade tensions between the United States and China firmly dominating headlines once again. US Crude Oil inventories rose last week, hitting their highest marks since July 2017, due to...

Tesla’s (NASDAQ:TSLA) Stock Headed Due South

0

$TSLA For years in this column we have called Tesla's valuation out as fake, and finally the T-Bulls have relented and thrown in their towels(NASDAQ:TSLA) There is a “crisis of confidence” in the company, said Yahoo Finance senior columnist Rick Newman on The First Trade. When asked if Tesla’s stock could nosedive to 125 a share from about 200 currently before the electric car...

Ferrari (NYSE:RACE) is Fine Tuning its F1 Racer

0

$RACE The 2019 F1 campaign has been a big disappointment for Ferrari and its fans. Ferrari (NYSE:RACE) Team Chief Mattia Binotto suggested the team’s overall design concept was among the areas they think could be causing the pain and that has been a big part of their focus in the gap between races ahead of this weekend’s Monaco Grand Prix. Ferrari looked...