Airbus on Wednesday increased its estimate of the number of new aircraft needed over the coming two decades as airlines seek more fuel-efficient planes even as it trimmed its forecast for the increase in demand for air travel. In its latest Global Market Forecast for the next 20 years, the European aircraft maker said it […]
Huawei will step up its presence in the global market for computer hardware, a top company official said on Wednesday, as the Chinese telecom giant weathers a US assault on its 5G network and smartphone business. Deputy chairman Ken Hu said the strategy is based on expectations that “incredible computing power” is going to be […]
Dow Jones Industrial Average (.DJI) slightly lower as the Fed kicked off its two-day monetary policy meeting The Dow Jones Industrial Average was slightly lower in the stock market today as the Fed kicked off its two-day monetary policy meeting and oil prices plunged. The Nasdaq composite held a 0.1% gain, the S&P 500 was fractionally higher […]
Apple Inc. (NASDAQ:AAPL) stock is found in both value and growth funds As the “Great Rotation” grips the U.S. stock market, more investors are turning to “value” stocks, or those that are considered comparatively underpriced or overlooked. In the past couple of weeks, while the main U.S. stock indexes SPX, +0.26% DJIA, +0.13% COMP, +0.40% have hovered near all time highs, investors […]
Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains In the latest trading session, Facebook (FB) closed at $188.08, marking a +1% move from the previous day. The stock outpaced the S&P 500’s daily gain of 0.26%. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, added 0.4%. Prior to today’s trading, shares of the […]
$BAC, $CBOE, $CME, $IACI, $ICE, $SPLK, $UNP Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Wednesday, as follows: Bank of America Corp. (NYSE:BAC) was reiterated […]
FLASH: Gold Steady, USD Firm, Crude Oil Off, Stocks Steady to Up Headlines USD holds firm, -0.03% to 98.288. Crude Oil jitters ease Gold prices steady in cautious mood China stocks rise ahead of expected Fed rate cut Gold: Gold prices were little changed Wednesday as investors maintained a cautious stance ahead of the conclusion of FOMC […]
$RACE Mattia Binotto was formerly The Scuderia’s technical director, he took over from Maurizio Arrivabene as Team Principal at the start of this year. Things began well, with their SF90 the class of the field in pre-season testing, but that did not translate into race form, with rival MercedesAMG finishing 1-2 in the opening 5 […]
$DIA, $SPY, $QQQ, $RUTX, $$USO, $XAU, $GLD, $VXX S&P 500 closed higher in front of FOMC interest rate decision Wednesday 9 of the 11 S&P 500 sectors finished higher, led by the real estate (+1.4%), utilities (+0.9%), and materials (+0.7%) sectors. The energy (-1.5%) and industrials (-0.04%) sectors were the sectors to finish in the […]
Australia: S&P/ASX 200 (.AXJO) shares subdued ahead of the U.S. Federal Reserve’s policy meeting Australian shares were subdued on Tuesday, as markets trod cautiously in the wake of heightened tensions in the Middle East and ahead of the U.S. Federal Reserve’s policy meeting this week. The S&P/ASX 200 index declined 0.1% or 8.2 points to […]
Shanghai: SSE Composite Index (.SSEC) key stock index falls by the most in 10 weeks China’s stocks dropped by their most in 10 weeks on concern policymakers were not doing enough to arrest the decline in the nation’s economic growth, while a recent rally of smaller companies was judged to have been excessive. Hong Kong’s […]
Hong Kong: HANG SENG INDEX (.HSI) stocks slide for a second day as MTR retreated on train derailment China’s stocks dropped by their most in 10 weeks on concern policymakers were not doing enough to arrest the decline in the nation’s economic growth, while a recent rally of smaller companies was judged to have been […]
DAX PERFORMANCE-INDEX (.GDAXI) holds above Monday lows The price for the DAX failed to close the opening gap yesterday, with gains faltering at 12,400. However, downside was also limited, so another push above 12,400 may occur, with a target in the first instance of 12,500, before a fresh move towards 12,600. The current bounce is yet to […]
Alphabet Inc. (NASDAQ:GOOG) Stock Investors Shouldn’t Sweat Antitrust Spotlight Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock price has lagged the S&P 500 in 2019 despite some impressive growth numbers. One of the biggest reasons investors are skeptical is due to concerns about antitrust action. Antitrust fears were stoked last week on reports of two new big tech probes by 48 U.S. state attorneys […]
Alibaba Group Holding Limited (NYSE:BABA) Dips More Than Broader Markets: What You Should Know The 10th of September was a day that some holders of Alibaba (NYSE:BABA) stock were dreading: Jack Ma, the company’s flamboyant co-founder and chairman for 20 years, finally stepped down from his position on his 55th birthday. He’ll continue to serve as as part of […]
Fred’s, Inc. (NASDAQ:FRED) stock to be delisted starting Wednesday Fred’s common stock is set to be delisted from the Nasdaq market exchange beginning Wednesday, Sept. 18. The stock may be eligible for listing on the over-the-counter Pink Sheets, with a Q in the ticker symbol indicating the company is in bankruptcy. Fred’s also filed a […]
Dow Jones Industrial Average (.DJI) snaps 8-session win streak after attack on Saudi oil facilities sends crude soaring U.S. stocks ended lower Monday after a weekend attack on Saudi Arabia’s oil-production facilities unsettled global markets, halted the Dow’s eight-session winning streak and sent crude prices rocketing higher. The attacks played out in the Middle East […]
Tesla, Inc. (NASDAQ:TSLA) to reduce the number of vehicles sitting at its California factory Tesla will make a change to its delivery system next quarter designed to reduce the number of vehicles sitting at its Fremont, California, factory, Electrek‘s Fred Lambert reported. According to Electrek, Tesla will immediately send custom-ordered vehicles to local delivery hubs, instead […]
$AAPL,$ENPH, $LOW, $LYFT, $MA, $SLB, $UBER Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Tuesday, as follows: Apple Inc. (NASDAQ:AAPL) was reiterated as Outperform with […]
FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Cautious Headlines Crude Oil pares gains Middle East risks keep stocks in caution mode Gold prices little changed as markets eye Fed outlook Gold: Gold traded steady Tuesday as traders stayed on the sidelines ahead of a widely expected rate cut by the Fed on Wednesday. Spot gold was […]
$RACE Ferrari’s (NYSE:RACE) upcoming SUV will stand out in increasingly crowded segment. Ferrari’s highly controversial SUV is well on its way to production. The Purosangue will not be the firm’s 1st 4-seater, its history is full 2+2s. But it will be the 1st high-riding model with the Prancing Horse emblem on its nose. Conquering this territory is […]
Facebook, Inc. (NASDAQ:FB) to stop news headline changes from advertisers Facebook said Monday it is working to stop advertisers from changing headlines in links to news stories after concerns raised by a British political party’s altering of one such link. The leading social network confirmed the internal effort in the face of concerns over a […]
Alphabet Inc. (NASDAQ:GOOG) expected to unveil new Pixel phone on Oct. 15 Google on Monday sent out invitations to an October 15 event starring “things Made by Google,” with a new Pixel smartphone expected in the line-up. The unveiling in New York City is likely to spotlight Google’s Android-powered challenge to the latest generation of […]
Shanghai: SSE Composite Index (.SSEC) stocks mixed after downbeat economic data China stocks started the week on a mixed note after bleak economic data reinforced hopes Beijing will roll out more stimulus to underpin the economy and as investors pondered over the latest developments in the Sino-U.S. tariff war. The CSI300 index fell 0.2%, to […]
Hong Kong: HANG SENG INDEX (.HSI) slides amid more worrying economic news from China Asian markets mostly fell in early trading Monday as global crude futures soared following the weekend attack on Saudi Arabian oil facilities. West Texas Intermediate crude for October delivery CLV19, +12.85% , the U.S. benchmark contract, was up 10.4%, or $5.71, at $60.57 a […]
Singapore: STI Index (.STI) business confidence falls to near 2-year low Business confidence in Singapore has dropped to a near two-year low for the final quarter of this year, with the manufacturing sector and wholesale trade bracing themselves for a downturn, a new survey has shown. Business sentiment fell from +6.91 percentage points in the […]
Australia: S&P/ASX 200 (.AXJO) lower and “has just been steadily eating away at the losses” The Australian share market has finished marginally higher as gains by oil companies and goldminers outweighed declines elsewhere in the wake of a drone attack on two Saudi Arabian oil facilities. The benchmark S&P/ASX200 index closed on Monday up 4.3 […]
$ETSY, $FRT, $HD, $LOW, $ORCL, $PYPL Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Monday, as follows: Etsy Inc. (NASDAQ:ETSY) was raised to Outperform from […]
Apple Inc. (NASDAQ:AAPL) is becoming a camera company The iPhone 11 models Apple launched this week were more camera than phone. Sure, they can still send texts, download apps, and make video calls, but Apple spent a lot of time and effort marketing its new phones as powerful photography machines. It’s the latest sign that camera technology is where […]
Tianci International, Inc. (OTC:CIIT) Heffx Technical Trading Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 2.60. The projected lower bound is: 0.82. The projected closing price is: 1.71. Candlesticks A big white candle occurred. This is generally considered bullish, as […]
The Boeing Company (NYSE:BA) committee expected to make safety recommendations A small committee from Boeing’s board is expected to deliver safety recommendations to the full board this week, according to a source with knowledge of the situation. The committee is expected to call for changes to the company’s structure — including the creation of new […]
Dow Jones Industrial Average (.DJI) Look For Lead-Out Breakout While Small Caps stole the show last week, it may be the time for Large Caps to step up to the plate. Leading the charge is the S&P. The index is sitting just below resistance after ending the week just shy of a break of 3,025. Technicals […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Spikes, Stocks Off Headlines Crude Oil spikes after Saudi facility attacks, weak China data hits shares President Trump said the US is “locked & loaded” for a potential response to the attack on Saudi Arabia’s Crude Oil production facilities Gold rallies as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Looking at this market rally + The current stock market rally looks very cool on the surface. The DJIA rose 1.6% last week, with the S&P 500 + 1% and the NAS Comp up 0.9%. All are closing in on their 26 July all-time highs. But, the stock market rally […]
Shanghai: SSE Composite Index (.SSEC) Waiting On Data Ahead of Friday’s holiday for the Mid-Autumn Festival, the China stock market had halted the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Shanghai Composite Index now rests just above the 3,030-point plateau and it’s looking at a narrow trading […]
$SNE Hustlers rustled up a stellar $33.2-M from 3,250 theaters at the NA box office, the best start ever for STXfilms and the best live-action opening of Jennifer Lopez’s career. Hustlers is based on real-life events chronicled in a 2015 New York magazine story and stars Misses Wu and Lopez as strippers that lead a band of dancers in […]
Australia: S&P/ASX 200 (.AXJO) shares are set to ease with a cautious start to the week Australian shares are set to ease with a cautious start to the week as the US central bank’s pending policy decision is awaited. ASX futures were down 7 points or 0.1% to 6667. The local currency edged 0.2% higher. […]
$RACE Ferrari (NYSE:RACE) has introduced several new vehicles in the past 12 months. The Icona cars based on the 812 Superfast, F8 Tributo Berlinetta, SF90 Stradale gas-electric hybrid, and now is the perfect time to introduce not 1, but 2 spiders, the most romantic of all sports car designs. 1st, the central pillar of the […]
$RACE I have been talking and writing about the coming Ferrari UV for that last 3+ years, before it even had a name and it is still 3 yrs years away from production say in Y 2022. The Maranello Outfit’s 1st-ever FUV now officially has a name: Purosangue meaning “pureblood” or “thoroughbred” in Italian. It […]
$DIA, $SPY, $QQQ, $RUTX, $VXX With US-China trade tensions having roiled financial markets, investors are counting on support for stocks coming from a Fed willing to keep cutting interest rates to help the US economy avoid a severe downturn. A 1/4th pt rate reduction is expected when the FOMC issues its next policy statement this […]
Twitter, Inc. (NYSE:TWTR) Stock Sinks As Market Gains: What You Should Know Twitter (TWTR) closed the most recent trading day at $43.20, moving -0.12% from the previous trading session. This change lagged the S&P 500’s 0.29% gain on the day. Elsewhere, the Dow gained 0.17%, while the tech-heavy Nasdaq added 0.3%. Prior to today’s trading, […]
Facebook, Inc. (NASDAQ:FB) expected to rise from $200 to $275 Few months ago, I wrote an article on estimating Facebook’s (FB) future target prices, using then analysts’ forecast financials. Since the model’s forecast prices turned out to be reasonably accurate (Figure 2B below) and the current forecasts of forward financials have changed somewhat from March, it […]
Tesla, Inc. (NASDAQ:TSLA) Sinks As Market Gains Tesla (TSLA) closed the most recent trading day at $245.87, moving -0.5% from the previous trading session. This change lagged the S&P 500’s daily gain of 0.29%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.3%. Heading into today, shares of the electric car […]
Alphabet Inc. (NASDAQ:GOOG) ordered by NLRB to assure employees they can speak out on workplace issues Google, a unit of Alphabet Inc. GOOGL, +1.23%, has been ordered by federal regulators to assure its employees that they are allowed to speak out on workplace issues, according to a report in The Wall Street Journal. The report, which cited […]
Apple Inc. (NASDAQ:AAPL) stock heads for 4th straight gain to 11-month high Shares of Apple Inc. AAPL, -0.23% rose 0.9% in midday trading, putting them on track for a fourth-straight gain. The stock, which has rallied 5.8% during the win streak, is also headed for the highest close since Oct. 9, 2018. The stock’s gains come in the […]
Dow Jones Industrial Average (.DJI) logs 7th gain in a row on renewed trade optimism The Dow marked its longest win streak in more than a year Thursday, after the European Central Bank’s announced fresh stimulus measures, including an interest-rate cut that moved a deposit rate further into negative territory, raising hopes that the Federal […]
$ALLY, $ANTM, $CVNA, $PYPL, $TDOC, $UBER Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Friday, as follows: Ally Financial Inc. (NYSE:ALLY) was reiterated as Overweight […]
Equities rose in Asian trade Friday after the European Central Bank unveiled a fresh round of useless economic stimulus and another interest rate cut while a report said the US was considering a short-term trade agreement with China. Global markets have been buoyed this week by a growing sense that central banks are on the […]
United States Oil (USO) lower as optimism over an end to the US-China trade war faded Oil futures fell on Friday as optimism over an end to the US-China trade war faded, leaving prices set for a weekly loss after days of wild gyrations. Brent crude was down 17 cents, or 0.3 per cent, at […]
U.S. President Donald Trump is prepared to keep or even raise tariffs on Chinese imports amid ongoing trade talks, Treasury Secretary Steven Mnuchin said on Thursday, after both sides granted concessions ahead of the next round of negotiations. Still, Mnuchin said in an interview on CNBC, U.S. officials were looking to make progress when talks […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Off, Stocks Up Headlines Asian shares advance on US-China trade progress, ECB easing Crude Oil off on global demand worries despite hopes on trade talks Hong Kong gold market losing shine due to political unrest Gold dips as trade hopes fuel risk […]
$RACE Ferrari (NYSE:RACE) say the V12 could be in trouble. In an interview recently Ferrari Chief Technology Officer Michael Leiters said tightening emission regulations and new sound rules are making life difficult for the 12-cylinder engine. However, he says, the company is not abandoning the iconic powertrain yet even though the company is already packing smaller twin-turbo […]
Shanghai: SSE Composite Index (.SSEC) benchmark closes at highest level in 10 weeks The Shanghai Composite Index closed at its highest level in 10 weeks, as investment sentiment was buoyed by US president Donald Trump’s decision to delay tariffs for two weeks as a “gesture of goodwill” for celebrations marking the 70th anniversary of the […]
Singapore: STI Index (.STI) snaps three straight sessions of gains Most Southeast Asian stock markets closed lower on Thursday, with Indonesia falling the most, as signs of relief in the U.S.-China trade conflict failed to boost sentiment. U.S. President Donald Trump on Wednesday reciprocated to Beijing’s move to exempt levying charges on some American imports […]
Australia: S&P/ASX 200 (.AXJO) Investors reacted positively to the European Central Bank’s decision to lower interest rate Investors reacted positively Thursday to the European Central Bank’s decision to lower interest rates and engage in a new round of bond-buying as well as overtures between the U.S. and China ahead of the next round of trade […]
$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX US stocks extend rally on trade developments, ECB stimulus measures Tech gains led the S&P 500 and the NAS Comp higher, while financials gave the biggest boost to the blue-chip DJIA, which closed up for the 7th session running, its longest winning streak since May. Stocks rose worldwide as […]
$AA, $AAPL, $ELY, $GME, $NEM, $RH Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Thursday, as follows: Alcoa Inc. (NYSE:AA) was raised to Outperform from […]
NASDAQ Composite (.IXIC) rising to the highest level since July Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Stocks rallied, with the Nasdaq Composite Index rising to the highest level since July, as the rotation from momentum to value shares that began at the start of […]
Apple Inc. (NASDAQ:AAPL) reclaimed its status as a trillion-dollar company Apple Inc. reclaimed its status as a trillion-dollar company Wednesday, hitting that level for the first time since last November on the day after it showed off its next iPhones. Apple AAPL, +3.18% introduced its new lineup of iPhones and revealed pricing details for its forthcoming gaming and video […]
Facebook, Inc. (NASDAQ:FB) Outpaces Stock Market Gains: What You Should Know Facebook (FB) closed the most recent trading day at $188.49, moving +1.25% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.72%. Elsewhere, the Dow gained 0.85%, while the tech-heavy Nasdaq added 1.06%. Heading into today, shares of the […]
Amazon.com, Inc. (NASDAQ:AMZN) Probed by U.S. Antitrust Officials Over Marketplace A team of Federal Trade Commission investigators has begun interviewing small businesses that sell products on Amazon.com Inc. to determine whether the e-commerce giant is using its market power to hurt competition. Several attorneys and at least one economist have been conducting interviews that typically last about 90 […]
Dow Jones Industrial Average (.DJI) Extends Win Streak As These Key Stocks Rally The Dow Jones Industrial Average extended its win streak in the stock market today, thanks to a relief rally of sorts, as China waived tariffs on 16 U.S. products. The Nasdaq surged 1.1%. The Dow Jones industrials gained 0.8% and the S&P 500 […]
Tesla, Inc. (NASDAQ:TSLA) extending their gains to a third straight session Shares of Tesla Inc. TSLA, +4.91% on Wednesday hovered at their best in seven weeks and extended their gains to a third straight session. The stock is up more than 8% in September, a contrast with losses of nearly 7% in August. Chief Executive Elon Musk late […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Headlines Bears ease grip on most Asian currencies as trade worries fade Asian stocks at 6-wk highs as trade dispute gloom lifts before ECB meet Crude Oil gains on hopes for US-China trade dispute thaw Gold slips as trade […]
$XAU, $GLD Gold steady ahead of ECB meeting Thursday and FOMC meeting next week Gold futures remarked Key $1,500 oz Wednesday, as traders weighed President Trump’s latest Tweet calling for the Fed to cut interest rates down to Zero, ahead of the FOMC’s meeting next week. Prices for the precious Yellow metal traded between modest […]
$RACE The Key phrase in Ferrari’s 812 GTS debut announcement is ‘series production’ The words are important when it comes to the new drop-top front-engine V12 Ferrari, as in the recent past, Ferrari has been quick to put a cap on the number of such Supercars it would produce (-1), but that is now changed. The […]
UK FTSE 100 (.FTSE) advances on hopes of monetary stimulus UK blue-chips edged higher on Wednesday,buoyed by hopes of monetary stimulus from central banks as economic growth slows due to a prolonged trade war, while signs of a thaw in U.S.-China trade dispute also lifted sentiment. The FTSE 100 .FTSE was 0.4% higher by 0713 […]
Singapore: STI Index (.STI) Banks lead gains here There was much cheer for traders yesterday due to a confluence of factors supporting risk appetite ahead of today’s European Central Bank rate decision. The Straits Times Index (STI) advanced from the opening bell, eventually settling at 3,204.52, gaining 48.81 points or 1.55 per cent. It was […]
Australia: S&P/ASX 200 (.AXJO) shares managed to extend a September advance with banks and miners performing Australian shares managed to extend a September advance with banks and miners performing well, as one strategist suggested concerns about a global economic downturn were “overblown.” The S&P/ASX 200 index climbed 23 points, or 0.4 per cent, to 6638, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street finished higher on the strength in growth and value stocks President Trump met with economic aides Wednesday to discuss the possibility of cutting the tax on capital gains by indexing them to inflation His advisers updated on the issue, and a final decision on whether to pursue the […]
$AUPH, $IDYA, $PSX, $VLO, $WAB Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Wednesday, as follows: Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) was started with an Outperform […]
Dow Jones Industrial Average (.DJI) notches fifth straight gain as investors eye potential change in leadership U.S. stocks closed at session highs Tuesday as a rally in energy, industrials and materials stocks overshadowed a selloff in momentum-driven technology shares, helping the Dow extend its win streak to five sessions and the S&P 500 index avoid […]
NASDAQ Composite (.IXIC) retreats below 50-day moving average as stock market skids lower early Tuesday The Nasdaq Composite traded solidly lower early Tuesday, with the slump in the technology-laden index pushing it beneath its 50-day moving average. The Nasdaq COMP, -0.04% was down 1% at 8,011, or down 76 points, in recent action and had touched an intrday […]
Alphabet Inc. (NASDAQ:GOOG) is paying researchers to find third-party apps that misuse customer data Under increasing scrutiny by regulators and with security problems plaguing its Play Store and Chrome web browser, Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has announced a new bounty program aimed at helping clean things up. It comes at a precarious time for the Internet search giant. Business […]
Tesla, Inc. (NASDAQ:TSLA) Stock May Still Be Undervalued For so long, Tesla (TSLA) was so far ahead of the competition in the luxury-electric market, it saw nothing in its rearview mirror. But recently, other luxury automakers — include Mercedes, BMW, Audi and Jaguar — have been creeping up on the incumbent, with recently or soon-to-be […]
Alibaba Group Holding Limited (NYSE:BABA) Jack Ma retired Jack Ma retired on September 10 as executive chairman of Alibaba Group (NASDAQ:BABA) to become Bill Gates. (Or, maybe, Andrew Carnegie.) The Microsoft (NASDAQ:MSFT) co-founder retired at age 58 to become a full-time philanthropist and student of the world. Carnegie eventually gave away his entire fortune, worth $76 billion in 2019 dollars. […]
Facebook, Inc. (NASDAQ:FB) Dating Yet Another Positive Catalyst Facebook (NASDAQ:FB) hit a home run when the company announced its dating feature in the U.S. markets. Match Group (NASDAQ:MTCH) will no longer enjoy the absence of competition in the online dating market. Facebook has a huge user base and now has the chance to leverage Instagram alongside Facebook and […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Steady, Crude Oil Up, Stocks Firm Headlines Crude Oil prices up after bigger-than-expected fall in Us stockpiles Rising bond yields support value stocks ahead of central bank meetings Gold prices snap 4-day losing streak and focus on ECB meet USD steady as traders await Thursday’s […]
$RACE Ferrari (NYSE:RACE) joined other high-end automakers including Aston Martin, Bentley and Rolls-Royce in skipping this year’s Frankfurt auto show, despite launching 2 new models on the eve of the event. Ferrari chose to launch the F8 spider and 812 GTS in Maranello, Italy, despite the opportunity of an ideal venue in Germany, Europe’s biggest […]
$XAU, $GLD Gold prices slid Tuesday in Asia as the appetite for risk among investors has returned. Gold Futures for Dec 19 delivery were down 0.9% at $1,497.95 oz by 12:10 AM EDT (04:10 GMT) on the COMEX division of the New York Merc. Positive trade developments between the US and China sent stocks higher […]
$RACE Ferrari (NYSE:RACE) shares dropped 6% to the bottom of the FTSE MIB index, with investors booking profits after the Supercar maker unveiled 2 new cars Monday at Frankfurt, the stock is up 59% YTD. With a market capitalization of $37-B, Ferrari (NYSE:RACE) is similarly sized to Ford but about 50% the size of GM, and it […]
Australia: S&P/ASX 200 (.AXJO) poised for modest opening gains Australian shares are poised for modest opening gains as Wall Street managed to pare most losses in late trade to end mostly little changed. ASX futures were up 16 points or 0.2% to 6633 near 6.30am AEST. The local currency was flat. Industrials pulled the blue-chip […]
Apple unveiled its iPhone 11 models Tuesday with a price cut for the most basic models while also laying out plans for streaming and gaming services as it bids to weather the slump in the global smartphone market. At an Apple media event, price appeared to be a key consideration as the tech giant reduced […]
Hong Kong: HANG SENG INDEX (.HSI) mixed after weak China data Asian markets were mixed on Tuesday following the release of weak producer price data from China. Figures from China’s National Bureau of Statistics showed the largest contraction in factory gate prices in three years, with prices dropping by 0.8% compared to a year earlier in August, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 finishes higher as value stocks outperform Goldman Sach’s Private Wealth Management team has a simple firm message for its wealthy clients: stick with US equities. “As we have gone through various crises, we have still told clients to stay invested and not get out of US equities, it’s […]
$AAPL, $BX, $CAT, $CMG, $COST, $LVS Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Tuesday, as follows: Apple Inc. (NASDAQ:AAPL) was reiterated as Outperform with […]
Facebook, Inc. (NASDAQ:FB) has published an informational blog post about how its app collects and uses background location data from smartphones Less than two weeks before a likely iOS software update that will give iPhone users regular pop-ups telling them which apps are collecting information location in the background, Facebook has published a blog post about how the Facebook […]
Apple Inc. (NASDAQ:AAPL) expected to announce three new iPhones Apple’s next iPhones might not be able to charge other devices like the Apple Watch or AirPods after all, TF International Securities analyst Ming-Chi Kuo said in a note distributed to clients on Monday. The planned two-way wireless charging feature, which Kuo and Bloomberg have both reported is in development, would […]
Musk delays release of Tesla, Inc. (NASDAQ:TSLA) pickup truck prototype Tesla, Inc. CEO Elon Musk has pushed back the expected unveiling of the company’s long-awaited electric pickup truck to November, though he hasn’t made any firm promises on when the prototype will be released. Musk first announced plans to put out a pickup truck in late 2013, saying then […]
Alphabet Inc. (NASDAQ:GOOG) faces renewed antitrust pressure The Nasdaq Composite, the most tech-heavy of the major US stock indexes, slid on Monday as shares of Alphabet tumbled as much as 1% following the announcement of new antitrust investigation into Google’s ad business. A coalition of state attorneys general from 49 states and Washington, D.C. announced […]
NASDAQ Composite (.IXIC) market pulled back following gains last week The S&P 500 and Nasdaq were down slightly in Monday afternoon trading, led by losses in technology shares, as the market pulled back following gains last week. Microsoft Corp (MSFT.O) was the biggest drag on the S&P 500 .SPX and Nasdaq .IXIC. Technology stocks .SPLRCT fell more than […]
Dow Jones Industrial Average (.DJI) logs longest win streak in 8 weeks The Dow booked its fourth gain in a row on Monday but the broader market notched slight losses as investors looked ahead to European Central Bank and the Federal Reserve monetary policy moves, with both central banks expected to reveal easier-money initiatives in […]
Alibaba Group Holding Limited (NYSE:BABA) technicals can be viewed as solid Alibaba Group (NYSE:BABA) is either a case of the glass being half empty or half full. Although worries obviously abound for Chinese equities, the technicals of Alibaba stock can be viewed as solid. On Thursday, the U.S. markets all surged . The three major investment indices were […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat Crude Oil Up, Stocks Off Headlines Crude Oil hits 6-wk highs on hopes of extended OPEC output cuts Asian stocks mostly weaker on steep Chinese factory price declines Gold hits 4-wk low as stimulus hopes, trade optimism boost risk-on mode JPY, CHF fall as […]
$RACE The lore is: “I married the 12-cylinder engine and I never divorced it,” once noted Enzo Ferrari. And despite Enzo’s passing away more than 31 years ago, that love affair at Maranello continues, as evidenced by Monday morning’s debut of the Ferrari 812 GTS at the marque’s test track at Fiorano Modenese, Italy. The new convertible is the […]
DAX PERFORMANCE-INDEX (.GDAXI) aiming for 12,410 It has been a good few weeks for European equities, which have surged despite ongoing signs of economic weakness in the eurozone, and particularly in Germany for the DAX. The index breezed through the top of the August range, and then on through the 50- and 100-day moving averages […]
Shanghai: SSE Composite Index (.SSEC) Supported by ‘Soft’ Risk On Theme The major Asia Pacific stock indexes finished mostly higher on Monday as the “risk on” theme continued following last week’s announcement that the United States and China were set to resume trade talks in early October. There was also a limited response to Friday’s […]
Australia: S&P/ASX 200 (.AXJO) minor kick off The local share market started the week with a minor lift of 0.01 per cent or 1 point, after rising for three straight weeks as at Friday. We saw several stocks hit all-time highs on Friday and set new ones today, including Jumbo Interactive (ASX:JIN) Qube (ASX:QUB) and Aventus (ASX:AVN) which all set new […]
UK FTSE 100 (.FTSE) gains on firm oil prices UK stocks started the week on a positive note with the FTSE 100 index of leading stocks jumping 0.4% to 7,313. Firmer oil prices and a dip in the pound seem to be the main upside drivers. Shares in oil majors BP (BP.P) and Royal Dutch Shell (RDSB) both added 1.3% […]
$FMCC, $FMNA Fannie Mae and Freddie Mac spiked on good news for investors. US Treasury Secretary Steven Mnuchin said he will soon reach a deal to allow the 2 mortgage giants to retain earnings and a legal victory that gave shareholders renewed hope of getting their hands on some of the companies billions of dollars […]
