$RACE Mattia Binotto speaking on the events of the Mexican Grand Prix and said that Ferrari (NYSE:RACE) need to be braver and take risks… Ferrari missed out on Mexican GP victory as Pole-sitter Charles Leclerc finished 4th having stopped 2X for new tyres, whereas Lewis Hamilton stopped just once, and Leclerc’s 2nd stop on Lap […]
$RACE This is a lesson grounded in practicality using ROE to better understand Ferrari (NYSE:RACE). Ferrari has a ROE of 61%, based on the last 12 months, meaning that for every $1 worth of shareholders’ equity, it generated 61c in profit. Return on Equity = Net Profit ÷ Shareholders’ Equity For Ferrari: 61% = €837-M […]
$DIA, $SPY, $QQQ, $RURX, $VXX Investor money coming off of the sidelines as the DJIA rose 300.86 points, or 1.11%, to 27,347.09, the S&P 500 gained 29.36 points, or 0.97%, to 3,066.92 and the NAS Comp added 94.04 points, or 1.13%, to 8,386.40. The DJIA sits less than 12 points from a closing record. President Trump applauded […]
Lawsuit accuses Facebook, Inc. (NASDAQ:FB) ad targeting of abetting bias A lawsuit filed on Thursday accuses Facebook of letting ad targeting tools be used to exclude women and older people from offers regarding loans, investments and other financial services. Two law firms have filed a discrimination suit in San Francisco federal court on behalf of […]
Asian markets were mixed on Friday but about the China-US trade talks returned to the fore after a report said Beijing officials had raised doubts about the chances of a long-term deal. Investors were also spooked by a speech by Secretary of State Mike Pompeo, in which he called China “truly hostile” to the US, […]
Alibaba Group Holding Limited (NYSE:BABA) set to report second quarter fiscal 2020 earnings results before the opening bell Is this the quarter Alibaba (BABA) stock reclaims the $200 threshold? The shares have fallen 7% over the past six months, compared to a 3% rise for the S&P 500 index. Investors are looking for a reason […]
Apple Inc. (NASDAQ:AAPL) impressed investors with better-than-expected September-quarter results Consumer electronics heavyweight Apple (AAPL) impressed investors with better-than-expected September-quarter results and an optimistic outlook for the holiday quarter. Apple stock surged on Thursday and neared an all-time high. At least 16 Wall Street analysts raised their price targets on Apple stock following the company’s fiscal fourth-quarter report late Wednesday. Of […]
Dow Jones Industrial Average (.DJI) investors continue to worry about the US economy and the potential for a US-China trade deal The Dow and US stocks finished lower on Thursday, knocked down by worries about the US economy and the potential for a US-China trade deal. On top of that, the Federal Reserve’s market-stimulating interest […]
$AAPL, $ETSY, $FB, $LYFT, $SBUX, $TSLA 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: Apple Inc. (NASDAQ:AAPL) Wedbush Securities reiterated it as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 closed lower on trade concerns, but finished the month in the Green. Thursday, President Trump hammered the Fed and Chairman Powell in a Tweet, that despite interest rates dropping by another Quarter point. In a 2-part Tweet, President Trump argued that the Fed has placed the United States at a […]
$WDRFF, $AEMC, $DIS, $CMCSA, $LGF, $SNE Recently, Wonderfilm Media Corporation (WDRFF), an iconic producer of high-quality feature films and episodic television with international appeal today, announced an $50-M asset-backed low risk debt facility designed to escalate the pace of the Company’s revenue and increase overall production efficiency. “The arrangement streamlines this procedure, allowing us to […]
Singapore: STI Index (.STI) higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track Asian shares rose on Thursday (Oct 31) and US stock futures edged higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track. MSCI’s broadest index of Asia-Pacific […]
Hong Kong: HANG SENG INDEX (.HSI) GDP growth slows down in the recession Hong Kong stocks broke a two-day losing streak on Thursday, with bank and property stocks among the gainers after moves in the US and the city to lower interest rates. The Hang Seng Index rose 0.9 per cent to finish at 26,906.72. […]
UK FTSE 100 (.FTSE) knocked by trade war fears The FTSE 100 suffered its biggest drop in almost a month yesterday as a series of heavyweight falls and fears that progress in US-China trade war talks may be stalling dragged on the blue-chip index. It closed the day down 82.40 points at 7,248.38, after its […]
Australia: S&P/ASX 200 (.AXJO) Expected to Open Lower Dragged lower by weakness in banking stocks, Australian shares recorded their first back to back decline in two weeks on Thursday. The benchmark S&P/ASX 200 Index slid 26.1 points, or 0.4 per cent, to close at 6663.4, bucking the positive lead provided by Wall Street after the […]
DAX PERFORMANCE-INDEX (.GDAXI) consolidation likely to bring another leg higher The DAX has shifted into another sideways phase, following on from a clear uptrend throughout October thus far. The decline into 12,827 represents a move to match the lows from Friday, which would bring a more bearish picture into play if broken. We will ultimately need to […]
Shanghai: SSE Composite Index (.SSEC) Renewed Uncertainty About Trade Deal After ending the previous session moderately higher, stocks moved mostly lower over the course of the trading day on Thursday. With the drop on the day, the S&P 500 pulled back off yesterday’s record closing high. The major averages staged a recovery attempt going into […]
Dow Jones Industrial Average (.DJI) hits a record high for the second time this week Stocks closed broadly higher on Wall Street on Wednesday, sending the S&P 500 to a record high for the second time this week, as investors welcomed the Federal Reserve’s decision to lower interest rates for the third time this year. […]
Alibaba Group Holding Limited (NYSE:BABA) set to report second-quarter fiscal 2020 results on Nov 1 Alibaba Group Holding Limited BABA is set to report second-quarter fiscal 2020 results on Nov 1. In the last reported quarter, the Chinese e-commerce giant delivered a positive earnings surprise of 22%. The surprise history has been decent in Alibaba’s case. […]
Apple Inc. (NASDAQ:AAPL) reported strong-than-expected profits for the past quarter Apple on Wednesday reported strong-than-expected profits for the past quarter, fueled by growth in digital services and wearables that helped offset slower iPhone sales. Profit in the quarter ending in September dipped four percent from a year ago to $13.7 billion while revenues edged up […]
Tesla, Inc. (NASDAQ:TSLA) Model 3’s has been approved with the New York City Taxi and Limousine Commission The Ford Crown Victoria was the first car to became the de facto New York yellow cab icon. Then, the Toyota Camry. Next, the Tesla Model 3? It’s absolutely possible, because the vehicle is now certified to operate […]
Facebook, Inc. (NASDAQ:FB) reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency Facebook on Wednesday reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency. The leading social network said […]
Twitter, Inc. (NYSE:TWTR) to ban political ads worldwide Twitter said Wednesday it would stop accepting political advertising globally on its platform, responding to growing concerns over misinformation from politicians on social media. Chief executive Jack Dorsey tweeted that while internet advertising “is incredibly powerful and very effective for commercial advertisers, that power brings significant risks […]
$ADI, $AAPL, $BMRN, $GLW, $EA, $MCHP 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: Analog Devices Inc. (NASDAQ:ADI) was raised to Outperform […]
$RACE Lewis Hamilton may likely celebrate his 6th World Championship at the end of the United States Grand Prix Sunday. He has won the title in each of the past 2 years, holds a 74-point lead over MercedesAME team-mate Valtteri Bottas with a maximum of 78 available over the remaining 3 races of Y 2019. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 sets new record high Strong hawkish signals from Fed Chairman Jerome Powell that he is, for now, finished cutting interest rates failed to incite terror in the Us stock market. Quite the opposite: the S&P 500 erased early losses and rose as much as 0.4% during the final […]
Hong Kong: HANG SENG INDEX (.HSI) investors taking profits, and as the city’s leader warned that Hong Kong could record negative growth for the full 2019 year The Hang Seng index closed 104.50 points down or 0.39% at 26,786.76. The Hang Seng China Enterprises index fell 0.22% to 10,547. The sub-index of the Hang Seng […]
The Boeing Company (NYSE:BA) Chief Executive Dennis Muilenburg faced another round of tough questions Boeing Chief Executive Dennis Muilenburg faced another round of tough questions on Wednesday, with lawmakers calling out the aerospace giant for not holding top leaders accountable after two deadly crashes. The second round of congressional hearings into the Boeing 737 MAX […]
Australia: S&P/ASX 200 (.AXJO) economic data events combined to knock the local market lower The longest rally in Australian shares in over two years came to abrupt end on Wednesday as reduced rate cut bets from the RBA, uncertainty over progress in US-China trade negations and caution ahead of several key central bank and economic […]
Tesla, Inc. (NASDAQ:TSLA) sales in China and other regions surged Tesla Inc’s third-quarter revenue tumbled 39% in the United States, its first drop in more than two years, but sales in China and other regions surged, the electric car maker’s break down of sales by geography showed on Tuesday. U.S. sales, which account for the […]
Amazon.com, Inc. (NASDAQ:AMZN) Prime members can now benefit from free grocery deliveries within 1–2 hour US Amazon Prime members can now benefit from free grocery deliveries within 1–2 hours as the online retail firm makes Amazon Fresh a standard benefit of the subscription. The Amazon Fresh service, that previously cost an extra 14.99 a month, […]
Facebook, Inc. (NASDAQ:FB) Earnings After Bell The world’s largest social media site is gearing up for Q3 earnings. Facebook FB is releasing its Q3 earnings report Wednesday, October 30th, after the bell and growth expectations are substantial. FB is typically a big mover on earnings releases with an average move of 7.4% over the past […]
Alphabet Inc. (NASDAQ:GOOG) CFO Earnings Call Comment Raises Analyst Concern Google-parent Alphabet (GOOGL) reported third-quarter earnings that missed analyst estimates amid cloud computing investments and a hiring spree. Google stock on Tuesday retreated on the news, slipping below a buy point. Google, which reported results late Monday, said adjusted earnings were $10.12 a share, with gross revenue […]
Apple Inc. (NASDAQ:AAPL) earnings will provide some early insight into how Apple’s new iPhones are selling Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter […]
NASDAQ Composite (.IXIC) may give back some ground in early trading After ending the previous session mostly higher, stocks may give back some ground in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 42 points. Profit taking may contribute […]
Dow Jones Industrial Average (.DJI) closer to a new record The S&P 500 marked another all-time high while the Dow Jones Industrial Average edged closer to a new record, as health care stocks rallied but techs lagged in the stock market today. In early afternoon trading in New York, the Dow Jones industrials climbed 0.1%, the […]
$AMZN, $AXP, $AAPL, $JPM, $QSR, $WORK, $SUN 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: Alphabet Inc. (NASDAQ:GOOGL) Raymond James reiterated the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 edged lower to cap a 4-session win streak Tuesday and it retreated from a record high on some profit taking. Hopes of a US-China trade deal and expectations of another interest rate cut by the FOMC when it concludes its 2-day meeting Wednesday have pushed stocks higher […]
Hong Kong: HANG SENG INDEX (.HSI) investors monitoring further developments on the U.S.-China trade front Major Asian markets were mixed on Tuesday as investors monitored further developments on the U.S.-China trade front, with the two economic powerhouses working toward a deal. In Tokyo, the Nikkei 225 index gained 106.86 points, or 0.5%, to 22,974.13. The […]
UK FTSE 100 (.FTSE) investors in Britain in a cautious mood as UK heads for election London stocks slipped on Tuesday as the prospect of a December general election put investors in Britain in a cautious mood, while heavyweight BP slid on lower profits. Market losses accelerated after a Reuters report that a “phase one” […]
Singapore: STI Index (.STI) investors growing increasingly optimistic over concrete progress on the US-China trade front Taking cues from Monday’s record close on Wall Street, Asian markets were mostly higher on Tuesday, with investors growing increasingly optimistic over concrete progress on the US-China trade front as well as diminishing fears of a no-deal Brexit. Returning […]
Shanghai: SSE Composite Index (.SSEC) Investors enduring optimism over Sino-American trade talks and hopes of an interest-rate cut in the U.S Asian stocks outside of Japan extended gains on Tuesday amid enduring optimism over Sino-American trade talks and hopes of an interest-rate cut in the U.S. The Nikkei Asia300 Index added 0.3% to 1,303.66. Gains […]
DAX PERFORMANCE-INDEX (.GDAXI) consolidating after continued upside The DAX remains within an intraday uptrend, with the index managing to push into a 16-month high yesterday. While the price is now stagnating, another leg higher looks likely before long. As such, a bullish outlook remains in play unless we see a break below the 12,888 level. Watch for […]
$AMD, $AVRO, $FSLR, $JBLU, $LOW, $NFLX, $PG, $QEP, $RUKU, $TRP, $TIF 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: Advanced Micro Devices […]
Virgin Galactic landed on Wall Street Monday, debuting its listing on the New York Stock Exchange (NYSE) in a first for a space tourism company. Founder Richard Branson appeared on the floor of the NYSE to ring a bell marking the beginning of trading, as fireworks jetted behind him. “We have pioneered several space milestones, […]
Alibaba Group Holding Limited (NYSE:BABA) growth prospects remain strong as it moves further into its post-Jack Ma era Shares of Alibaba BABA have climbed over 7% in the last month as the Chinese e-commerce firm prepares to release its September quarter earnings results on Friday, November 1. Alibaba stock has been volatile over the past two years. […]
Alphabet Inc. (NASDAQ:GOOG) parent Alphabet makes offer to buy Fitbit Google parent company Alphabet made an offer to acquire Fitbit, a source familiar with the matter told CNBC Monday. Reuters first reported that Alphabet made the offer to buy Fitbit. Fitbit’s stock was halted after skyrocketing more than 18%. The stock resumed trading and ended the day up 30.5%, adding more […]
Facebook, Inc. (NASDAQ:FB) continues to pile up impressive revenue and monthly active users It sounds like a broken record, but Facebook Inc.’s results continue to do just that: break records. Expect more of the same Wednesday, when the social-networking giant announces third-quarter results. KeyBanc Capital Markets analyst Andy Hargreaves certainly does. “We expect Facebook to […]
Alphabet Inc. (NASDAQ:GOOG) parent Alphabet reported a sharp drop in profits Google parent Alphabet on Monday reported a sharp drop in profits over the past quarter as it ramped up spending for the launch of a wide array of new gadgets and services. Profit dipped 23 percent from a year ago to $7.1 billion as […]
A defamation case against Tesla, Inc. (NASDAQ:TSLA) and SpaceX founder Elon Musk is set to go ahead in December The case is being brought by British caver Vernon Unsworth, who played a key role in the rescue of 12 boys and their soccer coach from a cave in Thailand last year. Mr Musk, in a […]
Ford Motor Company (NYSE:F) to lay off about 450 employees in Canada US automaker Ford said Monday it would lay off about 450 employees in Canada as it ends production of two vehicles currently assembled there. This month, Ford stopped making the Lincoln MKT at its Oakville assembly plant west of Toronto, and will discontinue […]
Dow Jones Industrial Average (.DJI) could all end October at record highs The Dow sprang higher on Monday, as the US stock market’s three primary indices all ticked closer toward ending the month at new all-time highs. October has been a relatively quiet month for US stocks. Neither third-quarter earnings results, new developments in the […]
Apple Inc. (NASDAQ:AAPL) on track to extend the streak of record closes to four sessions Shares of Apple Inc. AAPL, +1.00% rose 0.3% in premarket trading Monday, putting them on track to extend the streak of record closes to four sessions, after J.P. Morgan analyst Samik Chatterjee raised his price target enough to make him […]
$RACE Ferrari (NYSE:RACE) is expected to deliver a Y-Y increase in earnings on higher revenues when it reports results for the Quarter ended September 2019. The stock may move higher if these Key numbers top expectations in the upcoming earnings report, which is expected to be released on 4 November, if they miss, the stock […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 sets new intraday and closing records DJIA +132.66 at 27090.72, NAS Comp +82.87 at 8325.99, S&P 500 +16.87 at 3039.42 Volume: Trade on the NYSE came at 777-M/shares exchanged The S&P 500 set new record highs Monday, increasing 0.6% as trade sentiment remained upbeat and investors reacted positively to corporate news. The NAS Comp (+1.0%) and […]
Australia: S&P/ASX 200 (.AXJO) pointing to an early bounce The Australian share market has given up nearly all of its early gains, just barely extending its winning streak to six days ahead of busy week for economic data. After being up by as many as 27 points in the morning, the benchmark S&P/ASX200 index finished […]
$USD, $DIA, $SPY, $QQQ, $RUTX, $VXX The US Dem House’s impeachment focus is not even a distraction to the financial market, as nothing will or can come of it, as in the world of geopolitics something big happened at the weekend. Sunday, President Trump announced that Abu Bakr al-Baghdadi, the leader of the so-called Islamic […]
Dow Jones Industrial Average (.DJI) market rally is on the cusp of a record high Dow Jones futures rose slightly Sunday night, along with S&P 500 futures and Nasdaq futures. The stock market rally is on the cusp of a record high, led by the S&P 500. Apple (AAPL) is at new highs, with one last test […]
NASDAQ Composite (.IXIC) earnings upbeat, more due this week US stocks rose on Friday after Washington said it was close to finalising parts of a trade pact with Beijing, while strong quarterly results from Intel boosted investor sentiment, sending the S&P 500 briefly over a record high. During the session, the benchmark index peaked at […]
Apple Inc. (NASDAQ:AAPL) earnings are on tap Wednesday night while the Apple TV+ streaming service launches Friday Apple Inc. is scheduled to release earnings after Wednesday’s close. As of Friday’s close, the stock hit a record high of $246.73/share and closed just below that level. The stock is prone to big moves after reporting earnings and […]
Asian markets rallied Monday after China and the US said they were close to agreeing a mini trade deal, but the pound extended losses on fresh Brexit uncertainty while EU leaders consider extending a deadline for Britain to leave the bloc. Investors tracked a strong lead from Wall Street, where the S & P 500 […]
Tesla, Inc. (NASDAQ:TSLA) new $35,000 solar roofs unveiled; company hopes to install 1,000 roofs a week within months A brand-new Tesla may be coming soon to your neighborhood. But it could be on top of your neighbors’ home, not parked in their driveway. Tesla Inc. TSLA, +9.49% Chief Executive Elon Musk on Friday unveiled the electric-car company’s new solar-paneled […]
HSBC Holdings plc (NYSE:HSBC) third-quarter profits slipped and the lender warned of further headwinds HSBC’s interim chief executive on Monday said the banking giant was underperforming in parts of Europe and the United States, as third-quarter profits slipped and the lender warned of further headwinds. The Asia-focused behemoth has been trying to lower costs as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX About 20% of S&P 500 members reported earnings this week, and on balance they have beaten expectations. That has persuaded investors US companies are weathering the trade storm and reminded them slowing global growth is not the same as no global growth, or Risk On! Stay tuned… The Big Qs: […]
Shanghai: SSE Composite Index (.SSEC) plans to make it easier to do business in the city Shanghai, which has improved the business environment substantially over the years, plans to make it further easier to do business in the city. The city, with a 55 percent weighting in the accessment for China in the World Bank’s […]
$RACE Lewis Hamilton triumphed in a super finish to the Mexican Grand Prix, brilliantly making an ambitious 1-stop strategy work to win out from Ferrari’s Sebastian Vettel and his MercedesAMG team mate Valtteri Bottas – although it was not quite enough for him to secure his 6th drivers’ title over Bottas at the Autodromo Hermanos […]
Hong Kong: HANG SENG INDEX (.HSI) stocks are trading about 9% cheaper than the five-year average The economy is heading for a recession, violent protests show no sign of easing and yet Hong Kong’s financial markets are enjoying an unusual period of calm. A gauge of Hang Seng Index volatility has fallen more than 20% […]
$DIS, $VIA, $SNE, $IMAX The 2 holdovers lead a quiet pre-Halloween weekend Among new entries ‘The Current War’ blacked out with $2.7-M In this Super Villain showdown, Joker edged out Maleficent: Mistress of Evil at the weekend box office. Warner Bros. is estimating a North American gross of $18.9-M for Joker, while Disney (NYSE:DIS) shows Maleficent at $18.5-M. It’s always possible the […]
Pretax profits in the securities industry reached $15.1 billion in the first six months of 2019, an 11 percent increase over the same period last year, and the best start in a decade, but a slowdown in the global economy and other factors pose threats to second half profits, according to State Comptroller Thomas P. […]
$RACE Charles Leclerc and Sebastian Vettel will start Sunday’s Mexican Grand Prix from the front row when it gets underway at 13.10 local time (20.10 CET) It was not as easy as it sounds however, as the final minutes of Q3 were chaotic. Sebastian Vettel was not able to fight for Pole all the way […]
$PCG A wildfire in California wine country that may have been caused by a high-voltage transmission line called into question Pacific Gas & Electric’s (NYSE:PCG)strategy of selectively cutting off power in windy weather to prevent blazes and could force it to resort to even bigger blackouts affecting millions this weekend. The repeated shut-offs and the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Week in Review: Cyclical sectors lead S&P 500 back to record levels in earnings-driven advance The S&P 500 advanced for the 3rd week running, rising 1.2% and nearly setting new record highs as investors remained pleased with earnings reports. The DJIA rose 0.7%, the NAS Comp rose 1.9%, and the […]
Tesla, Inc. (NASDAQ:TSLA) analysts expect some skepticism will remain for at least another quarter Tesla delivered an unexpected profit for the third quarter on Wednesday, smashing analyst forecasts. The electric automaker reported earnings per share of $1.91, while analysts expected a loss per share of $0.24. The news sent Tesla’s stock surging as much as 20% in early market […]
NASDAQ Composite (.IXIC) third-quarter earnings season takes center stage The S&P 500 and Nasdaq index rose on Thursday, boosted by gains in Microsoft and PayPal, but Vice President Mike Pence’s comments on China rekindled worries ahead of trade talks. Pence accused China of curtailing “rights and liberties” in Hong Kong in a wide-ranging critique of […]
Dow Jones Industrial Average (.DJI) Busy Earnings Calendar today The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp (MSFT.O), but dour results from 3M Co (MMM.N) stymied the Dow Jones Industrial Average. Microsoft shares gained 2.0% as the tech giant’s outlook for cloud computing […]
Apple Inc. (NASDAQ:AAPL) looks strong in China ahead of earnings Apple Inc. got a big vote of confidence from UBS, but it may not be enough to power shares toward yet another record high. UBS analyst Timothy Arcuri raised his Apple AAPL, +0.16% price target to $275 from $230 on Thursday, with the new target […]
The heir to the Samsung empire appeared in court Friday for a retrial over a sprawling corruption scandal that threatens to disrupt management at the world’s biggest smartphone and memory chip maker. Lee Jae-yong is vice-chairman of Samsung Electronics — where profits have been falling for months — and was jailed for five years in […]
Twitter, Inc. (NYSE:TWTR) No Rebound in Sight Twitter’s once-hot stock is cratering in premarket trading after the company added plenty of new users but struggled to sell advertising to market to them. Shares of Twitter fell by nearly 21% on Thursday, set to erase roughly half of the stock’s gains this year. Revenue for the […]
Amazon.com, Inc. (NASDAQ:AMZN) Falls in After Hours Trading Amazon.com Inc. profit fell for the first time in more than two years in the third quarter, and the company expects another earnings decline in the holiday-shopping season, which sent shares down more than 7% in late trading Thursday. Amazon AMZN, -5.98% reported third-quarter profit of $2.1 […]
$MZT, $MSFT, $NEPH, $OSK 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: MasTec Inc. (NYSE:MTZ) was downgraded to Neutral from Buy at […]
Sterling struggled to bounce back from losses owing to renewed Brexit uncertainty after Boris Johnson proposed a general election to resolve the long-running saga, while Asian markets were mostly down after a broadly positive week. With the prime minister giving up on a pledge to leave the EU by his Halloween deadline, he called for […]
$RACE Charles Leclerc says the Questions about the legality of Ferrari’s 1 engines are an attempt to “destabilise” his team, which he insists is not worried about the situation. Now, due to Ferrari’s current F1 power advantage, a number of the Maranello Outfit’s rivals had written to the FIA seeking clarification about the legality of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Saudi Aramco is exploring ways to reward loyal investors in its IPO (initial public offering) to ensure the record share sale is not followed by a wave of selling. One way that Aramco has discussed with Saudi regulators is whether it could offer bonus shares to retail stock buyers who […]
Shanghai: SSE Composite Index (.SSEC) Slightly Lower Pre-Market Asian shares were mixed on Thursday after U.S. stock indexes eked out tiny gains in a wobbly day of trading as investors reviewed another set of mixed company earnings. Japan’s Nikkei 225 advanced 0.6% to 22,763.93 and the Hang Seng in Hong Kong climbed 0.4% to 26,682.41. […]
Australia: S&P/ASX 200 (.AXJO) Expected to Rise at Open Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 6,620.49. The projected upper bound is: 6,836.20. The projected lower bound is: 6,562.42. The projected closing price is: 6,699.31. Candlesticks A white body occurred (because prices closed higher than […]
Hong Kong: HANG SENG INDEX (.HSI) Expected to Rise, Investors focus on more stimulus to support the island city’s faltering growth amid political unrest Hong Kong stocks closed higher on Thursday, on hopes of more stimulus to support the island city’s faltering growth amid political unrest. The Hang Seng index rose 0.9% to 26,797.95, while […]
DAX PERFORMANCE-INDEX (.GDAXI) Careful with Entries at these levels The DAX has pushed through the 12,817 resistance level, in a move that confirms the continuation of the uptrend seen throughout October thus far. The wider picture points towards the next resistance level of note coming around 13,208, and there is plenty of room for further upside in […]
Singapore: STI Index (.STI) Looks Set to Rise at Open Singapore shares climbed higher on Thursday morning, tracking a largely positive session on Wall Street overnight. US stocks rose modestly on Wednesday following a mixed round of earnings, that lifted US industrial bellwethers Boeing and Caterpillar despite earnings misses, but pummelled semiconductor shares. The Dow and the […]
UK FTSE 100 (.FTSE) On the Rise London’s exporter-heavy FTSE 100 jumped along with its European counterparts on strong French manufacturing data, while a sharp rise for AstraZeneca after a 2019 forecast upgrade and a slide in sterling amid Brexit woes also lent support. The blue-chip index climbed 0.9% to a near one-month high, taking […]
American Airlines rode strong demand for flying in the traveling public to higher earnings Thursday despite mounting costs connected to the prolonged grounding of the Boeing 737 MAX. Fuller flights amid a good consumer environment enabled American’s profits to soar 14.2 percent higher in third-quarter to $425 million. Revenues increased three percent to $11.9 billion. […]
French media firms said Thursday that they would drag Google before the country’s competition regulator over its refusal to compensate them for displaying their content in defiance of a strict new EU copyright law. The APIG press alliance, which groups dozens of national and regional newspapers, said it would also press the French government to […]
Twitter shares plunged Thursday after reporting glitches that impacted its ad-targeting ability, pulling down revenue growth in the past quarter. Profit for the third quarter was $37 million, a sharp drop from last year when the online messaging platform was helped by a large tax benefit. Revenue rose nine percent from a year earlier to […]
The initial deal on US-China trade will include much of the scuttled May deal’s agreement regarding IP (intellectual property) and will target enforcement mechanisms, White House trade adviser Peter Navarro said early Thursday, adding that he hopes the Chinese negotiate in “good faith.” “The good news about this phase one … is it adopted virtually […]
$ARCH, $BIIB, $LGC, $CRWD, $FBK, $SNAP 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: Arch Coal Inc. (NYSE:ARCH) was raised to Buy […]
Most Asian markets rose Thursday following a positive lead from Wall Street, while the pound was marginally higher as traders await the next Brexit move with the EU expected to extend Britain’s divorce deadline yet again. While US earnings on Wednesday were a mixed bag, investors remain broadly upbeat after better-than-forecast results so far have […]
The world’s second-largest memory chip maker, South Korea’s SK Hynix, posted its lowest quarterly profit in three years as it suffers from a long-running slump in the global chip market, it said Thursday. Korean chipmakers — led by behemoth Samsung Electronics — have enjoyed record profits in recent years as prices for their products soared. […]
Dow Jones Industrial Average (.DJI) Look Set to Continue Stocks eked out modest gains Wednesday after investors digested a slew of earnings reports from some of America’s largest companies, including Dow components Caterpillar and Boeing, shares of which rose despite both companies reporting weaker-than-expected earnings declines. Wall Street is also watching developments pegged to Brexit, […]
Is it time to collect profits with Apple Inc. (NASDAQ:AAPL) stock Wall Street’s main indexes were propped up by a rise in shares of Boeing and Apple, but gains were capped as weak earnings from Caterpillar and Texas instruments raised concerns about the impact of the U.S.-China trade war on global growth. \ Apple Inc […]
NASDAQ Composite (.IXIC) investors are focused squarely on earnings and Visa to report after hours Things were going so well yesterday, that is until The House of Commons voted against UK Prime Minister Boris Johnson’s attempt to fast track Brexit after voting in favor of the deal. That was enough to dry up bids and create […]
Facebook, Inc. (NASDAQ:FB) stock could revisit all-time highs Facebook (NASDAQ:FB) is no stranger to controversy. But even with data misuse with Cambridge Analytica, e-mails that allegedly linked Mark Zuckerberg to controversial privacy practices, and issues over its Libra cryptocurrency plans, Facebook stock has still managed to deliver, up 54% in 2019. As the company was put […]
