Australia: S&P/ASX 200 (.AXJO) shares are set to recoup some Australian shares are set to recoup some of Tuesday’s losses at the open as China expands its effort to contain the coronavirus. Equities in both Europe and on Wall Street are rebounding. ASX futures were up 42 points or 0.6% to 6981 near 4.45am AEDT. […]
$AMZN, $AM, $CLSD, $FB, $SPGI Daily HeffX-LTN reviews dozens of Wall 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 the list for Tuesday, 28 January, as follows: Amazon.com Inc. (NASDAQ:AMZN) was reiterated as Buy and the target price was raised to 2,300 from 2,100 […]
Facebook, Inc. (NASDAQ:FB) Q4 Preview: Buy FB Stock Before Earnings? Facebook FB is one of many tech giants scheduled to report its quarterly earnings results this week. FB shares have outperformed the S&P 500 and its industry over the last year despite continued backlash and political scrutiny. The Social Media Power’s Pitch Facebook’s pitch to […]
When will Tesla, Inc. (NASDAQ:TSLA) report its Q4 results? Tesla (TSLA) is set to report their fourth quarter, FY19 financial results on January 29 – after the market close. Fundamentals in focus To ignore Telsa’s improving fundamentals would be disingenuous. Even so, many commentators – while acknowledging the company’s ability to generate top-line growth, have […]
Tougher competition and a potential antitrust crackdown loom over Alibaba Group Holding Limited (NYSE:BABA) near term Without a doubt, Alibaba (NYSE:BABA) has many huge opportunities, including the growth of its cloud business, the continued expansion of e-commerce in China, and the company’s overseas growth. All of these positive catalysts could easily propel Alibaba stock much […]
Dow Jones Industrial Average (.DJI) investors grappled with fresh worries about the spread of a new virus in China that threatens global economic growth The sell-off gave the Dow its first 5-day losing streak since early August and handed the S&P 500 its worst day since early October. Both indexes were off about 1.5 percent, […]
What to Look For in Apple Inc. (NASDAQ:AAPL) First-Quarter Earnings Apple (NASDAQ:AAPL) will report earnings on Jan. 28 after market close. Broader indices, as well as many stocks like AAPL, remain near all-time highs. Year-to-date, Apple shares are up about 5.4%. Yet the new week is already promising to be a volatile one. So today I’ll […]
$RACE Recall in late Y 2018 the FerrariChat forum gave us the word that Ferrari (NYSE:RACE) planned 3 Special Editions of the 812Superfast. We saw one of them last November, in the targa-topped 812 GTS. The 2nd was rumored to go even further with the undress, boasting a speedster-like form omitting the roof entirely as well as most of the windshield. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX I herewith urge all investors to avoid making hasty decisions after China announced a rise in cases of a deadly new virus that the media says threatens to crimp global economic growth. Stocks markets pulled back worldwide Monday on the supposition that investors are worried about the potential economic impact of […]
UK FTSE 100 (.FTSE) hit by heavy sell-off as coronavirus fears spread The FTSE 100 has tumbled 2.2% as fears over the coronavirus spread, after the death toll in China rose to 81 and the number of cases reported worldwide hit 2,744. The UK blue-chip index slumped 165 points, or 2.2%, to 7,421 wiping out all […]
Australia: S&P/ASX 200 (.AXJO) poised to follow Wall Street when it resumes trading this morning Wall Street’s main indexes fell more than 1 per cent on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to […]
Tesla, Inc. (NASDAQ:TSLA) market value surpassed the $100 billion mark The U.S. electric car company Tesla has topped Germany’s Volkswagen to become the second most valuable automaker in the world. The electric car maker’s market value surpassed the $100 billion mark this week, overtaking Volkswagen’s approximate $99 billion. Both car companies still trail far behind […]
Dow Jones Industrial Average (.DJI) caution in chasing the market higher The Dow Jones remains elevated as tech and defensive sectors underpin the index. However, we see caution in chasing the market higher amid rising risks of a potential correction. Unlike the Chinese stock market (Hang Seng & Shanghai Composite), the latest concerns surrounding the […]
NASDAQ Composite (.IXIC) firms heading into earnings season Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than US$1 trillion since October. Now the world finds out if the rally made any sense. Twenty-six constituents are due to report quarterly results next week, […]
Amazon.com, Inc. (NASDAQ:AMZN) Not Happy Microsoft (NASDAQ:MSFT) has been on a roll the past year as everything it touches seems to turn to gold. As a result, Microsoft stock has generated a one-year total return of 57%, almost four times greater than Amazon (NASDAQ:AMZN), its biggest rival in the race to dominate the cloud. In […]
$XAU $GLD $XAG $SLV Gold spiked as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as Crude Oil tumbling. In the latest attempt at containment, China extended the week-long Lunar New Year holiday and banned all outgoing overseas group tours to avoid having travelers contribute to its spread. President Xi’s […]
$AAPL, $FB, $INTC, $PCRX, $WPX Daily HeffX-LTN reviews dozens of Wall 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 the list for Monday, 27 January, as follows: Apple Inc. (NASDAQ:AAPL) was reiterated as Outperform and the formal price target was lifted to 400 from […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $GLD, $XAU, $USO Last Week Stock action has improved with low to high gains and the stocks that stumbled Wednesday have showed stronger action. There has been excellent action in response to good earnings both during the trading session and after-hours. Bonds rallied, gold has risen and Crude Oil has […]
$RACE This year will see launch of what is probably the most exciting and important Ferrari in years. Even for an automaker that has repeatedly pushed the industry forward, the new SF90 Stradale is a journey into uncharted territory. Not only is the car the Maranello Outfit’s 1st plug-in hybrid, it is also its most powerful car yet. Powered […]
$RACE The Rolex 24 and 24 Hours of Le Mans are alike in 1 way, time, but different because the featured cars have their differences. That will change, as the 2 sanctioning bodies governing those events struck an agreement to develop a Top-tier prototype that will carry the name LMDh capable of capturing the overall […]
$XAU, $GLD Gold rose to a more than 2-week high Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at 1,573.53 oz by 1:41p EST (1841 GMT), having hit a peak since 8 January at 1,575.03 earlier in the session. The […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The States that backed Republican President Trump in Y 2016 have enjoyed faster growth last year than states that supported Democrat Hillary Clinton, a Yelp index shows. Five of the 7 fastest-growing states in the US during Y 2019 went Red in the last Presidential election, according to a trend tracked […]
$CVX, $XEC, $DOCU, $GE, $MSFT, $TSLA Daily HeffX-LTN reviews dozens of Wall 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 the list for Friday, 24 January, as follows: Chevron Corp. (NYSE:CVX) was raised to Sector Outperform from Sector Perform at Scotiabank. Chevron closed at […]
Facebook, Inc. (NASDAQ:FB), Amazon and Apple set records in annual spending on lobbying Facebook Inc., Amazon.com Inc. and Apple Inc. spent record amounts on lobbying in 2019, with Mark Zuckerberg’s social-media company leading the so-called FAANG companies in outlays aimed at influencing Washington, according to disclosures filed late Tuesday. Facebook FB, -0.70% shelled out $16.7 million […]
Tesla, Inc. (NASDAQ:TSLA) Exceeds $100 Billion Market Cap in Latest Stock Rally Tesla’s stock reached an all-time high on Wednesday when it opened at $571 per share, hoisting the company over the $100 billion market cap and making it the most valuable U.S. carmaker. Globally it comes in second behind only Toyota. The market cap […]
Alibaba Group Holding Limited (NYSE:BABA) Stock Could Climb Further With Alibaba (NYSE:BABA) stock just off its 52-week high, is now a good time to buy the shares? After treading water in the middle of 2019, Alibaba stock has rallied since November, with investors no longer discounting the company due to the trade war. As a […]
Dow Jones Industrial Average (.DJI) – US Indexes End Mostly Flat Again on Thursday The Dow Jones Industrial Average closed at 29,160.09 on Thursday with a loss of 26.18 points or -0.09%. The S&P 500 closed at 3,325.54 for a gain of 3.79 points or 0.11%. The Nasdaq Composite closed at 9,402.48 for a gain […]
NASDAQ Composite (.IXIC) edges to record as investors monitor China virus Wall Street stocks finished mostly higher on Thursday (Jan 23), with the Nasdaq edging to a fresh record, despite worries over the coronavirus in China. Stocks opened solidly lower on worries the sickness could spread and dent the global economy. But sentiment shifted after […]
Apple Inc. (NASDAQ:AAPL) s Quietly Expanding its Artificial Intelligence Ecosystem Apple (NASDAQ: AAPL) recently acquired Xnor.ai, a Seattle-based start-up that develops low-power, edge-based artificial intelligence tools. Apple didn’t disclose the terms of the deal, but GeekWire claimed that the deal was worth about $200 million. Apple reportedly paid a similar amount for Turi, another Seattle-based company that […]
Amazon.com, Inc. (NASDAQ:AMZN) seeks restraining order on Pentagon’s $10 billion contract with Microsoft The U.S Department of Defense had announced its plans of increasing efforts towards ensuring better, easier, and efficient access for the U.S military to technology and data from remote locations in 2019. The contract worth $10 billion was named Joint Enterprise Defense […]
$RACE The effortlessness of the Portofino’s steering and available added tech, such as parking-assist cameras and a touch-screen user interface, make the Portofino Ferrari’s (NYSE:RACE) most driveable car ever. The Portofino has a new sister car, the Roma Coupe, with a new interior design and updated UX, featuring a touch screen in the center stack. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Some on Wall Street see a sharp reversal hitting this year’s stock market rally now that fast-money quants have ramped up their speculative bets. But the real money has the potential to come in and lead even if these systematic players slow down. Tepid inflows into mutual funds and exchange-traded […]
DAX PERFORMANCE-INDEX (.GDAXI) struggles to hold onto record territory German stocks had a slippery hold on record territory Wednesday, as equities across Europe struggled to make gains amid lingering concerns over the spread of China’s coronavirus. The German DAX 30 index (DX:DAX) pushed into record territory earlier in the day, rising to a high of 13,640.06, […]
Australia: S&P/ASX 200 (.AXJO) drops from record high as investors take profits The ASX 200 dropped 0.6 per cent to 7,088 points at its close. Losses were seen across the board, with energy and industrial stocks leading the falls. “It’s still the best month we’ve had in more than eight years and the best start […]
Wuhan virus scare pushes Hong Kong: HANG SENG INDEX (.HSI) down 1.5 percent Hong Kong equities closed sharply lower on Thursday as investors took flight over the deadly Sars-like virus that has spread from China. The Hang Seng Index fell 1.5 percent, to end at 27,909. Travel sector and airline shares were hit badly . […]
Singapore: STI Index (.STI) Inflation Rises In December Singapore’s consumer price inflation rose more-than-expected in December, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday. The consumer price index rose 0.8 percent year-on-year in December, following a 0.6 percent increase in November. Economists had expected a 0.7 […]
FTSE Bursa Malaysia KLCI (.KLSE) closes lower in line with regional markets Bursa Malaysia ended lower today, dragged by losses in index-linked heavyweights like Maybank, Tenaga and Petronas Chemicals, in line with the bearish performance of regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.54 points to 1,574.44 from yesterday’s […]
Shanghai: SSE Composite Index (.SSEC) stocks plunge over virus scare Hong Kong equities tumbled on Thursday morning trade as investors took flight over the deadly Sars-like virus that has spread from the mainland. The Hang Seng Index fell 1.7 percent, to 27,872 at the break. On the mainland, the Shanghai Composite Index fell 2.4 percent, […]
UK FTSE 100 (.FTSE) falls 0.9% as China virus fears hit miners & travel stocks Fears of the economic impact from a coronavirus contagion in China grew today, sending the UK stock market down nearly 1%. The FTSE 100 gave up 0.9% or 64 points to close at 7,507, its steepest grop in nearly two […]
$TARA, $AVGO, $CSCO, $CFG, $KOF, $IBM, $V Daily HeffX-LTN reviews dozens of Wall 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 the list for Thursday, 23 January, as follows: ArTara Therapeutics Inc. (NASDAQ:TARA) was started with a Buy rating and a45 target price at […]
Facebook, Twitter, Inc. (NYSE:TWTR) withheld data that could prove refugee’s innocence in murder case, attorneys say Omar Ameen is an Iraqi refugee accused of carrying out an ISIS hit in Iraq in 2014 before coming to the United States. His attorneys claim he’s innocent, and was actually 600 miles away at the time of murder […]
Tesla, Inc. (NASDAQ:TSLA) Exceeds $100 Billion Market Cap in Latest Stock Rally Tesla’s stock reached an all-time high on Wednesday when it opened at $571 per share, hoisting the company over the $100 billion market cap and making it the most valuable U.S. carmaker. Globally it comes in second behind only Toyota. The market cap […]
Alphabet Inc. (NASDAQ:GOOG) trillion-dollar mark won’t be the end of the near-term gains in stock, according to history Alphabet topped the $1 trillion mark in market capitalization last week, becoming the fourth technology company — behind Apple, Microsoft and Amazon — to hit this milestone. Alphabet shares have jumped over 10% in the past month […]
Dow Jones Industrial Average (.DJI) Still Rise Despite Mixed Bag With Earnings With more marquee companies, including some members of the Dow Jones Industrial Average, stepping into the earnings confessional over the last 24 hours, there were ample headlines to move stocks Wednesday. While there was action to be had, gains for broader benchmarks were […]
NASDAQ Composite (.IXIC) at record as IBM soars The S&P 500 and the Nasdaq have scaled new highs as an upbeat forecast from IBM added to optimism over earnings, while China’s efforts to contain a virus outbreak eased worries about a wider financial fallout. IBM shares jumped 4.1 per cent after it forecast full-year profit […]
A $2-trillion Apple Inc. (NASDAQ:AAPL) stock valuation is not out of the question if it reaches this goal In one week, Apple (NASDAQ:AAPL) will announce its first-quarter results. Up more than 100% over the past year, Apple stock continues to be a godsend for Warren Buffett and Main Street investors alike. I don’t know what […]
High expectations may have left Amazon.com, Inc. (NASDAQ:AMZN) stock poised to fall Certain numbers – especially those with lots of zeros – hold great significance for stock-market traders. Amazon (NASDAQ:AMZN) stock has teased the psychologically significant $2,000 hurdle by touching it several times since the summer of 2018. But each and every time, Amazon stock […]
$RACE The 2020 national motorsports schedule is about to come to life with the 58th running of the Rolex 24 at Daytona International Speedway. High-speed runs over Daytona’s 3.56-mile road course began Wednesday with practice laps for cars participating in Rolex 24 ancillary events, such as the Michelin Challenge and Ferrari Challenge featuring an all-Ferrari […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Donald Trump speaks during the Global Chief Executive Officers dinner at the World Economic Forum in Davos, Switzerland A “very big” tax cut for middle-class Americans will be announced over the next 90 days, President Donald Trump said in an interview Wednesday. “We will make that permanent for the middle […]
Australia: S&P/ASX 200 (.AXJO) smashes new records Australia’s stock market chalked up a surprisingly strong session on Wednesday with more than a tenth of the S&P/ASX200 reaching record high prices. The index closed nearly 1 per cent higher at 7132.7 points. News that German retail giant Kaufland is pulling out of Australia before it even […]
Hong Kong: HANG SENG INDEX (.HSI) regains some lost ground despite virus jitters Hong Kong shares recovered some of the previous day’s sharp losses on bargain-buying on Wednesday but traders remain on edge as they await developments linked to the deadly Sars-like virus that has spread from China. The Hang Seng index climbed 1.3 percent, […]
Singapore: STI Index (.STI) Stock Market May Take Further Damage The Singapore stock market has moved lower in two straight sessions, giving away more than 35 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau and it’s expected to open under pressure again on Wednesday. The […]
FTSE Bursa Malaysia KLCI (.KLSE) ends lower dragged by losses in banking stocks Bursa Malaysia ended lower today, dragged by losses in selected heavyweights led by banking stocks, with the local benchmark index declining by 0.59 per cent. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.35 points to 1,577.98 from yesterday’s close […]
Shanghai: SSE Composite Index (.SSEC) Trade war is 2 years old, but China escapes with flesh wound It was this day in 2018 that President Donald Trump fired the first salvo against China by raising tariffs on solar equipment and washing machines. The series of tariff hikes that ensued has slowed growth in the world’s […]
UK FTSE 100 (.FTSE) slides as strong pound offsets positive session for housebuilders The FTSE 100 closed lower after the strengthening pound pressed on the index following a bright morning driven by good performances from housebuilders. London’s top flight closed 38.78 points lower at 7,571.92 at the end of trading on Wednesday. It was a […]
DAX PERFORMANCE-INDEX (.GDAXI) starts to show signs of potential resurgence The DAX has been drifting lower over the course of the week, with the index giving back some of the gains seen last Wednesday. However, this is likely to be a short-term phenomenon which ultimately resolves with a move higher for the index. This hourly […]
$BA United States’ GDP growth would have climbed closer to 4% if the effects of Federal Reserve rate hikes had not held on, President Trump said in a TV interview from the World Economic Forum in Davos, Switzerland, Wednesday. “That was a big blip that should not have taken place,” President Trump told CNBC’s Joe Kernen. […]
$BABA, $ALL, $BIDU, $BK, $EOG, $EQT, $PI, $MGNX, $STT Daily HeffX-LTN reviews dozens of Wall 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 the list for Wednesday, 22 January, as follows: Alibaba Group Holding Ltd. (NYSE:BABA) was reiterated as Overweight and the target price […]
Facebook, Inc. (NASDAQ:FB) Financial: 4Q Earnings Snapshot FB Financial Corp. (FBK) on Tuesday reported fourth-quarter net income of $21.6 million. The bank, based in Nashville, Tennessee, said it had earnings of 68 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 70 cents per share. The bank holding company posted revenue […]
Tesla, Inc. (NASDAQ:TSLA) crosses $100 bln stock market valuation in extended trading Tesla Inc TSLA.O became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month after Tesla’s stock crossed $420, the infamous price […]
Alphabet Inc. (NASDAQ:GOOG) CEO Still Dancing Around AI Regulations Google Chief Executive Officer Sundar Pichai continues to dance around the issue of AI regulations. In a new interview with Financial Times, the head of the world’s leading AI company struggled to communicate a concrete stance on the matter. That isn’t to say Pichai hasn’t already […]
Undervalued Alibaba Group Holding Limited (NYSE:BABA) Stock Will Grow to $250 in 2020 In 2019 I pounded on the table time and time again that shares of Chinese internet giant Alibaba (NYSE:BABA) would soar above $200. In late 2019, Alibaba stock did just that. And as soon as it did, I told investors that the […]
Dow Jones Industrial Average (.DJI) five-day win streak comes to end after report of first coronavirus case in U.S. U.S. benchmark stock indexes finished lower on Tuesday, pulling back from records seen last week, after news that the Chinese coronavirus had spread to the U.S. raising fears of a pandemic that might affect global economic […]
NASDAQ Composite (.IXIC) – US stocks close lower amid jitters over virus outbreak Banks led a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets, prompting investors to shift assets into bonds and defensive sector companies. The sell-off snapped a three-day winning streak by the S&P 500. The benchmark index […]
Apple Inc. (NASDAQ:AAPL) share price has doubled, but there is a crunch coming – investors should watch out Apple shareholders must be extremely happy with the company’s performance in the past 12 months. The stock price is up 111% since the end of 2018, not to mention the US$3 (£2.31) per share that the company […]
$RACE Ferrari (NYSE:RACE) through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars and consumer goods. The company offers sports, GT, and special series super cars, limited edition hyper supercars, Fuori series, 1-off, F1 and other track cars, and Icona cars. It also provides non-registered racing cars; and spare parts and engines, […]
$XAU $GLD “Gold is a place you want to be. I think that it’s partly because its inversely correlated with interest rates. But it’s also an insurance policy when things go wrong,” David Rosenberg said. “There’s no such thing as a no-brainer, but this is close.” Gold is off to a terrific start this year […]
$SPY, $SPX Investment Wizard Ray Dalio urges all investors to dump cash for a diversified portfolio, explaining that they should not miss out on the strength of this long running Bull market. “Cash is trash,” Mr. Dalio said on TV. “Get out of cash. There’s still a lot of money in cash (on the sidelines),” he said. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, White House Top economic advisor Larry Kudlow predicts that economic growth will surpass at least 3% this year. “I am looking for faster growth: I think we’re going to get 3% this year,” Mr. Kudlow said on TV. “The trade deals will help, the Fed changed policy — that was very, […]
Australia: S&P/ASX 200 (.AXJO) snaps record streak as China virus spooks Asian markets A last-minute jump helped the local bourse keep losses in check on Tuesday, as the emergence of a deadly virus in China weighed on Asian markets and contributed to the snapping of its five-day winning streak. The S&P/ASX 200 index declined 13 […]
Hong Kong: HANG SENG INDEX (.HSI) stock market index must be relevant A proposal to include some of the largest Hong Kong-listed mainland companies on the Hang Seng Index is timely and should be welcomed. Companies such as smartphone maker Xiaomi and technology behemoth Alibaba have market capitalisation and high daily trading volumes that require […]
FTSE Bursa Malaysia KLCI (.KLSE) pulls back in line with regional retreat Bursa Malaysia ended the day in the red on Tuesday line with the weak performance of its regional peers as losses in selected heavyweights continued to weigh on the local index. At 5pm, the benchmark FBM KLCI shed 1.55 points to 1,587.33 amid […]
Shanghai: SSE Composite Index (.SSEC) trade lower on concern about China virus The Chinese government announced there has been a fourth death from coronavirus. The outbreak, centered on the city of Wuhan, has sickened more than 200 people. Authorities said some infections were transmitted person-to-person, increasing the risk the disease might spread faster during the […]
UK FTSE 100 (.FTSE) hit by sell-off as China virus spreads to markets The FTSE 100 suffered a widespread sell-off as markets were unnerved by the spread of a new deadly virus in China. The UK’s main market followed Asian markets downward, shedding 1.2%, or 93 points, to trade near a two-week low at 7,558 […]
DAX PERFORMANCE-INDEX (.GDAXI) Stocks Index Misses a Record Close by a Whisker The DAX is also turning lower after a recent rally into resistance. That trendline looks to have capped upside for the time being, with the price heading back into Fibonacci support. A break below the 13361 support level would bring about a wider […]
$ARGX, $CAT, $HELE, $PSX, $PINS, $SLF, $YUM, $WY Daily HeffX-LTN reviews dozens of Wall 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 the list for Tuesday, 21 January, as follows: Argenx S.E. (NASDAQ:ARGX) was reiterated as Outperform with a 184 target price at Wedbush […]
Facebook, Inc. (NASDAQ:FB) A History Of Beating Estimates Betting against Facebook Inc. (FB) and its stock has been the wrong call. Shares have powered higher since the beginning of October, rising by over 26%, which is double the pace of the S&P 500 increase during that time. Now, with fourth quarter earnings around the corner, […]
Tesla, Inc. (NASDAQ:TSLA) blames stock short-seller for ‘completely false’ claims of unintentional acceleration Tesla is disputing claims that all three models of its electric vehicles could unexpectedly accelerate without the driver taking action. The car company issued a statement on Monday afternoon, saying a stock short-seller was behind the claims, which resulted in a National […]
Alphabet Inc. (NASDAQ:GOOG) – a $1trillion empire built on a simple idea Google’s parent company Alphabet passed the $1trillion market cap mark last week, further cementing tech’s place at the top of the global business tree. There are now four US tech companies that have reached a stock market value of $1trillion – Apple, Amazon […]
Dow Jones Industrial Average (.DJI) Still Worth Following? The Dow Jones Industrial Average (DJINDICES: ^DJI) is one of the world’s most followed stock market indexes. With a history that dates back to the 19th century, the venerable market benchmark has played a vital role in the general public’s understanding of how the stock market works. […]
Apple Inc. (NASDAQ:AAPL) Marches Toward $2 Trillion Valuation Apple’s market capitalization is $1.4 trillion, and the stock is at an all-time high. Yet, a number of analysts believe that this year’s 8% increase is only the start of a drive which will take it to $2 trillion. These analysts believe that one key to a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Market Summary: This long Bull Run still looks look strong, and here is why: Stocks bypassed a soft open Thursday and gapped North. Small and mid-caps joined the large-caps in achieving strong breaks higher. The economic data showed renewed promise. Options expiration Friday came and went. A long weekend came […]
DAX PERFORMANCE-INDEX (.GDAXI) – European markets slip back ahead of crunch ECB meeting European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Central Bank’s first policy meeting of the year. Recurring fears of a hard Brexit and bets that the Bank […]
Australia: S&P/ASX 200 (.AXJO) shares extend gains; miners shine on metal prices Australian shares extended their record-breaking spree to a fifth session on Monday, mainly driven by mining stocks that gained on strong metal prices. The S&P/ASX 200 index touched a fresh peak of 7,092.50 points before paring some gains to finish at 7,079.50, a […]
Hong Kong: HANG SENG INDEX (.HSI) Cash in Profits Hong Kong shares finished on a negative note Monday as investors cashed in profits following last week’s gains. The Hang Seng index slipped 0.90 percent, or 260.51 points, to close at 28,795.91. The benchmark Shanghai Composite Index gained 0.66 percent, or 20.29 points, to 3,095.79, while […]
FTSE Bursa Malaysia KLCI (.KLSE) closes at day’s low as telcos weigh Telcos snapped their recent rally on Monday, dragging the FBM KLCI into the red while the recovery in crude palm oil (CPO) prices was unable to lift the plantation heavyweights. At 5pm, the KLCI was down 6.93 points or 0.43% to 1,588.88. Turnover […]
Shanghai: SSE Composite Index (.SSEC) Stocks Mostly Up as Chinese Rates Stay Put Stocks in major Asian markets were mostly higher on Monday, with the People’s Bank of China keeping the loan prime rate unchanged. In Japan, the Nikkei 225 index gained 42.25 points, or 0.2%, to 24,083.51, despite shares of index heavyweight Fast Retailing […]
$CMCSA The big-budget DOA pic will not recover from its dismal debut over the Martin Luther King Jr. holiday weekend. Dolittle was a passion project for Mr Downey in the post-Iron Man era is the first big-budget miss of Y 2020 and stands to lose tens of millions for Universal, and it dashes hopes of launching […]
$RACE Charles Leclerc, 22 anni, is the youngest F1 Grand Prix winner after winning at Belgium and Monza in Y 2019 Ferrari (NYSE:RACE) just announced the signing Arthur Leclerc, 19 anni, Charles Leclerc’s younger brother, into their Driver Academy. Charles was a graduate of Ferrari’s junior program and has gone on to become the youngest […]
Australia: S&P/ASX 200 (.AXJO) Trade war truce It’s been coming for some time, but Donald Trump finally managed to sign a trade war ceasefire with China. It will see tariffs reduced on some Chinese products by the US and China has committed to buying billions of dollars of various products such as agriculture and resources, […]
Hong Kong: HANG SENG INDEX (.HSI) Shares Post Solid Weekly Gains Amid Trade Deal Signing, China GDP Growth The major Asia Pacific stock indexes closed mostly higher last week. Surprisingly, stocks were lower in China. That move was unexpected since most of the stories dominating the news last week were positive economic developments involving the […]
Shanghai: SSE Composite Index (.SSEC) A new epic — Chinese economy in 2020s With the arrival of a new decade, one predictable thing about China in the 2020s is that it is shifting into a higher-quality economy that is more open and abounds with new opportunities for global businesses. Despite a cloud of challenges, China’s […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As a reminder, the market will be closed on Monday for Martin Luther King Jr. Day. Friday: Overall, it was a relatively subdued session that had the potential for even more gainers, as housing starts rose to their highest level in 13 years in December, China’s industrial production rose more […]
Dow Jones Industrial Average (.DJI) Trade Deal’s Done, Earnings Take Focus After several years of what were often hostile or unproductive negotiations, the U.S. and China finally inked the first part of what the world’s two largest economies are hoping will be a broader trade package. That and some earnings reports from marquee companies paved […]
NASDAQ Composite (.IXIC) – Tech, financial shares lead surge to record highs The record-setting rally in U.S. equities accelerated in the wake of Wednesday’s China trade deal and signs consumer demand remains strong. Bond yields rose. All three main U.S. stock benchmarks surged to all-time highs after setting multiple records earlier this week, with technology […]
Apple Inc. (NASDAQ:AAPL) a Strong Buy Heading into Earnings? Apple’s AAPL run over the last year, up over 100%, is impressive by its own lofty standards. AAPL shares have surged despite the fact that its fiscal 2019 sales slipped 2%, against a hard to compare 2018. With Apple’s first quarter fiscal 2020 financial results due […]
Facebook, Inc. (NASDAQ:FB) stock has risen 180% over the last five years For more than two years, Facebook has found itself at the center of a string of controversies, from privacy and data concerns to accusations of democracy-destroying behavior and antitrust investigations from the Federal Trade Commission. CEO Mark Zuckerberg has been called to testify […]
Tesla, Inc. (NASDAQ:TSLA) Says It Plans to Open China Design and Research Center U.S. electric car maker Tesla plans to open a design and research center in China to make “Chinese-style” vehicles, the company said in a recruitment notice on its official WeChat account. Wednesday’s notice sought to recruit designers and other staff to help […]
Alphabet Inc. (NASDAQ:GOOG) parent, Alphabet Inc, valued at more than $1 trillion Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street.Shares rallied in the last […]
Alibaba Group Holding Limited (NYSE:BABA) Stock Could Cruise Past $300 In 2020 With Alibaba (NYSE:BABA) spreading its wings, the past year has been rewarding for shareholders. BABA stock has surged by 53% over the past year, backed by strong fundamental developments. I further believe that the stock is well positioned to touch $300 within the […]
