Alphabet Inc. (NASDAQ:GOOG) made a breakthrough in quantum computing Alphabet’s Google GOOG, +1.31% GOOGL, +1.32% said it’s made a breakthrough in quantum computing, known as quantum supremacy. In a blog post, Google said it’s developed a new 54-qubit processor that performed a target computation in 200 seconds, which would take the world’s fastest supercomputer 10,000 […]
Tesla, Inc. (NASDAQ:TSLA) shares rallied more than 20% in after-hours trading Tesla Inc. shares rallied more than 20% in after-hours trading Wednesday after the Silicon Valley electric-car maker reported a surprise quarterly profit and said key projects, including the next vehicle in its lineup, were ahead of schedule. Tesla TSLA, -0.35% said it earned $143 million in the […]
DAX PERFORMANCE-INDEX (.GDAXI) aims to recover Monday losses Weakness yesterday has been replaced with fresh buying, as the DAX looks to create a new higher low around 12,650. Fresh moves higher will target 12,800 and on from here. Having rallied so strongly since the beginning of the month the index may pause soon to consolidate gains, but […]
Singapore: STI Index (.STI) Inflation Holds Steady at 0.5% in September Singapore’s consumer price index rose as expected in September with higher food prices offset by lower housing and utility costs. The CPI rose 0.5% on year in September, the same pace as in August. It matched the median estimate from a Wall Street Journal […]
Australia: S&P/ASX 200 (.AXJO) has finished flat following a sluggish day amid more uncertainty over Brexit negotiations The Australian sharemarket has finished flat following a sluggish day amid more uncertainty over Brexit negotiations. The S&P-ASX 200 index finished Wednesday up 0.9 points to 6673.1, while the all ordinaries was down 0.4 points to 6778.2. With […]
Shanghai: SSE Composite Index (.SSEC) falter with telecoms operators suffering the biggest declines China’s main equity indexes faltered on Wednesday, with telecoms operators suffering the biggest declines. The benchmark Shanghai Composite Index closed down 0.43 percent to 2,941.62 points, and the smaller Shenzhen Component Index sank by 0.77 percent to 9, 567.75 points. The blue […]
Hong Kong: HANG SENG INDEX (.HSI) falls on scepticism over magnitude of new relief package Hong Kong’s stocks dropped by the most in two weeks on angst that a HK$2 billion (US$254 million) relief package would do little to revive growth at the former British colony that has been roiled by anti-government protests. The Hang […]
UK FTSE 100 (.FTSE) hits one-month high; Brexit tussle bogs down midcaps Shares in domestically-focused UK firms eased on Wednesday as votes in parliament kept investors guessing on the final timing and shape of Britain’s withdrawal from the European Union, while the blue-chip FTSE 100 touched a near one-month high. The FTSE 100 climbed 0.7%, […]
$VLKAF 90 yrs on, Bentley is bringing back the Blower. The most iconic, as well as the rarest and most valuable of all Bentley’s models, the 4.5-litre works Blower that Sir Tim Birkin raced at Le Mans is going to be the “master” for a continuation run of 12 newly-built recreations. It is the 1st time […]
Dow Jones Industrial Average (.DJI) Up Amid Mixed Action In Blue Chip Stocks A 10-point drop by Travelers (TRV) wasn’t enough to push the Dow Jones Industrial Average into negative territory in stocks today. Rather, the 30-stock blue chip index rose around 0.3%, supported by a strong rebound by managed health care giant United Health (UNH) and gains of at […]
Netflix, Inc. (NASDAQ:NFLX) sells $2.2 billion of junk bonds as it braces for onslaught of competition Netflix Inc. raised another $2.2 billion on Tuesday to help it finance new content as the battle for streaming customers heats up with a slate of offerings on tap. Netflix NFLX, -4.09% issued junk-rated bonds over a two-day period […]
Toyota Motor Corporation (NYSE:TM) eyes Olympic platform to boost hydrogen tech Toyota showcases its next-generation hydrogen-powered Mirai model at Wednesday’s Tokyo Motor Show, but with the technology still lagging behind electric, the Japanese firm is hoping for an Olympic boost. The automaker is a lead sponsor of the global sporting event through 2024, and will […]
The Boeing Company (NYSE:BA) texts reveal flawed simulator, not smoking gun: ex-colleagues Four days after leaked internal pilot messages set off a media firestorm for Boeing Co, former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes. Chief Technical Pilot Mark Forkner described in […]
The heir to the Samsung empire returns to court this week for a retrial over a sprawling corruption scandal that could see him return to prison and deprive the world’s largest smartphone and chip manufacturer of its top decision-maker. Lee Jae-yong is vice chairman of Samsung Electronics — where profits have been falling for months […]
McDonald’s reported a dip in third-quarter earnings on Tuesday, missing expectations as increased spending on technology hit the company’s performance despite higher sales. Profits dipped 1.8 percent from the year-ago period to $1.6 billion. Revenues edged up 1.1 percent to $5.4 billion. The fast-food giant notched a healthy 5.9 percent increase in global comparable sales, […]
Tesla, Inc. (NASDAQ:TSLA) Investors and Traders Gear Up For Another Earnings The car company that is driving the electric vehicle (EV) revolution is preparing to report its earnings after the bell Wednesday, October 23rd. Tesla TSLA has traded all over the board with anything from positive headlines to disappointing earning hurling this stock one way […]
Facebook, Inc. (NASDAQ:FB) price tumbled as an antitrust probe led by New York grew to include 47 attorneys general from US states and territories Facebook’s stock price tumbled as much as 4.4% on Tuesday as an antitrust probe led by New York grew to include 47 attorneys general from US states and territories. The investigation […]
NASDAQ Composite (.IXIC) Stocks See Late-Day Weakness Stocks turned in a lackluster performance throughout much of the trading day Tuesday but came under pressure in the latter part of the session. The major averages all pulled back into negative territory, with the tech-heavy Nasdaq showing a notable drop. After ending the previous session at its […]
Twitter, Inc. (NYSE:TWTR) earnings preview: Keeping up the user growth Twitter Inc.’s efforts to reduce harmful activity on its platform while also making it easier for users to discover new content will be in focus once again on Thursday morning, as the social-media player delivers its third-quarter results. Following a pattern of declining monthly-active-user growth, […]
$XAIR, $DBX, $CRY, $BLD, $VLO, $VRTX 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: Beyond Air Inc. (NASDAQ:XAIR), formerly AIT Therapeutics, was […]
$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Off Headlines Asia shares slip on BREXIT snag Crude Oil prices fell after data showed US stocks rose more than expected last week. Gold holds steady, as technical buying gives support Gold: Gold prices were largely unchanged Wednesday, as investors awaited more clarity on […]
$RACE F1 is nearing the end of this season, 4 races remain, in Mexico, the US, Brazil and Abu Dhabi, and there is serious business to decide on and off the race track. Below is a look at the Key issues that will make the most headlines between now and the end of the Y […]
$RACE Ferrari (NYSE:RACE) has opened it 1st Tailor Made showroom in the US in NYC, NY. You can now customize your new Ferrari’s fabrics, leather, woods, finishes, and paintwork with a personal designer to help you make a tasteful, yet personal and fitting representation of the iconic Italian Supercar. Ferrari Tailor Made’s new facility is […]
Shanghai: SSE Composite Index (.SSEC) stocks ease as investors ponder over earnings China stocks slipped on Tuesday, as investors chewed over the third quarter corporate earnings, amid a cooling economy hit by the Sino-U.S. trade war. The CSI300 index .CSI300 fell 0.2% to 3,873.23 at the end of the morning session, while the Shanghai Composite Index .SSEC lost 0.1% […]
Singapore: STI Index (.STI) positive start to the week Positive remarks from both the US and China on trade matters, which suggest productive negotiations between the two parties over a trade deal lifted spirits, making for a positive showing for Asian equities on Tuesday. In Singapore, the Straits Times Index (STI) build on a positive start […]
UK FTSE 100 (.FTSE) all eyes on Brexit showdown in Westminster The FTSE 100 closed up 48.85 points at 7212.49 and the pound was at $1.29. In company news, Premier Inn owner Whitbread – which sold off Costa Coffee last year – has posted lower half-year profits as it said it was weighed down by […]
Australia: S&P/ASX 200 (.AXJO) stocks are tipped to make a steady start after a mixed night on Wall Street Australia stocks were higher after the close on Tuesday, as gains in the Materials, Metals & Mining and Resources sectors led shares higher. At the close in Sydney, the S&P/ASX 200 added 0.30%. The best performers […]
DAX PERFORMANCE-INDEX (.GDAXI) rallies towards key bullish breakout level The DAX has managed to rally away from the crucial 12,599 support level, where a break below that point would have provided us with a bearish head and shoulders formation. With that now seemingly off the card, we have seen the price move into the 12,818 resistance level. […]
Hong Kong: HANG SENG INDEX (.HSI) markets up on fresh hopes for U.S.-China ‘phase-one’ trade deal Asian markets rose slightly in early trading Tuesday after encouraging news about U.S.-China trade talks. President Donald Trump on Monday said “the deal with China is coming along very well. They have to make a deal because their supply […]
$CGC, $ACB, $AAPL, This chart shows how pot inventories are growing and growing just like certain crop inventories did in the 1930’s: In just a year after Canada’s historic marijuana legalization, producers built up a massive surplus of the drug. In fact, just 4% of it produced in Canada in July has been sold. The […]
$SPY Equity indices in the Asia-Pacific region ended Tuesday on a higher note. Japan’s Nikkei Closed, Hong Kong’s Hang Seng +0.2%, China’s Shanghai Composite +0.5%, India’s Sensex -0.9%, SKorea’s Kospi +1.2%, Australia’s ASX All Ordinaries +0.3%. S&P 500 futures are up Tuesday, suggesting there is pace for the underlying gauge to extend gainers after it […]
A Quick Guide to Successful Investing When to Invest Techniques and Psychology Mistakes to Avoid Rule of thumb on when to invest The best times to invest are: When the investment vehicle is undervalued An undervalued asset is one that is selling below what is assumed to its intrinsic value. Compare the current price of […]
Dow Jones Industrial Average (.DJI) ascent clipped by Boeing’s slump U.S. stock benchmarks closed higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing capped gains for the blue-chip Dow Jones Industrial Average. The Dow DJIA, +0.21% ended the day 57.44 points, or 0.2%, higher at 26,827.64. […]
Apple Inc. (NASDAQ:AAPL) Spikes To Record High On Bullish Pre-Earnings Report Apple stock surged to an all-time high on Monday after getting a positive analyst report ahead of its September-quarter earnings release. Apple (AAPL) plans to report its fiscal fourth-quarter results on Oct. 30. On the stock market today, Apple stock rose 1.7% to 240.51. In intraday […]
Tesla, Inc. (NASDAQ:TSLA) Earnings: What to Look For Electric vehicle maker Tesla Inc. (TSLA) is scheduled to report Q3 2019 earnings after the market close on Oct. 23. A key metric that investors should keep in mind when looking at earnings is vehicles delivered. Tesla reported vehicle deliveries earlier this month, and they were up […]
NASDAQ Composite (.IXIC) Tech stocks drive gains on Wall Street The S&P 500 and Nasdaq indexes rose on Monday as technology stocks were bolstered by signs of progress in resolving the prolonged U.S.-China trade dispute, while losses in Boeing capped gains in the blue-chip Dow Jones Industrials. White House adviser Larry Kudlow said tariffs scheduled […]
Alphabet Inc. (NASDAQ:GOOG) has brought on former Microsoft executive Javier Soltero to run its G suite business as the cloud division ramps up hiring Google has hired ex-Microsoft executive Javier Soltero to run its G Suite business, which includes Gmail, Google Docs, Google Drive and other productivity apps. Soltero most recently served as corporate vice […]
Twitter, Inc. (NYSE:TWTR) to Report Q3 Earnings Twitter TWTR is set to report third-quarter 2019 results on Oct 24. The company expects third-quarter 2019 total revenues between $815 million and $875 million. The Zacks Consensus Estimate for revenues stands at $876.3 million, indicating an increase of 15.6% from the year-ago quarter’s reported figure. Meanwhile, the consensus […]
Facebook, Inc. (NASDAQ:FB) Earnings Trumps Politics If you listen to the media, it seems that everybody hates Facebook (FB) right now. They are under attack from all sides and provide a rare example of bipartisanship, as Democrats and Republicans alike are criticizing it regularly. Unlike politicians, traders are looking at the company’s results rather than […]
$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Up Headlines Crude Oil prices were little changed Tuesday Gold prices steady as US-China trade optimism sparks market cheer Investors await FOMC meeting at the end of the month Gold: Gold was muted Tuesday, weighed down by buoyant Asian shares that cheered […]
$AMZN, $AAPL, $BAC, $LNG, $COMM, $HPE, $PINS, $SLB 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: Amazon.com Inc. (NASDAQ:AMZN) was maintained as […]
Shanghai: SSE Composite Index (.SSEC) higher on hopes China and the United States could sign a trade deal China stocks closed up on Monday, on hopes China and the United States could sign a trade deal and that Beijing would continue its policy support for the economy. The blue-chip CSI300 index rose 0.3%, to 3,880.84, […]
Australia: S&P/ASX 200 (.AXJO) staggers out of red as Treasury Wine weighs on market Michael Clarke’s surprise decision to resign as chief executive of Treasury Wine had a powerful impact on the broader Australian stock market on Monday as investors just barely pushed the benchmark index into positive territory. The news from Treasury sparked a 12 […]
UK FTSE 100 (.FTSE) steady after Boris Johnson’s bid to hold new Brexit vote rejected The British pound traded flat on Monday after U.K. Prime Minister Boris Johnson was denied the possibility of trying to get his Brexit deal pushed through Parliament after a vote was frustrated over the weekend. The pound GBPUSD, +0.0231% flattened […]
Hong Kong: HANG SENG INDEX (.HSI) mixed amid uncertainties about Britain’s exit from the European Union and the ongoing trade conflict between the U.S. and China Asian shares were mixed Monday amid uncertainties about Britain’s exit from the European Union and the ongoing trade conflict between the U.S. and China. Japan’s benchmark Nikkei 225 NIK, […]
Singapore: STI Index (.STI) higher on hopes of progress on a US-China trade deal Singapore shares climbed higher by Monday afternoon on hopes of progress on a US-China trade deal, with the Straits Times Index (STI) gaining 0.9 per cent, or 28.80 points to 3,142.96. The benchmark index traded within a day range of 3,111.12 to […]
White House economic adviser Larry Kudlow says that the US is the only global economy that is growing. The financial guru and agrees with recent research that predicts that such economic strength will easily carry President Trump into a 2nd White House term. “We are the only economy that is really, really growing,” Mr. Kudlow […]
Apple Inc. (NASDAQ:AAPL) Reportedly Increased Production Of iPhone 11 To Meet The Demands Apple has surely boosted the stock of iPhone 11 series models up to million units, or around 10 percent more. This progress is because of better than the awaited request for the new entrants. Apple appears to have originally settled fewer orders […]
NASDAQ Composite (.IXIC) awaits the quarterly reports from Amazon and Microsoft The world’s largest publicly traded company by market cap is scheduled to report on Wednesday, in an event that could significantly sway the Nasdaq 100. Mega-cap companies like Microsoft and Apple have become synonymous with the broader market by some investors – due to […]
Tesla, Inc. (NASDAQ:TSLA) likely to see year-over-year revenue decline in its first quarter and its third consecutive unprofitable quarter Tesla TSLA, -1.92% looks likely to see year-over-year revenue decline in its first quarter and its third consecutive unprofitable quarter, despite selling a record number of cars. Investors will be looking for positive free cash flow, a forecast for profit […]
Amazon.com, Inc. (NASDAQ:AMZN) is shipping expired food Amazon’s sprawling marketplace, consisting of millions of third-party sellers, has become a go-to site for many grocery shoppers, especially since the company’s acquisition of Whole Foods over two years ago. But an increasing number of consumers are finding that, just as the broader Amazon Marketplace has a major issue […]
Dow Jones Industrial Average (.DJI) will await earnings from Boeing and Caterpillar, two of the largest companies on the Industrial Average The Dow Jones and Nasdaq 100 have an important week ahead of them with a heap of upcoming earnings from some of the country’s largest and most influential corporations. Ranging from Chipotle to Lockheed Martin, the […]
The Boeing Company (NYSE:BA) survey showed that employees felt pressure from managers on safety approvals A 2016 internal survey at Boeing showed a third of employees polled felt “potential undue pressure” on the job, including for safety approvals, according to documents received by lawmakers investigating the manufacturer’s 737 Max plane following two fatal crashes. Some employees in […]
Singapore: STI Index (.STI) shares edged down following differing reactions in the US and Europe markets Singapore shares edged down on Friday morning following differing reactions in the US and Europe markets over a draft agreement on Brexit, with US stocks gaining ground but Europe closing slightly lower. Amid a tentative opening on the exchange, […]
Australia: S&P/ASX 200 (.AXJO) set to dip slightly with a big week for US corporate earnings and global economic data ahead Australian shares are set to dip slightly with a big week for US corporate earnings and global economic data ahead. Investors are in for another busy week of corporate earnings, including McDonald’s on Tuesday, […]
UK FTSE 100 (.FTSE) outlook remain consolidatory and where the bulk of their respective indicators are neutral While the pound has been experiencing significant volatility, the FTSE 100’s movement has been relatively more sedate and range-bound, finishing lower for the week and undoing the week before’s gains. Both daily and weekly outlook remain consolidatory and […]
Shanghai: SSE Composite Index (.SSEC) stocks lose most in a month as lowest GDP growth on record fuels fears of long-term slowdown Both the Shanghai Composite Index and the CSI 300, which tracks blue chips listed in Shenzhen and Shanghai, dropped the most in a month on Friday, as China’s third-quarter GDP growth at 6.0 […]
Hong Kong: HANG SENG INDEX (.HSI) markets mostly tumble as China’s growth weakens more than expected Asia Pacific markets mostly declined on Friday by the close, as China released worse-than-expected gross domestic product figures, impacted by Beijing’s protracted trade conflict with the U.S. Mainland Chinese markets tumbled after the release of the data. The Shanghai […]
On September 12, Boeing started putting out 30-second videos in which employees tout its planes’ safety, hoping to reassure travelers about the 737 MAX that’s been grounded worldwide since two crashes that killed 346 people. “Safety is at the core of our business. We have put hundreds of engineers to work to ensure that this […]
China on Sunday said it aims to become a “great power” in the online world and took a swipe at Washington on trade, kicking off its annual conference promoting the Communist Party’s controlled and censored version of the internet. US-China rivalry is increasingly playing out in the digital sphere, as Beijing pursues dominance in next-generation […]
NASDAQ Composite (.IXIC) Climb on Tentative Brexit Deal, Solid Earnings A positive opening today for the markets following decent enough economic data. Earnings, trade talks and a tentative Brexit deal are also positives today helping lift equities. Wednesday, stocks closed mixed to slightly lower with small caps outpacing their large cap brethren. The Russell 2000 finished […]
Amazon.com, Inc. (NASDAQ:AMZN) Q3 Earnings Expected to Decline Wall Street expects a year-over-year decline in earnings on higher revenues when Amazon (AMZN) reports results for the quarter ended September 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how […]
Facebook, Inc. (NASDAQ:FB) Libra will permanently hit Australian banks’ profits Overnight the man in charge of setting up Facebook Inc’s (FB) digital currency, Libra, pretty much confirmed to CNBC business television that the project has one key service goal for now. During an interview David Marcus batted back worries about the high-profile departure of some original partners including Visa, PayPal, and […]
Dow Jones Industrial Average (.DJI) assisted to the upside on news that the U.K. has finally reached a Brexit agreement Today, global stocks, including the major U.S. equity benchmarks, were assisted to the upside on news that the U.K. has finally reached a Brexit agreement. And talks of a trade war between China and the […]
Apple Inc. (NASDAQ:AAPL) stock is back to being priced for growth, which means expectations for AAPL may be too high ahead of its earnings Anyone who’s been skeptical toward Apple (NASDAQ:AAPL) has looked foolish. The Apple stock price now sits just off an all-time high. And Apple stock is now neck-and-neck with Microsoft (NASDAQ:MSFT) for […]
Tesla, Inc. (NASDAQ:TSLA) has ditched refundable $1,000 reservation fees and $2,500 order deposits Tesla has ditched refundable $1,000 reservation fees and $2,500 order deposits, which were required to order its cars previously, and instead will now charge a $100 non-refundable order fee, according to updated language on its web site. The order fee means that […]
Twitter, Inc. (NYSE:TWTR) Q3 2019 Earnings Preview Twitter TWTR stock has surged roughly 40% in 2019 to fall just behind Facebook’s FB 45%. Despite the run of success, Twitter shares remain an enigma to many on Wall Street. TWTR’s Quick Pitch Twitter is an invaluable platform that helps journalists, companies, and anyone in between spread […]
DAX PERFORMANCE-INDEX (.GDAXI) could look to extend their runs higher A series of fundamental factors have bolstered the standing of the DAX 30 and CAC 40, which have subsequently pushed through various levels of resistance. As the Brexit saga continues to unfold, the two indices could look to extend their runs higher, but subsequent resistance stands […]
UK FTSE 100 (.FTSE) markets perked up on the potential of a Brexit deal for the UK FTSE 100 index closed higher on Thursday as markets perked up on the potential of a Brexit deal for the UK. The blue-chip benchmark gained 14.37 points on the day to close at 7,182.32, but off the session […]
Australia: S&P/ASX 200 (.AXJO) shares set for soft open ahead of China data Australian shares are expected to open slightly lower on Friday, as investors will likely exercise caution ahead of growth data from the country’s biggest trade partner, China. Mining heavyweights such as BHP Group and Rio Tinto are likely to be pressured due […]
Hong Kong: HANG SENG INDEX (.HSI) stocks climbed after the financial hub gave its real estate sector reason to cheer Asian markets were mostly quiet Thursday, but Hong Kong stocks climbed after the financial hub gave its real estate sector reason to cheer. China’s Shanghai Composite Index (SHCOMP) traded flat, while Japan’s Nikkei 225 (N225) […]
Singapore: STI Index (.STI) drags on weak export data Singapore’s shares fell on Thursday after the city-state reported dismal export figures, while most Southeast Asian stock markets slipped as investors awaited more details on the first phase of the Sino-U.S. trade deal. China’s commerce ministry said that the country hoped to reach a phased agreement […]
Shanghai: SSE Composite Index (.SSEC) stocks flat as investors await trade deal details China’s major stock indexes ended roughly flat on Thursday in thin trading, as caution prevailed as investors awaited more details on a proposed Sino-US trade deal. The blue-chip CSI300 index rose 0.1 per cent, to 3,925.22, while the Shanghai Composite Index slipped […]
Alphabet Inc. (NASDAQ:GOOG) Expands Device Lineup: Key Made by Google Takeaways Alphabet’s GOOGL division Google is making every effort to expand presence in the electronic gadgets space on the back of advanced technologies. The search giant has unveiled innovative devices including — Pixel 4 and Pixel 4 XL smartphones, Pixelbook Go laptop, Nest Mini, Nest Wi-Fi and […]
Tesla, Inc. (NASDAQ:TSLA) expected to report third-quarter results after the bell on Oct. 23 Tesla Inc. is expected to report third-quarter results after the bell on Oct. 23, with more than the usual amount of scrutiny going into the Silicon Valley car maker’s quarterly update. For the first time in more than a decade, Tesla TSLA, +0.72% is […]
Twitter, Inc. (NYSE:TWTR) Q3 2019 Earnings Preview Twitter TWTR stock has surged roughly 40% in 2019 to fall just behind Facebook’s FB 45%. Despite the run of success, Twitter shares remain an enigma to many on Wall Street. TWTR’s Quick Pitch Twitter is an invaluable platform that helps journalists, companies, and anyone in between spread information instantly. The social […]
NASDAQ Composite (.IXIC) Stocks Mixed on Weak Retail Sales Markets opened mixed to flat today following yesterday’s broad based rally. Tuesday, stocks closed near the highs of the day on lower than average daily trading volume. Earnings strength along with a positive tone to the macro-economic environment helped sustain yesterday’s rally. Trading volumes continue to […]
Amazon.com, Inc. (NASDAQ:AMZN) Starting to Pull Away From Competitors in Search Advertising When it comes to the search advertising market in the United States, there’s Google and then there’s everyone else. But Amazon (NASDAQ: AMZN) is making the case that it deserves some recognition among the companies chasing the Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary’s market share. This year, Amazon will take […]
Alibaba Group Holding Limited (NYSE:BABA) stock factors in ongoing concerns about Chinese stocks Alibaba (NYSE:BABA) stock continues to diverge from the direction of Alibaba Group. Although the company continues on a path of massive growth, traders have seemed unwilling to buy Alibaba stock. Investors may have good reasons for concerns about Chinese equities. Still, with the […]
Dow Jones Industrial Average (.DJI) lower as investors weigh soft retail-sales report U.S. stocks opened modestly lower Wednesday morning as the market reacted to weaker-than-expected economic data and geopolitical developments. The Dow Jones Industrial Average DJIA, -0.08% slipped 50 points, or 0.2%, to 26,969, the S&P 500 index SPX, -0.20% fell 0.2% to 2,988, while […]
Apple Inc. (NASDAQ:AAPL) Shares Are Seeing Huge Demand A gain of 51.34% in 2019 for shares of Apple Inc. (AAPL) tells a story of big buy demand for the shares. This is happening to one of the largest companies in the world. This buying is very unusual and has been very consistent in 2019. A […]
British and EU negotiators worked late into the night into Thursday in the hopes of presenting a last-minute Brexit deal to leaders meeting for a crunch European summit. Both sides said they were close to finding a basis for a treaty to ensure Britain heads for a managed withdrawal from the European bloc it has […]
Berlin will publish Thursday updated growth forecasts for Germany that are likely to reveal a still weaker outlook than before, but it remains hesitant to stimulate its own and partner economies. In the economy ministry’s predictions for growth in the gross domestic product, presented around 2:00 pm (1200 GMT), observers are already bracing for a […]
Sterling edged up Thursday as Britain and the European Union appeared close to a Brexit agreement, though investors remain on edge with any deal possibly facing strong opposition in Westminster. After years of wrangling, the two sides said Wednesday they were edging towards the basis for a treaty allowing Britain to avoid crashing out of […]
Hong Kong: HANG SENG INDEX (.HSI) stocks rise to 1-month high as govt housing measures boost property shares Hong Kong stocks rose to a one-month high on Wednesday, led by property shares, after the city’s leader announced measures aimed at easing a housing shortage and calming anti-government protests. However, the gain was capped by lingering […]
DAX PERFORMANCE-INDEX (.GDAXI) at Yearly Highs On Brexit Deal Hopes DAX Index continues higher for sixth consecutive trading session making fresh yearly highs as positive headlines crossing the wires, suggesting that a Brexit deal is possible. EU Negotiator, Michel Barnier, told EU commissioners that he is optimistic about getting a Brexit deal with the UK by the […]
Australia: S&P/ASX 200 (.AXJO) bullish as big banks all made strong gains The S&P/ASX 200 enjoyed a bullish session that saw the index gain 84.5 points to rise 1.3 per cent to a two-week high of 6736.5. Volumes were high at 609 million and the session ended with just 29 companies in the red. The most points […]
UK FTSE 100 (.FTSE) closes in red as Brexit talks continue FTSE 100 index closed in the red Wednesday as the strengthening pound hit the British blue-chip benchmark and its dollar earning members, while the Brexit clock continues to tick down. Footsie closed down 43.7 points at 7,167. Its midcap cousin and more UK focused […]
Singapore: STI Index (.STI) and Asia shares cheered by Brexit deal hopes The pound surged overnight and Asias shares rose on Wednesday (Oct 16) as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union. Officials and diplomats involved in negotiations over the acrimonious divorce between the […]
Alphabet Inc. (NASDAQ:GOOG) Stock Rises On Pixel 4 Debut Google stock advanced on Tuesday amid the unveiling of the Pixel 4 smartphone, which takes on the new Apple iPhone 11 and Samsung devices. Alphabet‘s (GOOGL) Google priced the Pixel 4 starting at $799, above the $699 starting price of the basic Apple (AAPL) iPhone 11. The Pixel 4 […]
Dow Jones Industrial Average (.DJI) closes at 3-week high as investors cheer start to earnings season U.S. stocks finished at more-than-three-week highs Tuesday, as investors cheered a raft of largely upbeat corporate earnings reports, while considering the implications of a partial U.S.-China trade deal announced last Friday and the possibility of a breakthrough in Brexit […]
Tesla, Inc. (NASDAQ:TSLA) is slated to launch a pick-up truck and its Model Y crossover Tesla (NASDAQ:TSLA) stock made a near-term low of $179 in the beginning of June. After a relatively sharp rebound, TSLA has been in consolidation mode. I believe that TSLA stock will consolidate in the range of $220-$250 before surging higher. TSLA […]
Twitter, Inc. (NYSE:TWTR) stock has rallied partly because Twitter has become a normal part of daily life In some ways Twitter (NYSE:TWTR) stock looks very cheap. It has a price-to-earnings ratio of just 13, well below the market average. Over the last year, its earnings per share came in at $3.03. It has delivered $1.466 billion of […]
Facebook, Inc. (NASDAQ:FB) earnings slips underscore other problems dogging Big Tech Facebook and Micron’s earnings slips underscore other problems dogging Big Tech. Facebook absorbed a $5 billion fine in the first half of the year related to a Federal Trade Commission settlement, with the charge split between the first quarter and the second. Though that […]
Alibaba Group Holding Limited (NYSE:BABA) Group thwarts 300 million hack attempts per day Chinese technology giant Alibaba Group is the target of some 300 million attempted cyber attacks per day, according to the company’s founder and former executive chairman, Jack Ma. Ma said he was “proud” that despite the tirade of subterfuge, Alipay — the […]
Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos could break up his own company before regulators do Amazon CEO Jeff Bezos could break up his own company before regulators do so themselves, Atlantic writer Franklin Foer predicts. Foer, who wrote the Atlantic’s November cover story entitled “Jeff Bezos’s Master Plan,” said in an interview Tuesday on CNBC’s […]
NASDAQ Composite (.IXIC) Rise as Earnings Season Begins Stocks whimpered into the close Monday with only 4.8 billion shares changing hands. To put that into perspective, that is the lightest full day of trading on the consolidated tape in 2019 and over 31% lower than the yearly average. The only slower day was July 3rd, […]
Hong Kong: HANG SENG INDEX (.HSI) optimism is fading Optimism is fading over last week’s tentative trade truce between the United States and China. Asian stocks were mixed Tuesday. Hong Kong’s Hang Seng Index (HSI) was flat. China’s Shanghai Composite Index (SHCOMP) dropped 0.5%. Both ended higher Monday. South Korea’s Kospi (KOSPI) also opened slightly […]
UK FTSE 100 (.FTSE) shares stumble as Brexit optimism fades A turbulent day on London’s markets meant that FTSE-listed stocks and sterling took a hit yesterday after optimism about a Brexit deal had buoyed traders at the end of last week. Companies exposed to the UK’s domestic economy were particularly affected as last week’s euphoria […]
DAX PERFORMANCE-INDEX (.GDAXI) drives higher yet again despite yesterday’s pullback The DAX continues to outperform despite questions over the validity of the claims of a US-China trade deal, with the index driving higher to negate the retracement seen yesterday. This points towards further upside to come, with the index hitting a two-month high in early trade today. […]
