#Nasdaq Composite ended the day up 1.53%. Tech stocks helped to propel the Nasdaq higher as Facebook gained 3.87%, Alphabet increased 3.29%, Microsoft rose 1.78%, Apple grew 0.54% and Amazon closed up 0.53%. Markets also responded to comments by Janet Yellen, President-elect Joe Biden’s nominee for treasury secretary, during her Senate confirmation hearing. Yellen called […]
#Nasdaq stocks pulled back on Wall Street Monday as markets around the world paused following record-setting runs. Tesla, Amazon, Apple and other big gainers over the past year led the way lower, even as financial, health care and energy stocks notched gains. Treasury yields continued to rise. The market managed to look past much of […]
Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time. The latest surge means the company is worth more than General Motors, Ford, Toyota, Honda, Fiat Chrysler and Volkswagen combined. Tesla’s share price ended with a gain of 2.8 percent to $755.98 for a total value of […]
#Amazon, #Apple, #Facebook, #Microsoft, #Twitter #Google Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience despite the pandemic, and fresh attacks from lawmakers ahead of the November 3 election. With backlash against Silicon Valley intensifying, the companies will seek to reassure investors while at the same time fend […]
$AMZN $BABA #ALIBABA #AMAZON #ECOMMERCE #RETAIL While large traditional retailers announce big lay-offs because of the pandemic, sometimes shedding thousands of staff, coronavirus lockdowns have in contrast given e-commerce a major boost. Recent data shows a shift to shopping online — according to Kantar consulting group, international e-commerce grew 41 percent in only three months […]
$APPL $FB #APPSTORE #IPHONE Facebook on Friday joined the attack on Apple’s operation of its App Store after the iPhone maker refused to forgo its commission on live online events hosted on the social network that allow people to make money during the pandemic. The comments from Facebook come in the wake of a blockbuster […]
$FB $GOOG $TWTR A new KPMG survey revealed that U.S. consumers are becoming increasingly concerned with, and distrustful of, how companies use, manage and protect their personal data. According to the survey, 56 percent of Americans reported wanting more control over their personal data, and insisted that both corporations and government must play an active […]
The EU’s top competition official vowed Thursday to fight on to make big companies pay more tax, after Brussels suffered a major legal defeat in a long-running tussle with Apple. In a sign that the EU was not dissuaded from its scrutiny of big tech, Margrethe Vestager, the EU’s competition commissioner, also announced a wide-ranging […]
#woke #broke #joke #NASDAQ #NYSE #Bullish #PresidentTrump #OldWhiteGuy #JoeBiden #DIA $SPY $QQQ $RUTX #VXX Experts are saying the NAS Comp will fall, just not now! Democrats are attacking President Trump on social injustice issues that have simmered for decades, and then went ahead and picked “the Old White Guy who has been in Washington for […]
$DIA $SPY $QQQ $RUTX $VXX Just In: Goldman Says US Stocks Have Likely Bottomed Unprecedented policy support and a flattening viral curve have “dramatically” cut risks, the bank said early Monday in a note. Despite the COVID-19 coronavirus, ‘new’ Bull market can run Last week was a shortened week, here is how it played US […]
NASDAQ Composite (.IXIC) Investors’ focus on speech by Federal Reserve Chair Jerome Powell An index of stock markets worldwide crept lower on Thursday on uncertainty over the outlook for U.S. interest rate cuts and weak U.S. manufacturing data that raised concerns about the health of the world’s largest economy. U.S. manufacturing industries in July recorded […]
NASDAQ Composite (.IXIC) Investor sentiment lifted Investor sentiment lifted on Wall Street after upbeat earnings from the large retailers signalled consumer demand is still strong in the United States. That was despite last week’s recession signals from the bond market which triggered panic selling across global markets. The Dow Jones index jumped 240 points, or 1 per cent, […]
NASDAQ Composite (.IXIC) Investors await Fed chair’s speech on Friday Financial shares led U.S.stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week. The S&P 500 financial index .SPSY dropped 1.4% and the group weighed most heavily on the benchmark […]
NASDAQ Composite (.IXIC) hobbling along with some retail, networking and telecom stocks The S&P 500 ended a volatile session with a 0.3% gain Thursday, as indexes closed well off session lows but the market outlook remained uncertain. Meanwhile, a popular retail sector ETF hit a six-year low. The S&P 500 index was down as much […]
NASDAQ Composite (.IXIC) volatility has been rampant amid the ongoing trade war uncertainty The Nasdaq 100 traded lower on Wednesday alongside a troubled Dow Jones and S&P 500. While all three indices fell under pressure, the Nasdaq enjoys a bounty of technical support nearby relative to the other indices. Paramount among these levels is the […]
NASDAQ Composite (.IXIC) end higher amid trade optimismBouncing back from the steep losses of the previous day, US stocks closed higher, as the market was supported by easing US-China trade tensions. The Dow Jones Industrial Average increased 372.54 points, or 1.44 percent, to 26,279.91 on Tuesday. The S&P 500 was up 42.57 points, or 1.48 […]
NASDAQ Composite (.IXIC) Futures Fall as Trade War Triggers Recession Fears U.S. stock futures plunged ahead of trading on Monday on concerns that the lingering trade war between the United States and China could push the global and domestic economies into a full-blown recession. The Dow lost around 150 points after Hong Kong International Airport […]
NASDAQ Composite (.IXIC) focus on the data particularly around retail sales and consumer confidence As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on U.S. consumers as top retailers begin reporting quarterly results next week and key consumer sentiment and retail sales data is released. […]
NASDAQ Composite (.IXIC) rising trade tensions led to concerns that a global economic slowdown U.S. stock index futures moved lower ahead of trading on Wednesday after rising trade tensions led to concerns that a global economic slowdown was likely. The immediate trigger for such fears was the People’s Bank of China’s decision to set the […]
NASDAQ Composite (.IXIC) set to snap six-day losing streak U.S. stocks rose on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade war, a day after Wall Street suffered their sharpest one-day percentage drops of the year. China’s overnight intervention came after […]
Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, highlighted today its ongoing commitment to market-leading benefits that appeal to a multi-generational, diverse workforce and offer employees financial security. Through its BenefitsPlace® platform, Benefitfocus has partnered with several leading specialty benefit suppliers – CommonBond for Business™, Gradvisor and MyKlovr – who offer assistance to […]
Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today announced that its chief financial officer, chief administrative officer, and senior vice president, Ken Stillwell, will present at the Nasdaq 40th Investor Conference in London, United Kingdom. Pega’s presentation is scheduled for Thursday, June 13, 2019 at 8:45 a.m. BST (3:45 a.m. EDT) and will be available live […]
$ICE, $NADQ Friday, US regulators approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The US Securities and Exchange Commission (SEC) Friday approved the creation of the Long-Term Stock […]
$NDAQ, $BRK.A, $BRK.B, $CIIT, $YBAO FLASH: Think Big with Small Cap Stocks! We here at HeffX-LTN often feature small-cap and low price stocks, when we do we fully evaluate risk/reward and have done a full due diligence review. Currently we are focused on small-cap and low priced stocks under $5/share that trade on the OTC […]
$TSLA FLASH: Some analysts believe the Commission will come down hard on Elon Musk Elon Musk is about to urge a judge to go easy on him for tweets that US regulators contend violated a court order, though legal experts say the feisty billionaire will have a hard time avoiding some kind of punishment. The […]
A newly discovered FaceTime bug lets people hear and even see those they are reaching out to on iPhones using the video calling software, sparking privacy fears. The bug, initially outlined by Apple product and review website 9to5Mac.com, was reported by several media outlets. A video posted at Twitter account @BmManski showing how simple it […]
Facebook, Inc. (NASDAQ:FB) back in correction territory Tech stocks are back in correction territory after a painful day for public exchanges. The tech-heavy Nasdaq Composite index fell nearly 4 percent, with tech stocks like Apple, Amazon, Alphabet and Facebook weighing most heavily. In total, the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet-owned […]
Apple Inc. (NASDAQ:AAPL) Facing the reality of market saturation Apple shares fell Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies. HSBC downgraded Apple to hold from buy and cut its 12-month price target to $200 from $205. Apple shares fell 1.7 percent to $181.66 […]
Dow Jones Industrial Average (.DJI) Wall Street’s enthusiasm for the US-China trade truce has completely vanished That was fast. Wall Street’s enthusiasm for the US-China trade truce has completely vanished. The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the […]
Twitter, Inc. (NYSE:TWTR) stock has the long term support it needs When it rains, it pours. Nowhere is that more true right now than the social media industry, which has dealt out massive pullbacks in names like Twitter (NYSE:TWTR), Facebook (NASDAQ:FB) and Snap (NYSE:SNAP). But unlike two of these names, Twitter stock is actually one […]
NASDAQ Composite (.IXIC) plunges by about 4% in late-session trade Selling on the NYSE on Tuesday afternoon has reached panic-like proportions, as the exchange’s Arms Index rose. The Arms is a volume-weighted breadth measure, that tends to rise when the broader market falls, as the intensity of the selling in declining stocks is usually greater […]
Tesla, Inc. (NASDAQ:TSLA) target to $420 Tesla Inc. closed just shy of $360 a share Tuesday, the highest since Aug. 8, as it bucked a larger sell-off in major indexes including the Nasdaq and Dow Jones Industrial Average. Reaching that price could help placate investor concern about Tesla’s cash flow as it looks to sustain […]
Alibaba Group Holding Limited (NYSE:BABA) set to rally over the next several months Since early October, the broader markets have been spiraling downward on concerns that more rate hikes and bigger tariffs would create a material drag on global economic growth. But over the past two weeks, those two major concerns have significantly receded, leaving […]
Alphabet Inc. (NASDAQ:GOOG) decline entirely attributable to the broader market Shares of Alphabet, parent company of online search giant Google, finished the day down 4.8%. With only a slightly greater loss than the Nasdaq Composite’s decline on Tuesday, the stock’s sell-off is probably entirely attributable to the broader market decline. The stock’s decline on Tuesday […]
Facebook, Inc. (NASDAQ:FB) former Facebook colleagues asking about job openings Some former Facebook employees say their phone is ringing a lot more in the last two months. On the other line: former Facebook colleagues asking about job openings or looking for a reference. This type of behavior is normal at most companies. But according to […]
Tesla, Inc. (NASDAQ:TSLA) has taken investors on a wild ride, but the trend has been mostly upward Like its CEO Elon Musk, Tesla (NASDAQ:TSLA) is as volatile and unpredictable as they come. Tesla’s stock price has gyrated wildly from $245 to $388 over the last 12 months — and Tesla stock is currently closer to […]
Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday Google (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday, December 5, to defend the search giant’s data collection and filtering practices. Pichai will appear before a committee of the US House of Representatives, where he will likely […]
Dow Jones Industrial Average (.DJI) China and the United States reached a temporary trade truce The ceasefire between the United States and China has set off a celebration on Wall Street. The Dow climbed 288 points, or 1.1%, on Monday. It was up 442 points earlier in the day. Investors were pleased that China and […]
NASDAQ Composite (.IXIC) US will leave tariffs on $200 billion of goods at 10% and not boost it to 25% Stocks rallied Monday as investors cheered the trade truce reached over the weekend between the US and China. Stocks closed at their highest level in about a month as the energy, technology and consumer discretionary […]
Alibaba Group Holding Limited (NYSE:BABA) should rebound now that the trade war is on pause China e-commerce giant Alibaba (NYSE:BABA) has dropped into bear market territory quite simply because it is China’s e-commerce giant. Trade war tensions with the U.S. have created economic uncertainty in China. That uncertainty is starting to show up in slower growth and […]
Twitter, Inc. (NYSE:TWTR) buying the dips Twitter shares have lost altitude. The social network has been in a tailspin since the summer, losing more than one-third of value after hitting 52-week highs in June. Twitter advanced more than 47 percent in 2017, its best year since going public in 2013. Even with its autumn lull, its […]
Alibaba Group Holding Limited (NYSE:BABA) sign of reaching a bottom Revenue and FCF are current key drivers for Alibaba’s capitalization growth. And the results of both of these indicators for the last quarter confirm that Alibaba’s undervaluation has increased. At the same time, technical indicators testify to a high probability that Alibaba’s stock reached its […]
Facebook, Inc. (NASDAQ:FB) can reform keep the U.S. and EU happy? Facebook (NASDAQ:FB) has been able to escape a lot of issues for a very long time, simply because of its massive base. The social media giant has great technology to be sure. And for the size of it, FB stock has spent plenty of […]
Dow Jones Industrial Average (.DJI) President Donald Trump and Chinese President Xi Jinping agreement to halt new tariffs and avoid escalating the China trade war Dow Jones futures soared Sunday night, along with S&P 500 futures and Nasdaq futures following a tariff truce at the Trump-Xi meeting. President Donald Trump and Chinese President Xi Jinping […]
NASDAQ Composite (.IXIC) futures jump after Trump-Xi trade armistice U.S. stock index futures jumpedon Sunday, suggesting Wall Street was set rise further after itsbiggest weekly gain last week in nearly seven years as China andthe United States agreed to shelve any new tariffs and resetdiscussions. S&P 500 e-mini futures ESc1 were up 1.6 percent on […]
Tesla, Inc. (NASDAQ:TSLA) reached a daily production rate of 1,000 Model 3 cars per day Tesla has achieved a Model 3 production rate of 1,000 cars per day, according to electric vehicle blog Electrek. Producing cars at a rate of 1,000 per day would give a weekly production rate of 7,000 cars, assuming the factory […]
Alphabet Inc. (NASDAQ:GOOG) CEO hearing in U.S. House likely to be postponed The U.S. House Judiciary Committee will likely put off until next week a hearing with Google Chief Executive Sundar Pichai on the Alphabet Inc (O:GOOGL) unit’s social media practices because of the state funeral of former President George H.W. Bush, Chairman Bob Goodlatte […]
Twitter, Inc. (NYSE:TWTR) anticipated to report earnings of 10.40% per share for next year Twitter, Inc. (NYSE:TWTR) is anticipated to report earnings of 10.40% per share for next year, according to analysts. Analysts are expecting an EPS change of 151.40% for the current year. Wall Street analysts polled by Thomson Reuters have a current recommendation of […]
Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai will give evidence to the House Judiciary Committee Google CEO Sundar Pichai is going to face Congress for the first time next week, according to The Washington Post. Pichai will be grilled by the House Judiciary Committee on 5 December, during which he will face questions from Republicans who […]
NASDAQ Composite (.IXIC) Investors Need Trade Talk Progress to Sustain Rally The major stock indexes in Asia are trading higher early Thursday, following the lead set by Wall Street on Wednesday. With Fed Chair Jerome Powell’s speech out of the way, investor focus will shift to the crucial meeting between President Donald Trump and Chinese […]
Facebook, Inc. (NASDAQ:FB) Mistrust Will Hurt FB Stock In an article published on Oct. 25, I noted that Facebook had made multiple, alleged misstatements. I quoted Facebook’s VP, Business and Marketing Partnerships, David Fischer, as saying in 2016 that, “We know we can’t have true partnerships with our clients unless we are upfront and honest […]
Apple Inc. (NASDAQ:AAPL) should rise modestly in coming years f you’re a shorter-term trader, it’s not that important to think about long-term valuation and earnings growth. In that case, quarterly earnings and technical analysis tend to be more relevant. But Apple stock is, at least among tech companies, viewed as a long-term sleep well at […]
Tesla, Inc. (NASDAQ:TSLA) racked up one billion miles driven on Autopilot Tesla has passed an impressive milestone. The carmaker’s vehicles have racked up one billion miles driven on Autopilot, the company’s semi-self-driving system, Tesla said. That number represents 10% of all miles driven by Teslas since 2012, when the Model S sedan first appeared in the […]
Twitter, Inc. (NYSE:TWTR) upward trend Overall, the bias in prices is: Sideways. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 35.84. The projected lower bound is: 29.76. The projected closing price is: 32.80. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]
Dow Jones Industrial Average (.DJI) biggest rally in eight months Stocks ripped higher on Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are close to neutral, a change in tone from remarks the central bank chief made nearly two months ago. The Dow Jones Industrial Average climbed 617.70 points, or 2.5 percent, to […]
Alibaba Group Holding Limited (NYSE:BABA) riding a rocky road lately Alibaba (NYSE:BABA) has been in the spotlight lately amid constant trade war headlines and some investors have thrown BABA stock in the gutter as a result, but now might be the time for investors to take a second look. The company recently reported yet another […]
Apple Inc. (NASDAQ:AAPL) weakness won’t unwind until investors get more clarity on what the future holds for the iPhone maker The stock of Apple is “front and center” in this bear market, and the weakness won’t unwind until investors get more clarity on what the future holds for the iPhone maker, CNBC’s Jim Cramer said […]
Facebook, Inc. (NASDAQ:FB) U.K. lawmakers could release documents that expose more of Facebook’s privacy policies Tech giants like Amazon.com (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) have deserved a great deal of the criticism they’ve garnered of late for prying a little too deeply into users’ digital lives. Neither company, however, has experienced the kind of scrutiny […]
Alphabet Inc. (NASDAQ:GOOG) has ‘a chance’ to make a comeback in China One of the first investors in China’s biggest search engine said Tuesday that Google has “a chance” of making it in China. Speaking at the CNBC East Tech West conference in the Nansha district of Guangzhou, China, the managing partner of venture capital […]
Netflix, Inc. (NASDAQ:NFLX) deal to animate Roald Dahl books Netflix is pushing further into kids content with a new deal to animate popular Roald Dahl books. The company announced Tuesday that it plans to roll out “animated event series and specials” based on books like “Charlie and the Chocolate Factory,” “The BFG,” “Matilda” and “The […]
Alibaba Group Holding Limited (NYSE:BABA) Alibaba chairman has been a Communist Party member since his college days Jack Ma, executive chairman of China’s largest e-commerce platform Alibaba, has been a member of the 89.6 million-strong Communist Party since his university days in the 1980s. Alibaba owns the South China Morning Post. Back then, Ma was […]
Dow Jones Industrial Average (.DJI) rise on hopes for a US-China trade truce Stocks closed higher after a choppy session on Tuesday as comments from President Donald Trump’s top economic advisor sparked some hope the U.S. and China will strike a compromise on trade. The Dow Jones Industrial Average rose 108.49 points to 24,748.73, while […]
NASDAQ Composite (.IXIC) President Donald Trump and Chinese President Xi Jinping are scheduled to meet later this week Stocks closed slightly higher in a choppy session as the Dow Jones Industrial Average and S&P 500 outperformed the Nasdaq Composite Index. The Dow tumbled early in the session but managed to climb back and close higher […]
Twitter, Inc. (NYSE:TWTR) deserves a special consideration Not all social media stocks are created equal. Consider Twitter (NYSE:TWTR), for example. Experts judge it on its user metrics strictly from the counts. Wall Street is obsessed with the number of active members, and this is a problem for the stock. This also ties it to stocks […]
Tesla, Inc. (NASDAQ:TSLA) report says China sales sank 70% in October Shares of electric car maker Tesla fell in Tuesday’s premarket following a report that its vehicle sales in China plunged 70 percent in October from a year ago. An official at China’s passenger car association reportedly told Reuters that data from the industry body […]
Tesla, Inc. (NASDAQ:TSLA) vehicle sales in China sank 70 percent last month from a year ago Tesla’s vehicle sales in China sank 70 percent last month from a year ago, the country’s passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker. An official from China […]
Alibaba Group Holding Limited (NYSE:BABA) officially confirmed as a member of the Communist Party Jack Ma, co-founder of China’s most valuable company, was officially confirmed as a member of the Communist Party in a state-backed newspaper recognizing business leaders for their contributions to the country’s development. Ma, co-founder and chairman of e-commerce giant Alibaba Group Holding […]
Twitter, Inc. (NYSE:TWTR) Looks Like a Strong Buy Shares of Twitter TWTR jumped over 4% Monday morning as part of a broader tech stock resurgence, including Apple AAPL and Amazon AMZN . Twitter stock is also still up nearly 50% over the last year and many of its current fundamentals appear strong. So, let’s see […]
Apple Inc. (NASDAQ:AAPL) facing multiple negative catalysts Apple (NASDAQ:AAPL) stock bulls are overlooking multiple, large negative catalysts that the company is facing in the short-to-medium term. Given these strong headwinds, many of which are interrelated and feed on each other, the Apple stock price will probably be significantly lower in six months from where it […]
Dow Jones Industrial Average (.DJI) books best day in three weeks on Cyber Monday U.S. stock benchmarks staged a powerful rebound to end Monday trade following the worst Thanksgiving week performance since 2011. The Dow Jones Industrial Average DJIA, +1.46% closed with a gain of about 354 points, or 1.5%, at 24,640, the S&P 500 […]
Facebook, Inc. (NASDAQ:FB) multi-year upside is compelling The recent stock market rout has been unkind to hyper-growth glamour stocks, and especially so to Facebook (NASDAQ:FB). The digital-advertising and social-media juggernaut has been plagued by data-protection scandals, regulatory threats, slowing growth, and falling margins, all against the backdrop of a market worried about a looming recession. […]
NASDAQ Composite (.IXIC) Cautious Note After Trump’s Tariff Threat European stocks are likely to open on a cautious note Tuesday after U.S. President Donald Trump said he would likely raise the punitive tariffs on $200 billion of Chinese goods. He also threatened to impose tariffs on all remaining Chinese imports, if upcoming trade talks fail […]
Alphabet Inc. (NASDAQ:GOOG) paid $US1 billion to buy a large business park near its Mountain View Google has paid $US1 billion to buy a large business park near its Mountain View, California, headquarters, according to a Mercury News report on Monday. The business park Google will acquire in the deal is larger than the Googleplex […]
Dow Jones Industrial Average (.DJI) biggest loss for a Thanksgiving week since 2011 Stocks fell on Friday as some of the most popular technology shares were under pressure once again, while a steep drop in oil prices also weighed on equities. The Dow Jones Industrial Average dropped 178.74 points to 24,285.95 while the S&P 500 […]
Alibaba Group Holding Limited (NYSE:BABA) G20 Summit may ease trade tensions between the US and China Alibaba Group Holding Ltd.’s (BABA) stock has fallen nearly 30% from its June highs. The shares of the China-based e-commerce giant have been weighed down by rising trade war tensions between the U.S. and China. Now with the G20 […]
Facebook, Inc. (NASDAQ:FB) Stock Price still Falling? Damaging revelations about how Facebook’s leaders mishandled Russian efforts to disrupt the 2016 American election are beginning to take a measurable toll, with the company’s stock plunging to a yearly low. The entire tech sector has been battered, with members of the FAANG group — Facebook, Apple, Amazon, […]
Apple Inc. (NASDAQ:AAPL) estimates remain at the lower end of Apple’s guidance range Weaker demand for Apple products as well as a lackluster reception for the iPhone XR outside the United States will prevent shares from advancing over the next year, according to Goldman Sachs. “In addition to weakness in demand for Apple’s products in […]
Tesla, Inc. (NASDAQ:TSLA) bleeding money like crazy Tesla almost died earlier this year, CEO Elon Musk said Sunday night in an interview with Axios that aired on HBO. Musk said the company was “bleeding money like crazy” as it worked through the Model 3 production ramp in the spring and summer. He said the company […]
Alphabet Inc. (NASDAQ:GOOG) Parent Company closing in on first bear market in 7 years Share of Google parent Alphabet Inc. GOOGL, -1.28% has dropped into bear market territory for the first time in seven years in afternoon trade Monday, amid a broad and sharp selloff in the technology sector. The stock was down 3.6%, on […]
NASDAQ Composite (.IXIC) Caution Persists Friday’s session closes with the NASDAQ Composite Index at 6,938.98. The total shares traded for the NASDAQ was over 0.94 billion. Advancers stocks led declining by 1.14 to 1 ratio. There were 1619 advancers and 1418 decliners for the day. On the NASDAQ Stock Exchange 11 stocks reached a 52 […]
Twitter, Inc. (NYSE:TWTR) Can’t Break the Ceiling This year hasn’t been especially fun for Twitter (NYSE:TWTR) shareholders. Twitter stock started 2018 with a bang, jumping from 2017’s closing price of $24 to June’s high around $47. Since then, however, TWTR stock has dropped as low as $26.19 and has risen only to the $32 range. […]
Twitter, Inc. (NYSE:TWTR) Can’t Break the Ceiling The underlying reasons for the doubts about Twitter stock aren’t tough to figure out. TWTR’s rival, Facebook (NASDAQ:FB), noted in July that its sales growth would be slowing going forward, and the social networking giant’s third-quarter results showed that its warning was accurate. Meanwhile, newcomer Snap (NYSE:SNAP) — […]
NASDAQ Composite (.IXIC) market retreats Tuesday’s session closes with the NASDAQ Composite Index at 6,908.82. The total shares traded for the NASDAQ was over 2.62 billion. Declining stocks led advancers by 3.13 to 1 ratio. There were 767 advancers and 2397 decliners for the day. On the NASDAQ Stock Exchange 6 stocks reached a 52 […]
Tesla, Inc. (NASDAQ:TSLA) partnering with Mercedes isn’t as a crazy as it seems There’s been a low-key buzz — a hum if you will — around Mercedes-Benz and Tesla potentially partnering in the future. Of course, whether a partnership will ever unfold remains a big question mark. And if one does come to light, the […]
Alibaba Group Holding Limited (NYSE:BABA) results should boost long-term prospects Despite the obvious specter of a full-blown trade war, Alibaba (NYSE:BABA) shareholders have a big reason to smile. Just a little over a week ago, the company launched its annual Singles Day, an unofficial shopping holiday in China. On paper, the results should boost long-term prospects for […]
Alphabet Inc. (NASDAQ:GOOG) posting losses year to date as tech stock continue their slide Facebook and Google parent company Alphabet stocks are now down for the year. While Facebook turned negative a few months ago, Alphabet became the second major tech company to go negative. Tech stocks overall were hit hard Tuesday as the Nasdaq […]
Facebook, Inc. (NASDAQ:FB) Having Faith in the Stock Tech stocks are taking a beating, all of them. The heavy-hitters, as represented by the FAANG acronym (Facebook, Amazon, Apple, Netflix, Google), have fallen dramatically. Of the lot, Facebook stocks have been hit the hardest. This morning, the price hit a new low of $126.85, which is […]
Dow Jones Industrial Average (.DJI) worries about an economic slowdown The Dow Jones Industrial Average and S&P 500 fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while some of the most popular tech shares dropped again. The 30-stock Dow dropped 551.80 points to 24,465.64 and […]
Apple Inc. (NASDAQ:AAPL) Keeps Falling Apple fell 4.8% to 176.98, now down 20% since its Nov. 1 earnings report and the cautious holiday guidance. The relative strength line, which tracks a stock’s performance vs. the S&P 500 index, has erased its late summer gains and is back below its August 2012 peak. That means you […]
Alphabet Inc. (NASDAQ:GOOG) closed in bear market territory for the first time since 2011 Alphabet (GOOGL) just closed in bear market territory for the first time since 2011. The company, which owns Google, ended Monday down more than 20% off its all-time high in July. It wasn’t the only tech company that plunged. All of […]
Apple Inc. (NASDAQ:AAPL) sluggish demand for higher-end smartphones Stocks fell sharply Monday, dragged down by reports of trouble at Apple and Facebook. The Dow closed down 396 points and the Nasdaq tumbled 3%. Alphabet was also down 4%. It is now down 20% from its peak in July, placing it in bear market territory. Early […]
Alibaba Group Holding Limited (NYSE:BABA) macro headwinds are causing a lot of uncertainty Alibaba (BABA) has had a challenging 2018. So what? Astonishingly, Alibaba has strong positive tailwinds to its overall business model and Alibaba is still growing faster than nearly all its competitors. Yet, even without pricing in much in the way for growth, […]
Twitter, Inc. (NYSE:TWTR) fundamentals support the bull thesis below $30 Shares of digital advertising company Twitter (NYSE:TWTR) have been on a roller coaster ride over the past several years. First, Twitter stock started off Wall Street life with a big IPO that didn’t quite deliver on supercharged expectations. Then, things took a turn for the […]
Tesla, Inc. (NASDAQ:TSLA) Breaks Out Above Buy Point The tech-heavy Nasdaq composite continued to show significant weakness in the stock market today. The Nasdaq declined more than 2.5% midday Monday. With the stock market’s uptrend under pressure, investors should be cautious about which stocks to buy as they break out past potential buy points. Tesla […]
Facebook, Inc. (NASDAQ:FB) remains in hot water over recent scandals Shares of Facebook, Inc. (NASDAQ:FB) were sliding today on a continuing string of bad press and amid a broader sell-off in the Nasdaq, which lost 3% on the day. Facebook closed today’s session down 5.7%, touching a 52-week-low. So what Concern about Facebook’s role in […]
Dow Jones Industrial Average (.DJI) shares of technology and internet-related companies dragging the market lower Stocks retreated sharply lower Monday, with shares of technology and internet-related companies dragging the market lower. The main equity benchmarks saw losses accelerate in morning trade after a report showed home-builders’ confidence plummeted in November. U.S. financial markets will be […]
NASDAQ Composite (.IXIC) Expected to produce a ‘death cross’ Netflix Inc. stock has fallen far enough and long enough to produce its first “death cross” pattern in nearly three years, and become the third member of the former FAANG technology darlings to suffer that bearish technical fate. A death cross refers to when a price […]
Tesla, Inc. (NASDAQ:TSLA) expect profit and positive free cash flow A big pile of debt comes due at Tesla March 1 – $920 million worth. But starting in two weeks, the company has a chance to make it disappear. The debt is in the form of convertible bonds, a special kind of instrument that can […]
NASDAQ Composite (.IXIC) Nvidia sinks Nasdaq The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming […]
Apple Inc. (NASDAQ:AAPL) Target $253.00 Apple (NASDAQ:AAPL) had its price objective lifted by Morgan Stanley from $226.00 to $253.00 in a research note released on Thursday, November 8th, Marketbeat reports. The firm currently has an overweight rating on the iPhone maker’s stock. A number of other research analysts also recently issued reports on the stock. BTIG Research upgraded […]