Some may recall that I issued a “sell” signal on Apple AAPL, -0.31% stock hours before it peaked five years ago. In the ensuing seven months, the shares halved.
Nearly two-thirds of large-cap money managers beat their benchmarks in April and the average fund outperformed by 18 basis points, according to a note Tuesday from Bank of America Merrill Lynch.
DryShips announced the results of its annual general meeting yesterday, which among other things authorized the company to undertake another reverse split to prop up its plunging stock price. This time the company will conduct a 1-for-7 split, which …
But the stock continued to rise the following week amid reports that Verizon (NYSE:VZ) was weighing whether to top that bid in order to secure Straight Path’s key wireless spectrum assets, which are expected to play a large role in enabling the …
Stock futures turned higher early Thursday even as Facebook (FB) pulled back following its first-quarter report as European stocks rallied on earnings and pre-election hopes ahead of the French presidential runoff. Meanwhile, Tesla (TSLA) retreated on …
Tesla’s valuation makes a lot of very positive assumptions about its potential, but the stock’s recent performance does not yet summon the ghosts of the dotcom bubble, says one analyst.
Facebook stock, which is up about 32% this year, was down 3.9%, near 145.90, during after-hours trading on the stock market today. Facebook reported daily active users of 1.28 billion, up 18% from a year ago and above the consensus estimate of 1.25 …
Besides the dividend hike, Itochu also announced that it would buy back 18 million shares – or 1.15% of its outstanding shares at JPY1,627.50 a share, which is at the stock’s current level. It’s the second buyback from Itochu in less than a year: the …
AMD stock lost 24% of its value on Tuesday as this euphoric optimism collided with reality. The company’s first-quarter report simply matched analyst expectations, with revenue growing but losses persisting.
Volatility is as familiar to the biotech investor as the smell of sea salt to a surfer. Surfing is an apt comparison with biotech investing when considering the gnarly spellings of drug developers and medicines, the importance of having good pipelines …
Stocks had traded lower earlier in the session in response to Apple’s mixed quarterly results, but bounced off lows as the iPhone-maker’s stock trimmed losses. Apple’s stock had rallied into the earnings report, gaining a total of 2.7% in Monday and …
Why Care.com Stock Is Rallying Today. Better-than-anticipated first-quarter financials and a rosier outlook for the remainder of the year are exciting investors.
When investors wake up nearly every morning to a confusing or market-moving tweet from President Donald Trump, Jim Cramer takes it upon himself to expose the not-so-obvious trends pushing stocks up despite political rhetoric. “In order to get your …
We expect our production to grow significantly in the second half of 2017 as we place more wells to sales, and as a result, we have raised the bottom range of our 2017 production guidance,” said Chief Executive Doug Lawler.
Autonomous driving company Waymo alleged today in court that the formation of rival Otto was a ruse concocted between its founder Anthony Levandowski and eventual acquirer Uber to hide the fact that he immediately went to work for the ride-hailing …
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