Some investors are worried that the stock market has peaked. A host of market indicators say otherwise. Market breadth – as measured by the number of stocks still climbing and the percentage of stocks with bullish chart configurations – is still strong.
It’s not too unusual for the first quarterly earnings report for a newly public tech company to be a disaster. In 2012 Facebook’s stock tumbled as investors wondered whether the company would be able to transition its business to mobile. Twitter’s …
May traditionally marks the beginning of the six months when the stock market’s returns lag the November-April period, coining the adage “sell in May and go away.
Boeing temporarily suspended flights of its 737 Max narrow-body jetliners due to an engine problem. The plane is powered by Leap engines made by CFM International, a 50-50 joint venture between General Electric and France’s Safran.
Despite the seemingly high correlation between economic recessions, moves in the yield curve, and bear markets in equities, using one to determine another with certainty would be a big mistake for investors.
Most companies use stock splits as a way to bring their per-share price down to more manageable levels, which many believe encourages greater liquidity and accessibility to small investors.
NetEase (NTES) late Wednesday reported first-quarter results that soundly beat sales and earnings expectations, causing shares of the Chinese online game publisher to surge in after-hours trading.
United Continental’s reputation may still be bruised after a passenger was dragged off an overbooked flight last month. And the airline is dealing with another PR nightmare — a giant rabbit died mysteriously in the cargo hold of a United flight a few …
China’s government has made preparations to support the Hong Kong stock market if needed to create a positive atmosphere before July 1, when Xi Jinping is expected to visit the city for the first time as president to mark 20 years of Chinese rule.
Yelp (ticker: YELP) announced soft first-quarter sales and cut its full-year revenue forecast, sending the online reviews site’s stock tumbling 17% lower Wednesday afternoon to $28.63. Advertisers are fleeing, too, which spells bad news for a company …
The total in financial losses inflicted on victims of a stock manipulation conspiracy that recruited former Hartford lawyer and city councilman Corey Brinson has reached about $9.5 million and continues to grow, according to information released in …
“I think stocks basically are driven by the underlying fundamentals—the earnings picture and the growth picture more than anything else…I’m not sure the FBI director position has much to do with the stock market,” said Michael Arone, chief investment …
Social media darling SNAP Inc.’s (SNAP) shares plummeted nearly 25% in after-hours trading Wednesday, following the company’s first earnings report where it conveyed devastating misses on both earnings per share and revenue.
Abercrombie & Fitch’s (ANF) stock rose 12% in early trading on Wednesday following a news report that the company was looking to sell itself.. The news, which drove up the company’s stock $1.51 to $14.18, comes as major retailers are closing stores or …
We are upgrading our rating on Autodesk to Outperform from Neutral and raising our 12-month target price to $120 from $78. Our target price increase stems from significantly higher free-cash-flow estimates and is based on our long-term …
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