Stocks in South Korea soared to a fresh high Thursday, leading broad gains across the region after the nation’s central bank held interest rates at a record-low in a vote of confidence in the economy.
Tesla shares could surge past $500 if the company sticks to its own production and sales targets, said Baird analyst Ben Kallo. This is higher than the $368 price target Kallo has on the stock, which he told CNBC is based on lower expected production …
They’re paying the lowest premium in nearly three years to protect against a 10% decline in Nvidia’s stock over the next three months, relative to bets on a 10% increase, according to data compiled by Bloomberg.
The sad truth is that your brain is hard-wired to make you your own worst enemy in the stock market. And the temptation you might feel right now to sell ahead of expected market weakness highlights two of our biggest psychological shortcomings as …
The election of Donald J. Trump as president in November unleashed a wave of confidence among businesses, consumers, and investors that prosperity was just around the corner.
Data storage innovator Pure Storage (PSTG) late Wednesday reported quarterly results that beat estimates on the top and bottom lines, sending its stock higher. Pure Storage, a maker of flash chip-based storage products for the business enterprise …
“From a stock perspective, the headline may not spark a lot excitement, as expectations had moved up into the print and the bar was set higher by [Home Depot],” Credit Suisse analyst Seth Sigman wrote in a note to clients.
Comparable sales fell 3 percent in both Tiffany’s Europe and Asia-Pacific regions, with the luxury retailer mentioning “varying degrees of softness” in certain markets fueling these declines.
Salvatore Ferragamo SpA (SFRGF) stock slid further Thursday after the luxury goods maker issued a cautious outlook for the year ahead and said that the focus in the boardroom remains on rationalizing the retail business.
Amazon.com (NASDAQ:AMZN) turned 20 as a public company earlier this month, and the stock is being celebrated for its monstrous game-changing wealth creation.
Puma Biotechnology (PBYI) stock leapt Wednesday after a Food and Drug Administration committee voted 12-4 to recommend approval of its drug, neratinib, for the treatment of some breast cancers.
While a love for technology shares worldwide is boosting other major benchmarks, such as the S&P 500 Index, none are so influenced by so few stocks this year. As evidence of the distortion: An equal-weighted version of the MSCI China, one that strips …
The average stock out there is very, very expensive. At this point, it almost doesn’t matter which valuation metric you use – they all point to this: Stocks were more expensive than they are today only once in the past century, i.e., during the dot-com …
However, these types of rocket-fueled growth stocks are exceedingly difficult to spot, even during the middle of their radical transformation into giants of their respective industries.
NEW YORK Wall Street rose, while the U.S. dollar and bond yields fell on Wednesday after Federal Reserve meeting minutes signaled a gradual approach to interest rate hikes, and oil prices dipped on a draw of U.S.
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