Large-cap tech stocks have been the stalwart of the U.S. equity market this year, but other stocks need to pick up some slack to keep the good times rolling.
But this ain’t no game: Mike Roberts, the Seattle-based Amazon engineer behind StockStream, is letting players vote on how to invest $50,000 of his actual savings on the real-life stock market. So far, about 60,000 people have come through to play …
U.S. equities were set to finish May with solid monthly gains, though the direction looked less certain on Wednesday, with stock futures straddling the flat line amid weak oil prices. Investors were also waiting for pending-home sales and the Chicago …
Micron Technology (MU) stock broke out on Tuesday amid continued strong demand and pricing for its memory chips. Elsewhere, Analog Devices (ADI) stock surged ahead of its fiscal second-quarter earnings report, while Ambarella (AMBA) tumbled on a …
A June swoon is not expected to be in the cards for stocks this summer. Strategists say it’s more likely the market will trade in a sideways range than decline.
But those gains have been largely without stock splits. In fact, there hasn’t been an effort to rein in Amazon’s AMZN, +0.09% per-share price since the 1990s, right before the dot-com crash.
For perspective, here is a chart comparing the stock prices of Ensco and Atwood Oceanics with the Energy Select Sector SPDR Fund (NYSEARCA:XLE), Exxon Mobil (NYSE:XOM), Chevron (NYSE:CVX), Occidental Petroleum (NYSE:OXY), and Schlumberger …
The rhetoric over an activist investor’s stock-split proposal is getting more intense with one week to go until General Motors’ annual shareholder meeting June 6 in Detroit.
Benchmark stock indexes in Shanghai SHCOMP, +0.23% and Shenzhen 399106, -0.10% were each recently up 0.8%. Chinese markets were closed for the first two days of this week for a holiday.
•To gain business, Wall Street firms have to attract attention. Raising price targets attracts attention both with investors and at the company whose stock is being praised. An analyst with the highest target on a stock may garner much more attention …
Look beyond the NYSE advancers-decliners totals and to the mega-capitalization growth issues that are exerting an undue influence on most major averages.
Stocks opened slightly lower Tuesday, as the market headed into the final two trading days of May. The Dow Jones industrial average and S&P 500 dipped 0.2%.
You may not have noticed it, but the stock market suffered a correction about two weeks ago. Sort of a correction, anyway: These market events are defined as downturns of roughly 10% from recent highs.
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