May 3, 2018 | Market News
It’s a broad selloff, with every S&P 500 (NYSEARCA:SPY) in the red. Worst hit are the financial names (XLF -2.3%), led by 2.5% declines for Bank of America, Wells Fargo, and Morgan Stanley (all of which reported their Q1s last month). With the exception of a...
Apr 16, 2018 | Earnings, Market News
Netflix (NASDAQ:NFLX) is jumpinh in After hours trading after posting Q1 subscriber numbers above estimates. Here is what you really need to know about the quarter. The company reported 1.96M domestic streaming additions vs. 1.48M consensus and guidance for 1.45M...
Apr 16, 2018 | Market News
Shares of Acacia Communications (ACIA) and Lumentum Holdings (LITE) are both falling hard today. This is because one of their largest potential customers, China’s ZTE has been banned. What is going on? The U.S. Department of Commerce is banning American...
Apr 12, 2018 | Analysis, Earnings
If you have not seen, Bed Bath and Beyond just delivered an earnings BEAT, on both the top line, and the bottom line. The dividend has also been hiked. However, guidance was weak, and shares are now tanking: We want to offer a few key thoughts here. They had 700...
Apr 9, 2018 | Market News
Facebook CEO Mark Zuckerberg testified before Congress. The House Energy and Commerce Committee has released Facebook CEO Mark Zuckerberg’s testimony, and CNBC has printed it — though it hits familiar themes from Zuckerberg’s recent commentary on the...
Apr 6, 2018 | Analysis, Market News
Incyte Corporation (INCY) and Merck (MRK), today announced that an external Data Monitoring Committee review of the pivotal Phase 3 ECHO-301/KEYNOTE-252 study results evaluating Incyte’s epacadostat in combination with Merck’s KEYTRUDA in patients with unresectable or...
Apr 5, 2018 | Market News
Citi has initiated coverage on severa financial services American Express (NYSE:AXP) is initiated with a Buy $110 price target. Capital One Financial (NYSE:COF) is initiated with a Buy $115 price target. Discover Financial Services (NYSE:DFS) is initiated with a...
Apr 5, 2018 | Market News
Ubisoft ADRs (OTCPK:UBSFY) are up 3.4% after news that Far Cry 5 has become the fastest-selling title in Far Cry history. The title more than doubled first-week sell-through of predecessor Far Cry 4, Ubisoft says, with digital distribution making up more than 50%....
Apr 5, 2018 | Market News
Caterpillar (CAT) stock is seeing solid gains as investors shrug off any concerns about the effects of China’s proposed tariffs. Cleveland Research analyst Adam Uhlman keeps his Neutral rating on CAT. He is pointing to dealer feedback from Europe that suggests...
Apr 3, 2018 | Analysis, Market News
With many cryptocurrency investors and users getting wary of the market slump, Tron (TRX) developer team just launched their Testnet. The platform founder, Justin Sun has assured the community of the platforms’ next move to ensure the network achieves its 2018 goals....
Apr 3, 2018 | Market News
President Trump tweets yet again about Amazon (NASDAQ:AMZN). Tweet: “I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. Amazon should pay these costs (plus) and not have them bourne by the American...
Apr 3, 2018 | Market News
Tesla (NASDAQ:TSLA) reports a production total of 34,494 vehicles in Q1. The tally included 24,728 Model S and Model X vehicles, and 9,766 Model 3s. The company says that in the past seven days it produced 2,020 Model S vehicles, lower than its 2.5K target set...
Mar 31, 2018 | Analysis, Market News
CryptoRecorder The much-awaited Tron (TRX) test net is now live, and people are super excited about it. It has marked the turning point for Tron, as it looks forward to the Main net launch. However, what I have found most interesting were the comments that Justin Sun...
Mar 30, 2018 | Analysis, Money Saving Tips
Sheiresa Ngo Looking for retirement tips? Well, retirement tips are a dime a dozen but we have some key recommendations. If you’re like most workers, you want to retire early and enjoy life after work. You can see visions of yourself relaxing on the beach with a drink...
Mar 30, 2018 | Market News
Stocks staged a broad rally ahead of the three-day Easter weekend as technology shares rebounded, but the blue-chip Dow index still suffered its first quarterly loss in more than two years. The Dow closed the quarter 2.3% lower and the S&P 500 slid 2.7% in the...
