Chinese internet stocks may be a good buy for investors, according to global investment banks UBS and Credit Suisse. Technology has emerged as a heated battleground in the ongoing U.S.-China trade conflict as both countries seek to dominate new...
Check out the companies making headlines after the bell: Shares of Levi Strauss fell 6% following the release of the denim maker’s second quarter earnings. Levi reporter earnings per share of 7 cents on revenue of $1.31 billion.
Talk about prime positioning. Consumer discretionary stocks, tracked in the exchange-traded world by the Consumer Discretionary Select Sector SPDR Fund, ticker XLY, could get another big boost next week after hitting a new 52-week high Monday, according to CFRA.
Check out the companies making headlines in midday trading: Apple— Shares of Apple fell 2% after receiving a downgrade from Wall Street on Monday. Rosenblatt Securities cut the stock to sell from neutral saying it sees Apple’s fundamentals “deteriorating.”...
Stocks fell across the board Monday, as investors continued to digest the stronger-than-expected jobs report. As of market close, the S&P 500 (^GSPC) was 14.46 points, or 0.48%, lower, while the Dow (^DJI) fell 115.98 points, or 0.43%. The...
The first half of 2019 has given investors cause for celebration. While the market closed out 2018 with the S&P 500 down more than 6%, Wall Street has come roaring back this year, gaining nearly 19%. While those gains...
Wall Street bull Jeffrey Mills believes a Federal Reserve interest rate cut is not necessary to sustain the stock market rally. However, the PNC Financial co-chief investment strategist believes it’ll happen later this month anyway despite the stronger than...
July’s fireworks don’t have to end just because the U.S. Independence Day celebrations on the Fourth of July are over. You can put your money to work by investing in stocks that hold the potential to light up your portfolio over the...
The major market exchanges may have hit new highs last week, but there are always stocks bucking the trend. There were dozens of companies checking in with their lowest levels over the past year — if not longer — last week.
If you’re a growth investor, you can’t afford not to own technology stocks. Since the official end of the Great Recession in June 2009, the tech-heavy Nasdaq-100 index has increased by 310%, nearly double the 164% return of the S&P 500.
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