Traders are making big bets that shares of Intel and AMD move higher. On Tuesday investors bought more than 13,000 Intel calls with a May 52.50 strike price, according to Investitute co-founder and "Halftime Report" contributor Pete Najarian. As of Monday's close Intel was trading at $49.11, which means the stock...
There’s a gold rush in Philippine telecom minnows and everybody’s invited. For now. President Rodrigo Duterte’s decision to award a new telecommunications license has sparked a frenzy as speculators bid up the prices of once-forgotten penny stocks which may benefit from the shakeup of the sector’s current duopoly of PLDT Inc. and Globe Telecom...
European equities moved lower on Wednesday morning following comments from Fed Chairman Jerome Powell committing to a gradual increase in interest rates. European stocks open lower on Powell’s comments; Solvay, Carrefour to report European stocks open lower on Powell’s comments; Solvay, Carrefour to report European equities moved lower on Wednesday morning...
Asian markets closed mixed on Tuesday, with several indexes giving up early gains as mainland China stocks finished the day in negative territory. Meanwhile, the dollar slipped ahead of a congressional testimony from the new Federal Reserve chair. Mainland stocks closed lower after recording sharp gains in the last session,...
Tech stocks have seen some huge gains over the past year -- the Nasdaq 100 Technology Sector is up about 30% over the past 12 months. Even among these gains, there are still a handful of technology companies that investors can snatch up at discount prices. What's even more surprising...
Every investor wants a stock with a killer competitive advantage. Qualities such as a dominant brand, network effects, high switching costs, and scale all give companies advantages over their rivals that allow them to outgrow their peers and take advantage of pricing power. With those advantages, they can reap...
February's stock market correction probably would have been worse if companies had not stepped in to the fray. With both traders and retail investors selling at a frenzied level earlier this month, corporations swept in looking for bargains. Sparked by rich valuations and fears that inflation finally might be coming...
A stock that triples value in just 12 months sounds great. But what about a stock that quadruples during the same period? Two marijuana stocks, Aurora Cannabis (NASDAQOTH:ACBFF) and Cronos Group (NASDAQOTH:PRMCF) have generated fantastic returns over the last year. Aurora stock is up more than 300%, while Cronos has...
U.S. stock index futures were sharply higher ahead of Monday's open. Around 6 a.m. ET, Dow futures were were indicating a rise of 195 points at the open. The Nasdaq and S&P 500 futures also pointed to a positive open for their respective markets. In the previous trading session, stocks on...
European and Asian shares advanced while U.S. equity futures climbed as benchmark Treasury yields held steady below 2.9 percent and the dollar weakened. Investor focus is shifting back to U.S. monetary policy, with two appearances set for this week from new Federal Reserve Chairman Jerome Powell. The Europe Stoxx 600...
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