Chipmaker QUALCOMM, Inc. (NASDAQ:QCOM) has been on a wild ride over the past several months. The shares were in a down-trend for most of 2017 until Broadcom Inc (NASDAQ:AVGO) acquisition rumors emerged in October, sending QCOM stock from $50 to $70 in a hurry.
But then U.S. President Donald Trump essentially blocked AVGO’s acquisition attempts. Merger talks went....More>>>
May 1, 2017: Markets opened higher on Monday following an agreement that keeps the federal government solvent through the end of September. Blue chips have shown very little gain today, with telecom and utilities performing worst and tech and financials performing best. WTI crude oil for June delivery settled at $48.84 a barrel, down 1% on the day. June gold also dropped 1% for the day to settle....More>>>
I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform....More>>>