Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
In this segment fromMotley Fool Money, host Chris Hill chats with senior analysts Jason Moser, Matt Argersinger, and Ron Gross about Latin American e-commerce leader MercadoLibre (NASDAQ:MELI), which failed to hit its guidance targets for its fiscal first quarter. However, a large share of that miss can be attributed to a required change in the way it handles its accounting.
U.S. stock futures are trading lower this morning. Losses are heavier in the tech-laden Nasdaq after Cisco Systems, Inc. (NASDAQ:CSCO) beat earnings but noted tightening margins. Walmart Inc (NYSE:WMT) is a highlight, however, after posting better-than-expected results driven by strong online sales.
Ahead of the open, futures on the Dow Jones Industrial Average were down 0.17%. S&P....More>>>
U.S. stock futures are trading broadly lower this morning. Wall Street was clearly anxious ahead of this morning’s April jobs report. Expectations were for a gain of 188,000 last month, on the heels of March’s surprisingly low 108,000 job adds.
Meanwhile, corporate earnings continue to chug along. Alibaba Group Holding Ltd (NYSE:BABA), Celgene Inc. (NASDAQ:CELG) and GoPro Inc.....More>>>
Despite pulling back a bit in the past week, the U.S. broad markets still are up 3% or so in the past month. Not to say that this has been entirely the result of earnings, but its been a big help, along with a strong push in crude oil as well. If we continue to see solid fundamentals from company earnings, markets should continue to rise.
24/7 Wall St. has put together a preview of some of....More>>>
Amazon.com, Inc. (NASDAQ:AMZN) has been one of the more impressive stocks of the past 25 years. In fact, AMZN now has returned nearly 100,000% from its IPO price of $18 ($1.50 adjusted for the company’s subsequent stock splits).
A large part of the returns have come from two factors. First, Amazon has vastly expanded its reach. What originally was just an online bookseller now has its....More>>>
Google parent Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) reports first-quarter earnings after the closing bell on Monday, Apr. 23.
Monday’s release will look a little different than previous ones as a result of GOOGL’s recently announced changes to how it’ll report. Those changes include moving Nest, its division that produces smart home appliances, from the “Other....More>>>
The Spotify IPO date is scheduled for Tuesday, April 3, 2018, but we have a better profit play for Money Morning readers. It’s a proven winner that could climb 28.06% over the next 12 months, and that doesn’t even include a $2.52 dividend (1.46%).
The company we’re talking about is Apple Inc. (Nasdaq: AAPL).
The stock market has been on fire for the past decade. After bottoming out below 700 in early 2009, the S&P 500 has nearly quadrupled to over 2,600 today. That is a huge a run higher for stocks – particularly for tech stocks like Apple Inc. (NASDAQ:AAPL).
When you have a rally of that magnitude, however, valuations on stocks approach levels that have historically been unsustainable.....More>>>
In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after, on February 28, Spotify (Pending:SPOT), positioning itself as the music streaming analog to Netflix (NASDAQ:NFLX),....More>>>
First Japan, and now China, is getting markets notably the bond world stirred up.
Bonds are the topic du jour, especially after the Bank of Japan got everyone a bit worked up yesterday by trimming its government bond purchases. Then this morning, Bloomberg reported China is considering c
The best investments are those where, opposite to popular opinion, one does not have to be the smartest person in the room. The best investments are ones where the odds of success are so far tilted to ones favor that even if so much can be wrong in one thesis, you still end up d
Apple (NASDAQ:AAPL) is expected to launch a trio of new iPhones in September. These new phones are expected to incorporate significant internal enhancements compared to the models that launched last fall, including support for super-fast gigabit LTE download speeds.
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