A video board display's the numbers after the closing bell of the Dow Industrial Average at the New York Stock Exchange on November 8, 2017 in New York. Wall Street inched to another trifecta of record closes with the Dow finishing at its fifth straight all-time high.
Alphabet (GOOGL) doesn't seem like your typical growth stock, considering it opened at $1,030.99 this morning (Oct. 27, 2017). But Wall Street is overlooking the explosive potential our tech guru sees…
Money Morning Director of Technology & Venture Capital Research
There’s been an artificial intelligence revolution (AI) going on all around us for the last several years. It may not seem obvious at first, but it you look closely, the signs are everywhere. Natural language understanding powers virtual assistants on cellphones. Natural language processing is providing foreign language translations on websites. Mapping apps are giving directions, detecting....More>>>
Twilio Inc. (NYSE: TWLO) was one of the best initial public offerings we have seen in some time. Shares had risen as high as almost $71.00 after the IPO was at $15.00 per share in June. After huge gains, it is not unusual to see shareholders and insiders wanting to take some cash home. Now some investors are going to have to consider ifthis 7 million share underwritten secondary offering at $40.00....More>>>
Does the thought of your child behind the wheel of a potentially lethal weapon produce chills up your spine? In my case, it brings tears to my eyes! If your child or grandchild has started to talk about having their own car or driving yours, it’s time to take this topic of teens and cars seriously.
Interestingly, the trend of obtaining drivers licenses is decreasing, so you....More>>>
The major market benchmarks never broke into positive territory on Monday, and by the closing bell the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each shed less than 0.5%.
Teck Resources (NYSE:TECK) performed exceptionally well in 2016, rising from the low single digits to the mid-$20s. I don’t think the stock will repeat that strong performance in 2017. However, I do think the stock will outperform the S&P 500 with strong double-digit gains. Teck Resources’ recent 20% pullback has the stock at an oversold level. The stock remains undervalued as compared....More>>>
Looking for stocks to buy for March is a tall, tall task. It seems tough to believe the market has any further gains to give following its heroic 3.7% gain last month — especially given Thursday’s weakness and Friday’s tepid follow-up.
But veteran traders know anything is possible, and wise traders have learned the “expect it when you least expect it” lesson....More>>>
Last night, MetLife (MET) set out its plans to separate a big piece of its life insurance business, to be known as Brighthouse Financial, from the rest of the company. Deutsche Bank’s Yaron Kinar has the details:
Separation is expected to take place in 1H17. As of now, it is expected to be through an 80.1% spin, followed by full divestment within 5 years.....More>>>
The stock market once again proved its resiliency on Wednesday, bouncing back from extensive declines early in the session to recover most of its losses. The Dow Jones Industrials actually managed to post yet another record close with a modest gain, and although other major market benchmarks suffered declines, they weren’t significant. Moreover, some favorable news from certain pockets of....More>>>
SAN FRANCISCO It was the body slam charge felt around the political and tech world, and it happened inMontana, where the great wealth generated from a two-decade tech boom backed a fierce campaign for U.S. Congress.
Greg Gianforte, the GOP House candidate who was cited forallegedly assaulti
GENEVA One of the world's most prominent auto shows is a combination of the practical and the fanciful. Both showed up this year at the media preview for Switzerland's Geneva Motor show as dozens of new models, many of them headed to U.S. showrooms as well as those around the world, made their d