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
Shares of the e-commerce king, which is also now a cloud computing giant, connected-home leader, drone company, freight airline, Hollywood studio and even a traditional brick-and-mortar retailer, rose above $900 for the first time Tuesday.
It’s another all-time high.
Amazon (AMZN, Tech30) stock is on a seven-day winning streak.....More>>>
Iconix Brand Group (ICON) announced a divestiture, and a rather significant one. The company is selling its Sharper Image Brand in a $100 million deal, reducing its net debt position by roughly a tenth.
This is a surprising move after the company has gone on an acquisition spree over the past decade, resulting in elevated debt ratios and negligence of the 篓own篓 brands. This divestiture....More>>>
A December interest rate hike is on the table and investors have been frantically reallocating their portfolios in anticipation of the announcement. The probability of an interest rate hike at the December 14th FOMC meeting, according to action in the futures market, is currently implied at 95.4%. The image below shows the latest probabilities from CME Group’s Fed Watch Tool
American Express is joining the movement for expandedparental leave, and it’s doing so in a big way.
The credit card giant announced on Monday that it would be widening its parental leave program to now offer paid maternal or paternal leave for up to 20 weeks. Mothers who give birth and need additional medical leave will also be able to take another six to eight weeks before returning....More>>>
State College, PA, based Investment company PFG Financial Advisors buys Colgate-Palmolive Co, BHP Billiton, SPDR S&P Insurance, WisdomTree MidCap Earnings Fund, General Electric Co, iShares Global Infrastructure ETF, Regions Financial, Ford Motor Co, Hormel Foods, iShares Core S&P Total U.S. Stock Market, sells iShares Core S&P Mid-Cap, iShares Core S&P Small-Cap, iShares Core MSCI....More>>>
Syngenta AG (SYT) CEO Erik Fyrwald said Wednesday that he was “entirely confident” the company’s $43 billion takeover by China National Chemical Corp. would close in the second quarter of this year and dismissed suggestions it would be disrupted by a third party.
Speaking with CNBC Europe television following the Swiss pesticides group’s full year earnings report,....More>>>
The last time we saw today's setup, one group of stocks more than doubled in four years and left U.S. stocks in the dust... It has nothing to do with China. And it might surprise you... European stocks are now dirt-cheap compared with their U.S. counterparts. Based on histo
The words family and budget are not often seen together. As parents, you may have questions about how much you should get your children involved in family finances. I feel strongly about using your home as an incubator for real
According to Collectors Universe's (NASDAQ:CLCT) companys description, We provide authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). We believe that our authent
The biggest online platforms have unveiled their latest attempt to fight fake news.
Facebook (FB, Tech30), Google (GOOGL, Tech30) and Twitter (TWTR, Tech30) said Thursday they have committed to using new "trust indicators" to help users better vet the reliability of the publications and journal