The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 425.9 million barrels. The commercial c
For years, Facebook has been trying to copy Snapchat. On Wednesday, the CEO of Snapchat’s parent company finally responded.
During Snap’s (SNAP) first earnings call as a public company, CEO Evan Spiegel was asked by an analyst if Facebook’s fierce competition scares him. Spiegel laughed and then launched into a biting response.
Plug Power Inc (NASDAQ:PLUG) shares were skyrocketing to kick off the week.
The surge comes amid news the company’s announcement that Amazon.com, Inc. (NASDAQ:AMZN) acquired 23% of the company’s shares. The move comes as the e-commerce retailer seeks to up its spending in the fuel-cell industry.
Top 5 Safest Stocks To Own For 2017: Hawaiian Holdings, Inc.(HA)
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Weyerhaeuser (WY) wouldn’t normally top your list of big movers, let alone the biggest mover in the S&P 500. But thanks to a note from Goldman Sachs today, Weyerhaeuser was the hottest stock in the S&P 500.
Shares of Weyerhaeuser, which has a market capitalization of $22.7 billion, gained 5.7% to $32.08its largest move since February 2012while the....More>>>
The U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White, after nearly four years as the agencys head, recently announced that she intends to leave at the end of the Obama administration.
Under Whites leadership, the agency strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis.....More>>>
The beginning of 2016 was so bad, investors fretted that the market was heading for a repeat of the financial crisis. Instead, stocks have turned positive on the year.
The Dow Jones Industrial Average has gained 185.04 points, or 1.1%, to 17,510.80 at 2:38 p.m. today, putting it up 0.5% for the year. The S&P 500, meanwhile, has gained 0.8% to 2,043.01, putting....More>>>
Tesla Inc. (NASDAQ: TSLA) trades near an all-time high of $280. With earnings upcoming next week, strong results could make its shares surge again. Itsmarket cap of nearly $44 billion is only slightly below the market cap of Ford Motor Co. (NYSE: F), one of the world’s largest car companies, which sits at $49.5 billion.
Earlier this week, 24/7 Wall St.assessed the value of the two companies.The....More>>>
What a year 2016 was for Infinera (NASDAQ:INFN) shareholders. The stock plunged over 50% last year, as its multiyear run of accelerating 20%-30% growth rates ground to a halt. The story changed from that of a high-growth technology company riding the secular trend of exploding data and bandwidth needs to one of stagnating revenues, profits turning to losses, increased competition, and end....More>>>
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The Wheel of FORTUNE just concluded an interview, part of SA partnership with Cheddar TV to produce a Seeking Alpha "Idea of the Month" slot. These interviews are always a challenge because i) they are very short in nature (only 4-5 minutes), and ii) since it's live TV we are dealing
Pico Far East Holdings (OTC:PCOFF) [HKG:752], Asia's largest exhibition services provider, trades at an ex-net cash trailing P/E of just 10 times. This represents attractive valuations for a market leader which has generated 15-20% ROEs in the past decade and also has been profitable and free c
Have you ever "unplugged" from your cell phone? If you have, you've likely experienced the phenomenon of phantom vibrations -- the perception that your phone is ringing or vibrating when in fact it's not. (In the 1990s, people reported incidences of "phantom pager syndrome.")