Shares of San Jose, California-based Nutanix Inc (NSDQ:NTNX)surged by a staggering 15% yesterday, taking the stock to about $32.5 a share. The stock, which was trading well below the consensus price target of $32.25, has now gone past that number. Yet, the strong rally might encourage some investors to consider buying the stock. More so, because NTNX has received a lot of positive coverage lately,....More>>>
Our colleague Ben Morris has been keeping a close eye on gold. Back in April, he noted that gold was close to breaking out of a multiyear chart pattern that could send prices much higher. But it wasn't yet official, so Ben recommended being patient and waiting for confirmation before getting too bullish on gold and precious metals. That was good advice – gold reversed....More>>>
” Even as I approach the gambling hall, as soon as I hear, two rooms away, the jingle of money poured out on the table, I almost go into convulsions.” /Fyodor Dostoevsky
The newly legislated entry into the global gaming market by Japan has raised prospects of a $30 billion market forming within the first five years of operation. As the implications of this game changing development....More>>>
Natural gas for transportation leader Clean Energy Fuels Corp (NASDAQ:CLNE) has steadily grown and improved the quality of its business and business results over the past several years. Today’s Clean Energy Fuels is leaner, has a stronger balance sheet, and is in a solid position as a market leader in a growth industry.
But is the stock undervalued? By one metric, book value per share,....More>>>
Apple stock could rise to $135 in 2017, driven by earnings growth as well as multiple expansion.
Shares of Cupertino, California-basedApple (NSDQ:AAPL) have been in a sort of year-end rally. After having traded in-line with the major stock market indices for the most part of 2016, the stock seems to have broken out with some momentum in the last month of the year. AAPL stock is up 4.6%....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Rubicon Project (NYSE:RUBI) is a technology company in the ad tech industry that automates the purchase and sale of advertisements on the internet.
The advertisement can be of different types: desktop display (the usual banner on the internet), mobile display (advertising in a mobile application) or video (video advertising).
Rubicon stands between supply and demand,....More>>>
A flag flies outside a Sears retail store on March 22, 2017 in Schaumburg, Illinois. Sears Holdings, the parent of Kmart and Sears, Roebuck, & Co., said there is ‘substantial doubt’ about the company’s financial viability (Photo by Scott Olson/Getty Images)
Hopes raised by a chairman’s letter on future strategy March 9 were crushed Wednesday when Sears Holdings....More>>>
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After an impressive rally post its last earnings, is DIS stock a buy going into its Q1-2017 earnings?
Walt Disney Co(NYSE:DIS) is scheduled to report its Q1-2017 earnings on Feb 7th, after the market close. DIS stock price in 2016 had been more or less flat but it has gained more than 16% since the company’s last quarterly earnings on Nov 10th, 2016. Disney had missed....More>>>