Best Buy Inc. (BBY) is keeping its friends close and its enemies closer.
Shares of the electronics chain spiked nearly 4% Wednesday, April 18, after CEO Hubert Joly announced that the company has entered into a partnership with Amazon.com Inc. (AMZN) to sell televisions that are programme
“Real estate is an imperishable asset ever increasing in value. It is the most solid security that human ingenuity has devised.” — Russell Sage
Walt Disney (1901-66), the singular visionary genius who — more than anyone — transformed the business of entertainment in the 20th century, had legions of admirers over the decades. Among them is Steve Wynn, founder,....More>>>
Raleigh, NC, based Investment company Shah Capital Management buys Cameco Corp, JA Solar Holdings Co Ltd, VimpelCom Ltd, ReneSola Ltd, UTStarcom Holdings Corp, sells Mobile TeleSystems PJSC during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Shah Capital Management. As of 2016-12-31, Shah Capital Management owns 17 stocks with a total value of $183....More>>>
U.S. equities climbed higher on Monday in a continuation of the easy, low volatility conditions that have dominated over the past three months. Large-cap stocks, as measured by the S&P 500, closed above the 2,400 level for the first time, bagging another high.
In the end, the Dow Jones Industrial Average gained 0.4%, the S&P wafted up 0.5%, the Nasdaq Composite added 0.5%....More>>>
I came across NetEase (NASDAQ:NTES) in early 2013, when it was starting to become a major player in the Chinese mobile game industry. At first, I was a bit skeptical about their future growth and valuation. Video game companies are sometimes “one-hit wonders”, and decline after their top sellers lose popularity. But NetEase is an exception. After watching it for a few months, I decided....More>>>
The major U.S. stock indices posted another negative weekly close last week, led lower by the small-cap Russell 2000, which lost 1.4% and is now down 1.9% for 2016. The tech-heavy Nasdaq 100, another perennial market leader, fell 0.3% and is down 5.7% for the year.
The market is at an important near-term decision point. Stocks must quickly and aggressively resume their advance or risk....More>>>
First Trust Cloud Computing ETF (NASDAQ:SKYY) is the first and only ETF to provide exposure to the fast-growing cloud computing industry. This market segment is growing by leaps and bounds and should do so for several years to come. For example, Amazon (NASDAQ:AMZN) Web Services recently announced that its operating income increased from $580 million in the year-ago quarter to $926 million....More>>>
The recent weakness in the Nasdaq-100 index of large-capitalization stocks traded on the exchange has wreaked havoc on its components, with about three-fourths of the stocks in the index seeing double-digit percentage declines from their most recent peaks. According to FactSet data, 35 component
With the IPO of Dropbox (DBX) last week, Box (BOX) saw an initial dip due to competitive fears and probably some traders using the stock as a source of funds for the hot new stock. Despite competitive threats, the fears appear unnecessary as the market isn't applying the same logic to Box as the
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%).
Although the Big 3 market indexes all closed lower, market breadth was mixed, with a slightly positive reading on the NYSE and a negative reading on the Nasdaq exchange. On the Big Board, the number of advancing stocks outnumbered decliners 1,503 to 1,387, according to FactSet, while volume in
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).