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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.
August 30, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by just 3 percentage points and Nasdaq advancers led decliners by just 4 points.
G-III Apparel Group Ltd. (NASDAQ: GIII) dropped nearly 23% on Tuesday to post a new 52-week low of $32.22 after closing at $41.77 on Monday.....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
On Friday, our Elite Opportunity Pronewsletter suggestedsmall cap fiber optic network stock Clearfield Inc (NASDAQ: CLFD) as a long/bullish trade:
When we think about infrastructure buildout, it’s actually companies like Clearfield that will stand to benefit on the tech front. It’s often too cost prohibitive in many parts of the country to lay fiber below ground for various natural....More>>>
Making an investment case for Tesla Motors Inc (NASDAQ:TSLA) is not that difficult. One only needs to look toward the future. Autonomous vehicles, connected cars, and cleaner/renewable energy are expected to be strong growth drivers in the years ahead. And those are two of Tesla’s main business segments. TSLA stock, then, should be in good hands.
August 30, 2016: Markets opened slightly higher Tuesday but equities dipped below the break-even line early and stayed there the rest of the day. The only sector trading higher late in the day was financials, with the telecom and consumer discretionary sectors leading the losers. Investors and traders likely have their eyes set on Friday’s report on non-farm payrolls. WTI crude oil for October....More>>>
Shares of Applied Optoelectronics (NASDAQ:AAOI) fell 22.3% in February, according to data from S&P Global Market Intelligence. The vertically integrated maker of fiber-optic networking products, ranging from laser chips and components to turnkey systems, bucked the positive tr
Sharkcoin (CURRENCY:SAK) traded down 6% against the U.S. dollar during the 1-day period ending at 19:00 PM ET on September 22nd. Over the last week, Sharkcoin has traded 26.1% higher against the U.S. dollar. Sharkcoin has a market cap of $0.00 and $106.00 worth of Sharkcoin was traded on excha
Shares of Applied Optoelectronics (NASDAQ:AAOI) closed 14.5% higher on Wednesday, having recorded a peak gain of 17.2% earlier in the trading session. An analyst firm issued an optimistic report on the stock based on good-looking checks among AAOI's data center customers.