Although markets were somewhat shaky for the first big week of the new earnings reporting season, they ultimately closed up for the second week in a row. This is only a small step, but it has proven that solid fundamentals can stabilize this market.
Kanye West, the headline-grabbing entrepreneur and rapper, shared with his 14.9 million Twitter followers this weekend just how much he loves his Tesla. He even garnered the attention of Tesla Inc. (TSLA) CEO Elon Musk, who returned the love in retweet form and reignited the "bromance" be
On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.
However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster....More>>>
If there is one stock that has managed to figure out how to transform itself to adapt to the cloud business, it is Adobe (NASDAQ:ADBE). Since Adobe began transitioning its offerings onto a SaaS model, the stock’s performance has steadily climbed. It has climbed nearly 80% since a year ago, and analysts believe that there is more to come.
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Amazon.com Inc. (NSDQ:AMZN)had started the 2016 holiday shopping season with the launch of its exclusive TV program The Grand Tour, featuring the popular trio of Top Gear hosts, which was accompanied by a one-day discount on its Prime membership program. The opening episode of the programbecame the biggestshow premiere on Amazon’s streaming service, with new Prime memberships during the day....More>>>
Jimmy Buffett has restaurants, a line of beer, adventure vacations, casinos, clothing, resorts, radio and television assets as well as salad dressings, margarita salt and spicy frozen shrimp. Up next? Retirement communities.
It was just a matter of time until the man who built an empire on Margaritaville, a song about drinking too much and bumming around in a beach town, would figure out....More>>>
Senate Democrats want President Trump to disclose who’s visiting the White House and Mar-a-Lago.
In letters Monday to Trump and the Secret Service, eight lawmakers urged the administration to extend an Obama-era policy of posting White House visitor logs online, and to include guests at the president’s Florida resort.
Obama’s White House began opening visitor....More>>>
Active money management is alive and well, at least at T. Rowe Price Group Inc.
The firm attracted $11.3 billion in client cash in the first quarter, the biggest inflow in six years and the second biggest quarterly haul in the company’s history, spokesman Brian Lewbart said in an em
Indonesian equities dropped the most in Asia, with the benchmark gauge sinking to its lowest level since Dec. 15, on concern that Bank Indonesia may raise interest rates for the first time since 2014 to defend the currency, which is already hurting economic growth.
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist