The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Related CIG Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide Mid-Day Market Update: Nektar Surges After Positive Results From NKTR-181 Study; Cerulean Pharma Shares Drop
Related PAM Mid-Morning Market Update: Markets Open Higher; Groupe Casino Offers To Buy Cnova ....More>>>
CEO of Novocure Ltd (NASDAQ:NVCR) Asaf Danziger sold 336,420 shares of NVCR on 01/12/2018 at an average price of $22.33 a share. The total sale was $7.5 million.
NovoCure Ltd is a medical systems developer in the United States. Its primary product is the TTFields delivery system, which is a low-intensity therapy to combat acute tumors. NovoCure Ltd has a market cap of $1.89 billion; its shares....More>>>
Welcome. In this article I will give the dollar and cents reasons for how come ERIC looks like a relative bargain in today’s marketplace.
In the trailing ten years ERIC has earned their market cap in free cash flow. This is a signal the company may be undervalued. If ERIC can repeat the performance and earn over $19B in the coming....More>>>
Chinas cloud computing market size is expected to grow to 430 billion yuan ($64.68 billion by 2019). Technavio also estimates that the data center industry of China is growing at a CAGR (Compound Annual Growth Rate) of 13%. Im not surprised that Advanced Micro Devices (AMD) is pushing hard its latest EPYC server processors for Chinas fast-growing cloud computing/data center market.
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Wednesday, November 16.
“The market had wacky bids underneath on Wednesday,” said Cramer. It’s a technical term used by money managers which means that as a stock sinks, money waiting on the sidelines pounces on it. The institutional trader will check the actual supply and demand for stocks....More>>>
It’s been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there’s probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
Still, though, shares are up a good amount this year (see the YTD chart below), reflecting....More>>>
The casino sector offers a lot of color beyond the characters one expects to find as their customers according to the movies. Local nuances in Macau, Las Vegas, online gambling, and new areas lead to industry-wide changes and company-level opportunities for investors.
Recent headlines have focused on headwinds in Macau – with revenue down for its third consecutive year but perhaps bottoming....More>>>
I made an invidious buy recommendation for Adobe (ADBE) last June 2016. Unlike the go-short recommendation of Investor Wand last month, I am again endorsing going long on ADBE. Adobe's phenomenal performance in the stock market is largely thanks to its continuing monopoly on commercial design/cre
As earnings season starts to taper off, there are some stragglers in tech still reporting earnings. Design software company Autodesk (NASDAQ:ADSK) was one notable company to report quarterly results last week.
But another must-see story this week came from outside of earnings-season newsw
The average stock in the Nasdaq 100 is up just over 3% year to date. Using snapshots from our popular Trend Analyzer tool, below is a look at the best and worst performing stocks in the Nasdaq 100 so far in 2018.
At the top of the list is Netflix (NASDAQ:NFLX) with a year-to-date gain of
There aren't a lot of tech companies that one can imagine Warren Buffett and the rest of Berkshire Hathaway's (BRK.A) investment team taking a close look at, given their investment philosophy. But exceptions do exist.
The reasons behind Buffett's historical aversion to investing in tech a