It’s not an understatement to say that Spotify (SPOT) is the most anticipated IPO of the year. The Swedish music streaming company, over the past several years, has risen to nearly one hundred million paying subscribers and has become one of the world’s largest unicorns. In December of last year, Chinese internet conglomerate Tencent (OTCPK:TCEHY) bought shares of Spotify at a reported....More>>>
Wynn Resorts (NASDAQ:WYNN) (+98%, +4.21%, +14%, +0.44%), the U.S. and Macau gaming company, was the largest contributor to the Fund’s 2017 performance with strong earnings growth in Macau and Las Vegas. Industry gross gaming revenues (GGR) in Macau accelerated in the second half of 2017 well beyond full year GGR growth expectations. With major infrastructure projects moving closer to completion,....More>>>
SAN FRANCISCO If it’s a high-paid job, chances are you won’t find a woman in it.
That’s the conclusion of a LinkedIn analysis, prepared forEqual Pay Day on Tuesday, of how women fared in the top 100 highest-paying jobs in the U.S. On average, women make up less than 30% of employees in each role. Among thehighest-paid roles, only threeof them employ more women than men all....More>>>
Today, I will show you how to take our very best investment ideas and make them 10 times better… That's right. Using this simple strategy, I believe every individual investor managing less than $10 million can earn 50% a year in safe stocks. Returns at this level can transform your retirement… or even build generational wealth. But this doesn't mean....More>>>
The resurgence of the pound in recent months may affect the Bank of England’s outlook for price gains at May’s Inflation Report, complicating the case for an immediate interest-rate hike.
Sterling earlier this month climbed to the highest level against the dollar since the day after the Brexit vote. Even after slipping last week — when data showed inflation at the weakest....More>>>
Butler to Replace Booth as Co-CEO of Dimensional Fund Advisors
LPL Moving 133 Jobs From San Diego to South Carolina
Retirement Is Lifes Most Expensive Purchase
The Financial Industry Regulatory Authority launched its new Academic Corporate Bond TRACE Data product, an enhanced historical data product available solely to institutions of higher education.
The new product....More>>>
Stock market breadth data indicated that buyers were acting aggressively Friday, much more so than sellers were during the markets tumble earlier in the week.
The New York Stock Exchanges Arms Index, which is a volume-weighted breadth measure, fell to 0.544, suggesting bulls exhibited near panic-like behavior.
Developed by Richard Arms about 50 years ago, the Arms Index, also known....More>>>
Pitting Organovo Holdings (NASDAQ:ONVO) against United Therapeutics (NASDAQ:UTHR) might seem a bit strange. Organovo is much smaller than United Therapeutics. Their products have little in common.
However, both of these healthcare stocks have increased by similar levels over the past 12 months. One or both of them could reward investors even more in 2017. Which stock is the better buy now?....More>>>
Deals and Financings
China Renaissance, a Beijing investment bank and VC/PE investor, plans to expand its investment funds operations, climbing from $3 billion assets under management currently to $10 billion over the next three years. At the moment, the company runs two funds: Huaxing Growth Capital, focused on technology, media and entertainment, and Huaxing Healthcare. The company plans....More>>>
Toward the end of trading Friday, the Dow traded down 0.20 percent to 20,938.43 while the NASDAQ declined 0.07 percent to 6,044.95. The S&P also fell, dropping 0.21 percent to 2,383.87.
Leading and Lagging Sectors
Friday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Align....More>>>