Along with the February traffic numbers, Delta Air Lines (NYSE:DAL) reported a key stat returned to flat after an extended period of negative prints. The stock, though, shook off the improving trend with an initial decline due to the weak market.
Apple (NASDAQ:AAPL) is expected to launch a trio of new iPhones in September. These new phones are expected to incorporate significant internal enhancements compared to the models that launched last fall, including support for super-fast gigabit LTE download speeds.
I will review why this helps Net1 UEPS Technologies (UEPS) and cryptocurrencies. I will also review why Net1 UEPS Technologies is undervalued and overlooked.
Stocks that have been affected by the cryptocurrency expansion have seen major rallies. For example, Nvidia (NVDA), 1,000% in 30 months; Advanced Micro Devices (AMD), 500% in 21 months; and Overstock.com (OSTK), 333% in 6 months. I do....More>>>
Markets are digesting news that Bitcoin futures hit an all-time high on Wednesday, according to data provided by U.S. exchanges CME and CBOE.
Roughly $670 million in contracts were exchanged on the markets. CME said that roughly 11,000 contracts (worth 56,100 BTC) were traded on April 25. Futures trading is up 44% in April compared to trading in March.
I assess markets using my 3G investing framework, which evaluates the three most critical forces, or gravities, that impact asset prices: fundamental, quantitative, and behavioral, explains Landon Whaley, editor of The Whaley Report.
As we begin 2017, all three gravities are decidedly bearish for gold; this indicates that gold is one of the best short opportunities of the next year.....More>>>
The hot and soaring technology sector saw its worst day since Jun 9. The S&P 500 tech sector dropped 2.6% on Nov 29 as a result of sector rotation, especially to financials.
The dual news of Republicans moving closer to passing of the tax-reform legislation and accelerating U.S. economic growth raised the appeal of financial stocks. Investors flocked to these firms seen benefitting....More>>>
Energy companies were the top performers in the Asia-Pacific region Wednesday as crude oil surged past $70 a barrel in New York, though one major group got left in the cold: India’s oil refining giants.
Hindustan Petroleum Corp., Indian Oil Corp. and Bharat Petroleum Corp. tumbled at least 3.5 percent as investors weighed fears they might be unable to pass along rising feedstock costs....More>>>
Progenics Pharmaceuticals Inc. (NASDAQ:PGNX) stock tumbled over 26 percent in the past one month despite the company announcing positive data about its lead candidate Azedra late last month. The drug was found performing satisfactorily in its Phase 2b trial. The test was designed to assess the efficacy and safety of the treatment in patients suffering from malignant and/or recurrent pheochromocytoma....More>>>
Whole Foods Market (NASDAQ:WFM) has had a bad time on the market over the past couple of months, losing over 16% of its value on the back of a weak financial performance in its last reported quarter. But, in my opinion, the recent drop in Whole Foods' shares is an opportunity to buy more of the s
If there is one state that comes to mind with high taxes and higher regulations that go above and beyond federal ones, it would be California. It turns out that even the state of California can sometimes look at the cost factors for consumers in their regulations.
Wednesday was an interesting day on Wall Street, with most major benchmarks finishing the session in the green even after having seen early declines. The Dow Jones Industrial Average had been down triple digits at various points, but favorable news from the Federal Reserve's Open Market Committee