Category: Investing

Twitter shares are soaring and could see a bigger move on earnings

Twitter shares surged 5 percent on Wednesday, placing the stock on track for its best day since mid-June. The move comes ahead of its quarterly earnings report on Friday...

Traders expect that the Fed probably will ignore Trump’s rate complaints

Indeed, the CME Group’s FedWatch tracker indicated on Friday a 91 percent chance of a September move and a 61 percent probability of another hike in December. In...

In ETFs, the bigger the stock, the more money goes into it and that could be costing regular investors

Chris Brightman of Research Affiliates says a simple equal-weighted strategy can do even better when combined with regular rebalancing. Rebalancing is essentially...

Walgreens downgrade ‘one of the more painful experiences’

Walgreens isn’t the only one feeling the pressure of Amazon’s PillPack acquisition, as one Wall Street analyst copped to underestimating just how...

Citigroup says this global bull market isn’t over yet

The historic bull market in global equities still has room to run, according to Citigroup’s equity strategy team, which is advising clients to continue to buy. The...

P.F. Chang’s owner seeks sale of Chinese food chain

P.F. Chang’s is looking for a new owner. Centerbridge Partners and the board of managers of Wok Parent revealed Friday they have retained Bank of America Merrill...

Alibaba’s Jack Ma calls bitcoin a bubble

Jack Ma’s Ant Financial is betting on blockchain but the Chinese billionaire warned against the technology’s first and most popular use case: Bitcoin. The...

Stitch Fix shares pop on speculation of Oprah taking stake in company

Stitch Fix shares jumped more than 14 percent Wednesday afternoon on speculation via social media that media mogul Oprah Winfrey would be taking a stake in the...

Economist David Rosenberg on why he’s so worried about a trade war with China

The full interview with David Rosenberg. Source link

Tesla will see at least another 26 percent rise: Technical analyst

A surge this week has Tesla racing back to levels not seen in three months and reversing a sell-off that had wiped out a year’s worth of gains. The charts suggest...