- Zacks•1 hour ago
5 Top-Ranked Tech Stocks Crushing FAANG Wave
FAANG stocks have been on a tear, shrugging escalating trade tensions between the United States and some of its key partners, especially China. Four of the FAANG stocks — Facebook FB, Amazon AMZN, Netflix NFLX and Alphabet GOOGL — are scaling new highs
- TheStreet.com•yesterday
5 Stocks That Are Screaming Buys Right Now
Here we used TipRanks' stock screener to pinpoint the most compelling stocks right now. The Street is buzzing about Neurocrine's Ingrezza drug, the first FDA-approved treatment for adults with tardive dyskinesia. On its first quarter earnings call, Neurocrine updated the Street with respect to ongoing market penetration for Ingrezza.
- MarketWatch•17 hours ago
Micron earnings show continued gains, but stock dips
Micron Technology Inc. (mu) beat earnings expectations as profit and revenue continued to grow quickly in a report issued Wednesday afternoon, but shares still declined slightly in after-hours trading. Micron reported third-quarter net income of $3.82 billion, or $3.10 a share, on sales of $7.8 billion, up from $5.57 billion in the year-ago quarter.
- CNBC Videos•17 hours ago
FANG stocks are going wild, but these might be running ou...
FANG stocks hit an all-time high. Should investors fade it or trade it? With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Karen Finerman, Dan Nathan and Guy Adami.
- TheStreet.com•15 hours ago
Jim Cramer: With GE It's So Difficult to Believe We Are at the Bottom
It's something we have heard every step of the way from when John Flannery replaced Jeff Immelt in August of last year when the stock as at $25. It became like asking how were the accommodations and the food on the Titanic.
- MarketWatch•45 minutes ago
Micron earnings prove the doubters wrong again
Opinion: Memory chip maker’s stock gains after it combats every doomsday scenario with results and forecastBloomberg News/Landov”The industry we operate within is structurally different than in the past,” Micron Chief Executive Sanjay Mehrotra said Wednesday. Micron Technology Inc. once again countered all the doubts surrounding its stock Wednesday, as executives forcefully contended that the current strength in memory markets is not just a cyclical upturn. Micron (MU) on Wednesday reported strong profit and sales gains with a forecast that showed confidence that demand for memory chips will continue, along with higher prices of those components.
- InvestorPlace•20 hours ago
Naked Brand Shares Fly Skyward on Bendon Merger
Naked Brand and Bendom Limited officially completed their merger today. This comes after shareholders of NAKD voted in favor of the merger on June 11, 2018. The merger has both Naked and Bendon acting as wholly-owned subsidiaries of the new company Bendon Group Holding Limited.
- TheStreet.com•17 hours ago
3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio
Warren Buffett, the chief executive of Berkshire Hathaway Inc. , has long been lauded as one of the greatest value investors of this lifetime. That makes his picks for Berkshire a solid pick for a retirement fund with a few years to grow. His preferences
Business Insider•21 hours agoTesla is suing the employee Elon Musk claimed committed sabotage against the company (TSLA)
Tesla has filed a lawsuit against the employee CEO Elon Musk said committed sabotage against the company, Bloomberg first reported. On Monday, Musk said an employee had changed parts of Tesla's manufacturing operating system code and sent "highly sensitive" company data to outside parties, according to an internal email acquired by CNBC.
- Bloomberg•yesterday
Americans Still Aren’t Saving, Despite the Booming Economy
Despite recent job gains, rising wages and falling unemployment, almost a quarter of Americans said they still have no emergency savings, according to an annual Bankrate.com report released Wednesday. The number of Americans who said they have no money readily available in either a checking, savings or money market account fell to a seven-year low of 23 percent, down from 24 percent last year, the study found. The poll was conducted in June by research firm SSRS, using a national sample of 1,006 people. The percentage of Americans with some savings, but not enough to cover three months' worth of expenses, rose to 22 percent from 20 percent last year, the report said. And the percentage with enough to cover expenses for three to five months ticked up to 18 percent, from 17 percent last year.
- Zacks•yesterday
Options Traders Expect Huge Moves in Cisco Systems (CSCO) Stock
Investors in Cisco Systems, Inc. CSCO need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
- CNBC•2 hours ago
Netflix gets its second $500 price target this week as Wall Street love hits fever pitch
Pivotal Research Group analyst Jeffrey Wlodarczak raises his 12-month price target on the video-streaming giant on Thursday to $500 from $420 per share. "We expect yet another solid result (and 3Q guidance) in the seasonally weaker 2Q driven by content launches, aggressive increases in marketing spend and the natural momentum of the business," Wlodarczak says in a note to clients. Pivotal Research Group became on Thursday the second Wall Street research firm to slap a $500 price target on Netflix NFLX this week as analysts' love for the stock hits a fever pitch.
- Bloomberg Video•6 hours ago
Daimler Warning Must Be Taken Seriously, Aberdeen's Athey Says
Jun.21 -- Daimler AG became the first prominent company to cut its profit outlook due to escalating trade tensions between the U.S. and China, claiming Chinese customers will now buy fewer cars after Beijing has slapped tariffs on U.S. auto imports. James Athey, an investment manager at Aberdeen Standard Investments, discusses the German luxury-car maker's warning on "Bloomberg Markets: European Open."
InvestorPlace•18 hours ago5 Top Stock Trades for Thursday Morning
U.S. equities put together a modest rebound on Wednesday, given that no new trade war news emerged. But that didn’t mean there weren’t movers. In that respect, let’s see what top stock trades we were able to sniff out for Thursday. Top Stock Trades for
- Investopedia•yesterday
Micron Showing Potential Double Top Ahead of Earnings
Semiconductor giant Micron Technology, Inc. ( MU) has had a volatile ride so far in 2018. Analysts expect Micron to post earnings per share of $3.10 to $3.16 when the company reports earnings results after the closing bell on Wednesday, June 20. A "golden cross" occurs when the 50-day simple moving average rises above the 200-day simple moving and indicates that higher prices lie ahead, and this has been a positive for investors in Micron.
TheStreet.com•17 hours agoGE Headed to $9.99 a Share?
Last night, David Blitzer, chairman of the index committee at S&P Dow Jones Indices said that General Electric was getting booted out of the Dow Jones Industrial Average after 111 continuous years of membership. Overnight, shares of General Electric fell from the stock's closing price of $12.95 (-55% over twelve months) to $12.54 (-2.2%). Less than $30 billion worth of mutual funds and ETFs even bother to track the Dow Industrials.
- TheStreet.com•23 hours ago
Warren Buffett Thinking Apple Will be Worth $2 Trillion?
chief Warren Buffett may be making: $2 trillion Apple valuation. "He clearly views it as a long-term hold, and it will certainly compound over $1 trillion in the not too distant future -- and then double again in the next five years," says former hedge fund manager and Buffett expert Whitney Tilson. The billionaire's holding conglomerate Berkshire Hathaway hiked its stake in Apple by a whopping 23% to 165.3 million shares in the fourth quarter, according to a filing earlier in the year.
- Investor's Business Daily•17 hours ago
These 2 FANG+ Stocks Are In Buy Range
The Dow Jones industrial average, S&P 500 index and Nasdaq composite retreated Tuesday as President Donald Trump stepped up China trade war threats. Apple (AAPL) and Facebook (FB) fell back into buy range Tuesday, but found key support. On Wednesday,
- Bloomberg•22 hours ago
The Article That Made Atul Gawande a Household Name
The Harvard surgeon and author picked to head a new health venture for Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. has been writing about the quality and costs of medical care for years. Atul Gawande is particularly famous for a 2009 New Yorker story, “The Cost Conundrum,” that examined why some parts of the country spend far more on health care than others -- without better results, sicker populations, or higher labor costs. The article, which won a National Magazine Award, examined why the federal Medicare program spent $15,000 in 2006 for patients in McAllen, Texas -- almost twice the national average.
- MarketWatch•2 hours ago
AT&T to receive $1.1 billion in deal with Brookfield Infrastructure
AT&T Inc. (t) said Thursday it has entered an alliance with Broofield Infrastructure to offer colocation and other services to customers in 18 Internet Data Centers in the U.S. and 13 overseas. As part of the deal, AT&T will receive $1.1 billion, which it will use to reduce debt. Once the deal closes, expected in six to eight months, customer contracts, employees supporting the alliance, fixed assets, and leased and owned facilities will be transferred to Brookfield.
- MarketWatch•13 minutes ago
Why GE stock may be a buy after getting dumped from the Dow
To understand why, look at what happened to IBM (IBM) in 1939, when it was kicked out of the Dow. Norman Fosback, the erstwhile head of the Institute for Economic Research, reported in his investment textbook “Stock Market Logic” that “the DJIA would today be more than twice its currently quoted level” had IBM not been kept out of the Average for those four decades — meaning the Dow currently would be at around 50,000. One measure of this comes from an analysis of the two dozen stocks that have been added or deleted from the Dow since 2000.
InvestorPlace•22 hours agoHas iQiyi Stock Finally Hit Its Ceiling?
IQ stock churned in the low $20’s and abruptly took off, climbing north of $30 almost instantly, then $40. IQ may not be profitable like HUYA and SOGO, but given its stellar subscriber growth, it’s no wonder investors are excited.
- Bloomberg•19 hours ago
Walgreens Is What You Get When You Can't Put Amazon in the Dow
On paper, Walgreens Boots Alliance Inc. is an underwhelming choice for inclusion in the world’s most famous stock index. In particular Amazon.com Inc., the world’s biggest retailer, whose $1,760 stock effectively bars it from a price-weighted gauge. Tuesday’s reshuffling shows the trouble Jeff Bezos’ behemoth creates for the Dow.
- Barrons.com•22 hours ago
GE Booted From the Dow, Time to Buy?
Shares of General Electric (GE) are lower on Wednesday, after S&P Dow Jones Indices said it was dropping the struggling industrial giant from the Dow Jones Industrial Average next week, to be replaced by Walgreens Boots Alliance (WBA). The news isn't exactly a surprise: Barron's predicted it could happen in a recent cover story (“General Electric’s Dim Prospects,” Feb. 17), as the shares are down more than 25% year to date, and that's on top of the 45% fall in 2017. Fourth, the company's cash-generation and previous cash uses are all expected to materially improve this year, while assets sales in excess of $20 billion will support liquidity and the dividend.
- CNBC•15 hours ago
Cramer: It's hard to believe this is bottom for shares of General Electric
CNBC's Jim Cramer explains why even General Electric's exit from the Dow Jones industrial average isn't the end of the industrial's painful turnaround. All CNBC's Jim Cramer heard after news broke that Walgreens would replace General Electric in the Dow Jones industrial average was that "this has to be the bottom" for shares of GE GE . Since GE Chairman and CEO John Flannery replaced former CEO Jeffrey Immelt in August 2017, market-watchers have thought the stock was bottoming nearly every step of the way, Cramer said.
