Trading Ideas
Qualcomm Stock Upgraded: What You Need to Know
Rosenblatt sees 5G as key to the company’s success. …read more […]
Year: 2018
Trading Ideas
Drugmakers Extend Summer Rally as Markets Regain Footing
Major pharmaceutical companies are partying like it’s 2001. U.S. drugmakers including Pfizer Inc., Eli Lilly & Co., and Merck & Co. are seeing their share prices balloon to the highest levels in more than 16 years as investors rotate in after second-quarter results proved stronger than expected. Impressive earnings paired with waning concerns about potential Trump administration actions on drug pricing could be helping to draw generalist investors in a bit of a “catch up trade,” according to Credit Suisse analyst Vamil Divan. …read more […]
Trading Ideas
Tesla legal team reportedly thinks SEC pressured to expedite probe: Gasparino
FBN’s Charlie Gasparino on the fallout from Tesla CEO Elon Musk’s tweet about taking the company private and Twitter CEO Jack Dorsey admitting bias at the social media company. …read more […]
Trading Ideas
A Foolish Take: Social Security Recipients Could See Their Biggest Raise in Years
Find out why benefits are about to get a boost. …read more […]
Business News
Dow, S&P higher on trade talk optimism, Nasdaq slips on tech weakness
The S&P 500 and Dow Industrials rose on Monday on optimism around the upcoming Sino-U.S. trade talks, but the Nasdaq fell as technology stocks retreated.
Trading Ideas
As the Competition Revs, Intel Stock May Be Starting an Epic Slide
The past few weeks have been tough ones for Intel (NASDAQ:INTC) shareholders, as Intel stock has peeled back from its early June peak of $57.60 to a multi-month low near $47… an 18% setback. Not only was the market reminded of just how much good competition the chipmaker faces on all fronts, but also another batch of security flaws unique to some of its computer processors were announced. The latter, however, is something current and would-be owners of Intel stock just may not be willing to give. …read more […]
Business News
Exclusive: Standard Chartered sells principal finance business to Actis and ICG
Standard Chartered is in talks to sell its private equity business to Intermediate Capital Group (ICG), a source with direct knowledge of the deal said on Monday, as part of a broader disposal of its ‘principal finance’ investment business.
Trading Ideas
Twitter CEO holds back details on plan to combat ‘fake news’
Twitter CEO Jack Dorsey did not give many details on how the social media giant is battling ‘fake news’ in a recent CNN interview. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolf-Mann discuss. …read more […]
Trading Ideas
MARKETS: Here's what traders are watching today and this week
Yahoo Finance’s Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange to break down the latest market moves. …read more […]
Trading Ideas
Tesla rises as Saudi Arabia looks to invest in an electric competitor (TSLA)
Saudi Arabia has been in talks with the electric-car maker Lucid Motors, Reuters reported Monday. JPMorgan cut its price target for Tesla to $195 from $305 on Monday, citing the fact that funding for a go-private deal had not been secured as CEO Elon Musk originally said. Tesla shares sank more than 6% in early trading Monday but crawled back into the green shortly after open. …read more […]
Business News
Wall St. higher on U.S.-China trade talk optimism
U.S. stock index opened higher on Monday as reports of planned trade talks between the United States and China raised hopes of a potential resolution to their trade spat.
Business News
EU regulators okay with conditions $82 billion Linde, Praxair deal
EU antitrust regulators approved on Monday German industrial gases group Linde’s planned $82 billion merger with U.S. rival Praxair after the companies agreed to sell Praxair’s assets to a Japanese rival together with other concessions.
Business News
Tesla nears three-month low as JPMorgan adds to deal doubts
Tesla Inc shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase’s price target for the electric carmaker added to growing doubts among market players about a plan to take the company private.
Trading Ideas
ConocoPhillips settles with Venezuela’s PDVSA to recover $2 bln
U.S. oil producer ConocoPhillips will recover about $2 billion under a settlement with Venezuela’s state-run oil company, PDVSA, ending a long-running dispute over the fallout of the nationalization of the country’s oil industry. The dispute heated up in May https://www.reuters.com/article/us-conocophillips-pdvsa/conoco-has-seized-venezuela-pdvsa-products-from-isla-refinery-curacao-idUSKCN1IE0Y8?il=0 when Conoco moved to seize the Caribbean assets of PDVSA, after the International Chamber of Commerce (ICC) ruled that the Venezuelan state oil driller violated several contracts. …read more […]
Trading Ideas
One of the biggest Nintendo bull's on Wall Street says shares could soar 80% even if Switch sales are flat
One of Wall Street’s most bullish Nintendo analysts raises his forecast for the video-game maker’s stock price. Nintendo will launch mobile-game Dragalia Lost, Switch Online and 1P Switch games soon and gain China market share. Jefferies, one of the biggest Nintendo bulls on Wall Street, says shares of the Japanese game maker could soar 80% — even if Switch sales are flat. …read more […]