The S&P 500 rallied through the 3,300 mark for the first time on Thursday and the other main U.S. indexes also surged to record highs, fueled by tech stocks, solid retail sales data and upbeat quarterly earnings from Morgan Stanley.
The public market capitalization of Google parent Alphabet topped the $1 trillion mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the lofty level.
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock’s extraordinary gains.
A business development company, or BDC, is a unique class of company that operates much like a private equity firm but with many of the same oversight requirements as a publicly-traded stock. Profits from loans and other investments are delivered to shareholders via regular and generous dividends but without the constraints of conventional private equity funds. Also, current low interest rates allow them to access capital cheaply while a surging U.S. economy means a tailwind behind their investments. …read more […]
Comcast Corp’s NBCUniversal will provide details on its planned Peacock video streaming service on Thursday, taking on industry leader Netflix Inc and others in the highly competitive field.
The cannabis sector is on fire – in a good way!
What a difference a couple of months can make. Back in November and December, pot stocks were getting killed across the board.
The thinking now is that these stocks have bottomed – and that they’ll no longer decrease significantly.
It’s important to know that what happened with pot stocks is actually a game Wall Street plays all the time – and you need to know how to interpret it.
Let me explain…
To start, brokers hype up companies, which leads to an increase in share value of those companies. Then the hype fades and …read more […]
Tesla shares tumbled on Thursday, after Morgan Stanley downgraded the electric carmaker’s stock to ‘underweight’ from ‘equal-weight,’ citing concerns over its China business. Yahoo Finance Editor-in-Chief Andy Serwer joins The Final Round to discuss. …read more […]
Oil shares popped on Wednesday after President Donald Trump finalized the first stage of a trade deal with China. However, a new report from the International Energy Agency warns that oil production from PEC countries is still expected to outstrip supply. Dan Dicker, founder of The Energy Word, joins The Final Round to discuss what investors should expect from the oil industry in 2020. …read more […]
Passive investing is creating an ‘illusion of liquidity.’ …read more […]
Aurora’s stock popped after Cowen expects the cannabis company to focus on controlling capital spending and restructuring its debt. Yahoo Finance’s Emily McCormick joins Seana Smith on The Ticker to discuss. …read more […]
Oil rose about 1% on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020.
As the cannabis stocks trade at multi-year lows, the market is looking to grasp at any positive news from the upcoming earnings season. Any positive news from Q4 sales or insights on the Cannabis 2.0 rollout in Canada will breath some relief into the market.The North American cannabis industry has plenty of catalysts by midyear 2020, but the related companies were built for robust revenues and much larger markets. The keys to watch in the upcoming earnings reason are the ability of cannabis companies to generate profits from the current market opportunities and not the previous grand expectations.Several big catalysts …read more […]
Icahn Enterprises makes the list Continue reading… …read more […]
The S&P 500 hit the 3,300 mark for the first time on Thursday and the other main U.S. indexes also broke record highs, fueled by solid retail sales data and upbeat Morgan Stanley earnings.
Hydro66 Holdings Corp. (CSE:SIX) shareholders should be happy to see the share price up 20% in the last month. But… …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
