Business News
GE looking to sell its digital assets: WSJ
General Electric Co is looking to sell key parts of its digital business, the Wall Street Journal reported.
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Business News
Nasdaq falls for third straight session as FAANGs slide
The Nasdaq Composite was on track to post its third straight session of more than 1 percent declines for the first time in three years, as disappointing forecasts from technology and internet companies sparked growth worries.
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Monday Apple Rumors: 2018 iPhone Dummy Models Leak
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of possible iPhone dummy models leaking. 2018 iPhone: Two dummy models for iPhone devices have shown up in photos, reports AppleInsider. One thing to note about these dummy models is the single camera on the rear of the 6.1-inch device. …read more […]
Business News
Ferrari bets on tobacco veteran in post-Marchionne era
Ferrari’s new boss Louis Camilleri has big shoes to fill but the tobacco industry veteran may have just what is needed to steer the luxury sportscar maker through its next lap, analysts and industry insiders said.
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Sohu.com Hits 11-Year Low After Another Rough Quarter
The Chinese dot-com pioneer trades at its lowest level since the springtime of 2007 after another disappointing financial report. …read more […]
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Is The End Near for Under Armour (UAA)?
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Under Armour’s (UAA) second quarter financial results and dives into the sportswear firm’s future as it spends millions to revamp its business. …read more […]
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Why Tesla (TSLA) Stock Fell Today & How Much Worse It Might Get
Shares of Tesla (TSLA) sunk Monday on the back of a UBS analyst note that said the electric car company’s stock price could fall by more than 30% over the next 12 months as it is forced to seek outside funding. …read more […]
Business News
Tech stocks pull down equity markets, euro gains
The dollar slipped against the euro on Monday ahead of key central bank monetary policy meetings this week and a gauge of global equity markets fell, pulled down by a slide in U.S. technology heavyweights.
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3 Things to Watch When Devon Energy Corp. Reports Earnings
The shale giant expects to announce results after markets close on Tuesday. …read more […]
Business News
AmEx raised currency prices for business clients without warning: Wall Street Journal
American Express Co raised currency conversion rates for business clients without notifying customers in an attempt to boost revenue and employee commission, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Business News
Wary of China’s rise, Pompeo announces U.S. initiatives in emerging Asia
U.S. Secretary of State Mike Pompeo on Monday announced $113 million in new technology, energy and infrastructure initiatives in emerging Asia at a time when China is pouring billions of dollars in investments into the region.
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AbbVie's Stock Is Incredibly Cheap
AbbVie’s downward spiral is unwarranted. Here’s why. …read more […]
Business News
Nasdaq drops as FAANG growth worries persist
The Nasdaq Composite fell more than 1 percent on Monday for the third straight session, as disappointing forecasts from a clutch of technology and internet companies fueled worries about the continued growth of the high-flying tech sector.
Trading Ideas
The Twitter Inc (TWTR) Stock Sell-Off May Be a Big Mistake
Twitter Inc (NYSE: TWTR ) stock continued to fall, dropping 5.7 percent on Monday on the heels of a huge 20.5 percent loss on Friday. But some Wall Street analysts are taking a more bullish view of TWTR … …read more […]
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U.S. pending home sales rise, supply constraints remain
Contracts to buy previously owned homes unexpectedly rose in June after two straight monthly declines, but the housing market remains hobbled by a dearth of properties available for sale. The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 0.9 percent to a reading of 106.9. Pending home sales fell 2.5 percent in June from a year ago. …read more […]