Market News
Snap tumbles in choppy trading as user growth disappoints Wall Street -- again
CNBC - 11 Aug 2017 02:28
Snap's second-ever quarterly report as a public company comes at a crucial time for the ephemeral messaging app.
Anticipating the Next Big Move in NBIX Stock
Profit Confidential - 11 Aug 2017 14:51
NBIX Stock: Waiting on a Breakout I am super excited about the prospects of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) stock going forward. This excitement is stemming from the beautiful price pattern that is being paint...
Trump's Fury Over North Korea Means Little for Stocks
Wall Street Journal - 12 Aug 2017 01:24
U.S. markets have a long history of ignoring provocations from North Korea. Don't expect that to change now, even with the belligerent exchanges between the leaders of both countries.
SAT dismisses Vijay Mallya's appeal against Sebi order
livemint.com - 12 Aug 2017 00:14
The Securities Appellate Tribunal (SAT) dismissed Vijay Mallya's appeal against Sebi's interim order which had barred him from accessing the capital markets
SBI has a case of indigestion, Q1 results show
livemint.com - 11 Aug 2017 23:12
That SBI's loan book hardly grew while existing loans decayed faster is an indication that India's economy is still limping
Q2 2017 Was A Great Period For The Largest U.S. Banks In Terms Of Investment Banking Fees
Forbes - 11 Aug 2017 23:11
The five largest U.S investment banks pocketed total advisory & underwriting fees in excess of $8 billion for the second quarter of the year - making it just the third time in history that these banks achieved this feat,...
Key Takeaways From News Corp's Q4 Earnings
Forbes - 11 Aug 2017 23:09
News Corp reported mixed fiscal fourth quarter results, as its earnings per share came in ahead of market expectations but revenues missed. In Q4, the company's revenue decreased 7% year-over-year (y-o-y) to $2 billion,
Snap's Monetization Remained Sluggish In Q2, But Things Can Get Better
Forbes - 11 Aug 2017 23:08
Snap published its Q2 2017 results on Thursday, posting a wider than expected loss, while missing market expectations on both daily active user adds as well as ARPU. The stock declined by as much as 17% in after hours tr...
The Price Still Isn't Right for Consumers
Wall Street Journal - 11 Aug 2017 21:48
Low inflation is a gift to consumers, but not enough of one to get them to meaningfully boost their spending.
Health Care Sector Mutual Funds Look Sick
Forbes - 11 Aug 2017 21:03
70% of Health Care sector mutual funds are rated Unattractive or Very Unattractive. This particularly risky fund allocates heavily towards speculative stocks and charges high fees based on past performance that managers ...
Britain's Chicken And Egg Problem
Forbes - 11 Aug 2017 20:42
But this time we know which came first.
On earnings calls, corporate leaders openly bemoan DC's lack of direction
CNBC - 11 Aug 2017 19:46
Washington's lack of movement on tax reform and health-care policy has corporate executives worried.
High stock market valuation temporary: CEA Arvind Subramanian
livemint.com - 11 Aug 2017 18:29
Chief economic advisor Arvind Subramanian said that high stock market valuations driven by excess liquidity is temporary and going forward it will revert to normal levels
Modest rise in US consumer prices may delay Fed rate hike
livemint.com - 11 Aug 2017 17:49
The modest rise in US consumer price index (CPI), following a drop in producer prices in July, could make the Federal Reserve wary about raising interest rates again in 2017
ETH vs. BTC Split: What Ethereum Hard Fork Says About Bitcoin Cash Price 2018
Profit Confidential - 11 Aug 2017 17:46
Bitcoin Hard Fork and Ethereum Hard Fork Stock splits are not uncommon. Usually undertaken when a company's shares rise to an undesirable value that is too high--and therefore may dissuade smaller investors--stock splits...
NSE expects HFT probe resolution, IPO by March
livemint.com - 11 Aug 2017 17:35
NSE expects a probe into its high-frequency trading system to be settled within six months, paving the way for an IPO by March, according to chairman Ashok Chawla
Snapchat Stock Is Setting the Stage for Higher Stock Prices
Profit Confidential - 11 Aug 2017 17:00
SNAP Stock: Bottoming Pattern in Development Snap Inc (NYSE:SNAP) has been an awful investment since day three. The first two days of trading were positive, so let's at least give Snapchat stock that much. What followed ...
Whoosh, buzz or hum?! Formula E stars impersonate their cars
CNN - 11 Aug 2017 16:49
Some have likened it to a futuristic spaceship, others to a disgruntled cat -- but what do Formula E drivers think their cars sound like?
The Price of Censorship for China's Internet Giants
Wall Street Journal - 11 Aug 2017 16:48
By blocking foreign competition, China's censorship regime has groomed the country's internet firms into some of the world's biggest companies. Now Big Brother is turning against the behemoths.
Restoration Hardware's Wild Ride to Nowhere
Wall Street Journal - 11 Aug 2017 16:16
The motto for Restoration Hardware-owner RH is: "Where less is more and minimal is magnified." The same awkward phrase applies to RH's stock
This Is What The End Of Shale Will Look Like
Forbes - 11 Aug 2017 16:00JC Penney losses mount, missing estimates; stock craters 15%
CNBC - 11 Aug 2017 15:53
Other department store chains Macy's, Kohl's, Dillard's and Nordstrom all delivered their quarterly earnings on Thursday.