Market News
Shares of Stamps.com cut in half after company slashes earnings forecast
CNBC - 9 May 2019 13:43
Stamps.com stock dropped as much as 52% in trading Thursday after the company slashed its 2019 earnings forecast.
Bitcoin Broke Through $6,000, Clearing The Way For Substantial Gains
Forbes - 9 May 2019 03:43
Bitcoin just surpassed $6,000. Where will its price go next?
Volkswagen's Sales Volume Fell in Q1 2019 Amid Global Slowdown
Forbes - 9 May 2019 23:58
Volkswagen AG (OTCMKTS: VWAGY), the German auto giant, announced its Q1 2019 results on May 2, 2019, followed by a conference call with analysts. The company missed consensus for revenue which was recorded at $67.8 billi...
Symantec CEO Greg Clark steps down, stock drops
CNBC - 9 May 2019 22:18
Shares of security company Symantec fell Thursday after the company said its CEO, Greg Clark, has stepped down. The company is looking for a replacement.
Uber IPO: Everything You Need To Know
Forbes - 9 May 2019 22:06
After extraordinary growth--along with public scandals--Uber is about to go public. But amid the hype are real concerns about its profitability.
Buy Amazon If Market Sells Off On Trump's China Trade Drama
Forbes - 9 May 2019 22:06
If there is a selloff tomorrow, consider buying Amazon which four of my managers have made their single largest position.
Electronic Arts' Q4 Beat Led By Apex Legends And The Momentum Could Continue In Fiscal 2020
Forbes - 9 May 2019 21:41
Electronic Arts (NASDAQ:EA) recently reported its Q4 fiscal 2019 results, which were above our estimates, led by its new game ~ Apex Legends. This note details the company's Q4 performance, and Trefis' forecasts for the ...
Why Is Sprint's Postpaid Phone Business Underperforming?
Forbes - 9 May 2019 20:52
Sprint (NYSE:S), the smallest of the four nationwide U.S. carriers, published its Q4 FY'18 results on Tuesday, reporting a sharp decline in its lucrative postpaid phone customer base (phone customers who pay their bills ...
Trump's Base In Panic Over 25% Tariffs On China Goods
Forbes - 9 May 2019 19:23
Trump and the Republican Party's base voters are the hardest hit in the China trade war.
Gold never old: For Indians gold still best security, symbol of wealth
livemint.com - 9 May 2019 18:25
Many experts believe that gold would fade as an investment instrument over a longer period of time.Owing to demonetisation and better tax administration, widespread diversion of black money to gold and real estate has co...
Report salary delay: Indian Embassy in UAE to expats
livemint.com - 9 May 2019 18:05
The Indian Embassy has urged Indians to report any instance of delay in salary to the Embassy in Abu Dhabi or the Consulate General in Dubai.The Embassy also shared videos of Indians who fell victim to fraudulent recruit...
Why Hill Harper Is On A Mission to Fight Financial Fragility
Forbes - 9 May 2019 18:01
Known for his roles on The Good Doctor and Homeland, actor Hill Harper is focused on helping bring financial empowerment to those who are financially fragile. He speaks with Personal Finance Expert Megan Gorman on how he...
Why It's A Great Time For "Aggressive Capital Preservation"
Forbes - 9 May 2019 18:00
I am going to make this short and sweet...this is a time to practice something I call "aggressive capital preservation." The stock market has taken returns that really should have been enjoyed in future years, and pulled...
What If Cristina Kirchner Doesn't Run For President In Argentina?
Forbes - 9 May 2019 17:24
There is one possible scenario that could be devastating for the president's political aspirations: Cristina choosing to drop out of the race.
Component Price Targets Imply 11% Gains Ahead For The SPDR S&P 500 ETF
Forbes - 9 May 2019 16:40
For the SPDR S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $318.81 per unit.
Analysts See 10% Gains Ahead For The Holdings Of The WisdomTree U.S. LargeCap Dividend Fund ETF
Forbes - 9 May 2019 15:38
For the WisdomTree U.S. LargeCap Dividend Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $104.89 per unit.
Trade Talks Take Center Stage As More Volatile Action Expected On Wall Street
Forbes - 9 May 2019 15:27
The trade talks are happening right in front of investors' eyes this week, and that's one reason for all the volatility. Thin, low-volume trading is possible today as investors await tidings from Washington.
Here's How Much Trump's Tariffs Will Cost China's GDP
Forbes - 9 May 2019 15:11
China can handle the haircut. Sort of.
China Investors Need To Stick To Their Guns
Forbes - 9 May 2019 14:00
International investors have to play the long game in China.
Beyoncé, Ashton Kutcher, and Gwyneth Paltrow: How Uber's IPO Could Be A Windfall For Celebrity Backers
Forbes - 9 May 2019 13:30
Uber's star-studded investor list could turn into a payday for celebrities like Olivia Munn and Lance Armstrong.
U.S. Cannabis Companies See Finance Terms Improve
Forbes - 9 May 2019 13:15
The old days of back-alley loan rates are giving way to better financing.
Bitcoin Has Been Trending Higher Since April. What Does It Mean?
Forbes - 9 May 2019 02:02
Bitcoin prices have been trending higher lately. Will they break through $6,000 soon?