Market News
De La Rue Chief Steps Down Amid Strategic Review; It Could Signal The End Of Cash
Forbes - 30 May 2019 14:06
As the CEO of De La Rue resigns, one worrying prospect for the manufacturer of paper money is that cash may be about to be retired from active duty.
June Markets May Be Poised To Face More Tariff Woes, Eye Fed Meeting
Forbes - 30 May 2019 17:09
Unresolved tariffs issues in May could spill into June's stock market, and a Fed meeting also looms.
Implied Vanguard Large-Cap ETF Analyst Target Price: $146
Forbes - 30 May 2019 16:43
For the Vanguard Large-Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $146.49 per unit.
Gap shares tank 15% on earnings miss, CEO calls quarter 'extremely challenging'
CNBC - 30 May 2019 22:19
Gap CEO Art Peck said he was "not at all satisfied" with the dismal results from the apparel retailer during its fiscal first quarter.
Should Investors Get Excited About Rare Earth Metals?
Forbes - 30 May 2019 22:17
China, which accounts for close to 80 percent of the world's annual production of rare earth metals, is allegedly preparing to curb the export of these important materials to the U.S. as a bargaining chip in the ongoing ...
Uber stock rises as net losses match expectations
CNBC - 30 May 2019 21:30
Uber reported earnings for the first time as a public company on Thursday after the bell.
Bitcoin Breaks Through $9,000 To Hit Highest In A Year
Forbes - 30 May 2019 20:02
Bitcoin cleared $9,000, but quickly fell below this key price level. Where will the cryptocurrency go next?
The Chewy IPO: Digging For Treats In SEC Filings
Forbes - 30 May 2019 18:29
The Year of the IPO continues! After Chewy's first IPO filing in late April, we are looking at what we can learn about pet industry valuations, both from trading data and what is buried deep in SEC filings -- in the form...
Uber's first earnings reports: Investors are looking for hints of profitability
CNBC - 30 May 2019 16:27
Uber anticipates a net loss of at least $1 billion for the quarter, according to an audited report released in an SEC filing ahead of its IPO.
Despite Bounce From Technical Level, Stock Market Gains Limited As Trade Worries Linger
Forbes - 30 May 2019 15:40
This morning, the market seems to be taking a breather from recent selling, but true buying conviction appears to be lacking
All 60/40 Portfolios Are Not Created Equally
Forbes - 30 May 2019 15:00
Back on Wall Street, and a century later, the 60/40 portfolio is all the rage. 60% of your portfolio goes into stocks, and the other 40% goes into bonds. That's it, nice and easy, right? Wrong!
What's The Upside For Ericsson From The Blacklisting Of Huawei?
Forbes - 30 May 2019 15:00
The United States has imposed export restrictions on the sale of U.S. components and software to Huawei, the largest telecom equipment company, making it difficult for the company to build its products. The U.S. has also...
The iShares Core S&P U.S. Growth ETF's Underlying Holdings Imply 12% Gain Potential
Forbes - 30 May 2019 14:43
For the iShares Core S&P U.S. Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.16 per unit.
Dollar General beats quarterly same-store sales estimates
CNBC - 30 May 2019 13:06
Dollar General beat analysts' estimates for quarterly same-store sales, as customers spent more on groceries, seasonal products and home goods at the discount retailer's stores.
The Employee Benefit You Need To Factor Into Your Charitable Planning
Forbes - 30 May 2019 13:00
Many Americans are no longer itemizing their deductions due to the new tax law. As a result, charitable donations do not provide as much of a tax benefit. Personal finance expert Megan Gorman discusses this unique corpor...
VMware's Partnership With Amazon Should Have Boosted Q1 Results
Forbes - 30 May 2019 12:45
VMware reports its fiscal Q1 2020 results later today. In the previous quarter, the company reported an earnings as well as revenue beat. We expect the momentum in its business to be driven by brisk growth in hybrid clou...
PVH cuts profit forecast as CEO sees retail softness, shares tank
CNBC - 30 May 2019 12:30
PVH Corp. cut its annual profit forecast by 10 cents a share as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth.
A China Bond Sell-off Could Send Bitcoin, Ethereum, XRP, And Litecoin To New Highs
Forbes - 30 May 2019 10:04
The trade war is turning Bitcoin into the new gold
India, Not China, Is Still The Dominant Power In South Asia
Forbes - 30 May 2019 09:07
India, not China, is the dominant country in South Asia, maintaining peace together with the US
Beat The Trade Cold War With This Unknown Stock
Forbes - 30 May 2019 06:46
It may not feel like it, but China and the U.S. are in the midst of a cold war. According to a CNBC report, the global technology sector is completely dependent on 17 rare metals that are mostly mined in China. Now the C...