Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is one of the largest, most widely followed companies in the market. On Oct. 28, GOOGL released third-quarter earnings that failed to impress analysts. Yet Alphabet stock is still up about 24% in 2019. Source: rvlsoft / Shutterstock.com In my opinion, it’s not an opportunistic time for long-term investors to buy Google
On Wednesday, fear struck investors that the seemingly settled phase-one trade agreement between the U.S. and China was a done deal. Given that stocks were at all-time highs, a few days of selling wouldn’t have been surprising. Thursday was mild, while we saw small gains in the stock market today. In other words, investors have
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images An unusual trend in the stock market emerged recently as the latest sign that perhaps greed is the driving force behind the rally
Santa Claus waves to the crowd during the Macy’s Thanksgiving Day Parade in New York City. Getty Images It’s Thanksgiving time, and investors’ thoughts turn to holiday shopping and a year end Santa rally in the stock market. Some analysts think both could be pretty good this year. While Black Friday has probably lost some
Despite the challenge of a mature smartphone market, Apple (NASDAQ:AAPL) stock continues to be on a tear in 2019. Apple stock closed down yesterday and is little changed today, but AAPL stock is still up a whopping 67% this year. Some analysts believe that Apple stock can still rise further. On Wednesday, Morgan Stanley set
If you happen to be a shareholder of department store giant Macy’s (NYSE:M), you’re seeing red: lots of it. Prior to the iconic retailer’s third-quarter earnings results, investors viewed the disclosure with much anxiety. As one of the last bastions of the big brick-and-mortar shopping centers, the company had an opportunity not just to lift
Markets got some trade relief to close the week as the three major benchmarks climbed higher following comments from President Trump that the U.S. and China are inching closer to signing Phase I of a trade deal. Source: Provided by Finviz The S&P 500 rallied 0.22% The Dow Jones Industrial Average jumped 0.39% The Nasdaq Composite added
Cannabis stocks received a much needed bump this week on news that a congressional committee approved a bill to end federal marijuana prohibition – for the first time in history. “The vote was mostly symbolic and is just the first step toward full legalization,” says Jason Wilson, banking and cannabis expert at ETFMG Alternative Harvest
Howard Stern Kevin Mazur | Getty Images Liberty Media CEO Greg Maffei believes the company is well positioned to capitalize on the growing popularity of podcasts and other audio content. Maffei, who joined CNBC’s David Faber from Liberty’s investor day in New York, said that while there is competition for audio content, exclusive agreements should
A pedestrian walks past a Charles Schwab office in New York, U.S., on April 12, 2013. Scott Eells | Bloomberg | Getty Images Charles Schwab’s decision to give investors zero commission online trades turned his industry upside down but looks like it could work out well for the firm that bears his name. The move
The year has been full of ups and downs for Nvidia (NASDAQ:NVDA), and that’s been reflected in the Nvidia stock price. Source: Hairem / Shutterstock.com Investors were hoping to learn some good news last week when the Nvidia released its third-quarter earnings report. Unfortunately, they didn’t get it. Nvidia’s earnings and revenue did beat Wall
I can see why investors would be tempted to buy the dip in Nokia (NYSE:NOK). The sell-off since a disastrous third-quarter report has brought valuation back in line. The 5G tailwind that attracted investors to Nokia stock still exists. Yes, the news in the Q3 release was disappointing — but a lower price, in theory,
Thursday is a day of deals, with a bevy of various mergers, acquisitions, closures and negotiations making their way around Wall Street. Unfortunately, a trade deal isn’t one of them, but that didn’t weigh on equities too much in the stock market today. Instead, most indices finished near flat in what was a choppy but
Silver is down 13% from its highs at its early September short-term top. Despite this significant drop in price, we still continue to see nearly two bulls for every one bear. Based on the resilience of the bulls, I continue to see the possibility for an undercut of the $16.60/oz low. While the US Markets (SPY) continue
Bryan Thomas/Getty Images Ahead of Apple earnings later today, the market seems to be getting a bit of its mojo back after a tech-led selloff yesterday. In recent days, worries about trade have taken a back seat to earnings, and tech results have been mixed. Investors appear to be waiting to see whether results from
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Chinese deities statue ready for export to China are waiting in Sagyin (“marble”) village located near the white marble Sagyin quarries. White marble is extracted from Sagyin quarries for centuries. Thierry Falise | LightRocket | Getty Images The best-performing stock in the world just lost nearly all its value in the blink of an eye.
People walk by the Nordstrom men’s store, the company’s first-ever Manhattan location in midtown at 57th and Broadway on April 12, 2018 in New York City. Getty Images Check out the companies making headlines after the bell: Shares of Nordstrom rose about 8% after the retailer delivered third-quarter results that beat analyst estimates on both
InvestorPlace contributor Ian Bezek hit the nail on the head in his Nov. 19 column when he suggested JD.com (NASDAQ:JD) was worth buying after its monster earnings beat. Source: testing / Shutterstock.com Despite JD’s blowout third quarter, JD.com has lost almost 10% of its value since announcing its results. I guess that’s why they say,
Stock analysts like to panic during earnings season. It’s a rare time when they get more visibility into a company’s operations. Never was that more apparent than this week, when all the headlines screamed about how Lowe’s (NYSE:LOW) is suddenly hot and Home Depot (NYSE:HD) is suddenly not. Source: Helen89 / Shutterstock.com It’s true that