The Gold Miners Index has rallied 60% off of its September 2018 lows. Despite this significant move higher, valuations remain subdued on a historical basis. Given the likely robust revenue growth rates we’ll see in Q3 and Q4 earnings reports, any weakness is likely to get bought up by funds into Q1 2020. The Gold
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Paul Tudor Jones Leanne Miller | CNBC Presidential hopeful Pete Buttigieg has seen a marked uptick in support following his standout performance earlier this month at the Democratic debate in Ohio. And that includes billionaire investor Paul Tudor Jones. “I love Pete, I love Mayor Pete, because I think he would be the best administrator
A ceremony to start manufacturing new CAT 777A haul trucks at the Caterpillar Tosno factory. Sergei Konkov | TASS | Getty Images With about one-fourth of the S&P 500 reporting third quarter earnings, several high-profile earnings misses have analysts wondering if the long-feared earnings recession may be getting closer. In recent weeks, Federal Express, McDonald’s
SpaceX owner and Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Check out the companies making headlines after the bell: Tesla shares surged more than 14% during extended trade after a big earnings beat. Tesla reported earnings of $1.86 per share
I recently read an article celebrating Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) 21st birthday. In it, the author reeled off 21 reasons why Google stock was worth buying. Source: BigTunaOnline / Shutterstock.com This article got me thinking about Alphabet’s need to buy back more Google stock despite the fact that the shares are up 21% in 2019. Loads
With almost every passing week, the price of Nio (NYSE:NIO) stock continues to decline. Following its recent weak earnings report, Nio stock price plummeted to fresh depths. It broke the $2 mark, and reached a new all-time low of $1.19 before bouncing. Source: Sundry Photography / Shutterstock.com Be careful about holding Nio stock too long following any
Accounting for the nasty post-earnings tumble in shares of semiconductor maker Texas Instruments (NASDAQ:TXN), things could have been much worse for stocks on the Dow Jones today than the final tallies showed. Source: Venturelli Luca / Shutterstock.com Semiconductor stocks are widely considered to be tech bellwethers, so when one of those names struggles in fashion
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Semiconductor ETFs are soaring this year; here is what investors need to know about four ETFs in the space (SOXX, SMH, XSD, PSI). IShares PHLX SOX Semiconductor Sector Index Fund: https://www.zacks.com/funds/etf/SOXX/profile?cid=CS-YOUTUBE-FT-VID Van Eck Semiconductor ETF: https://www.zacks.com/funds/etf/SMH/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Semiconductor ETF: https://www.zacks.com/funds/etf/XSD/profile?cid=CS-YOUTUBE-FT-VID PowerShares Dynamic Semiconductors Portfolio: https://www.zacks.com/funds/etf/PSI/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter:
Jeffrey Vinik Victor J. Blue | Bloomberg | Getty Images Jeffrey Vinik, the billionaire investor who relaunched his hedge fund earlier this year, is cutting his comeback tour short. “It has been much harder to raise money over the last several months than I anticipated,” Vinik said in a letter dated Wednesday to investors. The
John Greim | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Shares of the aerospace giant rose 1.7% after Boeing delivered third-quarter earnings that were below what Wall Street expected but, overall, did not feature any new surprises as the company works through its 737 Max aircraft crisis.
Etsy (NASDAQ:ETSY) is an online marketplace for handmade goods. That may not seem like a big business, but it’s big enough for the company to carry a $6.7 billion market cap. Certainly that’s about 20% of the size of online merchandiser eBay (NASDAQ:EBAY) and more than two orders of magnitude smaller than Amazon (NASDAQ:AMZN). But
It’s been a rollercoaster for Amazon.com (NASDAQ:AMZN) stock all year. After clawing its way to new 52-week highs in mid-July, AMZN promptly fell off on a Q2 earnings miss. Today, its year-to-date gain has been cut in half. And, believe it or not, AMZN stock’s price-to-earnings ratio is near its lowest levels since 2015, when
U.S. stock futures are headed for a quiet open. In early morning trading, futures on the Dow Jones Industrial Average are down 0.04%, and S&P 500 futures are lower by 0.1%. Nasdaq Composite futures have added 0.03%. Source: Shutterstock In the options pits, overall volume ticked higher with calls once again driving the bus. By
Central Banks are gold’s leading proponents The Dutch central bank explains why Central bank buying provides support for the precious metal The dollar is the world’s reserve currency. Meanwhile, gold is an asset that central banks around the world hold, but rarely talk about. The International Monetary Fund reports on central bank’s reserve holdings each
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A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Generally, profits are topping expectations by a large margin this earnings season, but there were some notable misses on Tuesday. Some of the largest and most well-known companies in the U.S. — including McDonald’s, UPS and Lockheed Martin
Check out the companies making headlines after the bell: Shares of Snap tanked as much as 15% during extended trade despite the company posting better-than-expected third-quarter earnings and user metrics. The maker of Snapchat posted a loss of 4 cents per share, which was better than the 5 cent loss per share Wall Street expected.