China is not afraid of "extreme measures" the United States is taking in their trade war and will use it as an opportunity to replace imports, promote localisation and accelerate the development of high-tech products, state media said. The People's Daily newspaper, which is published by the ruling Communist Party, made the comments in a front-page article in its overseas edition on Wednesday. The world's two largest economies dove deeper into a trade war on Tuesday after Beijing added $60 billion of U.S. products to its import tariff list in retaliation for U.S. President Donald Trump's planned levies on $200 billion worth of Chinese goods.
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:ARC Document Solutions, Inc. (ARC): This reprographics company has seen the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.ARC Document
Despite the many perks of early retirement — waking up whenever you want, for example — it wasn’t the easiest decision. Earnings tend to peak around 48 for men and about 39 for women, according to an analysis by PayScale.
A proposed one-for-500 reverse stock split sent the shares careening 28 percent Monday to close at less than two cents each. Helios & Matheson is now trading below its net cash value, with cash and equivalents at $15.5 million as of its latest filing for the period ended June 30. It also now has a negative enterprise value of $23.4 million when accounting for the negative minority interest, likely due to the loss-making activities at MoviePass.
When it comes to the chip space, much of the attention has been on Advanced Micro Devices (NASDAQ:AMD) lately, whose stock has been on a powerful bull run. Note that last week Needham analyst Rajvindra Gill published a report, which included an increase in the price target from $325 to $350. This implies 27% upside for Nvidia stock.
Yesterday, President Donald Trump announced a new round of tariffs on Chinese goods — $200 billion to be exact. In response, China issued a $60 billion levy on U.S. goods. In an increasingly global economy, prospects for a trade war with China tend to foster nervousness among investors.
Jim Cramer points out the difference in market performance in China and the United States and ties it to the trade war fears that are rattling investors.
Founder Securities Co., a Chinese partner of Credit Suisse Group AG, suspended the analysts after a preliminary investigation, citing video and photos that brought “severe damage” to the firm’s reputation. The analysts were also barred from this year’s New Fortune research contest, a hyper-competitive Chinese version of the Institutional Investor research poll. The episode highlights the stakes for Chinese analysts as they vie for top spots in the New Fortune rankings, which can have a huge bearing on their paychecks and status in the industry.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. GameStop GME : "There is a lot of chatter that it's going to be taken over. I cannot recommend
According to these rumors, Coca-Cola is considering taking control of the company. One thing to consider about the Coca-Cola rumors are other rumors concerning it and New Age Beverages. For example, it looks like NBEV is considering launching several drinks that include CBD oil, which is the non-psychoactive component of marijuana.
If you believe history is bound to repeat, Microsoft (NASDAQ:MSFT) may have something to say to its shareholders Tuesday. According to broker Stifel, Microsoft’s friendly dividend trend implies an increase in the neighborhood of 10% to 15%.
It tends to range in and out of the penny stock category, as it rises over $5 per share on occasion, and after year-to-date gains of approximately 31%, the stock is currently trading at $5.87. As you might expect, the company is very small, with a market cap of just under $318 million. With data breaches and privacy concerns drawing ever more attention to cybersecurity issues, Zix shows promise for investors who are willing to take on the risk of a penny stock.
Apple (NASDAQ:AAPL) hasn’t been trading that well lately, but that’s what happens when a $1 trillion market cap stock gets bid up into a big event. After a lower high, Apple broke below its 20-day moving average. Interestingly, NFLX stock has put in a series of higher highs (purple arrows) as well as lower lows (blue arrows).
Microsoft Corp. (msft) said late Tuesday its board hiked the tech giant's quarterly dividend by nearly 10%. The company said its board declared a quarterly dividend of 46 cents a share, up from 42 cents a share. The dividend is payable Dec. 13 to shareholders of record as of Nov. 15.
If there is one group of stocks that best represents our times, it’s the semiconductor stocks. So far in 2018, the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH), which measures the performance of this sector, is up 6.3%, against a 14% gain in the Nasdaq
China's yuan currency inched lower on Tuesday after U.S. President Donald Trump said Washington will impose duties on an extra $200 billion worth of Chinese imports, drawing a sharp rebuke and warning from Beijing that it will be forced to retaliate. The escalation in the trade row between the two economic giants caused some wobbles in Chinese stocks in early trade. A rally in infrastructure stocks supported the broader market, with some investors betting that China will step up investment in roads and bridges to offset the impact of the latest tariff salvo from Trump, much of which has already been priced in by the markets.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Based in Minneapolis, U.S. Bancorp (USB) is in the Finance sector, and so far this year, shares have seen a price change of 1.03%.
Sep.18 -- Qualcomm CEO Steve Mollenkopf speaks to Bloomberg's Emily Chang on the set of Bloomberg's Studio 1.0 about Qualcomm's IP dispute and partnership with Apple.
Likewise, Appaloosa Management’s David Tepper isn’t necessarily wrong to continue plowing into an ever-bigger stake in Micron stock. The world’s computers, servers and mobile devices need more and more memory, and Micron is the creme of the crop of the DRAM market. Certainly there will come a time when Micron stock bounces back from what’s become more than a 30% setback from its late-May peak.
Microsoft (MSFT) closed the most recent trading day at $113.21, moving +1.12% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.54%. Heading into today, shares of the software maker had gained 4.93% over the past month, outpacing the Computer and Technology sector's gain of 0.87% and the S&P 500's gain of 1.53% in that time.
Facing tariffs on another $200 billion of its exports to the U.S., China is vowing retaliation but also turning for help to old allies: American businessmen and financiers. In a new charm offensive, Chinese leaders hastily convened a group of high-powered Wall Street executives in Beijing on Sunday and Monday for talks with top officials. With the economy slowing, Chinese leaders understandably want to make sure foreign capital keeps flowing.
Shares of Advanced Micro Devices Inc. (amd) are up 1.6% in premarket trading Tuesday after Mizuho analyst Vijay Rakesh raised his price target to $36 from $20 overnight. Rakesh also raised his price target on Nvidia Corp.'s (nvda) stock to $295 from $280 after his supply-chain meetings. Nvidia's stock is up 0.5% in premarket trading.
Shares of Advanced Micro Devices (NASDAQ: AMD) have certainly been on a major bull run in 2018. AMD stock is now up over 200% year to date, far outpacing gains for tech stocks generally. While the new second generation Ryzen high-end chips have been well received, the stock gains are beginning to far outpace any semblance of sanity. Advanced Micro is certainly no bargain on either an actual or comparative valuation basis.
September has not been kind to Micron Technology Inc. (NASDAQ:MU), with MU stock down about 19% in the first two weeks of the month, hit by pricing and trade war concerns. Overall, October implied volatility is pricing in a potential post-earnings move of about 12% for Micron stock.
Facebook Inc.'s ( FB) stock has plunged in 2018, with shares down by more than 26% from their peak in July at almost $218. Option trades also suggest Facebook will fall by the start of early next year. Should the stock fall below that support level, shares could fall to roughly $148.75.