Kim Kardashian West might have a future on Wall Street. The reality TV star was gifted shares in five major companies for Christmas last year by her husband Kanye West. The stocks have since soared 40% on average, according to data from Markets Insider.
Micron Technology Inc. will give investors a much better lay of the land of the memory chip market this week following a quarter of dueling narratives on whether chip prices would hold premium prices. Micron (MU) is scheduled to report fiscal fourth-quarter earnings after the bell on Thursday. Many optimists argued that the traditional memory chip cycle was no longer applicable and that the market had entered uncharted territory because of new demand from internet-connected devices outside of phones and an insatiable demand from growing data centers.
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.
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
For the last few months in stocks, the world’s loss has often seemed like America’s gain. This is the latest warning from JPMorgan Chase & Co. strategists led by Marko Kolanovic, who say to cut holdings in U.S. equities and add money in emerging markets. As the benefits from President Donald Trump’s tax cuts dissipate, the world’s largest economy is set to lose its edge in growth, they said.
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.
In 2014, WTI crude oil prices were north of $100 per barrel. Not surprisingly, energy stocks, and in particular oil stocks, were doing pretty well back then. The oil market was left with this massive oversupply glut, and that sent oil prices tumbling.
Blackstone BX is a profitable investment option driven by steady earnings growth and strong liquidity position. Further, the company will continue benefiting from diversified products, revenue mix and rise in assets under management (AUM). Over the past 60 days, the Zacks Consensus Estimate for the current year has been revised 4.1% upward.
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.
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
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.
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.
Tesla’s efforts to ramp up production of its Model 3 electric sedan have gone from “production hell” to “delivery logistics hell”, according to its chief executive Elon Musk. Shares of Tesla (TSLA) plummeted more than 7% after reports that the U.S. Justice Department requested documents related to CEO Elon Musk’s tweet about taking the company private. While investors are concerned about Elon’s behavior, his younger brother, first business partner and perhaps closest ally, Kimbal Musk, is remaining steadfast in his support.
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.
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.
Grant Bughman, senior equity strategist at UBS Asset Management, and Lewis Piantedosi, Eaton Vance director of growth equity, discuss the impact that trade issues can have on the market. Bughman says that if we didn't have this back-and-forth with trad...
Based in Richmond, Dominion Energy (D) is in the Utilities sector, and so far this year, shares have seen a price change of -11.19%. The energy company is paying out a dividend of $0.83 per share at the moment, with a dividend yield of 4.64% compared to the Utility - Electric Power industry's yield of 3.21% and the S&P 500's yield of 1.8%. Over the last 5 years, Dominion Energy has increased its dividend 5 times on a year-over-year basis for an average annual increase of 8.39%.
If you believe the future of the automobile is electric, I don’t think there’s any question you’re wiser to buy Tesla (NASDAQ:TSLA) rather than Exxon Mobil (NYSE:XOM) stock. As I said in the beginning, if you believe in the future of electric and don’t mind above-average risk, there’s no question you ought to consider Tesla stock because someday Musk’s name could be in the dictionary as a synonym for innovation.
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).
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%.
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.
Tesla Inc. could raise funds as soon as this year as Elon Musk’s company ramps up production and prepares for maturing debt, analysts at Morgan Stanley predict. The company, whose stock has slumped 25 percent in the past six weeks amid a string of controversies, could raise $2.5 billion in equity in the fourth quarter from investors that have a strategic interest in its business model, Morgan Stanley analysts including Adam Jonas wrote in a note dated Sept. 18 outlining various possibilities. Musk has repeatedly said Tesla doesn’t need to raise capital as the electric-car maker’s finances improve.
finished Tuesday's trading down $12.60, or 5.5%, after the firm reported earning $3.46 per share in its fiscal first quarter vs. the $3.80 that analysts had expected. "Another year, another messy start," Morgan Stanley equity analyst Ravi Shanker wrote in a note following the earnings release, lamenting the combination of mixed quarterly results but aggressive forward guidance from management. Despite missing first-quarter earnings estimates due to rising wages and tariff concerns, FedEx executives boosted EPS guidance for fiscal-year 2019 as a whole to a range of $17.20-$17.80, up from prior guidance of just $17-$17.60.
Chipmaker Advanced Micro Devices (NASDAQ:AMD) has been on a tear for the past several months, and the stock refuses to cool off. Every day, it seems like analysts are upgrading AMD stock and/or somebody in the media is saying something positive about market share gains.
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.