Reuters•3 hours agoChina will use trade war with U.S. to replace imports - state media
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.
- MarketWatch•12 hours ago
Here’s why you shouldn’t retire super early — even if you can
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.
- Zacks•13 hours ago
New Strong Buy Stocks for September 18th
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
InvestorPlace•13 hours agoBet on Microsoft Stock Heading Toward $1 Trillion
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%.
- Bloomberg•16 hours ago
Analysts Suspended After Racy Client Party Video Goes Viral
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.
- InvestorPlace•yesterday
New Age Beverages Stock Soars on Coca-Cola Takeover Rumors
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.
- Investopedia•14 hours ago
Top 4 Technology Penny Stocks to Watch
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.
- Yahoo Finance•9 hours ago
Elon Musk's brother Kimbal is personally delivering Tesla Model 3s
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.
InvestorPlace•19 hours agoBuying Bank of America Stock: 3 Pros and 3 Cons
There are a few reasons to consider going long Bank of America (NYSE:BAC) now. Bank of America stock, JPMorgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS) and others are all high-quality names with low valuations. As a result, there are a few pros and cons to owning Bank of America stock right now.
- CNBC Videos•yesterday
Cramer: China's stock market wouldn't be tumbling if the ...
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.
- InvestorPlace•12 hours ago
Nvidia Stock Is Bound to Be the AI Superstar We Knew It Would
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.
- Zacks•14 hours ago
Is Dominion Energy (D) a Good Pick for Income Investors?
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%.
- CNBC Videos•yesterday
If trade issues are resolved, the markets will become muc...
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...
Reuters•11 hours agoSunPower receives exemption from Trump tariffs, shares soar
SunPower is based in San Jose, California but produces most of its solar products in Mexico and the Philippines. The exemption covers SunPower's premium, high-efficiency interdigitated back contact (IBC) cells and modules, which the company argued stood apart from the cheap, commoditized imports that dominate the market and were the target of the tariffs. "With today's decision that SunPower's highly differentiated IBC cells and modules are excluded from tariffs, we are able to turn the page," SunPower Chief Executive Tom Werner said in a statement.
- Zacks•14 hours ago
Top Ranked Income Stocks to Buy for September 18th
Here are three stocks with buy rank and strong income characteristics for investors to consider today, September 18th:PPL Corporation (PPL): This utility holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing
- InvestorPlace•14 hours ago
Investors Won’t Believe the Micron Stock Hype Without Evidence
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.
- MarketWatch•5 hours ago
Microsoft board hikes quarterly dividend by nearly 10%
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.
- InvestorPlace•yesterday
3 Semiconductor Stocks to Buy for the Long Haul
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
- Zacks•14 hours ago
Can Intuitive Surgical (ISRG) Keep the Earnings Surprise Streak Alive?
Instruments industry. When looking at the last two reports, this robotic surgery system company has recorded a strong streak of surpassing earnings estimates. For the last reported quarter, Intuitive Surgical came out with earnings of $2.76 per share versus the Zacks Consensus Estimate of $2.48 per share, representing a surprise of 11.29%.
- Bloomberg•2 days ago
China's Stocks Sink to Lowest Level Seen in $5 Trillion Crash
China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, before a stock boom that turned into a $5 trillion bust.The Shanghai gauge dropped 1.1 percent to 2,651.79 at the close
- Investopedia•18 hours ago
Facebook Stock Seen Falling to 2018 Low
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.
Reuters•19 hours agoChina's yuan down as Beijing, Washington escalate trade row; stimulus hopes boost stocks
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.
- Zacks•14 hours ago
Why U.S. Bancorp (USB) is a Great Dividend Stock
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%.
InvestorPlace•yesterdayMicron Technology: MU Stock Gears Up for Post-Earnings Breakout
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.
InvestorPlace•yesterdayTime To Cash Out Your Chips on AMD Stock
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.
