Advanced Micro Devices (NASDAQ:AMD) is a momentum stock for the ages. Since carving out a low of $9.04 on April 4, AMD stock has risen an astronomic 254%. While still a far cry from the insanity of Tilray (NASDAQ:TLRY) stock’s rocket ship ride, Advanced Micro Devices deserves your attention.
Libby Leffler, a former Facebook executive and Google employee, is now the vice president of membership at SoFi. Leffler said she always expects job candidates to negotiate their job offer because it shows how they'll behave once they get hired. Negotiating a job offer is a notoriously harrowing process, especially if you've never done it before and assume the world will explode if you request a dollar more.
Shares of General Electric are falling Thursday, after (JPM)warned of another potential pitfall ahead, related to its gas turbines. Where we’re headed: JPMorgan argues that the shares could fall to $10. Today, GE is falling again, this time after JPMorgan cut its price target on the shares to $10.
Robinhood, the no-fee stock trading app, has been one of the bigger success stories in the fintech space, but the startup is facing problems handling an even hotter trend: the cannabis industry. According to Business Insider, Robinhood notified its users Wednesday morning that it suspended new purchases of shares in Aurora Cannabis, a Canadian marijuana producer listed on the Toronto Stock Exchange. Aurora shares are also available to trade in the U.S. on the over-the-counter market under the ticker ACBFF.
The first private equity firm focused exclusively on the cannabis industry has spawned three billionaires.Brendan Kennedy, Michael Blue and Christian Groh founded Seattle-based Privateer Holdings Inc. in May 2010 and the firm later invested in Canadian
Nine of the 11 major S&P sectors were higher, and the Dow Industrials, which had lagged the Nasdaq and the S&P, quickly moved back into record territory in morning trade. "The new record territories for the Dow and the S&P are fueled by lesser trade worries and just general enthusiasm about the economy," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. At 11:28 a.m. ET the Dow Jones Industrial Average was up 234.42 points, or 0.89 percent, at 26,640.18, the S&P 500 was up 19.10 points, or 0.66 percent, at 2,927.05 and the Nasdaq Composite was up 64.81 points, or 0.82 percent, at 8,014.84.
Sep.19 -- For U.S. marijuana company Tilray, it was double - then nothing. The stock rocketed 94% on CEO Brendan Kennedy's comments, only to see all that gain go up in smoke less than an hour later. Ramy Inocencio explains the highs, lows and last-minute 40% rebound on "Bloomberg Daybreak: Asia."
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. Many of these stocks also maintain a dividend yield above the S&P average of 1.9%. Such dividend stocks will likely not appeal to growth-oriented investors.
Other companies scheduled to report earnings include Thor Industries (THO), Steelcase (SCS), and Darden Restaurants (DRI). Speakers include BlackRock CEO Larry Fink, Chairman of the Council of Economic Advisers Kevin Hassett, former FDIC chair Sheila Bair, Home Depot co-founder Ken Langone, Zillow CEO Spencer Rascoff, and Tinder CEO Elie Seidman, among others.
L Brands, Inc. (LB) continues to struggle as its brands are off trend. This Zacks Rank #5 (Strong Sell) is near 5-year lows.L Brands operates 3,084 stores in the United States, Canada, the United Kingdom and Greater China. Its brands include Victoria'
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology
Traders of Micron Technology Inc. stock options are ready for a bigger-than-usual move in the stock, in either direction, after the memory chip company reports earnings after Thursday’s closing bell. The stock (MU)rallied 2.7% in midday trade Thursday, but has tumbled 12% just this month, while a popular chip maker index, the PHLX Semiconductor Index (SOX) has slipped 1% in September, while the S&P 500 index (SPX)has inched up 0.9%. Don’t miss: Micron earnings: After a quarter of debate, how bad has the memory market gotten?
The problem was discovered a few weeks ago on turbine blades in a natural gas-fueled turbine, known as the 7HA, operated by Exelon Corp in Texas, GE told Reuters. "We expect the same issue will impact other HA units," GE spokesman Chris Shigas said in an email. GE expects Exelon's turbine to return to service soon, and is working with customers "to address any impacted unit," Shigas said.
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.
Morgan Stanley says the gaming performance of Nvidia’s latest graphics card is below its expectations. “As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for,” analyst Joseph Moore says. Morgan Stanley says the gaming performance of Nvidia's NVDA latest graphics card is below its expectations.
Despite its controversies, Ticketmaster-parent Live Nation Entertainment Inc. has been a winning stock over the past few years. The very things that make the company controversial — high ticket fees and a stronghold on event venues — have helped the company deliver impressive results quarter after quarter. Eventbrite Inc. (EB) priced its initial public offering at $23, the high end of its $21 to $23 range, selling 10 million shares to raise $230 million.
Tesla Inc. shares relinquished earlier gains and fell more than 5% on Tuesday after a report said the Silicon Valley car maker was under criminal investigation for Chief Executive Elon Musk’s going-private tweet. Tesla did not immediately comment and a Justice Department spokesperson declined to comment, the report said. Tesla has not received a subpoena, a request for testimony, or any formal process, it said.
Of these, easily the most exciting for certain niche chipmakers is the Internet of Things. For those that don’t know, the Internet of Things is the growing world of interconnected household and industrial devices. Everyday products and machines can now be embedded with sensor technology to process data or interact with other electronic devices.
Agribusiness company Monsanto has asked a San Francisco judge to throw out a jury's $289 million award to a former school groundskeeper who said the company's Roundup weed killer left him dying of cancer. DeWayne Johnson failed to prove that Roundup or similar herbicides caused his non-Hodgkin's lymphoma, and presented no evidence that Monsanto executives were malicious in marketing Roundup, attorneys for Monsanto said in court documents filed late Tuesday. Johnson's lawsuit is among hundreds alleging Roundup caused cancer, but it was the first one to go to trial.
Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” -- when futures and options on indexes and individual stocks expire.
Advanced Micro Devices AMD shares are shaping up to be one of the top gainers this year with a year-to-date return of over 210%. Most of this success story is based on its rivalry with Intel INTC, a company it seems to be beating with its new product
Baidu, Alibaba and Tencent — the BATs — have seen over a collective $168 billion wiped off their valuation. Alibaba shares are down over 11 percent year-to-date, Tencent has plunged 22.4 percent, while Baidu is off more than 6 percent. The China-U.S. trade war, concerns over valuation and a regulatory crackdown from Beijing have hit the BATs hard.
Shares of Micron MU dipped 0.60% during regular trading hours Wednesday, one day before the firm is set to release its fourth-quarter financial results. The Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change.
JPMorgan’s JPM board of directors has announced a 42.9% hike in its quarterly dividend. The hike comes as part of the company’s 2018 capital plan which was approved by the Federal Reserve this June. Additionally, JPMorgan’s capital plan includes authorization to repurchase $20.7 billion worth of shares, through the second quarter of 2019.