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.
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
Helane Becker, senior research analyst at Cowen, examines results from FedEx Corp. and the factors that lead the company to fall short of expectations. She speaks on "Bloomberg Daybreak: Americas." More from Bloomberg.comChina Strikes $60 Billion
"When you look at BABA, they're growing faster than Amazon, and they're priced at one-third the multiple," said Mark Tepper, the Chief Executive Officer (CEO) and president at Strategic Wealth Partners, in an interview with CNBC's Trading Nation on Thursday. Earlier this year, Amazon became the second U.S. corporation to surpass $1 trillion in market capitalization, later pulling back to trade just below $2,000 per share. Tepper views Amazon as wildly more expensive than BABA, which he says is "an unbelievable long-term buying opportunity" right now.
Advanced Micro Devices (AMD) closed the most recent trading day at $32.43, moving -0.98% from the previous trading session. This move lagged the S&P 500's daily loss of 0.56%. Heading into today, shares of the chipmaker had gained 69.27% over the past month, outpacing the Computer and Technology sector's gain of 1.71% and the S&P 500's gain of 2.44% in that time.
Since a judge gave the all-clear to AT&T’s $102 billion acquisition of Time Warner in June, the AT&T team led by CEO Randall Stephenson has started integrating its newly acquired TV networks and film business. Meanwhile, Verizon’s new CEO Hans Vestberg has prioritized investing in the company’s wireless network and downplayed the need for buying media assets. The opposing visions at two companies that used to be quite similar have sparked a debate over whether it’s more advantageous to be a narrowly focused business like Verizon or a conglomerate with control over both distribution and content. What we do know so far is that the spotlight on Time Warner is masking some of the deterioration at other parts of AT&T, specifically the DirecTV satellite operations that it’s owned since mid-2015.
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.
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.
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.
Gilead Sciences (NASDAQ:GILD) stock is stuck in a range and for good reason. Specifically, if drugs in the company’s pipeline come to market, causing the company’s sales growth to accelerate, and its new launches meaningfully improve its results sooner than expected, GILD stock price could reach its old highs. Gilead recently launched Biktarvy, an HIV treatment, after the FDA approved it in February.
Saudi Arabia's Public Investment Fund is investing $1 billion in Lucid Motors, a Tesla rival. The kingdom was previously in talks with Tesla about funding its go-private bid. Tesla slid as much as 2% Monday after Saudi Arabia's public-investment firm announced a $1 billion investment in rival Lucid Motors.
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.
Investors in J. C. Penney Company, Inc. JCP need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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
Shares of Micron MU slipped once again Monday on the back of two significant price cuts from BMO Capital Markets and Deutsche Bank DB. Deutsche and BMO analysts slapped lower 52-week price targets on Micron Monday, citing weakness in the semiconductor firm’s pricing. BMO analyst Ambrish Srivastava slashed his target by 25% to $45 per share, which represented just a 3.2% upside compared to MU’s price of $43.58 following the close of regular trading Monday.
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...
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.
U.S. stocks moved higher in morning trading Tuesday as investors weighed the White House's decision to impose tariffs on another $200 billion of Chinese goods beginning next week. Gains in technology and consumer-focused companies outweighed losses in
Intel Corp.'s ( INTC) stock hasn't had a fabulous 2018. It comes in stark contrast to the declining stock, helping to push Intel's valuation to the lowest levels in years. The stock has been in a multi-month technical downtrend since peaking in mid-June.
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.
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.
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.
The stock outpaced the S&P 500's daily loss of 0.56%. This has outpaced the Auto-Tires-Trucks sector's loss of 0.8% and lagged the S&P 500's gain of 2.44% in that time. F's full-year Zacks Consensus Estimates are calling for earnings of $1.38 per share and revenue of $146.35 billion.
Investor focus on Alibaba (NYSE:BABA) has turned back to its founder, Jack Ma. Whatever the future holds for Alibaba, investors will learn what kind of company Mr. Ma leaves behind and whether BABA stock will remain a desired holding. Where Does BABA Stock Go Without Jack Ma?
Micron Technology Inc. MU is set to report fourth-quarter fiscal 2018 results on Sep 20.Notably, the company beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 5.91%.In the last reported