Looking for a new way to invest your spare cash? Some investors are betting it all on risky business ventures in hopes of a massive payoff.
In this updated daily bar chart of JD, below, we can see that our advice on not being in a rush to buy was either luck or skill. JD has been hit with selling in recent days and is close to making a new low as the potential support in May is breaking. The daily On-Balance-Volume (OBV) line has been in a downtrend since November and tells us that sellers of JD have been more aggressive for several months now.
See: We have $8 million saved for retirement, are in our early 50s and want to retire early, but are worried about healthcare expenses — what can we do? Before you get discouraged or angry, know that there are many, many variables that go into determining if one will be secure in retirement. It’s also important to note that anything can change, and even people who have amassed a million dollars or more for retirement could find themselves in a predicament that forces them to go back to work or adjust their spending.
(Bloomberg) -- Tencent Holdings Ltd. said it was suspending new user registrations for its WeChat services, adding to uncertainty for the technology sector that’s in the midst of a two-day selloff.WeChat, which already has more than 1 billion users, is undergoing a “security technical upgrade” in accordance with relevant laws and regulations, Tencent said in an online statement. It expects to resume new individual user registrations around early August.Investors have fled Tencent and its interne
GE earnings topped views and reported a surprise cash flow. Raytheon also beat. The aviation rivals moved toward buy points.
Shares of General Electric Co. shot up 4.0% in premarket trading Tuesday, after the industrial conglomerate reported second-quarter profit and revenue that beat expectations, and surprisingly generated positive free cash flow. On a net basis, the loss per shares narrowed to 14 cents from 26 cents, while excluding nonrecurring items, GE swung to adjusted earnings per share of 5 cents from a loss of 14 cents to beat the FactSet EPS consensus of 3 cents. Revenue rose 9% to $18.28 billion, above the
After spending $45.5 billion on available spectrum in 2020, there may be a concern that Verizon has taken on too much debt and bet too much on 5G wireless with too little return on the horizon. If Verizon stock is going to break out of its malaise, the company is going to have to show it can add connections at a faster pace, increase revenue growth, and report higher profits that could be used to pay dividends or reduce debt. Verizon recently reported second-quarter financial results, and there was a lot for investors to like.
Snap (NYSE: SNAP) posted a dazzling second quarter report on July 22, and the stock skyrocketed to an all-time high the following day. Snap's revenue and DAUs rose at their fastest rates in four years. For the third quarter, Snap expects its revenue to rise between 58% and 60% year over year and for its adjusted EBITDA to increase between 79% and 114%.
(Bloomberg) -- A deepening selloff in Chinese stocks spread to the bond and currency markets on Tuesday as unverified rumors swirled that U.S. funds are offloading China and Hong Kong assets.The speculation, which included talk that the U.S. may restrict investments in China and Hong Kong, triggered a late afternoon bout of selling by traders in Asia who had already been dumping stocks in the crosshairs of Beijing’s sweeping regulatory crackdowns. The Hang Seng Tech Index plunged as much as 10%
(Bloomberg) -- Intel Corp., playing catch-up in semiconductor technology after losing its long-held dominance, vowed to become the industry leader again in 2025 by rethinking some of the fundamentals of how chips are made, and signed up rival Qualcomm Inc. as a manufacturing customer.Santa Clara, California-based Intel aims to step up innovation and is changing the approach used to measure progress in chip production, arguing that the current system gives competitors Taiwan Semiconductor Manufac
Sales for these companies are expected to increase between 270% and 1,100% over the next four or five years.
What happened Shares of Moderna (NASDAQ: MRNA) slipped 3.7% on Monday as of the market close. The decline appeared to be related to a report in The New York Times that said the U.S. Food and Drug Administration (FDA) requested that COVID-19 vaccine makers expand their clinical trials for children between the ages of five to 11 before seeking emergency use authorization (EUA).
(Bloomberg) -- Beijing’s clampdown on the booming private education industry has shocked even some of the most seasoned China watchers, prompting a rethink of how far Xi Jinping’s Communist Party is willing to go as it tightens its grip on the world’s second-largest economy.The crash in tutoring stocks that began on Friday spread this week across the tech sector and beyond, after authorities confirmed reports they would ban a swathe of the education industry from making profits. It’s the governm
Nvidia chips power a future of self-driving cars and cloud gaming, while the global semiconductor market is in a supply crunch. Is Nvidia stock a good buy now?
Intel Corp. shares declined steadily in the extended session Monday, handing back daily gains, after the chip maker revealed its "road map" and repackaging plans for its future products.
News that the government was suffocating the Chinese education sector weighed on tech stocks as well.
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland break down the market action for Chinese stocks amid the country’s crackdown on tutoring companies.
The electric-vehicle startup is the latest company in the sector to consummate a blank-check merger.
(Bloomberg) -- General Electric Co. climbed as growth in the jet-engine division prompted the company to raise its cash outlook, fueling optimism that improving air travel will give a boost to Chief Executive Officer Larry Culp’s turnaround effort.Free cash flow for industrial operations will be $3.5 billion to $5 billion this year, the company projected Tuesday. Boston-based GE previously forecast $2.5 billion to $4 billion.GE jumped 3.7% to $13.40 before the start of regular trading in New Yor
Fewer microphones for Musk should mean fewer chances to lay potential landmines in Tesla's path.
The tech giant's stock surged to new all-time highs amid heightened investor anticipation of June-quarter earnings. The next iPhone might be the real difference-maker.