|Bid||33.80 x 800|
|Ask||34.02 x 800|
|Day's Range||33.95 - 34.46|
|52 Week Range||32.85 - 46.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 16, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.16|
After the close on Friday, S&P Dow Jones Indices was poised to reorganize several of its sectors and relaunch its telecommunications index as a new communication services sector. Of the S&P technology sector's (.SPLRCT) 10 biggest percentage decliners of the day on Friday, three were companies that are joining the new communication sector. Twitter (TWTR.N) was the biggest loser, with a 4.5 percent drop, while Facebook (FB.O) was the fourth-biggest decliner, with a 1.9 percent drop, and Alphabet (GOOGL.O) saw the seventh-biggest loss, with a 1.6 percent drop.
The fading cryptocurrency craze and the underwhelming financial performance of the company’s retail division have kept investors worried. Cryptocurrencies have always been looked at with skepticism by regulatory authorities due to security risks. Overstock is looking to divest its online retail operations to become a blockchain-focused company along with its subsidiaries tZero and Medici Ventures.
Over 40 years ago, while at Northwestern’s Medill School, I insisted to my teachers that journalists would prosper in the coming online age. Today, 20 years later, the print news industry is dead, the broadcast news industry is moribund and the internet news industry still doesn’t have a business model. The business model of journalism is to aggregate groups of people based on their location, industry or lifestyle, then sell access to them at a premium price.
Summer isn't even over yet -- technically, autumn starts on Saturday -- but already retailers are getting us revved up for the holidays with cheerful spreads of toys and décor on display. You know in your heart it's an expensive time of year. And if you haven't budgeted for it, those costs will eat into your usual monthly expenses or, worse, add to your credit card debt. What to do? There are plenty of legitimate moneymaking opportunities for you to capitalize on at your convenience as 2018 winds down. If you can squeeze in a side hustle, some major retailers right now are offering generous incentives to lure seasonal workers. But there are other ways of making a quick buck, some also dangling the possibility of consistent streams of income beyond the holidays. Find out which cash-generating ideas will help you fatten your wallet by Black Friday. By how much depends on your level of motivation, but an extra $1,000 is within reach if you try one or more of these fast ways to make extra cash. SEE ALSO: 70 Valuable Things You Can Get for Free
E-commerce platform eBay Inc (NASDAQ: EBAY ) is bringing customer service closer to home. New US Jobs Created The online auction site announced Thursday that it's debuting a new work-from-home program, ...
As reported on its website on September 13, Nokia (NOK) is planning to sell the majority of its IP video business to Volaris. Volaris expects to launch an independent business within its organization that would house the video assets being acquired from Nokia.
The Bellevue startup raised $39 million last month as part of a $150 million round to ramp up hiring and take on competitors eBay and Craigslist.
The fiscal first quarter was a mixed bag for FedEx (NYSE:FDX), with FedEx stock off 3.9% in afternoon trading. There was strength across the main three units of FedEx’s business. As for FedEx Ground, there was a 13% increase and FedEx Freight posted a gain of 18%.
After a fairytale inaugural season, the Vegas Golden Knights are the most in-demand team for the second year in a row, propelled by a fervent fan base and a record-setting Stanley Cup run. The Golden Knights outsell the Toronto Maple Leafs, StubHub's second top-selling team, by 27% and this year marks the first time a team has been at the top of the list for two consecutive years since the Chicago Blackhawks claimed the top spot for the 2014, 2015 and 2016 season starts.
Why are the analysts bullish? About 56.0% of the nine analysts covering Etsy (ETSY) stock recommended a “buy” as of September 13. Another 33% of analysts recommended “hold” on the stock, and the remaining 11% analysts rated it as a “sell.” Analysts are bullish for Etsy, as the company’s strategic efforts are heading in a positive direction. There have been two price changes for the stock in the last 30 days.
PayPal Holdings (PYPL) has recently been upgraded by an analyst at KeyBanc Capital Markets for the company’s new Venmo debit card. On September 11, KeyBanc analyst John Beck raised the price target on PayPal stock to $105 from $100. PayPal’s Venmo is one of the most widely used mobile apps for P2P payments in the United States.
An online retailer of handcrafted goods, Etsy’s (ETSY) stock price has risen 147.2% this year to $50.55 on September 13. Etsy has held its ground despite Amazon’s entry into the crafts space. Among Etsy’s peers, Shopify (SHOP) is up 54.0% to $155.50 YTD (year-to-date) as of September 13, while Wayfair (W) is up 84.4% to $148.08.
Yandex (YNDX) is on track to launch its Yandex.Music service in Israel in the coming weeks, the Times of Israel has reported. The move could see Yandex match its competitor Spotify (SPOT), which launched its streaming music service in Israel in March. With over 180 million listeners, Spotify runs the world’s largest online music service.
Tencent (TCEHY) exited the second quarter with $5.2 billion in net debt compared to its net cash of $3.1 billion a year ago. While Tencent’s balance sheet position has shifted from net cash a year ago to net debt recently, it all appears to be for good reason. The company has stepped up its game in making strategic investments.
PayPal’s (PYPL) FundsNow program allows businesses to access their sales funds instantly instead of waiting for days or weeks, as has been typical over the years. Instant access to funds could allow borrowers to settle their PayPal loans faster. PayPal could end up facilitating more loans in a year than it did before it launched the FundsNow program.
EBAY continued weak into early August but it has found buying in the $34-$33 area, above the Point and Figure target in the $31-$30 area. In this updated daily bar chart of EBAY, below, we can see the early basing action on the chart from early August. The daily On-Balance-Volume (OBV) line has broken its decline from April and tells us that buyers of EBAY have become more aggressive.
Fintech cuts a wide swath, covering the digital, online and network-based tools and services used by banks, brokerages and other financial institutions. But while it is, by its very nature, technology, the best fintech stocks span the gamut from young to old - even long-established credit-card companies such as Visa (V) and Mastercard (MA) fit under the "fintech" umbrella. Some fintech tools provide customers more convenient banking and financial services. Other companies in the space allow banks to simplify compliance, recordkeeping and myriad mission-critical, everyday and other functions. In general, fintech is good for everyone: Financial institutions can lower their costs (and boost earnings), and customers enjoy better, faster, cheaper financial services. Many financial institutions finally are more profitable than in the years leading up to the financial crisis. With stronger earnings, aided by corporate tax cuts and an improved economy, banks are increasing their spending on technology. This, as well as other drivers, are boosting the earnings of these five fintech stocks - and setting the stage for further growth. SEE ALSO: The 25 Best Stocks to Buy (According to Hedge Funds)
Intuit (INTU) plans to repurchase up to $3.2 billion worth of its shares. The Intuit board thinks shareholders deserve more, so the board has authorized an additional $2.0 billion for share repurchases, meaning Intuit has $3.2 billion in all to return to shareholders by way of buying back shares. Intuit made a profit of $1.2 billion in fiscal 2018 and ended the period with $1.5 billion in cash.
Shopify (SHOP) has redesigned its app store to make it easier for merchants to discover and install apps they can use to make more sales and generate more profits. Shopify decided on the need for the app store redesign after it noted that 85% of its merchants rely on apps to run their online stores. Running an online marketplace such as Shopify is big business.
Microsoft (MSFT) is holding a Surface event next month in New York City. Surface is the brand name of Microsoft’s premium line of tablets, laptops, and desktop devices. The company is expected to unveil Surface devices at the upcoming event.
The move could potentially help eBay. Verifying the authenticity of luxury watches that appear on the site could help eBay avoid those risks and give customers some peace of mind while shopping on eBay.