|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||77.00 - 78.10|
|52 Week Range||69.96 - 84.51|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||N/A|
|Expense Ratio (net)||N/A|
Trade War Subdues Manufacturing PMIs around the WorldManufacturing PMIToday, IHS Markit published its purchasing managers’ indexes or PMIs for May countries around the world. Australia saw the composite PMI rise to 52.2 in May from 50 in April.
IMF Getting Nervous On Economy: Don’t Make Any Sudden Movements The IMF is getting quite wary of the prospects for continued economic growth, and has therefore issued a warning against governments around the world not to engage in petty trade wars, and instead recommended that governments take the economic version of the Hippocratic Oath to […]The post Market Morning: IMF Shivers, Google Delivers, Japan Freezes, Boeing Pleases, Sort Of appeared first on Market Exclusive.
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Central banks As we discussed previously, central banks in developed economies like the US (SPY), Europe (VGK) (VEU), and Japan (EWJ) have adopted a dovish approach. While
National Debt Tops $22 Trillion, Rises $1 Trillion In Less Than a Year All is well with America’s finances, say all the politicians who want to spend a lot of money on programs, especially the Green New Deal, which seeks to outlaw air travel, replace it with high speed rails all across the country, subsidize […]The post Market Morning: Debt Tops $22T, Chevron Stays Put, J&J Gets Esketamine Nod, Trump Upset Again appeared first on Market Exclusive.
May Rejects Corbyn Compromise On Brexit As the week begins, a potential Brexit deal breaks down again. Labor leader Jeremy Corbyn had proposed to support British Prime Minister Theresa May’s soft Brexit plan on the condition that it included a customs union with the European Union, which is essentially what the European Union is anyway, […]The post Market Morning: Brexit Compromise Rejected, US Warships Challenge China, Shutdown Redux appeared first on Market Exclusive.
Will Netflix's Success Continue in 2019?(Continued from Prior Part)Netflix continues to add new subscribers in the United StatesNetflix (NFLX) added 1.5 million paid members in the United States in the fourth quarter of 2018. The company ended the
Will Netflix's Success Continue in 2019?(Continued from Prior Part)Netflix’s free cash flows continue to be negativeNetflix’s (NFLX) negative trend for its free cash flows continued in the fourth quarter. The company posted free cash flows (or
Liquidity in Bond Markets Crimped As Treasury Auctions Crowd Out Corporates Treasury Secretary Steve Mnuchin’s impromptu calls to bank CEOs on Christmas Eve aiming to assuage investors by inadvertently causing panic, may have missed the mark. The real liquidity crunch appears to be not in banks, but in the corporate bond market, funding for which […] The post Market Morning: Corporate Bond Stress, Gold Swoons, Goldman Balks, Trump Says Buy appeared first on Market Exclusive.
Ericsson (ERIC) claims that the global 5G market is experiencing strong momentum. According to Ericsson’s Mobility Report, “In the United States, one of the major communications service providers launched a 5G home internet service at the beginning of October, and all four of the country’s major service providers have publicly announced that they will begin providing 5G services between late 2018 and mid-2019.”
What Can We Expect from Apple in Q4 2018? Apple’s (AAPL) Services segment is an important revenue driver for the company. Emerging markets (EEM) such as China (FXI) and international markets such as Japan (EWJ) have contributed significantly to Apple’s Services segment in terms of revenue growth over the years.
Pot Stocks Get Smoked, Crash Nearly 10% The legal cannabis sector just got smoked, or blazed, but not in a good way. Pot stocks cratered the most in record for a single day, with the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) plummeting 9.5% on volume close to 3x average. On top of it being the worst […] The post Market Morning: Pot Stocks Get Smoked, Bayer Breathing Room, More Tax Cuts, appeared first on Market Exclusive.
So far in this series, we’ve noted that BlackBerry (BB) reported sales of $214.0 million in its second quarter of fiscal 2019. Its GAAP revenues totaled $210.0 million. BlackBerry’s major business segments are Enterprise Software & Services, BlackBerry Technology Solutions (or BTS), and Licensing, IP and Other.
We've all heard that diversification is good for a portfolio. Considering that the U.S. stock market is at record highs, and stocks are about as pricey as they get, investors may want to consider spreading around some of their risk. And Asian stocks might be the best place in the world for that right now. If you want to diversify outside the U.S. market, there's a problem: Most major markets don't look any safer than the U.S. Europe has been underperforming for literally years with no real sign of reversing that trend. Latin America has plenty of problems, not the least of which is the implosion of the Argentinian economy. Africa is a hotbed of unstable stock markets and geopolitical unrest. Fortunately, there are some opportunities in Asia - through domestically traded exchange-traded funds (ETFs) - where local markets are either holding firm or turning the corner into bull markets. Here's a look at four funds to buy to get exposure to Asian stocks and defray your risk a bit. SEE ALSO: Emerging-Markets Stocks: 10 Ways to Play the Next Bull Market
In July, Broadcom (AVGO) announced an agreement to acquire CA Technologies (CA) for an equity value of ~$18.9 billion. The all-cash deal still needs the approval of CA shareholders and antitrust approvals from the European Union (EZU) and Japan (EWJ).
In this series, we’ll discuss three challenges that could continue to make Apple (AAPL) vulnerable: the company’s significant revenue exposure to non-American regions amid tariff woes Apple’s slipping position in the global smartphone market its next modem supplier for iPhones after Qualcomm (QCOM)
Trump Trades Trade Handgun For Trade Grenade, Proposes Raising Tariffs to 25% The trade war just escalated again. Instead of the initially proposed 10% tariff on $200 billion worth in Chinese goods, the Trump Administration, featuring mainly Trump, and maybe some Ross and Navarro, has proposed raising tariffs already imposed on these goods to 25%. […] The post Market Morning: Trade Grenade, Capital Gains Cut, Japanese Yields, Huawei Overtakes Apple appeared first on Market Exclusive.
China’s Shanghai Composite Index lost strength at the end of last week and started this week on a mixed note. On July 31, the Shanghai Composite Index opened lower and gained strength as the day progressed.
Earlier this month, GoPro (GPRO) revealed that it has sold over 30 million HERO cameras since the launch of the first HD model in November 2009. GoPro attributed the sales to product quality, which has made HEROs the best-selling camera in North America for 17 consecutive quarters.
China’s Shanghai Composite Index rose at the beginning of last week but trimmed some of the gains by the end of the week. On Monday, the Shanghai Composite Index opened the day lower and closed the day with limited losses.
China’s Shanghai Composite Index started this week on a stronger note and gained in the first two trading days. However, the market lost strength as the week progressed amid the weak market sentiment. On July 27, the Shanghai Composite Index opened the day lower and maintained the mixed sentiment throughout the day. Market sentiment
China’s Shanghai Composite Index pulled back on Wednesday and broke the three-day gaining streak. On July 26, the Shanghai Composite Index opened the day on a mixed note and declined as the day progressed.
After trading with mixed sentiment last week, China’s Shanghai Composite Index started this week on a stronger note and moved higher as the week progressed. On July 25, the Shanghai Composite Index opened the day higher but closed the day almost flat.
China’s Shanghai Composite Index regained strength at the end of last week and closed the week almost flat. Carrying forward the strength, the Shanghai Composite Index started this week on a stronger note by closing higher on Monday. On July 24, the Shanghai Composite Index opened the day higher and rose to one-month high price levels.
According to a report provided by Markit Economics, the Japan Services PMI rose in June compared to May. It was 51.4 in June compared to 51 in May. It beat the market expectation of 51.2.
Japan’s manufacturing PMI (purchasing managers’ index) witnessed a marginal improvement in its manufacturing activity in June compared to May. It stood at 53.0 in June compared to 52.8 in May. The PMI figure didn’t meet the preliminary market estimation of 53.1.