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MARKETS: Amazon's trillion dollar question put to rest

From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Stephanie Sy to break down the latest market moves.

  • Business
    Reuters

    RCom looks to real estate assets, Jio deal to pay Ericsson dues

    Business tycoon Anil Ambani is planning to use a payment from his brother's company and the sale of real estate assets to pay what he owes to Sweden's Ericsson following a court ruling this week, a source familiar with the matter said. India's Supreme Court on Wednesday ordered Ambani's Reliance Communications Ltd and two of its directors to pay Ericsson 4.5 billion rupees ($63.30 million) within four weeks or face a three-month jail term for contempt of court. RCom owes a total 5.71 billion rupees to the Swedish telecoms equipment maker, including a one-time settlement of 5.5 billion rupees and interest payments of 210 million rupees.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of CLIR earnings conference call or presentation 20-Feb-19 10:00pm GMT

    ClearSign Combustion Corporation - Chairman & Interim CEO Presentation Operator [1]

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of ORE.AX earnings conference call or presentation 22-Feb-19 12:30am GMT

    With regards to the current quarter, we -- as announced in the month of December, we continue to see the same trend in market prices with an average price that we expect around $9,000 per tonne for the first quarter of the year, and as we announced last Monday on the back of the strong rains in the area for the first few months -- of the months of -- for the first 2 weeks of February, we expect the production of the fiscal year of 2019 to be very similar to what it was in 2018. With regards to the Orocobre Group, the net profit for the period was $24 million, including income tax recovery, which Neil will explain shortly.

  • Stamps.com stock crashes after dropping USPS
    Business
    Yahoo Finance Video

    Stamps.com stock crashes after dropping USPS

    Stamps.com stock crashes after the company revoked the exclusivity requirement of its deal with the United States Postal Service, spurring the end of the partnership.

  • Why iQIYI's Stock Jumped 23% Higher Today
    Business
    Motley Fool

    Why iQIYI's Stock Jumped 23% Higher Today

    Your average analyst would have settled for a net loss of $0.71 per share on sales near $983 million. Looking ahead, management expects first-quarter revenue to land near $995 million. Here, the current analyst view stops at $973 million.

  • Here's The Latest Marijuana Stock To Trade On The NYSE
    Business
    Investor's Business Daily

    Here's The Latest Marijuana Stock To Trade On The NYSE

    Canadian pot producer CannTrust will begin trading on the New York Stock Exchange on Monday, joining other Canadian marijuana stocks that listed on U.S. exchanges last year in an effort to attract more investors. CannTrust stock will trade under the ticker CTST in the U.S. Shares of the company will continue to trade on the Toronto Stock Exchange. In Canada, CannTrust stock peaked before legalization, sold off, then rebounded.

  • Gold Weekly Price Forecast – Gold markets run into resistance
    Business
    FX Empire

    Gold Weekly Price Forecast – Gold markets run into resistance

    Gold markets shot higher during the trading sessions that make up the week overall, but then pulled back significantly to give back most of the gains. The shooting star of course is a negative sign, but I also recognize that the pair of hammers underneath should continue to support this market. The $1350 level above should be massive resistance, so if we can break above there on a weekly close, then the market should continue to go towards the $1400 level.

  • Philip Morris (PM) Outpaces Stock Market Gains: What You Should Know
    Business
    Zacks

    Philip Morris (PM) Outpaces Stock Market Gains: What You Should Know

    Philip Morris (PM) closed the most recent trading day at $87.15, moving +1.83% from the previous trading session. This change outpaced the S&P 500's 0.64% gain on the day. Heading into today, shares of the seller of Marlboro and other cigarette brands had gained 19.61% over the past month, outpacing the Consumer Staples sector's gain of 5.3% and the S&P 500's gain of 4.16% in that time.

  • 'Father of Reaganomics' says 'get out of the market' — bond and stock market — 'and put your money in cash'
    Business
    MarketWatch

    'Father of Reaganomics' says 'get out of the market' — bond and stock market — 'and put your money in cash'

    The Dow Jones Industrial Average (DJIA)is up 19.4% since that time, breaking above a psychologically significant at 26,000 level on Friday, while the S&P 500 index (SPX) has advanced 19.5%, the Nasdaq Composite Index (COMP) has risen 22.4% and the small-capitalization focused Russell 2000 index has returned more than 25%, according to FactSet data. Much of that gain has been underpinned by a Fed that has signaled that it is likely to slow a reduction of its $4 trillion balance sheet as soon as this year and a willingness to wait before increasing borrowing costs further. Both of those plans had been cited as a source of friction for markets.

  • Why BioTelemetry Stock Plunged Today
    Business
    Motley Fool

    Why BioTelemetry Stock Plunged Today

    So what Revenue in the fourth quarter was $103.6 million, which translated into non-GAAP net income of $20.1 million, or $0.56 per share. Analysts had been modeling for $103 million in sales and an adjusted profit of $0.42 per share. On a GAAP basis, net income was $10.4 million, or $0.29 per share.

  • Intel Upgraded, Broadcom Downgraded As Analysts Rethink Chip Stocks
    Business
    Investor's Business Daily

    Intel Upgraded, Broadcom Downgraded As Analysts Rethink Chip Stocks

    Chipmaker Intel (INTC) received a stock rating upgrade on Friday, while industry peer Broadcom (AVGO) got a downgrade. Intel stock gapped up on the news, while Broadcom stock sank. ibd-display-video id="4272916" width="50" float="left" top="false" /] Morgan Stanley upgraded Intel stock to overweight from equal weight.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of ETR earnings conference call or presentation 20-Feb-19 4:00pm GMT

    Entergy Corporation - Executive VP & CFO * David Borde Entergy Corporation - VP of IR

  • Could The Zuora, Inc. (NYSE:ZUO) Ownership Structure Tell Us Something Useful?
    Business
    Simply Wall St.

    Could The Zuora, Inc. (NYSE:ZUO) Ownership Structure Tell Us Something Useful?

    Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about ZUO. What Does The Institutional Ownership Tell Us About Zuora?

  • The Trade Desk Delivers Another Monster Quarter
    Business
    Motley Fool

    The Trade Desk Delivers Another Monster Quarter

    Shares of The Trade Desk (NASDAQ: TTD) are closing out the trading week hitting fresh all-time highs, blasting skyward on Friday after posting better-than-expected fourth-quarter results shortly after Thursday's market close. The Trade Desk has been one of the market's hottest stocks, more than quadrupling since the start of last year. The Trade Desk was eyeing just 43% in top-line growth -- $147 million -- for the period.

  • Call of the day: Berkshire Hathaway profit expectation slashed after Kraft Heinz stock crash
    U.S.
    Yahoo Finance Video

    Call of the day: Berkshire Hathaway profit expectation slashed after Kraft Heinz stock crash

    Berkshire Hathaway profit expectation was slashed following Kraft Heinz stock crash. Yahoo Finance's Jen Rogers, Myles Udland and Julia La Roche discuss in the call of the day.

  • Snapchat is in the middle of an identity crisis
    Business
    Engadget

    Snapchat is in the middle of an identity crisis

    There was a time a year or so ago when, if a friend wanted to send me a meme or a funny selfie, it would be on Snapchat. Meanwhile, Instagram has grown so fast over the past two years that its Stories feature alone is much bigger than Snapchat, with more than 500 million daily users. The company wants to reinvent itself by trying a bunch of different things, like augmented reality shopping, being more open and and teaming up with brands such as Nike on AR workshops.

  • Why Roku's Stock Soared 23% Today
    Business
    Motley Fool

    Why Roku's Stock Soared 23% Today

    What happened Shares of home entertainment specialist Roku (NASDAQ: ROKU) surged as much as 23% on Friday thanks to a strong fourth-quarter report. The stock pulled back to a slightly milder 22% gain as of 2 p.m. EST.

  • Intel, Pfizer Lead Dow Jones Rally; 3 Stocks Explode Higher On Earnings
    Business
    Investor's Business Daily

    Intel, Pfizer Lead Dow Jones Rally; 3 Stocks Explode Higher On Earnings

    The Dow Jones today and other major stock indexes were poised to end the week on a high note amid another round of bullish earnings reports. Intel stock and Pfizer stock were top gainers in the Dow Jones today. In afternoon trading, the Dow Jones industrials, S&P 500 and Nasdaq composite showed gains ranging from 0.5% to 0.7%.

  • Here's Why Karyopharm Therapeutics Is Getting Hammered Today
    Business
    Motley Fool

    Here's Why Karyopharm Therapeutics Is Getting Hammered Today

    Shares of Karyopharm Therapeutics (NASDAQ: KPTI), a precommercial biopharmaceutical company, are plummeting in response to briefing documents released by the Food and Drug Administration ahead of an advisory committee meeting. Karyopharm Therapeutics convinced the FDA to grant a priority review for selinexor, but the agency insisted on an advisory committee meeting to discuss the application with independent experts in a public setting first. During the 123-patient Storm study, 25.4% of patients showed a response to treatment with selinexor plus chemo, which isn't a whole lot better than you'd expect from this group when treated with the same dose of chemo on its own.

  • Why Appian Is Nosediving Today
    Business
    Motley Fool

    Why Appian Is Nosediving Today

    This was much better than the $55.8 million that Wall Street was expecting and also beat management's guidance. The subscription revenue retention rate was 117%. Non-GAAP net loss was $9.1 million, or $0.14 per share.

  • Why CAI International Stock Dropped 15% Today
    Business
    Motley Fool

    Why CAI International Stock Dropped 15% Today

    CAI International (NYSE: CAI), a transportation finance and logistics company, saw its stock plummet Thursday morning, leaving it down 15.1% as of 12:05 p.m. EST. On Wednesday night, CAI reported Q4 earnings that fell far short of Wall Street expectations. Analysts had been looking for CAI to report profits of $1.07 per share on sales of $121.2 million. CAI International, which provides shipping containers among other services, disappointed investors in the fourth quarter.

  • Oops! Canopy Growth Misreported a Key Number -- Here's What You Need to Know
    Business
    Motley Fool

    Oops! Canopy Growth Misreported a Key Number -- Here's What You Need to Know

    You probably thought that all the numbers were in when Canopy Growth (NYSE: CGC) shared its fiscal 2019 third-quarter earnings results last week. Canopy Growth announced on Thursday that it had filed an amended and restated Management Discussion and Analysis (MD&A) report for Q3. In the original MD&A report submitted on Feb. 15, Canopy stated that its adjusted EBITDA loss for the nine months ending was a little over 69 million in Canadian dollars (around US$52 million).

  • Why Casa Systems Stock Got Crushed Today
    Business
    Motley Fool

    Why Casa Systems Stock Got Crushed Today

    Both top- and bottom-line results beat the Street's expectations of $65.9 million in sales and an adjusted profit of $0.15 per share. Gross margin was 73.2% and adjusted EBITDA was $21.6 million. Casa's board also authorized a $75 million stock repurchase program.

  • Why Apyx Medical Shares Got Slammed Today
    Business
    Motley Fool

    Why Apyx Medical Shares Got Slammed Today

    What happened In response to being on the receiving end of a short-seller report, Apyx Medical (NASDAQ: APYX), a medical device company focused on cosmetic surgery, saw its shares drop 25% as of the market close on Thursday. So what White Diamond Research, an investment consulting firm, published a bearish report about Apyx Medical. As you'd expect, the report makes a number of claims about the company's business practices, products, and management team that are less than flattering.

  • Elon Musk takes out gigantic mortgages on 5 California mansions
    Business
    American City Business Journals

    Elon Musk takes out gigantic mortgages on 5 California mansions

    Elon Musk, one of the country's wealthiest individuals, has taken out $61 million in mortgages on five luxurious mansions in California. Bloomberg reported that the loans, financed through Morgan Stanley (NYSE: MS), are for homes located in the Bel Air neighborhood of Los Angeles (four) and one in Hillsborough, in the Bay Area. Why did Musk, chief executive of Tesla Inc. (NASDAQ: TSLA), SpaceX and Boring Co. and whose net worth is estimated at $23.4 billion, need to take out mortgages for his mansions at the end of last year?