The S&P 500 dipped on Tuesday as investors took profits from a year-end rally powered by trade optimism and an improving global outlook, which put the benchmark index on track for its biggest annual percentage gain since 2013.
Pot stocks are on fire today …read more […]
The clock is ticking down on 2019, and you know what that means: It’s time for Wall Street analysts to tempt fate, clamber out on limbs, and make predictions about what will happen in 2020.Unable to overcome the temptation, Rosenblatt internet analyst Mark Zgutowicz joined the parade of prognosticators, with a few predictions about Facebook, Spotify, and Shopify, too. Here’s what he had to say:Facebook (FB)2019 saw presidential candidates Elizabeth Warren and Bernie Sanders (and even Facebook co-founder Chris Hughes) publicly call for breaking up Facebook to reduce its monopoly power in social networking — but Zgutowicz doesn’t think it …read more […]
The U.S. dollar index recorded its smallest-ever annual move in 2019, up just 0.24% for the year after a drop in December reversed early gains as trade hopes and investor confidence diminished demand for the safe-haven asset.
Rick Calder has been the CEO of GTT Communications, Inc. (NYSE:GTT) since 2007. First, this article will compare CEO… …read more […]
It’s hard to believe there are only a handful of hours left in 2019.
And what a year it’s been!
Over the past several weeks, my focus has been on helping investors position themselves for the biggest possible gains in 2020.
And we’re seeing this pay off.
In mid-November, I wrote about 10 small caps expected to see revenue grow at least 100% in 2020. Even though Sage Therapeutics (Nasdaq: SAGE) has buckled and Tellurian (Nasdaq: TELL) has slipped since then, the rest have gained…
In fact, GSX Techedu (NYSE: GSX) has broken out, surging 50% and setting new 52-week highs!
But those aren’t the only …read more […]
2019 has been a disastrous year for Venezuela and the PDVSA, but in the last couple of months, the Maduro regime has managed to reverse the ongoing decline in oil production …read more […]
A federal judge rejected Tesla Inc’s effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racial hostility, clearing the way for a possible trial.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be… …read more […]
Wall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and an improving global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013.
Hudson’s Bay Co Chairman Richard Baker and his partners have approached the retailer’s minority stockholders, including bidding rival Catalyst Capital, to potentially raise their take-private bid, a source familiar with the matter said on Tuesday.
When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]
In this article we are going to estimate the intrinsic value of Roku, Inc. (NASDAQ:ROKU) by taking the expected future… …read more […]
Ousted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial.
Chinese EV maker needs a rescue package Continue reading… …read more […]
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