Archive For The “Latest News” Category
This article was originally published on this site JD.com, Inc. (JD), often considered the Amazon.com, Inc. (AMZN) of China, is showing bullish patterns in its price chart. China’s leading online e-commerce platform got hammered in 2018. Shares plunged over 60%, but 2019 has been a different story. Shares are up 50% thus far. Over the…
This article was originally published on this site Teekay Tankers Ltd. (TNK) shares rose more than 10% during Wednesday’s session after Jefferies upgraded the stock to Buy with a price target of $2.50 per share. Analyst Randy Giveans believes that asset values are starting to reflect the massive increases in charter rates across the shipping…
This article was originally published on this site Despite investor fears that e-commerce giant Amazon.com Inc. (AMZN) would steamroll the retail industry, four big retailers have adapted and are thriving, beating the company in stock performance. While shares of Amazon have gone nowhere over the past 12 months through Tuesday’s close, Walmart Inc. (WMT) is…
This article was originally published on this site Alphabet Inc. (GOOGL, GOOG), the parent company of search engine Google, is the dominant player in internet search and advertising and is scheduled to report Q3 2019 results after the close on Oct. 28. Analysts are expecting Alphabet to report tepid earnings gains on robust revenue growth,…
This article was originally published on this site Video games and electronic sports may be designed with entertainment in mind, but they have also proven themselves to be big business as well. With video game sales increasing at an annual rate of close to 11%, even as similar industries have seen declines, there appears to…
This article was originally published on this site Lyft, Inc. (LYFT) and Uber Technologies, Inc. (UBER) shares charged higher in Tuesday’s session after Lyft co-founders Logan Green and John Zimmer told a tech conference that they expected the ride share disruptor to turn a profit by the fourth quarter of 2021. Wall Street analysts had…
This article was originally published on this site Brazilian stocks have traded 25% higher since far-right leader Jair Bolsonaro was elected president on Oct. 28, 2018, and vowed to stabilize the country’s public finances and restore business confidence. After trading sideways for several months, Brazil’s benchmark Bovespa stock index surged 1.28% Tuesday on news that…
The S&P 500 has initially tried to pull back during the trading session on Wednesday but then turned around to crack at the 3000 level yet again. This is an area that continues to be very difficult to get above, and there is essentially a 25-point range above that continues to cause resistance. Because of…
Advertisement In case anyone has forgotten what a stable housing market looks like, it means fewer bidding wars, and a few more days on the market. It means sellers occasionally having to cut asking prices. It even means buyers who find something wrong during inspection coming back to renegotiate, instead of just eating repair costs…
Tech takes the spotlight Thursday when three big names gear up to report quarterly results: Amazon (AMZN), Twitter (TWTR) and Intel (INTC). Twitter will report earnings ahead of the opening bell. Analysts polled by Bloomberg expect the social media company to report adjusted earnings of 20 cents per share on $875.62 million in revenue during…