Federal Home Loan Mortgage Corp FMCC 1.32% and Federal National Mortgage Association FNMA shares caught fire Thursday, jumping more than 11 percent each after a new letter to Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency director Mel Watt demonstrated that Congress hasn’t forgotten about Fannie Mae and Freddie Mac.
Semiconductor and memory stock valuations have gotten a bit extended in the past couple of years, and the semi-cap equipment market may be on the brink of a deceleration in 2018. But despite these hurdles, KeyBanc analyst Weston Twigg says there are plenty of good reasons to be buying semiconductor and memory stocks.
Chinese regulators have shut down bitcoin exchanges, leaving the future of digital currencies in China up in the air and sending the price of bitcoin and ether tumbling. On Thursday, China Business News and 21st Century Economic Report both reported that regulators verbally instructed Chinese exchanges to shut down. BTC China later tweeted that it…
It’s been a rough month for bitcoin investors. The price of a bitcoin dropped another 7 percent Thursday after one of the biggest Chinese exchanges is closing its doors. On Thursday, BTC China tweeted that it will cease operations at the end of the month as the Chinese government ramps up its crackdown on cryptocurrencies.
Sometimes a stock has such explosive potential that all it needs is one spark to set off major fireworks. On Aug. 18, an article written by Barron’s tech trader Tiernan Ray was just the spark artificial intelligence IPO Veritone Inc VERI 4.8% needed.
FIS Astec Analytics has released its latest weekly list of the most popular stocks among short sellers.
The incredible run in semiconductor stocks has continued in 2017, with the VanEck Vectors Semiconductor ETF SMH 0.41% once again more than doubling the overall return of the S&P 500. On Tuesday, Goldman Sachs’ research team took inventory of where top semiconductor stocks stand after another hot year.
Tuesday was a big day for Apple Inc. AAPL 0.98% and its shareholders. The company unveiled its highly-anticipated 10-year anniversary iPhone 8 and iPhone X models, devices mostly responsible for Apple stock’s nearly 40 percent gain year-to-date.
The recent massive security breach at Equifax Inc. EFX 6.91%exposed sensitive financial information of roughly half of the entire population of the United States. Equifax is one the three major for-profit companies that compile financial information to provide reports on consumer credit worthiness to lenders and other financial institutions.
Health Insurance Innovations Inc HIIQ 0.23%‘s stock plummeted 21 percent Monday after MOX Reports published an article suggesting the company could be facing fraud penalties in excess of $100 million. The short seller claimed there are 42 state investigations into Health Insurance Innovations’ sales practices, noted its inability to obtain licensure in the state of Florida and alleged…