Fears over the global impact of China’s weakening economy have triggered a horrendous start to 2016 for U.S. stocks. While many stocks are indirectly impacted by China, the fate of MGM Resorts International (MGM) stock is directly tied to China’s Macau gaming market.
After its January swoon and miserable earnings report, Apple Inc. (AAPL) stock is now down about 17% in the past year. It’s been hard for shareholders to watch AAPL stock fall while high-growth tech rivals Alphabet Inc (GOOGL, GOOG), Amazon.com, Inc. (AMZN) andNetflix, Inc. (NFLX) have all logged 35-90% gains during the same stretch.
In the face of persistent pricing weakness, Credit Suisse is the latest firm to lower its crude oil pricing forecast for 2016 and beyond.
The latest client flow data from Bank of America unveils some unique trends happening in the volatile market. In a new report, analyst Jill Carey breaks down the flow data and what it means for traders.
In a new report, UBS analyst Colin Langan takes a closer look at the bearish trading in the auto industry so far in 2016. According to Langan, most names in the space have already priced in the most bearish potential outcome.
This week’s $14 billion merger between Johnson Controls Inc JCI 1.34% and Tyco International demonstrates that there are certainly still large M&A deals happening in the face of the global economic uncertainty that has produced a shaky opening month for markets in 2016.
In a new post, Slope of Hope contributor Tim Knight points out why he believes Apple Inc. AAPL 0.72% is headed lower following this week’s Q4 earnings report and could eventually dip below $75.
Expectations for the world’s largest public company seem to be relatively low for Apple Inc. AAPL 0.72% standards heading into the company’s Q4 earnings report.
With Apple Inc. AAPL 0.72% set to release Q4 earnings this week, there’s been a growing level of concern in the market about the company’s short-term technical breakdown.
Johnson Controls Inc JCI 1.34% and Tyco International PLC have announced a mega merger that, upon completion, would save the combined company at least $150 million per year on taxes and at least $500 million per year in costs over the first three years.