The Supreme Court’s historic 2015 ruling to legalize same-sex marriage has resulted in a predictable spike in the number of same-sex couples choosing to tie the knot. According to Reuters, the rate of marriage within the LGBTQ community has more than tripled from 8 percent in 2012 to 26 percent in 2016.
Verizon Communications Inc. VZ 1% and its impressive 4.1 percent dividend has been one of the hottest large cap stocks in the market in 2016. Despite the stock’s 19.1 percent year-to-date gain, Argus analyst Joseph Bonner still sees significant upside for the stock following the acquisition of Yahoo! Inc. YHOO 0.86%.
Apple Inc. AAPL 0.12% shares are soared 7 percent Wednesday after the company delivered a huge Q3 earnings beat on Tuesday. It’s been a long three-month journey for Apple to once again breach the $100 level.
One of the most common technical analysis tools that traders use is the simple moving average (SMA). In fact, when you create a stock’s bar chart, the 50-day SMA and the 200-day SMA, two of the most commonly-used SMAs, are often included by default.
For more than two years, the S&P 500 traded between 1,800 and 2,130 before its surprise breakout on July 11. The breakout took many traders by surprise considering it came on the heels of the Brexit vote, which leaves a number of question marks surrounding the European economy. Investors also no longer seem concerned about…
GoPro Inc GPRO 2.92% has had a rough go of it so far in 2016. The latest data from TickerTags suggest that things may be getting even worse.
The latest data from TickerTags suggests Apple Inc. AAPL 0.12%’s iPhone may be starting to lose its social media luster. Apple is expected to report its second consecutive quarter of negative iPhone sales growth after the market close on Tuesday, but Apple shareholders are hoping that the iPhone 7 will renew market interest. Unfortunately, TickerTags…
For most of the past year, the S&P 500 and WTI crude oil prices have traded hand-in-hand. That correlation seems to have broken down since early June. The S&P 500 has surged higher to new highs, while WTI crude prices have pulled back to their lowest level in more than two months.
This week, Apollo Global Management LLC APO 0.82% announced yet another major 2016 buyout, acquiring Coinstar and Redbox operator Outerwall Inc OUTR 0.61% for $1.6 billion. Apollo announced plans to take the company private.
Stifel analyst Paul Westra expects the U.S. economy to fall into a recession within the next three to nine months. In a series of new notes out on Tuesday, he explains why the U.S. economic downturn will be bad news for restaurant stocks.