U.S.-listed Russian exchange-traded funds experienced some elevated volatility this week as former FBI director James Comey testified in front of the Senate Intelligence Committee. The Trump administration’s potential ties to Russia are still under investigation, but U.S. investors are more concerned with whether or not the sell-off in Russian stocks this year offers a compelling long-term investment…
Alibaba Group Holding Ltd (ticker: BABA) investors got some great news on Thursday morning after the Chinese e-commerce giant issued fiscal 2018 revenue guidance that handily topped consensus analyst expectations. At the company’s investor conference, Alibaba CFO Maggie Wu says the company is anticipating revenue growth between 45 and 49 percent in fiscal 2018, well above analyst forecasts…
The stocks of soda giants PepsiCo, Inc. (ticker: PEP) and The Coca-Cola Co (KO) may be going flat.
On Tuesday, Dave & Buster’s Entertainment, Inc. (ticker: PLAY) reported another quarter of record profits and double-digit revenue growth. The stock quickly jumped more than 3.5 percent Wednesday as investors focused on the many positives from the first quarter.
The news just keeps getting worse for U.S. retail stocks. Macy’s Inc (ticker: M) stock plummeted more than 8 percent on Tuesday after Chief Financial Officer Karen Hoguet warned investors that the company will likely fall short of its projected gross margins forecast for the fiscal year ending January 2018.
Apple Inc. (ticker: AAPL) is unveiling some exciting new technology at its World Wide Developers Conference this week. True to the conference’s name, the most meaningful news out of the conference for long-term Apple investors may have been its new augmented reality and virtual reality development tools.
Google parent company Alphabet Inc (GOOG, GOOGL) reached yet another major milestone on Wall Street this week when its Class A stock, which trades under the ticker GOOGL, eclipsed the $1,000-per-share mark for the first time.
Herbalife Ltd. (ticker: HLF) stock sold off by more than 6 percent on Monday morning after the company lowered its second-quarter sales guidance. Investors are concerned that the Federal Trade Commission’s recently-implemented sales guidelines will have a lasting impact on Herbalife stock.
After a weak start to 2017, stocks of firearm producers Sturm Ruger & Co. (ticker: RGR) and American Outdoor Brands Corp. (AOBC) have come on strong in the past couple of months as gun demand has picked up. FBI background check data from May suggests gun stocks may continue to hit the bull’s-eye throughout the rest of the…
After rumors of negotiations between the two sides swirled for months, Floyd Mayweather announced on social media Thursday that the dream fight between Mayweather and UFC Lightweight Champion Conor McGregor is officially set for August 26 in Las Vegas.