The U.S. Treasury has issued its first of four reports on the state of financial regulations in the U.S. Tuesday, and the report sheds some light on just how favorably the Trump administration intends to treat the banking sector.
For U.S. natural gas investors, Qatar’s problems may be the American natural gas industry’s opportunity. Diplomatic tensions between Qatar, the world’s largest natural gas exporter, and six Arab countries, including the United Arab Emirates and Egypt, recently came to a head over Qatar’s alleged support for terrorist organizations such as the Muslim Brotherhood and Hamas.
Shareholders of Indian IT company Wipro Limited (ADR) WIT 0.39%went on quite a ride Monday on what appears to be confusion over an upcoming dividend payment. Shares plummeted 50 percent in early trading on 170,000 in volume, despite the company’s $20.3 billion market cap. At about 9 a.m., the NYSE halted shares of Wipro on pending news,…
One of the most difficult things for a long-term investor to do is ignore the day-to-day or week-to-week noise in the market and focus on maximizing long-term gains. In reality, young Americans investing for retirement shouldn’t even care what a stock will do in a year’s time and should instead focus on how it will…
One of 2017’s hottest IPOs, Canada Goose Holdings Inc. Subordinate Voting Shares GOOS 1.16%, reported its first quarterly earnings report as a public company on June 2, blowing the market away with a big earnings beat. Despite a run post-earnings, shares are down 3.0 percent on Monday.
The concentrated outperformance of a handful of mega-cap technologystocks in recent years is getting reminiscent of a similar trend during the peak of the dot-com bubble nearly 20 years ago. These massive tech giants have created a “valuation air pocket” in the market, according to Goldman Sachs analyst Robert Boroujerdi.
Tesla Inc TSLA 1.42% eclipsed General Motors Company GM 0.2% and Ford Motor Company F 0.72% to become the largest auto company in the world this year in terms of market valuation. Tesla shares are up an incredible 72.3 percent in 2017, while GM and Ford shares are down 1.5 percent and 8.6 percent, respectively.
Semiconductor stocks have been red hot as of late, with the iShares S&P NA Tec. Semi. Idx. Fd.(ETF) SOXX 1.69% up 25.5 percent year to date. However, there could be plenty of upside remaining throughout the year in a handful of select names, according to Bank of America analyst Vivek Arya (check out Vivek Arya‘s track record).
Nordstrom, Inc. (NYSE: JWN) short sellers are getting no relief on Friday after the stock jumped 10.25 percent Thursday on news the Nordstrom family may opt to take the company private. However, Nordstrom short sellers hoping for an opportunity to exit their positions on Friday aren’t getting much of an opportunity, as shares climbed another 2.1 percent in early…
Shares of NVIDIA Corporation NVDA 2.29% just keep going higher, and the stock simply keeps getting more love from Wall Street. Just a day after Citigroup upped its bull case price target for Nvidia to $300, Argus analyst Jim Kelleher raised his price target from $145 to $175 and said Nvidia should continue to be a “fast-rising stock”…