The SPDR S&P 500 ETF Trust SPY 0.34% is up 10.5 percent so far in 2017, but traders paying attention in the last couple of weeks may have noticed that the stock market hasn’t been doing much moving at all lately. Since July 20, the S&P 500 has been range-bound between 2465 and 2485, never closing a session…
With Snap Inc SNAP 0.07% shares trading at around $13, well below their $17 IPO price, the last thing shareholders want to hear right now is how much higher the company’s valuation may have been a year ago. Yet three separate sources, including one company insider, have now suggested Alphabet Inc GOOG 0.07% GOOGL 0.06% was reportedly interesting in buying Snap in…
What a difference two little letters can make.
Herbalife Ltd. HLF 0.35% has been one of the most controversial stocks in the market in recent years, and the company’s Q2 earnings report and conference call have presented investors with even more questions about the future of the company.
Two of the highest-profile IPOs of 2017, Snap Inc SNAP 0.07% and Blue Apron Holdings Inc APRN 4.79%, have been nothing short of disastrous for investors so far this year. Snap shares are now trading 25.9 percent below their IPO price, while Blue Apron shares are down 37.6 percent in an even shorter time.
Tesla Inc TSLA 1.45% shares closed up 6.5 percent on Thursday after the company reported a smaller-than expected Q2 earnings loss and reiterated its Model 3 production guidance.
Less than a month after Benzinga reported a potential expanding relationship between Amazon.com, Inc. AMZN 0.26% and DISH Network Corp DISH 0.79%, DISH management danced around the subject repeatedly on the company’s second-quarter earnings call on Wednesday.
The most crowded U.S. short is costing short sellers more than $300 million on Thursday.
For years, it seemed like the battle for U.S. mobile network supremacy was a two-horse race between Verizon Communications Inc. VZ 0.95% and AT&T Inc. T 1.4%. However, the latest State of Mobile Networks report from OpenSignal shows a clear king of U.S. mobile networks. It’s not AT&T, and it’s not Verizon.
Molina Healthcare, Inc. MOH 1.18% shareholders were disappointed by the company’s second-quarter earnings miss that sent shares tumbling more than 8 percent Thursday morning. However, there may be a silver lining to the company’s second quarter for long-term investors.