Cryptocurrencies have been one of the more controversial topics on Wall Street in the past couple of years. However, technology experts say there’s no arguing the value of the blockchain infrastructure at the root of currencies like bitcoin. The innovative part of the complicated blockchain system is its reliance on distributed ledger technology to independently…
With Intel Corporation (Nasdaq: INTC) stock down 1 percent in 2018 and Advanced Micro Devices (AMD) stock up more than 200 percent year-to-date, the market impact of Intel’s 10 nanometer chip delays is clear. But while Intel finds itself at a process disadvantage in the near term, some analysts say it’s only a matter of time before Intel…
Netflix, Inc. (Nasdaq: NFLX) stock is down more than 11 percent since reporting a subscriber miss in the second quarter. However, third-quarter subscriber tracking suggests Netflix could get back on track with a big subscriber beat in the third quarter.
USER GROWTH HAS BEEN A constant struggle for Twitter Inc (NYSE: TWTR) in recent years, but rising costs may be the company’s biggest hurdle. MoffettNathanson analyst Michael Nathanson reiterated his “sell” rating for TWTR stock and says investors may not fully appreciate the financial impact of intense regulatory scrutiny.
AFTER REPORTING consistent earnings and same-store sales beats throughout 2018 that have sent its stock up more than 30 percent on the year to new all-time highs, Costco Wholesale Corporation (NYSE: COST) may finally be becoming a victim of its own success.
Sears Holdings Corp (NYSE: SHLD) reported better-than-feared second-quarter numbers on Thursday afternoon but once again failed to demonstrate it has turned the corner and found a viable path to long-term sustainability. Analysts say it’s difficult to make a case to buy SHLD stock, and the company will likely continue to hemorrhage sales.
Kroger Co (NYSE: KR) stock plummeted nearly 10 percent on Thursday after the company reported another disappointing quarter, and analysts say the competition will continue to weigh on the stock while Kroger reinvests in its business.
All eyes are on the southern Atlantic Ocean this week, where Hurricane Florence threatens to be one of the strongest storms to make landfall on the U.S. East Coast in decades. Buckingham Research Group analyst Amit Kumar[WD] has estimated the per-share risk for insurance stocks with major exposure to the East Coast property market, and…
Apple, Inc. (Nasdaq: AAPL) announced three major iPhone models and updates to the Apple Watch at its annual product launch event on Wednesday afternoon. Apple stock initially traded lower following a strong stretch for the stock in recent months, and analysts say the pullback is an attractive buying opportunity for long-term investors.
THE DRAMA FOR Tesla Inc (Nasdaq: TSLA) continued last week when CEO Elon Musk smoked marijuana during an interview and Tesla’s chief accounting officer stepped down after less than a month on the job. Some Tesla analysts are sticking with Musk and Tesla through the turmoil, but Tesla lost one long-time bull on Tuesday.