LESS THAN THREE WEEKS before American retailers and shoppers kick of the massive Black Friday holiday sales event, Alibaba Group Holding Ltd (NYSE: BABA) reported a record $30.8 billion in gross merchandise volume (GMV) for its Singles Day shopping event over the weekend. Analysts say long-term investors shouldn’t put too much emphasis on Singles Day numbers, but there are…
Investors are always looking ahead to the next big trend in the market. Traditionally, younger Americans have been trendsetters in the economy, so it’s always wise for investors to keep an eye on what Generation Z is buying. U.S. investment bank Piper Jaffray surveyed more than 8,000 American teens to identify where they are eating, what they…
Yelp Inc (NYSE: YELP) stock fell 31 percent on Friday after the company reported a third-quarter revenue miss and cut its full-year guidance. The market severely punished Yelp stock for the bad report, and analysts say investors should stay away from the stock until the company shows signs that its non-term advertising model is gaining traction.
General Electric Company (NYSE: GE) stock dropped nearly 8 percent on Friday to below $9 for the first time since 2009. The latest round of new lows come after GE received its lowest price target on Wall Street Friday morning.
The shift to electric vehicles will represent one of the biggest changes in the economy over the next several decades. While EVs represent only about 3 percent market share today, Energias Market Research estimates the EV market will grow by 23.9 percent annually over the next five years. According to Boston Consulting Group, EV market share will…
DEMOCRATS AND Republicans got mixed results in Tuesday’s elections, but marijuana stock investors enjoyed some big wins. Not only did Michigan and Missouri continue the cannabis momentum by legalizing marijuana on Tuesday, experts say a divided Congress is a best-case scenario for so-called pot stocks.
Warren Buffett has always believed in the power of share buybacks, but only at the right price. Over the weekend, Buffett’s Berkshire Hathaway (ticker: BRK.A, BRK.B) revealed that, for the first time in about six years, Buffett spent nearly $1 billion scooping up shares of Berkshire stock.
CVS Health Corp (NYSE: CVS) stock initially jumped more than 2 percent on Tuesday after the company topped third-quarter earnings expectations and said its acquisition of Aetna (AET) should close before Thanksgiving.
Any investor who has tried chasing popular stocks has likely learned the hard way that it’s extremely difficult to beat the market by following the herd. Instead, the best investing ideas are often those that are contrary to the prevailing market sentiment. Bank of America recently ran its Thematic Beats screen to identify stocks with exposure to…
In the late 1990s and early 2000s, the internet completely changed the way the business world operates and created a tremendous amount of wealth for investors who picked early winners. The next major technological transition for global businesses will be collection and analysis of data using artificial intelligence. The so-called “big data” revolution will help…