Investors certainly have plenty to be thankful for this week. The SPDR S&P 500 ETF Trust SPY 0.23% is up 16.4 percent year-to-date, and the U.S. economy is firing on all cylinders.
U.S.-listed Chinese education stocks are getting hammered on Friday after the South China Morning Post reported that RYB Education Inc – ADR RYB 38.41% is under investigation for alleged child abuse. Shares of RYB crashed nearly 40 percent in early Friday trading, but U.S. investors were dumping other Chinese education stocks as well out of fears there may be widespread…
Bitcoin and other cryptocurrencies have been on fire in recent years, but they’ve had their share of problems. This week, hackers made off with $30 million in digital coins from Tether, and news of the breach sent Bitcoin prices tumbling under $8,000. But as it has done so many times in the past, Bitcoin quickly bounced back as…
The price of Bitcoin bounced back to make new all-time highs on Tuesday after briefly dipping below $8,000 following a massive security breach at a rival cryptocurrency. On Tuesday, Tether reported that more than $30 million in digital coins had been stolen by hackers.
Bill Ackman’s massive $224 million bet on Chipotle Mexican Grill, Inc. CMG 0.7% may be down 33 percent in a little over a year, but Ackman’s most recent letter to Pershing Square investors assured them everything is going according to plan.
Square Inc SQ 0.1% stock is up an incredible 252 percent in 2017, but one analyst says now is the time for traders to take their profits to the bank.
Palo Alto Networks Inc PANW 0.5% investors are used to turbulence in 2017, and they got even more of it Tuesday after the company impressed Wall Street with its first quarter earnings report. A number of analysts have weighed in on Palo Alto following an EPS and sales beat. Here’s a rundown of what they had to say.
It’s a challenging world for cable and satellite companies, but one Wall Street analyst said investors are a bit too negative on the outlook for Comcast Corporation CMCSA 1.48%.
While Americans watch Apple Inc. AAPL 0.01%, Alphabet Inc GOOG 0.45% GOOGL 0.44% and Microsoft Corporation MSFT 0.18% to see which company will become the nation’s first $1 trillion public company, Tencent Holdings Ltd TCEHY 2.11% has won the race to become China’s first $500 billion company.
Cavium Inc CAVM 0.23% and Marvell Technology Group Ltd. MRVL 0.13% both traded higher Monday after Marvell announced a $6 billion buyout of its smaller counterpart.