FAANG stocks Apple Inc. (NASDAQ:AAPL) and Amazon, Inc. (NASDAQ:AMZN) are back in the headlines this morning, after reports surfaced of the two tech stocks being in licensing discussions with Riyadh to invest in Saudi Arabia. Here's a closer look at shares of AAPL and AMZN out of the gate.Apple Looks to Recover from Bear GapShares of AAPL are up 0.6% at $171.58 at last check. The stock most recentl...Read More
It could be another tough day for bitcoin. For the past week, the enigmatic cryptocurrency has seesawed betweensharp drops and rapid recoveries. Today, crypto-related stocks Riot Blockchain Inc (NASDAQ:RIOT) and Overstock.com Inc (NASDAQ:OSTK) are lower due to news the South Korean government is working to regulate bitcoin trading. Options Bears Eyeing RIOT StockThe new curbs on crypto tradin...Read More
Stock futures are signaling a higher open, as the Dow Jones Industrial Average (DJIA) looks for a second straight win. Trading volume is likely to stay muted ahead the start of the new year, but investors will have some economic data to digest nonetheless. Weekly jobless claims this morning came in higher than expected, with 245,000 people filing for unemployment benefits, compared to 240,000 fore...Read More
1. Artificial intelligence is a big deal and will change the world in massive ways.You've been hearing about the coming of the singularity for some time now. The singularity is the hypothesis that the invention of artificial super-intelligence will abruptly trigger runaway technological growth, resulting in unfathomable changes to human civilization.The idea is that an upgradable intelligent agent...Read More
Clive Maund says that silver's best month of the year is coming right up, the fundamental news is bullish, and the charts speak for themselves. Here's more...by Clive Maund via Streetwise ReportsFor many weeks we have been waiting patiently, like vultures perched on the branches of trees, for the Large Specs to go belly up and croak, and the good news is that they just have, so it's time for us to...Read More
In this special pre-New Year's Eve episode of the Keiser Report, Max and Stacy discuss their forecasts and predictions for 2018. Will bitcoin continue to climb? Or will it fall? Will gold ever rise again? What new innovations might emerge from...Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance...Read More
*This interview was recorded on 12/28/17David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author, most recently, of The Gr...Read More
Middle Eastern countries boosted their crude steel output in 2017, with producers calling for more trade protection measures to support self-sufficiency in the sector.Middle East crude steel output reached 27.17 million tonnes in the first 10 months of the year, up by 13.29% from 23.98 million tonnes for the same period in 2016, according to the World Steel Association (Worldsteel). Iran produced...Read More
? ? Instagram - jameswlsh? ? Subscribe to my channel! - https://goo.gl/ugMjRT? ? Facebook - jameswelshyoutube? ? Twitter - jameswlsh? ? Snapchat - jamessw150Comment below with your favourite skincare product! MELT AWAY BLACKHEADS: https://goo.gl/4RD4k7Okay, its finally here! I've taken just over a month to try and test Aaron Marino's ( Alpha M ) Tiege Hanley , skincare system! I have very oily and...Read More
That time Stan Lee bestowed upon me the power to say "Excelsior"Read More
The Dow Jones Industrial Average (DJIA) finished modestly higher today, avoiding a three-day losing streak in a relatively muted session. Meanwhile, both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC)finished just above breakeven, held in check by pullbacks from energy stocks and retailers. Elsewhere,gold and copper futures extended their recent hot streaks.Continue reading for more on today...Read More
Russian billionaire Viktor Vekselberg's Renova Group has sold its stake in Russian gold producer Petropavlovsk, Renova spokesman Andrey Shtorkh told Reuters on Wednesday."The deal is closed, we are not disclosing the details," Shtorkh said. He declined to disclose the price of the deal and the buyer of the stake.Petropavlovsk declined to comment. The Interfax news agency reported that the 22 per c...Read More
U.S. stocks are about to wrap up their best quarter in four years, and the Dow is set for its longest quarterly win streak in 20 years. Looking ahead to the first quarter of 2018, which kicks off on Tuesday, a pair of airline stocks could rally, if history is any guide. In fact, Alaska Air Group, Inc. (NYSE:ALK) stock has handily outperformed in the first three months of the year, and has been the...Read More
It's been a sluggish day on Wall Street, with the Dow last seen slightly above breakeven. A few stocks to watch today are Callaway Golf Co (NYSE:ELY), Horizon Pharma PLC (NASDAQ:HZNP), and XPO Logistics Inc (NYSE:XPO). Shares of golf enthusiast ELY are trading lower, while HZNP andXPO are heading the opposite direction. Analyst Downgrade Sinks ELY StockCompass Point this morning downgraded Callaw...Read More
It's no secret that 2017 has been a banner year for stocks. While the major market benchmarks have cooled off amid light holiday-week volume and a recent dip for Apple (AAPL) stock, they're still set to put a big, bullish bow on 2017 this Friday. In fact, the Dow Jones Industrial Average (DJIA) is still just one record close from making history, and both the Dow and S&P 500 Index (SPX) are pacing...Read More
Yesterday, chip stock Broadcom (NASDAQ:AVGO) was down 3.4% at its intraday low, as a warning on iPhone X shipments pressured stocks of Apple (AAPL)-adjacent companies. While AVGO has lost more than 6% this month,it may be time to buy the dip on the semiconductor name. Based on historical price data, the chip stock tends to outperform during the first month of the year.The 25 S&P 500 Index (SPX) s...Read More
For the second year in a row, people -and commodity analysts such as those at TD Securities and the Bank of Montreal- are being bullish on silver. This is according to a survey conducted by precious metals retailer Kitco among the readers of its website. Some 151 people, or 39% of the sample of 386 participants, chose silver as 2018's most likely outperformer,with gold taking the second place with...Read More
Stocks are modestly higher at midday, as the major equity benchmarks attempt to dodge a third consecutive session of losses. Post-holiday trading volume remains light, with little in the way of economic news to steer the market -- though investors are largely brushing off a steeper-than-forecast drop in the Conference Board's consumer confidence index, which cooled this month after hitting a 16-ye...Read More
The numbers: Pending-home sales ticked up 0.2% in November, the National Association of Realtors said Wednesday. What happened: NAR's index of pending home sales tracks real-estate transactions in which a contract has been signed, but the deal hasn't closed. November's increase missed the consensus forecast of a 0.5% monthly gain from economists surveyed by Econoday. The index reading was 109.5...Read More
A number of retail stocks have found new life toward the end of 2017, including Lululemon Athletica Inc. (NASDAQ:LULU). The shares enjoyed their highest close in over a year yesterday, thanks to their strong push up the charts in the second half of the year. By the numbers, LULU stock has surged 67.5% since the end of May, with a solid chunk of these gains coming after an impressive earnings relea...Read More