The S&P 400 Mid-Cap index has surged to its best start to a year since 1991, both rewarding fund managers and forcing them to work harder to seek out bargains in a group that is now the most expensive part of the U.S. market based on their historical averages. The rally in mid-cap stocks – […]
This week’s tech stock news includes earnings reports from cross-platform cloud-based database company MongoDB (NASDAQ:MDB) and software giant Adobe (NASDAQ:ADBE), as well a massive insider stock purchase of gaming company Activision Blizzard (NASDAQ:ATVI) amid the stock’s big slump in recent months. Here’s a closer look at each of these stories. MongoDB Cloud database company MongoDB crushed expectations in its fourth quarter. Revenue shot […]
After a bout of sideways trading in the cryptocurrency markets, Bitcoin and other major cryptos have been able to garner an influx of buying pressure that has sent them climbing today. Ethereum (ETH) is one major cryptocurrency that has been able to climb today, but it is facing growing resistance around its current price levels. […]
The Fed’s meeting is the big deal for markets in the coming week, and it is widely expected to send a message that investors in both bonds and stocks could find bullish. But analysts in both markets say the Fed’s message has been well telegraphed, and market response could be tepid or even a “sell […]
The S&P 500 rose to a new high for the year Friday as resurgent technology stocks closed out their best week in four months with solid gains. Financial, health care and consumer stocks also helped lift the market. The gains erased losses from last week, when the S&P 500 had its worst week of the […]
U.S. stocks closed higher Friday, with the S&P 500 and the Nasdaq finishing at five-month highs, as market sentiment was buoyed by encouraging headlines on U.S.-China trade negotiations and Chinese assurances of forthcoming economic stimulus. How did major indexes fare? The S&P 500 index SPX, +0.50% climbed 14 points, or 0.5%, to 2,822.48 and the […]
Activision Blizzard and Spotify were among the stocks Wall Street analysts recommended to clients as undervalued this week. CNBC combed through company research to find analysts discussing buying opportunities for stocks. Other names cited as possible values include: Newell Brands, Dollar General, Marvell, and Anthem Activision “is down nearly 50% in the past six months […]
Check out the companies making headlines before the bell: Facebook — Facebook announced the departure of Chief Product Officer Chris Cox and WhatsApp division head Chris Daniels. Cox said a shift in Facebook’s focus would benefit from new leadership, although he did not explicitly mention CEO Mark Zuckerberg’s move to emphasize private messaging. Oracle — […]
Investors must be aware of potential rewards and beware the potential risks when buying a stock because anything can happen on the stock market, CNBC’s Jim Cramer said Thursday. There are five current events that illustrate the “perils” of individual stock picking and why shareholders must have a strong stomach, he said. From the top plane manufacturer […]
Defense-related stocks listed in South Korea and Japan surged by more than 20 percent on Friday following reports that North Korea may suspend nuclear talks with the U.S. At the same time, shares of South Korean firms with exposure to North Korea plunged. North Korean Vice Foreign Minister Choe Son Hui said at a news […]
U.S. stocks closed mostly lower Thursday as investors digested headlines suggesting progress toward a U.S.-China trade deal has stalled against the backdrop of weaker-than-expected Chinese economic data. How did major indexes fare? The Dow Jones Industrial Average DJIA, +0.03% bucked the broader market’s decline to rise 7.05 points to 25,709.94. The S&P 500 index SPX, […]
Four climbing FAANG stocks could be poised for an even sharper rally. The frequently tied-together stocks of Facebook, Amazon, Apple, Netflix and Google parent Alphabet are outpacing the broader market for 2019, locking in double-digit gains for the year. Two market watchers see more runway ahead of some of the names. “This week is very […]
