A growing number of firms are sounding the alarm on investor cash levels that have dropped near the lowest levels in history. Low cash levels are a threat to the ongoing equity bull rally, because it signals that investors are running out of money they can use to keep the market going higher. The stock market has […]
Everybody knows what “the cloud” is, right? It’s, like, internet storage or something? Sure. Yeah. I wanted to go a little deeper. I wanted to know exactly what it is, where it is, who owns it, who runs it, and how it works. So I did a little travel, conducted some interviews—and last Sunday, “CBS […]
REUTERS/Brendan McDermid Billionaire investor Warren Buffett made a lot of people feel better about historically stretched stock prices earlier this month. Speaking in an interview with CNBC on October 3, the chairman and CEO of Berkshire Hathaway said, “Valuations make sense with interest rates where they are.” The investment community breathed a sigh of relief. After all, […]
By Apeksha Nair REUTERS – Gold slipped on Monday on a firmer dollar and stronger Asian equities, but stayed above the key psychological level of $1,300. The metal gained about 0.9 percent on Friday after U.S. President Donald Trump warned he might ultimately end a 2015 nuclear agreement with Iran and after data showed underlying […]
At least six Egypt companies plan to list by end of next year Franklin Templeton says state company IPOs would boost market Egypt’s stock market is shaping up to be the Middle East’s hot spot for initial public offerings next year. At least six companies plan IPOs by the end of 2018, following two sales […]
NEW YORK (Reuters) – Shares of China’s No.2 e-commerce firm JD.com <JD.O> are a better deal for investors than Alibaba Group’s <BABA.N> stock and could rise 30 percent or more over the next year, Barron’s said on Sunday. JD.com’s shares have underperformed Alibaba’s since the beginning of August due to misplaced concerns, and JD.com stands […]
Let’s hope that Jeff Bezos likes cheeseburgers. Carl’s Jr., the fast food franchise known for its smutty ads, is mooching on Amazon.com, Inc. (AMZN – Get Report) to acquire it through a series of facetious tweets starting early Monday morning, Oct. 9. Along with sister chain Hardee’s, the hamburger-and-hot-dog brand could be worth about $1.7 billion, per […]
Benchmark Capital, one of Uber’s largest shareholders who has previously sued its former CEO Travis Kalanick, has declined to waive its right of first refusal over the upcoming tender offer. Less than a week after ride-hailing firm Uber Technologies Inc. cleared the way for a significant investment by SoftBank Group Corp. (SFTBY) , a potential […]
More HelloFresh SE , the unprofitable meal-kit startup owned by Rocket Internet SE, plans to sell as much as 300 million euros ($353 million) of stock in an initial public offering to finance expansion even after U.S. rival Blue Apron Holdings Inc. flopped in its IPO. HelloFresh will sell new shares to raise 250 million euros to […]
This could be the start of something big for Ford Motor Co. Shares charged more than 2% higher Tuesday, as investors absorbed strong September sales data, and prepared for the firm’s strategic update after the closing bell. New CEO Jim Hackett unveiled plans to shift its focus more towards SUVs and trucks – categories where the automaker […]
Tobacco companies seen compounded earnings growth of 7% a year over the past decade, per Morgan Stanley Investment Management data Getty Images Tobacco stocks have amassed a mixed record thus far in 2017, and the Food and Drug Administration’s July announcement that it would lower the nicotine levels in cigarettes to nonaddictive levels was seen as adding […]
Investors in Morgan Stanley MS need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 6, 2017 $39.50 Put had some of the highest implied volatility of all equity options today What is Implied Volatility? Implied volatility shows how much movement the market is expecting in […]
