In trading on Friday, shares of Exterran Corp (Symbol: EXTN) crossed below their 200 day moving average of $25.23, changing hands as low as $25.12 per share. Exterran Corp shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of EXTN shares, versus its 200 day moving […]
Alibaba Group Holding Limited BABA is reportedly launching an Amazon AMZN like voice controlled speaker this week that is capable of taking orders in Chinese. According to media reports, Alibaba’s artificial intelligence research teams have been developing this device that will be launched exclusively in China and allow domestic customers to order from the company’s website. […]
Netflix (NASDAQ: NFLX) shareholders have had a good year so far. Six months into 2017, their stock has significantly outpaced the market despite an arguably lofty valuation. There’s no telling whether the second half of the year will be as bright for investors. But in any case, you can count on seeing plenty of volatility […]
With the share price of Whole Foods Market Inc. still hovering above the $42 price offered by Amazon.com Inc., speculation that another bidder could jump into the fray reached a fever pitch late last week, with one analyst suggesting Wal-Mart Stores Inc. was a likely suitor. By Monday morning, speculation about the Arkansas-based retail behemoth […]
A glimpse of Kroger’s (KR) share price movement reveals that it has plunged over 26% in the past five days. More A glimpse of The Kroger Company’s KR share price movement reveals that it has plunged over 26% in the past five days. In the past one month, the stock has nosedived roughly 24.6% compared […]
The Nordstrom family’s June 8 decision to look into taking the retailer privateappears remarkably well timed given Amazon.com Inc.’s Friday announcement that it plans to buy Whole Foods Market (Nasdaq: WFM) for $13.7 billion. The effects of what would be Amazon’s (Nasdaq: AMZN) largest acquisition to date are uncertain. Perhaps Prime members will get discounts […]
How far along is Cummins (CMI) in developing an electric power train? It’s a big question for investors, given that electric car maker Tesla (TSLA) wants to sell trucks too, and Elon Musk recently teased that it plans to unveil an electric semi truck in September. Should Tesla manage to “pull that off”,” then the electric car make […]
Tesla (TSLA) – A pair of bullish calls and strong results from Tesla’s Model X safety test is pushing shares higher in intraday trading. Billionaire investor Ron Baron told CNBC Tuesday morning that Tesla shares could rally to $500-$600 in 2018 and reach $1,000 by 2020. And he’s not the only one who thinks shares […]
It has been a long haul back from the dead for McDonald’s (MCD) , but signs of life on several fronts continue to emerge. Credit Suisse analysts raised their price target on McDonald’s by $8 to $157 in a note Thursday, citing “continued momentum,” as “SSS [same store sales] among our franchise contacts have accelerated […]
Alibaba (BABA) is following up its 60% year-over-year jump in revenue to $5.2 billion for the latest quarter with a two-day investor meeting June 8 and June 9 at its headquarters in Hangzhou, China. Speakers at the event will include executive chairman Jack Ma, executive vice chairman Joe Tsai, CEO Daniel Zhang and CFO Maggie Wu. […]
Stocks most owned by hedge funds and mutual funds managing more than $3 trillion are handily beating the market this year, according to Goldman Sachs. Technology is by far the favorite sector of professional investors, with hedge funds increasing their bets in the space last quarter by a large amount. “Follow the proverbial ‘smart money.’ […]
Microsoft MSFT shares continued their impressive run on Monday morning, moving more than 1.5% higher and hitting a new 52-week high in the process. The software giant will now try to break into a new range, which could lead some investors to wonder whether now is a great—or risky—time to buy this stock. After closing […]
