Roku’s goes public new IPO (NASDAQ:ROKU)
Roku has long been one of the most popular home entertainment brands in the United States and abroad. With its wide range of devices, dongles, remotes and other tools, Roku offers unique and exclusive access to a broad pool of content, including web-based streaming, special networks, unique channels, and many more.
In today’s market, the numbers are particularly huge for online streaming services. Over 60% of viewers ranging from 18 to 30 years old adopt online streaming as their primary way to enjoy TV content. Roku is on the forefront of this particular industry, and it makes complete sense for this company to debut on Wall Street.
Unsurprisingly, the home entertainment service started out with a big bang, reaching over 50% of its IPO price in a very short time due to the strong interest of the investors in the company.
Initially, Roku priced its shares at $14, valuing the company at $1.3 billion. Throughout the week, shares already reached the value of $20 each.
In spite of Roku’s impressively soaring IPO, some experts have still doubt about the future profitability of the company, since the market is expanding quickly and more companies are starting to compete in the same niche. Nonetheless, Roku still made a mark with the best-performing IPO of the year.
Apple lost market share and became a stronger company in the process.
Mr. Market keeps working on moving on from Turkey worries, and earnings today from the likes of Macy’s and Cisco ought to help. Geopolitical angst hasn’t been doing that much for gold, and today’s call suggests the metal’s future isn’t so bright.
Investing.com - The dollar was trading near 13-month highs against a currency basket on Wednesday amid fears over contagion effects from Turkey's financial crisis, while the Turkish lira rallied after Ankara hit the U.S. with fresh tariffs.
President Recep Tayyip Erdogan of Turkey stepped up his attacks on the U.S. on Tuesday, calling for a boycott of Apple Inc.’s iPhones and other U.S. electronic goods, while his foreign minister joined his Russian counterpart in criticizing Western sanctions.
We just got an updated look at Berkshire Hathaway's closely watched stock portfolio.
The firm's shares closed at 16.30 Hong Kong dollars, below the 17.00 Hong Kong dollar price its stock had when it went public in July.
Turkey’s embattled lira early Wednesday strengthens against major counterparts for another consecutive session, notably against the U.S. dollar, even as animosities between Ankara and Washington appeared to escalate.
Active. Berkshire Hathaway Inc. bought more shares of Apple Inc. in the second quarter, according to an SEC filing Tuesday. Warren Buffett's investment vehicle added more than 12 million shares of the iPhone maker during the quarter bringing its holdings to nearly 252 million shares worth more than $50 billion, a 13F filing showed.
European stocks edge higher in early trading Wednesday, as investors watched the continuing currency drama in Turkey, which showed some signs of stabilization.
Y Combinator President Sam Altman said China had been "an important missing piece of our puzzle."
EURUSD declines for fourth consecutive trading session as CNY hits new lows while Turkish crisis weighs down EURO amid strong US Greenback
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu.
Y Combinator, the Silicon Valley start-up incubator that helped launch Dropbox and Airbnb, is launching in China and has recruited one of the country’s leading technologists to run it in a bid to tap into its fast-growing technology sector. and before that a Microsoft executive, has been hired to run a unit that will be Y Combinator’s first major expansion outside the US. , co-founder and president of the incubator, said in a blog post that China was a “missing piece of our puzzle” given the entrepreneurial and technological talent in the country.
The Euro has of course continue to struggle with the situations in Turkey, as there is contagion fears of European banks, especially in France and Spain, being so heavily exposed to Turkish debt. However, we did get a little bit of a reprieve during the trading session.
Technology growth opportunities are still around if you know where to look. PTC produces ThingWorx, an industrial automation platform adding intelligence to machinery. PTC stock is up 74% in the last year, 120% over the last two years, almost 240% over the last five years.
Twitter Inc. has blocked right-wing conspiracy theorist Alex Jones from tweeting for a week, according to reports Tuesday night.
Aug.14 -- Beleaguered hedge fund manager David Einhorn sold shares of Apple Inc. in the second quarter before they continued their ascent in the third period. Einhorn, who runs Greenlight Capital, trimmed his stake in Apple by 486,000 shares, reducing his position to about $26.3 million at the end of the second quarter, according to regulatory filings. Bloomberg's Romaine Bostick reports on "Bloomberg Technology."
Aug.14 -- Turkish President Recep Tayyip Erdogan vowed to boycott American-made electronics, such as those made by Apple Inc., and offered a rather less well-known alternative to the iPhone. Bloomberg's Mark Gurman and Romaine Bostick have more on "Bloomberg Technology."
Inflation numbers out of the UK will need to jump to hit pause on the Pound’s demise, while U.S retail sales could influence a resurgent Dollar.
Cupertino has ground to make up in the world's third-largest smartphone market.
Investing.com - Agilent Technologies (NYSE:A) reported third quarter earnings that beat analyst's expectations on Tuesday and reported revenue that was inline with forecasts.
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday. Soros Fund Management also dramatically boosted its shares in BlackRock Inc - the world's largest asset management firm, overseeing $6 trillion - by nearly 60 percent to 12,983 total shares in the second quarter.
Warren Buffett’s Berkshire Hathaway Inc. continued to load up on technology giant Apple Inc. in the second quarter. Berkshire increased its holdings of Apple stock by 12.4 million shares in the quarter, taking its stake to $46.6 billion by the end of June, according to a new securities filing on Tuesday. Mr. Buffett’s firm has largely avoided investing in the tech sector, even during a run-up in technology shares in recent years.
Microsoft Corp. is moving to retool Cortana, its digital voice assistant that has struggled as the software giant shackled it to the personal computer. When the assistant—named after a character from the Xbox videogame franchise “Halo”—was introduced four years ago, it was only available through the Windows operating system, a strategy that hobbled Cortana as voice computing took off in a new era of smart speakers. Amazon.com Inc. introduced its Alexa digital assistant seven months after Cortana’s launch, but its Echo and sibling devices now control two-thirds of the U.S. smart-speaker market, according to research firm eMarketer.
Future Apple Watch models might include custom silicon.
Early Wednesday, the EUR/USD is trading flat. We’re looking at the possibility of three developments today. Firstly, we could see a steady opening, followed by a higher trade. This will indicate that buyers are coming in to defend yesterday’s low at 1.1331. Secondly, sellers could return, taking out 1.1331 in the process and continuing the downtrend. Due to the prolonged move down in terms of price and time, we could see a third development. This would involve taking out yesterday’s low at 1.1331 then closing back above yesterday’s close at 1.1343
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc , but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Warren Buffett’s Berkshire Hathaway Inc. continued to load up on technology giant Apple Inc. in the second quarter.
By Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel's Teva Pharmaceutical Industries Ltd during the second quarter and ...
Verizon announced that its upcoming 5G broadband service would include free Apple TV hardware and a YouTube TV subscription for new customers.
It was a nice day for US markets Tuesday as the S&P 500 broke a streak of four down days in a row and avoided setting the record for the longest losing streak since the 2016 election.
President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that has helped drive the lira to record lows. The lira has lost more than 40 percent this year and crashed to an all-time low of 7.24 to the dollar on Monday, hit by worries over Erdogan's calls for lower borrowing costs and by worsening ties with the United States, a major NATO ally. The lira's weakness has rippled through global markets.
Amazon disclosed in its latest quarterly report that it now owns $1 billion worth of stock in public and private companies.
* U.S. demanding release of Christian pastor in Turkey (Adds U.S. State Department comment on economy)
Warren Buffett's Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel's Teva Pharmaceutical Industries Ltd during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc.
Los Angeles creators looking to capture lifelike 3D scans of performers for their mixed-reality projects now have a place to do so. Metastage has opened its doors at Culver Studios in Culver City, California. The studio is the first U.S. partner for Microsoft’s Mixed Reality Capture Studios.
The Mac maker has no shortage of things to spend its cash on.
Warren Buffett's Berkshire Hathaway raised its Apple position by 5% in the second quarter, while growing its Goldman Sachs stake by 20%.
These stocks are the stalwarts – – and until they actually break down (which apparently is going to require a comet strike), no meaningful bear market can begin. They’re simply too strong.
Verizon Communications Inc. is close to deals making Apple Inc. and Google its first video providers when it launches a superfast 5G wireless service in four cities later this year, according to people familiar with the situation. Under the deals, which could be announced as soon as Tuesday, Verizon will offer 5G customers a free Apple TV box or a free subscription to Google’s YouTube TV app for a live television service, said the people, who asked not to be identified because the agreements haven’t been announced. After shelving its own online TV effort, New York-based Verizon decided to partner with the two technology giants for video content, a first step toward eventually competing nationally against internet and pay TV providers such as AT&T Inc. and Comcast Corp. Using fifth-generation wireless technology, Verizon plans to beam online services to home receivers, delivering speeds that match or exceed landline connections.
MARKET PULSE Berkshire Hathaway Inc. (brk)(brk) said it loaded up on shares of Apple Inc. (aapl) while trimming its stake in American Airlines Group Inc. (aal) according to a filing with the Securities and Exchange Commission late Tuesday.
Warren Buffett's Berkshire Hathaway Inc on Tuesday said it has increased its investment in Goldman Sachs Group Inc, and confirmed it has added to its stake in iPhone maker Apple Inc.
Warren Buffett's Berkshire Hathaway increased its stake in Apple by 5 percent, according to a regulatory filing Tuesday that discloses positions through the end of the second quarter. Berkshire also increased its holdings of Goldman Sachs by 21 percent, Delta by 18.8 percent and Southwest by 18.7 percent, the filing said. The firm cut shares in American...
Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday.
* US demanding release of Christian pastor in Turkey (Updates numbers, adds White House comment)
Investing.com - The dollar rose against its rivals to an 18-month high Tuesday, supported by a slump in the euro as concerns over Turkey's vulnerable economy persisted despite a rebound in the lira.
The U.S. stock market could soon lay claim to being in the longest bull run in modern history, and it is more likely to power on than fizzle as it heard towards its golden years.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Microsoft Corporation (MSFT), where a total of 176,639 contracts have traded so far, representing approximately 17.7 million underlying shares. That amounts to about 65.5% of MSFT's average daily trading volume over the past month of 27.0 million shares..
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Workday Inc (WDAY), where a total volume of 15,541 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 117.4% of WDAY's average daily trading volume over the past month, of 1.3 million shares..
Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the U.S. and China, regulatory filings showed Tuesday.
The U.S. dollar was stronger against other currencies on Tuesday, as political tensions eased and the Turkish lira recovered. The Turkish lira rallied on Tuesday, breaking a 5-day losing streak after the country's central bank pledged to provide liquidity in response to a meltdown that has unsettled global markets. Turkish Finance Minister Berat Albayrak is expected to hold a conference call with investors from the U.S., Europe and the Middle East on Thursday, his first since assuming the post almost two months ago.
The smart speaker market tripled in the second quarter.
Without much background, you’d imagine that GameStop (NYSE:GME) is a company on the resurgence. Since the end of May, GME stock has gained more than 19%. Furthermore, with video games being a popular activity cutting across many demographics, GameStop’s rally seemingly has strong fundamental support.
* Turkey is target of economic war, says president (Updates numbers)
One presumes that the reason behind the trimming of the highly liquid AAPL position was the need to satisfy redemption requests.
Bitcoin has had a tough week but it was other, lesser-known cryptocurrencies leading the selling spree Tuesday.
Apple's latest chip development effort involves computing data from health sensors.
Hiking interest rates won't halt the lira's slide, says Steve Hanke, who in past helped stabilize currencies in Argentina and Bulgaria.
Billionaire investor David Einhorn, whose Greenlight Capital is posting some of the hedge fund industry's worst returns, cut back several long-term holdings, including Apple Inc, Voya Financial Inc and Consol Energy Inc, a filing made on Tuesday shows.
Silicon Valley venture capitalist John Doerr popularized OKRs, a method of setting and achieving goals used by individuals and organizations alike. Today, the method is used by top companies such as Google, LinkedIn and the Gates Foundation to meet ambitious goals.
* Indexes up: Dow 0.45 pct, S&P 0.65 pct, Nasdaq 0.68 pct (Changes comment, adds details, updates prices)
The pan-European index registers its first advance in three sessions — just barely — as Turkey’s currency meltdown shows signs of steadying.
The cryptocurrency market is in the midst of one of its biggest drawdowns ever and even the staunchest crypto bulls have to be wondering when it’s going to end.
Top hedge funds dumped key tech stock in the second quarter with mixed results, as investors weigh what stocks the "smart money" bought and sold.
The following are mergers under review by the European Commission and a brief guide to the EU merger process:
* Indexes up: Dow 0.42 pct, S&P 0.59 pct, Nasdaq 0.61 pct (Changes comment, adds details, updates prices)
The "Fast Money" traders share their first moves for the market open.
Tech giant Apple Inc. kicked-off August with a cool $1 trillion in market cap- making history as the first U.S. company to achieve this. Yet, is Wall Street celebrating?
There are several well known large cap stocks going ex-dividend next week including the following: Consolidated Edison, Kroger, Target, Invesco, Marathon Petroleum, Microsoft, Amgen, Duke Energy, Emerson Electric and others.
Amazon (AMZN) is about to expand its cloud presence in South Africa. Amazon is also hiring more workers for cloud computing jobs in South Africa. Amazon is in a race against Microsoft (MSFT) and Alphabet’s (GOOGL) Google to lead in Africa’s cloud market.
Activist investor Jana Partners has taken new stakes in Alibaba, Alphabet, Facebook, Wells Fargo and Microsoft, according to an SEC filing reporting positions through the end of the second quarter.
* Indexes up: Dow 0.19 pct, S&P 0.29 pct, Nasdaq 0.15 pct (Updates to open)
Billionaire investor David Einhorn, whose Greenlight Capital is posting some of the hedge fund industry's worst returns, cut back several long-term holdings including Apple Inc, Voya Financial Inc and Consol Energy Inc, a filing made on Tuesday shows.
* Turkey is target of economic war-Erdogan (Adds Turks selling dollars, comments on boycott call)
Billionaire investor David Einhorn, whose Greenlight Capital is posting some of the hedge fund industry's worst returns, cut back several long-term holdings including Apple Inc, Voya Financial Inc and Consol Energy Inc, a filing made on Tuesday shows.
Accenture’s (ACN) acquisition goals have been easily met by its FCF (free cash flow) generation. In the last five years, the tech giant has made ~$5 billion in acquisitions, maintaining a run-rate of ~$995 million per year. Meanwhile, it has generated an average FCF of $3.7 billion per year.
InvestorsObserver issues critical PriceWatch Alerts for AAPL, HD, RAD, TIS, and TWTR.
Many of the 1600 coins/tokens in the market lack much substance beyond their shiny whitepapers and landing pages. QTUM, NEM, NEO, and Cardano are some of the most innovative blockchain developments in the industry right now.
The biggest trend in business at the moment is the concept of outsourcing. This has delivered huge benefits to smaller business that wouldn’t normally have the budgets to install vast amounts of onsite IT infrastructure.
* Futures up: Dow 0.31 pct, S&P 0.29 pct, Nasdaq 0.40 pct (Adds comments, details; updates prices)
Technical Analysis of the markets and specific stock(s) show that stocks may be ready for a pullback.
Leading American satellite provider, DISH, will start accepting payments in Bitcoin Cash (BCH-USD). The addition of Bitcoin Cash as a payment option is part of the company’s strategy of embracing innovative technologies. Improving efficiency While making the announcement, the company explained that it is adopting new technologies so as to offer customers a safe, quick […] The post DISH Network To Start Accepting Bitcoin Cash Payments appeared first on Market Exclusive.
An escalation of global trade tensions is still the biggest worry for global fund managers, according to Bank of America Merrill Lynch’s August survey.
Einhorn's Greenlight Capital slashes stakes in Apple, Twitter and Micron|| 105395494
Recent stock market meltdown is a temporary phenomenon as U.S. companies do not have significant exposure in Turkey.
Oracle (ORCL) NetSuite, which offers a cloud-based business management platform to clients like ERP, financials, CRM, e-commerce, and inventory management, continues to gain market traction through new deals. On August 13, Oracle NetSuite entered into an agreement with Selecta Biosciences, a clinical-stage biopharmaceutical company that deals with enzyme, oncology, and gene therapy.
To complement its Industry X.0 platform, Accenture (ACN) has bought hardware engineering company Mindtribe and signed a deal to acquire software company Pillar Technology. Mindtribe develops innovative connected hardware embedded with digital services to improve customers’ experience. Pillar Technology also combines physical products with digital services, which could help Accenture lure more clients.
U.S. stock index futures inched higher on Tuesday as global markets bounced back from concerns of weakness in Turkish currency, with gains in technology stocks lifting sentiment.
About a week after Amazon (AMZN) reported record quarterly profits for the second quarter, CNBC carried a story that said Amazon was close to moving completely off Oracle (ORCL) databases. Amazon would rely exclusively on its internally developed database technologies. Amazon declined to comment for the CNBC story, but the story cited confidential sources that said Amazon was on track to move away from Oracle databases by 2020.
To stay competitive and gain market share, IBM (IBM) has continued to incur R&D (research and development) expenses. In the last five quarters, the tech giant has spent an average of 7% of its total revenue on R&D per quarter.
While tech behemoths like Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) may hog all the headlines, it has really been the companies powering their technologies—the semiconductor manufacturers—that have been garnering the attention of Wall Street. Indeed, as our “Computer and Technology” sector has gained about 22% over the past year, semiconductor companies have been a driving factor behind its growth. The aforementioned emerging tech trends have created new consumer demand, and the semiconductor makers are delivering.
On CNBC's "Mad Money Lightning Round", Jim Cramer said that Carnival Corp (NYSE: CCL) is good, but Norwegian Cruise Line ...
While break of 1.1510-1.1500 dragged the EURUSD to thirteen-month low, the 200-week SMA, at 1.1355 now, is likely offering an intermediate halt to the pair’s south-run towards the 1.1300-1.1280 horizontal-region. In case the quote refrains to respect the 1.1280 rest-point, the 1.1210 and the 1.1120 might entertain the sellers. Alternatively, the 1.1440-50 may restrict the pair’s immediate advances before highlighting the 1.1500-1.1510 support-turned-resistance. Given the buyers’ ability to surpass 1.1510 barrier, the 1.1565-70 and the 1. ...
Euro zone growth was better than expected in the second quarter, flash estimates showed on Tuesday, in a sign that the negative effects of global trade tensions might be seen only later in the year. Eurostat's flash growth estimate was also higher than its previous estimate of 0.3 percent growth. The agency also revised up the year-on-year growth to 2.2 percent from its previous 2.1 percent estimate.
Bitcoin risks printing fresh 2018 low below the June low of $5,755, but will likely defend the support at $5,650 in the short-run.
Microsoft (MSFT) is a dominant name in the software industry.
The Zacks Analyst Blog Highlights: Microsoft, Apple, Mellanox, Vishay and Cypress
Some stocks are pretty reliable with their payout boosts.
Traders looking for increased volatility during the Asian trading hours should be looking for the best pairs and strategies to maximize their profit. In this article, we will learn the most basic things a trader should know before start trading the Asian forex markets.
The pair continued to suffer in the Monday’s session initially lower at the open but reversed some of its momenta during the American session. The Euro had lost a significant part of its value in the last two trading sessions due to fears of contagion on European Banks from the economic crisis in Turkey. The negative sentiment prevailed in the market throughout the Monday’s session as the market is very concerned about the entire Turkey situation.
Residents in all 50 U.S. states can now use Square's Cash App to buy and sell bitcoin, the company has announced.
EUR/USD moves range bound post slight bullish rebound in late Asian hours on short term bids post German macro data as investors await Eurozone GDP update.
The BTC and ETH prices have crashed as the fall in the prices begin to get widespread throughout the crypto market
Bitcoin's price is close to its lowest point of the year.
Risk appetite returns in Asia in spite of weak data out of China, with the GBP and Trump in focus later today.
Tracey Ryniec and Neena Mishra take a look at two big tech giants that are crushing it.
The Euro initially gapped lower at the open on Monday, as traders were concerned about the situation brewing in Turkey. However, by the time the Americans came back on board the market had reversed itself and it now looks as if Turkey may have blinked.
Bitcoin fell below $6,000 on Tuesday, a decline that brings the price of the world's largest cryptocurrency to within 2 percent of its 2018 low.
Falling prices have sent the total market capitalization of all cryptocurrencies below $200 billion.
Bitcoin's narrative is hard to pin down, but as with early internet stocks, real traction will come in time, cryptocurrency investing strategist Meltem Demirors told CNBC.
On the back of a scrappy CEO and large contracts with retailers, Microsoft is growing cloud revenue rapidly. Do Amazon investors have anything to fear?
Nio makes electric cars and is increasingly focused on autonomous driving, not unlike Tesla.
Just last week there was a moment where it looked like that Apple would fall back hard when a Chinese Communist Party press organ discussed the how Apple underpaid its employees. Then this past Friday CEO Tim Cook made a pilgrimage to the White House to have dinner with the President and his wife.
Jim Cramer breaks down why Dropbox’s recent decline is not worth fretting about
Patients can't easily get their health data. Microsoft, Amazon and others want to change that.
Semiconductor stocks were battered by market volatility earlier this year, but tech has made a strong recovery.
Microsoft won’t pull a bait-and-switch on its Windows 10 users.
Turkey’s currency crisis continues, lifting the dollar and haven currencies, such as the Japanese yen.
The price of Ethereum (ETH) just fell below $300 for the first time since November 12 of last year.
Investing.com - After weakening to 13-month lows the euro clawed back above the $1.14 level on Monday, as Turkey’s lira pulled away from record lows against the dollar, but still held heavy losses for the day.
European stocks fell as investors remain focused on Turkey’s perilous financial condition and as Bayer shares plunged following a U.S. court ruling against the company’s Monsanto unit.
Apple has jumped over the bar, but others are nipping at the iPhone maker's heels.
Turkey's economic crisis looks to have boosted bitcoin's appeal as a safe-haven asset, pushing it to seven-month highs against the lira.
Bitcoin's corrective rally could gather steam above the key descending trendline hurdle of $6,480.
Monero’s XMR recovers from early losses, though holding on to $93 levels will be key to avoiding a pullback later in the day, investors quick to hit sell.
Turkey’s Lira plummeting to a new all-time low, against the dollar, is the latest catalyst behind increased cryptocurrency adoption in the European nation. Increased digital currency adoption also stems from the fact that residents have their options limited given that the country is also at crossroads with the European Union.
In a regulatory filing, Microsoft CEO Satya Nadella disclosed the sale of 328,000 common shares of the company at a price of $109.4396 per share
Shares of Baozun, SolarEdge Technologies, and Cleveland-Cliffs have had incredible returns in 2018, but we think there is more room left to run.
Like AAPL, AT200 (T2107), the percentage of stocks trading above their respective 200DMAs, has gone exactly nowhere. The NASDAQ and the Invesco QQQ Trust (QQQ?) are up marginally (about half a percent).
The first augmented-reality glasses from hot startup Magic Leap are now shipping to customers, but early reviews say the AR specs have a long way to go before they become a mainstream consumer product.
If you want to get a behind-the-scenes look at your favorite cryptocurrency's price action, the order book will be your best friend.
Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.
Third Point disclosed in an SEC filing its holdings as of June 30. Third Point's 13 new buys in the quarter included, by size of position, NXP Semiconductors (NXPI), PayPal (PYPL), Visa (V), Campbell Soup (CPB), and Deere (DE).
Microsoft's chief made a big stock sale on Friday as the company's shares neared an all-time high.
After five up weeks, the S&P loses ground. This is The Final Round.
Trading volume on Turkey's cryptocurrency exchanges surged Friday as the country's fiat currency plunged to record lows on economic jitters.
The mega-cap stocks that dominate the US markets are just finishing another monster earnings season.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Technology Select Sector SPDR Fund, where 4,400,000 units were destroyed, or a 1.4% decrease week over week. Among the largest underlying components of XLK, in morning trading today Apple is up about 0.2%, and Microsoft is lower by about 0.2%.
There are conflicting indicators, but it could be that short-term weakness will turn into long-term strength.
The most recent short interest data has been released for the 07/31/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Microsoft Corp (NASDAQ:MSFT) has opened bearishly below the pivot of $109.81 today and has reached the first level of support at $109.46. Should the shares continue to fall, the...
Yahoo Finance's LIVE stock market coverage and analysis.
The bitcoin market has turned indecisive in the last 24 hours and today's UTC close is expected to set the tone for the next move in prices.
EOS' launch has been fraught with controversy. Some users are fed up, and they're forking the protocol to give the network a better shot.
The prices have recovered somewhere but the bears continue to remain in control of the BTC market
The dividend yield of the S&P 500 matters. In fact, dividends are responsible for around 40% of total market returns over the long run.
Dropbox Inc's forecast for the current-quarter and results for the second quarter beat Wall Street estimates on Thursday, with the online storage firm earning more from a higher number of paying subscribers.
The Swiss central bank boosted its total holdings of US stocks to $87.5 billion, up 6.6% or $5.4 billion from the $82.0 billion at the end of the first quarter, and just shy of their all time high.
Dropbox's operating chief is stepping down four years after joining the company.
* Indexes: Dow down 0.1 pct, S&P up 0.03 pct, Nasdaq up 0.3 pct (New throughout, updates prices, market activity and comments to late afternoon)
* Indexes: Dow down 0.11 pct, S&P flat, Nasdaq up 0.33 pct (Changes comment, adds details, updates prices)
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 23 ...
* Indexes up: Dow 0.01 pct, S&P 0.10 pct, Nasdaq 0.31 pct (Changes comment, adds details, updates prices)
* Dow down 0.06 pct, S&P flat, Nasdaq up 0.14 pct (Updates to open)
The ETF price war has been escalating and spreading to all corners of the market.
"I still think it will be quite a long time until an ETF is approved. The last asset class to be approved for ETF certification was copper, in 2012, and copper has been around for 10,000 years," Dan Morehead said.
Despite Apple stock's sharp run-up recently, shares still have room to run.
* Indexes: Dow fell 0.18 pct, S&P down 0.03 pct, Nasdaq up 0.06 pct (Updates to market close)