It’s every investor’s fantasy: a stock bought on the cheap that subsequently hits the big time, rising to heights few could have imagined. This fantasy is a reality for three notable companies on the exchange — NVIDIA (NASDAQ:NVDA), Salesforce.com (NYSE:CRM), and Universal Display (NASDAQ:OLED). Here’s how each shot into the stratosphere. The drive to create […]
Asian markets were mixed early on Monday, with Australia’s ASX 200 gaining early in the session and Japan’s benchmark index trading just below the flat line. Investors are also expected to turn their attention to the Federal Reserve’s two-day policy meeting later in the week. Japan’s Nikkei 225 shed 0.12 percent in early trade and […]
European stock markets ended a choppy day in positive territory on Friday, tracking U.S. markets higher as a spate of positive data gave traders a reason to shake off concerns over another impending prominent departure from the White House. The euro declined against the dollar after disappointing inflation figures and the U.S. data, providing a […]
Tiffany – The luxury goods retailer beat estimates by 3 cents with quarterly profit of $1.67 per share. Revenue also beat forecasts, and a same-store sales increase of 3 percent was slightly above the consensus estimate of 2.8 percent. Hibbett Sports – The athletic apparel retailer beat estimates on both the top and bottom lines, […]
Stocks reverse some of their losses from earlier in the week as smaller, U.S.-focused companies rise and energy companies climb in tandem with oil prices. U.S. stocks edged higher Friday as gains from energy companies, industrial firms and smaller companies helped the market end a modest losing streak. Oil and gas companies climbed along with […]
Spring isn’t just about cleaning out closets or shopping for your dream home. It’s also a good time to freshen up your stock portfolio. How? By jettisoning stocks you no longer like and buying ones with potential to bloom. And with the U.S. stock market back on stronger footing after a rocky period early in […]
Entrepreneurship is a demanding gig. About 19 percent of business owners work more than 60 hours per week. Also, 82 percent work more than the standard 40 hours a week. On top of other responsibilities, including eating, sleeping, and spending time with the family, there’s not much time to manage your personal finances. However, every entrepreneur should […]
Small-cap stocks could outperform their large-cap counterparts the rest of this year if President Donald Trump increases his protectionist stance on trade and other matters. They also have further potential upside relative to large stocks from the lower corporate tax rate. The Russell 2000 — which is made up of small-cap stocks — is up nearly 5 percent through […]
Stocks finished mostly lower Thursday in another choppy day of trading after a midday rally faded. Industrial and technology companies rose, but smaller companies and chemical makers skidded. Without any major economic reports or further development on issues like tariffs, stocks drifted up and down. The market was coming off two days of losses, and […]
Stocks are having a nice rally early Thursday, but the market may struggle to add to gains the rest of the day and Friday because of an unusual culprit posed by one market analyst: The NCAA men’s basketball tournament. The so-called March Madness college basketball tournament kicked off at 12:15 p.m. ET Thursday. It is […]
With major U.S. stock indexes within striking distance of record levels, are there any stocks that have further room to grow? There are still some values to be had, according to Morgan Stanley, which unveiled a new version of its “Fresh Money Buy List,” a collection of the firm’s ultimate picks for equities. The list, […]
The U.S. stock market has largely recovered since the correction it suffered in early February, but those gains could mean investors are failing to appreciate the potential for volatility returning to the market. According to Goldman Sachs, option prices for the average company in the S&P 500 dropped by 10% in the latest week, a […]
