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US Unlikely To Copy EU's Antitrust Charge Against Amazon — Antitrust Lawyer
Friday, June 12, 2020 - 11:48am | 856The European Union's reported plan to bring antitrust charges against Amazon.com Inc. (NASDAQ: AMZN) for allegedly using third-party sellers' data to unfairly compete against them is unlikely to be copied in the United States because of the differences in the two antitrust regimes, a U.S.-based...
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Cramer Says The Latest Rotation Trend Is Driven By 'Ravenous Consumers'
Thursday, June 4, 2020 - 1:20pm | 331U.S. stocks gained on Wednesday after ADP and Moody's data showed private payrolls came in better than expected. This prompted a "wholesale shift" in what stocks are investors are picking up amid expectations for a swift COVID-19 recovery, CNBC's Jim Cramer said on "Mad Money...
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Apple Faces Macro Challenges, But UBS Remains Bullish On Cupertino's 'Long-Term Opportunity'
Friday, March 6, 2020 - 3:26pm | 427The uncertainty roiling economies in the wake of a spreading virus and concerns about an overall downturn give UBS short-term worries about Apple Inc. (NASDAQ: AAPL), but not enough to drop the sell-side firm's buy recommendation in light of expectations for continued long-term growth. ...
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Technology Lesson For The New Era – Can You Do It Twice?
Tuesday, February 25, 2020 - 1:07pm | 721Whether we like it or not, the big tech firms have shaped our everyday lives and continue to influence them. But recent times have also brought increased legislation as lawmakers do their best to limit the power and influence of these companies. However, it's not the impending regulation that...
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Unfazed FAANGs: Pullback In Apple Didn't Carry Over To Other Big Tech Names
Wednesday, February 19, 2020 - 10:35am | 2547The Fed might steal the show today with minutes from its last meeting and a host of speakers approaching podiums. Otherwise, focus remains on coronavirus, but stocks ticked higher in pre-market trading after yesterday’s nice late comeback. Five Fed officials deliver remarks Wednesday at...
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Twitter Up, Tesla Down: Strong User Numbers Help TWTR, But TSLA Selling Continues
Thursday, February 6, 2020 - 10:36am | 1869The beat goes on, but a little less intensely so far today. Though stocks enjoyed more overnight gains as China announced tariff cuts and overseas markets rose, it looks like the parabolic rally of the last two days is slowing down. That’s not too surprising. Major indices are at record highs...
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Facebook At Key Inflection Point
Thursday, February 6, 2020 - 10:08am | 437By Carolyn Boroden, ElliottWaveTrader.net Facebook Inc. (NASDAQ: FB) has rallied from our recent buy set-up, bouncing off our Fibonacci price projection zone just above $200, triggering a buy entry. The potential target, if that $200 level is a more important low, is the 1.272...
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Tuesday's Market Minute: REVIEWING THE FAANG 4Q
Tuesday, February 4, 2020 - 10:44am | 355Now that Alphabet has reported earnings, all of the big tech giants that make up the FAANG index have shown their hands from 4Q19. The market reacted negatively to Google’s parent company posting a miss on revenue estimates, and shares lost about $60 in postmarket trading. Year-over-year,...
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Facebook Investors Appear To Heed Warnings About Privacy Headwinds, Analysts Say Keep Buying
Thursday, January 30, 2020 - 3:21pm | 834Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...
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Apple Shares Have Had Quite A Run; What's Next? Earnings Ahead
Monday, January 27, 2020 - 12:37pm | 1712Apple Inc. (NASDAQ: AAPL), among the most actively traded and widely held stock among TD Ameritrade investors, is gearing up to report fiscal Q1 earnings on Tuesday afternoon. Give how busy 2019 was—think the iPhone 11 lineup, launch of Apple TV+, the company’s attention...
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Is The Drone Industry Finally Ready To Take Off?
Friday, January 24, 2020 - 9:10am | 976When United Parcel Service, Inc. (NYSE: UPS) last October made its first medical delivery by drone, it may have finally begun what drone advocates have been touting for a decade — a new era when unmanned flights may become just as normal as those in aircraft with pilots. There are a couple of...
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2020 Vision: Rally Mode To Start Off Decade As Last Year's Strength Rolls Along
Thursday, January 2, 2020 - 10:38am | 1950The new year looks like it’s starting right where the old one left off, with stocks in rally mode to begin the decade and China at the center of things. Major indices ticked higher in pre-market trading and looked like they might set new record highs following gains across most of Asia and...
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Nasdaq Hits 9,000 As Amazon Rallies On 'Record-Breaking' Holiday Numbers
Thursday, December 26, 2019 - 2:31pm | 517Amazon.com, Inc. (NASDAQ: AMZN) stock was trading higher Thursday after the company said it had a "record-breaking" holiday season with billions of items ordered. The stock was the most-traded in the Nasdaq Thursday, according to CNN, helping drive the index over the 9,000-point level...
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Getting Ready To Wrap Up: Holiday Week Begins With Stocks Near All-Time Highs
Monday, December 23, 2019 - 10:45am | 2080What a difference a year makes. At this time last year, markets were melting down, and of course a year later we’re cruising to new all-time highs. This week could see a low volume, thinly traded market because of the holidays, so what does that mean for investors? First, there may not be a...
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Netflix Analyst Likes Latin America Subscribers, Still Neutral On Stock
Friday, December 20, 2019 - 4:00pm | 404Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...