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The Market In 5 Minutes: China, OPEC, Banks, Bitcoin And More
Monday, June 18, 2018 - 9:00am | 887IN THE NEWS Week after week in 2018, cryptocurrency investors have been hit by a stream of negative headlines about increasing regulation and cryptocurrency-related thefts, hacks and scams. But even in a market that's known for its volatility, the negative headlines don’t seem to be...
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The Market In 5 Minutes: Tariffs, NXPI, Powell And More
Friday, June 15, 2018 - 8:59am | 742IN THE NEWS Not a month after announcing a hold on the trade war, President Donald Trump approved Thursday night about $50 billion in tariffs on Chinese exports. The Administration is making amendments to an early list of about 1,300 targeted goods: Link A mysterious volatility trader known only as...
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The Market In 5 Minutes: Rate Hike, Jobless Claims, Bitcoin And More
Thursday, June 14, 2018 - 9:00am | 798IN THE NEWS The rate hike came as no surprise. The Federal Reserve was widely expected to announce a 25-basis-point pop after its Wednesday meeting: Link Bitcoin prices are now down 52 percent year-to-date, but Mark Yusko, founder and CEO of Morgan Creek Capital Management, said Wednesday there...
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The Market In 5 Minutes: AT&T-Time Warner Ruling, Fed Meeting, Weight Watchers And More
Wednesday, June 13, 2018 - 9:00am | 685IN THE NEWS U.S. District Judge Richard Leon ruled against the Justice Department to confirm that AT&T Inc. (NYSE: T)'s $85 billion purchase of Time Warner Inc (NYSE: TWX) does not violate antitrust laws: Link The Street became decidedly more bullish on Weight Watchers International, Inc...
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The Market In 5 Minutes: A Historic Meeting, A Gold Trade, Model 3 Deliveries And More
Tuesday, June 12, 2018 - 9:00am | 615IN THE NEWS KeyBanc’s store checks found Tesla (NASDAQ: TSLA) Model 3 deliveries tracking about 50 percent higher than projections and achieving “meaningful ramp.” Link Fitbit (NYSE: FIT) was already on the rise Monday when Citron Research came out with a bullish report touting...
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The Market In 5 Minutes: G7 Fallout, North Korea Summit, Match Group And More
Monday, June 11, 2018 - 9:00am | 590IN THE NEWS The upcoming week will keep biotech investors busy with a handful of conferences and clinical trail presentations from companies including Abbvie (NYSE: ABBV) and Chimerix (NASDAQ: CMRX). Link Before investors throw up their arms and give up on understanding why the market reacts the...
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The Market In 5 Minutes: China, ZTE, McDonald's And More
Friday, June 8, 2018 - 9:00am | 707IN THE NEWS Eli Lilly (NYSE: LLY) CEO calls for uniform prices, better use of technology in health care. Link The U.S. District Court in Washington is set to rule on the AT&T (NYSE: T)-Time Warner (NYSE: TWX) merger on June 12. Here's how UBS says to trade it. Link The chairman of ZTE...
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The Market In 5 Minutes: Allergan, Solars, Jobless Claims And More
Thursday, June 7, 2018 - 9:05am | 847IN THE NEWS Who are the top U.S. export partners, and what do they spend? Link President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with thousands of...
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The Market In 5 Minutes: Social Security Costs, Facebook Data Sharing, Tesla Meeting And More
Wednesday, June 6, 2018 - 9:00am | 878IN THE NEWS For the first time since 1982, U.S. Social Security costs more than the program brings in: Link Small-cap stocks and the related exchange-traded funds have been outperforming large-cap rivals for several months now. That's not new news, but what's interesting is the margins by...
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The Market In 5 Minutes: Athenahealth CEO, Starbucks Chair, WWDC Updates And More
Tuesday, June 5, 2018 - 9:01am | 775IN THE NEWS Apple (NASDAQ: AAPL) kicked off the WWDC conference with the new iOS 12, Watch OS 5, Apple TV OS and Mac OS: Link Prior to 2018, there were no exchange traded funds dedicated to companies involved with the booming blockchain space. Now, there are four dedicated blockchain ETFs, though...
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The Market In 5 Minutes: Big Jobs Data Beat, Fannie And Freddie, Tariffs And More
Friday, June 1, 2018 - 9:03am | 643IN THE NEWS Snap Inc (NYSE: SNAP) is down nearly 50 percent from its year-to-date high. It’s suffered poor publicity and posted weak earnings, and amid all that, it’s racked up short interest of 110 million shares. Naturally, it has a fan in contrarian Citron Research: Link June is...
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The Market In 5 Minutes: Right To Try, Uber, Buffett, Jobless Claims And More
Thursday, May 31, 2018 - 9:00am | 1969IN THE NEWS President Donald Trump signed legislation Wednesday that give terminally ill patients the "right to try" experimental treatments not approved by the Food and Drug Administration, although observers say the cooperation of drug companies and affordability issues could limit...
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The Market In 5 Minutes: Italy, Trade Talks, EVs, Roseanne And More
Wednesday, May 30, 2018 - 9:01am | 1553IN THE NEWS Walt Disney Co (NYSE: DIS) cancelled ABC’s “Roseanne” reboot Tuesday after star Roseanne Barr tweeted a racist comment about an adviser to former President Barack Obama: Link U.S. stocks were hit hard Tuesday, partly due to political turmoil in Italy as the country...
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The Market In 5 Minutes: Italy, ASCO, Roku And More
Tuesday, May 29, 2018 - 9:06am | 677IN THE NEWS Political worries about Italy and Spain gripped markets Tuesday, triggering sharp falls in stocks, a drop in the euro and big moves in bond markets: Link $ Apple Inc. (NASDAQ: AAPL) analysts are moving toward a sure consensus: growth is in the Services. The lessened emphasis on...
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The Market In 5 Minutes: GE, Tariffs, Summit, Jobless Claims And More
Thursday, May 24, 2018 - 9:05am | 1865IN THE NEWS General Electric Company (NYSE: GE) stock traded lower by more than 7 percent Wednesday after CEO John Flannery said he is not expecting any profit growth from GE’s power unit in 2018: Link The ETFMG Alternative Harvest ETF (NYSE: MJ), the only U.S.-listed exchange-traded fund...