There’s a technical ‘triple threat’ for stocks, but also places investors can hide
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S&P 500 below key chart support.
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S&P 500 below key chart support.
“The strongest argument for claiming benefits earlier goes beyond the traditional break-even analyses.”
Space Exploration Technologies (SPCX 4.24%) recently went public in what may have been the most anticipated IPO ever. It didn’t disappoint. The stock performed well on its debut and in the subsequent days, even rising to the fifth-largest company on the market at some point. A slew of analysts have weighed in on the stock….
Coca-Cola (KO +0.69%) disclosed Thursday that a ransomware attack forced it to temporarily suspend U.S. production at Fairlife, its fast-growing dairy business, and the stock fell about 4% on Friday. For dividend investors, this looks like an operational headache — not a threat to the payout. Here’s what happened. Fairlife identified unauthorized third-party access to…
(RTTNews) – UniCredit Group (CRIN.DE, UCG, UCG.MI) reported second quarter net profit of 2.9 billion euros, down 13.1% from a year ago. EPS was 1.94 euros, down 10.2%. Net profit was at 3.1 billion euros, ex Commerzbank related trading one-off. Total revenues were 6.5 billion euros, up 6.6%. Revenue rose 11% ex trading one-off, with…
A new generation of consumer social startups is emerging. From platforms focused on getting people to meet IRL to dating apps taking on Tinder or Hinge, startups are disrupting the digital social scene. Founders of these startups are tackling problems like loneliness, dating app fatigue, and general dissatisfaction with the current social media incumbents. Some…
Being a Micron Technology (MU +1.93%) or Sandisk (SNDK +2.52%) shareholder was fantastic from Jan. 1 to June 30 this year. During that span, Micron’s stock rose 304%, while Sandisk’s rose 858%. Many investors wait decades for returns like that, yet these two delivered those results in just six months. However, as soon as the…