With summer officially here, Americans are finalizing their travel plans for the July Fourth holiday. Major U.S. cities, and some international destinations, will attract the most travelers. From amusement parks, beaches, and golf courses, to museums, historical sites, and nightlife, there are plenty of options for Americans once they arrive.
The automobile services organization AAA predicts....More>>>
Did you know that Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) went skidding into the end of 2017? Some investors may not have noticed the underperformance in Google stock, as it stumbled up to and through the holiday trading periods. On Dec. 18, Alphabet stock leaped to new all-time highs, before declining for eight straight days to end the year.
The hot and soaring technology sector saw its worst day since Jun 9. The S&P 500 tech sector dropped 2.6% on Nov 29 as a result of sector rotation, especially to financials.
The dual news of Republicans moving closer to passing of the tax-reform legislation and accelerating U.S. economic growth raised the appeal of financial stocks. Investors flocked to these firms seen benefitting....More>>>
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Some stocks are expensive but work out well anyway due to exciting earnings growth. Other times the best way to make money is to simply buy shares which are temporarily undervalued due to unimpressive current results.
Just as Baozun (NASDAQ:BZUN), on which I wrote an article too, Momo (NASDAQ:MOMO) reported earnings last Monday after the market had closed. And just as Baozun, Momo stock fell hard the next day: 20%. That kind of dive is no pleasure for shareholders of the company, of which I am one.
On Seeking Alpha, I have a series on potential multibaggers. Momo was in the third installment,....More>>>
Walmart has a reputation for paying barely above the minimum wage to its hundreds of thousands low-skill floor employees.
But it pays a lot of money to attract and retain talent for its eCommerce division, where salaries for staff software development engineers can average as high as $151,666 a year, according to a recent Glassdoor survey.
It’s been a decent first half for stocks to buy. The Dow Jones Industrial Average is up 8% in the first six months. The S&P 500 Index is up only slightly more, at 8.5%. And the Nasdaq Composite has been the big performer, thanks to the FANG stocks — Apple Inc (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB), Netflix Inc (NASDAQ:NFLX) and Alphabet Inc (NASDAQ:GOOGL) — up....More>>>
Earlier this month, we asked if investors should buy Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) when it was above $1,000 per share. The short answer? No. It was best to wait on pulling the trigger for GOOGL stock. Friday proved that more than anything, with shares puking 3.4%. My reasoning was and still is simple: GOOGL stock was overbought.
It has been quite some time since I checked in on my buy call on United Parcel Service (NYSE:UPS). I will say that articles on this name are not read widely here at Seeking Alpha and I think that is a mistake. You’re missing out on profits. I am sure it is a company we are all familiar with. I initiated coverage on the stock with a buy and encouraged you to stick with the name and to add on....More>>>
Image source: Twitter, copyright Aaron Durand (@everydaydude) for Twitter, Inc.
When Twitter (NYSE:TWTR) released its third-quarter earnings results, it announced plans to lay off 9% of its workforce. The move was part of an effort to become profitable in 2017. Twitter lost $103 million in the third quarter and $290 million through the first nine months of the year.
The so-called “FANG stocks” have been an incredibly-well performing group. For those who don’t know, FANG consists of Facebook Inc (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc. (NASDAQ:NFLX) and Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) — formerly Google.
Why has this group been so successful? Despite a....More>>>
U.S. equities moved lower on Monday in relatively quiet trading, as investors focused on rising political risks at home and overseas.
Here at home, President Trump rattled the cages in Washington with an attack through Twitter Inc (NYSE:TWTR), accusing President Obama of wiretapping his phones during the campaign — echoing President Nixon and the Watergate scandal that....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.
Major offshore drilling stocks have had a great start to this year. Rowan (RDC), Diamond Offshore (DO), Transocean (RIG), Ensco (ESV), and Noble Corp. (NE) have all increased in price. The main driver for this price increase was the upside in oil prices. Brent oil (BNO) is now close to the psych