The comparison between Snap (NYSE:SNAP) and Facebook (NASDAQ:FB) is inevitable. Snap went public this past Thursday, and the stock has been up 65% from the IPO price of $17/share in a matter of days. Meanwhile, the Menlo Park company went public in May 2012 and, unlike Snap, its IPO (priced at $38/share) struggled to gain traction in the early days. FB’s shares lost about half their market....More>>>
The U.S. economy is expected to strengthen next year, in part because of the government stimulus proposed at by President-elect Donald Trump, but job growth is likely to slow as the recovery approaches its eighth anniversary, according to a recent survey of economists.
The economy is projected to grow at a 2.3% annual rate in 2017, up from an estimated 1.6% this year, according to the average....More>>>
William Patalon III
We’ve been prophesizing that drones are going to be a big, big business for years.
This is a market that continues to beat forecasts time and time again.
And the bullish sentiment hasn’t slowed down…
Last May, I told you about a brand-new PricewaterhouseCoopers (PwC) report that said the worldwide market for commercial drone....More>>>
As top Republicans see it, a medical malpractice crisis is threatening U.S. health care: Frivolous lawsuits are driving up malpractice insurance premiums and forcing physicians out of business. Doctors and hospitals live in fear of litigation, ordering excessive tests and treatments that make health care unaffordable for Americans.
That’s why Republican House Speaker Paul Ryan and....More>>>
Pork and beef prices at the grocery store are headed higher. That means your annual holiday roast will likely cost more this year. And while that's bad news for your grocery bill, it's actually great news for traders. Let me explain… Livestock prices bottomed last month. And that means we could be looking at big returns over the next couple years. The....More>>>
Platinum prices in 2017have been outperforming the broader market, making the precious metal a worthy investment.
The price of platinum has gained 9% this year from $905.70 on Dec. 30, 2016, to $987.60. These returns top the Dow Jones Industrial Average’s gain of 4.1% over the same period.
What’s more, Money MorningResource Specialist Peter Krauth predicts the platinum....More>>>
With the stock market now entering its ninth year of an epic bull run, and share prices at all-time highs, many investors are worried that dividend stocks, growth stocks — all stocks! — are trading at highly overvalued levels and set for a market crash.
Source: Rafael Matsunaga via Flickr
While corrections are inevitable, at the same time history shows....More>>>
Related DRYS Here We Go Again: DryShips In Another Rally 18 Biggest Mid-Day Gainers For Thursday The Resurrection Of DryShips (Seeking Alpha)
DryShips Inc. (NASDAQ: DRYS) newly appointed chief financial officer Anthony Kandylidis had a strong statement....More>>>
Related KERX Mid-Day Market Update: Conn's Drops Following Weak Q1 Results; Achaogen Shares Surge Mid-Morning Market Update: Markets Open Lower; Joy Global Profit Tops Expectations Keryx up 15% on disclosure of Klarman stake (Seeking Alpha) Related FOLD Amicus Therapeutics Gets European Commission Approval....More>>>
A Thought Provoking Conference
At the Bloomberg Intelligence Cannabis Trends & Legalization Implications Conference yesterday up on Park Avenue, there was a lot to talk about regarding the future of the cannabis industry. Given the recent state-level victories for cannabis legalization, as well as Donald Trump’s top pick for Attorney General, many industry attendees shared the same....More>>>
Related SF Worst Performing Industries For February 24, 2016 Earnings Scheduled For February 23, 2016 Related CIB Stocks Hitting 52-Week Lows Latin American ADRs Getting Slaughtered, Brazilian Real And Crude Continue To Tumble
The Dow fell 0.45 percent to 17,424.07, while the NASDAQ....More>>>
Ever since Warren Buffett has brought in Tedd Combs and Todd Weschler, investors were looking for signs of change, if any, in Berkshire’s approach to investing. And after a few years’ wait, the signs of change are appearing.In last few months, Berkshire has made acouple of investments which took the market by surprise. The first one was theinvestment in the technology giantApple (NSDQ:AAPL)....More>>>
The Office of Government Ethics normally uses its Twitter account to send bland updates about rules and regulations, barely noticed and sometimes weeks apart.
So it was a little unusual on Wednesday when the office issued a burst of enthusiastic tweets to cheer on President-elect Donald Trump.
The tweetstorm came after Trump promised, also on Twitter, to step away from the operations....More>>>
When Chrismukkah burst onto the holiday scene in the mid-2000s, a USA TODAY writer introduced it as the newest faux holiday that companies are using to make a buck this season.
A decade later, its still going strong as those who grew up among both holidays have embraced the pop-culture portmanteau. But with Christmas and Hanukkah coinciding for the first time since 2005, the fake holiday....More>>>
Bob Doll Explains How Stocks Could Be Derailed
Mercer Bullard: Think DOLs Fiduciary Rule Is Too Strict? Blame SEC
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
First JPMorgan Chase. Then Goldman Sachs. Now, Wells Fargo wants to charge into the biggest asset management battleground, exchange-traded funds.
The San Francisco-based bank’s fund unit....More>>>