The world today looks most analogous to the late 1930s, Ray Dalio, the founder of Bridgewater Associates, told my Bloomberg Opinion colleague Barry Ritholtz on Monday.That’s a bit foreboding, to say the least. READ MORE...
Two years after the U.S. Federal Trade Commission sued Qualcomm Inc., unleashing a series of existential challenges to the company’s business model, the chipmaker is about to get its chance to square the record. Lawyers for the regulatory agency and the company are set to begin presenting arguments on Jan. 4 in a 10-day non-jury trial over claims that Qualcomm is abusing its strength in the market for smartphone components to force Apple Inc. and others to pay inflated license fees.READ MORE...
Shares of PG&E Corp. PCG 11.18%, the embattled California utility, have shed a stunning 70 percent of their value this year as the company is considering bankruptcy amid facing $30 billion in liabilities from the 2017 and 2018 California wildfires. READ MORE...
Does this mean investors should be adding exposure to the small-cap group?These two pros debate. READ MORE...
Choosing how and when to take your Social Security benefits is one of the most important financial decisions you will ever make. Social Security benefits have many nuances, though, and the choices you make can radically alter the benefits you ultimately receive. READ MORE...
As auto makers roll out ever more sophisticated features to make your daily commute easier, the upgrades are also making your new car more vulnerable to cyberattacks, according to a new report. READ MORE...
Bloomberg Opinion) -- It can be tough to keep track of all the industries in which Amazon.com Inc. wants to spread its tentacles.There are groceries and health care and business computing and banking and entertainment and advertising and gadgets for the home and — oh, shopping.  READ MORE...
For years, rumors have been building of Amazon.com's (NASDAQ: AMZN) intentions in logistics and delivery.The company has added fulfillment and logistics services to the list of competitors in its 10-K report, and has unveiled a program called Amazon Shipping, whereby the company picks up and delivers other shippers' packages. In recent earnings calls, CFO Brian Olsavsky has also begun talking more about the company's ambitions in logistics. READ MORE...
No matter how well a company seems to be doing, an unexpected shock can send its stock price plummeting.And regardless of how sure you might be that a beaten-down company will simply fade away, a turnaround strategy can lead to a huge rebound in its stock price. READ MORE...
Dollar Tree  reported fiscal-second-quarter earnings that surpassed analysts’ estimates. For the quarter ended Aug. 1, the discount chain’s net income came in at $261.5 million, or $1.10 a share, compared with the year-ago quarter’s $180.3 million, or 76 cents.Analysts surveyed by FactSet had expected earnings of 92 cents a share. Revenue rose to $6.28 billion from $5.74 billion, compared to analysts’ forecast of $6.22 billion.  Dollar Tree’s comparable sales grew +7.2%. The company experienced a 1.8-percentage-point boost in gross-profit margin.  Tickeron's analysis shows DLTR in Uptrend: 50-day Moving Average broke above 200-day Moving Average on July 27, 2020 A buy signal is indicated by this change in price, due to the trend repositioning higher.
Tiffany   returned to positive earnings in the fiscal second quarter, following its first quarter loss.  The luxury goods company’s earnings came in at $31.9 million, or 26 cents a share, lower than the year-ago period’s $136.3 million, or $1.12. Second-quarter revenue plunged -29% year-over-year to $747.1 million ; but that’s an improvement from the -45% year-over-year drop in the first quarter ended April 30.
Splunk reported a second-quarter loss of -$261.3 million, or -$1.64 a share, wider than the year-ago quarter’s loss of -$100.9 million, or -67 cents a share. The adjusted loss of - 33 cents a share, was in line with FactSet's forecast. Revenue of $491.7 million, fell short of the $520.4 million expected by analysts polled by Factset.In 41 of 47 cases where SPLK's MACD histogram became positive, the price rose further within the following month.
Abbott Laboratories unveiled a $5, 15-minute coronavirus test that was given an emergency approval from the U.S. government. The healthcare and medical device company’s portable antigen test, is to be called BinaxNOW.In 49 of 79 cases where ABT's Momentum Indicator exceeded 0, its price rose further within the subsequent month.
Operational improvements in 2020 around sales volume was “well ahead of our previous expectations,” he wrote. However, Gong did express concerns over what he perceives is Nio’s “elevated” valuation.“Limited visibility on growth, execution and competition mean a wide range of outcomes are still possible,” Gong noted. Tickeron's analysis shows :  NIO's Aroon indicator reaches into Uptrend on August 20, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.
Salesforce  posted second second-quarter earnings that exceeded analysts’ expectations.The odds of a continued Uptrend are 67%. The Aroon Indicator entered an Uptrend today.
For Tesla it was the fact that company’s market cap had exceeded the market cap of Walmart (WMT). When I saw the news on Apple, one of the first things I did was look up when the company exceeded $1 trillion in market cap.That info jumped out at me because September ’18 was when we saw volatility start to increase and then we saw the huge selloff in the fourth quarter that year. I did an interview with S&P Global on the matter last week with Anna Akins.
The maker of agricultural machinery also boosted its full-year outlook. Deere’s adjusted earnings for the three months ending August 2 came in at $2.57 per share, compared to analysts’ expectation of $1.25 per share.The figure is, however, -8.5% lower from the same period last year.  Revenues fell -11% year-over-year to $8.925 billion, exceeding analysts' forecasts of $6.703 billion. Looking ahead, the company’s outlook into the end of the 2020 fiscal year sees worldwide agriculture and turf equipment sales declining -10% from last year's levels, a less pessimistic outlook than its prior guidance.
The shares will be distributed  on August 28. A company's stock split has often led to the share price rising, as many investors view the split a sign of confidence in the company’s prospects.According to Credit Suisse analysts, the S&P 500 inclusion could lead to 'significant' additional of around 18 million shares ( which is around 10% of its outstanding total) from passive investors and fund managers that track the benchmark. According to Tickeron, TSLA's Aroon indicator reaches into Uptrend on July 22, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.
The most actively traded software ETF is the iShares North American Tech-Software ETF (NYSE: IGV).Five of the companies set to report are among the top 10 holdings in the IGV. Looking at the Tickeron scorecard we see that the overall group ranking is a “strong buy”.
  For the three months ended Aug. 1, the off-price department company’s loss came in at -18 cents a share, compared to loss of -10 cents that Factset analysts had expected.In the year-ago period, it raked in profit of 62 cents. The company’s revenue fell -32% year-over-year to $6.67 billion, compared to the FactSet analyst forecast of $6.55 billion. TJX had cash of $6.6 billion as of  the end of the quarter. During the second quarter, TJX paid off the $1 billion it drew from its revolving-credit facilities in March 2020. According to Tickeron, TJX's 10-day Moving Average broke above its 50-day Moving Average on August 10, 2020 This price move may be construed as a buy signal, indicating that the trend is shifting higher.
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