The U.S. stock market is trading in negative territory this morning, with the Nasdaq suffering the worst of its peers so far. Weighing on the tech-heavy index are sharp drops from iPhone maker Apple Inc. (NASDAQ:AAPL) and graphics card developer NVIDIA Corporation (NASDAQ:NVDA), after Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) warned of weak demand for […]
By Sruthi Shankar (Reuters) – Wall Street slid on Thursday morning, weighed down by a broad-based slump in technology stocks from Apple to chipmakers as well as a tumble in consumer staples such as Procter & Gamble. A warning from Taiwan Semiconductor (TSMC), the world’s largest contract chipmaker and an Apple supplier, on soft demand […]
By Amrith Ramkumar Apr 19, 2018 9:24 am ET Here are some of the companies with shares expected to trade actively in Thursday’s session. Stock movements reflect premarket trading. Amazon.com—Up 1.3%: The e-commerce giant reported that more than 100 million people globally are now paying for Amazon Prime, a sign of how it has used the […]
Amazon (AMZN) CEO Jeff Bezos released his annual letter to shareholders last night. Bezos did a lot of bragging. From here, it looks to this investor that a lot of bragging was in order. This company is crushing it. We already knew that. Oh, but I mean Amazon is crushing it. The number that pops […]
LONDON (Reuters) – Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher. FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy […]
Check out the companies making headlines before the bell: Procter & Gamble – Procter & Gamble earned an adjusted $1 per share for its third quarter, 2 cents a share above estimates. Revenue also exceeded forecasts. Its beauty and homecare businesses were among the units that did well during the quarter. Separately, the consumer products […]
(Reuters) – U.S. stock index futures edged lower on Thursday, as the effect of higher oil prices was offset by declines in chipmakers, following a weak forecast from Taiwan Semiconductor, the world’s largest contract chipmaker. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2018. REUTERS/Brendan […]
Technology Focus: Income Opportunities An April covered call on GOOG at strike $1072.50 using 300 shares is offering an income potential of $1,950. In May, a strike 1075.00 covered call offers $10,290 and in June, a strike 1075.00 covered call offers $12,630 in premium. The annualized return by writing covered calls in April is 222.65%, […]
(Note: The author of this fundamental analysis is a financial writer and portfolio manager. He and his clients own shares of NXPI.) Qualcomm Inc.’s (QCOM) bullish analysts may be dreaming, expecting shares of the chipmaker to rise by 25% based on average analysts price targets. But options traders are betting share of the stock fall, […]
As the market charges ahead into corporate earnings reporting season, one team of analysts on the Street has highlighted a handful of stocks it sees as set to perform the best amid a pricey U.S. stock market, as outlined by CNBC. While a fresh wave of volatility broke the nine year bull market in January, […]
