Why the Yellen and Fed Rate Hikes Are Favorable — With More Hikes to Come!
If you were under the belief that the underlying economy was not yet strong enough to support an interest rate hike, note that the Federal Reserve has raised interest rates.
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Year: 2017
All Year: 2017 Articles
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Counterfeit Hoverboard Battery Could Cost Amazon $30 Million
Amazon faces a $30 million lawsuit related to Nashville home destroyed by a fire caused by counterfeit lithium-ion battery on a hoverboard sold by an Amazon reseller.
Why Netflix Is Looking to India and Germany to Drive Growth
Netflix is continuing to press new highs as more and more consumers are adopting its streaming platform as part of their lives.
Why Credit Suisse Is Growing More Bearish on Intel
Although many see Intel's acquisition of Mobileye in a positive light, one key analyst slashed its price target on Intel and downgraded the stock.
Apple iOS Snagged 42% of US Market During Holiday Season
Apple upped its U.S. market share over the recent three-month holiday period to nab 42% of smartphone sales. Android-based devices still lead in overall sales, but sales dipped year-over-year.
Wednesday’s Biggest Biopharma Movers
The broad markets are inching forward on Wednesday after hitting new highs in what has been known as the Trump rally. Although the SPDR S&P Biotech ETF (NYSEMKT: XBI) is up about 1% on…
Pace of Wage Growth Quickens as Minimum Wage Rises
In the 17 states and the District of Columbia where minimum wage rates were raised last year, wages grew more than twice as fast as in states where minimum wages were unchanged.
ProPetro Closes in on IPO
ProPetro expects to price 20 million shares in the range of $16 to $19 per share for an initial public offering valued up to $437 million.
Crude Oil Prices Hold Gains After Inventory Report
The U.S. Energy Information Administration reported a drop of around half a million barrels in the country's crude oil inventories. Prices showed little change and held on to a gain of about 2%.
Top 4 Earnings Reports to Watch on Thursday
Most companies have already reported their most recent earnings, but there are still a few stragglers left. 24/7 Wall St. has put together a preview of some of those companies reporting their latest results…
US Cities Want to Buy $10 Billion Worth of Electric Vehicles
While President Trump travels to Michigan Wednesday to announce a review of the Obama administration's rules on fuel economy and emissions, 30 U.S. cities want to buy $10 billion worth of electric vehicles to…
Merrill Lynch Very Positive on Large-Cap Dividend Tech Stocks Now
Where are the best opportunities after an eight-year bull market run? The best ideas may be the simplest: stick with big, established companies that pay dividends.
Is Valeant Finished Now That Ackman Is Out of the Picture?
Valeant Pharmaceuticals shares hit a multiyear low on Tuesday after it was announced that Bill Ackman would be selling off his stake in the company and stepping down from the board.
How a Fed Interest Rate Hike Affects Your Savings Account
A positive aspect of interest rate increases is that banks will be paying more to savings account owners. Here are some times on how to get more benefit out of rising interest rates.
Top Analyst Upgrades and Downgrades: Apple, Finisar, Intel, Netflix, Occidental, Snap, Agilent and More
The include top analyst upgrades, downgrades and initiations seen on Wednesday Apple, Finisar, Intel, Netflix, Occidental Petroleum, Snap and Agilent Technologies.