Month: October 2018

U.S. equities are surging higher thanks to a sharp rebound in large-cap tech stocks. Much of this comeback in the tech space can be placed on the post-earnings move in Facebook (NASDAQ:FB). But on a technical basis, a rebound was overdue for other tech stocks, with indicators such as the S&P 500’s Bullish Percent Index
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Dividend growth stocks have obvious appeal. After all, dividend investing is based on buying and holding a stock for the payouts. So if a company can consistently increase its distributions to investors over time, all the better. Unlike traditional growth investing, where you depend on a stock increasing in value based on profits or sales trends,
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Fitbit (NYSE:FIT) reports earnings after the bell tomorrow. The provider of health and fitness monitoring devices has seen its stock hammered amid competition from smartwatches made by Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Now, as the company reports its third-quarter earnings, investors will probably focus on signs that Fitbit stock can maintain its competitive moat.
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Facebook (NASDAQ:FB) bears have prophecized the end of the Facebook ecosystem for a while now. Over the past few months, they’ve been right — Facebook stock has shed 30% since mid-July on slowing revenue growth, user churn and regulation concerns. But Facebook’s third-quarter numbers, which hit the tape after the bell on Tuesday, refuted the
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In this strange moment for stocks, investors should hope to see bad news about the economy, CNBC’s Jim Cramer said Tuesday after the major averages traded sharply higher following weaker-than-expected economic data. “Bizarrely enough, the best thing for this market would be getting some disappointing news from the non-farm payroll report on Friday,” Cramer said.
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Check out the companies making headlines after the bell: Facebook shares initially fell, then turned positive and rose 2 percent in the extended session after the social media giant released a mixed third-quarter earnings report. The company reported earnings of $1.76 per share, higher than the Street’s $1.47 per share estimate. Facebook missed expectations on
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Apple (NASDAQ:AAPL) will report earnings after the bell on Nov. 1. Analysts expect the Cupertino, California-based consumer electronics giant to report improved earnings and revenue. This will also serve as the first earnings report since the latest iPhone release. Still, regardless of the numbers reported by the company, the case for owning Apple stock remains
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U.S. stock futures are trading slightly higher as the market tries to find its footing after Monday’s volatile trading session. The growing market correction reached a new low yesterday as the early morning strength once again gave way to weakness. One news item of note this morning is General Electric’s (NYSE:GE) announcement during its earnings
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Check out the companies making headlines after the bell: Akamai Technologies shares rose more than 4 percent in after-hours trading following a quarterly earnings report that beat expectations on the top and bottom lines. The Massachusetts-based technology company reported earnings of 94 cents per share, while analysts expected 83 cents per share. Akamai reported $670
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