Tag: market

Finance Tech

How Advanced Automation Generates Higher Profits for Financial Services

December 7, 2018

Via: Aberdeen

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]

Finance Tech, Trading

The big market rebound may not come before another scary test of the October lows

November 15, 2018


Wall Street has been waiting for a year end rally, but some strategists say it’s more likely the market will see more selling before staging a real comeback. Investors have been counting on the fact that midterm election years are […]

Finance Tech, Trading

Here are the post-election stock-market winners in the Dow, S&P 500 and Nasdaq

November 8, 2018

Via: Market Watch

Midterm elections historically lead to stock market rallies, regardless of the results. Wednesday was no exception when there was a late-day rally in marijuana stocks adding icing to the cake. The Dow Jones Industrial Average DJIA, +2.13% rose 545 points, […]

Industries, Retail & Wholesale

Target shares rise after Cowen upgrades the stock, raises price forecast to $100

November 7, 2018


Target rose in premarket trading Wednesday after Cowen analysts said the retailer had strong momentum and the opportunity to gain market share selling toys and other children’s merchandise. The analysts upgraded the shares to outperform from market perform and raised […]

Enterprise, Finance Tech, Industries, Trading

Apple shares have gotten slammed, but one technician calls this a ‘terrific opportunity’ to buy

November 6, 2018


Apple has long been a market darling, but it’s gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in […]

Finance Tech, Trading

Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade

October 31, 2018


Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On October 31, 2008 bitcoin was born — and in the past […]

Finance Tech, Trading

US stock indexes jump following big gains in Europe

October 29, 2018

Via: ABC News

U.S. stocks are jumping Monday morning as the market rapidly changes course once again. Technology companies are climbing, with open-source software company Red Hat surging after IBM agreed to buy it for $34 billion in stock. Internet and media companies […]

News, Trading, Uncategorized

Tesla slips after Elon Musk announced lower-cost Model 3 (TSLA)

October 19, 2018

Via: Business Insider

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]

News, Trading, Uncategorized

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

October 18, 2018

Via: CNBC Finance

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]

Industries, Others, Uncategorized

This Is What the Fastest Growing Emerging Economies Have in Common

October 17, 2018

Via: Fortune

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]