If you had bought shares of Amazon.com (Nasdaq: AMZN) in April 2012, you'd be up 175%. That's an impressive return, especially considering the S&P 500 is only up roughly 50% during that
For months, I have been discussing the likely implications of deteriorating market breadth. For instance, fewer and fewer components are holding up the Dow, the S&P 500 and the NASDAQ. Only a small number of industry sectors are keeping the popular benchmarks in the plus column. Similarly, half...
Moments ago, Facebook reported Q2 earnings and just like Twitter, it beat across all key financial metrics: Revenues of $4.04 billion beat consensus $3.99 billion Non-GAAP EPS of $0.50 also beat consensus of $0.47 (GAAP EPS was a different story, at half the non-GAAP). Show More Summary
As we head into today’s Federal Reserve announcement, let’s quickly update our key levels on the “big three” US Stock Market indexes. We’ll start with the S&P 500 with clear level planning: Price once again rallied strongly away from the 2,065 target which is the rising 200 day SMA. The initial target – achieved in a single day [...]
Twitter (NASDAQ: TWTR) released Q2 2015 earnings on 7/28/15. The stock was up approximately 6% after hours until the company’s earnings call when CFO Anthony Noto admitted that Twitter’s user growth was not expected to improve anytime soon. Show More Summary
Stocks are rallying on Tuesday after a five-day streak of losses. Near 12:45 p.m. ET, the Dow was up 137 points, the S&P 500 was up 19 points, and the Nasdaq was up 33 points. On Monday, the Dow dropped to its lowest level in at least...Show More Summary
People around the world spent over $10 billion on beverages at Starbucks last year. In 2015, Starbucks Corporation (NASDAQ: SBUX ) is up almost 40% and hit an all time high. We did the work to help you put all those lattes into perspective. Drink up! Join the conversation about this story »
It all looked so awesome in the pre-open... thanks to the overnight PPT. But as soon as US equity markets opened, the selling began as Biotechs were hammered lower sending Small Caps plunging and Nasdaq into the red... Biotechs battered off the open... which sparked index selling... Perfect opportunity to BTFD we are sure... Charts: Bloomberg
PRESS RELEASE: (NASDAQ: AMZN) – Amazon today announced Amazon Launchpad, a new program that makes it easy for startups to launch, market, and distribute their products to hundreds of millions of Amazon customers across the globe. The program offers...
Despite Friday's fall BioTech is still up. After last week's major decline the Dow Jones is now negative for the year, the S&P 500 is only up 1%, but the iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) is up 24% YTD. The coveted BioTech ETF which trades under the ticker "IBB" has been a standout in 2015. Show More Summary
Dow Jones industrial average finishes at lowest level since February, while S&P 500 chalks up five-session losing streak for the first time since January. ||| New York - Wall Street sank on Monday, with the Nasdaq losing almost 1 percent...Show More Summary
Spencer Platt/Getty Images By Noel Randewich NEW YORK -- Wall Street sank Monday, with the Nasdaq losing almost 1 percent after the steepest decline in Chinese stocks in eight years increased concerns that cooling growth in the world's No. Show More Summary
Amazon (NASDAQ:AMZN) is already the largest e-commerce site in the world by overall visitors. However, the company’s ambitions extend far beyond selling physical and digital products — it wants to expand into the growing Internet of Things market. The Internet of Things, or IoT, connects everyday devices like home appliances, smartwatches, and cars with each […]
As a EDM powerhouse with a limited operating history, SFX was one of the most unusual companies to IPO on the Nasdaq at a billion dollar valuation. The company's proposed take private at a fraction of its IPO price, however, is proving even move odd.
After finishing off the worst week of the year on Friday, stock futures are getting slammed on Monday morning. Near 7:46 a.m ET, Dow futures were down 163 points, S&P 500 points were down 57 points, and Nasdaq futures were off 12 points. Show More Summary
Via Dave Lutz at JonesTrading, here's a guide to what traders are talking about after a huge sell off in Chinese stocks overnight. Good Morning! A sea of red overseas has the S&P extending last weeks’ 2.2% drop. Nasdaq off 60bp, S&P off 50bp as the commodity complex continues to cycle lower. Show More Summary
Six firms—Amazon, Google, Apple, Facebook, Netflix and Gilead Sciences—account for more than half of the $664 billion in value added this year to the Nasdaq Composite. That is raising concerns about the health of the market.
We may already be in a bear market and just not know it yet. The Nasdaq 100 hit an all-time high on Friday. It seemed time to pop the champagne and celebrate newfound riches. But what actually happened is that while the index hit a fresh...Show More Summary
Getty Images By Rodrigo Campos NEW YORK -- The S&P 500 and Nasdaq posted their largest weekly drop since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down...Show More Summary
While Amazon is up 17%, the Nasdaq party is being spoiled by the 17% collapse in Biogen following its aggressive guidance cut. As we noted previously, Biogen is the 4th most profitable biotech company and this 'scare' is weighing heavy on Janet Yellen's favorite short industry as the entire Biotech index is sliding. Show More Summary