An earlier version of this story included companies that are scheduled to report earnings on Thursday, not Wednesday. The errors have been corrected. SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Wednesday’s session are Google Inc., and Barnes and Noble Inc. Google GOOG, -3.01% GOOGL, -2.92% will
Month: December 2018
The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities. Blockchain Phone It started with Sirin Labs, whose pioneering
Crypto exchange Kraken is on a fundraising drive, offering “select” investors a chance to purchase stakes in the firm. CEO Jesse Powell confirmed to CoinDesk that his company is looking to tap a small number of clients for a fundraising round valuing the firm at $4 billion. “There is presently a limited time opportunity available
Thoughtful Blond Young Woman with Pouting Lips Holding Red Gift Box Against White Background.Getty In my monthly newsletter, the Forbes Real Estate Investor, I cover over 150 Real Estate Investment Trusts (or REITs) – with useful data, including recommendations that range from Strong Buy to Strong Sell. A few of my picks are referred to
People of color struggle more than their white neighbors to repay their car loans. In St. Joseph, Indiana, for example, 27 percent of people in predominantly nonwhite ZIP codes are delinquent on their auto debt, compared with just 3 percent in predominantly white ZIP codes. A new map by the Urban Institute traces auto delinquency
Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $3,700 since
Bitcoin’s (BTC) struggle to build a notable bounce could end if prices beat key resistance above $3,600. The leading cryptocurrency by market value fell to 15-month lows near $3,200 last week, pushing the 14-week relative strength index (RSI) below 30.00 for the first time since 2015. So, with bitcoin so extremely oversold, a recovery rally
Jerome Powell, chairman of the U.S. Federal Reserve. The future actions of the Fed will have a key impact on bond markets. Photographer: Andrew Harrer/Bloomberg We’re now firmly into a rising interest rate cycle in the U.S. With several bond metrics approaching extreme levels relative to recent history, here are a few things to be aware of, and
Share to facebook Share to twitter Share to linkedin Shutterstock Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.
Investors are often told to diversify and choose low-cost index funds or exchange traded funds (ETFs). Still, the S&P 500 Index is weighted by market capitalization and a volatile October emphasized how much risk was concentrated at the top. So what’s an investor to do? Mike Loewengart, E-Trade’s vice president for investment strategy, outlined ways
WASHINGTON — Expanding the uses for private activity bonds and enacting infrastructure legislation are the priorities that Rep. Steve Stivers, R-Ohio, will have in 2019 as the new GOP co-chair of the Municipal Finance Caucus. Stivers also plans to use the recruiting skills he honed in the 2017-18 election cycle as chair of the House
In this market, investors should opt for individual stocks instead of exchange-traded funds, which often lump together shares of companies with conflicting trajectories, CNBC’s Jim Cramer said Tuesday after a turbulent trading session. Using the technology sector as an example, the “Mad Money” host outlined the crosscurrents making the group particularly “complicated.” Apple’s stock has
The No. 1 risk to markets in 2019? It will surprise you. The company tasked with clearing and settlement for the financial markets is warning that “pockets of weakness” are starting to emerge across the financial system. Surprisingly, the biggest risk to markets going into the new year is the threat of a cybersecurity attack,
Check out the companies making headlines before the bell: DSW – The shoe retailer reported adjusted quarterly profit of 70 cents per share, above the consensus estimate of 51 cents. Revenue was also above forecasts, with comparable store sales up 7.3 percent compared to a consensus forecast of 4.6 percent. DSW also raised its full-year
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Bed Bath & Beyond Inc., GoPro Inc., and Nike Inc. After Wednesday’s closing bell, Bed Bath & Beyond BBBY, +0.57% reported quarterly earnings that fell short of analysts’ estimate. Shares fell 5.7% in after hours. GoPro
Customer loyalty is one of the cornerstones for every successful business, which is why it is no surprise that many businesses offer club memberships, frequent customer rewards and many other loyalty program incentives to their customers. However, the massive multitude of clubs and programs can be frustrating for customers to navigate, as they try to
The Gibraltar Blockchain Exchange (GBX), a subsidiary of the island’s stock exchange, is now providing insurance coverage for crypto assets listed on its platform. The firm announced Monday that it has partnered with a local provider called Callaghan Insurance to provide the policy to cover both hot (online) and cold (offline) wallets listed on the
Firefighters prepare to enter the Broadhurst Theatre on December 10, 2018.Personal Collection Despite slowing sales of Anastasia at the box office, the Broadhurst Theatre remains a hot venue. Several hours ago, a small fire broke out in the lower lounge of the Broadway theater. Deputy chief Joseph Ferrante and his team of firefighters from the New York
Homeowners in most places are still seeing their nest eggs get a little bigger, but the gains are shrinking quickly. The average homeowner with a mortgage saw a gain of $12,400 in home equity between the third quarter of last year and this year, according to CoreLogic. That includes price appreciation and paying down the
Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements. Bitcoin (BTC) Comeback The cryptocurrency community took a huge hit in mid-November when Bitcoin Cash miners started
A key long-term bitcoin (BTC) price indicator is reporting oversold conditions for the first time in almost four years. The widely followed 14-week relative strength index (RSI), which oscillates between zero to 100, is currently seen at 29.80 – a level last seen in January 2015. An asset or a cryptocurrency is considered to be
Shutterstock The interest rate on the 10-year Treasury is trending higher every month that goes by. The price of oil is trending higher every month as well. This has been the case for a while now and I’m surprised that, so far, the stock market mostly continues on as if little of that mattered. I’m
Shutterstock Wall Street is working on a new platform which will ease the trading, storing and spending digital assets. That’s bullish for bitcoin and other cryptocurrencies. It will help them gain acceptance among investors, merchants and consumers. Last week, Intercontinental Exchange (ICE) announced plans to form a new company, Bakkt, with the purpose to create
One of the fundamental components of Responsible Investing, particular those strategies with a focus on environmental, social and governance (ESG) factors, is diversity. While some may continue to struggle with diversity from a wholly moral perspective, one need not feel an ethical obligation toward diversity to see economic benefits from a financial perspective. One doesn’t
The Conference Board Employment Trends Index fell to 110.41 in November from 110.73 in October, the board said on Monday. On a year-over-year basis, however, the ETI remains positive registering a 4.4% gain. “The Employment Trends Index declined slightly this month and shows some moderation after reaching its highest point so far in August,” said
For investors scouring the increasingly volatile stock market in search of good investments, CNBC’s Jim Cramer suggested an under-the-radar name on Monday: Zuora Inc. “[CEO] Tien Tzuo delivered a good number,” in late November, Cramer, host of “Mad Money,” told a lightning round caller. “It’s just that this stock is just violently out of favor.”
J. P. Morgan’s Marko Kolanovic released his 2019 outlook this morning. He’s still overweight equities and underweight bonds, with projected earnings growth of 8 percent for the S&P 500 and a price target for the index of 3,100. He seems stumped about why there is such a disconnect between what he views as strong market
Check out the companies making headlines before the bell: Nutrisystem – The weight loss program company agreed to be bought by Tivity Health for $1.3 billion in cash and stock. Tivity, a provider of fitness and health improvement programs, will pay $38.76 per share in cash and a little over a fifth of a Tivity
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are DuPont, Nike Inc., and KB Home. DuPont US:DD : The chemical company late Thursday cut its second-quarter and full year profit outlook due to worse-than-expected performance of its agriculture unit. Shares fell 1.9% in extended trading.
The highly anticipated crypto-collectibles dApp, World of Ether (WoE), has officially launched its mainnet! World of Ether is LIVE!! Start exploring at https://t.co/gzqosL76JV pic.twitter.com/cxM9p7ZYyN — World of Ether (@WorldofEther) November 24, 2018 World of Ether World of Ether is a blockchain-based game that is centered around collecting, breeding, fighting, and selling monsters. The developers behind