Month: December 2018

The collapse of the cryptocurrency market has created an unexpected glut for semiconductor stocks. This took the industry from shortage to surplus overnight. An ongoing trade war with China has further compounded the problem as uncertainty surrounded this growth market. As a result, one-time high flyers in the industry have suffered huge losses as investors
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Often, when analysts or bloggers talk up the potential of marijuana stocks, the focus is on the consumer side of the industry. But some of the best stocks in the pot sector may be medical marijuana stocks. Indeed, it’s on the medical side where growth likely is to be largest in the near term. Canada
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It’s time to get defensive. The Nasdaq is now in a bear market, with investors fleeing the tech sector. That’s down to mounting worries over slowing economic growth. “Investors should increase portfolio defensiveness given our forecast for heightened risk and fat tails,” Goldman Sachs analyst David Kostin told investors recently. A fat tail is Wall Street
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The U.S. stock-market selloff started in October. But Chinese stocks have been tumbling all year long, due to slowing economic growth and concerns about rising trade tensions. At the top of the list of losers is once high-flying-Chinese-internet giant Tencent (OTCMKTS:TCEHY) stock. The company, which is often dubbed the Facebook (NASDAQ:FB) of China, but is
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Check out the companies making headlines after the bell: Aphria shares soared more than 20 percent during after-hours trading Thursday as Green Growth Brands announced it would launch a takeover bid for the company. Green Growth Brands is a marijuana retailer and Aphria is one of the largest Canadian cannabis companies in the world. P&G
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The troubles facing Snap (NYSE:SNAP) and SNAP stock continue to increase. The company has failed to develop successful products aside from its core Snapchat app. In 2018, its financial losses mounted, many of its executives departed, and fewer users logged on to Snapchat. As a result, SNAP stock is now flirting with penny-stock status. These circumstances,
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Turmoil in Washington, D.C., has caused unnecessarily drastic declines in the stock market in recent weeks, UBS’ Art Cashin told CNBC on Friday. “I think we lost maybe a couple of thousand points that we didn’t need to because of the disruptions that we saw,” including the ongoing government shutdown and President Donald Trump’s attacks
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