Month: February 2019

This morning, Square (NYSE:SQ) stock initially dropped before quickly reversing course. The payments processors reported fourth-quarter numbers that were largely above expectations, but included a mixed guide. Investors were initially disappointed by a weak Q1 profit guide. But they shrugged that off, and instead focused on an above-consensus full-year 2019 revenue and profit guide. Consequently, SQ
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It’s another choppy session on Wall Street as investors react to better-than-expected fourth-quarter GDP data and try to interpret continuous trade-deal headlines that keep crossing the wire. All the while, individual stocks continue to put together big-time moves. Let’s look at a few top stock trades to get see which are standing out the most.
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[Editor’s note: This story was previously published in November 2018. It has since been updated and republished.] No investment strategy suits all the people all the time. This is particularly true for young investors in their 20’s and 30’s. Youth not only has social advantages; it can provide significant margin for your portfolio to grow.
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Check out the companies making headlines after the bell: L Brands shares fell more than 8 percent in extended trading after posting mixed fourth-quarter earnings and weak full-year guidance. The retail company posted $4.85 billion in revenue, compared to the $4.88 billion forecast by analysts. Earnings per share were $2.14, beating Wall Street’s expectation of
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Wall Street loves to use acronyms to group together stocks to buy through a common theme. The most famous of these acronyms is FANG, or Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). FANG was coined by Jim Cramer in 2013 to represent the future of the digital economy through the world’s four
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President Donald Trump’s financial statements are here — and they likely only tell part of the story on his wealth. Michael Cohen, the president’s former personal attorney, testified before the House Oversight Committee on Wednesday, and provided the committee with a number of documents, among which he said were copies of Trump’s financial statements for
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Federal Reserve Chairman Jerome Powell sidestepped a verbal hand grenade in his Congressional testimony on Tuesday. Sen. John Kennedy, R-LA, asked Powell where he stood on recent trial balloons to restrict the ability of corporations to buy back stock. Powell reflected for a moment and said that the allocation of capital has always been left
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The Trump administration and the Federal Reserve together could spark a “shock and awe” rally in stocks that would take the S&P 500 to the 3,000 level, according to J.P. Morgan executive director. “The ‘shock and awe’ upside scenario involves rescinding all US-China tariffs instantly, causing certain tariff-sensitive firms to raise 2019 guidance, while the
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After several months of aggressive posturing and painful tariffs, the trade war may finally reach a positive resolution. Recently, President Trump announced substantial progress had occurred in talks with his counterpart, Chinese President Xi Jinping. With this news, investors can choose to dial up the risk-reward ratio with cutting-edge tech stocks. While the thorniest issue
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