Month: May 2019

Over the past six weeks, Disney (NYSE:DIS) stock has rewarded shareholders well. On Apr. 11, prior to Disney’s  investor day presentation, Disney stock price closed at $116.60. The next morning, DIS stock gapped up to open at $127.91. Finally, on Apr. 29, DIS stock reached an all-time high of $142.37. Year-to-date, Disney stock is up 22%.
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It’s not supposed to be a great month for stocks. Over the course of the past 70 years, June has lost ground about as often as it has gained ground, while the average performance for the S&P 500 for the coming month is actually a small loss. And, given the market’s May so far, following
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U.S. equities are mostly higher in post-holiday trading on Tuesday, as investors are looking for stocks to buy. They’re largely shrugging off a litany of concerns such as a falling long-term Treasury rates, U.S.-China trade tensions, Italian debt worries, and the rise of populist political parties in Europe following over-the-weekend elections. Instead, investors seem to
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Alibaba Group Holding Limited (NYSE:BABA) is reported to be considering raising $20 billion through a second stock listing in Hong Kong, Bloomberg reported Tuesday morning. The September 2014 BABA stock initial public offering on the New York Stock Exchange was the biggest in history. Source: Shutterstock The move by Alibaba could come as soon as
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With nothing more than a passing glance, marijuana company Aurora Cannabis (NYSE:ACB) doesn’t look terribly different than peers and rivals, like Tilray (NASDAQ:TLRY) or Canopy Growth (NYSE:CGC). Cannabis is cannabis. A closer, second look at the company, however, makes clear that an investment in ACB stock is considerably different than an investment in other marijuana
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Facebook CEO Mark Zuckerberg has held talks with his old rivals the Winklevoss twins as the social media giant plans to launch its own cryptocurrency, the Financial Times reported Thursday. Facebook has held talks with the cryptocurrency exchanges Gemini, which was founded by the Winklevoss twins, and Coinbase, the report said, citing sources. The company
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General Electric (NYSE:GE) stock, once among the most boring names in the Dow Jones Industrial Average, is now facing constant danger. Source: Shutterstock It met earnings guidance for the first quarter but its asset sale to Danaher (NYSE:DHR) may be in trouble. Fears over its pension liability may be overblown but it has a grim future.
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