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Monthly Archives: February 2018

EXPE, FEYE, NVDA, ZG & more

David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, chief executive officer of Nvidia Corp. Check out the companies making headlines after the bell Thursday: Expedia stock plummeted over 18 percent in extended trading. The travel company’s financials fell below expectations on top and bottom lines, with revenue just …

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The chart points to big plunge for small-caps, says one technician

The U.S. markets are reeling, and it’s about to get worse for one group of economically sensitive stocks. The Dow, S&P 500, Nasdaq and Russell 2000 are on track for their worst weekly losses in about two years, according to Todd Gordon of TradingAnalysis.com, who says the charts are pointing …

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Here’s what happens to the market during major periods of rising rates

The stock market is plunging on rising interest rates worries, but perhaps investors shouldn’t be so concerned. A stronger-than-expected jobs report and wage number on Friday sent interest rates higher, sparking a sharp 6 percent sell-off in the S&P 500 over two trading sessions. The market is dropping again Thursday. …

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News Corp earnings Q2 2018

Andrew Burton | Getty Images News | Getty Images Robert Thomson, CEO of News Corp, celebrates at the opening bell of the NASDAQ stock exchange in 2014. News Corp. is scheduled to report fiscal second quarter earnings after the close Thursday. Here’s what Wall Street expects: EPS: 19 cents expected, …

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US crude heading back to the mid-$50s, says energy hedge fund founder

U.S. crude oil is poised for a rapid decline into the mid-$50 per barrel range, according to John Kilduff, founding partner at energy hedge fund Again Capital. U.S. West Texas Intermediate crude fell below $61 on Thursday, nearly wiping out the year’s gains and extending an oil price rout into …

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Bin Laden killer and Navy SEAL O’Neill says Trump parade is bad idea

Luke Sharrett | Bloomberg | Getty Images Robert O’Neill, a former U.S. Navy SEAL, speaks at the ‘Best of Blount’ Chamber of Commerce awards ceremony at the Clayton Center for the Arts in Maryville, Tennessee, U.S., on Thursday, Nov. 6, 2014. The former Navy SEAL who claims to have killed …

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Here’s why the stock market is in turmoil

There’s a not-so-quiet rebellion going on in the bond market, and it threatens to take 10-year yields above 3 percent much faster than expected just a few weeks ago. As a result, the bumpy ride for stocks could continue for a while. There are some powerful forces at work, with …

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Trump cuts an Obama-era office for improving federal technology

Andrew Harrer | Bloomberg | Getty Images U.S. President Donald Trump speaks as he meets with county sheriffs during a listening session in the Roosevelt Room of the White House in Washington, D.C., U.S., on Tuesday, Feb. 7, 2017. President Donald Trump has cut an office created by President Obama …

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‘Flawless’ white diamond could fetch over $33 million

Nick Ansell | PA Images | Getty Images A model holds a 102.34 carat white diamond, described as the rarest white diamond ever to come to market, at Sotheby’s in New Bond Street, London, ahead of its private sale at Sotheby’s Diamonds retail boutique and is expected to fetch in …

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Analyst downgrades Twitter to sell rating, says earnings report ‘hardly a game-changer’

David Paul Morris | Bloomberg | Getty Images Jack Dorsey, co-founder and chief executive officer of Twitter. An analyst at a small research firm told his clients Twitter shares have gone up way too far. Twitter shares jumped 17 percent Thursday after the social media company reported a net profit …

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