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October 28 Is Best Trading Day Of Year Statistically, Kicks Off Best 6 Months For S&P 500
Wednesday, October 28, 2020 - 6:15am | 453Read More...If you’re reading this on October 28, you’ll be happy to know that today is statistically the best trading day of the year. The S&P 500 has posted the largest gain on October 28 dating back to 1950. What To Know: CNBC's Carl Quintanilla shared a chart from LPL Financial advisor...
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Facebook Lost $120 Billion In Market Cap: Here's Some Perspective
Thursday, July 26, 2018 - 3:00pm | 641Read More...Facebook, Inc. (NASDAQ: FB) plunged 19 percent Thursday after the company’s second-quarter earnings report. Incredibly, the earnings crash shaved more than $120 billion off of the company’s market cap in a matter of hours. Experts React Facebook’s disastrous day has been the talk...
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10 Financial Twitter Names To Follow In 2018
Friday, December 29, 2017 - 3:05pm | 1656Read More...It's that time of the year again. As we head in 2018, it's time to reassess your financial strategy and who you follow and where you are getting information plays an important role in your decision making, subconsciously or not. Twitter Inc (NYSE: TWTR) has emerged as a critical platform...
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The Case For Why Apple Should Buy Disney
Thursday, April 13, 2017 - 7:29am | 419Read More...Here's a thought: Apple Inc. (NASDAQ: AAPL) should use its giant trove of cash to acquire Walt Disney Co (NYSE: DIS). Sounds crazy, right? Not so much when considering this idea has been floated before but is now being given serious thought from Wall Street analysts. CNBC's Carl Quintanilla...
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Massive Layoffs In Retail May Be Approaching
Friday, April 7, 2017 - 8:41am | 751Read More...Reflecting the precarious existence of brick-and-mortar stores, Cowen Research said in a note it sees the possibility of closure of 2,000 stores in its universe alone, according to a tweet by Carl Quintanilla of CNBC. .@CowenResearch has an 80-page report on retailers, saying 2,000 stores may...
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How The Biggest Tech IPOs Traded On Their First Day
Thursday, March 2, 2017 - 11:46am | 525Read More...Snap Inc (NYSE: SNAP) is making its highly-anticipated market debut Thursday after the company’s IPO priced at $17, higher than anticipated. The public-market debuts of major Silicon Valley giants can be extremely unpredictable, but they are typically extremely volatile. Related Link: The...
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Trump Cheers The Market's Bull Run, But How Optimistic Are We?
Thursday, February 16, 2017 - 10:59am | 568Read More...On Thursday morning, President Trump took to Twitter to give himself a pat on the back for the stock market’s post-election bull run. The SPDR S&P 500 ETF Trust (NYSE: SPY) is now up 9.5 percent since Election Day and is trading at new all-time highs. The bull market has certainly picked...
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6 Biggest Foreign Acquisitions Of American Companies In History
Tuesday, February 14, 2017 - 10:20am | 393Read More...U.K. company Reckitt Benckiser Group plc has delivered the largest M&A deal so far in 2017 by announcing a $19 billion buyout of U.S. company Mead Johnson Nutrition CO (NYSE: MJN). According to CNBC’s Carl Quintanilla, the Mead Johnson buyout is the fourth-largest foreign buyout of a U.S...
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How The Market Performed The First Month Of Every Presidency Since Eisenhower
Monday, February 13, 2017 - 3:02pm | 459Read More...President Donald Trump hasn’t even been on office for a month yet, but he has already made a number of controversial policy decisions. Trump has announced that he will begin construction on the border wall with Mexico within months, he has instituted a 90-day travel ban from seven majority-...
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Top 10 S&P Stocks Of The Obama Presidency
Wednesday, January 11, 2017 - 10:34am | 491Read More...Outgoing president Barack Obama is almost hitting the homestretch of his presidency. Economically, Obama's tenure was characterized by steadiness, although lacking the verve of a buoyant phase. The performance can still be qualified as commendable, given the precarious situation the economy was in...
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Disney's Distribution Revenue Earns Stock Another Upgrade
Friday, January 6, 2017 - 8:56am | 284Read More...Shares of Walt Disney Co (NYSE: DIS) hit a new 52-week high of $107.62 on Thursday as investor attitude towards the media empire continues to improve amid a notable upgrade from Vijay Jayant of Evercore earlier this week. Jayant argued that Disney is well positioned to benefit from many macro-...
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The Dow At 20,000: Does It Mean Anything?
Wednesday, December 14, 2016 - 2:25pm | 663Read More...The post-election stock market rally has propelled the Dow Jones Industrial Average to new highs. Tuesday’s intra-day peak of 19,953.75 is just a stone’s throw away from 20,000. But does Dow 20,000 hold any real significance? El-Erian Weighs In Mohamed El-Erian, chief economic...
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Today The S&P 500 Could Do Something It Hasn't Done In 36 Years
Friday, November 4, 2016 - 2:47pm | 326Read More...After a shaky open on Friday, it looked like the S&P 500 could make a bit of history this week. Unfortunately, this is not the type of record that investors enjoy breaking. Going into Friday’s session, the S&P 500 had fallen for eight consecutive days. The index hasn’t had a...
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Argus Analysts: Beware August, The Rally Killer
Wednesday, August 3, 2016 - 9:49am | 323Read More...For some, August marks the beginning of the end of summer. For others, August is time for back to school shopping. For many investors, however, August is also a rally killer month. According to analysts at Argus Research, the current "unsettled environment" in the stock market also happens to be "...
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August Has Been A Bumpy Ride For The Stock Market Lately
Monday, August 1, 2016 - 12:43pm | 296Read More...It’s very difficult to say which direction the stock market will head in any given month. However, if recent history is any indication, investors should buckle their seat belts in the month of August. As CNBC’s Carl Quintanilla pointed out on Twitter, the S&P 500 has moved...
