Month: June 2019

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: J.P. Morgan Chase, Goldman Sachs, Citigroup — Shares surged more than 2% after the Federal Reserve said all major U.S.-based banks passed the central bank’s annual stress
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Snapchat’s owner, Snap (NYSE:SNAP), arguably sold SNAP stock to the public too early. Source: Shutterstock The evidence to support such a theory is the steep selloff SNAP stock suffered following its IPO in March 2017. Unable to effectively tangle with Facebook (NASDAQ:FB) or Twitter (NYSE:TWTR) , SNAP had fallen 70% below its initial public offering
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We’re halfway through the year at this point and while things aren’t looking awesome, they look pretty good. Consumer spending continues to rise, inflation remains low and even the trade war hasn’t seeped into the economy too much. So, why am I looking at seven F-rated stocks to sell for summer? Because all this balances
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The Dow Jones Industrial Average rallied 7.2% this month, notching its best June performance since 1938. The S&P 500 posted its best first half of a year since 1997, soaring 17.3% and reaching an all-time high. Semiconductor ETF (SMH) notched biggest one-month gain since September 2010. Gold surged more than 7% in June, its biggest
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Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
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