If you were watching the financial news on July 31, when the second-quarter earnings results caused a 10.1% slide in Advanced Micro Devices (NASDAQ:AMD) stock, then you’ll understand why investors are nervous about this well-known chipmaker. A single day saw a $3.76 billion reduction in the company’s market cap, and nobody wants to catch a
0 Comments
Lots of issues facing markets across all asset classes Markets rarely move in a straight line – Will gold be different? A bumpy ride higher on the horizon Last week, the gold market did what it has been doing consistently since June. The price of the yellow metal rose to another new multiyear high. On
0 Comments
The struggles continue for Intel (NASDAQ:INTC). Just as investors thought the company finally turned the corner, disappointing earnings reports have dashed both the hopes for and the price of Intel stock. Source: JHVEPhoto / Shutterstock.com Intel has seen its share of setbacks recently. AMD (NASDAQ:AMD), the company once regarded as “little brother” during the PC
0 Comments
With Federal Reserve Chairman Jerome Powell slated to give remarks at the Jackson Hole, Wyoming summit later this week, it would not be surprising to see some sluggish days for stocks leading up to that event. Such was the case Tuesday. Source: Pavel Ignatov / Shutterstock.com The meeting minutes of the Fed’s July meeting are
0 Comments
Amazon’s (NASDAQ:AMZN) market value is likely to climb over $1 trillion within the next two quarters. Right now, AMZN stock is worth $886 billion. That’s down 7.7% from late July when it announced its second quarter results, but impressive nonetheless. In fact, Amazon is making so much free cash flow that it will easily reach
0 Comments
United States equities are on the slide Tuesday as traders react to reports President Donald Trump is considering a payroll tax cut as a way to juice the economy. The New York Times added that a reversal of trade tariffs against China and other nations was another possible option. The White House has downplayed both
0 Comments
The key to investing is buying good stocks. Sounds simple enough, right? If it’s so simple, why isn’t everyone a great investor? Because what constitutes “good stocks” to buy is widely debated across the entire financial media landscape. Are the best stocks to buy cheap stocks, with price-to-earnings multiples below the market average multiple? Are
0 Comments