Homebuilder stocks could see further upside, according to one strategist who sees a strong environment for the homebuilders despite a rough trading day on Thursday. Matt Maley, equity strategist at Miller Tabak, is watching homebuilder stocks closely following Wednesday’s U.S. housing starts data, showing that housing starts rose 8.3 percent to a seasonally adjusted annual […]
Read moreJim Cramer has noticed that there are times when investors decide that certain stocks are not worth owning regardless of their fates, and a lot of the time, it is because of Amazon. “Yet, as is so often with this market, you can’t really see the losses on the surface because the money simply rotates […]
Read moreMicrosoft’s collection of cloud apps for businesses have hit a new milestone. They now bring in more revenue than licenses for desktop Office apps and on-premises servers like Exchange. “For the first time, Office 365 Commercial revenue surpassed revenue from our traditional licensing business,” Microsoft chief financial officer Amy Hood said Thursday on the earnings […]
Read moreIt’s that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers’ favorite stocks at rapid speed: Adobe: “That’s a high-quality problem. [CEO] Shantanu Narayen is out there working for you every minute, and he’s working for my charitable trust. Sometimes I think, ‘Why can’t we own all […]
Read moreEBay on Thursday forecast that adjusted profit this quarter could fall below analysts’ estimates, as it continues to invest in marketing and in revamping its platforms to attract more shoppers, sending shares down more than 4 percent. San Jose, California-based eBay forecast third-quarter adjusted earnings of 46 to 48 cents per share. Analysts on average […]
Read moreSome investors wonder how the FANG stocks, Jim Cramer’s acronym for Facebook, Amazon, Netflix and Google, now Alphabet, can go higher without good news driving their runs. “Is their recent rally just the greater fool theory writ large, where you buy them today, confident that someone will pay even more for them tomorrow simply because […]
Read moreAfter KeyCorp’s second-quarter earnings beat Wall Street’s estimates, the stock declined over 3 percent on management’s somewhat tepid full-year guidance, so Chairman and CEO Beth Mooney wanted to clarify the company’s prospects and goals. “We see strength in our company, strong balance sheet, and I do believe, if there is some more clarity and some […]
Read moreJim Cramer has noticed that there are times when investors in the stock market decide that certain stocks are not worth owning regardless of their fates. “Yet, as is so often with this market, you can’t really see the losses on the surface because the money simply rotates from one place to another. It doesn’t […]
Read moreSamsung has officially sent out invitations for an Unpacked event on August 23rd in New York City, where it will presumably reveal the next Galaxy Note device. While Samsung hasn’t quite outright confirmed the Note 8 will make an appearance, the invitation pretty blatantly confirms it between the “Do bigger things” slogan and the image […]
Read moreAmazon is trying to boost its catalog by telling tens of thousands of marketplace sellers in the U.S. that it will buy their inventory at full retail price. In an email sent to sellers and obtained by CNBC, the Fulfillment by Amazon (FBA) team said that a new program is being rolled out where Amazon […]
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