Latest Nasdaq Composite News and Updates
Why Are Tech Stocks Dropping and Will They Rebound?
What’s Leon Cooperman’s Largest Position?
Alphabet reported its 3Q17 earnings on October 26, 2017. The company posted EPS (earnings per share) of $9.57, which beat analysts’ estimates of $8.33.
Why T-Mobile’s Service Revenues Continue to Rise in 1Q17
T-Mobile (TMUS) once again led the industry in year-over-year service revenue percentage growth in 1Q17. This marks the 12th consecutive quarter that TMUS has led the industry in this metric.
Verizon Aims Higher with Yahoo Acquisition
After 11 long months of uncertainty and many negotiations, Verizon (VZ) has completed its $4.5 billion acquisition of Yahoo’s core Internet assets. Let’s look at what’s in store for the US telecom space.
Potential Dangers: Twitter and Fake News
Twitter (TWTR) is considering rolling out a feature that could empower its users to report misleading or deceitful news stories, according to a Washington Post report.
Why Do T-Mobile’s Service Revenues Keep Rising?
T-Mobile (TMUS) once again led the US wireless sector in YoY (year-over-year) service revenue percentage growth in 3Q17.
Why AT&T Is Eyeing Market Share in Mexico
Mexico has been a huge success story and should be a long-term value creator for AT&T (T).
Is $30 for Crude Oil Coming?
US crude oil (USO) (OIIL) (USL) (DBO) futures contracts for May delivery closed at $48.24 per barrel on March 21, 2017.
Apple Ranks 4th in China while China’s Smartphone Shipments Fall
China’s (FXI) smartphone market saw its first annual decline in 2017, according to research firm Canalys. Total shipments declined 4.0% in 2017 to 459.0 million units.
ADI’s Plan for a High Gross Margin in Slow Quarters
Analog Devices’ fiscal 1Q17 revenues will likely see seasonal declines, and this seasonality is something that it can’t escape.
Natural Gas Prices Driving Chesapeake Energy Stock in 2017
Chesapeake Energy’s (CHK) 2016 debt management efforts included a combination of debt exchanges, open market repurchases, and equity-for-debt exchanges.
How Did Markets Respond to April Jobs Data?
Non-farm payrolls in April showed a marginal improvement compared to March.
Can AT&T Continue Its Earnings Growth in 3Q17?
AT&T (T) will report its results for 3Q17 on October 24, 2017. Wall Street analysts are expecting the company’s earnings to increase in 3Q17.
Analyzing Sprint’s Distribution Strategy in Fiscal 2017
In its quarter ended March 31, 2017, Sprint (S) reported total revenues of ~$8.5 billion, compared to ~$8.1 billion in March 2016.
How Intel’s Restructuring Might Impact Profitability in 2017
Intel’s non-GAAP gross margin was almost flat at 63.2% in fiscal 2016. The company expects the margin to remain flat at around 63.0% in fiscal 2017.
How Volatility Is Affecting Market Movement
The CBOE Volatility Index rose 0.6% in March 2018.
When Could AMD’s Losses Turn to Profit?
AMD slips back to losses in fiscal 1Q17 Advanced Micro Devices (AMD) reported a 1% sequential revenue decline and its gross margin expanded between fiscal 1Q16 and fiscal 1Q17. However, the company slipped back to operating losses in fiscal 1Q17 after reporting operating profits in fiscal 4Q16. AMD’s profits are largely driven by volume sales, […]
Election Over, Market Still Undecided
We know the nation is politically divided, and now the market is showing us its split personality as well.
Why George Soros Compares Facebook and Google to Casinos
Billionaire investor George Soros recently shared his views on social media companies Facebook and Google.
Will Micron and Samsung Continue to See High DRAM Prices in 2018?
Micron Technology (MU) is moving fast in both the DRAM (dynamic random access memory) and NAND (negative AND) space.
Why HP Inc. Is Optimistic about Its Long-Term Growth
HP Inc. has valued its total available market (or TAM) at $560.0 billion.
Intel Responds to Competition from AMD with Coffee Lake
Responding to increasing competition, Intel is set to launch the eighth-generation Coffee Lake Core i7-8700K processor.
How Might Micron’s NAND Business Perform in Fiscal 2018?
Micron was mainly focused on DRAM (dynamic random-access memory) until 2016. However, the appointment of Sanjay Mehrotra as Micron’s CEO brought renewed focus on NAND.
Hewlett Packard Enterprise Stock Reacts to Earnings, CEO Departure
The US-based (SPY) Hewlett Packard Enterprise (HPE) announced its fiscal 4Q17 results on November 21 and reported revenue of $7.8 billion for the quarter, which ended in October 2017.
Why Marc Faber Thinks These Stocks Are Vulnerable
Facebook, Amazon, Netflix, and Google returned nearly 388%, 345%, 1,157%, and 217%, respectively, in the last five years.
US Indexes Fell Sharply—Is a Trade War with China in the Offing?
On March 22, 2018, President Trump announced the imposition of retaliatory tariffs on up to $60 billion on China’s imports.
February’s Inflation and Retail Sales: Impact on the Economy
Key important US indicators released last week are US inflation and US retail sales.
Juniper Networks’ Services Revenues Rose in 2Q17
Juniper Networks’ (JNPR) Services business segment generated revenues of $392 million in 2Q17, a rise of 9% year-over-year.
Apple Watch Business Will Be Interesting to Watch in 2018
Apple (AAPL) and its partner AliveCor scored an important milestone in the final weeks of 2017 in their push into the multibillion-dollar digital health market.
Qualcomm Compares and Contrasts Android and iPhone X Features
Qualcomm and iPhone X in the limelight Just hours before Apple (AAPL) was set to unveil its new slate of smartphones, Qualcomm (QCOM) published a blog post on September 11, 2017, comparing the features on the rival smartphones. In particular, the blog post stated that the new features that Apple would highlight for its new iPhone […]
How Much Does Twitter Rely on Advertising?
In 3Q17, Twitter generated advertising revenues of $503.0 million. In that quarter, the company generated total revenues of $590.0 million.
Miller: Bond Bear Market to ‘Propel Stocks Significantly Higher’
Legendary value investor Bill Miller has an optimistic view on the equity market.
How Apple Views Fiscal 1Q18
In fiscal 1Q18, Apple expects revenues of $84.0 billion–$87.0 billion with a gross margin of 38.0%–38.5%.
Gundlach on Higher Yield: Watching the Copper-to-Gold Ratio
Billionaire investor and bond guru Jeffrey Gundlach also shared his view on bond yields in an interview with CNBC.
Gener8 Maritime Partners: Fourth-Best Performer in 2018
Gener8 Maritime Partners’ YTD returns were -10% as of April 5, 2018. Gener8 Maritime Partners is the fourth-best performer among its peers YTD.
US Consumer Sentiment at 13-Year High: How Will It Impact Market?
The University of Michigan Consumer Sentiment Index has risen to 100.7 so far in October 2017 compared to 95.1 in September.
Will the Energy Sector Enter a Bear Market?
On March 23, 2017, US crude oil futures contracts for May delivery closed at $47.70 per barrel—an ~0.7% fall over the previous trading session.
Ripple Crosses $1 for the First Time on December 21
For the first time in history, the price of ripple has surpassed $1.
Sell-Off in US Stocks as US Treasury Yields Soar
On October 3, US bond yields (BND) soared due to a bond sell-off. The sell-off continued on October 4, though at a slower pace.
Could Crude Oil Prices Fall to $40 in April 2017?
OECD commercial crude oil and other liquids inventory days of supply could rise in April, possibly pushing oil prices back near $40.
Potash on the Barrel: Prices for Five Major Producers
On average, potash prices for these five producers fell ~33% YoY in 4Q16. Excess supply and weak demand added downward pressure.
Will George Soros’s Position in IWM Provide a Strong Return?
According to the recent 13F filings, Soros Fund Management has increased its position in the iShares Russell 2000 ETF (IWM) by 36% in 1Q17 compared to the previous quarter.
PotashCorp: Analyst Recommendations, Price Target for February
PotashCorp reported diluted EPS (earnings per share) of $0.07 for 4Q16, which missed analysts’ estimate of $0.09 per share.
Dollar Index Has Been Falling since Start of 2017
On a year-to-date basis, the dollar index has fallen nearly 9.5% as of August 2, 2017.
How the Latest Tariffs Could Affect US Businesses and Consumers
Both US (SPY) (IVV) businesses and consumers are expected to be negatively affected by the most recent round of trade tariffs.
Understanding NetApp’s Key Drivers in 2017
In fiscal 3Q17, NetApp’s Strategic Solutions business accounted for 65.3% of its net product revenues, and its revenues rose 13% QoQ.
Midstream Stocks: How Returns Affect Implied Volatility
Teekay LNG Partners (TGP) stock has risen 37.9% in the past year as of March 20, 2017.
How Bill Ackman Is Taking Shelter from a Potential Market Drop
Bill Ackman, an activist investor and the CEO of Pershing Square Capital Management, shared his views on how geopolitical risk could affect market movement (SPY) in a CNBC report.
How Does George Soros View Facebook?
Facebook posted a net profit of $4.7 billion in 3Q17, an increase of 79% YoY year-over-year.
Whiting Petroleum Stock Changes Track, Shows an Upward Trend
Whiting Petroleum stock has returned -25% since the beginning of 2017. It’s underperformed the Energy Select Sector SPDR ETF, which has seen a return of -8.2% during the same period.
Crude Oil Falling to $30? Which Oil-Weighted Stocks to Avoid
On March 27, 2017, WTI (West Texas Intermediate) crude oil May futures closed at $47.73 per barrel, ~0.5% lower than their previous closing price.
Analyzing DHT Holdings’ Performance in 2018
DHT Holdings’ (DHT) YTD returns were 1.1% as of April 5, 2018. DHT Holdings is the only crude tanker company with a positive YTD return.
Markets Tumble, Gold Shines as Trump Cancels North Korea Meeting
In a classic Donald Trump move, the president wrote a letter to North Korean leader Kim Jong-un to cancel their planned meeting in Singapore next month.
Goldman Sachs on Facebook: Annual Sales Growth to Improve 32%
Goldman Sachs estimated that Facebook’s annual sales growth could improve by 32% from 2016 to 2019.
Why the US Non-Farm Payroll in May Has Many Concerned
The US May jobs report indicated weak improvement in the US labor market.
Semiconductor Stocks Have Soared on Blockchain Technology
Despite recent declines, the SMH ETF has risen over 41% in the last 12 months. Meanwhile, NVIDIA has risen a whopping 186.7% in the same period, while AMD has returned 15.5% in that period.
Why Phosphate Matters: Margins Among the Biggest Producers
The median gross margin for these companies’ phosphate segments was 14%, as a percentage of segment sales in 4Q15.
Jurrien Timmer’s Take on What Will Drive Markets the Most in 2017
When asked in a recent interview his thoughts about the short-term and medium-term investment story, Jurrien Timmer said that the main issue for the market other than geopolitical risks is its valuation.
Will the Rebound in Oil Prices Be Short-Lived?
On December 26, US crude oil active futures settled at $46.22 per barrel—8.7% higher than the lowest closing level since June 21, 2017.
Chesapeake Energy Stock: What’s Holding It Down?
Chesapeake Energy (CHK) stock has fallen ~26.0% since the beginning of 2017.
Tsakos Energy Navigation: Fifth-Best Performer in 2018
Tsakos Energy Navigation’s (TNP) YTD returns were -12.8% as of April 5, 2018. Tsakos Energy Navigation is the fifth-best performer among its peers YTD.
Is It a Bull Trap for Natural Gas Traders?
In the past five trading sessions, natural gas April futures have risen 1%, closing at ~$3.01 per MMBtu on March 22, 2017—2.7% lower than the prior session.
Why Gundlach Believes the Bond Market Is Set Up for a Rally
Prominent bond investor Jeffrey Gundlach discussed the bond market’s performance and his expectations for the bond market in a recent interview.
Why David Einhorn Is Betting against Amazon
On a YTD (year-to-date) basis, Amazon has returned nearly 40% as of November 3, 2017.
What to Look For in ArcelorMittal’s 4Q16 Earnings Call
During ArcelorMittal’s 4Q16 earnings call, the markets will be waiting for the company’s fiscal 2017 guidance.
What’s Making Wall Street Weak?
Last week, US crude oil May futures fell 2.7%, and natural gas April futures rose 4.3%. The broad market S&P 500 Index fell 1.3%.
David Tepper Discussed the Equity and Bond Market
Tepper thinks that the bond market’s (BND) performance is a good indicator to analyze the equity market’s (QQQ) performance.
Alibaba, Counterfeit Goods, and Brand Rights
Alibaba has developed an initiative called Brand Rights to enhance its brand protection efforts. Trade in counterfeit goods was estimated to reach ~$1.8 trillion in 2015, according to the International Anti-Counterfeiting Coalition.
This Is Driving HP’s Personal Systems
HP Inc.’s (HPQ) Personal Systems PC Group reported revenues of $8.2 billion in fiscal 1Q17, which rose 10% YoY.
Warren Buffett Added Apple Stock in 3Q17
According to a recent 13F filing, Warren Buffett increased Berkshire Hathaway’s (BRK-B) stake in Apple (AAPL). On a year-to-date basis, the stock has returned nearly 46% as of November 15, 2017.
How Hewlett Packard Enterprise Is Increasing Shareholder Value
By the end of fiscal 3Q17, HPE had returned $107 million to shareholders in the form of dividends and $625 million through share repurchases.
What Matters Most to Seagate in 2017
In calendar 2017, Seagate expects to see revenue growth in 80% of its storage product revenues.
US Services PMI Unchanged: Will It Affect the Service Industry?
US Services PMI in October The October US services PMI (purchasing managers’ index) report indicates no change in service activity in the United States (QQQ) (SPY) in October 2017. The US services PMI stood at 55.3 in October, showing no change from September. The PMI level didn’t beat the preliminary market’s expectations of 56.0. The […]
Have US Equity Indexes Made Oil’s Fall Sharper?
The Technology Select Sector SPDR ETF (XLK) rose 2%. XLK was the outperformer among sector-based SPDR ETFs.
Google Faces Pressure in the EU and United States
The European Commission fined Google (GOOGL) ~$2.7 billion, on Tuesday, June 27, for abusing its monopoly.
Why GoPro Is So Optimistic about HERO5
Although GoPro missed revenue estimates in 4Q16, it was still the firm’s second-best-performing quarter in revenue, primarily driven by HERO5 sales.
How Will the API’s Crude Oil Inventories Impact Crude Oil Prices?
On February 7, 2017, the API will release its weekly crude oil inventory report. A rise in crude oil inventories could pressure US crude oil prices.
What Makes Cypress’s IoT Portfolio Stand Out?
IC Insights estimates that the IoT semiconductor market will reach $30 billion by 2019. Cypress is looking to tap this market through product innovation.
Over 50% of Analysts Recommend ‘Buy’ for NetApp
NetApp (NTAP) stock has returned 69% in the last 12 months, -2.3% in the last month, and -5.5% in the last five days.
What’s Mario Gabelli’s View on AT&T-Time Warner Deal?
On a year-to-date basis, AT&T stock has fallen nearly 15.3% as of November 22, 2017.
US Manufacturing Activity Weakened in August: Is Danger Ahead?
The August final US manufacturing PMI (purchasing managers’ index) stood at 52.8 as compared to 53.3 in July.
Mario Gabelli: Market Has ‘No Margin of Safety’
In a recent interview, Mario Gabelli shared his views on market movement and ETF performance, crude oil, the infrastructure sector, and various stock picks.
Wireless Service Revenue Trend of the Top Telecom Players
Wireless service revenue is a stable revenue stream that’s common to wireless carriers such as Verizon (VZ), T-Mobile (TMUS), AT&T (T), and Sprint (S).
What T-Mobile Expects for 2017
T-Mobile (TMUS) continues to provoke the wireless telecom sector, offering innovative service plans and customer benefits every few months rather than just competing on price.
Why Mark Cuban Is Optimistic about the Technology Sector
Billionaire Mark Cuban has a great love for technology stocks. He believes that the technology sector (XLK) has the potential to provide strong growth in the economy.
Euronav: Third-Best Performer among Crude Tanker Stocks
Euronav’s (EURN) YTD (year-to-date) returns were -9.2% as of April 5, 2018. Euronav is the third-best performer among its peers on a YTD basis.
Does Improving US Manufacturing Mean a Stronger Business Climate?
September’s final US manufacturing PMI stood at 53.1, compared to 52.8 in August. It met the preliminary market expectations of 53.
What’s the Outlook for T-Mobile for the Rest of 2017?
T-Mobile (TMUS) continues to challenge the wireless telecom industry with innovative service plans and new benefits rather than simply competing for price.
Sprint’s Top Priorities for 2018
Analysts expect Sprint’s (S) earnings to rise in fiscal 2017, which ends on March 31, 2018. Sprint is expected to lose $0.02 per share in fiscal 2017 compared to a loss of $0.30 per share in fiscal 2016.
What Factors Could Drive Inphi’s Earnings in the Long Run?
BAC raised Inphi’s current target price to $46, which is an 18.0% upside from the closing price on Monday, October 9, 2017.
Why CLF and U.S. Steel Were Part of Market Bloodbath Yesterday
Cleveland-Cliffs (CLF) stock plunged 6.7% yesterday due to rising risks from trade war concerns.
Why Frontier’s Revenue Fell in 3Q17
Frontier generated total revenue of ~$2.3 billion in 3Q17, a fall of ~10.8% on a YoY basis and a fall of ~2.3% on a sequential basis, but in line with the consensus estimate.
What Analysts Recommend for NetApp
Of the 27 analysts covering storage technology (QQQ) company NetApp (NTAP), 13 gave it a “buy” recommendation, two recommended a “sell,” and 12 recommended a “hold.”
Cooperman on the Market: Insights from the Delivering Alpha Conference
Legendary investor Leon Cooperman shared his view on the market, oil prices, and his favorite stock picks at the conference on September 12.
How Amazon Keeps Growing
Amazon.com (AMZN) posted its fiscal 3Q17 numbers last week, handily beating its earnings and revenue estimates.
What Can We Expect from Verizon’s Wireless Revenue in 1Q17?
The falling trend in Verizon’s wireless service revenue is expected to continue in 1Q17. In 4Q16, Verizon generated wireless service revenue of $16.3 billion.
A Look at Facebook’s Virtual Reality Ambitions
According to Canalys’s forecasts, only 2 million virtual reality headsets were sold worldwide in 2016, with Facebook’s Oculus selling only 400,000 units.
A Look at CenturyLink’s Dividend Yield and Outlook
CenturyLink (CTL) stock was at $13.16 on December 24. This is down 0.23% from the previous session. However, CenturyLink generates robust free cash flow.
How to Trade a Broken (looking) Market (Hint: Carefully)
It’s easy to be early after a correction I always get pretty excited during a stock market correction, assuming I have positioned correctly with cash on hand. This market showed so many signs of toppiness, extreme optimism, and high valuations that hopefully many investors at least were selling the highly valued names they owned. My […]
Why did tech stocks like Twitter sell off on July 8, 2014?
Although the Dow Jones Index fell 0.7%, the tech-heavy NASDAQ (IXIC) index fell 1.4%. This was the second big tech stock sell-off in 2014.