Amazon shareholders are having a good day. The e-commerce juggernaut added more market value in one day than that of more than 400 individual companies in the S&P 500. Amazon shares surged more than 13 percent to an all-time high midday Friday, a day after it reported better-than-expected earnings. The […]
FAN Editor
Tesla nears bear market territory, and it could get a lot worse
Tech stocks are soaring, but there’s one name that’s noticeably absent from the recent rally: Tesla. Shares in the electric-car maker fell 2 percent on Friday after reports that production of the Model 3 would be delayed. Tesla’s stock has been on a precipitous decline since hitting a high last […]
Grambling State University freshman arrested for murder of 2 shot dead on campus
A Grambling State University freshman has been arrested in connection with the shooting deaths of two men on the school’s northern Louisiana campus this week, the university said. Grambling State University freshman Jaylin Wayne, of St. Louis, was arrested and charged with first-degree murder for the killings of Earl Andrews, […]
Goldman: 7 stock picks to ride $1.3 trillion of corporate growth spending next year
A simple stock-picking strategy based on buying companies that invest the most for growth will outperform the market, according to one top Wall Street firm Goldman Sachs recommended that investors buy stocks of companies that have high levels of spending on capital expenditures, R&D, and acquisitions. “Investors have rewarded companies […]
Major storm bearing down on East Coast
A major coastal storm is expected to blow through the Northeast Sunday into Monday, arriving exactly five years after Superstorm Sandy devastated the area. On Saturday, the storm system — which is expected to be significantly less powerful than Sandy — is forecast to spread heavy rain across Florida, after […]
iRobot Stock Upgraded After Earnings Sell-Off: What You Need to Know
Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope. Continue Reading Below Thursday was not a fun day […]
How to Figure Out How Much Income You’ll Have in Retirement
One of the biggest challenges in planning for retirement is knowing how much money you need to save up in order to have enough income as a senior. For most retirees, the bulk of their income comes from Social Security benefits and retirement savings accounts. If you can figure out […]
The Latest: Dems call for probe into Whitefish contract
WASHINGTON – The Latest on questions surrounding a $300 million contract for Puerto Rico’s power grid (all times local): Continue Reading Below 12:25 p.m. Congressional Democrats are asking the inspector general at the Department of Homeland Security to investigate a $300 million no-bid contract awarded to a tiny Montana company […]
ANALYSIS: Catalonia’s fateful independence vote was spurred by Spain’s rigidity
They did it. Catalonia’s regional parliament voted this afternoon to secede from Spain. The vote in the 135-seat parliament was 70 yes and 10 no with two blank ballots. Members of three pro-Spain opposition parties, after bitterly attacking the independence resolution, boycotted the motion and walked out of the chamber […]
Tech shares are this bull market’s most important stocks right now
Technology is the most important industry for stocks today, indicating that blowout earnings from giants such as Microsoft could be good for the market. Shares of Google parent Alphabet, Microsoft and Intel soared nearly 6 percent or more in Friday trading after reporting solid quarterly earnings that came in well […]