President Donald Trump‘s entourage on his trip to Asia includes a pair of natural gas executives, a sign that the White House is eager to build on progress earlier this year to ship more of the fuel to China. Natural gas demand in China is rising and poised to boom […]
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Trump’s China trip is a test for US natural gas exports and his ‘America First Energy Plan’
President Donald Trump‘s entourage on his trip to Asia includes a pair of natural gas executives, a sign that the White House is eager to build on progress earlier this year to ship more of the fuel to China. Natural gas demand in China is rising and poised to boom […]
Bitcoin surges 11% to record above $7,800 after developers call off plans to split digital currency
Bitcoin jumped 11 percent Wednesday after the developers behind an upcoming split in the digital currency through an upgrade called SegWit2x announced they were suspending plans for the upgrade. The digital currency hit a record high of $7,879.06, according to CoinDesk. Bitcoin in the last 24 hours Source: CoinDesk “Our […]
ETF wars heat up as more asset managers try to compete
Traditional money managers are racing to sell their own exchange traded funds as investors continue to pour money into a business that has been dominated by a handful of giant fund companies. “The industry is following the flows. Passive strategies and smart beta are gaining market share and no one […]
Qualcomm shares will climb even without Broadcom: RBC analyst
Even if Qualcomm declines Broadcom’s $103 billion buyout bid, shares of the chipmaker still have plenty of ways of climbing higher over the next year, according to one Wall Street analyst. RBC Capital Markets upgraded Qualcomm shares to outperform from sector perform Tuesday, with a $70 price target, noting that […]
Defense stocks are a top trade since Trump’s election — here are the other winners and losers
It’s been exactly one year since President Donald Trump was elected and investors in defense stocks have benefited greatly. The aerospace and defense industry has risen more than 40 percent since Nov. 8, 2016. The only two industries that have outperformed defense are computers and peripherals and semiconductors. Of the […]
Charts show more record highs are ahead for Amazon shares: Technical analyst
Amazon hit yet another all-time high Tuesday, and TradingAnalysis.com founder Todd Gordon says the charts are hinting the e-commerce giant could soon reach a new milestone. “You can see that [Amazon has made a very nice uptrend in 2017],” the technical analyst said Tuesday on CNBC’s “Trading Nation.” “And if […]
Amazon shares are breaking out. Here’s how much higher it could go
Amazon hit yet another all-time high Tuesday, and TradingAnalysis.com founder Todd Gordon says the charts are hinting the e-commerce giant could soon reach a new milestone. “You can see that [Amazon has made a very nice uptrend in 2017],” the technical analyst said Tuesday on CNBC’s “Trading Nation.” “And if […]
Oprah makes $50 million on Weight Watchers on Tuesday, bringing total haul to nearly $300 million
Media magnate Oprah Winfrey is raking it in on her stake in Weight Watchers. The company’s shares were up nearly 20 percent Tuesday after the diet company reported better-than-expected earnings and raised its outlook, bringing Winfrey’s potential profit to roughly $300 million over two years. Weight Watchers stock is up […]
Oprah makes $39 million on Weight Watchers on Tuesday, bringing total haul to nearly $300 million
Media magnate Oprah Winfrey is raking it in on her stake in Weight Watchers. The company’s shares closed up more than 13 percent Tuesday after the diet company reported better-than-expected earnings and raised its outlook, bringing Winfrey’s potential profit to roughly $300 million over two years. Weight Watchers stock is […]