|Day Low/High||1,316.16 / 1,333.92|
|52 Wk Low/High||977.66 / 1,333.54|
Microsoft's Cloud business is making big wins, and how to interpret Larry Kudlow 's Phase One China trade comments.
When businesses such as Google Maps, Waymo and the Google Cloud Platform get valued on their own, the valuation given to Google's main profit engines looks fairly cheap.
Despite stories of questionable use of health care data, my concern with GOOGL is technical: We need a retest of $1,250 to $1,275 before we can move significantly higher.
Let's review the long-term bullish case for this FANG stock.
At this juncture, the charts and indicators are still bullish.
Plus, we preview Wednesday's Trump-Erdogan meeting and check out AbbVie's huge debt offering as well as the new Abode-Microsoft connection.
* The recent reduction in my social media stock exposure reflects the likely continued acceleration in attacks (legal, legislative and regulatory) on these companies as we approach the November 2020 election * The perception among investors of a mor...
Plus, a glance at news about Disney+, Boeing's 737 Max and Alphabet's "Project Nightingale."
Google's Project Nightingale exemplifies the headline risk facing big-cap tech names.
Another day in which the market bent a bit but didn't break: * At 3:30 p.m. market breadth is moderately negative (1,288 advancers, 1,677 decliners). * Bonds were virtually unchanged after the schmeissing last week. * Gold -$5/oz and crude oil -$0.3...
A reminder that I recently: * (Reluctantly) pared back my very large positions in Citigroup , Bank of America and Wells Fargo to medium in size * Eliminated Facebook * Reduced from very large to medium in size in Alphabet and Amazon
China honors November 11 with an e-commerce extravaganza due to set one-day sales records. However, China's stock markets take a hit due to Hong Kong 'hitch.'
While Google reported another strong quarter for its ad business, Expedia and TripAdvisor both posted Q3 earnings misses that were partly blamed on Google Search changes.
* The market's highs were made early and the low was made late - demonstrating some exhaustion. * Breadth steadily decayed as the day progressed (At 3:30 pm 1330 advancers, 1630 decliners) See Bob Farrell's remarks on breadth! * The key feature of t...
With the help of a swelling R&D budget, Microsoft has been investing a lot lately in offerings that connect or integrate key products and services.
The RMPIA's 3.8% jump even beat the Nasdaq Composite Index's 3.7% October climb.
Banks are standouts today along with the Bobbsey Twins, Alphabet and Amazon . I continue of the view that the large money center banks provide the single best reward v. risk opportunity of any S&P sector over the intermediate term - in an overvalue...
Most of these names are smoke and mirrors, with the elusive profit objective often years away.
Let others wait and see if someone comes in with a better offer than Alphabet's bid for Fitbit; this value investor is taking his profit and leaving the table.
During a talk with TheStreet, long-time Smartsheet CEO Mark Mader argued his firm's workflow automation platform still has a lot of headroom to displace manual business processes.
If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.
While its smartwatch business is struggling, Fitbit's fitness tracker and health services businesses are faring better.
Market breadth has reversed recent strength - at 2-1 negative. Former market leaders (e.g., Amazon Alphabet , and the banks) are struggling - and I wouldn't be surprised to see more near term weakness. If we see another day or two of this momentum...
EPYC processor revenue and unit sales jumping more than 50% have paced the way for AMD.
The maker of wearable fitness devices has seen its stock sprint higher on the buyout news after languishing this summer near multi-year lows.