|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||55.16 / 56.44|
Recent earnings reports from IBM, Intel and others suggest cloud infrastructure demand is still taking a heavy toll on IT hardware sales. That is, outside of one market.
Wearables, the iPhone 7, virtual reality, cybersecurity spending and Twitter each confounded expert predictions this year. What should investors take away from all this?
Both private equity firms and tech companies have shown a willingness to make 10-figure enterprise acquisitions. The fervor appears far from over.
GNC shares spike on reports that the company is in talks to be acquired by a Chinese firm.
Investor enthusiasm for many security tech stocks has died down since last year. While earnings season could bring more volatility, some contrarian plays arguably exist.
It's a pretty broad spectrum, but they've definitely arrived.
There's room enough for everyone, including Cisco and IBM.
Our optimistic upside target is the round number of $100.
These data will indicate if things are going to perk up or if we are in for more warnings.
Do your research on the underlying companies, especially during earnings season.
What I'm trading this morning. I have sold the balance of my Imperva (IMPV) for a great gain in three trading days. I have added to the Direxion Daily Small Cap 3x Bear (TZA) long.
Let's take a look at the overnight and early-morning price action in the major asset classes. The rundown: S&P futures are down 12; Nasdaq futures are down 15; The Nikkei is closed; The China Shanghai is up 0.4%; The European markets are flat; The e...