|Day Low/High||142.17 / 148.55|
|52 Wk Low/High||87.56 / 174.68|
The lion's share of App Store revenue appears to be unaffected by Apple's policy change, which follows a lawsuit from Epic Games and multiple antitrust probes.
While valuations are clearly very high for many tech names, investor euphoria might not go away until news flow meaningfully worsens.
The prospects of dating site operator Spark Networks and chemical producer Olin Corp. should improve as the economy opens back up.
A long list of tech companies have taken advantage of favorable credit and/or equity markets in recent weeks.
If anyone is wondering why Facebook is wading into the world of online dating, a new report from the Pew Research Center should help clear things up. The report finds 30% of U.S. adults have at some point used a dating app or website, up from 11% in...
This unloved part of the market has frequently produced some of the biggest gainers within my personal portfolio over the years.
I expect PLNT to outperform over the next six weeks.
During a talk with TheStreet, CFO Glenn Schiffman talked about IAC's reasons for holding off on an ANGI Homeservices spinoff, as well as the differences between private and public valuations.
Many stocks need rest and small-cap earnings season is rocky, but that doesn't mean the indices are going to see significant downside.
Investors must understand that the narrative around trade with China has evolved as the two sides work on a 'Phase One' mini-trade deal, but this is about much more than that.
Many tech stocks sporting high valuations have been selling off in recent weeks, even as the rest of the sector generally holds up well.
But buying a straddle might be your best one, here's the game plan.
Prices are still in an uptrend, but the IAC's On-Balance-Volume line has been diverging from price for four months.
The market action is creating some mis-pricing in individual stocks. But if the market stays under pressure then stock picking will remain difficult.
The uptrend that technicians would have confirmed as late as last Wednesday, or even Thursday around mid-day, is now clearly a market in correction.
While regulators would face an uphill fight trying to fully break up tech giants, they could push for the companies to change their business practices in a number of areas.
These technology picks remain big favorites for the second half of 2019.
What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.
For those trading the FANG or FAANG names, and especially Facebook, Tuesday sets up as a day bearing exceptional levels of headline risk.
Let's see what the charts and indicators look like this morning.