Fears of Amazon appear overblown as companies that fretted competition went on to beat market

Of the 65 S&P 500 components that mentioned Amazon during fourth-quarter 2017 earnings calls, 35 have outperformed the broader market. The outperformers aren’t just high-flying tech names like Netflix: Kohl’s, Starbucks and Pfizer have all posted strong gains better than that of the S&P 500. Just this week, Walmart showed […]

» Read more

Skechers surges 16% after 'a year of record sales' and strong guidance

Skechers provided a first quarter 2019 earnings forecast well above Wall Street’s expectation. The shoemaker also had record sales of $1.08 billion in the fourth quarter. Skechers stock rocketed 16 percent higher in trading Friday after the shoemaker gave strong profit guidance for the quarter ahead while reporting better-than-expected fourth-quarter […]

» Read more

Disney shareholder: I like the stock because all kids 'almost automatically' become customers

Disney’s ability to bring new generations of families into its ecosystem sets up the company and its stock for years of success, says money manager Bill Smead. “You’re getting a great risk-reward ratio right now,” contends the founder of Smead Capital Management, which owns about $80 million worth of Disney […]

» Read more

Mnuchin says Trump's economic plan is working and 'we're not going back to socialism'

Treasury Secretary Steven Mnuchin said Wednesday morning that President Donald Trump’s economic plan is working and took a shot at what his party sees as a growing fascination with socialism among lawmakers on the left. “The U.S. economy is doing terrific,” Mnuchin said from the White House. “And as the […]

» Read more

New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill

During the first week of the new year, two U.S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies. Now after some deliberation, New Hampshire’s House Subcommittee unanimously approved the state’s bitcoin for taxes bill. New […]

» Read more

The Importance of Risk Management and Psychology When Trading Crypto

In 2017, as crypto mania escalated, we witnessed extreme cases where individuals decided to make huge bets on bitcoin. Some liquidated all their assets and invested their life savings. Most of these investors were subsequently gored by the same bull that had led them and then rekt during the ensuing bear […]

» Read more

Crypto Startups Push Swiss VC Investments to a Record $1.25B

Startups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is home to the country’s Crypto Valley, is among the cantons with the highest growth in investment volume, a new report reveals. […]

» Read more
1 2 3 247