Archives for June 2015

June 2015 - Page 22 of 25 - Money Morning - Only the News You Can Profit From

Why the Alibaba (NYSE: BABA) Stock Price Today Is Climbing

The Alibaba Group Holding Ltd. (NYSE: BABA) stock price today quickly climbed 0.8% to $91.41 around 10:00 a.m. The spike came after the company announced its film unit, Alibaba Pictures Group Ltd., will be raising an additional $1.57 billion.

According to The Wall Street Journal, Alibaba Pictures will be selling 4.2 billion new shares to raise the capital.

Here's why that move is so important for the company's future, and for the BABA stock price moving forward...

Stock Futures Today Decline as Global Bonds Hit 8-Month Low

Stock futures today (Thursday, June 4) forecast an 83-point increase from Wednesday's close as bonds around the world fall to eight-month lows.

Yesterday the DJIA rose 67 points after investors cheered domestic economic data and the Federal Reserve affirmed the U.S. economy was growing at a "modest to moderate pace" in the second quarter. The Fed said that the economy expanded between April and May in the Beige Book, which surveys respondents on overall economic activity.

Here's everything you need to know about the stock market today...

Profit and Protect Your Portfolio with This One Pick

"If you don't own gold, you don't know history…"

Those words were uttered recently by Ray Dalio, the billionaire founder of Bridgewater Associates, the single-largest hedge fund on the planet, with a whopping $170 billion in assets.

Dalio has produced almost 15% annually for over two decades, and now he's warning anyone paying attention that it's time to own some gold. He believes there's just too much risk in not owning gold today.

Let's take that concern for risk and turn it into our profit. Here's how...