by Alex McGuire
The Ferrari stock price fell below its offer price today as IPO investors lost money less than one week after the company went public.
With the stock below the offer price, investors wonder if Ferrari can use its brand power toward financial growth.
Here's our strategy for playing RACE stock today...
The Alibaba stock price soared as much as 10.6% today (Tuesday) to an intraday high of $84.45 after a top- and bottom-line beat on quarterly earnings.
For fiscal Q2 2016, Alibaba Group Holding Ltd. (NYSE: BABA) reported earnings per share (EPS) of $0.57 on revenue of $3.5 billion. Consensus estimates called for EPS of $0.54 on $3.35 billion in revenue.
But that's not the only reason the Alibaba stock price is climbing today...
by Diane Alter
Biotech ETFs have been the focus of many investors this week after Valeant Pharmaceuticals Intl. Inc. (NYSE: VRX) shares dropped more than 46% last week.
One biotech ETF with Valeant as a holding slumped 8.4% in the past three months, as VRX stock continues to fall.
by
When it comes to the 2016 election, it at last looks as though the playing field is starting to clear out.
Still, there are a lot of candidates in the mix. It's difficult to keep your information straight if you're not paying close attention.
by Alex McGuire
WTI crude oil prices today headed 0.6% lower as the international benchmark falls deeper into a two-week slump.
The decline in oil prices today comes before the start of the U.S. Federal Reserve meeting.
But there's a bigger geopolitical event that could have long-term effects on oil's movement...
Futures for the Dow Jones Industrial Average today (Tuesday, Oct. 27, 2015) slipped 18 points ahead of today's first day of the Fed Open Market Committee's seventh meeting of 2015 and a very busy day of company earnings reports.
The central bank is unlikely to raise interest rates in October, but it could change language on its statement regarding exposure to foreign markets. The U.S. dollar was sliding against a basket of currencies due to these expectations.
Here's what else is moving the Dow Jones Industrial Average today...
by David Zeiler
Wall Street is anxiously awaiting the Apple Q4 earnings, but not because it wants to know how many iPhones, Macs, and iPads the company sold in the last quarter. They know those number will be strong.
Analysts instead are worried about the guidance Apple Inc. (Nasdaq: AAPL) will give for the current quarter's iPhone sales.
Here are five reasons those concerns are unwarranted...
Alibaba earnings for fiscal Q2 2016 will be released before the bell this morning (Tuesday). Consensus estimates call for earnings per share (EPS) of $0.32 on $3.35 billion in revenue.
By matching those estimates, Alibaba will have grown EPS by 28% and revenue by 26.7% year over year.
But those aren't the biggest numbers for investors to watch for...
by Tom Gentile
The most anticipated earnings report of the season comes today when Apple Inc. (Nasdaq: AAPL) reports its fiscal Q4 results after the bell.
There are ways to score extra profits every quarter when earnings trigger short-term moves in Apple's share price. Last quarter, for example, my Money Calendar Alert members made as much as 175% on AAPL stock in the 11 days it took shareholders to book just 2.46%.
The best part is, with the right strategy, it doesn't matter which way the stock moves, just that it moves.
And from what my charts show me today, this is the perfect way to trade Apple at earnings time...
by Tara Clarke
What it would be like today if the Googles, Apples, Facebooks, Ubers, and AirBnBs of the world had never had the opportunity to take off? And what it would be like if those tech pioneers-turned-giants didn't have hungry competitors driving them to new heights?
A crucial vote this week in Europe will determine the fate of European tech for years to come. If the fumbling bureaucrats prevail, the tech sector – and investors – will pay the price.
You see, on Oct. 27, the EU Parliament votes on net neutrality. New legislation many EU members claim will "protect" net neutrality may be approved.
But in reality, the opposite is true. If passed, the new laws will prove deadly to open, fair market competition that is the vital nursing ground of tech innovation.
Here's what you need to know about this very important vote...
