By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Wall Street news today, May 1, 2014: The markets closed on Wednesday in the black after the Federal Reserve committed to cutting another $10 billion from its bond-purchasing program.
This morning, Federal Reserve Chairwoman Janet Yellen will speak to kick off a heavy economic calendar.
Here’s what you need to know to make your Thursday profitable.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - • Print | Email
When it comes to social media stocks to invest in, the temptation to net huge gains – like the 140% return Facebook (Nasdaq: FB) has seen over the last nine months – is tempered by wariness over mass hype and the real risk of failure.
It’s a classic “reward versus risk” dilemma.
Money Morning Defense & Tech Specialist Michael A. Robinson has been watching tech sector transitions for decades.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
Announcements from the Facebook Inc. F8 developer conference in San Francisco Wednesday will amplify the company’s recent focus on mobile – and in particular efforts to monetize mobile.
Such a strategy is just what investors want to see and will serve as a powerful catalyst for Facebook stock.
And front and center was a new service that has the potential to double Facebook’s revenue…
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Corning Inc. (NYSE: GLW) stock was up more than 4% Monday morning after the company reported core earnings of $0.31 per share on revenue of $2.4 billion in the first quarter. That beat consensus estimates of $0.30 per share on revenue of $2.3 billion.
The company has strong momentum heading into the rest of 2014, but some investors are worried about the company's partnership with Apple Inc. (Nasdaq: AAPL) ending.
Here's what investors need to know about Corning stock...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Dow Jones Today: A sharp Friday selloff turned markets negative for the week. The Dow Jones Industrial Average fell 139.87 points to finish the week at 16,361.78. The Nasdaq dropped 72.78 points to finish at 4,075.56 and the S&P 500 was down 15.20 points to close at 1,863.41.
Consumer discretionary stocks like Amazon.com Inc. and Ford Motor Co. were off big in afternoon trading. Ford announced quarterly profits fell by 39% due to an increased allocation of money to fix defects and currency devaluations in South America.
In addition, uncertainty over Russia’s decision on how to handle Ukraine is wearing on investors.
Here’s your recap of today’s major market events...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
In his first “report card” since taking the reins of Microsoft Corp. in February, CEO Satya Nadella showed why he was exactly the right choice to get MSFT stock moving again.
Microsoft beat expectations in when it reported earnings Thursday mostly on the strength of its cloud computing products – Nadella’s area of expertise, and the single most promising business segment for the Redmond-Wash.-based tech giant.
By Money Morning Insider Reports, Money Morning - • Print | Email
It's time to compile a list of oil stocks to watch. One reason: Crude oil futures hit near a six-week high in mid-April. Moreover, U.S. crude oil production is booming, averaging around 3.22 million barrels at the end of 2013 according to the U.S. Energy Information Administration (EIA). When offshore production is added into the […]
By Money Morning Insider Reports, Money Morning - • Print | Email
Before asking "how to invest in gold," one should ask "why invest in gold?" Especially right now, when investing in gold is a better option than ever. Investing guru Warren Buffett helps to answer that question with his famous line, "Someone is sitting in the shade today because someone planted a tree a long time […]
By Money Morning Insider Reports, Money Morning - • Print | Email
Master Limited Partnerships (MLPs) are among the top energy stocks to invest in because they enjoy particular tax benefits that are not available to other corporations. MLPs are publicly traded on a securities exchange and, under federal law, can only be formed for certain businesses, mostly for those involved with natural resources. To qualify for […]
By Money Morning Insider Reports, Money Morning - • Print | Email
Gold prices touched the $2,000 mark in the year 2011. However, since then, there has been a drastic consolidation of the yellow metal. In 2013, gold bugs saw the gold price dropping 24% against the U.S. dollar. Even the top gold stocks suffered last year, and it marked the third-worst decline in the history of […]
