The Dow Jones Industrial Average is on the decline after Alphabet Inc. (NASDAQ: GOOGL) saw a 23% year-over-year dip in profits.
I have more on the Google parent's earnings miss below.
But that is not the only issue moving the Dow today...
It was the very first stock that I recommended on the very first day we published Private Briefing nearly eight years ago…
I've re-recommended the shares to my readers several times, and when something happened that I felt everyone should know about, we made sure to get the news out in Money Morning, too.
When I first wrote about it in 2011, shares were trading at $8.60. As of Wednesday morning, the stock was sitting near all-time highs at $171 – monumental gains of nearly 1,900%.
But I'm writing today because it's been a big winner for you, too – more than 149%.
And I don't think it's done, not by a long shot…
Let me tell you about the company - and all about this latest development...
by Daniel Smoot
The 5G revolution will be here in 2020. So, every week, Money Morning looks for the best 5G stocks to buy.
And the one we found just got a massive buy signal today…
by Daniel Smoot
The Electronic Entertainment Expo (E3) is the biggest video game event of the year.
And E3 2019 stands to be one of the biggest years yet for video game stocks.
The Dow Jones Industrial Average is on the move as investors digest the latest round of earnings from Apple Inc. (Nasdaq: AAPL). The Federal Reserve plans to announce its latest decisions on interest rates and the state of the U.S. economy.
The market experienced a wild December after the Fed hosted its most recent meeting. Look for Fed Chair Jerome Powell's press conference this afternoon and whether he says they will continue to be "patient" on rates.
Here are the numbers from Tuesday for the Dow, S&P 500, and Nasdaq:
The Dow Jones Industrial Average was little changed in premarket trading despite a stronger than expected earnings report from Boeing (NYSE: BA).
Shares of the aircraft and space manufacturing giant popped 4.1% after the firm reported EPS of $4.07 on top of $25.15 billion in revenue.
Wall Street expected EPS of $3.45 on top of $23.72 billion in revenue.
Just because Wall Street warned investors to steer clear of semiconductor stocks doesn't mean you can't still earn a huge profit by owning the right one.
Instead of the semiconductor valuation peaking in 2017, it has continued to grow in 2018, already up over 20% year over year.
And there's one semiconductor stock that is poised to bring even greater returns to its investors...
by David Zeiler
Billionaire Frank Giustra, one of the world's most successful investors, has thrown his weight behind an unassuming Bitcoin stock focused on cryptocurrency mining called Hive Technologies.
Giustra is best known for his efforts to help build up Goldcorp Inc. and as the founder of Lions Gate Entertainment. And he's not alone. Frank Holmes, chief investment officer at U.S. Global Investors, is also invested in Hive and serves as chairman of the company.
Here's why Hive has attracted these heavy hitters...
At the end of 2017, Morgan Stanley announced that semiconductor stocks were "currently at a peak" and that investors should have "increasingly negative prospects for the industry."
Morgan Stanley's comments sent the semiconductor industry into a tailspin – by late December, the sector had undergone a 10% correction, and Wall Street prospects for the industry's 2018 performance were increasingly dim.
However, they couldn't have been more wrong...
Some analysts are very bullish about the AMD share price over the next 12 months.
In fact, one analyst believes the AMD stock price could climb 130%.
Here's everything you need to know about why AMD shareholders could be very happy in 2018...
