Pinterest (NYSE:PINS) stock still looks very undervalued even though it has fallen 29.5% from a recent high close of $80.29 on July 6. This is based on the company’s recent earnings and the fact that it produced significant free cash flow (FCF). At a closing price of $56.59 on Sept. 3, PI
El Salvador's government had to pull its Bitcoin (CRYPTO: BTC) wallet off from the application stores after finding its servers could not manage all the users who flocked to the app.
What Happened: According to a Reuters report, Salvadorans trying to download the Chivo digital wallet could not find it on the app stores of Apple Inc (NASDAQ:AAPL), Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) and Huawei after the government temporarily pulled it off purportedly to upgrade its servers.
The interest in the application was presumably....More>>>
Ivanka Trump may have shown that any publicity is good publicity when it comes to selling fashion.
Despite a boycott and a decisionby Nordstrom to no longer carry the brand, Ivanka Trumps fashion line soared in online sales of individual items last month, according to a major e-commerce site.
Trumps brand was in 11th place based on the number of items sold, according to Lyst, a fashion search engine that links shoppers with more than 12,000 retailers and designers. That represented a 346% leap in items sold from the previous month, when Trumps line ranked 550th.
On June 29, 2016, we published the article “Tesla shares will make all-time highs boosted by SolarCity”, after Tesla (NASDAQ:TSLA) shares had dropped to an intra-day low of $187.87 on June 27, 2016. We followed up with another article on July 29, 2016, “Tesla Stock Better Positioned For New All-Time Highs”, after Tesla shares had rebounded to around $234. In both instances, we received substantial skepticism, and yet, Tesla shares have indeed registered new highs, reaching an intra-day high of $313.73 on April 10, 2017, an appreciation of 67% since June 27 and 34.1% since....More>>>
The S&P 500 Index rallied higher last week as investors applauded the decision to exempt Mexico and Canada from the Trump administration’s trade tariffs and new data on the U.S. labor market showed continued employment gains. A handful of dividend stocks also reported good news in the area of higher payouts.
Five notable dividend stocks increased their payouts over the last week. This included two businesses involved in the wireless communications industry, a popular toothpaste manufacturer and a major defense company.
Wall Street’s bulls are rushing to the land of gauchos: Argentina. Their return marks a sharp comeback in confidence for one of the world’s worst economies.
Larry Fink says he “came away more confident than ever” on Argentina after spending two days in New York this month with the nation’s leaders. Fink is the CEO of BlackRock, which manages $5.7 trillion, the most of any firm in the world.
He’s far from alone. American investors poured a net $1.2 billion into Argentine stocks and funds between January and October, 12 times more than they....More>>>
Most investors can rattle off some of the best growth stocks of the last decade or two. The tech sector has delivered some of the best growth stocks of all time in Apple, Amazon, and Netflix. A handful of biotech companies typically grace the list, too.
In the first few years after its 2011 IPO, Spirit Airlines (NYSE:SAVE) seemed practically invincible. The carrier used its rock-bottom cost structure to undercut traditional airlines' fares, enabling it to quickly gain market share while producing industry-leading margins.