Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government r
A second round of talks on renegotiating NAFTA will kick off Friday in Mexico City, where officials from the U.S., Mexico and Canada will discuss how to modernize the trade pact, even as President Trump repeatedly threatens to abandon the accord if it doesn’t meet his demands.
New proposals are expected to be introduced this weekend, according to Raul Urteaga Trani, a Mexican official who is advising his country’s trade negotiators. But he declined to say what specifically will be discussed.
Mexico has frequently said the 23-year-old North American Free Trade Agreement....More>>>
As we know, the broad stock market indices have been resilient all year. And that strength, in large part, can be credited to a small group of stocks.
Among that group, the blue chip Internet stocks have led the way: Facebook, Amazon, Apple, Google and Netflix. Halfway through the year, those five stocks were up more than 40% on average. And those five stocks carry a lot of weight in the performance of the indexes.
And given the valuation of the index, you constantly hear how the market is overvalued or "fairly valued." It’s not true, for the reasons we’ve....More>>>
The IPO market may not be at the go-go levels of the late 1990s, but the environment is still fairly bullish. This is especially the case with technology companies and biotechs. Note that there have been ten deals that have posted returns of over 100%.
However, by August, the IPO market will essentially close down. This is normal, as many investors will be on vacation.
OK then, so for the next couple weeks, what are the interesting deals that will hit the market? Well, Let’s take a look at five:
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-969339394&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/969339394/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; The closing numbers are displayed after the closing bell of the Dow Industrial Average at the New York Stock Exchange on June 7, 2018 in New York. (Photo by Bryan R. Smith / AFP) (Photo credit should read BRYAN R. SMITH/AFP/Getty Images)
Earlier this year, on family movie night, we enjoyed another showing of &l;em&g;The Sound of Music&l;/em&g;. I&a;rsquo;ve seen it over a....More>>>
While vaccinations continue to support the recovery, the number of infections from the delta variant has shaken people up quite a bit. As a result, investors could be feeling incrementally more cautious about reopening plays.
Added to that are concerns about the end of government sup
It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be helpful (and fru
Schubert & Co boosted its holdings in Merck & Co., Inc. (NYSE:MRK – Get Rating) by 3.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,127 shares of the company's stock after buying an addit
Wambolt & Associates LLC boosted its position in AbbVie Inc. (NYSE:ABBV – Get Rating) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,401 shares of the company's stoc