Stock Market
“Technology made large populations possible; large populations now make technology indispensable.” - Joseph Krutch These young geniuses pocket enormous sums of money by solving seemingly intractable problems. Rather than simply poaching market share from older companies, they use technology to create win-win situations, thus opening up new spaces…
“One of the lessons of the past 40 years of globalization is that you can’t click your heels together, and say, “There’s no time like 1965.” It just doesn’t work…” - Alec Ross; Innovation expert, author, and entrepreneur In the coming decade, technology stocks offer more potential than…
NASDAQ Stock Index With the U.S. experiencing one of the longest periods of straight economic growth ever witnessed by the country, many investors are keen on finding which industry will continue to power this growth and bring about strong returns on investments. One of the juiciest investment opportunities…
A New Addition to the Carl Icahn Portfolio This week, Carl Icahn, the notorious corporate raider and billionaire investor, set his eyes on a new target: Bristol-Myers Squibb Co (NYSE:BMY). We dug through his regulatory filings to see if this position matches earlier Carl Icahn predictions, and what we…
Dow Jones May Take a Hit Today The Dow Jones Industrial Average (DJIA) may come under some selling pressure in the stock market today as the markets around the world reel under the executive order of President Donald Trump banning refugees and citizens from seven Muslim-majority countries. The DJIA index…
Dow Jones in a Cautious Zone The Dow Jones Industrial Average (DJIA) may trade lower in the stock market today as Donald Trump’s Inauguration Day speech brought about more concerns than clarity on the future policies of the Trump administration. His focus on creating jobs and employment in the…
Is the Stock Market Open on Presidential Inauguration Day? A new day, a new president. As always, inauguration day for the next United States president will be a momentous occasion, not only for the country itself, but for the world. And, of course, by extension, the stock markets.…
Apple and Amazon Stock under Trump Technology stocks were pounded following Donald Trump’s surprise win in the presidential elections. The concerns were real; Trump had been openly targeting the tech heavyweights during his election campaign, ranging from issues as wide as outsourcing and non-payment of taxes to hiring…
Dow Jones Expected to Trade Lower The Dow Jones Industrial Average (DJIA) lost about 22 points on Wednesday to close at 19,804.72. The Nasdaq Composite gained 16.93 points and closed at 5,555.65. The S&P 500 index ended slightly up, gaining four points, to close at 2,271.89. Stocks are likely to…
Dow Jones Expected to Trade Higher on Earnings The Dow Jones Industrial Average closed in the red on Tuesday as Brexit and China concerns loomed large on the stocks. Moreover, the market participants are also concerned about the policies of the incoming Trump administration and have less clarity…
Dow Jones to Wait and Watch In news about the stock market today, the Dow Jones Industrial Average (DJIA) is expected to take its cue from the earnings announcements this week as the DJIA hovers around the 20,000 mark. The DJIA closed at 19,885.73 on Friday after losing 5.27…
DJIA Slips, NASDAQ on a High The Dow Jones Industrial Average (DJIA) went down by 31.85 points to close at 19,855.53 on Tuesday. The S&P 500 index ended flat at 2,268.90. But the NASDAQ composite index was the star of the day, with the NASDAQ hitting another record close. The index…
DJIA Moves a Little Away from 20,000 Mark The Dow Jones Industrial Average (DJIA) went down by 76.42 points to close at 19,887.38 on Monday, on account of weakness in energy stocks. The S&P 500 index lost 8.08 points and closed at 2,268.9. U.S. stocks ended mostly lower as oil…
Dow 20,000: Just Missed The Dow Jones Industrial Average came its closest to the 20,000 mark on Friday and rose about 64.51 points to close at 19,963. Nike Inc (NYSE:NKE), Goldman Sachs Group Inc (NYSE:GS), and Walt Disney Co (NYSE:DIS) were the big movers in the Dow Jones…
Dow Jones (DJIA) Gets Assurance from Fed Minutes The Dow Jones Industrial Average (DJIA) inched closer to the 20,000 mark as stocks were buoyed by the high auto sales numbers posted by the auto giants. The U.S. Federal Reserve also released its minutes, which gave clues to investors that there…
What's John McAfee Doing in Canada Working on Blockchain? John McAfee, founder of the computer security solutions provider McAfee Associates, is not exactly known for living the typical business executive life. The globe-trotting, yoga-practicing, libertarian-loving cybersecurity guru has now found himself in Toronto working with Equibit Development Corporation (EDC),…
Dow Jones (DJIA), NASDAQ, and S&P 500 Post All-Time Closing Highs The stock markets ended at record highs on Monday on account of the jump in oil prices. There is renewed optimism that the Organization of the Petroleum Exporting Countries (OPEC) will agree to cut output. The…
NASDAQ Hits New Intraday High Stock prices took a pause Friday from their near-record levels on account of profit taking. Overall, the benchmark indexes gained for the second week in a row. The rally has been fueled by optimism that Donald Trump’s policies like lower tax rates, financial…
Stock Market News: Tech Stocks Rise The Dow Jones Industrial Average (DJIA) and the S&P 500 ended the trading session on Thursday marginally higher, and the NASDAQ posted good gains. Expectations of high growth and inflation are getting stronger as President-elect Donald Trump fills key posts which, together…
From: Michael Lombardi, MBA