Is This Bad News for BABA Stock? Apple, Inc. (NASDAQ:AAPL) is launching a new service in China that competes with Alibaba Group Holding Ltd. (NYSE:BABA). Here’s what owners of BABA stock need to know. Earlier this month, Apple announced that it will be launching its “Apple Pay” service…

EUR-USD Exchange Rate Could Hit Parity, Says Analyst The euro has lost at least 1.5% to the U.S. dollar, plummeting to 1.1168. The EUR-USD exchange rate dropped in response to news of the decision by the central bank to leave interest rates unchanged. Presumably, the ECB’s continued quantitative…

Valeant Pharmaceuticals International, Inc. (NYSE:VRX) is in hot water following a scathing report from short-seller Citron Research. The publication questioned the company’s sales practices, comparing the pharmaceutical giant to Enron. After the dust settled, shares of Valeant stock finished the trading session down more than 20% on Wednesday.…

Here’s Why ERII Stock Soared 162% on Tuesday Energy Recovery, Inc. (NASDAQ:ERII) won a 15-year, $125 million contract from Schlumberger Limited (NYSE:SLB). California-based Energy Recovery manufactures energy recovery devices (ERDs) that help generate energy using pressure and flowing fluids. The company has clients in the engineering, construction, exploration…

This Should Terrify Tesla Stockholders Everywhere Tesla Motors, Inc. (NASDAQ:TSLA) has just introduced its latest car, an SUV called the Model X. However, how long can Tesla last as the top maker of electric cars in the face of competition from more mainstream and established automakers which have…

Yum Stock Is Closing In On an Important Buy Signal Deep-fried chicken, tacos, and pizza, along with the global obsession for junk food, have propelled Yum! Brands, Inc. (NYSE:YUM) to one of the top fast food companies in the world, but there was nothing yummy about what happened…

This Reveals What Is Likely Next for Amazon.com Stock It’s no secret that merchants have been wary of Amazon.com, Inc. (NASDAQ:AMZN) for a long time now. The e-commerce giant has continued its encroachment on the traditional position of physical stores and it has made early investors in Amazon.com…

Should Investors Bet on a Ferrari IPO? The Ferrari SpA (NYSE:RACE) roadshow with investors, launched on October 12, continues ahead of the company’s upcoming initial public offering (IPO) with a New York Stock Exchange (NYSE) listing. The only question now is whether Ferrari stock will be as good…

Could This Send Alibaba Stock to $100? Alibaba Group Holdings Limited (NYSE:BABA) made waves this Tuesday as the e-commerce giant announced it will be opening offices in three European Union countries in the next few months. While the news made barely a blip in the media, I see…

London Becomes China’s Yuan Currency Trading Hub A week ahead of President Xi Jinping’s visit to London, the city will become a major trading hub for Chinese currency. China’s Ministry of Finance is holding its first offshore debt sale, denominated in yuan. It’s just another sign of China’s…

If You Bet Against Gold Prices Now, You’ll Kick Yourself Later Since early August, gold prices have been trending higher. The precious metal prices are up roughly eight percent since then. With this, there are a lot of questions about whether gold prices can continue to go higher…

Now Is Not the Time to Bet Against GPRO Stock GoPro, Inc. (NASDAQ:GPRO) stock has had a volatile year, with spectacular highs and dismal lows. But the recent downward swing in GoPro’s stock price has little to do with fundamentals and everything to do with incorrect market psychology.…

Should Micron Technology, Inc. Buy SanDisk Corporation? Definitely Not! Shares of chipmaker SanDisk Corporation (NASDAQ:SNDK) soared on Wednesday after rumors started making the rounds yesterday that the company has put itself up for sale. Two companies, Micron Technology, Inc. (NASDAQ:MU) and Western Digital Corporation (NASDAQ:WDC), are being cited…

Can Jack Dorsey Put a Bottom Underneath Twitter Stock? Although many investors viewed Twitter, Inc. (NYSE:TWTR) as a lost cause, Jack Dorsey is bringing it back on course. Famous for co-founding Twitter, Dorsey returns at a time when TWTR stock is lagging far behind its social media peers.…

Original Investors Flee SHAK Stock Currently America’s hottest burger joint, Shake Shack Inc. (NYSE:SHAK) looks like the next multi-billion-dollar eatery. But looks can be deceiving. Although I personally enjoy Shake Shack burgers, I’m still on the fence about SHAK stock. The company just saw a huge amount of…

Short-Sellers Betting Against Boeing Stock Now Will Kick Themselves Later A new lightweight material invented by The Boeing Company (NYSE:BA) could dramatically alter the aerospace industry and it has the potential to send Boeing stock soaring. Researchers at Boeing have developed what they claim to be the world’s…

Investors Should Be Skeptical of Johnson & Johnson’s Stock Buyback Johnson & Johnson (NYSE:JNJ), the giant healthcare conglomerate, announced this morning another round of stock buybacks worth $10.0 billion. The company is touted to have “consistently returned value” to investors in the form of dividends and stock repurchases.…

Should This Terrify Tesla Motors, Inc. (NASDAQ:TSLA) Stockholders? Elon Musk, Tesla Motors, Inc.’s (NASDAQ:TSLA) charismatic CEO, had some harsh words for Apple Inc. (NASDAQ:AAPL) recently, suggesting two things. The first is that Musk probably does not use an iPhone. The second is that he fears that Apple may…

Iran Is Entering the Oil and Gas Market; Here’s How It Will Impact Oil Prices Iran’s grand return to the global oil and gas market could push the Organization of the Petroleum Exporting Countries (OPEC) to change its strategy and slash production in order to prevent oil prices…

OPEC Announcement Hurts BP Stock Oil prices took another tumble earlier this week, erasing gains from last Thursday and Friday. Major oil producers like BP plc (ADR) (NYSE:BP) were hit squarely on the chin, with BP stock, in particular, sliding nearly two percent in the morning trading hours.…