LinkedIn Breaks Negative Social Earnings Trend, Stock Pops After Report
On Monday Twitter reported slowing user growth setting up that stock to open down 13% the following day. Tuesday Facebook told investors that its costs will rise between 50% and 70% next year -- shares opened down 6.6% Wednesday. Initially its seemed LinkedIn would complete the crummy social earnings trifecta as the stock tumbled as much as 7% following its after-hours release Thursday. But about 45 minutes after the closing bell the stock was up more than 2.5% to around $208.50.
GoPro Spikes As New Hero 4 Drives Sales Through The Roof
Looks like GoPro is back on top again.
Facebook May Benefit From Stumbles of Amazon, Twitter
Facebook (FB) is positioned for a jump after earnings this quarter. The set up looks so good, it may be too perfect. Assuming all goes well, when trading resumes on Wednesday morning after a positive earnings report, Facebook investors will have a roster of other companies to thank for this including Alibaba, Netflix, Tesla, IBM and Twitter. Facebook CEO Mark Zuckerburg and his management team deserve a little bit of the credit too.
Here's Why The Best Investors Ignore Market Crashes
In October 1987 the markets crashed. The New York Times headline called it “Bedlam on Wall St.” The Times of London called it “Wall Street’s blackest hours”. Trading volumes nearly doubled past records as investors stampeded for the exit. Stocks lost almost a quarter of their value after just 7 hours of trading, and the picture globally from London to Tokyo was similar. It sounds horrendous doesn’t it? Clearly, a reason to stash your cash under the mattress rather than risk it all on the capricious markets.
Ten Reasons To Invest In Sri Lanka
From an investor's point of view, the case for Sri Lanka is getting strong. In the rear view mirror, yet still lurking and causing hesitation for some, are the Sri Lankan Civil War that ended in 2009 and the market bubbles that followed the war's end through 2011. While there
Thursday Sector Leaders: Utilities, Healthcare
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, higher by 2.0%. Within that group, Exelon (NYSE: EXC) and AES (NYSE: AES) are two large stocks leading the way, showing a gain of 4.1% and 3.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is up 2.0% on the day, and up 22.33% year-to-date. Exelon, meanwhile, is up 37.50% year-to-date, and AES, is down 3.38% year-to-date. Combined, EXC and AES make up approximately 7.2% of the underlying holdings of XLU.
Thursday Sector Laggards: Energy, Technology & Communications
In afternoon trading on Thursday, Energy stocks are the worst performing sector, showing a 0.2% loss. Within that group, Cabot Oil & Gas (NYSE: COG) and National Oilwell Varco (NYSE: NOV) are two large stocks that are lagging, showing a loss of 3.9% and 2.2%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 0.1% on the day, and down 1.40% year-to-date. Cabot Oil & Gas, meanwhile, is down 21.45% year-to-date, and National Oilwell Varco is up 0.84% year-to-date. Combined, COG and NOV make up approximately 4.0% of the underlying holdings of XLE.