Despite beating analyst expectations, Facebook shares plummeted after it revealed a drastic rise in expenses in its fourth quarter earnings—as experts warn that mounting regulatory scrutiny and decelerating revenue growth could continue to negatively impact the stock. more...
Momentum could be building for digital currencies in 2020, driven by the prospects of sound regulation of virtual asset service providers and Bitcoin halving. more...
With the market near records, many stocks have surged as well. Technology giant Apple hit a new record stock price on Friday, currently near $270 per share, after Citigroup boosted the company’s upside price target by 20% yesterday, predicting blockbuster holiday sales for products like Airpods and the Apple Watch. Another of the big four tech companies, Google, also reached a new all-time high, ...
Succumbing to market pressure, crude producers' group OPEC and its 10 non-OPEC allies intervened to deepen their ongoing output cuts of 1.2 million barrels per day (bpd) by another 500,000 bpd on Friday (December 6) following the conclusion of their meeting of ministers in Vienna, Austria. In a surprise for the market, OPEC revealed that bulk of the burden will largely fall on Saudi Arabia's shoulders, with the kingdom announcing it would cut "voluntarily" ...
Here are the Dow stocks that are likely to outperform in the month of December. Of the top 15, these stocks show rising weekly dynamic cycles for at least 21 days in December and are considered buys for the month: UTXXOMTRVDISMMMVKO Regarding the weakest 15, these stocks show declining weekly cycles and are suitable short sales: CSCOCAT ...
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