Carnival shares dropped Monday after the company cut its full-year guidance, citing increased fuel costs and unfavorable currency exchange rates. The stock closed down 7.85 percent at $58.54 per share, the largest decline since a 7.9 percent drop in February 2016, after the cruise line operator cut its full-year earnings outlook to a range between
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Jack Ma Bitcoin Bubble: Yet another well-known figure has come forward to express his thoughts on the cryptocurrency sector. The figure, who is Jack Ma, spoke specifically of Bitcoin (BTC) — and his thoughts weren’t exactly in favor of the cryptocurrency. Jack Ma Bitcoin Bubble: True or False? On Monday, Jack Ma, a Chinese billionaire and
Shutterstock To become a “Dividend Aristocrat,” a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — and furthermore, “tracking” funds that follow the Dividend Aristocrats Index must own
Despite jangled nerves over the increasing potential for a global trade war, domestic stocks are outperforming their global counterparts, suggesting the U.S. has the least to lose should the conflict escalate. As major U.S. indexes notched losses of 1 percent or more Monday, others around the world got slammed as well. The Hang Seng in
Several of the market’s favorite semiconductor names are tanking on Monday as investors grow concerned over President Donald Trump’s plan to restrict foreign investments in U.S. technology companies. On Sunday the Wall Street Journal said the Treasury Department is drawing up rules to block companies with at least 25 percent Chinese ownership from buying companies
Shutterstock Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust NASDAQ-100-Technology Sector Index Fund ETF,
© 2018 NYSE Group, Inc. All rights reserved. Co-Founder and Chairman of JUST Capital Paul Tudor Jones, joined by NYSE President Stacey Cunningham, rings The NYSE Opening Bell. © 2018 NYSE Group, Inc. All rights reserved. There is no question that socially responsible investing has exploded in recent years. In 2016, total global assets under management
Tron [TRX] is celebrating its “independence day” today, as its token migration is set to conclude later tonight. When this occurs, Tron will become completely independent from the Ethereum network. Tron Independence #TRON Independence Day live stream starts now, join us to be part of the free, decentralized internet. https://t.co/M5uzhyfjYf — Justin Sun (@justinsuntron) June
Starbucks shares have fallen 11 percent this year as the coffee giant has grappled with weakened same-store sales and flat traffic in recent quarters, but outgoing executive chairman Howard Schultz said last week the stock is inexpensive. Some market watchers are less than optimistic, at least in the near term. Schultz told CNBC’s Jim Cramer
AMD’s market share in the server and desktop chip market will surge in the next two years, according to Bank of America Merrill Lynch. The firm’s analyst, Vivek Arya, raised his price target for the company’s shares to $20 from $17, representing 27 percent upside to Friday’s closing price. He said AMD will likely generate
Former New York Stock Exchange President Tom Farley told CNBC on Monday that he isn’t so sure his old rival, the Nasdaq, should be considered a benchmark for technology stocks. When he hears and sees the term “tech-heavy Nasdaq Composite index,” Farley said it drives him “nuts.” “This isn’t even a tech index,” he contended
Shutterstock Shutterstock The internet has changed the game for real estate investors. Once upon a time when there was no such thing as the internet, it was very difficult to find suitable tenants to fill your vacant units. Mom and pop investors resorted to labor-intensive, strategically placed signs and classified ads. I’ve built a rental portfolio
It happens late in nearly every bull market: Complaints that value-fund managers are beginning to “cheat” on their mandates by sneaking growth companies into their portfolios, high valuations and all, goosing performance now but taking big risks on when the next bear market may arrive. Now those worries are back, with the twist that the
A protester holds a sign reading “the pain of those dying due to lack of medicines won’t be televised,” during a demonstration by HIV-positive patients and their relatives against the lack of medicines and medical supplies in Caracas on June 14, 2018. Photo by Federico Parra/ AFP. The Socialists United of Venezuela and its president
Microsoft’s transition into cloud-based technology opens up new, lucrative markets for the software giant, according to Atlantic Equities, which assumed coverage Monday at overweight. The company’s recent organizational changes to better capitalize on its cloud computing business – known as Azure – is set to be a key profit driver, analyst James Cordwell told clients
Intel’s surprising management turnover will have a negative impact on its share price, according to Nomura Instinet. The firm lowered its rating to neutral from buy for Intel shares, saying the search for the company’s next CEO will add to concerns over its strategy. On Thursday, Intel announced the resignation of its CEO Brian Krzanich
A senior executive from the provider of China’s top photo-retouching app, Meitu, will now lead HBUS – the new U.S. strategic partner of cryptocurrency exchange Huobi. According to an announcement on Monday, Frank Fu, former managing director of Meitu’s global business, will join the fledgling U.S. exchange as CEO, and will manage its operations and oversee
Bitcoin (BTC) is again trading above $6,000 and looking up, but today’s closing price will likely set the tone for the rest of the week. The leading cryptocurrency fell to $5,755 at 15:00 UTC on Sunday – the lowest level since Nov. 12 – only to make a quick recovery back above $6,000 an hour
The price of ethereum, the world’s second largest cryptocurrency by market capitalization, dropped to a 74-day low below $430 – a level not seen since April 12. Data from CoinDesk’s price index shows the cryptocurrency dropped by more than $50 over a short-term period of 12 hours to reach $426.47 around 16:00 UTC on Sunday. Yet
Day 11 of the Crypto World Cup has come to completion but who ended the day on top? Sunday’s matches included: Tom Lee vs. Justin Sun Andreas Antonopoulos vs. Jack Dorsey Don Tapscott vs. Warren Buffett In matchday one, Andreas Antonopoulos defeated Warren Buffet 2-1. Jack Dorsey defeated Don Tapscott 2-1 and CryptoYoda defeated Erik
The price of gold last week dipped below a significant uptrend line. It’s been almost 2 years since the precious metal peaked in the summer of 2016 at above 1300. Since then, it’s meandered steadily downward to sideways and now the chart is showing just how precarious the pattern may have become. Take a look:
The stock market was hammered by trade tariff threats again this week, a frequent occurrence during this administration. Based on last week’s public comments, some Republican representatives are now becoming more worried. Without any concrete policy changes actually occurring, no one can be sure whether the threats are real, or just part of the negotiation
Shutterstock The changes in consumer shopping behavior continue to create upheaval in the business of retail real estate. As certain kinds of space become less valuable or obsolete, the arrangements that landlords and tenants make has had to adapt. I recently sat down with four partners from Goulston & Storrs, a law firm with one
Day 10 of the Crypto World Cup has officially concluded, and it was quite the doozy! Saturday’s matches saw Satoshi Nakamoto alienate Jed McCaleb. We also saw a tight game between Anthony Pompliano and Brian Armstrong, with the latter coming back in injury time. Day 10 of the Crypto World Cup ended with Roger Ver
Shutterstock In a recent novel, I came across a brief discussion about the very interesting subject of “intuition.” It got my attention because I have thought about the value of intuition in decision making, especially in trading the markets, for decades. Many people think intuition is just a form of guessing. Actually, it is much
That kid you know who’s now driving a Lambo because he traded something called dogecoin? He has more in common with Japanese rice traders from the 1700s than you might think. Besides the ability to brag about their newfound riches, both traders likely analyzed price action and investor emotions by using the candlestick charting style.
Cryptocurrency’s disruptive effect on both personal and global finance cannot be understated. Up until recently, most crypto enthusiasts have been more interested in their own personal wealth than increasing the wealth of others; however, all of that has changed with Mannabase, a new player in the crypto markets that espouses the merits of universal basic
It’s Crypto World Cup day 9 and round 1 of the world cup is giving us our worthy victors; by June 28th we should have our top 16. Today’s matches saw World Cup favorite Cameron Winklevoss defeat Dan Larimer in a cruel last-minute win. We also had Barry Silbert and Nick Szabo meet face-to-face but
College can teach you a lot about investing. But the market does not always work the way it does in theory. Managing a portfolio is the best way to bridge the gap between theory and practice. Nate Cuson, an undergrad at Vassar College, asks how to get started. Start investing while you are in college.
Traders work in the S&P 500 options pit at CBOE Global Markets Inc. in Chicago, Illinois, U.S., on Friday, Dec. 29, 2017. Photographer: Daniel Acker/Bloomberg Two sources of demand that contributed to the massive stock rally of the last few years are drying up. Strong buying came in the last few years from the very