The tech giant Intel (INTC) had a rocky Tuesday trading session, with its shares dipping by 3.8% to close at $35 each, thus making them the leading factor pulling the Dow Jones Industrial Average down. So far in Wednesday’s session, we’re seeing much of the same - as the stock is down more than [...]
by Leslie N. Masonson, MBA With an expanding ETF universe, investors and traders have almost an unlimited reservoir of possible alternative market exposure, much more so than with mutual funds which are much more restrictive in their offerings. ETFs follow a variety of strategies. Of all the ETFs, 831 (26.5%) were “actively” managed with [...]
This morning Alibaba (BABA) announced that they are playing musical chairs with the leadership group, as existing members within the company are swapping roles. All of this comes as the company works towards its restructuring goal of splitting the businesses into 6 distinct groups. Long-standing CEO and chairman Daniel Zhang is going to transition [...]
After years of delays, it appears Virgin Galactic (SPCE) is prepared to embark on its first commercial flight into space later this month. Sometime between June 27 and June 30th, a team of 3 Italian researchers will lift off onboard Galactic 01. Pending the company’s first successful commercial space tourism flight, monthly flights will [...]
by Leslie N. Masonson, MBA TopBuild Corp. (BLD:NYSE), headquartered in Daytona Beach, Florida and incorporated in 2015 boasts a 13,119 person workforce. The company was previously known as Masco SpinCo Corp with a name change in 2015. Their main business focuses on two market segments: installation and specialty distribution. Other areas of products and [...]
Earlier this week, Plug Power (PLUG) had its analyst day. The company’s executives laid out plans to reach long-term goals, and the findings were certainly intriguing. By 2030, the alternative energy company expects to produce more than 2,000 tons of hydrogen daily - all through its green-hydrogen network. And, that’s just the beginning. Plug [...]
Much to the delight of shareholders, Shell (SHEL) announced today that dividends paid out will be increasing going forward. The company was already distributing 20%-30% of cash flow from operations but is boosting that figure up to 30%-40%. This will entail raising the dividend per share for the second quarter by at least 15%. [...]
by Leslie N. Masonson, MBA Insight Enterprises, Inc. (NSIT:Nasdaq), headquartered in Chandler, AZ, and founded in 1988 boasts a 13,500 person workforce. Positioned as a Fortune 500 global technology company, its core mission revolves around leveraging technology to expedite digital solutions for business challenges. The organization concentrates on three primary sectors: cloud and data [...]
Shares of Netflix (NFLX) have climbed more than 10% in the last week after its latest upgrade - this time, by Bank of America. Analyst Jessica Reif Ehrlic raised her price target from $410 to $490, implying a 15% climb. This comes after Netflix shared 3rd party data showing positive results for the upcoming [...]
After the bell sounded yesterday and Monday’s trading session concluded, Oracle (ORCL) released 4th quarter earnings that delighted investors and analysts alike. This led to a 5% climb in after-hours trading. And in Tuesday’s session, the stock opened 6% higher before falling back down and settling around a 2% gain - so far, at [...]
