5G is Coming: But What is It and Who Will Benefit?
Almost a decade in the making, the fifth generation of wireless communication (5G) is finally becoming a reality across the globe. Promising download speeds up to 20 times faster than the current generation, 5G opens ... [Read]
Boeing Reportedly Resuming Production of 737 Max, Boosting BA Stock
Boeing (NYSE:BA) is reportedly planning to resume full production on its grounded 737 Max aircraft, boosting BA stock in Friday trading. BA Stock Struggles After 737 Max Grounding The 737 Max was grounded in March ... [Read]
Trump Plans Freddie Mac Reforms, Boosting FMCC Stock 12.6%
According to reports, the US Treasury is finalizing reform plans for Freddie Mac (OTCQB:FMCC) and Fannie Mae (OTCQB:FNMA), boosting FMCC stock. Public Bailout Reports emerged on Wednesday afternoon that the US Treasury Department is close to finalizing ... [Read]
Target Stock Hits All-Time High After Outstanding Financial Quarter
Target stock soared 20% to an all-time high of $103 after the consumer goods retailer posted exceptional second-quarter results. Target’s (NYSE:TGT) second-quarter profits were up 17% to $938 million USD, while revenues saw an increase of ... [Read]
HD Stock Up 4% After Home Depot Posts Q2 Earnings
Home Depot (NYSE:HD) posted its Q2 fiscal results on Tuesday, beating analyst expectations and boosting HD stock 4.4%. A Mixed Bag The company’s results were somewhat of a mixed bag. The home improvement giant reported net ... [Read]
EL Stock Jumps 12.5% After Strong Quarterly Results
Estee Lauder Companies Inc (NYSE:EL) reported its fourth-quarter fiscal 2019 results today, with EL stock making big gains as a result. 10th Consecutive Quarter of Growth The New York-based cosmetics manufacturer reported net sales of ... [Read]
Why Virtual Reality is Worth Building an Investor Portfolio For
Very few emerging tech sectors out there have sparked quite as much debate as Virtual Reality. VR is one of the fastest-growing sectors in the tech industry, with the technology’s user base jumping from just ... [Read]
Deere Stock on the Rise Despite Posting Disappointing Earnings
Deere stock is up 3.84% today, despite Deere & Company (NYSE:DE) releasing fiscal Q3 earnings that missed Wall Street predictions. The heavy machinery manufacturer posted earnings of $2.71 per share, eight cents shy of analyst expectations. ... [Read]
GE Stock Tanks Amidst Fraud Accusations: What This Means for Investors
GE stock dropped 11.3% today as General Electric (NYSE:GE) was accused of concealing serious financial mishandling. Opaque Financial Reports The accusations were made by fraud investigator Harry Markopolos, who also blew the whistle on Bernard Madoff’s ... [Read]
Mylan Stock Drops 8.5% After US Lawmakers Slam MYL
Mylan stock has dropped 8.5% today after Mylan (NASDAQ:MYL) was slammed by two prominent US lawmakers. Coordinated Obstruction The company, along with two other major pharmaceuticals, is being investigated as part of an ongoing probe ... [Read]