GE Shares Fall as Profit Slumps, Investors Await New CEO’s Targets
https://alaricsecurities.com/ge-shares-fall-profit-slumps-investors-await-new-ceos-targets/
General Electric Co’s (GE.N) shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November, when new CEO John Flannery ...
Amazon is Getting too Big and the Government is Talking about It
https://alaricsecurities.com/amazon-getting-big-government-talking/
Fresh off its biggest Prime Day yet, the Whole Foods Market Inc. bid, and a slew of announcements including Amazon Wardrobe, Amazon.com Inc. was the subject of two investor calls Thursday that raised concerns that ...
Intel Officially Joins Fight with Nvidia and AMD, but Results Could be a Long Time Coming
https://alaricsecurities.com/intel-officially-joins-fight-nvidia-amd-results-long-time-coming/
Intel Corp. pulled out all the stops Tuesday with the most important product launch in the history of its data-center business, as the world’s largest chip maker faces the fiercest competition ever to its dominance. ...
U.S. Adds 222,000 Jobs in June Hiring Surge
https://alaricsecurities.com/u-s-adds-222000-jobs-june-hiring-surge/
Now hiring signs are everywhere these days. The U.S. economy created 222,000 new jobs in June, well above Wall Street’s forecast. The U.S. unemployment rate was 4.4%. WASHINGTON (MarketWatch) — The U.S. created 222,000 new ...
Tesla’s Stock Tumbles into Correction Territory but Analyst Sees New Highs Ahead
https://alaricsecurities.com/teslas-stock-tumbles-correction-territory-analyst-sees-new-highs-ahead/
Shares of Tesla Inc. tumbled into correction territory Wednesday, in the wake of downbeat deliveries data, but analyst Ben Kallo at Baird suggested the weakness would be relatively short lived as investors start focusing on ...
Opinion: 5 Hot Consumer Stocks to Buy — Beyond Amazon
https://alaricsecurities.com/opinion-5-hot-consumer-stocks-buy-beyond-amazon/
Stocks continue to climb in 2017, with the S&P 500 index up about 9% year-to-date. And some of the biggest winners this year have been consumer-related names. It’s no surprise why. Unemployment hit its lowest ...
U.S. Stock Market Climbs as Wall Street Tries to Rally from Worst Daily Fall in a Month
https://alaricsecurities.com/u-s-stock-market-climbs-wall-street-tries-rally-worst-daily-fall-month/
U.S. stock-market indexes Wednesday traded higher, with equities attempting to rebounding from a technology-led downdraft in the previous session. A Senate delay of a closely watched vote on a bill to overhaul of the Affordable ...
New-Home Sales Roar Back in May after April Showers
https://alaricsecurities.com/new-home-sales-roar-back-may-april-showers/
Sales of newly-constructed homes rebounded in May, and government data was revised to show a stronger spring selling season than had been previously reported, another sign that the housing market remains on firm footing. New-home ...
Stock Market Struggles to Return to Record Territory
https://alaricsecurities.com/stock-market-struggles-return-record-territory/
U.S. stocks put in a mixed performance Wednesday as investors focused on volatile oil prices, which stabilized after dropping to lowest levels in more than seven months. Comments from Iran’s oil minister about the possibility ...
Amazon to Acquire Whole Foods for $13.7 Billion
https://alaricsecurities.com/amazon-acquire-whole-foods-13-7-billion/
Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into the supermarket business with hundreds of stores across the U.S. Amazon agreed to pay $42 ...