Buckingham Research Group believes that there’s more room for growth
Currently trading at 57 times expected earnings for 2020
CFRA disagrees with buy rating
Square Inc’s stock price has increased by another 5.5% since it issued its earnings report for Q2 2018 last week. The year-to-date increase now stands...
USD index now stands at 95.451
Emerging market currencies main losers
China suggests tariffs on $60bn of US imports
The USD strengthened further on Monday, following a trend that has now lasted for two weeks. Investors are clearly betting that the ongoing trade conflict and a robust US economy...
US Fed announcement largely ignored
US drastically increases tariffs on Chinese imports
Asian markets subsequently report sharp losses
The decision by the US Federal Reserve to keep rates unchanged has been ignored by forex markets to a large extent so far.
What caused Asian markets to plunge sharply on Thursday...
Investigation has been going on for five years
Maximum fine could be 10% of international turnover
Various other banks also being investigated on similar charges
The latest news from the Eurozone forex front is that European Union antitrust regulators have charged Credit Suisse with rigging foreign exchange rates, according...
Asian stocks fall from Shanghai to Singapore
Australia’s ASX 200 also drops
Social media stocks suffer in the US
Stock markets in Asia dropped on Monday following a sharp drop in the American tech sector on Friday.
South Korea’s Kospi fell 0.1% to 2,293.92 and the Japanese Nikkei 225 dropped...
Options traders betting on another 9% drop in share price
Total revenue could drop to $5.32bn
Technical indicators pointing to more bad times ahead
Since reaching a high in January, McDonald’s Corp.’s stock price has dropped by well over 10%. Options traders are putting their money on the share...
New Goldman Sachs CEO wants more women on management committee
Comcast drops out of race to acquire 21st Century Fox
Two new indices announced for ether and bitcoin
More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change.
The company’s current president, David Solomon,...
Dow Jones higher, S&P 500 lower
Energy stocks close lower after oil price drops
Arconic share prices increase, J.B. Hunt closes lower
The most important stock markets in the US delivered mixed results yesterday. The Dow Jones Industrial Average closed slightly higher with a gain of 44.95 points or...
