By Keris Lahiff, CNBC Apple just unveiled its latest iPhones that support 5G cellular networks in a highly anticipated but well telegraphed event. Investors have high hopes that this could trigger the next big upgrade cycle for the company. Todd Gordon, founder of TradingAnalysis.com, said past upgrade cycles suggest the stock could have more upside ahead. "June 2007, that was...
– Goldman Sachs reports a huge quarter, crushing top- and bottom-line expectations. Still, the stock is having trouble moving higher. – By Bret Kenwell, TheStreet.com Goldman Sachs (GS) has faded from its Wednesday morning highs but remains slightly higher after reporting earnings. The muted response is disappointing, in part because the company smashed expectations in the quarter. Earnings of $9.68...
– Advanced Micro Devices and Xilinx are on the move Friday as a possible acquisition is in the works. Let's look at the charts. – By Bret Kenwell, TheStreet.com Advanced Micro Devices (AMD) and Xilinx (XLNX) were on the move Friday as a possible acquisition was in the works. Shares of Xilinx were up almost 17% at one point Friday...
That was impressive. The S&P 500 soared 3.8% last week, logging the biggest weekly gain since August. As far as forward progress goes though, this is the last way you'd like to see in unfurl. Not only are there several gaps left to fill in (with pullbacks), volume on the way up was light, and waned with each day's progress....
That was impressive. The S&P 500 soared 3.8% last week, logging the biggest weekly gain since August. As far as forward progress goes though, this is the last way you'd like to see in unfurl. Not only are there several gaps left to fill in (with pullbacks), volume on the way up was light, and waned with each day's progress....
By Lizzy Gurdus. CNBC The small-cap rally is gaining steam. As of Thursday, the Russell 2000 was up almost 6% week to date versus a nearly 3% gain for the S&P 500. Though small caps are underperforming the S&P year to date, they have begun to outpace the large-cap index in the last month. Fueling the move is "a rotation...
By Keris Lahiff, CNBC Onetime high flyer Lululemon has run into trouble over the past month. The stock has fallen 17% from a Sept. 2 high with losses accelerating even after an earnings report that topped analysts' estimates. The stock remains more than 40% higher for the year. Todd Gordon, founder of TradingAnalysis.com, says strong demand should help Lululemon recapture...
By Keris Lahiff, CNBC What markets do in October could depend on one corner of the tech world. Miller Tabak chief market strategist Matt Maley said chipmaker stocks will act as a leading indicator for which direction markets could break. "The semiconductor group has been an important one for many decades in a leadership sort of way. But in the...
It coulda been worse, but it certainly coulda been better too. The market ended up logging a pretty nice gain last week, but it gave up much of what it had gained earlier in the week, and ended things on a low note. Most of the indices also ended the week on a technical fence, making the start of this...
It coulda been worse, but it certainly coulda been better too. The market ended up logging a pretty nice gain last week, but it gave up much of what it had gained earlier in the week, and ended things on a low note. Most of the indices also ended the week on a technical fence, making the start of this...
