|Day's range||7,563.09 - 7,670.49|
|52-week range||6,517.93 - 8,133.30|
Shares fell Thursday in Asia after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and retailers. A report of weaker Japanese exports in September underscored uncertainties ...
Bottom Fishing After starting Wednesday lower, the S&P 500 finished just about even, despite a brief scare following the release of the minutes from September’s Federal Reserve meeting. The same couldn’t be said about the Dow, which dropped more than 90 points thanks to IBM’s post-earnings tumble. The numbers have been good: 90% of them have topped earnings forecasts and 70% have exceeded sales expectations.
Electric auto brand Tesla Inc. says it has secured land in Shanghai for its first factory outside the United States, pushing ahead despite mounting U.S.-Chinese trade tensions. WASHINGTON (AP) -- The Trump administration is apparently reassigning a political appointee at the Department of Housing and Urban Development to lead an internal watchdog agency at the Interior Department. An email sent by HUD Secretary Ben Carson to staff says assistant HUD secretary Suzanne Israel Tufts will take over as acting inspector general at Interior.
After an early slide, U.S. stocks ended slightly lower Wednesday as banks climbed but retailers, homebuilders and smaller companies fell. On Wednesday: The S&P 500 index dipped 0.71 points to 2,809.21. ...
BANGKOK (AP) — Shares fell Thursday in Asia after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and retailers. A report of weaker Japanese exports in September underscored uncertainties over the outlook for trade.
For the ninth consecutive month, the so-called FAANG and BAT stocks—the US stocks Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL) and China’s Baidu (BIDU), Alibaba (BABA), and Tencent (TCEHY)—remained the most crowded trades. These trades were determined the most crowded by 32% of professional investors, down from 36% last month.
F5 Networks’ (FFIV) revenue rose at a four-year CAGR (compound annual growth rate) of 9% to $2.1 billion in fiscal 2017, which ended on September 30, 2017. Its net income improved at a four-year CAGR of 11% to $542.9 million. It expects its newly announced dedicated security products to provide security professionals with innovative ways to combat cyberattacks. The company’s revenue forecasts for fiscal 2018, fiscal 2019, and fiscal 2020 are $2.2 billion, $2.2 billion, and $2.3 billion, respectively.