Cuba once had a stock market, the La Bolsa de Valores de la Habana, which lasted from the 1920s until 1959, when the Cuban revolution ended private ownership in the country. The Havana exchange was, in fact, one of the largest stock exchanges in Latin America.Now, as President Obama moves the U.S. closer to ending the 60-year-old trade embargo with […]
Traders work on the floor of the New York Stock Exchange April 30, 2015.Reuters/Brendan McDermidTraders work on the floor of the New York Stock Exchange April 30, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed.Upbeat economic reports added to uncertainty about the outlook […]
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REUTERS – Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data.All the 10 major S&P sectors were down, with the technology index retreating 1.1 percent. The Nasdaq biotech index dropped 1.7 percent.Apple fell 2.3 percent to $125.70 and was the biggest drag […]
Gilead Sciences (NASDAQ: GILD) has enjoyed remarkable success in the past year thanks to the launch of two instant billion-dollar blockbuster hepatitis C therapies, however, even best-in-breed biotech stocks like Gilead Sciences still face risks that could leave investors in the lurch. Read on to learn which three risks concern me most, and how they could impact Gilead Sciences down […]
Some Big Movers: EOG, TSLA, PANW, CYBR, TWTR, CLVS, FDXStocks have been most positive so far this week. Energy stocks have bounced, and oil spiked up over the past two days with Brent testing $60/barrel and WTI trading at around $53/barrel. We trade EOG calls in myHappy Trades portfolio and booked a +81.78% profit:TSLA jumped about on Monday as the […]
Source: “11g poker chips” by Logan Ingalls from South Boston, MA, USA. Licensed under CC BY 2.0 via Wikimedia CommonsGive up now if you’re looking for a totally safe biotech stock. They don’t exist.But if you’re looking for a biotech stock that is relatively safe compared to most others, that’s a different story. And there’s one biotech that is arguably the […]
Source: Celgene Corp.Biotech companies have been among the market’s best-performing stocks, and that means many of the industry’s top stocks have soared to lofty levels that might have kept investors on the sidelines. Since sliding markets are likely to take biotech stocks lower, investors could soon have their first chance in a long time to buy into some great companies […]
Bitcoin vs. Uber: Bitcoin Lovers Respond to Mish by Contributor : Friday 02:40:42 CTCategories: economy, markets, streamI recently commented that it would not surprise me if bitcoin plunged to $1.00. That was not a prediction, it was a comment.Still, I still fee a collapse in bitcoin is likely.For discussion, please see Cash Dinosaur: France Limits Cash Transactions to €1,000, Puts […]
GRAND BLANC, Mich. (MarketWatch) — Much has been made of the Nasdaq Composite Index’s recent surge to the 5,000-point level, a milestone not achieved since the height of the so-called “dot-com” bubble in March 2000. At the time, venerable software titan Microsoft was the most valuable company in the composite, but its status as number one was briefly surpassed in […]
