Dow’s Sudden Rally Erases 118 Point Loss Despite Chip Stock Meltdown

Dow’s Sudden Rally Erases 118 Point Loss Despite Chip Stock Meltdown

By CCN Markets: The Dow and broader U.S. stock market limped into Friday’s close after disappointing financial results from a leading chipmaker highlighted the dangers of a prolonged trade war with China.Dow Pares Losses; Nasdaq Endures Tech BlowbackAll of Wall Street’s major indexes struggled out of the gate Friday, reflecting a weak pre-market for Dow…

GE Ignites 100-Startup Fire Sale in Last-Ditch Bid to Save Crumbling Stock

GE Ignites 100-Startup Fire Sale in Last-Ditch Bid to Save Crumbling Stock

Following a vicious stock price downturn, GE is making a last-ditch attempt to raise cash.GE Ventures intends to sell its portfolio of investments in more than 100 startups as part of the firm’s “multiyear turnaround.”GE stock has plunged nearly 30% from its 52-week high at $14.44.By CCN Markets: Amid a “multiyear turnaround” which has seen…

Tesla Insider Picks Worst Possible Time for Stock Dump, Loses $1 Million

Tesla Insider Picks Worst Possible Time for Stock Dump, Loses $1 Million

TweetFacebookLinkedInBy CCN: Tesla stock is enjoying a roaring rebound this week. After months of slumping, Tesla is finally revving up. TSLA shares are nearly five percent higher this afternoon and have soared more than 15 percent from the recent bottom.One key Tesla insider is not enjoying the ride, however. That’s because Tesla Director Antonio Gracias…

Experts Reveal the Devastating Truth About This Stock Market Rally

Experts Reveal the Devastating Truth About This Stock Market Rally

TweetFacebookLinkedIn  By CCN: In the past four days, the Dow Jones has climbed from 24,721 points to 25,677 as a dovish Federal Reserve launched the U.S. stock market into a strong short-term recovery.Futures market traders believe there is a 75 percent chance of an interest rate cut by the end of July, subsequent to the…

Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

By CCN: A Wall Street legend warns that you should expect more pain in the stock market as President Donald Trump’s trade war with China rages on.Scott Minerd — the Global Chief Investment Officer and co-founder of Guggenheim Partners – says equities could suffer an even bigger sell-off this summer than they did in last…

Dems’ Mueller-Infused Impeachment Cry Roils Stock Market

Dems’ Mueller-Infused Impeachment Cry Roils Stock Market

TweetShareBy CCN: A surprise statement and resignation from special counsel Robert Mueller did little to help the wobbling stock market on Wednesday. The Dow briefly fell beneath 25,000 before rallying to back to 25,126, down 221 points for the day. Meanwhile, the Nasdaq closed down 0.79%. Mueller made it clear he did not exonerate the…

Tech-Averse Warren Buffett’s Company Wolfs $900 Million in AMZN Stock

Tech-Averse Warren Buffett’s Company Wolfs $900 Million in AMZN Stock

TweetShareBy CCN: By the end of Wednesday’s trading, Warren Buffett’s company Berkshire Hathaway had a stake in Amazon’s stock worth $904 million, an SEC disclosure reveals.To get a sense of scale for how big Amazon.com is, the $900 million stake in Amazon’s stock only puts Berkshire Hathaway in control of 0.1% of the e-commerce giant’s retail…

Trump Advisor’s Shock Admission Threatens to Rock Stock Market

Trump Advisor’s Shock Admission Threatens to Rock Stock Market

TweetShareBy CCN: Top Trump advisor Larry Kudlow admitted to Fox News’ Chris Wallace that “both sides will suffer” over the Trump administration’s U.S.-China trade war. You should expect the stock market will take heed of the likely loss of billions of dollars in business for the American automobile, agricultural, and tech industries when the bell rings…