Finance

The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Celgene Tim Seymour was a buyer of Alibaba Karen Finerman was a buyer of Foot Locker Guy Adami was a buyer of Nordstrom Trader disclosure: On August 8, 2018 the following stocks and commodities mentioned or intended
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Twitter Karen Finerman was a buyer of Michael Kors David Seaburg was a buyer of Ethereum Classic Guy Adami was a buyer of Advanced Micro Trader disclosure: On August 7, 2018 the following stocks and commodities mentioned
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of AT&T Carter Worth was a buyer of Disney David Seaburg was a buyer of Pfizer Guy Adami was a buyer of Wynn Resorts Trader disclosure: On August 6, 2018 the following stocks and commodities mentioned or intended
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When fear and loathing is at its greatest, then it’s time to buy, or so the theory goes. Negative sentiment has been abundant around emerging market (EM) assets over the last four months. Investors who flooded into riskier higher growth plays to chase higher returns in a low volatility, low interest rate world, fled the
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Brendan McDermid | Reuters A banner for communications software provider Twilio hangs on the facade of the New York Stock Exchange to celebrate the company’s IPO in New York City, June 23, 2016. Check out the companies making headlines after the bell: Twilio stock rocketed 16 percent in after-hours trading. The cloud communications company massively
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As Mario Roussanov, a recruiter for hedge funds, began making his annual visit to clients this year, the change was apparent. Cubicles had been replaced by open-plan layouts, workers were increasingly donning jeans and casual shirts at places that once favored suits and ties, kitchens were fully stocked with food for employees, and pods, libraries
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Square generated $37 million in revenue on bitcoin in the second quarter but it spent almost as much to offer free trading of the volatile cryptocurrency on its Square Cash App. For now, the payments start-up says it’s not relying on crypto to add to its bottom line. “It’s not a major monetization engine,” Square’s
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Payment company Square beat Wall Street estimates for the second-quarter results Wednesday, helped in part by higher transaction volume. Here’s how the company did compared with Thomson Reuters consensus estimates: EPS: 13 cents per share vs. 11 cents expected. Adjusted revenue: $385 million vs. $367.6 million expected. Shares of the company rose 0.25 percent in
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Wall Street is impressed over Apple’s strong June quarter earnings results. Analysts say they are growing more confident in the future prospects of Apple’s services business, which includes its App Store, Music subscription and cloud services offerings. On Tuesday the smartphone maker posted better than expected fiscal third-quarter earnings per share of $2.34, beating the
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Wall Street’s expectations for Twitter have been appropriately reset as evidenced by the recent nosedive in the company’s stock, according to Nomura Instinet, which upgraded shares to neutral from reduce on Tuesday. “Dealing with traffic and content quality on these platforms as well as protecting users’ privacy comes at a cost and is likely to
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The global esports industry is on fire and, now, some investors are getting bullish on the industry. “No question this is changing the landscape for media companies and how people are participating in sports,” Tim Seymour, co-founder and managing partner at Triogem Asset Management, a hedge fund, said on “Fast Money” Monday. Last weekend, the
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