Category Archives: stocks

Chinese Tech Shares Dive Amid Spying Concerns

Relations between China and the U.S have become increasingly tense, with tariffs and accusations coming from both sides. The most recent dispute is about the global technology supply chain and the risks and vulnerabilities that stem from it. A Bloomberg … Continue reading

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Elon Musk Settles with SEC

Elon Musk of Tesla has reached an agreement with the SEC after they charged him with securities fraud. The lawsuit is a result of an August tweet by Musk that claimed he will be taking Tesla private at $420 per … Continue reading

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Weed Stocks Flying High

The three biggest marijuana stocks (Tilray, Canopy, and Cronos) have a market cap of about $40 billion, making the cannabis sector a major global industry. According to Statista, spending on legal cannabis is expected to reach $63.5 billion worldwide by … Continue reading

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U.S. Consumer Confidence Brightens

U.S. consumer sentiment, published by University of Michigan survey every month, is at 100.8 – one of the highest number recorded in recent years, representative of a 6.0% year over year change. An index number of 100 represents the conditions … Continue reading

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Snapping Dreams

Snapchat recently announced disappointing earnings again this season. Snap’s share price is trading at about 46% of its 52-week high. The company’s business model gyrates around airing advertisements which will net more revenue only if the company sees further user … Continue reading

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Microsoft Stock Surge

On Friday, October 21st (MSFT) stock price was over $60, for the first time since 1999 (the .com bubble.) The stock surged 5% on Thursday night and reached an all-time high for its stock price after the company released very … Continue reading

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Stocks Sell Off, Potential Rate Hike

On Friday September 9th, all three major indexes (Dow Jones, Nasdaq, S&P) posted their worst day since June 24th (Brexit.) The Dow Jones industrial average closed nearly 400 points lower, and had its worst week since January. The Nasdaq composite … Continue reading

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