Economic Reports This Week – Friday’s GDP could have a Big Impact on your Portfolio

Economic Reports This Week – Friday’s GDP could have a Big Impact on your Portfolio

President Bill Clinton famously said, “I did not have …”, hold up, wrong quote. During his initial campaign he stuck to the message of “It’s the economy, stupid.” Where stock prices finish the week will likely be determined by the...
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Micron Technology Gets Juiced by a Price Target Upgrade, Should Investors Jump In?

Micron Technology Gets Juiced by a Price Target Upgrade, Should Investors Jump In?

Shares of Micron Technology, Inc. NASDAQ: MU got a boost Thursday, rising 3% on the heels of a price-target upgrade from analyst Simon Woo. The Bank of America/Merrill Lynch analyst told clients he sees the memory maker’s shares finding $60....
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Toys “R” Us Could Be Making Big Comeback But Major Toy Makers Aren’t Enthused

Toys “R” Us Could Be Making Big Comeback But Major Toy Makers Aren’t Enthused

Toys “R” Us’s bankruptcy was a big blow for toy makers and for the economy last year. The company’s filing for Chapter 11 bankruptcy protection in September of 2017 may have contributed to a disappointing jobs report last summer. The...
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Intercept Pharmaceuticals Inches Closer to FDA Approval for First-Ever Nash Drug

Intercept Pharmaceuticals Inches Closer to FDA Approval for First-Ever Nash Drug

The first-ever NASH drug may be close to being approved by the Food and Drug Administration and it belongs to Intercept Pharmaceuticals. NASH, also called nonalcoholic steatohepatitis, is a serious liver disease that is caused by the accumulation of fat...
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Walmart Thrills the Street by Posting Strong Holiday Quarter Results

Walmart Thrills the Street by Posting Strong Holiday Quarter Results

Walmart just showed Amazon who’s boss. The world’s largest retailer posted holiday quarterly results that blew past expectations. For the fourth quarter, Walmart reported that sales at stores open in the United States for at least a year had jumped...
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Tesla’s CEO Says Company Will Not Get Involved with Cryptocurrency

Tesla’s CEO Says Company Will Not Get Involved with Cryptocurrency

Tesla’s CEO Elon Musk has announced recently that the electric car maker will not be getting involved with cryptocurrency. Musk admits that bitcoin is interesting but that it is not in Tesla’s plans. “Bitcoin’s structure is brilliant but I ...
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Coca-Cola Adds New Taste to its Brand for First Time in Over Ten Years

Coca-Cola Adds New Taste to its Brand for First Time in Over Ten Years

Orange vanilla coke is the newest flavor to be added to Coca-Cola’s line up and it’s the first time the beverage giant has added a new flavor in over a decade. The new tasted was debuted in February and both...
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Amazon Just Angered New York’s Mayor and Governor By Pulling Out of Headquarter Plans

Amazon Just Angered New York’s Mayor and Governor By Pulling Out of Headquarter Plans

While some are celebrating the fact that e-commerce giant Amazon has pulled its plans to set up a new headquarters in New York, many politicians are upset. Amazon’s move would have created thousands of jobs for New York but had...
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Chipmaker Nvidia Guides for a Weak First Quarter

Chipmaker Nvidia Guides for a Weak First Quarter

Not too long ago chipmaker Nvidia released mixed fourth quarter fiscal 2019 results. While the company beat in the top line, adjusted earnings came in below estimates. Revenues also saw a decline in the mid-twenties percent and GPU as well...
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