We had more gains in the stock market today. While the SPDR S&P 500 ETF (NYSEARCA:SPY) hovers just below its 52-week high, the PowerShares Nasdaq ETF (NASDAQ:QQQ) actually hit new annual highs in Friday’s session. That’s as Amazon (NASDAQ:AMZN) posted a sharp post-earnings rebound. While shares finished lower on the day, down 1.1% at $1,761,
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Earlier this week, Canopy Growth (CGC) announced that it’d become the exclusive supplier of medicinal cannabis to Luxembourg – a country with a population of approximately 600,000. While Luxembourg’s population might not measure up to say… the 40 million people in California (or Canada), Canopy Growth’s exclusive arrangement is not insignificant. It’s anticipated that Luxembourg
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Founder of space company Blue Origin, Jeff Bezos, speaks about the future of commercial space travel. Brent Lewis | Denver Post | Getty Images Check out the companies making headlines in midday trading: Amazon stock plunged more than 7% in after-hours trading after the e-commerce giant reported third-quarter earnings fell short of street expectations. The
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Real estate investment trusts have been on a roll for a while now. It might be that the last time you heard from the REITs was when shopping malls were emptying out due to e-commerce competition and everyone was writing an epitaph for mall REITs. But those days are gone. And there are far more
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Tilray (NASDAQ:TLRY) stock seems to be in disarray after having declined by more than 90% from its all-time-highs. But the company’s September 2019 presentation seems to indicate that the opportunities of the cannabis industry are endless. Source: Jarretera / Shutterstock.com That may be true, but the presentation does not touch on a single challenge facing
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The Gold Miners Index has rallied 60% off of its September 2018 lows. Despite this significant move higher, valuations remain subdued on a historical basis. Given the likely robust revenue growth rates we’ll see in Q3 and Q4 earnings reports, any weakness is likely to get bought up by funds into Q1 2020. The Gold
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ExxonMobil (NYSE:XOM) will report its earnings on Nov. 1 before the opening bell. The company has suffered amid falling oil and natural gas prices. Moreover, this report comes as Exxon stands accused of misleading investors about its climate change-related costs. However, these short-term headwinds could actually make the long-term outlook of XOM stock more attractive.
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Etsy (NASDAQ:ETSY) is an online marketplace for handmade goods. That may not seem like a big business, but it’s big enough for the company to carry a $6.7 billion market cap. Certainly that’s about 20% of the size of online merchandiser eBay (NASDAQ:EBAY) and more than two orders of magnitude smaller than Amazon (NASDAQ:AMZN). But
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Accounting for the nasty post-earnings tumble in shares of semiconductor maker Texas Instruments (NASDAQ:TXN), things could have been much worse for stocks on the Dow Jones today than the final tallies showed. Source: Venturelli Luca / Shutterstock.com Semiconductor stocks are widely considered to be tech bellwethers, so when one of those names struggles in fashion
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I recently read an article celebrating Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) 21st birthday. In it, the author reeled off 21 reasons why Google stock was worth buying.  Source: BigTunaOnline / Shutterstock.com This article got me thinking about Alphabet’s need to buy back more Google stock despite the fact that the shares are up 21% in 2019.  Loads
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