Dow Erases Big Gains as Clock Ticks on Government Shutdown, US-China Trade Negotiations

The U.S. stock market traded mixed-to-lower on Monday, as the Dow and other major indexes gave back gains amid high-stakes trade negotiations between the United States and China. DOW SWINGS LOWER The Dow Jones Industrial Average opened 136 points higher on Monday and was up by as much as 190 points through the early morning. …

Major Chip Stocks Slide on Nvidia Earnings and Apple’s Not Going to Help

Nvidia lowers its revenue guidance for the fourth quarter of 2018 sending its shares tanking downwards by 14%. Other chip stocks followed suit. Analysts say Apple’s imminent earnings report means it could get much worse for chipmakers. Shark Tank co-host Kevin O’Leary says: I do not want to own semis going into the Apple print. …

Nasdaq Cracks 7,000 as China Pledges More Stimulus

U.S. stocks broke out Tuesday morning, led by a sharp recovery in the tech-heavy Nasdaq after China pledged more stimulus measures to help reverse a moribund economy. Stocks Rise, Nasdaq Hits Milestone Wall Street’s major indexes were back on solid footing Tuesday morning after posting their first back-to-back losses of the year. The broad S&P …

Government Shutdown Doesn’t Stop Dow from Best Start Since 2006

The first seven sessions of trading have delivered the best start to a year for the Dow Jones Industrial Average and other stock market indices since 2006. Government Shutdown Continues, But so Does Dow Rally 800,000 workers went without pay on Friday due to the ongoing government shutdown. It’s now the longest in history with …

Bulls and Bears on Nvidia as the Chip Maker Moves into Robotics

After shelving a focus on processor chips for the cryptocurrency mining market, Nvidia is looking to robotics and artificial intelligence for future success. Nvidia’s Seattle Robotics Research Lab Nvidia has officially opened a 13,000 ft. robotics research lab in Seattle. The lab will have 20 Nvidia roboticists as well as 30 academic experts. The lab …

3 iPhone Models in 2019

Apple could be en route to replicating the same mistakes it made in 2018 which ultimately led to a 10 percent stock price plunge on January 4. According to a report released by The Wall Street Journal, Apple is planning to release three iPhone models in 2019. The problem is that many loyal customers of …

Government Shutdown, Trade War Have Doubled Risk of Recession

Despite a recent stock market rally that has seen the Dow Jones Industrial Average rally back toward 24,000, economists are warning that the partial government shutdown and other factors have put the United States economy at its greatest risk of plunging into a recession in more than half a decade. US Recession Grows More Likely …

Crypto Bottom Close But Not a ‘Safe Haven’ for Stock Market Downturn

Legendary venture capitalist Fred Wilson says 2019 might be a “doozy,” leading investors to be cautious. Cryptocurrency markets won’t be a “safe haven” amidst global uncertainty but: “There will be signs of life in crypto land in 2019.” Wilson believes the U.S will see a change in presidents this coming year. This will affect the …

Consumer Confidence Drops, Can Retailers Like Walmart End 2018 Well?

The confidence of consumers in the mid-term performance of the U.S. economy has declined, placing more pressure on retailers like Walmart and Target that have been struggling since the beginning of the fourth quarter of 2018. Along with major technology stocks in the likes of Apple and Amazon, retailers have been amongst the worst performing …