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NASDAQ

The Ratings Game: ServiceNow leads S&P 500 gainers as outlook inspires confidence in IT spending NASDAQ

The Ratings Game: ServiceNow leads S&P 500 gainers as outlook inspires confidence in IT spending

ServiceNow Inc.’s shares surged Thursday after the cloud-based enterprise software company’s results and outlook breathed new confidence into an IT market some had feared was weakening, prompting most of the analysts covering the stock to hike target prices. ServiceNow NOW, +1.81%  shares rallied after the cloud-software company topped Wall Street…
bubmag
January 30, 2020
Key Words: Coronavirus shock could deliver double-digit hit to stock market, investor warns NASDAQ

Key Words: Coronavirus shock could deliver double-digit hit to stock market, investor warns

And by “shake the markets a bit”, Jeffrey Mills of Bryn Mawr Trust means a potential double-digit percentage drop in stocks. “A 5% to 10% drawdown would bring us right around the upward sloping 200-day moving average around 3,000,” he told CNBC in an interview this week. “In that case,…
bubmag
January 29, 2020
IPO Report: IPO market braces for first billion-dollar deals of 2020—and Casper seems to be getting the message NASDAQ

IPO Report: IPO market braces for first billion-dollar deals of 2020—and Casper seems to be getting the message

The initial public offering market is expected to crank into gear in the next two weeks, with at least two billion-dollar deals on the slate, including a well-known consumer name that may be viewed as a safe bet in a nervous market. Reynolds Consumer REYN, +1.45%, the maker of Reynolds…
bubmag
January 27, 2020
Market Snapshot: Dow futures pull back as stock market stages pause from record-setting rise NASDAQ

Market Snapshot: Dow futures pull back as stock market stages pause from record-setting rise

U.S. benchmark stock indexes finished lower on Tuesday, pulling back from records seen last week, after news that the Chinese coronavirus had spread to the U.S. raising fears of a pandemic that might affect global economic growth. How are benchmarks faring? The Dow Jones Industrial Average DJIA, -0.94% shed 152.06…
bubmag
January 21, 2020
Key Words: One of best investors of his generation says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’ NASDAQ

Key Words: One of best investors of his generation says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’

I love riding a horse thats running. David Tepper tells CNBC Perhaps, cribbing from the lyrics to the viral song Old Town Road, David Tepper is going to take his horse and ride till he cant no more. That is essentially the sentiment conveyed by the founder…
bubmag
January 17, 2020