• Microsoft says it will fix an Internet Explorer security bug under active attack
    TechCrunch

    Microsoft says it will fix an Internet Explorer security bug under active attack

    Microsoft has confirmed a security flaw affecting Internet Explorer is currently being used by hackers, but that it has no immediate plans to fix. Microsoft said all supported versions of Windows are affected by the flaw, including Windows 7, which after this week no longer receives security updates. The vulnerability was found in how Internet Explorer handles memory.

  • The Week Ahead: Monetary Policy in Focus, with the PBoC, BoJ, BoC, and the ECB in Action
    FX Empire

    The Week Ahead: Monetary Policy in Focus, with the PBoC, BoJ, BoC, and the ECB in Action

    It’s a big week on the monetary policy front, with stats also to influence…

  • Chipotle Mexican Grill (CMG) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Chipotle Mexican Grill (CMG) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Chipotle Mexican Grill (CMG) closed at $878.15, marking a +0.91% move from the previous day.

  • Adobe Systems (ADBE) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Adobe Systems (ADBE) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Adobe Systems (ADBE) closed at $349.74, marking a +1.26% move from the previous day.

  • Reuters - UK Focus

    US STOCKS-Wall Street hits new highs in strongest week since August

    Analysts expect earnings at S&P 500 companies to drop 0.8% in the fourth quarter, but forecast a 5.8% rise in the first quarter of 2020, according to Refinitiv IBES data. Billionaire David Tepper, who founded hedge fund Appaloosa Management, told CNBC that he remains bullish on U.S. equities. The Dow Jones Industrial Average rose 0.17% to end at 29,348.1 points, while the S&P 500 gained 0.39% to 3,329.62.

  • Google Joins The Trillion-Dollar Club: Who's Next?
    Zacks

    Google Joins The Trillion-Dollar Club: Who's Next?

    Google Joins The Trillion-Dollar Club: Who's Next?

  • Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT
    Zacks

    Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT

    Alphabet's trillion dollar valuation, Amazon's India troubles and TSM's upbeat earnings announcement are the top stories in this daily.

  • Top STock Analyst Reports for Microsoft, American Express & Others
    Zacks

    Top STock Analyst Reports for Microsoft, American Express & Others

    Top STock Analyst Reports for Microsoft, American Express & Others

  • Reuters - UK Focus

    US STOCKS-Wall Street strikes new high as housing data fuels optimism

    Analysts expect earnings at S&P 500 companies to drop 0.8% in the fourth quarter, but forecast a 5.8% rise in the first quarter of 2020, according to Refinitiv IBES data. Billionaire David Tepper, who founded hedge fund Appaloosa Management, told CNBC that he remains bullish on U.S. equities. At 2:42 p.m. ET, the Dow Jones Industrial Average was up 0.08% at 29,321 points, while the S&P 500 gained 0.22% to 3,323.95.

  • Which Stocks are in the $1 Trillion Club?
    Zacks

    Which Stocks are in the $1 Trillion Club?

    The $1 Trillion Valuation Club is one of the most exclusive groups on Wall Street, and it just added its newest member.

  • Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?
    Zacks

    Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?

    Shares of Google parent Alphabet Inc. (GOOGL) have jumped 9% in 2020 to help it ascend into the $1 trillion market cap club. Is it time to buy?

  • Amazon Is Left Out of Mega-Cap Tech Surge to Records
    Bloomberg

    Amazon Is Left Out of Mega-Cap Tech Surge to Records

    (Bloomberg) -- Major technology and internet companies have long fueled the U.S. stock market’s climb to record levels, but that trend has come with one notable exception: Amazon.com Inc., which has languished in a fairly narrow trading range for months.Amazon shares haven’t notched an all-time high since September 2018, in contrast to mega-cap peers like Apple, Microsoft, Alphabet and Facebook, which have been hitting records on a near-daily basis. Many of these names experienced pronounced draw-downs over the past year and a half, mostly due to disappointing earnings reports or outlooks. But they regained their momentum last year, as their growth assuaged investor caution. Amazon, however, remains about 8.5% below its own peak.Because of its long-term prospects, Amazon is about as close as a stock can be to a consensus choice among Wall Street firms. Over the near term, though, it is “the most hotly debated among investors” as “debates persist on both AWS and next day shipping efforts,” according to UBS analyst Eric Sheridan, referring to its Amazon Web Services cloud-computing business.Since the start of 2019, Amazon shares are up about 24%, below the 32% rise of the S&P 500, as well as the much larger gains seen in other bellwethers. Microsoft and Facebook are both up more than 60% since the start of last year, while Apple has doubled. The rally resulted in trillion-dollar valuations for Apple, Microsoft and Google-parent Alphabet, a milestone that Amazon briefly eclipsed in 2018.The underperformance reflects concerns over Amazon’s earnings trends, even as it has continued to grow revenue at a double-digit clip. Major investments into initiatives like one-day shipping are seen as headwinds, and shares “may be range bound ‘tactically’” given the impact of this spending, Morgan Stanley wrote on Thursday. The firm added that “near-term profitability is likely to still disappoint” because of these investments, even as it sees the effect as temporary and one-day shipping deepening Amazon’s competitive moat within e-commerce.Another key issue is the waning dominance of Amazon Web Services, which has long been a major driver for earnings and margins, but has faced growing competition from rivals like Alphabet and especially Microsoft. According to Bloomberg Intelligence, which cited IDC data, Amazon Web Services was 12 times larger than Microsoft’s cloud business in 2014. By 2018, the most recent year for which data is available, it was just four times larger.James Bach, an analyst at Bloomberg Intelligence, wrote that Amazon was particularly facing “stiffer competition” with government contracts. “Microsoft’s extensive sales experience, installed base within U.S. agencies and broad range of edge-computing products all make a compelling offering,” he wrote. Microsoft is “uniquely positioned to claim market share as federal agencies upgrade and secure IT systems.”In October, Microsoft beat out Amazon for a $10 billion Pentagon cloud contract, a deal Amazon had been seen as the favorite to win. The company subsequently claimed it lost the contract because of political interference by President Donald Trump, and filed a lawsuit challenging its validity.Amazon earlier this week named a new sales chief for AWS. Deutsche Bank wrote that the “magnitude of personnel changes” at AWS, along with rising competition, underscored the “increased risk of further deceleration” at the business.Separately, Morgan Stanley this week wrote that a quarterly survey of chief investment officers suggested some cause for caution about AWS growth. “Quarterly survey results can be volatile, but AWS saw a notable [quarter-over-quarter] drop in net expected budget share gains” over the next three years, analyst Brian Nowak wrote. “It will be important to continue to monitor these metrics going forward as we think about AWS forward growth.”Amazon is expected to report fourth-quarter results later this month. According to data compiled by Bloomberg, Wall Street is looking for revenue growth of nearly 19% and expecting net income to fall by nearly a third. AWS revenue is seen growing more than 30% on a year-over-year basis, according to a Bloomberg MODL estimate.Wall Street remains almost unanimously positive on the stock. According to data compiled by Bloomberg, 53 firms recommend buying the stock, compared with the four with a hold rating. None advocate selling the shares.To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven Fromm, Janet FreundFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GBP/USD Weekly Price Forecast – British Pound Continues To Look Choppy
    FX Empire

    GBP/USD Weekly Price Forecast – British Pound Continues To Look Choppy

    The British pound went back and forth during the course of the week, as we get a lot of push back and forth from both buyers and sellers. The Friday session had a very poor retail sales figure release, and that of course weighed upon the market.

  • GBP/USD Price Forecast – British Pound Suffers Retail Sales Shock
    FX Empire

    GBP/USD Price Forecast – British Pound Suffers Retail Sales Shock

    The British pound pulled back after initially trying to rally during Friday as the retail sales numbers were miserable in the United Kingdom. That being said, we are still very much in an uptrend and it will be interesting to see whether or not we can continue.

  • Tractor Supply Expands Feed Products With Triple Crown Launch
    Zacks

    Tractor Supply Expands Feed Products With Triple Crown Launch

    Tractor Supply (TSCO) is set to launch Triple Crown premium horse feed products. The move is likely to aid the top line and revive the stock's performance.

  • Envestnet and Invesco Launch ActivePassive Portfolio Suite
    Zacks

    Envestnet and Invesco Launch ActivePassive Portfolio Suite

    The latest offerings are expected to benefit Envestnet's (ENV) Envestnet Wealth Solutions segment that includes Envestnet | PMC.

  • Investing.com

    Dollar Rides Bullish Housing Data Higher

    By Yasin Ebrahim

  • Here's Why You Should Hold on to Charles River Stock Now
    Zacks

    Here's Why You Should Hold on to Charles River Stock Now

    Charles River's (CRAI) strong international presence contributes significantly to top-line growth.

  • Hyatt (H) Launches Hotel in Waco, Texas, Expansion on Track
    Zacks

    Hyatt (H) Launches Hotel in Waco, Texas, Expansion on Track

    Hyatt (H) announces the opening of Hyatt Place Waco-South in Waco, TX. The company's efforts to expand presence worldwide are noteworthy.

  • Hilton (HLT) Launches Lifestyle Brand 'Tempo by Hilton'
    Zacks

    Hilton (HLT) Launches Lifestyle Brand 'Tempo by Hilton'

    Hilton (HLT) fortifies presence with the launch of a new lifestyle brand, Tempo, by Hilton.

  • Accenture to Help ACLI Members With Innovation Strategies
    Zacks

    Accenture to Help ACLI Members With Innovation Strategies

    Accenture (ACN) collaborates with ACLI to enable insurers bring innovation to their businesses through digital technologies.

  • Wingstop (WING) Stock Down 4% on Preliminary Q4 Results
    Zacks

    Wingstop (WING) Stock Down 4% on Preliminary Q4 Results

    Wingstop (WING) continues to witness robust digital sales growth. In fourth-quarter fiscal 2019, digital sales are likely to increase 39%.

  • Boston Scientific Gets a Boost From New Products, Buyouts
    Zacks

    Boston Scientific Gets a Boost From New Products, Buyouts

    Boston Scientific's (BSX) recent takeovers of BTG, NxThera, Claret Medical, VENITI and Augmenix make us optimistic about their positive synergies to be added to the company portfolio.

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