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Amazon (NASDAQ: AMZN) stock price is down close to 12% from 52-weeks high of $2000 mark that it had hit three months ago. Traders’ concerns over lower than expected growth and market volatility are driving AMZN shares selloff. AMZN shares are currently hovering around the lowest level in the last six months. Despite the slump,…
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Seattle is becoming an essential place in North America for investors that are looking for strategic advantages. According to a recent report, Seattle is the most under-funded market in North America, followed by Salt Lake City. Seattle: An Innovation Market Chris DeVore, the founder and managing partner at Founders Co-op explained that Seattle remains the…
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Netflix (NASDAQ: NFLX) stock price bounced back after hitting $250 level last month. NFLX shares are currently hovering at $280. Some traders believe the stock price has hit the bottom of selloff while others claim it’s a dead cat bounce. Despite the latest selloff, Netflix shares are down almost 25% from 52-weeks high of $380….
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Apple (NASDAQ: AAPL) stock price rose to an all-time high after experiencing a huge selloff at the beginning of the years. The stock price jumped close to 60% from the 52-weeks low of $140 a share. AAPL shares are experiencing sustainable growth since the start of this year. The upside momentum is supported by investors’…
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Tesla Motors Inc. (NASDAQ: TSLA) electric pickup truck is expected to be unveiled in November this year. This is according to Elon Musk, the CEO of the company. This important and awaited announcement is expected to have an impact on the company’s stock. Tesla To Unveil Its Pickup Although there is no specific information about…
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A new survey has revealed that American teens prefer YouTube for their streaming services, edging out Netflix (NASDAQ: NFLX). The Piper Jaffray’s fall 2019 survey on teen spending trends and brand preferences found out that teens spend 37% of their daily video streaming time on YouTube and 35% watching Netflix. Piper Jaffray, an investment platform,…
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Facebook (NASDAQ: FB) continues to grow despite controversies regarding data management, user privacy, and the recently announced Libra digital asset. According to data provided by Statista, by the end of this year, Facebook could reach 2.5 billion active users per month. Facebook Close to 2.5 Billion Daily Active Users Facebook, the largest social media worldwide,…
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Following the call to join in bringing green bonds mainstream, PepsiCo Inc (NASDAQ: PEP), maker of Pepsi is issuing its first green bonds in senior unsecured green securities. The 30-year bonds, which will be due in 2049, may yield 95 basis points above treasuries, an anonymous source said. The bonds which already trade 94 basis…
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Microsoft (NASDAQ: MSFT) stock price rallied more than 35% since the start of this year. MSFT shares are currently hovering close to an all-time high of $140. However, analysts are expecting further upside momentum in MSFT shares. This is evidence from Barclays and Jefferies confidence in its future fundamentals. Analysts believe the bullish trend is…
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Gilead Sciences (NASDAQ: GILD) stock price slashed to 52-weeks low amid investors’ concerns over slower revenue and earnings growth. Its shares are trading around $62, down significantly from a 52-weeks high of $77 a share. Gilead shares are down 18% in the last twelve months. Although its dividends are safe, the dividend growth is limited….
