The Company Behind Bitcoin
Written by True Market Insiders Digital currencies can be created at any time. Which is why the number of cryptocurrencies available over the internet is approaching 1,000 and growing. The most popular and considered the first digital currency is Bitcoin. It also happens to be the most valuable. In fact, just this past week, Bitcoin’s market value […]
Stock Analysis Genuine Parts
The following company analysis is about Genuine parts, one of the few dividend stocks out there, which have increased their dividends for 60 years. Genuine parts is typical cyclical investment, which currently trades at decent discount from its 5 year high. But let’s have a look if itworth an investment. Company Overview Genuine Parts Company […]
Goodyear’s (GT) Q3 Earnings Beat Estimates, Down Y/Y
The Goodyear Tire & Rubber Company (GT – Free Report) is one of the world’s largest tire manufacturing companies, selling under Goodyear, Kelly, Dunlop, Fulda, Debica, Sava and various other brands. North America is its leading market. Although it is also expanding in emerging markets to boost profits. Moreover, its capital allocation plan is expected to enhance shareholder […]
Saudi Rhetoric Sends Oil Prices To Two-Year High
Comments made by Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS), sent Brent crude to its highest in more than two years (highest since July 2015), above $60 a barrel, Reuters reports. West Texas Intermediate was more impervious to the comments, but it also gained a few cents, to the highest in six months. “The Saudis […]
Michigan Consumer Sentiment: October Final Remains Favorable
The University of Michigan Final Consumer Sentiment for October came in at 100.7, up 5.9 from the September Final reading of 95.1. Investing.com had forecast 100.9. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment slipped ever so slightly in late October, despite remaining at its highest monthly level since the start of […]
Spanish Senate Suspends Catalan Autonomy Invoking Article 155
The Spanish Senate approved invoking Article 155 of the Spanish Constitution. They basically gave a free hand to the Spanish government to act. PM Mariano Rajoy is expected to remove Catalan President Carles Puigdemont from his job. VP Oriol Junqueras will probably be removed as well. The approval by the Senate also allows the suspension […]
The Biggest Get Even Bigger
Below is a look at the 40 largest companies in the S&P 500. Today has been a big day for the largest companies in the world. They’re all trading higher on the back of strong earnings reports from Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN). Apple (AAPL) remains in the lead as the largest company […]
Chevron (CVX) Q3 Earnings Beat Estimates On Prices, Refining
Have you been eager to see how U.S. energy giant Chevron Corp. (CVX – Free Report) performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this San Ramon, CA-based company’s earnings release this morning: About Chevron: Chevron is one of the largest publicly traded oil and gas companies in the world, based […]
Tesla Slips Amid Signs Of Model 3 Production Troubles
Shares of Tesla (TSLA) dropped in premarket trading after the company was downgraded by an analyst due to a more cautious view on Model 3 production. Following reports that Tesla is planning to cut Model 3 parts orders from a Taiwanese parts supplier, another analyst trimmed his estimates on Tesla. CUTTING MODEL 3 PARTS ORDERS: […]
Shares Of Amazon Inc. Rip Higher On Yesterday’s Earnings Beat
After the close of Thursday, Amazon.com (AMZN) released Q3 earnings that smashed estimates and sent shares soaring in the post market. The online retailer posted earnings per share of 52 cents on $43.7 billion in revenues. This is compared to analyst estimates of just $41.6 billion in revenues. This is a nice surprise for investors, especially in […]
