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Adam Sarhan WSJ Quote: Tesla Teeters as Earnings Loom
Tesla Teeters as Earnings Loom By Tomi Kilgore 11/5/13 With Tesla Motors Inc. teetering between two key technical levels, chart watchers say the electric-car maker’s earnings report could determine whether the stock speeds higher, or crashes, by as much as 40% over the next couple months. Tesla is technically still in a bull market, chart watchers say, but…
Sarhan In CNBC: Stocks snap 5-week win streak
Thursday, March 24, 2016 U.S. stocks ended off session lows Thursday, the final trading day of the holiday-shortened week, as oil prices recovered from session lows and the U.S. dollar index gave back some gains. ( Tweet This ) The Nasdaq composite closed 0.1 percent higher, as Amazon.comrallied 2.3 percent and the iShares Nasdaq Biotechnology…
Reuters: Box Beats Expectations With Steady Growth, Shares Jump
By Salvador Rodriguez | SAN FRANCISCO Shares of Box Inc (BOX.N) rose more than 4 percent in after-hours trading Wednesday after the cloud storage firm’s quarterly earnings edged ahead of Wall Street analyst’s expectations. The Redwood City, California-based company posted revenue of $117.2 million for the period, ahead of a Thomson Reuters i/b/e/s consensus forecast…
Reuters Quote: Alibaba options show investors wary ahead of lock-up expiration
(Reuters) – Alibaba Group Holding Ltd’s blockbuster IPO has been followed by a steady slide in its stock price, which options market players do not expect to abate, with nearly a fifth of its shares to be released for trading on Wednesday. The Chinese e-commerce giant’s stock soared after it first went public in September,…
@Forbes Quote: Investors Giving Up On China, Get Even More Bearish
If you like risk, then boy do Chinese brokers have a product for you. Two weeks ago, People’s Bank of China governor Zhou Xiaochuan told a gathering of Finance Ministers and central bankers at the G-20 meeting in Turkey that the current volatility in China’s mainland equity markets has worked itself out. Not quite. The Deutsche…
Adam Sarhan WSJ Quote: Brazil Drought Jolts Commodities' Prices
COMMODITIES Brazil Drought Jolts Commodities’ Prices Coffee, Sugar and Soybeans See Sharp Increases By ALEXANDRA WEXLER, JEFFREY T. LEWIS and LESLIE JOSEPHS Updated March 4, 2014 7:27 p.m. ET SÃO PAULO, Brazil—Brazil’s worst drought in decades is decimating crops but breathing new life into battered commodity markets. It hardly has rained in some of the…