Nike Inc. (NYSE: NKE) is scheduled to release its most recent quarterly results in the coming week, but one analyst has already weighed in on the apparel giant. As we all know, Nike was the worst performing Dow Jones Industrial Average stock in 2016, but so far in 2017 it has been one of the better performing Dow stocks. According to the analyst’s report, the company stands to run even more....More>>>
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With domestic markets contracting, American investors are turning to....More>>>
China’s home sales surged to a record high last month, despite a prolonged government campaign to curb property speculation.
Sales by value, excluding affordable housing, jumped to a record 1.45 trillion yuan ($225 billion) in December, gaining 21 percent at the fastest pace in six months, according to Bloomberg calculations based on data released Thursday by the National Bureau of....More>>>
The market has cooled on Chinese dot-com stocks in recent months, but I’m not the market. I initiated a position in Sogou (NYSE:SOGO) earlier this month. China’s second-largest search engine went public at $13 in early November, and after an initially warm investor reception, the stock started to break down. It’s been a busted IPO — trading below $13 — since late November.
Alibaba Group Holding Ltd could be set for a period of rapid growth ahead and could be a safe long-term bet.
The push into the cloud services market has proved a revelation for a number of companies such as Microsoft (NSDQ:MSFT), International Business Machines (NYSE:IBM), Amazon (NSDQ:AMZN)etc. as the global public cloud services market is expected to be worth nearly $300+ billion over the....More>>>