The U.S. is about to reclaim the top spot on the list of the world's fastest supercomputers. Summit, a $200 million system designed by International Business Machines (NYSE:IBM) for the Department of Energy's Oak Ridge National Laboratory, is tailor-made for big data and artificial intelligence (
Value investors get a bad rap. Sometimes, value investing is referred to as “cigar butt” investing, in that picking up cheap, undervalued stocks is equivalent to picking up mostly smoked cigars off of the sidewalk. A good friend and colleague of mine used to call me a “dumpster diver”. Guilty.
Why value? Personally, I hate overpaying. The old Wall Street maxim “buy....More>>>
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Some stocks are expensive but work out well anyway due to exciting earnings growth. Other times the best way to make money is to simply buy shares which are temporarily undervalued due to unimpressive current results.
&l;p&g;&l;img class=&q;size-full wp-image-1343&q; src=&q;http://blogs-images.forbes.com/mikescott/files/2018/01/CSP.jpg?width=960&q; alt=&q;&q; data-height=&q;445&q; data-width=&q;1000&q;&g; The Masdar-backed Gemasolar concentrated solar power plant in Spain. A similar plant will be open in the UAE in the next few years.
Even in the Middle East, home to some of the world&a;rsquo;s largest....More>>>
(Editor’s note: There is much greater liquidity on the Frankfurt Stock Exchange under ticker Z01).
The Elevator Pitch
Zooplus (OTC:ZOPLY) (OTC:ZLPSF) is the leading online retailer of pet food and supplies in Europe. Generally, in a commoditized market such as selling pet food, the lowest cost provider with the best customer service has the “right to win”. We believe....More>>>
Shares of Wynn Resorts (WYNN ) experienced marginal gains on Monday, just one day before the company is scheduled to report its first quarter financial results. This climb is part of a larger 9% surge over the last four weeks, which might suggest that investors are expecting big things from the resort and casino giant in Q1.
Wynn looks like it could be set for even more changes on top after....More>>>
&l;p&g;&l;img class=&q;dam-image shutterstock size-large wp-image-1048758089&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1048758089/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Bitcoin and gold might benefit from a bear market in stocks. Shutterstock
Stocks have encountered some notable volatility lately, with the benchmark S&a;amp;P 500 Index....More>>>
In the shortened Thanksgiving week, the US IPO market saw barely any activity, with a number of launches expected for the next week. The broader market continues to be supportive, with the Dow reaching an all-time high of 19,000 and the S&P 500 extending its post-election rally.
Presidio (Pending:PRDO), an IT services company which was LBO’d by Apollo in 2014, filed on Tuesday to....More>>>
Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or somewhere....More>>>
One decade ago, Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.
He won — big time — and in his annual letter on Saturday, the billionaire Chairman and CEO of Berkshire Hathaway (BRKA) Inc. outlined the final tally. He also took a jab at the hedge fund folks at the losing end.....More>>>
Stocks finished the week lower as oil prices fell and the Federal Reserve looks set to raise interest rates next week.
Agence France-Presse/Getty Images
The S&P 500 fell 0.4% this week after rising 0.3% to2,372.60 today, while the Dow Jones Industrial Average dropped 0.5% this week after advancing44.79 points, or 0.2%, to20,902.98 today. The Nasdaq Composite dipped 0.2% this week....More>>>
Rock Springs Capital Management LP lifted its stake in shares of Inogen Inc (NASDAQ:INGN) by 38.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 110,500 shares of the medical technology company’s stock after purchasing an addi
With an election looming, Australian Treasurer Scott Morrison will be firmly fixed on the next 12 months as a revenue windfall creates room for tax relief in Tuesday’s budget. For those with a stake in the economy’s longer-term fortunes, the devil will be in the details.
Consumer products giant Procter & Gamble Co. (NYSE: PG) sneaked into place as the worst-performing Dow Jones industrials stock this past week, edging out 3M Co. (NYSE: MMM). P&G stock dropped about 0.8% from its price last week, just enough to make the difference. For the year to date,
Birchcliff Energy Ltd. (TSE:BIR) declared a quarterly dividend on Thursday, June 14th, TickerTech reports. Stockholders of record on Tuesday, July 3rd will be paid a dividend of 0.025 per share by the oil and natural gas company on Tuesday, July 3rd. This represents a $0.10 annualized dividend an