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How Will the Latest Trade War Battle Affect Apple Shares?

by Jamie Johnson | Aug 5, 2019 | Markets

Shares of Apple fell 5% after the latest U.S.-China trade war escalation. On Monday, the Dow Jones Industrial Average fell by 700 points and the S&P 500 fell 2.7%. This puts the Dow on track for its worst-performing day of 2019.  Stocks fell across the board,...

Trade War 2019: Volatility Explodes as China Retaliates

by Dorian Holden | Aug 5, 2019 | Markets

The Volatility Index (VIX) is exploding. As the Dow Jones plummets 380 points this morning, the VIX is now above 20, sending investors into fear-based hedged bets including: ·     The iPath S&P 500 VIX Short-Term Futures ETN (VXX) ·     The...

Etsy’s Shares Fall in Spite of Strong Earnings Report

by Jamie Johnson | Aug 2, 2019 | Markets

The company reported gains in revenue and earnings but lowered its profit outlook. 2019 has been a year of solid growth for the e-commerce company Etsy. The company serves a niche market of buyers and sellers and has seen its shares rise more than 47% in 2019. ...

President Trump to Impose 10% Tariffs on Another $300 Billion of Chinese Goods

by Dorian Holden | Aug 2, 2019 | Markets

So much for that 300-point rally. Markets are now down more than 250. All as the trade war just got a bit worse. On September 1, 2019, the U.S. will be “putting a small additional tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from...

Fitbit Stock Plummets 21% Thanks to a Lowered 2019 Guidance

by Jamie Johnson | Aug 1, 2019 | Markets

The company saw sales of its Versa Lite smartwatch fall during the second quarter.   This week, Fitbit saw its shares plummet after releasing its second-quarter earnings report. The company cut its revenue guidance for the rest of the year, blaming this on...
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