|Day Low/High||103.34 / 105.35|
|52 Wk Low/High||73.15 / 151.00|
Jim talks Apple, Facebook, Twilio, Johnson & Johnson, and more!
Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.
U.S. stock futures are mixed as Wall Street awaits an expected rate cut - the third this year - from the Federal Reserve on Wednesday and earnings from Apple; Facebook, General Electric, Starbucks and Twilio also report earnings Wednesday; Fiat Chrysler and Peugeot owner PSA confirm they are in merger talks.
Going into Wednesday's Fed meeting, we can see the indicators look more like last month’s than July’s, here’s why.
We have Facebook, Apple, and Twilio set to report tomorrow after the market close.
Twilio (NYSE: TWLO), the leading cloud communications platform, today announced that it has joined the Alliance for Telecommunications Industry Solutions (ATIS) board of directors.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
Alphabet posts results Monday after the close while BP and Mastercard report Tuesday.
Markets ride earnings reports higher, pushing the S&P 500 close to its all-time closing and intraday highs.
This cloud stock could weaken further in the weeks ahead
Cloud stocks such as Twilio and Okta got a lift Thursday from ServiceNow's merely OK results, while Microsoft and Alphabet have very handsome prospects at a much more reasonable valuation.
In the market cap bracket between $5 billion and $100 billion sit some of the most egregiously overvalued, economically inefficient bubble stocks in this peaking market.
Jim discusses trade with China, what to think of Novartis before tomorrow morning's earnings release, an Apple price target increase at Raymond James and more!
TheStreet warned in April that pricey cloud stocks would fall to earth, and it's happened. But they may have lower still to go as investors turn away from pricey high-growth tech names.
This discounted value and the potential benefits of the merger/integration catalyst is why we continue view this stock as a hold despite its recent struggles.
It's time to move on from DD and we'll use this big down day in TWLO to get bigger in our position.
Twilio (NYSE:TWLO), the leading cloud communications platform, today announced that its third quarter fiscal year 2019 results will be released on Wednesday, October 30, 2019, after market close.
Stocks finish sharply higher Friday on signs the U.S. and China have taken steps to ease trade tensions between the two countries.
Jim discusses the latest headlines on trade with China and how it is driving a huge Friday rally, an analyst upgrade of Johnson & Johnson, and more!
Twilio gains after RBC Capital Markets initiates coverage with an outperform rating and a $135 one-year price target on what it sees as 'one of the most durable growth stories in software.'
Twilio (NYSE: TWLO), the leading cloud communications platform, today announced that it has joined the Messaging, Malware and Mobile Anti-Abuse Working Group (M3AAWG).
A volatile week ends with heightened expectations for at least one more rate cut from the Fed.
Twilio (NYSE: TWLO), the leading cloud communications platform, today announced the company is recognized as a worldwide leader in the IDC MarketScape for Cloud Communications Platform-as-a-Service ("CPaaS").
Gainers led losers in cloud sector Monday amid a broader market upswing to end the quarter.
It is going to take more than an oversold bounce on the last day of the quarter to change the character of this market.
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