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Facebook stock gains after Stifel, Piper Jaffray hike price targets ahead of earnings

“He has a buy rating on the stock and increased his price target to $242 from $202” writes Emily Bary for marketwatch.com. FB, -0.61% are up 0.6% in premarket trading after analysts at Stifel and Piper Jaffray raised their price targets ahead of the company’s July 25 earnings report. Facebook shares are up 26% over the past 12 months, while the S&P 500 SPX, -0.40% has gained 13%. Source: marketwatch.com Share This:

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More people are tapping equity—and other real estate trends

“Interest rates on HELOCs are variable and go up when the Federal Reserve raises short-term rates” writes Holden Lewis for marketwatch.com. You can point the finger at many causes for the housing shortage, and one of them is rising mortgage rates.And as mortgage rates rise, some homeowners will feel compelled to tap their equity rather than refinance or sell.Not everyone is convinced that mortgage rates will keep going up.It’s called rate lock-in: Homeowners are reluctant to sell their homes and abandon their sweet mortgage rates. Source: marketwatch.com Share This:

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Netflix cut at UBS to neutral from buy

“UBS downgraded its Netflix Inc. rating on Thursday to neutral from buy, though it increased the price target to $425 from $375” writes Sarah Toy for marketwatch.com. But the firm also said they saw “weakening US consumption trends” for Netflix in the second quarter, based on data from comScore. The company’s price has risen 118% so far this year, while the S&P 500 SPX, +0.64%   has gone up 3.8%. Source: marketwatch.com Share This:

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These five ‘mega trends’ are producing soaring stocks regardless of Trump, tariffs or the economy

“One way to play this mega trend is via mega-cap tech companies that have the scale to play this trend widely” writes Jeff Reeves for marketwatch.com. Companies such as China’s NetEase NTES, +2.44% gets 68% of its revenue from mobile gaming, and is enjoying a nice tailwind from the growth of smartphones in Asia.That presents a host of interesting opportunities for investors, including a play on emerging market expansion as well as yet-to-be-realized growth at home.But there are still stocks that are very much on the upswing regardless of trade…

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LSC Communications’ stock sinks to pace NYSE losers after J.P. Morgan turns bearish

“The stock has now shed 6.9% year to date, while the S&P 500 SPX, +0.76% has gained 3.3%” writes Reporter Editor for marketwatch.com. “Overall, we believe risk is skewed to the downside and look for better longer-term fundamental trends in the core business before becoming more positive on the stock,” Quadrani wrote in a note to clients.Prior to Friday’s selloff, the stock had rocketed 31% in the two months ended Thursday.LKSD, -14.41% sank 13% in afternoon trade Friday, enough to make them the biggest decliner among NYSE-listed stocks, after J.P.…

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World famous hacker Kevin Mitnick confirmed as one of many speakers at INSIDE TRENDS conference

“Organised by Business Insider Polska, Business Insider’s INSIDE TRENDS conference is confirmed to be taking place on October 18 and 19 this fall” writes Finanzen Net Gmbh for businessinsider.com. The conference, which will see world-class experts hosting discussions on global market trends, is expected to be one of the biggest events on business trends in Europe this year.Set to take place at the Centrum Praskie Koneser in Warsaw, confirmed speakers at INSIDE TRENDS include world-famous hacker Kevin Mitnick, inventor of the flying car Juraj Vaculik, as well as Igor Bogicevic,…

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Chirp brings Twitter back to Apple Watch

“As compared with the well-established Tweetbot, an iOS-focused app that lets users view specific tweets on the Apple Watch, Chirp enables you to see your whole Twitter timeline on the Watch” writes Jeremy Horwitz for venturebeat.com. Unlike Twitter’s February 2018 decision to discontinue its official macOS app, which had excellent third-party alternatives, the service’s September 2017 cancellation of its Apple Watch app left users with few options.Chirp also includes buttons to access trends, mentions, likes, and your profile, as well as a search feature.Chirp is particularly interesting in that it focuses…

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Scant abortion-related ER visits suggest there’s no medical basis for restrictive laws, study says

“The regulations have led to the shuttering of many clinics where abortion services were provided” writes Melissa Healy for latimes.com. Between 2011 and 2014, the total number of facilities providing abortion services in the United States declined 3%, from 1,720 to 1,671, according to the Guttmacher Institute, which tracks trends in reproductive health. The toll on clinics — smaller facilities that have been most directly affected by the stricter regulations — was greater, with 6% shutting down in the same period. Source: latimes.com Share This:

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