In this article TGT V TJX LCID RIVN TSLA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target — The retail giant saw shares fall nearly 5% despite posting beats
Lately, there hasn’t been too much excitement around Nokia (NYSE:NOK) — at least compared to the jaw-dropping spike it experienced during the “meme stock” phenomenon earlier this year. Or, the more gradual run-up that NOK stock saw during the summer, thanks to company-specific factors. Source: rafapress / Shutterstock.com It seems that the meme crowd has turned
In pre-market trading on Friday, cannabis grower Sundial Growers (NASDAQ:SNDL) saw a 33% gain in its share price. Investors who witnessed the move in SNDL stock could have concluded the company had just delivered explosive third-quarter earnings results. Source: Postmodern Studio / Shutterstock.com However, a subsequent cool-off to a 13% gain midway through Friday’s session
Short selling biotechnology stocks is a dangerous game to play. However, Deciphera Pharmaceuticals (NASDAQ:DCPH) has been a boon to the bears as DCPH stock is far below its peak price. Source: Iryna Imago / Shutterstock.com Don’t get me wrong — you don’t actually have to short the stock, as this could lead to substantial capital
Narratives are vitally important in the stock market. In the case of AT&T (NYSE:T) stock, it isn’t particularly positive. Source: Roman Tiraspolsky / Shutterstock.com That’s because AT&T has undergone a very long period of stagnation. Despite multiple attempts to revitalize its business and increase share prices, not much has changed. A decade ago, T stock
The view from SpaceX’s Crew Dragon spacecraft Endeavour of the International Space Station, as well as the company’s Crew Dragon spacecraft Resilience, as the capsule approached to dock on April 24, 2021. NASA TV The Russian military has destroyed a defunct satellite, showering low Earth orbit with shrapnel and causing astronauts to shelter on the
Take a look at some of the biggest movers in the premarket: Rackspace Technology (RXT) – Rackspace beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said
Lucid Group (NASDAQ:LCID) just released its Q3 financial results on Nov. 15, showing that its order book is growing nicely. It is now clearly seen as a real force in the luxury end of the electric vehicle (EV) market. As a result, LCID stock is bound to move substantially higher from here. Source: Around the
Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also
Preston Pysh talks with Bitcoin influencer, Croesus, about his articles on Bitcoin’s adoption curve and value proposition. IN THIS EPISODE, YOU’LL LEARN: 00:00 – Intro 01:05 – Why the yuppie elite do not get Bitcoin – Unit Bias 17:11 – The two types of models to understand the value of Bitcoin 21:36 – Why the
In this video, we’re going to talk about the difference between buying a call and selling a put. You’ll understand this quickly because we will go into details that will be a real eye-opener for you. You’re going to see in which scenarios you’re going to make money. Also, I’ll show you when you need
72 The latest reading of the New York City Recovery Index out of a possible score of 100. New York City’s economic recovery index experienced a slight increase the week of Sept. 18, rising from an overall score of 71 to 72 after falling by as much as six points the week before. A partial
Gold is one of the best performing assets this year; should investors invest in gold ETFs? (SPY, GLD, IAU). SPDR S&P 500 ETF: https://www.zacks.com/funds/etf/SPY/profile?cid=CS-YOUTUBE-FT-VID SPDR Gold Share: https://www.zacks.com/funds/etf/GLD/profile?cid=CS-YOUTUBE-FT-VID iShares Gold Trust: https://www.zacks.com/funds/etf/IAU/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
In recent days, Ocugen (NASDAQ:OCGN) has been a source of windfall profits for both fast-money retail traders and the stock’s deeply entrenched bear camp. But for less fleet-footed investors, it’s likely time to move on from OCGN stock. Let me explain. Source: shutterstock.com/PhotobyTawat Reddit’s excessive influence on a subset of companies’ shares has been a
Before the COVID-19 pandemic, Merck (NYSE:MRK) stock was a good one to own. The performance of Merck stock matched that of the S&P 500, and it paid a steadily rising dividend. Source: Atmosphere1 / Shutterstock.com Since then, the obsession with growth and vaccines has told a different story. Over the last two years the average
In this article WMT CNBC’s Jim Cramer said Tuesday that Walmart shares should not be lower — characterizing the move as a Wall Street problem and not an indication of anything wrong with the retail giant’s quarterly results. Shares of Walmart opened down more than 1% and slid further on the notion that the company
In this article SOFI HOOD HD RIVN A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer
As we watch asset classes of almost every stripe reach astonishing heights, it seems as if nothing has gone according to intuition and logic following the initial strike of the novel coronavirus. But one of the most conspicuous examples of almost nonsensical circumstances is the labor market. Simply, many industries are suffering from a labor
After months of trading sideways, EV battery maker Quantumscape (NYSE:QS) has seen a big jolt in its share price. Thanks to the passage of the U.S. infrastructure bill, and progress with setting up its manufacturing operations, QS stock is up over 71% in the past month. Source: Michael Vi/Shutterstock.com As this latest run-up wraps up,
Barron’s reported on Nov. 8 that the New York State Teachers’ Retirement System sold 13,601 shares of GameStop (NYSE:GME) stock in the third quarter Source: quietbits / Shutterstock.com Fear not, meme-stock lovers. The pension fund still owns 61,150 shares of GME stock. According to WhaleWisdom.com, GameStop is the pension fund’s 532nd-largest holding, so it’s clearly