AT&T (NYSE:T) participated in the Bank of America (BofA) Communications and Entertainment Conference on Sept. 14. The CFO, Pascal Desroches, shed more light on its upcoming WarnerMedia combination with Discovery Inc (NASDAQ:DISCA). He also discussed the resulting expected dividend cut. Since then, T stock has kept falling. Source: Jonathan Weiss / Shutterstock.com So far this
Epic Games has handed Apple (NASDAQ:AAPL) an epic defeat. Epic Systems, the maker of “Fortnite” and other popular games, launched a massive lawsuit against the company years ago for allegedly anticompetitive behavior. And, in a surprise to many observers, a judge largely agreed. Source: Shutterstock On Sept. 10, a judge ruled on the long-running Epic
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Triple Top Pattern: – A reversal pattern. – It forms from a previous uptrend. – You need to be aware that this pattern has the potential to be multiple patterns, and you cannot be sure that it is a triple top until it hits the third point on the resistance line. – Once it breaks
Congratulations! You decided to move to another state to fulfill your dream. Does your current insurance cross state lines with you? It may or may not. However, there are things you can do to make sure you keep your coverage or pick up new coverage to avoid gaps. Don’t be the person who breaks a
An artist’s illustration of the Axiom modules attached to the International Space Station. Axiom Space The National Aeronautics and Space Administration plans to retire the International Space Station by the end of this decade, so the U.S. space agency is turning to private companies to build new space stations in orbit – and expects to
In this article AAL COIN AZN-GB Bundles of steel from Nucor Corp. sit for sale to at Thompson Building Materials in Lomita, California, U.S., on Thursday, Aug. 30, 2012. Patrick Fallon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Delta Air Lines — Shares of
An earlier version of this story included companies that are scheduled to report earnings on Thursday, not Wednesday. The errors have been corrected. SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Wednesday’s session are Google Inc., and Barnes and Noble Inc.
ViacomCBS (NASDAQ:VIAC) produced excellent growth for its Q2 results ending June 30, but free cash flow (FCF) was disappointing. Except for its growth in Q1 2021, the company said that its FCF was just $75 million, vs. $1.589 billion last quarter. Nevertheless, VIAC stock could be at least 23% higher next year if its FCF
One of the biggest mistakes I made after joining InvestorPlace was to give up on Costco Wholesale (NASDAQ:COST) stock. Source: Helen89 / Shutterstock.com I had a nice profit. I could have stayed in. But, fearing the process of demographic change – young people moving into small apartments – I bailed. Since then, Costco stock is
Investors pay up for growth. Witness Pinterest (NYSE:PINS). Revenues grew 48% in 2020. They rose 26% between the first and second quarter 2021. They should easily exceed the 2020 total after Q3 numbers are announced on Oct. 28. If 2021 sales hit $2.246 billion, the current PINS stock price equates to about 15 times sales. Source:
Sentiment on Wall Street has taken a turn for the worse of late. Overall the bulls are still in control of the charts. However, the bears have recently made progress. The good news that it’s more to do with sentiment than actual fundamental deterioration in the macroeconomic conditions. This is my long way of saying
Kevin Matras explains how Zacks Ultimate works in this educational video.
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Bed Bath & Beyond Inc., GoPro Inc., and Nike Inc. After Wednesday’s closing bell, Bed Bath & Beyond BBBY, +2.90% reported quarterly earnings that fell short of analysts’ estimate. Shares fell 5.7% in after hours.
The markets are entering the last quarter of another eventful year for equities as an asset class. Without doubt, the year will be remembered for Reddit and Meme stocks. It’s also a year when Robinhood (NASDAQ:HOOD) trading platform gained significant traction as millennials took a plunge into stock trading. In general, meme stocks were among
For years, many analysts considered Alibaba (NYSE:BABA) stock to be a no-brainer investment on the mercurial growth of the Chinese economy, particularly its burgeoning technology sector. Source: BigTunaOnline / Shutterstock.com For the most part, they’ve been right, with BABA stock soaring following some rough outings post its initial public offering. Today, the circumstances have completely
Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. After a couple of slow weeks, we now have a veritable parade of leading blue-chip company earnings to look forward to. During the week of Sept. 20, we’ll hear from leading technology, shipping, food and clothing companies, all of which could move
President Joe Biden campaigned on an economic platform to shore up the middle class, extend health care, raise taxes on the wealthy, and invest trillions of dollars in green energy infrastructure, among other issues. On March 11, 2021, Biden won his first major economic victory when he signed the American Rescue Plan Act of 2021
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In today’s episode of let’s talk stocks, we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock