Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai. STR | AFP | Getty Images Check out the companies making headlines in midday trading. Didi Global — Shares of the Chinese ride-hailing giant climbed 3%, on pace for double-digit gains on the week amid a Bloomberg
Oil prices pushed past $70 for the first time in a month in late-day trading Thursday. The rally is breathing new life into the energy sector, which is up 2.5% at this writing. For the past quarter, energy stocks have been lagging the broader market, so shareholders are cheering the newfound strength. To celebrate the
On Sept. 1, Zoom Video (NASDAQ:ZM) stock was executing a “dead cat bounce.” As in, even a dead cat will bounce if thrown from high enough up. Source: Michael Vi / Shutterstock.com After reporting “disappointing” results, net income of $317 million, $1.04 per share, on revenue of $1.02 billion, up 54% year over year, the
Have you seen gene editing and sequencing stocks recently? Source: Connect world / Shutterstock.com Illumina (NASDAQ:ILMN) is up 20% over the past three months. Beam Therapeutics (NASDAQ:BEAM) is up 45%. Editas Medicine (NASDAQ:EDIT) is up 90%. Intellia Therapeutics (NASDAQ:NTLA) is up 150%. Folks, the Genomic Revolution is here. And while everyone can see those big
In this article XOM A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber. The hedge
Traders on the floor of the New York Stock Exchange, June 18, 2021. Source: NYSE After a weak jobs report, strategists say investor focus may stay on strong profit growth rather than other potential negatives. Stocks were mixed in the past week, ahead of the long Labor Day weekend, with the Nasdaq outperforming, the S&P
A leader in the online sports gambling industry, DraftKings (NASDAQ:DKNG) is expanding its presence across the States and is expected to benefit from the upcoming football season. The company is making well-timed moves to build new offerings and achieve growth. It has successfully partnered with some of the top sports companies to offer a unique experience
Nvidia (NASDAQ:NVDA) stoc has pulled back from the all-time highs after a red-hot run post-earnings. Source: Sundry Photography / Shutterstock.com NVDA stock traded just past the $230 level before ultimately losing momentum. Certainly, some of the rally was warranted given the earnings beat and dovish Fed speak from Jackson Hole. The relentless rally has now
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Fidelity Investments reported that the number of 401(k) millionaires—investors with 401(k) account balances of $1 million or more—reached 233,000 at the end of the fourth quarter of 2019, a 16% increase from the third quarter’s count of 200,000 and up over 1000% from 2009’s count of 21,000. Joining the ranks of the 401(k) millionaires is actually quite achievable,
These five ETFs are the best performers in the bull market that turned ten years old. First Trust Dow Jones Internet Index Fund: https://www.zacks.com/funds/etf/FDN/profile?cid=CS-YOUTUBE-FT-VID Invesco NASDAQ Internet ETF: https://www.zacks.com/funds/etf/PNQI/profile?cid=CS-YOUTUBE-FT-VID Invesco S&P 500 Pure Value ETF: https://www.zacks.com/funds/etf/RPV/profile?cid=CS-YOUTUBE-FT-VID First Trust NYSE Arca Biotechnology Index Fund: https://www.zacks.com/funds/etf/FBT/profile?cid=CS-YOUTUBE-FT-VID IShares U.S. Aerospace & Defense ETF: https://www.zacks.com/funds/etf/ITA/profile?cid=CS-YOUTUBE-FT-VID Boeing: https://www.zacks.com/stock/quote/BA?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID
Although special purpose acquisition companies, or SPACs, gained notoriety over the trailing year-and-a-half period, they do offer a clear advantage to retail investors. Without these blank-check firms, regular folks may not have a chance to buy names like Skillz (NYSE:SKLZ) stock. Source: NYCStock / Shutterstock.com That’s because traditional market debuts are comparatively onerous, perhaps enough
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubling ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies
Exterior view of the New York Stock Exchange and Wall Street on June 2, 2021. Kena Betancur | VIEW press | Corbis News | Getty Images The IPO pipeline this fall is filling up quickly. The IPO market has already had its busiest year since the internet bubble in 2000, and the fall will likely
Check out the companies making headlines before the bell: Didi Global (DIDI) – Didi rallied 4.3% in the premarket following a Bloomberg report that Beijing was considering taking a stake in the ride-hailing company and possibly bringing it under state control. It is unclear what size stake Beijing would consider taking in the company. Netflix
Allegations of fraud against Cassava Sciences (NASDAQ:SAVA) are unlikely to stop its Alzheimer’s drug candidate from quickly advancing to a Phase 3 clinical trial. As a result, I remain very bullish on SAVA stock. Source: Shutterstock One of the most important reasons is an issue that hasn’t been explored very much yet. Specifically, none of
Since before Robinhood (NASDAQ:HOOD) stock went public a month ago, the phrase “Robinhood stock” has been part of the vocabulary. Source: dennizn / Shutterstock.com These are stocks beloved of small investors, who often trade on Robinhood’s app and exchange views on Reddit’s r/Wallstreetbets. But after looking at its June quarter earnings report and what has
Online personal finance company SoFi Technologies (NASDAQ:SOFI) is one of the most relevant offerings in the market today. As data from the U.S. Census Bureau confirms, the portion of retail transactions conducted via e-commerce channels has exploded. It only makes sense for financial requests to shift online too, bolstering the already-promising case for SOFI stock.
In this article IYG A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. Eduardo Munoz | Reuters August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid-19 delta
After Digital Turbine (NASDAQ:APPS) posted its fiscal first-quarter results, investors appeared to be disappointed by its earnings. APPS stock fell after the earnings report, despite providing good fiscal Q2 guidance. Indeed, the mobile advertising platform firm has multiple catalysts ahead that will sustain the company’s growth. Source: Apple.com The Street is shortsighted as usual and