Text size Lulu Lemon Athletica shares dropped 12% this year before it reported earnings, then climbed 10% after the company beat earnings estimates. Octavio Jones/Getty Images The good news is that co...
Tag: North America
Constellation Brands and Murphy Oil Raised Their Dividends This Week
Text size This week was a slow one for dividend increase announcements. Freeze Frames/Dreamstime.com Constellation Brands and Murphy Oil were among the small number of companies that declared dividend...
Inflation Is Here to Stay. How to Adjust Your Portfolio.
Inflation is rampant and ubiquitous today, from the gas pump to the grocery store. The U.S. consumer price index has quadrupled in the past year, from a 1.7% annual rate in February 2021 to 7.9% this ...
Online Sports Betting Is a Buzzy Industry, but Where’s the Money?
Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...
Another Recession Indicator Just Flashed Red
An index tracking plane, train, and ground transportation stocks has dropped more than 20% from its recent high. Dreamstime.com Text size The Dow Jones Transportation Average slipped into bear market ...
Fintech Stocks Look Cheap. Why It Could Be Time to Buy.
Text size Wells Fargo has a strong outlook for the fintech sector. Dreamstime The fintech and digital payments sector has a new fan at Wells Fargo, who says the time to buy them is now. Analyst Jeff C...
Cathie Wood’s ARK Snaps Up Nearly $20 Million of UiPath Stock
Text size Cathie Wood’s ARK Innovation ETF purchased 867,331 shares of UiPath on Monday. Courtesy of ARK Cathie Wood’s ARK Innovation exchange-traded fund purchased 867,331 shares of UiPath , th...
SunPower Stock Is Upgraded. It Has an ‘Unobstructed Path’ to Growth.
Text size PV Salvador solar plant near El Salvador, in the Atacama Desert, northern Chile. The photovoltaic plant, built by SunPower, a California-based branch of Total, with a maximum output of 70 Me...
U.S. Stocks Poised to Open Slightly Lower on Monday
U.S. stocks are poised to open slightly lower on Monday. (Photo by Spencer Platt/Getty Images) Spencer Platt/Getty Images Text size U.S. stocks are set to open Monday slightly lower. On Sunday night, ...
Cathie Wood Sold Tesla Stock. She Is as Bullish as Ever.
Text size Tesla stock remains the biggest position in Cathie Wood’s ARK Innovation ETF. Courtesy of ARK Cathie Wood’s ARK Innovation ETF sold about 22,000 Tesla shares Thursday, according to her...
Tellurian Stock Is Upgraded Amid Rising Demand for Liquefied Natural Gas
Text size A natural gas processing plant. Dreamstime Shares of Tellurian were surging Friday after the stock was upgraded by Credit Suisse analysts, who cited optimism over the natural-gas producer’s ...
Walgreens Earnings Top Estimates but Its Outlook Crushes the Stock.
Text size Walgreens delivers a second-quarter earnings beat. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Walgreens Boots Alliance tumbled Thursday after investors were disappo...
Baidu Stock Drops. It’s One of 5 Stocks Added to the SEC’s Delisting Watchlist.
Text size LIU JIN/AFP via Getty Images Baidu stock was dropping Thursday after U.S. regulators added the Chinese search giant to its growing list of companies that could be removed from American stock...
Treasuries Are Getting Crushed. It Might Continue for a Long Time.
Text size Photograph by Alex Wong/Getty Images The price of Treasury bonds has plummeted recently. That could be just the start of a painful road ahead for bond investors. The price of bonds decline ...
Defense Stocks Take a Hit on U.S. Defense Spending Request
Text size Defense stocks trade for about 18 times estimated 2022 earnings. Jose Luis Magana / AFP) Defense stocks are taking a small hit after details of the coming defense budget were released. On Mo...
Micron Reports Earnings Today. Here’s What to Expect.
Text size Softening demand for personal computers and smartphones could pressure pricing on DRAM chips. Dreamstime Memory-chip giant Micron Technology reports earnings this afternoon for its fiscal se...
Bank Earnings Are Coming. One Stock Analysts Like—and Another They Say to Sell.
Text size Analysts say Bank of America is positioned to do well in the current economy. Stephen Chernin/Getty Images With bank earnings coming in a few weeks, Bank of America is looking like a winner ...
Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.
Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...
U.S. Stocks Poised for Flat Open on Monday
U.S. stocks were poised to open flat on Monday. Angela Weiss/AFP/Getty Images Text size • U.S. stocks are set to open flat on Monday. On Sunday night, Dow Jones Industrial Average futures were unchang...
Why Housing May Not Get as Hammered as Usual in This Rate Hike Cycle
Traditional home buyers are sure to be pinched by rising mortgage rates, but better-financed investors could keep prices rising. Here, a home for sale in Houston last summer. Brandon Bell/Getty Images...
Mortgage Rates Rose Even Higher. Here’s How Much More You’d Pay Now.
New-home sales fell in February due, in part, to the effects of rising mortgage rates on affordability. Justin Sullivan/Getty Images Text size Mortgage rates climbed past 4% last week—and their rapid ...
Nvidia, AMD, Intel Price Targets Are Cut. This Analyst Sees Chip Demand Slowing.
Text size Dreamstime Semiconductor stocks have soared over the last few quarters, driven higher by robust demand for chips amid a global supply shortage. But the tide may be turning for semiconductor ...