Shares of Caterpillar Inc. CAT, +3.46% climbed 3.3% in morning trading Friday, enough to pace the Dow Jones Industrial Average’s DJIA, +1.19% gainers, after the construction and mining equipment...
Tag: Stock
Bitcoin mining stock report: Friday, September 9
Bitcoin mining stocks went up on Friday, some by double digits, as the coin’s price jumped up from $19,400 the day before. Bitcoin was priced at around $21,200 at market close, according to data...
MicroStrategy Files to Sell Up to $500M of Stock to Buy More Bitcoin – crypto.news
MicroStrategy Inc., popularly known as one of the largest corporate Bitcoin (BTC) whales has filed a new prospectus with the US Securities and Exchange Commission (SEC) on September 9, 2022, to sell a...
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing
MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveal...
What does the ‘midterm election’ mean for the U.S. stock market?
S&P 500 will likely take another month before it bottoms, says Mark Newton. He’s the Global Head of Technical Strategy at Fundstrat Global Advisors. A lower low is unlikely His forecast suggests t...
Oil Prices Could Short Circuit, While Copper Charges Ahead
When trying to wire up a trade in commodities, go for copper, The conductive, soft metal offers a long-term demand tailwind that makes buying related stocks on weakness a solid risk/reward. Shares of ...
3 Dividend Stocks With 4%+ Yields for Income Investors
The disappointing performance of the stock market has a silver lining, which is that dividend yields are rising across the market. Many stocks that had low dividend yields due to their soaring stock p...
MicroStrategy to Sell $500 million in Stock Shares to Buy More Bitcoin
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated said it would sell up to $500 million in Class A stock to buy more bitcoin, according to a filing with the U.S. Securi...
How low can the stock market go? 4 bear scenarios investors should keep in mind
Bears who reckon the S&P 500 hasn’t yet found its bottom see the large-cap benchmark falling 15% to 35% from current levels, according to DataTrek Research co-founder Nicholas Colas. With that in ...
Is Best Buy Stock Undervalued? Analysts Say It Is
| Getty Images Key takeaways Best Buy stock has fallen 30% in 2022, some analysts believe the stock is undervalued. The company is working hard to reenergize itself after the pandemic and widespread s...
Stock market guru with 40 years of experience slams fiat money as fraudulent
Professional trader and chief market strategist of BubbaTrading.com Todd ‘Bubba’ Horwitz has slammed the current fiat monetary system terming it as fraudulent while placing the blame on the Federal Re...
The Stock Market Had a Crazy Good Week. One Way to Make Sense of It All.
Text size Michael M. Santiago/Getty Images Traders prefer a volatile market, and they’ve gotten one in 2022. Stocks have declined, rallied, and dropped again, driven by ever-evolving expectations for ...
Bitcoin mining stock report: Thursday, September 8
Most bitcoin miners saw their stocks rise on Thursday, as the coin’s price stayed above the $19,000 mark. Bitcoin’s price was close to $19,400 at market close, according to data from Tradi...
The stock market’s June lows ‘need to be back in the conversation,’ says top chart watcher
Stock market investors may be facing another bear-market surprise, according to a technical strategy report from BTIG. The S&P 500’s monthly relative strength index is at 48, pointing to the possi...
MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases
MicroStrategy (MSTR), a software developer that has become a corporate bitcoin (BTC) vault, plans to sell up to $500 million of stock to fund more purchases of the cryptocurrency. A Friday filing with...
Dow Jones Jumps; Tesla Surges As Elon Musk Eyes This Move; Warren Buffett Stock Pops
The Dow Jones Industrial Average charged higher as the stock market ended a three-week losing streak. Tesla (TSLA) jumped as Elon Musk eyes a new facility. Warren Buffett stock RH (RH) surged on resul...
Semiconductor Stocks: ON Stock Among BofA Picks
Wall Street firm BofA Securities on Friday identified seven semiconductor stocks that it believes can withstand the current market downturn, including ON Semiconductor (ON). ON stock jumped on Friday....
Tesla Stock: Company Considers Texas Lithium Refinery, As China Controls Global Capacity
Tesla (TSLA) is eyeing the prospect of building a lithium processing facility in Texas, as the company looks to take more control over key manufacturing components amid rising prices. Tesla stock was ...
Virgin Galactic Has Been Grounded
By BRUCE KAMICH Sep 09, 2022 | 09:26 AM EDT Stocks quotes in this article: SPCE Virgin Galactic Holdings ( SPCE) has lofty goals but the charts are looking like they will be stuck on the ground for th...
Morgan Stanley just upgraded this large cap biotech stock
Regeneron Pharmaceuticals Inc (NASDAQ: REGN) is now back to near its year-to-date high but a Morgan Stanley analyst says the stock is not done pleasing its investors yet. Regeneron stock has another 2...
Why Signify Has The Potential To Add Significant Value To CVS’s Stock
(AP Photo/Elise Amendola) Copyright 2021 The Associated Press. All rights reserved. CVS Health (CVS) announced earlier this week that it has entered into a definitive agreement to acquire leading heal...
Zscaler stock climbs 20% on Friday: explained here
Zscaler Inc (NASDAQ: ZS) is up about 20% on Friday after the cybersecurity company reported better-than-expected Q4 and issued strong guidance for the future. Zscaler Q4 financial highlights Lost $97....
DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast
Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...
Plug Power stock jumps as Evercore analyst says Lhyfe order is ‘first of many’ from a key partner
Shares of Plug Power Inc. PLUG, +6.01% climbed 3.1% in afternoon trading Thursday, in the wake of news of an order from France-based renewable green hydrogen provider Lhyfe S.A. LHYFE, +1.15% of proto...
After hours stock movers: RH, DocuSign, Zumiez
RH (RH): RH shares rose 1% after hours after the retailer beat on both the top and bottom lines for the second quarter but cut its full year revenue forecast. Sales for the quarter totaled $991.6 mill...
DOCU Stock Pops as DocuSign Earnings Fall But Top Estimates Amid Lowered Expectations
DocuSign (DOCU) reported July-quarter earnings and revenue that topped estimates amid lowered expectations. The company’s outlook came in mixed, but DOCU stock surged on the news. X The San Fran...
AMD Is the Chip Stock to Buy Over Nvidia and Intel, Says Analyst. Here’s Why.
Text size AMD releases its next-generation Ryzen 7000 series chips on Sept. 27. Dreamstime Advanced Micro Devices is the best bet out of the three major U.S. computer chip companies, according to Stif...
A strong market rally could be just weeks away if the U.S. midterm elections can put anxious stock investors at ease
If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an important low right around Election Day in November. That should give some hope to beleaguered invest...