ON Semiconductor (ON) released the firm’s second quarter financial performance on Monday morning. The numbers published were not just good, they broke records. For the three month period ending ...
Tag: Stock
Palo Alto Networks stock is positioned for ‘total platform domination,’ says analyst
Wolfe Research analyst Joshua Tilton initiated coverage of Palo Alto Networks Inc. shares PANW, +1.64% with an outperform rating and $700 price target Monday, writing that while investors seem to view...
Boeing Stock Rises as Strike Temporarily Averted, 787 Cleared for Deliveries
Text size The Federal Aviation Administration gave clearance to Boeing to begin deliveries of the 787 Dreamliner after approving the company’s plan to correct production problems with the aircra...
Amazon Stock ‘Needs’ to Be Owned. This Analyst Explains Why.
Text size Amazon workers sort packages for delivery in New York. Michael M. Santiago/Getty Images Amazon.com is a must-have stock for investors following the company’s second-quarter earnings beat, ac...
Alibaba Vows to Stay on Wall Street After SEC Threatens Delisting
Alibaba Group Holding (BABA) and HK:9988 says it will “strive” to maintain its U.S. listing, after the e-commerce provider was added to a U.S. watchlist that could result in it being boote...
EVO Payments stock is up 20% on Monday: here’s the catalyst
Shares of EVO Payments Inc (NASDAQ: EVOP) are up more than 20% on Monday after Global Payments Inc (NYSE: GPN) said it will buy the Atlanta-headquartered fintech for $4.0 billion in cash. EVO Payments...
NIO stock climbs as firm announces 27% YoY delivery growth
One of the pioneers in the premium smart electric vehicle (EV) market, NIO (NYSE: NIO), provided a delivery update today, on August 1. The firm delivered 10,052 vehicles in July, making it a 27% year-...
Las Vegas’ Best Stock Bet Has Good News for the Las Vegas Strip
While the economy in the United States faces unprecedented inflation, high gas prices, and a tightening job market, the current economic woes look very different than past recessions. The economy has ...
The Stock Market Had a Great July. Why August Could Be Tougher.
Text size Expectations for future rate hikes changed, hinging largely on two sentences from Federal Reserve Chairman Jerome Powell’s news conference. Ting Shen/Bloomberg Stocks rallied this past week ...
While Silvergate Stock Crashed in Q2, Its Earnings Crushed: Here’s Why
The stock is down around 1.15% at the 5-day view. But for the 30-day period ending Friday, SI has rallied some 74% to a 6-month capitulation of 13%. Silvergate shares were trading for $93.29. Why One ...
Has the Market Hit Bottom? Wrong Question
In a bear market, there is always an intense focus on one issue — namely, has the market hit bottom? There has been endless debate about that issue lately, and there are compelling arguments for...
Stock Market Higher On Earnings; These 2 Stocks Top Buy Points| Investor’s Business Daily
The stock market was headed for another gain Friday afternoon as the Nasdaq climbed 1.4%. The Dow Jones rose a more modest 0.6% while the S&P 500 was up 1%. X All three indexes were near their day...
Amazon Vs. Exxon: Here’s the Winner (for Investors)
At some point, one just has to let the numbers speak for themselves. So, here is a quick factbox on Exxon (XOM) and Amazon (AMZN) earnings. 2Q22 (value in millions) XOM Earnings before interest, taxes...
The Stock Market Rallied on Hopes That Rate Hikes Will Soon Wind Down
Text size While the markets and many consumers are worried about inflation, other people, like these skaters at Rockefeller Center in New York, are still spending. Richard Levine/Alamy Markets can sta...
Economics Of The Stock Market
Boston Celtics’ Jaylen Brown (7) (left) and Marcus Smart guard Warriors Stephen Curry. (Photo by … [+] John Tlumacki/The Boston Globe via Getty Images) Boston Globe via Getty Images Can ec...
Did Buffett Buy More Apple Stock? Berkshire’s Earnings Should Make It Clear.
Text size Warren Buffett, chairman and CEO of Berkshire Hathaway. Saul Loeb/AFP via Getty Images Warren Buffett went on a buying spree in the stock market during the first quarter, when Berkshire Hath...
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up.
Text size Apple has had to grapple with supply chain challenges and rising interest rates. Photo by DANIEL SLIM Apple ’s better-than-expected earnings report helped shake off investor concerns about h...
Tesla Becomes the only tech stock to overtop Bitcoin in past five years
Tesla has outperformed Bitcoin and has registered gains of 24.23 percent and 7.53 percent. BTC (BITCOIN) has been listed among the top five best assets in the last few years according to i...
Taiwan Semiconductor Stock Will Benefit From Spending Spree
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Str/AFP/Getty Im...
Apple Stock Nears Buy Point After ‘Top Gun’-Style June Quarter
Apple stock rose Friday after the consumer electronics giant delivered an upbeat June-quarter report. Plus, it expects sales growth to accelerate in the September quarter as supply chain issues ease. ...
3 Healthcare Stocks With 3%+ Dividend Yields
The U.S. healthcare sector is attractive for long-term investors because the industry is set to benefit from a major growth tailwind — the aging population. The U.S. is an aging country with a v...
Dow Jones Futures: Stock Market Rally Passes Inflection Point; Apple, Exxon Flash Buy Signals
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally passed an inflection point, making a decisive move higher in the past week. X I...
FTX US Opens Stock Trading for American customers
FTX US has announced that users based in the US will get access to stock trading services. The services will be available top FTX users located across all 50 US states as part of an effort by FTX US t...
Roku stock bounces sharply in wake of record decline
Roku Inc. shares plunged a record 23.1% in Friday’s session following a downbeat earnings report, but were looking to take back at some of those losses Monday with a double-digit gain. The stock ROKU,...