Lucid Motors (NASDAQ: LCID) has been busy lately by opening new retail locations around the globe in an attempt to increase its presence and brand awareness. The latest retail location is in Pacific ...
Tag: Stock
A $9.4 Trillion Results Day Looms in a Test for Stock Market
(Bloomberg) — For analysts, the last Thursday of July is always one of the busiest dates in the calendar. This year, it’s likely to be even more of a stretch. Most Read from Bloomberg Firms in t...
Microsoft CEO expressed bullish sentiments towards tech giant’s future pushing stock higher
Microsoft (NASDAQ: MSFT) stock jumped 4.3% in after-hours trading even after the company announced it had missed its Q4 earnings, on July 26. Surprisingly upbeat guidance given on the earnings call ha...
Credit Suisse stock price has crashed. Will the new CEO save it?
Credit Suisse (SWX: CSGN) stock price rose by more than 2% in Switzerland after the embattled bank named a new CEO. The shares have been in a strong bearish trend in the past few months as the company...
Alibaba Plans to Move Its Stock to Hong Kong. Others Will Follow.
Text size Alibaba says it has filed to change its primary stock listing to Hong Kong rather than the U.S. AFP via Getty Images Alibaba Group Holding on Tuesday said it has filed to change its primary ...
Here are Jim Cramer’s 3 recession scenarios — and his top stock picks under each one
‘Mild, spicy, mad hot’: Here are Jim Cramer’s 3 recession scenarios — and his top stock picks under each one While the official data is yet to indicate a recession, plenty of experts are expecting a m...
Bitcoin mining stock report: Monday, July 25
Bitcoin mining companies were down in the stock market on Monday afternoon, as bitcoin’s value fell below $22,000 for a good part of the day. The coin’s price rose closer to $22,100 at the...
KO Stock Grows Marginally in Pre-Market as Coca-Cola Q2 2022 Revenue Surpasses Expectations
Based on its Q2 performance, Coca-Cola is now projecting organic revenue growth of 12% to 13%, up from the 7% to 8% it projected earlier. American multinational beverage corporation, Coca-Cola Co (NYS...
Coinbase Stock Falls 21% Following SEC Investigation
Coinbase (COIN) closed at $52.93 on Tuesday – 21% down from the day’s starting price of $61.74. It is now down 75% on the year, and 84% down from its all-time high. The decline is likely related to th...
Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong cloud growth
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their g...
TXN Stock: Texas Instruments Crushes Wall Street’s Estimates
Chipmaker Texas Instruments (TXN) late Tuesday crushed Wall Street’s targets for the second quarter and guided higher for the current period. TXN stock jumped in extended trading. X The Dallas-b...
Alphabet earnings miss estimates, ad revenue beats, stock pops
Google parent company Alphabet (GOOG, GOOGL) reported earnings that missed Wall Street estimates after the closing bell on Tuesday. The technology giant said adjusted earnings per share hit $1.21 duri...
Shopify Stock Sets Layoffs, CEO Says ‘I Got This Wrong’
Shopify stock plunged after the e-commerce firm said it will cut roughly 1,000 workers, or 10% of its global workforce, as its chief executive took responsibility for a faulty growth strategy. Includi...
Costco Gaps Lower, Gives This Technical Analyst a Rare Treat
By BRUCE KAMICH Jul 26, 2022 | 01:23 PM EDT Stocks quotes in this article: COST, WMT Costco Wholesale Corp. ( COST) gapped lower Tuesday on the heels of Walmart’s ( WMT) bearish guidance late M...
Shopify stock sinks 15% amid layoffs
Shopify’s (SHOP) stock fell as much as 16% on the same day e-commerce platform announced it will cut about 10% of its workforce, or 1,000 workers, by the end of Tuesday. The changes were explain...
Shopify stock is down 15% this morning: here’s why
Shopify Inc (NYSE: SHOP) stock slid more than 15% on Tuesday after the eCommerce company said it’s cutting its headcount by roughly 1,000 workers. Why is Shopify cutting jobs? That would mean about 10...
Coinbase stock down 15% as US SEC starts investigations
Coinbase stock (NASDAQ: COIN) opened the market today on a bearish trend after the US Securities and Exchange Commission (SEC) launched investigations into the Coinbase crypto exchange. According to r...
Coinbase Stock Loses 14% as Cryptoassets’ Legal Status Questioned
The sell-off comes shortly after the SEC classified nine tokens as securities in a complaint against a former Coinbase employee Coinbase has a rigorous internal process for classifying tokens, the exc...
Enphase Energy Stock: A Solar Company Poised For An Earnings Breakout?
Enphase Energy (ENPH) plans to release its second-quarter earnings Tuesday, with investors waiting to see if the maker of solar components can meet Wall Street predictions and post consecutive quarter...
Why International Business Machines Is A Top 25 SAFE Dividend Stock
International Business Machines has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 5....
Amazon to hike Prime prices in Europe; What does this mean for AMZN stock?
Amazon (NASDAQ: AMZN) is looking to increase the price of its Amazon Prime scheme for users in the European Union (EU) and the UK. The announcement comes several months after the firm raised fees for...
ToughBuilt shares drop 26% as firm announces $20m stock offering
ToughBuilt Industries (NASDAQ: TBLT) ended the Monday, July 25, trading session down by 26.32% after announcing a stock offering. Namely, the offering includes a $20 million private placement priced a...
GE Stock On Win Streak: GE Earnings Should Fall, But Wall Street Sees Strong 2022
GE stock is on a winning streak but still in a long downtrend with the American industrial icon heading into second-quarter earnings early Tuesday. Analysts expect General Electric (GE) to report decl...
Morgan Stanley Warns Stock Bulls Deluded by ‘Wishful Thinking’
(Bloomberg) — The July stock-market rebound has emboldened bulls hoping prices will defy the gravity of the Federal Reserve’s escalating fight against inflation. Most Read from Bloomberg Don’t b...
Should you buy Verizon stock on the weakness post Q2 report?
Verizon Communications Inc (NYSE: VZ) has lost 10% in less than a week, much of which was related to its Q2 report on Friday. Still, the Chief Investment Officer at the Bahnsen Group remains construct...
NXPI Stock: NXP Semiconductors Beats Q2 Goals
European chipmaker NXP Semiconductors (NXPI) late Monday beat expectations for the second quarter and guided higher for the current period. But NXPI stock retreated in extended trading. X Netherlands-...
Zomato Shares Plunge to All-Time Low as Stock Lock-In Period Ends
The state of the market is generally uncertain and there is a chance that Zomato investors will be looking for every opportunity to offload the shares at every slight price gain. The shares of the Ind...
Walmart warning sends stock price plunging, renews recession worries
Walmart just gave all the recession mongers on Wall Street a huge adrenaline shot in the collective arm. The world’s largest retailer slashed its second quarter and full-year profit outlooks lat...