When Google parent Alphabet (GOOGL) reports June-quarter earnings, investors likely will be braced for a slowdown in digital advertising. But they may not be prepared for TikTok’s expected impac...
Tag: Stock
Stock futures fall after Walmart cuts forecast, says inflation hit consumer spending
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hou...
Coinbase, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan
Given the sharp drop in share prices, JPMorgan expects Coinbase and Robinhood to lower employee equity grants via RSUs, though it still expects “share creep from RSU issuance will drive dilution to a ...
Lam Research stock downgraded only days ahead of its Q2 results
Lam Research Corporation (NASDAQ: LRCX) has been rather painful for its shareholders this year, now down more than 35% versus the start of 2021. More alarmingly, though, a Barclays analyst says a reco...
Energy Transfer Equity Stock Flashing Renewed Technical Strength
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Energy Transfer Equity (ET) cleared that benchmark Monday, with a jump from 79 to 82 Monday. X When looking for...
Berkshire, Applied Materials And Two Other Stock Buys That Combine Growth And Value
Berkshire Hathaway CEO Warren Buffett. (Photo by Jemal Countess/Getty Images for Time Inc.) getty In my experience, stocks that display both growth and value characteristics are often promising stocks...
Newmont stock drops after profit miss, as costs jump 33% while sales slip
Shares of Newmont Corp. NEM, -1.34% dropped 2.5% toward a more than two-year low in premarket trading Monday, after the gold miner reported second-quarter profit that fell well short of expectations, ...
3M is a stock to watch ahead of earnings amid meek expectations
3M Company (NYSE:MMM) reports earnings on July 26 before the market opens. Investors hold low expectations of the stock ahead of the report. Six analysts tracked by Zacks Investment Research have a pr...
The Fed has no choice but to punish the stock market: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, July 25, 2022 Today’s newsletter is ...
The Stock Market Is Entering Its Weakest Months. What to Watch Out For.
Text size Russia restarted natural-gas flows to Western Europe through Nord Stream 1, but President Vladimir Putin can shut it down again. Olga Maltseva/AFP/Getty Images Bad news on the economy was go...
Stock futures fall slightly as Wall Street braces for a busy week of earnings, Fed meeting
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. stock futures fell slightly on Sunday night, coming off a positive week for the major averages, as traders brace for the busiest week ...
Investors, Locked in on Lockheed’s Guidance, May Miss Their Shot
Sometimes earnings season is like hunting for a target from extremely close range — but failing to see all the other flashes further out on the radar. Investors, in other words, become so myopic...
Micron Stock Is Slipping. Morgan Stanley Turned Bearish.
Text size Morgan Stanley analyst Joseph Moore downgraded Micron to Underweight from Equal Weight. Dreamstime Micron Technology stock is lower Friday after Morgan Stanley analyst Joseph Moore issued a ...
Is the Stock Market Going Up? It Depends on the Definition of Recession.
Text size Tradersat the New York Stock Exchange. Seth Wenig/AP Not since Bill Clinton testified about the meaning of the word “is” has so much hinged on the meaning of one simple word. The word is “re...
American Express stock is up 6% after announcing second-quarter results
American Express Co. (NYSE: AXP) stock went up 6% after announcing its financial results for the second quarter of 2022. The company recorded a %2 billion net income, or $2.57 per share, in the quarte...
Billionaires are losing their fortunes, but it isn’t just because of the stock rout—some of them are giving their money away
Bill Gates pledged to give away so much money that he’d eventually fall off the world’s list of rich people. His plan is already working. Gates’s fortune has fallen by $25.8 billion this year to date,...
The Market Is Severely Overbought on Several Metrics
Another strong finish yesterday put the indexes near some very strong resistance. The SPX 500 closed just a touch under 4000, there is a gap to fill at 4017, and that could be filled in days. However,...
Tesla’s Textbook Breakout Is a Sign of Things to Come
Tesla Inc. (TSLA) ripped higher on Thursday, gaining 9% after posting strong second-quarter results. What’s next for shares of the largest U.S.-based electric vehicle manufacturer? Tesla beat an...
Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout
(Bloomberg) — Money managers rolled back bets against the biggest exchange-traded fund focused on oil-company stocks, signaling speculation that the price of crude is at least temporarily bottom...
NextEra Energy stock eyes a key breakout after robust Q2 results
NextEra Energy Partners LP (NYSE:NEP) closed up 4.99% on Friday. That was after swinging into Q2 earnings of $2.61 per share, from a loss of $0.96 per share last year. The earnings were boosted by a 4...
Bull Stock Market Arrives As Optimism Returns
A trader smiles and gestures another for a high-five at New York Stock Exchange (Photo by Chris … [+] Hondros) Getty Images Optimism? Really? Yes. Widespread media omens always occur just as the...
Bitcoin mining stock report: Thursday, June 21
A majority of bitcoin mining stocks tracked by The Block went up on Thursday, while others saw their value decrease. After dipping below $23,000 earlier in the day, bitcoin’s price went back up ...
Jim Cramer offers his favorite stock picks for 3 possible recession scenarios
CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. “We’ve got mild, we’ve got moderate and we’ve got severe. … . Can...
How to Protect Your Retirement From Stock Drop: Morningstar
Those of you who are heavily weighted in stocks may be a bit concerned about the impact of the equity market’s decline on your retirement plans. Understandably so. The S&P 500 has slid 16% this y...
Avoid GE stock ahead of earnings as Wall Street’s expectations haven’t fallen far enough, analyst says
Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down en...