On May 13, Lucid Motors (NASDAQ: LCID) officially opened its ‘Lucid Studio’ in Munich, Germany. This marks LCID’s first European retail location, situated in Odeonsplatz. Shares of the company jumped ...
Tag: Stock
Dollar Firm as Traders Mull Scope for Stock Bounce: Markets Wrap
(Bloomberg) — The dollar was firm Monday while equity futures pointed to the possibility of stock market gains in Asia following a bounce in US shares. Most Read from Bloomberg Contracts rose fo...
Stock futures rise ahead of a big week of retail earnings
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retail...
A tech stock bubble just like 2000 has burst, longtime tech CEO says
Longtime tech exec Patrick Spence knows a market cycle when he sees it. And what he sees right now in the form of plunging values for tech stocks is something reminiscent of the tech bubble of 2000, w...
Bearish Bets: 3 Sluggish Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
World Takes Cover From Stock Chaos in Oil, Utilities and China
(Bloomberg) — Optimism may be in short supply for equity investors caught in the downdraft of volatile global markets, but pockets of shelter are emerging. Most Read from Bloomberg From banks be...
Global Stock Slump May Not Be Over
(Bloomberg) — A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet. Most Re...
10 ‘Benjamin Graham Defensive’ Stocks Make That Make the Grade
Admittedly, the rest of the names that currently meet my modified Benjamin Graham “Stocks for the Defensive Investor” criteria are not as big or as well-known as the one I mentioned in my ...
Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock, and crypto trader receives jail sentence for a ponzi scheme: Hodler’s Digest, May 8-14
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Ford Offloads More Rivian Automotive Stock After Lockup Ends
(Bloomberg) — Ford Motor Co. sold more shares of Rivian Automotive Inc. Friday, offloading more than $400 million worth of stock in the electric car maker since the end of a lockup this week. Mo...
Should you buy Amgen after robust earnings take stock higher?
Amgen Inc. (NASDAQ:AMGN) has been robust lately. The stock established a strong support at the oversold level of $233 in early May. The main catalyst for the gains in Amgen stock has been its quarterl...
3 hot stock tickers on Yahoo Finance right now
The bears are still out hunting bulls on Wall Street as stocks deal with rampant inflation and the Fed aggressively raising rates. Apple stock is nearing a bear market on Thursday, dont 19.72% year to...
Stock Futures Climb as Major US & European Indexes Look to Regain Ground
US stock futures saw their leading indexes advance even as the S&P 500 sits just 2% off impending bear market territory. Stock futures rose higher early Friday as the S&P 500 faces a likely sl...
Dow Jones Futures: Stock Market Rally Underway, But Don’t Go Until This Happens
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. A new stock market rally attempt got underway late last week, closing off lows Thursday and surging hi...
Stock market’s ‘ultimate lows’ are still ahead as investors have not yet capitulated, says B. of A.
Investors haven’t capitulated in this year’s beaten-up stock market, according to strategists at B. of A. Global Research. With recent fear and “loathing” suggesting that stocks are prone to a bear-ma...
Dow Jones Jumps; Twitter Plunges On Elon Musk Move; Warren Buffett Stock Offers Buy Point| Investor’s Business Daily
The Dow Jones Industrial Average jumped but the Nasdaq shined brightest as stocks fought back. Twitter (TWTR) plunged on a move by Tesla (TSLA) CEO Elon Musk. Warren Buffett stock Occidental Petroleum...
Apple Bounce Can’t Shake Off Chilling Signal for Stock Market
(Bloomberg) — The week is ending on a higher note for Big Tech on hopes a relentless selloff may be nearing exhaustion. But Friday’s rally can’t completely wipe out a sobering signal from Apple ...
Cathie Wood Watch: Ark Piles Into Coinbase and a Videogame Platform
Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguered stocks. That included a cryptocurrency exchange and a videogame-development...
Bill Gates Sells $940 Million of CN Rail Stock, Trimming Stake to 9%
(Bloomberg) — Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fort...
Berkshire Hathaway buys about $52 million of Occidental Petroleum stock
Warren Buffett’s holding company Berkshire Hathaway Inc. BRK.A, +0.73% BRK.B, +0.75% acquired 901,768 shares of Occidental Petroleum OXY, +8.21% in two purchases this week valued at a combined $...
Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months. On Thursday, May 12, Sam Bankman-Fried, CE...
The beginning of the end of the stock market’s correction could be near
The end of the U.S. stock market’s correction is looking a lot closer. That’s the conclusion of a contrarian analysis of market timer sentiment. It’s encouraging, from a contrarian perspective, that t...
Microsoft Stock Pullback ‘Major Buying Opportunity,’ Analyst Says
Text size Tigress Financial’s Ivan Feinseth says Microsoft stock has plenty of potential to gain. Lisa Maree Williams/Getty Images Investors are missing the point on Microsoft as growth in the c...