The Dow Jones Industrial Average sunk lower Tuesday as the bears attacked the stock market again. Tesla (TSLA) flashed a sell signal amid the fallout from the deal CEO Elon Musk made to buy Twitter (T...
Tag: Stock
Stock Market Drops Confirm End Of Line For Bullishness
End of the line getty Five months of a weakening stock market took bullishness down to dregs. The March-April bull trap was proof of both the bearish trend and the shrunken pool of bullish investors. ...
Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears
Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-sta...
The stock market fears interest rate hikes
Stock markets continued to fall in the wake of news from Ukraine and fears of new interest rate hikes from the Fed. Fed fears new interest rate hikes Fed chairman Jerome Powell’s decision puts pressur...
Carvana Has a Difficult Uphill Climb After a Series of ‘Engine’ Problems
Last week, Carvana (CVNA) , the online used-car selling platform, released a terrible quarter. In a research note on Monday, J.P. Morgan called it “a confidence shattering quarter” and red...
Lucid stock climbs after EV maker announces sales deal with Saudi Arabia
Lucid Group Inc. LCID, -8.74% stock rose more than 4% in the extended session Tuesday after the EV maker said it had reached an agreement with Saudi Arabia to sell up to 100,000 vehicles over a 10-yea...
Here’s the Best Advice I Can Give for This Miserable Market
After a very brief respite on Monday, steady selling kicked in again on Tuesday. There was no interest in dip-buying, and the action became worse as the day progressed. At the closing bell, breadth wa...
Tesla Stock Drop Wipes Out $126 Billion in One Day
(Bloomberg) — Tesla Inc. wiped roughly $126 billion off its valuation Tuesday as the stock fell 12% on investors’ concern that Elon Musk may sell shares to complete his $44 billion takeover of T...
Could the Freeport-McMoRan Stock Selloff Be Short-Lived?
Freeport-McMoRan Inc (NYSE:FCX) is one of the casualties of the selloff the mining sector has been suffering from, as lockdowns in China spark demand fears. The security was last seen down 3% to trade...
Stocks update: Nasdaq drops 3%, Tesla stock down 10%
Nasdaq fell sharply on Tuesday as US stocks struggled yet again, with the tech-heavy index edging lower amid widespread selling. The index was down 3.4% in early afternoon trading. The S&P 500 was...
Nasdaq Dives 400 Points As Stock Market Correction Intensifies ; Tesla, Nvidia, AMD Stocks Fall Hard
The Nasdaq composite was under heavy selling pressure in afternoon trading Tuesday, weighed down by a sell-off in Tesla stock, which dived more than 10%. Tesla‘s (TSLA) weakness comes one day af...
Watch SoFi as it enters the oversold region although stock is bearish
SoFi Technologies Inc. (BMV:SOFI) is a stock that has been under pressure. The stock has lost more than 27% in a month, with the current level significantly lower than its IPO price. The stock weaknes...
Which Cannabis Stock Is a Better Buy Right Now?
There’s no doubt, the past year has been a massive disappointment for investors of cannabis stocks. Following Joe Biden’s presidential win and the Dems wrestling control of both houses of congress, ho...
Will Tesla shed value after Gates’ huge short position on the stock?
Tesla Inc. (NASDAQ:TSLA) was in the news this weekend after information that Bill Gates holds a $500 million short position on the stock. The leak comes only days after Tesla released its best perform...
Cathie Wood Thanks Musk for Twitter Deal Despite Tesla Stock Hit
(Bloomberg) — Cathie Wood, a long-time champion of Elon Musk’s Tesla Inc., thanked him for his purchase of Twitter Inc. — a move he said would unleash the site’s “tremendous potential.” Mo...
Tesla Stock Plunge Wipes Out $114 Billion In Value As Twitter Deal Sparks Fears
Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-sta...
S&P 500: Looking For Safety? Only One Stock Rises Every Year
Looking for a safe S&P 500 stock to protect you from anything the market throws at you? Just one stock qualifies. X One lonely stock in the S&P 500, Church & Dwight (CHW), has risen each a...
Annaly stock price forecast: Is this a value trap?
The Annaly (NYSE: NLY) stock price has crashed hard in the past few days. The stock has retreated to a low of $6.53, which is about 25% below the highest level in June 2021. It is close to its lowest ...
GM Stock: General Motors Earnings On Deck As Ford Plots An Electric Strike
General Motors (GM) prepares to report for the first quarter late Tuesday, and Ford Motor (F) is set to launch the critically important F-150 Lightning electric truck. GM stock lagged Ford stock Monda...
Government Business Expansion Bodes Well for the Stock, Says Top Analyst
For a stock down by around 50% over the past six months, investors would no doubt like to hear that from its current standing, the upside is “compelling.” Fortunately for those backing Palantir (PLTR)...
GE Stock In Deal Purgatory? General Electric Earnings On Deck After CEO’s Ukraine Warning
General Electric (GE) prepares to report for the first quarter after warning of business uncertainties due to the Russia-Ukraine war. GE stock edged higher as the market tried to bounce back after tum...
Biotech Stock Nkarta Skyrockets; How Its Natural Killer Cancer Drugs Did Their Job
Nkarta (NKTX) announced promising results from two studies in blood cancer patients on Monday, leading the tiny biotech stock to score a triple-digit gain. X The company tested its “natural kill...
AXSM Stock Reverses Its Good Fortune On A Roadblock For Its Migraine Drug
Axsome Therapeutics (AXSM) says it expects the Food and Drug Administration to reject its migraine treatment, leading AXSM stock to crumble on Monday. X In a filing with the Securities and Exchange Co...
When Will Coinbase Stock Hit Bottom? JPMorgan Sees Bigger Losses Ahead
Text size Some analysts are getting more bearish on Coinbase stock. Tiffany Hagler-Geard/Bloomberg When will Coinbase stock finally hit bottom? Investors in the crypto exchange have been riding a slid...
Exxon Stock Sees Wild Pre-Earnings Put Trading
The shares of Exxon Mobil Corporation (NYSE:XOM) are trading well below breakeven today, last seen down 6.1% to trade at $79.96 as oil stocks take a hit by falling crude prices amid renewed Covid-rela...
Boeing Stock Falls. Its New 777X Jet Is Likely to Be Delayed.
Text size A demonstration flight for the Boeing 777X at the 2021 Dubai Airshow. Giuseppe Cacace/AFP via Getty Images Boeing’s newest model twin-aisle jet—the 777X—probably won’t be in service until 20...
Snowflake stock surges after analyst says its story is misunderstood
Snowflake Inc.’s stock isn’t cheap despite a recent decline, but one analyst says it’s still worth a look from investors. Wolfe Research analyst Alex Zukin initiated coverage of Snowflake’s SNOW, +7.5...