Investors will watch for another gauge of U.S. inflation in the week ahead after the stock market was rattled by the Federal Reserve ramping up its hawkish tone and suggesting large interest rate hike...
Tag: Stock
Three reasons this struggling fintech stock may break out of its slump
PayPal tumbled 16% this week, but one top analyst is making a bullish long-term case for the struggling stock. The company’s underperformance follows leadership uncertainty. PayPal’s chief...
Bitcoin Follows US Stock Dive, Experts Predict $37,500 Price Level
As Wall Street opened today, resuming April 21 market losses, Bitcoin faced selling pressure. Bitcoin prices fell following the stock market plunge. As a result, many experts predict that the Bitcoin...
Verizon Stock Had Its Worst Its Day Since the Pandemic Hit
Verizon Communications’ first-quarter report won’t be changing any investors’ thesis on the stock. The wireless giant continues to spend big on improving its 5G network to meet management’s promises f...
Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020
U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome ...
PayPal Stock Is Under the Microscope Ahead of Earnings; Here’s What to Expect
In just a little under a week from now — Wednesday, April 27, after close of trading — fintech giant PayPal (PYPL) is due to report its Q1 2022 earnings. And if you were around to see how ...
Verizon stock heads for sharpest drop in two years as earnings show ‘challenging’ path ahead
Shares of Verizon Communications Inc. were on pace for their biggest drop in more than two years Friday after the telecommunications company showed a net loss of postpaid phone subscribers amid a diff...
Cathie Wood Watch: Ark Adds to Tech Favorites, Swaps EV Producers
Renowned investor Cathie Wood, chief executive of Ark Investment management, on Thursday continued to bulk up on some of her favorite technology stocks. She also bought shares of one major electric-ve...
Should you buy Apple or Microsoft stock ahead of earnings?
Apple Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) are set to report their quarterly results next week. Ahead of earnings, Delano Saporu says both stocks are worth buying. Why Sa...
Shopify’s Stock Split Fails to Rekindle Investor Romance
(Bloomberg) — Shopify Inc. set out to win the affection of retail investors with a 10-for-1 stock split. The gambit appears to be too little, too late. Most Read from Bloomberg A pop on the day ...
Opinion: This will be a year for stock market traders — here are 12 companies to favor, says 40-year investing veteran Bob Doll
If you’re relatively new to investing, and you think 2022 has been a year from hell, imagine being in the stock market for over 40 years. That would’ve put you through the Great Financial Crisis in 20...
Bed Bath & Beyond stock jumps on report company received bids for Buybuy Baby unit
A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath &am...
Cathie Wood’s Ark Invest Sold $160 Million In Tesla Stock But Splurged On Streaming Giant Roku Amid Netflix Crash
Topline As a rash of disappointing earnings battered the already-struggling technology industry this week, famed stock-picker Cathie Wood, the CEO of New York City’s ARK Invest, cashed in on rec...
Streaming Stocks Plunge After Netflix Loses Subscribers
PARIS, FRANCE – NOVEMBER 02: Netflix logo is displayed during the ‘Paris Games Week’ on November … [+] 02, 2017 in Paris, France. Netflix is an American company offering stream...
Microstrategy’s Stock To Act As Spot BTC ETF As The SEC Approval Is Awaited
CEO of MicroStrategy, a company that owns Bitcoin worth billions of dollars, Michael Saylor, in an interview with CNBC, said that the stocks in his company are acting as spot bitcoin exchange-traded f...
Analysts spell fortune for Lucid stock despite LCID trading at 7-month low
Lucid Motors Inc. (NASDAQ: LCID), earlier this year signed an agreement with the Ministry of Investment of Saudi Arabia. This move paved the way for LCID’s strategy which is peculiarly different from ...
Is the Xerox stock price too cheap or is it a value trap?
The Xerox (NYSE: XRX) stock price continued its bearish trend this week after the firm published mixed results and guidance. The shares crashed to a low of $16.15, which was the lowest level since Nov...
Where to buy the Shopify stock dip: it’s down 8% today as bears continue taking control
The Shopify stock has shed over $1,209 since November 19, 2021, and it seems the bear market is still in control. Besides dropping by over 8% today, it has dropped over 20% over the past 5 days. To he...
Alcoa Stock Falls On Outlook; Nucor, Steel Dynamics Crush Views
Thursday was a tale two of two metals: Alcoa stock dived on an outlook tempered by higher costs and lower production, while Nucor and Steel Dynamics closed at record highs after predicting a record pr...
Where to buy Snap stock dip: it’s down 4% after missing its Q1 sales and profit estimates
The Snap stock has been declining since 4th April after attempting a small price rise. It has dropped 18.82% over the past month and the stock is poised for a continued drop following its 2022 Q1 repo...
ISRG Stock: Intuitive Surgical Beats First-Quarter Goals
Robotic surgery giant Intuitive Surgical (ISRG) late Thursday beat Wall Street’s targets for the first quarter as elective surgeries rebounded. ISRG stock rose in extended trading. X The Sunnyva...
Stock futures little changed after market decline on hawkish Powell remarks
U.S. stock futures were little changed Thursday evening after hawkish remarks from Federal Reserve Chair Jerome Powell hinting a half-point rate hike was likely next month sent all three major indexes...
Walt Disney stock heads for 17-month low as Florida, streaming troubles weigh
Shares of Walt Disney Co. DIS, -2.34% slumped 2.3% in afternoon trading, putting them on track for the lowest close in 17 months, after Florida lawmakers reportedly approved a bill to end a special ta...
Coinbase stock sinks toward a record low, after J.P. Morgan says it expects surprise ‘bigger loss’ in Q1
Shares of Coinbase Global Inc. COIN, -6.67% sank 7.2% in afternoon trading Thursday toward yet another record low, after J.P. Morgan analyst Kenneth Worthington cut his stock price target by about 31%...
Dow Jones Falls As Powell Says This On Inflation; Elon Musk Makes Twitter Move; Tesla Stock Gains Fade
The Dow Jones Industrial Average retreated and the broader stock market crumbled as Federal Reserve Chairman Jerome Powell gave hawkish guidance amid spiraling inflation. Tesla (TSLA) saw strong post-...
AT&T CEO John Stankey on the Dividend, Inflation, and Why to Buy the Stock
The focus is on 5G wireless and fiberoptic broadband services. DirecTV, WarnerMedia , Vrio, and Xandr all are gone or in the process of being divested. AT&T (ticker: T) completed the spinoff of it...
Enphase Energy Stock Sinks as Analyst Reviews Sector
Enphase Energy Inc (NASDAQ:ENPH) is sinking today, last seen down 11.3% to trade at $158.40 , after the equity attracted a price-target cut from Piper Sandler to $220 from $230. The brokerage firm is ...
Stock futures flat as S&P 500 attempts to avoid another losing week
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 14, 2022. Brendan McDermid | Reuters Stock futures were flat in overnight trading Thursday as the S&P 500 tried t...
Snap stock volatile after-hours on Q1 results
Snap Inc (NYSE: SNAP) stock is up nearly 10% in extended trading after the social media company reported a narrower-than-expected adjusted per-share loss for Q1. Its revenue, though, came in marginall...
Intuitive Surgical Stock Tanks. Blame the Cautious Guidance.
Intuitive Surgical stock was tanking after the surgical systems manufacturer beat earning expectations but failed to significantly raise guidance for upcoming quarters. The company posted first-quarte...