A bullish first-quarter report could reinvigorate AbbVie stock, an analyst said Thursday after a C-suite setback this week sent shares tumbling. X Mizuho Securities analyst Vamil Divan expects AbbVie ...
Tag: Stock
TSM Stock: Taiwan Semiconductor Crushes Q1 Targets
Taiwan Semiconductor Manufacturing (TSM), the world’s top chip foundry, on Thursday smashed expectations for the first quarter and guided higher for the current period. But TSM stock fell despit...
Doug Kass: How Did Bank Stock Investors Get So Clueless?
Travelling with the herd is often harmful to your investment well being. Banks stocks have been among the worst-performing sectors in the last six months. Yet, the vast consensus view was that, in ...
Nike stock price forecast: UBS sees a 30% upside
Nike Inc stock (NYSE: NKE) closed about 5.0% up on Thursday after UBS analyst Jay Sole said he was “very bullish” on the American multinational sportswear giant. Sole sees upside to $173 i...
Peloton Stock Halted, Tumbles After Surprise Membership Price Hike
Updated at 3:23 pm EST Peloton (PTON) – Get Peloton Interactive, Inc. Class A Report said Thursday that it will boost the price of its connected fitness programs for the first time in eight yea...
Morgan Stanley: this stock is a place to hide amidst growing macro risks
Shares of IBM Corporation (NYSE: IBM) have recovered 5.0% since March 1st but a Morgan Stanley analyst says the stock is only warming up for what’s to come next. Erik Woodring sees another 18% u...
Rite Aid Stock Is Soaring. The Outlook Impresses Investors.
Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...
Rite Aid stock opens 15% up on Thursday: what happened?
Rite Aid Corporation stock (NYSE: RAD) opened more than 15% in premarket trading on Thursday after the pharmacy company reported strong revenue for its fiscal Q4 and gave better than expected guidance...
Skittish Stock Traders Are Bracing for $2 Trillion Option Expiration
(Bloomberg) — Inflation is surging, central banks are on the move and now it’s earnings season. To top it all off, stock traders face the market-roiling potential of a monthly options expiration...
Stock futures are little changed ahead of major bank earnings Thursday
Stock futures were muted Thursday morning as investors awaited quarterly earnings results from some of the biggest U.S. banks. Dow Jones Industrial Average futures rose 26 points. S&P 500 futures ...
Weber Inc (WEBR) stock is up 5% today: you can buy WEBR stock here
After dropping since mid-March this year after attempting a rise, Weber Inc (WEBR) stock is currently rising as of 8th April. To help stock investors interested in investing in Weber Inc shares, Invez...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
AbbVie Stock Breaks Its Stride As Key Executive Departs For Flagship
AbbVie stock crumbled Wednesday after the company announced President and Vice Chairman Michael Severino will depart at the end of May. X Severino is heading to Flagship Pioneering, the biotech creato...
Goldman Sachs stock earnings preview: Low expectations
Goldman Sachs (NYSE: GS) stock price was little changed on Wednesday as the bank earning season started. The shares are trading at $321, where they have been in the past few days. The stock has retrea...
Rob Sechan: this is the stock to benefit from the volatility
We want to position ourselves to benefit from the ongoing volatility in the U.S. equities, says Rob Sechan – the co-founder and managing partner of NewEdge Wealth. Sechan’s comments on CNB...
Veru Stock Could Hit $36, Says Oppenheimer
Avid stock market watchers will know the biotech space operates according to a different rule set. One session can wipe off a huge chunk of a stock’s valuation, if clinical testing goes awry or the re...
Here’s why the Airbnb stock price soared and what to expect
The Airbnb (NASDAQ: ABNB) stock price jumped by over 8% as optimism about summer travel continued. The stock jumped to a high of $172.90, which was higher than this year’s low of $131.40. Its market c...
Fake Tesla Release Sends Lithium Miner’s Stock on a Wild Ride
(Bloomberg) — Shares of Lithium Corp. whipsawed on Wednesday after an inauthentic press release circulated claiming electric-vehicle giant Tesla Inc. had acquired the Nevada-based miner. Most Re...
Cathie Wood Watch: Ark Buys a Fascinating Tech Stock, More Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Tuesday continued her recent patterns, buying biotechnology stocks, a spectrometry stock, a 3D printer maker and a robot...
Why Vertical Aerospace stock surged by over 70% to hit a three-month high of $11.62
Vertical Aerospace stock, the stock of the London-based zero-emission electric start-up, shot up on Tuesday and in the early hours of Wednesday before pulling back later in the day. So, why did the st...
Nvidia’s Gaming and Datacenter Outlook Is Strong. The Stock Gets an Upgrade.
Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...
Is Bitcoin Following an Early 90s Stock Market Pattern? Crypto Analysts Make Bullish Case for BTC
Crypto analysts are theorizing the latest Bitcoin (BTC) correction could be part of a longer-term pattern that precedes major price appreciation. In a new tweet, the popular pseudonymous analyst TechD...
Bed Bath & Beyond Stock Collapses After Earnings ‘Disaster’—Expert Warns ‘Reality Is About To Hit Hard’
Topline Shares of brick-and-mortar retailer Bed Bath & Beyond plummeted Wednesday after the firm reported an unexpected loss and acknowledged more vulnerabilities in its business than it had previ...
What’s Behind The Recent Dow Jones Stock Market Performance?
getty Key takeaways Last week, the stock market declined following the release of the Federal Reserve’s March meeting minutes The Dow Jones Industrial Average kicked off this week with additional loss...
Boeing Stock Climbs Higher, Shrugging Off India’s 737 MAX Pilot Ban
Text size A Boeing 737 MAX jet. Jason Redmond / AFP via Getty Images The Indian aviation regulator has barred 90 pilots from flying Boeing 737 MAX jets due to concerns over the simulators used to trai...
Boeing Stock Shrugs Off Concerns Over 737 MAX Simulator
Text size A Boeing 737 MAX jet. Jason Redmond / AFP via Getty Images The Indian aviation regulator has barred 90 pilots from flying Boeing 737 MAX jets due to concerns over the simulators used to trai...
Nvidia Stock Gains on Upgrade. Ethereum Won’t Crash It the Way Bitcoin Did.
Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...