Russia’s invasion of Ukraine has highlighted how fragile democracy can be, and how important it is for the U.S. (and its allies) to cultivate a strong military. This also speaks to the need for signif...
Tag: Stock
AT&T Stock Rises After the Merger. What Do the Charts Say?
Shares of AT&T (T) – Get AT&T Inc. Report are higher on Monday, at last check about 8% up, after the company completed its merger with Discovery on Friday. The split leaves the pure-pla...
Veru’s stock nearly triples after oral COVID-19 treatment leads to ‘statistically meaningful’ reduction in deaths
Shares of Veru Inc. VERU, +182.30% rocketed 175% toward a 13-month high in afternoon trading Monday, after biopharmaceutical company announced positive results from its Phase 3 trial of its oral COVID...
Nvidia Stock Is Downgraded. China and Russia Are Headwinds.
Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia ...
Loop Capital gives away its top lodging stock
Shares of Wyndham Hotels and Resorts Inc (NYSE: WH) have come down roughly 7.0% since late March, but Daniel Adam sees good times for the investors ahead. Wyndham is a reopening play The Loop Capital ...
Jim Cramer says he would buy Hershey stock now and down on the ‘next inflation scare’
CNBC’s Jim Cramer on Monday advised investors to pick up stock of Hershey for their portfolios. “Hershey’s the most consistent growth stock in a group where safety’s first, and...
Nvidia stock receives a downgrade from Baird
Nvidia Corporation (NASDAQ: NVDA) continues to slide in the stock market, now down nearly 25% in two weeks. Making it worse is a Baird analyst who warns a recovery is not on the cards at present. Tris...
Techs Lead Stock Market Losses; Elon Musk Walks Away From Twitter Board
Indexes opened lower Monday as technology shares led the selling, and Twitter (TWTR) climbed after Elon Musk went back on plans to join the company’s board. X The Nasdaq composite, which is more...
Warner Bros Discovery merger is now complete: what’s next for the stock?
Discovery Inc officially closed the acquisition of AT&T’s WarnerMedia unit on Monday. The joint firm, Warner Bros Discovery (NASDAQ: WBD) debuted at a per-share price of just over $24 this m...
Stock futures inch higher ahead of big inflation report
U.S. stock futures inched higher in overnight trading as investors braced for a key inflation report Tuesday. Future on the Dow Jones Industrial Average gained 30 points or 0.1%, while S&P 500 fut...
AT&T stock jumps after J.P. Morgan turns bullish, citing valuation in wake of WarnerMedia spinoff
Shares of AT&T Inc. T, +7.74% hiked up 4.1% in premarket trading Monday, after J.P. Morgan analyst Philip Cusick turned bullish on the telecommunications and media giant, citing an “attracti...
System 1 stock started the week with a 2% surge: here’s where you can buy the stock
System 1 stock has been rising since January 21, 2022, with the largest gain being registered between 1st April and today when it hit an all-time high of $23.67 a few hours after the markets opened. T...
Interview: Tokenised stocks with DeFiChain, and why traditional stock brokers could be worried
DeFiChain are intriguing – a fully decentralised platform offering investors the ability to gain exposure to stocks and other assets, domiciled on the Bitcoin network. The area of tokenised stocks, in...
AT&T Stock Adjusts For WarnerMedia, JPMorgan Resumes At Overweight
Updated at 12:36 pm EST AT&T (T) – Get AT&T Inc. Report shares were marked sharply lower in pre-market trading Monday investors adjusted for the completion of its $43 billon media merge...
Shopify’s Stock Split Announcement Isn’t Boosting Shares As Its Billionaire CEO Looks To Gain More Control
Topline Canada-based e-commerce company Shopify, whose shares are down over 50% this year amid the wider market sell-off, proposed a 10:1 stock split on Monday as well as more voting power for its bil...
Shopify is considering a 10-for-1 stock split
Shares of Shopify Inc (NYSE: SHOP) opened roughly 2.0% up on Monday after the Canadian multinational eCommerce company announced plans of a stock split. Stock split could be executed by the end of Jun...
Bitcoin, Ethereum correlation to big tech stock increases
Bitcoin (BTC) and Ethereum’s (ETH) price action has been similar to that of tech stocks since the end of the pandemic, Bloomberg News reported. According to the report, the 40-day correlation between ...
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout – Bitcoin News
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the ...
Elon Musk Reverses Decision to Join Twitter Board after 9.2% Stock Purchase
The Twitter stock surged by 30% after news emerged that Elon Musk had acquired a stake in the company, and another 10% surge came after his appointment to the board was announced. SpaceX and Tesla CE...
Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
Are These 3 Jim Cramer’s Stock Picks a Buy? Here’s What Analysts Think
The one good thing about a market downturn? You get lots of opportunities to load up on shares at a discount entry point. And who doesn’t like a discount? With the way the markets have performed so fa...
BofA Securities just downgraded this transportation stock
Shares of United Parcel Service Inc (NYSE: UPS) are down nearly 20% from their high in early February, and the future doesn’t look too bright for the shipping company either, as per Bank of Amer...
I’ve Got the Secret to Successful Day Trading
There are many ways to approach the market, but the one style that probably receives the least respect is day trading. It is viewed as primarily the domain of unsophisticated, small investors who are ...
Citigroup’s stock set to produce ‘bullish engulfing’ pattern at a time of ‘bullish technical divergence’
Citigroup Inc.’s stock C, +1.70% rose 2.0% in afternoon trading, reversing an intraday loss of as much as 0.4%, putting it on track to produce a “bullish engulfing” candlestick chart...
General Dynamics Stock: Why It’s Time to Buy
Text size General Dynamics M1 Abrams battle tanks. Krisztian Bocsi/Bloomberg Russia’s war in Ukraine shows no sign of ending, and the news of civilian deaths in places like Kramatorsk, Bucha, and Irpi...
Stock Surge Validates AT&T’s Move to Spin, not Split, Stake in Warner Bros.
Text size AT&T’s spinoff appears to be popular with its legions of retail investors. Chris DELMAS / AFP / Getty Images The 7% gain in AT&T shares Monday offers some validation for the co...