Stock splits are back in vogue, and the market is quickly rewarding companies that divide their shares. Google parent Alphabet , Amazon.com , Tesla , and GameStop are among the latest companies to see...
Tag: Stock
Buffett Gave HP Stock a Boost. Why It’s Still a Buy.
Text size Shares of HP jumped 15% this past week after Warren Buffett’s Berkshire Hathaway disclosed a large stake. Why the stock still looks cheap. Andrew Harrer/Bloomberg When Bill Hewlett and Dave ...
Dow Jones Gains; Tesla Stock Falls Despite This Elon Musk Boast; Oil Play Gushes| Investor’s Business Daily
The Dow Jones Industrial Average advanced while the Nasdaq gave up ground as the stock market split. Tesla (TSLA) fell despite CEO Elon Musk making a boast and a bullish Wall Street call. Epam Systems...
Cathie Wood Still Sees Bitcoin Heading to $1 Million
Renowned money manager Cathie Wood, chief executive of Ark Investment Management, remains one of bitcoin’s biggest evangelists. “We think bitcoin has just begun” Wood said in an interview on CNBC. Ins...
What Does the Subcription Price Hike Mean for the Stock?
If you want a prime example of a high-growth stock that has taken an almighty beating since the turn of the year, then FuboTV (FUBO) is a more than apt case. Interestingly, the sports-focused streamer...
Roblox Analysts, Cathie Wood Defy Pessimism on Stock
(Bloomberg) — Analysts are standing pat with their bullish views on Roblox Corp. even after investors fled, erasing almost $51 billion in market value for the company that’s become a great hope ...
Pro: this stock at its all-time high still has further upside
Shares of UnitedHealth Group Inc (NYSE: UNH) hit an all-time high on Friday. Still, Chantico Global CEO Gina Sanchez says the stock is not out of juice yet. UNH is still not very expensive UNH now tra...
Alibaba Stock Hit by China Covid Outbreak. 4 Reasons to Hope for a Bounce.
Text size Alibaba stock faces headwinds from Covid-19 outbreaks in China. Greg Baker/AFP via Getty Images A renewed outbreak of Covid-19 in China has hurt the outlook for the e-commerce giant Alibaba ...
Boeing stock leads the Dow’s decliners after reports of 757 jet breaking in half
Shares of Boeing Co. BA, -1.56% slipped 0.7% in morning trading Friday, after reports that a Boeing 757 cargo jet broke in half while landing. The stock was the biggest decliner among Dow Jones Indust...
Sarat Sethi: buy this big bank stock ahead of the earnings season
Wall Street banks are scheduled to report their quarterly results next week. Ahead of earnings, DCLA’s Sarat Sethi says Morgan Stanley (NYSE: MS) is the one in “big banks” to own rig...
US Stock Market Records Bullish Resurgence as Investors Weigh in on Fed’s Policy
Despite the hike in interest rate by 25 basis points back in March, inflation is still not well tamed in the US and the stock market is pricing in this reality. The US stock market experienced a bulli...
Robinhood Stock Plunge Steepens After Goldman Warns Investors Should Sell Amid ‘Depressed’ User Growth
Topline Shares of Robinhood plummeted Friday after an analyst at Goldman Sachs, one of the investment banks underwriting the online brokerage’s initial public offering last year, issued a bearis...
Tesla Stock: Cybertruck Makes Cameo At Tesla Austin Plant Opening
Tesla (TSLA) delivered roughly a handful of Model Ys at its Texas factory launch Thursday night. Meanwhile, the EV maker continues to deal with a factory shutdown in Shanghai due to a surge in Covid c...
Pfizer Stock: With Covid Booster Future Uncertain, Pfizer Digs Into A New Virus
Pfizer (PFE) will buy privately held RSV treatment-maker ReViral for up to $525 million, the company said early Thursday. Pfizer stock rose. X The deal bolsters Pfizer’s pipeline targeting respi...
SoFi Stock Drops. Buy the Dip? The Chart Gives a Hint.
The market is struggling on Thursday. Unfortunately for SoFi Technologies (SOFI) – Get SoFi Technologies Inc Report bulls, the stock is not sticking out because of its outperformance, like Cost...
‘Time Correction’ Will Maximize Stock Anguish, Top Manager Says
(Bloomberg) — Don’t be fooled by the stock market’s rapid-fire reaction to the news. It’s just the beginning of the first real slog in years, one that will hand a comeuppance to passive investor...
Dow Jones Rallies; New Warren Buffett Stock Explodes; Tesla Gains Amid Cyber Rodeo| Investor’s Business Daily
The Dow Jones Industrial Average rallied out of the red as the stock market tried to find its footing. New Warren Buffett stock HP (HPQ) exploded higher on the news Berkshire Hathaway (BRKB) has taken...
Rite Aid stock crashes 20% after Wall Street analyst suggests retailer could go out of business
Rite Aid’s (RAD) outlook is a hot mess — so hot the company may not be in business much longer. At least that’s the word from Deutsche Bank analyst George Hill, who issued a damning downgr...
Alibaba Stock Deserves a Better Price Target, but It’s Still a ‘Sell,’ Says J.P. Morgan
Tuesday was a bad news, good news kind of a day for investors in Chinese large-cap tech titan Alibaba Group (BABA). Bad news first: JPMorgan analyst Alex Yao reduced his bank’s forecast for Alib...
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the li...
Key To Stock Market Strength Is The Performance Of Invesco QQQ
(Photo Illustration by Omar Marques) SOPA Images/LightRocket via Getty Images The Invesco QQQ Trust ETF (QQQ) represents the stocks in the Nasdaq 100. Its important to track the daily and weekly chart...
The stock market is behaving a lot like it did during the Iraq war. Here’s the future if the pattern continues.
History doesn’t repeat, but it does rhyme. The Iraq war of 2003 doesn’t have many parallels to Russia’s invasion of Ukraine, other than perhaps global unpopularity. But there seems to be at least one ...
HP Stock Skyrockets After Warren Buffett’s Berkshire Reveals $4.4 Billion Investment
Topline Shares of legacy technology giant HP Inc. surged Thursday morning after legendary investor Warren Buffett’s Berkshire Hathaway disclosed the purchase of more than 104 million shares this...
HP stock is up 15% in premarket on Thursday: explained here
HP Inc stock (NYSE: HPQ) is up nearly 15% in premarket trading on Thursday after famed investor Warren Buffett revealed a sizable stake in the computer hardware company. Berkshire now has an 11% stake...
SoFi Stock Drops as Firm Cuts Forecast on Student-Loan Pause
(Bloomberg) — SoFi Technologies Inc., which operates a business for refinancing educational debt, cut its guidance after President Joe Biden’s administration again extended the pause on student-...
There’s an Opportunity Brewing in SoFi Stock, Says Analyst
Between June 2020 and December 2021, either via IPOs or the SPAC route, 24 fintech companies went public. It has been a bruising introduction, however. Since going public, the majority have endured st...
FTX Purchases An Unspecified Amount Of IEX Company Stock
CoinShares intends to improve digital asset dependability and transparency. As a result of its collaboration with FTX, the exchange platform will be able to provide access to institutional investors. ...
Opinion: Want to beat the stock market over the next decade? Add bonds to your portfolio
The death of the 60/40 portfolio has been widely accepted as growth and technology stocks overwhelmed gains in fixed-income securities since the end of the financial meltdown over 10 years ago. Howeve...