BlackBerry Ltd (NYSE: BB) stock opened 10% down on Friday after the cybersecurity company reported lower-than-expected revenue for its fiscal fourth quarter. Q4 financial highlights Adjusted EPS came ...
Tag: Stock
GME Shares Surge Over 10% as GameStop Seeks Shareholder Nod for Stock Split
GameStop plans to propose a stock split of company shares to its shareholder base in order to attract more retail investors. Shares of GameStop Corp (NYSE: GME), the world’s largest retail and trade-i...
Roblox Stock Halved This Year. These Analysts Say Estimates Are ‘Too High.’
A wave of metaverse excitement for Roblox shares evaporated in recent months amid slowing domestic user growth trends and concerns about profitability. Courtesy of Roblox Text size A wave of metaverse...
Has Chewy Stock Hit Bottom? Looking for the Silver Lining
No being is spared from the supply chain woes, pets included. Or maybe more accurately, sellers of pet products are feeling the brunt of the current supply constraints too. That was evident in the lat...
AMD Turns Lower on Fundamental Downgrade: Key Price Levels to Watch
Advanced Micro Devices (AMD) was downgraded by a sell-side firm Thursday and the stock is trading lower on the day. In our last review of AMD back on Jan. 4 we were bullish and wrote that “Trade...
GameStop stock soars after hours amid stock split announcement
GameStop (GME) shares are surging in after-hours following an announcement seeking a stock split. The video game retailer’s stock gained as much as 20%, surpassing the $200 level. The company sa...
Walgreens Earnings Top Estimates but Its Outlook Crushes the Stock.
Text size Walgreens delivers a second-quarter earnings beat. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Walgreens Boots Alliance tumbled Thursday after investors were disappo...
China EV Sales: Nio, Xpeng, Li Auto Eye Big March Rebound But Delisting Fears Hit Nio Stock
Nio (NIO), Xpeng Motors (XPEV) and Li Auto (LI) eye a big rebound in China EV sales for March. But Nio stock and its peers tumbled Thursday as delisting and Covid-19 fears reared up again. X China EV ...
Cathie Wood Watch: Ark Buys Into Drug-Discovery, Protein-Testing Firms
The prominent asset manager Cathie Wood, chief executive of Ark Investment Management, on Wednesday bought into a drug-discovery-technology stock, again bulked up on a major cryptocurrency stock, and ...
Two Top Commodity Picks for the Rest of 2022
Commodities outperformed phenomenally over the past six months. Now, the outlook is a bit uncertain. Here, we will examine two top commodity stock picks — one in metal mining and the other in en...
Beleaguered Boeing Is My Best Bet for the Rest of 2022
Few companies have faced greater challenges in recent years than Boeing (BA) has faced. The aerospace giant can’t seem to right the ship amid problems of its own making — flaws in the 737 ...
Short sellers are increasing their bets on a stock market crash
Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2....
AMD Stock Alert: Buy the Dip or Stay Clear?
Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report hasn’t been trading as well as Nvidia (NVDA) – Get NVIDIA Corporation Report lately, but it’s done a pretty good jo...
Occidental Petroleum’s Best Quarter Ever Blows Away Stock Market
(Bloomberg) — Fueled by its leverage to rising oil prices and a big boost from the world’s top investor, Occidental Petroleum Corp. doubled this quarter and is the best performer in the S&P ...
Robinhood Extends Trading Hours for Customers, HOOD Stock Shows Volatility
Robinhood said that owing to growing customer demand it has expanded its daily trading hours from 7 AM to 8 PM. Earlier this week on Tuesday, March 29, consumer investment app Robinhood Markets Inc (N...
GameStop stock shoots up 20% on news of a possible stock split
GameStop Corp (NYSE: GME) shares jumped 20% in extended trading after the gaming merchandise retailer said it was considering a stock split. GameStop to increase number of outstanding shares According...
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...
Baidu Stock Drops. It’s One of 5 Stocks Added to the SEC’s Delisting Watchlist.
Text size LIU JIN/AFP via Getty Images Baidu stock was dropping Thursday after U.S. regulators added the Chinese search giant to its growing list of companies that could be removed from American stock...
US Stock Market Tumbles as Investors Weigh In on Bond Market
The US stock market also tumbled and backpedaled on its winning streak on account of the inversion of the 5-year and 30-year Treasury yields earlier this week for the first time in about 6 years. In a...
Nancy Tengler on Apple stock: ‘it’s a must own’
Apple Inc shares (NASDAQ: AAPL) have recovered 17% in roughly two weeks but the opportunities continue be plenty for the iPhone maker, says Laffer Tengler CEO. Tengler regrets cutting her stake in App...
Bitcoin Will Continue To Outperform Stock Market, Says Bloomberg Intelligence Analyst Mike McGlone – Here’s Why
Bloomberg Intelligence analyst Mike McGlone says that Bitcoin (BTC) will continue to see more gains than the stock market as the benchmark crypto asset catapults to a 2022 record high. In a new interv...
UiPath stock down 25% on Thursday: find out why
UiPath Inc stock (NYSE: PATH) is down 25% on Thursday after the robotic process automation software provider gave disappointing guidance for the future. Its Q4 results, however, topped Street estimate...
Stock Market Bulls Attempt To Resuscitate Ailing 2021 Favorites
Iconic stock market bull in a dangerous trap getty Don’t trust this latest speculative stock market jump. It shows that the March lows didn’t shake out the remaining bullish attitude among some invest...
Where to buy Lululemon Athletica Stock as it surges on $1B share buyback notice
The Lululemon Athletica stock (LULU) price has been on an exponential rise since March 15 and it has risen by 21.38% over the last five days. To help stock investors eying the LULU stock, Invezz has c...
Think Tesla Stock Is Due For A Pause? This Iron Condor Can Return 59%
The 16% rally in the Nasdaq composite from its March 14 bottom pales to the nearly 50% rise in Tesla (TSLA) during that time. Does it keep going from here or take a pause for a little bit? If you thin...
UiPath stock drops 20% after outlook falls short of Wall Street expectations
UiPath Inc. shares dropped in the extended session Wednesday after the “software robot” provider’s weaker-than-expected outlook overshadowed a beat of Wall Street’s quarterly results estimates. UiPath...
‘We’re headed for a family feud’: My father offered his 3 kids equal monetary gifts. My siblings took cash. I took stock. It’s soared in value — now they’re crying foul
Dear Quentin, Several years before my father’s death, he offered me and my two siblings each an early “cash gift” from his estate in the amount of whatever the maximum non-taxable amount was at the ti...