For Q1 of the fiscal year 2022, Adobe reported revenue of 4.26 billion. The figure represented a growth of 9% year over year. Adobe Inc (NASDAQ: ADBE) stock slipped over 9% on Wednesday to close the d...
Tag: Stock
Is Procter & Gamble a Buy After Its Upgrade?
Shares of Procter & Gamble ( PG) were upgraded to “buy” by a sell-side firm but I have a different take on the price movement. In our January 19 review I recommended that “With t...
AMC or GameStop. Which is a better stock for the investors?
GameStop Corp. (NYSE:GME) was a talk of the WallStreetBets at the start of 2021. The stock rose on a retail trading frenzy resulting in squeezes of short-sellers in Wall Street. However, since hitting...
Buffett Favorite Bank Of America Stock Strength Rising
Berkshire Hathaway CEO Warren Buffett continues to bank on Bank of America (BAC) stock, one of his top holdings. And on Wednesday, the Relative Strength (RS) Rating for Bank of America got a significa...
Moscow Stock Exchange Partially Reopens After Month-Long Closure
Topline Russia partially reopened its stock markets Thursday with heavy restrictions on trading, following a month-long shutdown that was put in place as Russia’s invasion of Ukraine and subsequent We...
3 reasons why Starbucks stock is hated right now
Starbucks stock (SBUX) has fallen out of favor with investors. Shares of the coffee-selling powerhouse are down 20% in the past year, according to Yahoo Finance Plus data, badly lagging the S&P 50...
Qorvo Is Still Searching for a Bottom
We looked at semiconductor manufacturer Qorvo (QRVO) on June 25 when the stock market was still in a bull phase. We wrote: “I will assume that traders may still be long some shares of QRVO as ou...
Day Traders Finally Retreat After Standing Firm Amid Stock Market Rout
(Bloomberg) — In what looks increasingly like an uncharacteristic bout of bad timing, retail investors who hung tough during the selloff in January and February are now taking money off the tabl...
Dow Jones Gains As Apple Pops; Tesla Stock Charges As Elon Musk Celebrates ‘Great Day’; Alibaba Jumps
The Dow Jones Industrial Industrial Average gained as Apple (AAPL) popped amid a tech rally. Tesla (TSLA) charged higher as Elon Musk celebrated the opening of the firm’s factory in Germany. Mea...
Nvidia’s Investor Day Was a Hit. That Hasn’t Stopped the Stock From Falling.
Text size Nvidia CEO Jensen Huang is betting big on AI. Ethan Miller/Getty Images Nvidia ’s investor day and its flagship technical conference have been a hit on Wall Street this week—but that couldn’...
AT&T Is Too Cheap to Ignore While Others ‘Wait and See’
I imagine the last idea investors want to hear about is AT&T (T) . The company’s stock has been a perennial dog, amid ill-advised acquisitions, broken promises from management and tough comp...
Cathie Wood Watch: Ark Buys E-Commerce, Sells Payments
Investment manager Cathie Wood, chief executive of Ark Investment Management, was active buying and selling big-name technology stocks on Monday. She also continued her foray into the biotechnology s...
Stock market investors are in the danger zone. This all-weather investing strategy offers protection
We’re in a period of high inflation, with a war disrupting energy markets and the Federal Reserve raising interest rates. The murky outlook calls for a multiyear cycle of central-bank policy moves tha...
EU Set to Experiment With Blockchain-Based Stock, Bond and Fund Trading
Mairead McGuinness, the European Commission’s most senior financial-services official, hailed what she described as “groundbreaking work” that could enable financial markets to “safely experiment” wit...
Here’s an ‘inflation proof’ stock to own right now
Inflation continues to be the front and centre of all financial and economic debates these days. Still, Ron Coughlin says the pet industry is insulated from its horrors. Pet industry was resili...
AbbVie stock is up 20% YTD: is it out of juice now?
AbbVie Inc (NYSE: ABBV) is already up about 20% for the year but Boston Private’s Shannon Saccocia continues to see more upside in 2022. AbbVie is a great way to play the healthcare space Saccoc...
Wedbush: buy this restaurant stock ‘that will see cost deflation in 2022’
Better days are coming for Wingstop Inc (NASDAQ: WING) shareholders, says a Wedbush analyst who added the restaurant company to his list of “Best Ideas” on Wednesday. Nick Setyan as...
Billionaire Hedge Fund Veteran Anthony Scaramucci Warns Against Short Selling Coinbase Stock (COIN) – Here’s Why
SkyBridge Capital founder Anthony Scaramucci says he disagrees with a fellow hedge fund manager’s skepticism toward America’s largest cryptocurrency marketplace. In a new interview with CNBC Overtime,...
Stock futures rise slightly as Wall Street tries to recover from Wednesday’s losses
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures rose slightly on Wednesday night as investors recover from lo...
Apple makes a fintech acquisition: ‘stock could grind its way higher’
Apple Inc (NASDAQ: AAPL) wants to capitalize on the fast-growing fintech space and it’s made an acquisition to realize this goal. Apple bought British fintech startup Credit Kudos The iPhone mak...
GameStop Stock Skyrockets After Billionaire Ryan Cohen Buys Another $10 Million In Shares
Topline GameStop shares skyrocketed as much as 20% Wednesday after Chairman Ryan Cohen, the cofounder of online pets-supplies store Chewy, disclosed he invested another $10 million in the brick-and-mo...
Catherine Faddis reveals her top health technology stock
Looming recession and the Ukraine war; there’s sufficient at present that could scare investors out of the stock market. Still, Grace Capital’s Catherine Faddis remains bullish on U.S. equ...
Russia Stock Exchange Will Finally Reopen After Ukraine Invasion—But Under These Restrictions
Topline The Moscow Stock Exchange, Russia’s largest exchange group, announced on Wednesday it would reopen trading for certain stocks after a nearly one-month shutdown following the nation’...
Alibaba Increase Share Buyback by Two-Thirds to $25 Billion, Stock Hikes 11%
Although Alibaba has spent more on stock repurchases than other companies in the tech sector, it has not improved its stock sales. Alibaba Group Holding Ltd (HKG: 9988) shares surged 11%, following an...
Why Affirm CEO Max Levchin has not sold a single share of his company’s stock
Affirm founder and CEO Max Levchin has a few things flowing in his veins. One, an admirable work ethic that sees him pushing his own physical boundaries each day. Think working to near exhaustion (yes...
Last Week Provided Good News for Cathie Wood, Ark
The stock market soared last week, with the S&P 500 index climbing 6% and the technology-heavy Nasdaq Composite gaining 8%. That was good news for Cathie Wood’s exchange-traded funds at Ark Invest...
GameStop Billionaire Ryan Cohen Buys Another $10 Million In Stock As Shares Skyrocket
Topline GameStop Chair and Chewy cofounder Ryan Cohen disclosed he purchased more than $10 million in shares of the brick-and-mortar game-seller on Tuesday as the stock skyrocketed more than 30%—a dis...
Best Large-Cap Stock Funds: Best Mutual Funds Awards 2022
If you’re evaluating mutual funds for your investment portfolio or retirement account, this list highlights the best large-cap stock funds to consider now, based on each fund outperforming the S...
Alphabet is a strong buy as the stock builds bullish momentum
Alphabet Inc. (NASDAQ:GOOG) is at an important price movement signal with MA 10 interacting with MA 50. For Google, the interaction between MA 10 and MA 50 has been consistently considered as a buy si...
Starbucks Stock Has Gotten Crushed. This Analyst Says It’s Time to Buy.
Text size Starbucks stock still looks good for the long haul, Jefferies says. Scott Olson/Getty Images Starbucks stock is off roughly 25% year to date, but Jefferies argues that the market has it wron...