The U.S. stock market’s impressive rally last week is more likely a reflex bounce than the beginning of a new leg of the bull market. I say that not because the rally ran out of steam on Monday, with ...
Tag: Stock
Neurosense multiplies investor value 3X. Buy the penny stock and wait
Neurosense Therapeutics Ltd (NASDAQ:NRSN) tripled market value in a day. This was after announcing approval by the US Food and Drugs Authority to advance research on a drug for Amyotrophic Lateral Scl...
What caused the Rivian stock (RIVN) to shed 23% over the past month?
The Rivian stock has lost about 23% over the past month. The shares of the electric vehicle (EV) startup started the week in the same bearish trend after registering a 7% drop early Monday. However, t...
The All-Electric Cadillac Lyriq Is Here. What It Means for GM Stock.
The Lyriq has 300 miles of driving range, via a 100-kilowatt-hour battery. Cadillac photo Text size General Motors began retail production of its all-electric luxury crossover vehicle, the Cadillac Ly...
Nvidia stock outlook: Bernstein sees upside to $325 a share
Nvidia Corporation (NASDAQ: NVDA) has picked up significantly in recent days but a Bernstein analyst is convinced the stock is not out of juice just yet. Rasgon sees a 22% upside in Nvidia stock Stacy...
Bitdeer and BitFuFu to Test US Stock Market’s Crypto Mining Appetite
Both Bitdeer and BitFuFu could be seen as “fully valued” compared to current publicly listed miners because of their “incredible” growth rate, superior profit margins and tight relationships with mini...
Why Altria’s Stock Could Be a Buy and Philip Morris Isn’t
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
Okta Stock Tumbles Amid Breach Investigation As Cyber Risks Mount
Updated at 10:51 am EST Okta Inc. (OKTA) – Get Okta, Inc. Class A Report shares slumped lower Tuesday after the tech group, which manages network access for thousands of U.S. companies, began i...
Tesla officially opens Giga Berlin: what’s next for the stock?
Tesla Inc (NASDAQ: TSLA) is slated to deliver its first Model Ys manufactured at the Berlin-Brandenburg facility as CEO Elon Musk officially launches the German Gigafactory on Tuesday. Munster reitera...
Altria Stock Is a Buy and Philip Morris Isn’t, Says Goldman Sachs
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
Boeing Stock: What Wall Street Is Saying After the China Plane Crash
Text size The Boeing logo Scott Olson/Getty Images A China Eastern Airlines 737-800 tragically crashed Monday, sending shares of Boeing lower. Wall Street is hopeful that Monday’s crash wasn’t a MAX-l...
Where to buy today’s Rivian stock dip: it is down 4% amid a reduced production forecast
The Rivian stock has been on the decline since mid-November and things seem to have gotten worse after US legislators failed to vote for a bill that would have given Rivian and other EV automakers the...
Shopify stock price has crashed. Is it a good investment?
The Shopify (NYSE: SHOP) stock price dived by over 10% on Monday as last week’s spectacular rally faded. The shares are trading at $683, which is significantly lower than last week’s high of $780. Thi...
In A Volatile Market: Go To Cash Or Stay The Course? | Stock News & Stock Market Analysis
The stock market struggles to rally beneath the weight of hammer blows from inflation, Federal Reserve interest-rate increases, fears of a U.S. pandemic relapse and war in Ukraine. Amid all of that, m...
Will Stock Market Rally Continue? Morgan Stanley Weighs In.
Stocks rose sharply last week, with the S&P 500 index climbing 6.2%, its strongest gain since November 2020. The ascent came even as the Federal Reserve on Tuesday raised interest rates. But Morga...
Plug Power stock is up 26% in a month. Best to buy now?
After plummeting from a high of $75 in January 2021, Plug Power stock (NASDAQ:PLUG) is now pushing away from what we consider a “make-or-break” point. This is the established support of $26, which the...
Nike stock is down 22% this year. Best to sell the stock as it could fall further
Nike, Inc. (NYSE:NKE) is due to report its third fiscal quarter 2022 on March 21, but odds are against the company. The stock has fallen by more than 22% in 2022, eclipsing the 11% average decline amo...
Shopify’s Stock Is Falling Again After a 50% Four-Day Rally
Text size There was no company-specific news to explain last week’s rally in Shopify stock, or Monday’s slump. Dreamstime The wild gyrations in Shopify shares offer a clear demonstration o...
Kroger is a safety stock that can withstand inflation, Jim Cramer says
Grocery retailer Kroger is maintaining its position as a strong performer as competitors struggle with inflationary pressures, Cramer said. “We’ve got the worst inflation in decades, which...
Stock futures inch higher after Powell says bigger hikes possible
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures inched higher in overnight trading after Federal Reserve Chai...
Shopify’s Stock Is Falling Again After 50% Four-Day Rally
Text size There was no company-specific news to explain last week’s rally in Shopify stock, or Monday’s slump. Dreamstime The wild gyrations in Shopify shares offer a clear demonstration o...
Stock Market Fades; Warren Buffett Buys Insurer; Boeing Drops After Plane Crash
After enjoying the best week since November 2020, the stock market gave back some gains Monday morning. Warren Buffett’s Berkshire Hathaway (BRKB) announced a major deal, while Boeing (BA) share...
US fund manager says Coinbase is a “bubble stock”
Coinbase underwent a direct listing in April last year. Coinbase is a leading US exchange, and it became the first major cryptocurrency exchange to be listed on NASDAQ. When the stock was floated, it ...
Pinduoduo stock rises after mixed earnings report
Shares of Pinduoduo were up nearly 5% in premarket trading Monday after the company, which connects consumers and agricultural producers in China, reported a mixed fourth quarter. The company generate...
Anaplan Stock Jumps On Acquisition By Private Equity Firm Thoma Bravo
Private equity firm Thoma Bravo on Monday agreed to buy software maker Anaplan (PLAN) in a deal valued at $10.7 billion. Anaplan stock surged on the buyout news. X Thoma Bravo will pay $66 per share i...
BlackBerry Valuation Makes It More Attractive. The Stock Receives an Upgrade.
Text size A logo stands on display outside the BlackBerry headquarters. Chris Ratcliffe/Bloomberg Shares of BlackBerry received a boost on Monday after analysts at RBC Capital Markets upgraded the sto...