Evergrande Group was suspended in Hong Kong on Monday. Additionally, Evergrande onshore bonds were suspended as well as Evergrande Property Services Group Ltd and Evergrande New Energy Vehicle Group L...
Tag: Stock
The stock market is depressed, and apparently that’s great: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 21, 2022 Today’s newsletter is...
Peloton stock is up 28% in five days: here’s where to buy it
Peloton stock closed the week on a high note after surging 7.77% on Friday and it is expected to start the week today on a positive note after Peloton ex-CEO John Foley sold $50 million stock to Micha...
Anaplan Stock Surges on Deal to Be Bought by Thoma Bravo for $10.7 Billion
Text size Photograph by Michael Nagle/Bloomberg Anaplan , a provider of business-planning software, agreed to be acquired by private-equity firm Thoma Bravo for $66 a share, or $10.7 billion. The offe...
GameStop Stock: Is the Company’s Turnaround Plan Working?
GameStop (GME) – Get GameStop Corp. Class A Report sells videogames. It sells other stuff, but walk into one of its stores and look around and you still see walls of videogames. The problem R...
Global Stock Rally Provides Tailwind for Asia Open: Markets Wrap
(Bloomberg) — Stocks in Asia may get a boost Monday from improved risk appetite amid ongoing diplomatic efforts to curb the fighting in Ukraine and growing expectations for looser monetary polic...
Here’s What it Takes to be a Great Stock Trader
What makes a good stock trader? It’s multiple characteristics, actually. Confidence, analytics, and discipline all play a big role in creating a successful trader. But that’s just for starters, says R...
Stock futures are steady after S&P 500’s best week since 2020
Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the company’s initial pu...
Why Did Jim Chanos Call Coinbase Bubble Stock?: Factors Affecting Coinbase Stock
On Friday, in a statement to CNBC, Jim Chanos Kynikos Associates founder and president called Coinbase a “bubble stock.” Coinbase listed its stock(COIN) last year and became the first crypto exchange ...
Bearish Bets: 3 Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Moderna Stock Rises On Booster Request; But Is A Fourth Shot Needed?
Moderna (MRNA) asked the Food and Drug Administration to authorize its Covid booster for all adults — a much wider request than Pfizer‘s (PFE) — and Moderna stock popped Friday. X The request is...
Stock Market Mainly Higher, With Indexes On Pace For A Bullish Distinction; Nvidia Climbs Ahead Of Big Week
The U.S. stock market was mainly higher Friday morning as indexes added to a three-day rally. The S&P 500 and Nasdaq were on track for their best week in more than a year. X The Nasdaq composite r...
Can Nvidia Rally Despite an Ongoing Bear Market?
Shares of Nvidia (NVDA) have broken their downtrend from late November. Prices are back above the rising 200-day moving average line but is this just a bounce or the start of a sustained move higher? ...
Don’t Forget About Me: 3 Undervalued Stocks That Look Interesting Now
With the S&P 500 down 8% year-to date, the Russell 2000 off 9%, and uncertainty in the air, I am on the hunt for undervalued names. But with markets so volatile, I am cautious on my buys, and look...
MongoDB is an attractive growth tech stock but not at current prices. Here is why
Technology stocks received conspicuous attention this week. Investors seek securities with a high potential for growth. Analysts continued to recommend oversold technology stocks. While MongoDB Inc. (...
DocuSign is back to pre-pandemic level. Best to buy the stock now?
DocuSign, Inc. (NASDAQ:DOCU) is a beaten-down stock. Together with other innovative tech stocks that benefited from the pandemic boosts, DOCU has been declining since touching a high of $313 in August...
Jim Chanos Calls Coinbase “Bubble Stock” During CNBC Interview
Kynikos Associates founder and president Jim Chanos called Coinbase a “bubble stock” during a CNBC interview on Friday. Last year, Coinbase became the first crypto exchange to list its stock (COIN) to...
The truth about record-high stock buybacks: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 18, 2022 Stock buybacks attract a lo...
Berkshire-Backed StoneCo Issues a Bullish Outlook. The Stock Is Soaring.
Text size Dreamstime Shares of Brazilian payment processor StoneCo were skyrocketing Friday after Citi upgraded the stock, citing an attractive valuation and the company’s strong outlook for the first...
Qualcomm Stock Seen As Internet Of Things Play
Qualcomm (QCOM) is moving from making wireless chips mostly for smartphones to making them for a host of devices for the Internet of Things, or IoT. For that reason, Qualcomm stock deserves a higher v...
China Put Can Be Game Changer for Stock Market After Global Rout
(Bloomberg) — When the week started, JPMorgan Chase & Co. analysts warned that China’s internet stocks were “uninvestable.” The world is in a different place now. Most Read from Bloomberg Fo...
Coinbase stock: legendary short seller’s latest target
Coinbase Global Inc (NASDAQ: COIN) stock is down 25% for the year and unfortunately, legendary short seller Jim Chanos says things are unlikely to get any better in the near-term either. Jim Chanos sh...
Older Americans, Flush With Housing and Stock Portfolio Wealth, Poised to Revive Spending This Year
Covid-19 kept many older Americans on the sidelines of the recovery in consumer spending as they held back from in-person services like dining and travel. But their spending is picking up as the Omicr...