The end of the stock market’s correction may be near. That’s because I just received an email from a prominent money manager declaring that “buy and hold is dead.” Like the first robin of spring heral...
Tag: Stock
Costco’s Results Were Strong: Here’s How to Play It
Perhaps the most consistent of all U.S. retailers did it again. On Thursday evening, Costco (COST) released the firm’s fiscal second quarter financial results, and those results were strong. Aga...
Rivian Stock Remains a Long-Term Story, Says RBC
Nothing comes easy, right? A sentiment Rivian (RIVN) – and its investors – can relate to right now. As RBC’s Joseph Spak notes, the EV maker is “highly vertically integrated and is launching 3 new pro...
Sweetgreen stock opened 20% up on Friday: this is why
Sweetgreen Inc (NYSE: SG) shares opened nearly 20% up on Friday after the fast-casual restaurant said its sales noted a significant increase in the fiscal fourth quarter. Sweetgreen Q4 earnings report...
Stock futures rise ahead of jobs report
Stock futures opened higher Thursday evening as investors awaited a key update on the labor market’s recovery and continued to monitor for global economic fallout from Russia’s war in Ukra...
Biogen Stock: Will The $8 Billion Opportunity Materialize For Alzheimer’s Drugs?
Biogen stock popped Thursday after an analyst suggested the biotech company could reap $8 billion in sales of its Alzheimer’s treatments — assuming everything lines up properly. X But hours late...
Rivian Founder RJ Scaringe No Longer A Billionaire After Stock Dip
The Rivian automotive company’s battery lab (their “Irvine Technology Development Center”), Irvine, … [+] CA. Pictured: founder and CEO R.J. Scaringe in front of cabinets full of battery-t...
Cathie Wood Watch: Ark Buys Zoom, Sells Key Entertainment Name
Investment star Cathie Wood, chief executive of Ark Investment Management, continues to buy beleaguered technology stocks, as she promised she would. On Wednesday, Ark exchange-traded funds purchased ...
U.S. stock futures sink as Russia attacks Ukraine’s largest nuclear plant
U.S. stock-index futures tumbled late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disast...
Costco stock falls as retailer’s sales pace slows
Costco Wholesale Corp. late Thursday reported quarterly results and sales that topped Wall Street expectations, but the stock headed lower as same-store sales growth slowed. Costco COST, +0.96% said i...
MRVL Stock: Marvell Technology Tops Fourth-Quarter Targets
Chipmaker Marvell Technology (MRVL) late Thursday beat analyst expectations for its fiscal fourth quarter and guided higher for the current period, thanks to across-the-board sales gains. MRVL stock r...
Citigroup CEO Jane Fraser sees ‘tremendous upside’ in stock after tepid Investor Day response
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The confe...
AVGO Stock: Broadcom Stock Jumps On Earnings Beat
Chipmaker Broadcom (AVGO) late Thursday easily surpassed Wall Street’s targets for its fiscal first quarter. AVGO stock jumped in extended trading. X The San Jose, Calif.-based company earned an...
Snowflake Stock Falls as Software Tweak Hits Revenue. Analysts Remain Bullish.
Text size Snowflakes made a tweak to its software that allows customers to do more with less resources. That hit revenue because customers pay only for the amount of computing time they use. Dreamstim...
Citigroup CEO: ‘I think there’s tremendous upside in our stock’
It’s been a tough few weeks for Citigroup Inc (NYSE: C), with the stock down nearly 15% in less than a month, but CEO Jane Fraser says, “there’s tremendous upside in our stock.&rdquo...
BJ’s Wholesale stock opened 15% down on Thursday: explained here
BJ’s Wholesale Club Holdings Inc (NYSE: BJ) stock is down 15% on Thursday after the retailer said its Q4 revenue and comparable sales came in shy of Street estimates. Its guidance was also unimp...
Tesla Finally Gets German Plant Approval. The Stock Is Falling.
Text size In this aerial view, the new Tesla Giga factory stands near Gruenheide just outside Berlin. Sean Gallup/Getty Images Tesla investors woke to a bit of good news Thursday but the stock isn’t h...
Best Buy Stock: Earnings Reveal Tough Christmas Quarter. Company Raises Dividend.
Text size Best Buy is contending with short-term headwinds, but the electronics retailer is expecting business to pick up by fiscal 2025. Scott Olson/Getty Images Best Buy stock rose Thursday despite ...
Hewlett Packard stock (HPE) jumps 10% after beating earnings estimates: here’s where to buy it
The Hewlett Packard stock (HPE) jumped by over 10% after the company announced its earnings that beat Wall Street’s earnings estimates. Heading into Q1 of 2022, analysts had estimated that Hewlett Pac...
Stock futures dip amid Russia-Ukraine, rising oil prices
Stock futures pointed to a slightly lower open Thursday morning after rallying a day earlier, as concerns over rising energy prices and Russia’s ongoing war in Ukraine weighing on risk assets. C...
Nordstrom stock (JWN) jumps 37% today: here’s where you can buy the stock
The Nordstrom stock (JWN) Jumped 37% today after the company reported positive earnings. Nordstrom’s net sales increased by 23% year-to-year to reach $4.5 billion in the last Q4 that ended on January ...
Intel stock up 4% as talks of planned Ohio factory gains impetus: here is where to buy it
After a drastic fall between January 14 and February 23 this year, the price of Intel stock is once again rising as talks of its planned mega factory in Ohio gathers momentum. The Intel stock had been...
Kinder Morgan Stock Earns 95-Plus Composite
With the market trying to rally but still in correction, very few sectors are flourishing. One of them is the oil and gas sector. That group ranks a lofty No. 10 on IBD’s list of 197 industry gr...
Oak street health stock (OSH) has gained 52% in 5 days: here’s where to buy the stock
Oak street health stock (OSH) has been on the rise in the last five days and the trend seems to be gaining momentum after the company announced its Q4 report on Tuesday. Although the Q4 EPS fell short...
Salesforce stock has jumped 13% in the last 5 days: here is where you can buy the stock
Salesforce stock (CRM) has been on a bullish trend for the last five days and it continued with the trend today by registering a 0.72% gain after Salesforce reported its Q4 earnings that besides falli...
C3.ai Shares Tumble as Deutsche Bank Tells Investors to Sell the Stock
Text size Dreamstime C3.ai shares are taking a beating Friday, pressured by a negative research note from Deutsche Bank analyst Patrick Colville, who cut his rating on the stock to Sell from Hold, wit...