It hasn’t been an easy February. Besides cyclical and commodity stocks, there were few bright spots. One of them was Rio Tinto (RIO). The miner is up more than 15% for the year while the S&P...
Tag: Stock
Taking a Fresh Look at Raytheon Technologies
We reviewed the charts of Raytheon Technologies (RTX) on January 6, writing that “RTX may trade sideways for a few more days but I suspect we will eventually push higher. Traders could go long R...
Bill Gates Bought Up More of This Waste-Management Stock
Waste-management company Republic Services has been down in the dumps this year, but its largest shareholder, Bill Gates, just bought more shares. Republic Services stock (ticker: RSG) has slid 14% ye...
S&P 500: Analysts Called The Apple And Tesla Stock Drops. What They Say Now
Give credit where it’s due. Analysts called the drops in Apple and Tesla stocks. And these S&P 500 giants’ stocks crashed enough now for analysts to see upside again. X Analysts sounde...
this stock down 65% from its ATH is a buy
U.S. indices were in the green all Friday but Potomac Wealth Advisors’ Mark Avallone warns it doesn’t indicate an end to volatility. He expects more turbulence ahead related to the geopolitical landsc...
Russia-Ukraine Conflict Stock Market Volatility Increases
AFP via Getty Images TL;DR: On Thursday, February 24, Russia invaded Ukraine OPEC+ will hold the next meeting on March 2, as the Russia-Ukraine conflict and possible sanctions continue to disrupt supp...
Analyst: Goldman Sachs could be a $420 stock
Shares of the Goldman Sachs Group Inc (NYSE: GS) are up close to 3.0% on Friday after Mike Mayo said the stock could climb to $420. The Wells Fargo analyst reiterated his “buy” rating on G...
Zscaler Reports and the Stock Goes South: Here’s My Plan
On Thursday, a number of cybersecurity software stocks did very well as Russian troops invaded Ukrainian territory and the world braced for an expected upswing in cyber attacks. Sarge-fave Zscaler (ZS...
Foot Locker stock down 35%: what’s disappointing shareholders?
Foot Locker Inc (NYSE: FL) reported market-beating results for the fiscal fourth quarter and raised its dividend on Friday. Shares still tanked close to 35% on downbeat future guidance. What the Q4 re...
Li Auto Posts Second Straight Quarterly Profit. The Stock Is Rising.
Text size Li Auto ONE Courtesy of Li Auto Chinese electric-vehicle maker Li Auto reported a profitable fourth quarter even as the company ramped up spending on vehicle development. The results looked ...
Eurasia Mining stock jumps 33% as sanctions on Russia spare it: here is where to buy it
The price of Eurasia Mining stock has jumped by a whopping 33.72% today after it was spared by the new sanctions against Russia for invading Ukraine. There were fears that the operations of the compan...
Stock futures open lower as investors monitor Russia’s invasion
Stock futures opened lower Thursday evening after a dramatic swing into positive territory during the regular trading day. Contracts on the S&P 500 declined. The index rose by 1.5% during Thursday...
3M stock sinks toward longest losing streak in 10 years
Shares of N95 face-mask maker 3M Co. MMM, -0.47% dropped 2.6% in afternoon trading Thursday, to put them on track to suffer the longest losing streak in a decade. The consumer, industrial and health c...
Coinbase stock falls as crypto platform casts doubt on Q1 outlook
Coinbase Global Inc. stock fell nearly 6% in extended trading Thursday after the Silicon Valley crypto platform crushed Wall Street expectations for its fourth quarter but cast doubt on current-quarte...
Dow Jones Rallies As Biden Ramps Up Russia Sanctions; Tesla Stock Stuns As Alibaba Stalls; Cybersecurity Stocks Jump
The Dow Jones Industrial Average rallied after President Joe Biden announced new sanctions on Russia over its invasion of Ukraine. Cybersecurity stocks gained as the risk of cyberwarfare rose, with Fo...
Stock Exchange of Thailand to Launch Digital Asset Exchange Very Soon
Stock Exchange of Thailand prepares to launch a digital asset exchange Te President claims they’ll get a green signal from the SEC soon SEC is responsible for licensing institutions wanting to offer c...
Here’s why the U.S. stock indices turned green before the closing bell
The S&P 500 index opened about 2.0% down on Thursday as Russia tipped the diplomatic standoff and invaded Ukraine. Interestingly, however, the risk-off in U.S. equities was short-lived as the mark...
Block Stock Surges on Rosy Profit Projections for Rest of Year
(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged more than 26% in after-hours trading after an unexpectedly positive outlook for the rest of 2022. Most Read from Bl...
Beyond Meat Stock Falls on Larger Loss, Downbeat Forecast
Text size Beyond Meat’s revenue from U.S. retail sales declined. Drew Angerer/Getty Images Beyond Meat issued a disappointing sales forecast as it reported weaker fourth-quarter results than exp...
SEC Probes Tesla Stock Sales by Elon Musk and Brother Kimbal
(Bloomberg) — The Securities and Exchange Commission is investigating whether Tesla Inc. Chief Executive Officer Elon Musk and his brother Kimbal violated securities laws when selling shares in ...
Opinion: Russia’s invasion of Ukraine could keep stocks sliding for weeks before the market finally hits bottom
U.S. stocks staged an impressive reversal on Feb. 24 — including a 950-point intraday move to the upside for the Dow Jones Industrial Average DJIA, +2.51% — but there’s too much eagerness to declare t...