Don’t Go Bargain Hunting on DraftKings Stock Quite Yet, Says Analyst

There’s no other way of saying it, it’s been a rough old 12 months for DraftKings (DKNG). The stock has shed 66% of its value as investors have fled from growth and speculative assets to more safe hav...

Is PayPal stock a buy after fourth-quarter earnings?

PayPal Holdings, Inc. (NASDAQ:PYPL) is the world’s most popular digital money transfer platform. In today’s stock market, the fast-growing company remains one of the most well-known equities. But, giv...

Unity Software stock skyrockets as 2022 revenue forecasts tops estimates

Unity Software Inc. (NYSE:U), a provider of video game design and animation software, saw its stock soar on Friday after beating Wall Street’s fourth-quarter projections and forecasting greater earnin...

Boston Beer Fell Flat on a Hard Seltzer Glut. Its Stock Is Now a Buy.

After an initial pop in hard-selzer demand during the pandemic, Boston Beer found itself with an unforeseen oversupply of Truly. Dreamstime Text size Hard seltzer proved to be a bubble that few brewer...

Adults Back in Charge of Stock Market as Fed Awakens Big Money

(Bloomberg) — Institutional investors are striking back in stocks, upending the brief and kooky reign of the retail day trader. Most Read from Bloomberg So says veteran market-structure analyst ...

GE Stock Could Light Up Your Portfolio. Here’s Why.

Text size General Electric was once known as the company that brings good things to life—but so far this century, holding shares of the conglomerate has been a portfolio killer. That all may soon chan...

Costco Saw Another Strong Month of Sales. Why the Stock Didn’t Leap.

Text size A shopper in a Costco store Joe Raedle/Getty Images Costco ‘s sales rose nearly 16% in January from a year earlier, but the news failed to lift the stock even as Wall Street analysts offered...

Amazon May Have Saved the Stock Market. But It’s Looking Even Worse for Meta.

After Meta Platforms’ disastrous earnings outlook, the mood was pretty sour. And with investors weighing up the Federal Reserve’s future path for interest rates and the potential impact on valuations,...

This Analyst Sees Nothing the “Matter” With Matterport’s Stock Price Decline

In a stock market where tech stocks have been destroyed over these past couple of months — and unprofitable tech stocks that began as “SPACs” suffered more than most — few stoc...

Peloton Stock Leaps 28% Following Report Amazon Considering A Bid

Topline Peloton Interactive shares surged 28.42% to $31.67 in after-hours trading Friday after the Wall Street Journal reported Amazon is considering acquiring the exercise equipment maker, which has ...

This is a treacherous market filled with extreme stock moves

CNBC’s Jim Cramer on Friday offered viewers his game plan for the next five trading days on Wall Street. The “Mad Money” host’s lookahead came after the S&P 500 and Nasdaq ...

Bitcoin Might Be Rallying but a ‘Crypto Winter’ Could Freeze Nvidia’s Stock

Text size Dreamstime Bitcoin and other cryptos bounced sharply on Friday with the world’s largest digital currency rallying above $40,000 for the first time in two weeks. But one analyst is warning of...

Peloton stock shoots more than 30% higher after report of Amazon acquisition interest

Peloton Interactive Inc. PTON, +1.44% shares jumped more than 35% in after-hours trading Friday after a report that potential acquirers including Amazon.com Inc. AMZN, +13.54% are sizing up the exerci...

Peloton stock jumps 34% on report Amazon is among potential buyers

Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Shares of Peloton jumped more than 34% in extended trading Friday after the ...

CEO of Self-Driving-Car Firm Luminar Buys Stock

Text size A vehicle with Luminar LiDAR Patrick T. Fallon/AFP/Getty Images Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. Luminar (ticke...

Snap stock soars 42% after smashing quarterly earnings

Snap’s (SNAP) stock opened more than 40% higher on Friday after the parent company of Snapchat reported its first net profit for the quarter. Snap also surpassed analyst estimates on revenue, ea...

Web3’s Ascension: Metaverse Tokens Soar As Meta’s Stock Price Plummets

The Sandbox and Decentraland. In Q4 2021, Meta recorded $33.67 billion in total sales, up from $28 billion the year before. Its net income, however, fell to $10.28 billion from $11.2 billion a year ag...

Investors Eye Alphabet Among The Latest Stock Splits

AFP via Getty Images Google parent company, Alphabet (GOOGL), recently made its stock much more affordable for the retail investor with a serious stock split of 20-for-1. The third largest public comp...

Unity Software Stock Rises as 2022 Revenue Forecast Tops Estimates

Text size Dreamstime Unity Software stock traded higher Friday after the fourth-quarter adjusted loss at the videogame developer tools maker was narrower than Wall Street expected and the company issu...

Clorox Stock Falls Sharply as Rising Costs Hit Margins

Text size A bottle of Clorox bleach in Culver City, California Chris Delmas/AFP via Getty Images Shares of Clorox were falling sharply Friday after the maker of disinfectant wipes and other cleaning p...

Bitcoin Recovers Amid Stock Volatility While Putin and Xi Open Olympics – Trustnodes

Bitcoin is back to about $38,000 after dipping to $36,400 yesterday as Nasdaq ended up down 3.74% in one of the worst day for stocks in months. After trading hours earnings from Amazon and Snap howeve...

Ford Stock Falls After Earnings. What Wall Street Thinks.

Text size Ford’s Maverick in hybrid form, with 37 mpg combined. Ford photo Ford’s fourth-quarter earnings, reported Thursday evening, came in a little light and financial guidance for 2022 didn’...

Russia-Ukrain Conflict: Crypto And Stock Prices Collapse As White House Alleges A Russian Plot

Relations between Russia and NATO countries have tensed further as the U.S. has accused Russia of plotting a coordinated operation to precipitate an invasion. In another news, the European Central Ban...

Pinterest posts first full-year profit and reaches more than $2 billion in sales in 2021, sending stock soaring

Pinterest Inc. stock surged in extended trading Thursday after it reported a couple of firsts: a full-year profit and more than $2 billion in annual revenue. Pinterest PINS, -10.32% shares rose 21% af...

Bitcoin price bounces after Amazon stock gains 15% in US tech comeback

Bitcoin (BTC) recovered much of its recent losses on Feb. 4 but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 remains foc...

Despite Meta’s Stock Price Plunge, Metaverse Tokens Surge

The world’s largest social media platform – Facebook – saw the shares of its parent company, Meta, plunge by more than 26% during yesterday’s trading session. Despite this, metaverse-related tokens ha...

Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs – Finance Bitcoin News

Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dro...

Metaverse Tokens Hold Firm as Meta Stock Tumbles

There has been a 3.7% decrease to crypto’s global market capitalization in the last 24 hours, which means price crashes all around have erased many of the gains made this week, but one group of ...

Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes

Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...

Unity Stock Jumps After Fourth-Quarter Beat

Video game design and animation software maker Unity Software (U) late Thursday beat Wall Street’s targets for the fourth quarter and guided higher for the full year ahead. Unity stock jumped in...

U.S. stock futures rally after earnings reports from Amazon and Snapchat

A trader works on the floor of the New York Stock Exchange. NYSE Stock futures rose in overnight trading Thursday as investors digested a slew of corporate earnings reports after the Nasdaq Composite ...

Amazon Stock Soars on Good Enough Earnings. The Price of Prime Is Going Up.

Amazon . com reported strong fourth-quarter results on Thursday, driven by strong growth in both its AWS cloud unit and its growing advertising business. The results could be a relief to some investor...