TL;DR breakdown Gibraltar plans to rebrand itself as ‘blockchain center’ GSX will be a typical stock market Bitcoin, Ethereum, Dogecoin among the first trading currencies Poulden’s Gibraltar Valereum ...
Tag: Stock
ABT Stock Dives On Weak Outlook Despite Covid Test Strength
Abbott Laboratories (ABT) easily beat Wall Street’s fourth-quarter estimates Wednesday, but ABT stock skidded on light earnings guidance and a clouded Covid future. X During the fourth quarter, ...
How AMC rode the meme stock rally to revitalize its business
The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images After a year of massive stock gains, AMC Entertainment shares are starting to cool ...
ATT Stock: Earnings, Revenue Top Views As Telecom Giant Is Early 2022 Winner
AT&T stock rose after the telecom giant reported fourth-quarter earnings and revenue Wednesday that topped estimates while its 2022 revenue outlook met expectations. X For the quarter ending Dec. ...
Boeing Stock Rises Despite Q4 Miss, Charges Recorded On 787, KC-46 Programs| Investor’s Business Daily
Boeing’s (BA) fourth-quarter results fell short of analyst expectations as it saw charges on its 787 Dreamliner and KC-46 programs. Boeing rose early Wednesday. X Boeing reported a loss of $7.69...
AT&T stock rises after earnings beat expectations
A leaner AT&T Inc. topped earnings expectations Wednesday as the company continued to narrow its focus on its core strengths. The company generated net income of $5.0 billion, or 69 cents a share,...
Ripple Gets $15 Billion Valuation amid Stock Buyback
California-headquartered Ripple, a blockchain payments company, has closed a private buy-back round of its equities, putting the company’s valuation at $15 billion. “The buyback places Ripple’s new va...
Opinion: It’s safe to dip your toes in the stock market — here are three companies to consider, including one disrupter
Yes, it’s safe to buy this pullback in stocks. And if you got frightened Monday and sold, which was admittedly a scary day for many investors, get back in. Here are three reasons why, followed by thre...
Bitcoin’s Positive Correlation With The Stock Market Index Records A Mild Increase
Bitcoin has often been touted to be a non-correlated asset that can be used to diversify risk in an investment portfolio. This may however be changing according to new data. Reuters reports that since...
Stock futures add to losses ahead of Fed decision
Stock futures opened lower Tuesday evening after another volatile session on Wall Street, as investors looked to the Federal Reserve’s latest monetary policy meeting and press conference to remo...
Bitcoin’s correlation to the stock market continues to increase
The cryptocurrency market has recorded major price dips caused by ongoing market selloffs. While the crash has led most coins to move towards yearly lows, the correlation between Bitcoin price and the...
Texas Instruments is trading higher after-hours: what’s fuelling the stock?
Shares of Texas Instruments Inc (NASDAQ: TXN) jumped 5.0% in extended trading after the chipmaker reported market-beating results for its fiscal fourth quarter. TXN is on Invezz’s list of the top thre...
Union Pacific is best railroad stock to own in this market
CNBC’s Jim Cramer said Tuesday he prefers Union Pacific over industry peer CSX, suggesting investors who want to own a railroad stock go with the Nebraska-based operator. “Don’t let ...
Moderna stock continues to rout; as the fight between bulls and bears continue
Moderna, Inc. (NASDAQ:MRNA), one of the two major providers of the Covid-19 inoculations that rallied during the pandemic, has lost about 40% of its value since the beginning of January, putting it on...
Dow Jones Futures: Microsoft Rebounds On Guidance; Stock Market Volatile As Fed Meeting, Tesla Earnings Loom
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, erasing solid losses as Microsoft (MSFT) whipsawed higher following its earnings report and guidance...
IBM stock rises as quarterly results exceed estimates
On Monday, International Business Machines Corporation (NYSE:IBM) released fourth-quarter earnings that topped expectations on both the top and bottom lines, marking the company’s first earnings repor...
Is Pfizer stock a buy or sell after the FDA’s rejection sparked a stock sell-off?
Pfizer Inc. (NYSE:PFE) stock plummeted in late January when US authorities turned down a treatment for growth hormone deficiency in children. The announcement came only days after Pfizer (PFE) and Bio...
Stock futures are little changed after another wild ride on Wall Street, Fed meeting in focus
Stock futures were little changed Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dipped 2 points, or less than 0.1%. S&P 500 futures rose margin...
Ripple announces stock buyback, nabs $15 billion valuation
advertisement Distributed ledger tech company Ripple has nabbed a $15 billion valuation after a private stock buy-back, the company said Monday. The company is repurchasing equity shares from investo...
Microsoft Stock Falls Despite December-Quarter Beat
Software kingpin Microsoft (MSFT) late Tuesday beat Wall Street’s targets for the December quarter. But Microsoft stock continued its monthlong slide in extended trading. X The Redmond, Wash.-ba...
Bitcoin Is an Early Adoption Technology Set for Volatile Growth Like Amazon Stock: SkyBridge Capital’s Anthony Scaramucci
SkyBridge Capital founder Anthony Scaramucci says that Bitcoin (BTC) is an early adoption technology on track to trade like Amazon’s stock price in its early days. In a new interview with CNBC, Scaram...
The stock of Tesla is being crushed, but it may find support
Tesla Inc. (NASDAQ:TSLA) is set to release its fourth-quarter earnings late Wednesday, this comes as the electric vehicle manufacturer plans to establish new manufacturing in Texas and Germany. Howeve...
Investor: this big-cap tech stock down 25% is my top pick
The Nasdaq 100 index is now down roughly 15% for the year as investors continue to run away from technology ahead of Fed tightening, but New Street Advisors’ Delano Saporu says he still likes bi...
Dow Jones Fights As Fed Meeting Starts; Microsoft Dips Ahead Of Earnings; GE Stock Dives
The Dow Jones Industrial Average briefly fought its way back into positive territory before turning down again as the latest Federal Reserve meeting kicked off. Microsoft (MSFT) was in negative territ...
Raytheon stock drops after profit beats but revenue misses expectations, and full-year outlook disappoints
Shares of Raytheon Technologies Corp. RTX, +1.04% dropped 4.1% in premarket trading Tuesday, after the aerospace and defense company reported fourth-quarter profit that beat expectations but revenue t...
Dow Jones Futures Sell Off: Has The Stock Market Bottomed? Fed Meeting Up Next
Dow Jones futures sold off 300 points late Monday. The stock market recovered from huge losses Monday ahead of the Federal Reserve’s two-day policy meeting. IBM earnings kicked off five Dow Jone...
DraftKings Is ‘Too Big an Opportunity to Ignore.’ Why the Stock Is a Buy.
Text size Signage at the DraftKings Sportsbook at The Brook ribbon-cutting in October 2020, in Seabrook, New Hampshire. Scott Eisen/Getty Images for DraftKings Online sports betting can stage a strong...