(Bloomberg) — Rivian Automotive Inc.’s chief operating officer stepped down, extending a tumultuous stretch for the electric-vehicle maker. The shares fell in late trading. Most Read from Bloomb...
Tag: Stock
Stock markets, eyes on US inflation
A new week began for equity markets, with stock exchanges around the world reopening after the weekend break and days of strong swings. Stock markets open the week well in Asia As always, we start in...
FuboTV Boosts Revenue Projections. But the Stock Is Falling.
Text size Rafael Henrique/Dreamstime.com FuboTV Monday boosted its fourth-quarter revenue guidance, saying it expects revenue of $215 million to $220 million, higher than previous estimates. The strea...
TTWO Stock: Take-Two To Buy Zynga In Video Game Merger
Video game publisher Take-Two Interactive Software (TTWO) on Monday announced plans to buy Zynga (ZNGA) in a cash-and-stock deal worth $12.7 billion. Zynga stock soared on the news but TTWO stock tumb...
5 things to know before the stock market opens Monday, Jan. 10
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq, S&P 500 both set to drop for 5 straight sessions The Nasdaq logo is displayed at th...
Tilray Inc stock jumped 20% this morning: here’s why
Tilray Inc (NASDAQ: TLRY) on Monday said its revenue in the fiscal second quarter came in weaker-than-expected. The stock still jumped about 15% this morning as shareholders focused on YoY growth and ...
Stock futures mixed, tech shares renew declines
Stock futures pointed to a mixed open Monday morning, with technology stocks under renewed pressure as investors anticipated higher interest rates this year and looked ahead to several economic data a...
Zynga Stock Soars on Deal to Be Acquired by Take-Two for $12.7 Billion
Text size A bicyclist rides by the Zynga headquarters. Justin Sullivan/Getty Images Shares of mobile gaming services company Zynga were soaring in premarket trading following the news that it will be ...
Alibaba Stock Gets a Target Price Cut. But It’s Still a Buy.
Text size Investors have been buying the big dip in Alibaba’s stock price. Greg Baker/AFP via Getty Images Analysts at Citigroup have slashed their target price on Alibaba stock—but they still s...
One Chart Reveals The Sector Rotation In The Stock Market
In case you are still wondering what’s happening in the stock market since November 2021, the chart below will give you a clear picture. Based on the ratio chart IVW/IVE where IVW is S&P 500 Growt...
Stock futures dip after S&P 500 posts 4-day losing streak
Traders work on the floor of the New York Stock Exchange (NYSE) on January 07, 2022 in New York City. Spencer Platt | Getty Images Stock futures were slightly lower in overnight trading Sunday after a...
Coinbase stock price drops significantly
TL;DR Breakdown Massive sell off of Coinbase Stock by staff and executives has fueled its price slump. Coinbase Stock has continued to go up and down since its listing in April 2021. Amidst the massi...
DraftKings Stock, Caesars Stock Gain Ahead Of New York Online Sports Betting Debut
DraftKings (DKNG) and Caesars Entertainment (CZR) will be among the first to launch mobile sports betting in New York on Saturday. DraftKings stock and CZR stock popped. X The New York State Gaming Co...
Coinbase officials dump millions worth of $COIN shares, $COIN stock price down by 11% Over MoM
Crypto market including large cap coins like Bitcoin (BTC) and Ethereum (ETH) are facing bloodbath & prices have fallen by 10% and 13% over last week respectively. Things have turned worse for fir...
Time to Buy the Dip in Netflix Stock? Top Analyst Weighs In
Netflix (NFLX) shares have been on the backfoot recently; since mid-November, the stock has pulled back ~22%. The drop comes alongside several concerning factors, as noted by Stifel’s 5-star analyst S...
Wall Street Hails the Great Stock Rotation (Just Like Last Year)
(Bloomberg) — A global bond rout. The biggest win for the value strategy since March. A bloodbath in expensive tech companies. Most Read from Bloomberg The new year kicked off with a wild stock ...
Nvidia Stock Has Many Positive Catalysts. Why It’s One to Watch.
Text size Courtesy of NVIDIA Nvidia is a stock to watch following the 2022 Consumer Electronics Show, with more catalysts to come, according to Citi analysts. Analyst Atif Malik added the chip maker t...
Yes, Coinbase Shows Impressive Growth — and Yes, Coinbase Stock Is Still a Sell, Says Raymond James
It looks like 4Q21 was a good one for Coinbase (COIN). According to Nomics data, total trading volumes in the quarter reached $539 billion, up 505% from the same period last year and representing a 65...
A Trade Emerges in Alibaba Stock as Berkshire’s Munger Reportedly Buys
Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report stock has been a poor investment for more than a year now. Shares peaked in October 2020 just shy of $320 and fell more than 65% to last m...
Buy Deere Stock Because It’s the Tesla of Farming
Text size Deere stock is a buy, Baird says. Justin Sullivan/Getty Images Deere stock had a banner 2021. Baird analyst Mig Dobre sees more gains for investors in 2022. Self-driving tractors are a key t...
Not Even GameStop Stock Can Fight the Fed
Text size A Tesla electric vehicle drives through the Las Vegas Convention Center loop at the CES 2022 show this past week. Patrick T. Fallon/AFP/Getty Images The stock market is supposed to be forwar...
AT&T Stock Has ‘Limited’ Downside as Bear Case Largely Played Out
Text size The AT&T logo is displayed on the shirt of an employee at an AT&T store. Andrew Harrer/Bloomberg Shares of AT&T were rising Friday after receiving an upgrade from Wells Fargo on ...