Text size One analyst sees Coke’s earnings per share growing at a 12% annualized clip through 2023, hitting $2.71 that year. George Frey/Bloomberg Coca-Cola stock finally has its fizz back after recla...
Tag: Stock
Apple stock is significantly ‘overpriced:’ Portfolio manager
Apple (AAPL) shares pulled back following a rocky week for markets as the Federal Reserve hinted at an earlier liftoff on interest rates for the year, but not before it became the first company to rea...
Palantir stock sinks 35% over last two months
Palantir stock has been on a downward trend over the last two months. This week, shares of the software company focused on big data slid a total of about 9% on the heels of some analyst price target c...
Melinda French Gates Slashed Stake in AutoNation Stock
Text size Melinda French Gates received AutoNation shares last year as part of her divorce. John Lamparski/Getty Images Melinda French Gates more than halved her stake in automotive retailer AutoNatio...
This stock has plunged 50% in two months, now one top analyst says buy it
With shares of newly minted IPO Allbirds (BIRD) down a whopping 50% from their highs on Nov. 3, Morgan Stanley says it’s time to go shopping for the stock. “Valuation appears compelling, ...
Rivian stock briefly dips below IPO price
Rivian’s (RIVN) stock closed down 3% on Thursday at a new low. Shares had dropped as much as 16% during the trading session, briefly dipping below their IPO price of $78. Thursday’s declin...
GM’s Chevy Silverado EV Has Arrived. It Could Move the Stock.
Text size A 2024 Silverado EV RST. Courtesy GM Launches of new models typically aren’t stock-market issues for traditional auto manufacturers, but things are changing. General Motors ‘ unveiling of th...
Bank of America Pounds the Table on Nvidia Stock
With its fingers in the pies of everything from gaming, data center and crypto to auto and the metaverse, Nvidia (NVDA) has seen outstanding success both in real-world performance and from an investin...
Virgin Orbit stock pops as company shows rocket in Times Square
Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Richard Branson’s satellite-launching company Virgin Orbit brought a rocket to show off in New...
GameStop Stock Skyrockets 30% Following NFT Division Announcement
Shares of GameStop stock increased by 30% after it announced it had launched a 20+ person department to work on an NFT marketplace. GameStop will also seek cryptocurrency partnerships to help boost th...
AT&T’s Bear Case Largely Has Played Out. The Stock Has Limited Downside Risks.
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 ...
Will Inflation Cause A Stock Market Crash In 2022?
This could well be the year that inflation starts to smack the stock market. The current episode of What’s Ahead explains why. Investors need to understand that there are two kinds of inflation: mone...
Bitcoin Fireworks Underway! BTC To Outstrip Stock Market In the Next Supercycle! – Coinpedia – Fintech & Cryptocurreny News Media
The broader crypto space has continued to sail downstream by losing its grounds of $2 trillion psychological mark. Especially market representatives Bitcoin and Ethereum are back to their historical b...
GameStop Hires 20-Person Team for Gaming NFT Marketplace, Stock Surges
Congratulations if you spotted the Easter eggs in GameStop’s job advertisements. Turns out the video game retailer really is getting into crypto. GameStop has created a new unit for building an ...
Stock futures inch higher ahead of key jobs report
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s key jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 65 points....
Dow Jones Futures: Market Rally Fizzles; GME Stock, Trump Stock DWAC Spike On News
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with the December jobs report due Friday morning. The stock market rally on Thursday tried to rebound, bu...
UnitedHealth’s stock selloff chopping about 120 points off the Dow’s price
Shares of UnitedHealth Group Inc. UNH, -5.16% dropped 3.7% in afternoon trading Thursday, enough to pace the Dow Jones Industrial Average’s DJIA, -0.44% components in declines. The $18.22 price ...
Humana stock tumbles to pace S&P 500 losers after slashing Medicare Advantage membership growth view
Shares of Humana Inc. HUM, -20.15% tumbled 13.0% toward a three-month low in afternoon trading Thursday, to pace the S&P 500’s SPX, +0.14% decliners, after the health insurance services comp...
Dividends Will Shine In The 2022 Stock Market Mess
Guilty dog on the floor next to an overturned flower getty The 2022 edition of the stock market is probably going to be a mess. With the Federal Reserve pausing its money printing, we are likely to se...
Virgin Galactic stock falls below SPAC debut price two years later
Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or C...
Alibaba Stock Rises — as Other Tech Tumbles — Even as It Gets a Price Target Cut
Text size Alibaba investors were taken on a wild, ugly ride in 2021. Could 2022 be different? Greg Baker/AFP via Getty Images Tech stocks have been tumbling. In a surprise twist, Alibaba is doing rema...
Tesla Stock Is Falling Again. Why Shares Are Giving Back Big Delivery Gains.
Text size Tesla stock is up about 3% this year after giving back its double-digit gain from the first trading day of 2022. Justin Sullivan/Getty Images Tesla opened the year with strong fourth-quarter...
Nvidia Stock Faces Short-Term Pressures. Why It’s Still a Buy.
Text size A sign is posted in front of the Nvidia headquarters in Santa Clara, California. (Photo by Justin Sullivan/Getty Images) Getty Images Shares of Nvidia were inching lower Thursday following a...
Roku stock drops 11% after underweight analyst recommendation
Roku (ROKU) shares dropped more than 11.7% on Wednesday amid an Underweight initiation by Atlantic Equities over concerns of slowing growth and weak penetration in markets abroad. “We estimate...
Block stock hits new 52-week low, down 26% since Square rebrand
Block (SQ) shares hit 52-week lows on Wednesday, closing down more than 8%. The stock slid as part of a recent sell-off in growth names and risky assets amid concerns of Fed rate hikes. The digital p...
Discovery Stock Soars After an Analyst Upgrade. Why the Stock Could Double.
Text size Dreamstime Discovery Communications shares are roaring higher on Friday, after an analyst upgraded the stock and issued a price target 75% above Thursday’s closing price in a 30-page report....