Shares Tesla Inc. TSLA, -3.04% slumped 2.8% toward a five-week low in premarket trading Thursday, putting them on track for a fourth straight loss, amid Wall Street concerns over Chief Executive Elon ...
Tag: Stock
SVB Financial stock plummets toward biggest one-day selloff in 23 years after stock offering, large losses on securities sales
Shares of SVB Financial Group SIVB, +0.16% plummeted 30.6% to pace all of the S&P 500’s SPX, +0.14% premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 y...
Signature Bank stock drops sharply after Silvergate announces winddown
Signature Bank SBNY, -1.47% stock is down 11% in premarket trades as carnage from the announced wind-down of digital currency financial services company Silvergate Capital Corp. SI, -5.76% impacted th...
We asked ChatGPT what will be Lucid (LCID) stock price in 2030
Despite skyrocketing over 70% in January, Lucid (NASDAQ: LCID) has been going through some tough times, sinking nearly 22% in February and continuing to decline further in March. However, the artifici...
Asana CEO Plans To Purchase Up To 30M Stock Under Trading Plan, Shares Soar
On March 8, 2023, Asana, Inc (NYSE: ASAN) Chair and CEO Dustin Moskovitz shared plans to purchase up to 30 million shares after the close of trading on March 9. The stock purchase is under trading pla...
JD Stock: China E-Commerce Firm Beats Q4 Goals
China e-commerce giant JD.com (JD) on Thursday handily beat expectations for the fourth quarter. But JD stock wavered in early trading. X The Beijing-based company reported adjusted earnings of 70 cen...
JD stock rises after profit beat and dividend initiated, while revenue comes up shy
The U.S.-listed shares of JD.com Inc. JD, +0.88% rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit expectations and initiated a dividend, but ...
Why Every Good Stock Market Investor Needs A Breakup
BEVERLY HILLS, CALIFORNIA – MARCH 04: Jeff Bezos (L) and MacKenzie Bezos attends the 2018 Vanity … [+] Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performin...
Credit Suisse Stock Is Falling. Annual Report Is Delayed After Call From SEC.
Credit Suisse shares were falling on Thursday after the Swiss lender said it is delaying the publication of its annual report. The stock was down 5.3% in Zurich trading. Credit Suisse (ticker: CS) Ame...
Asana Stock Is Rising. KeyBanc Sees 50% Upside in Bull Case.
Asana the provider of business software, is set to open higher on Thursday. KeyBanc says the shares could still move substantially higher. Analysts led by Jason Celino said the stock price could rise ...
Silvergate (SI) Stock Tanks 11% Amid Talks With U.S. FDIC
– Advertisement – Silvergate Capital’s share price slumped more than 11% earlier today. Officials from the U.S. Federal Deposit Insurance Corp are currently in talks with the crypto bank....
Cassava Sciences stock price outlook is bearish despite insider buy
Cassava Sciences (NASDAQ: SAVA) stock price has been in a steep sell-off in the past few months as the enthusiasm of its pipeline wanes. Shares of the biopharmaceutical company were trading at $24.9 o...
Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate
U.S. stock investors are clearly not too happy with what Federal Reserve Chairman Jerome Powell has said in the past two days. And there’s reason to think they’ll get even more dissatisfied in the wee...
MongoDB stock drops as revenue outlook falls short
MongoDB Inc. MDB, +2.26% shares dropped in the extended session Wednesday after the database company’s revenue outlook overshadowed better-than-expected results. MongoDB shares fell as much as 11% aft...
Tesla Stock Is Down. Steering Wheels Are Not the Reason.
Safety matters a great deal in the automotive market. Safety recalls and investigations, paradoxically, don’t matter as much. Investors might not be able to tell that by looking at stocks. Tesla (tick...
Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility
Economists are unhappy with persistently high inflation and how the Federal Reserve is addressing it. Since the start of 2022, the Fed has hiked interest rates eight times, most recently in February. ...
ARK Invest’s Cathie Wood Doubles Down on Crypto With Large Coinbase and Robinhood Stock Purchase
Cathie Wood’s ARK Invest has added nearly 50 thousand Coinbase (COIN) shares to its portfolio and more than a million shares of Robinhood (HOOD). ARK Invest scooped up 47,568 more shares of COIN on Ma...
Apple Stock Boosted By Stable iPhone Demand
Supply chain checks in Asia bode well for Apple (AAPL) iPhone demand this quarter, a Wall Street analyst said Wednesday as he raised his price target on Apple stock. X Wedbush Securities analyst Danie...
ARK: buy Coinbase stock despite Silvergate
Cathie Wood’s ARK Invest continues to buy Coinbase stock for the sixth consecutive month, still ignoring the Silvergate bank failure situation. Here are the details. It is worth recalling that ARK is ...
Grayscale stock soared nearly 9% amid federal hearing
Grayscale Bitcoin Trust (GBTC) is making waves in the market as its share price surged by almost 9% on March 7. The reason behind this could be a reversal of the SEC’s longstanding opposition to a bit...
Qualcomm stock bounces after dividend raised, boosting yield to nearly 2.7%
Shares of Qualcomm Inc. QCOM, +0.66% gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its quarterly dividend by 6.7%, to 80 cen...
CrowdStrike’s Latest Earnings Convince Analyst It’s a Top Cybersecurity Stock
CrowdStrike’s strong fourth-quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...
Warren Buffett’s Berkshire Hathaway Buys More Occidental Stock. How Much It Owns Now.
Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...
United Natural Foods Stock Plunges After Slashing Profit Guidance
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...
Datadog’s software goes down — and so does its stock
Datadog Inc.’s software suffered an outage Wednesday, and its shares declined as analysts voiced concern about a potential hit to revenue. Datadog DDOG, -3.80% first notified customers that engineers ...