On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October upd...
Tag: Stock
Bitcoin Mining Giant Argo Blockchain Gets Negative Cash Flows And Stock Price Dips
Though the crypto winter seems to be over, its impact on Bitcoin and the crypto market still lingers. Several crypto-related firms have gone down the drain over the pressure in the market. Some are st...
Recent Upstart Holdings Partnerships Likely to Impact UPST Stock Price
Upstock Holdings is expected to release its Q3 2022 earnings report on 8th November 2022. With the earnings release date to come, analysts have forecasted the data around UPST stock. The lending servi...
Delta Stock Likely to Enjoy the Good Road Ahead
One of the United States oldest and major airlines, Delta Air Lines, Inc. released its financial results of Q3 2022 till September on 13th October 2022. The earnings were around what analysts estimate...
Dow Jones Futures: Stock Market Rally Awaits Fed Pivot Signals; AMD, Devon Move On Earnings
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with attention turning to Wednesday’s Federal Reserve meeting and whether policymakers will confirm ...
Equinor Stock, Earthstone Energy Enter IBD’s Most Exacting Watchlist
IBD stock screens are regularly updated to add new stocks to watch, as well as weed out those that have started to show weakness. In the tables below, you’ll see which stocks have been added to ...
AMD Stock: Chipmaker Misses Q3 Views, Guides Lower
Advanced Micro Devices (AMD) late Tuesday missed Wall Street’s lowered expectations for the third quarter and disappointed with its sales guidance. Still, AMD stock rose in extended trading as i...
Shopify CEO Buys $10 Million of Stock in the Open Market
Shopify CEO Tobias Lutke disclosed in a Canadian securities filing that he bought $10 million of the e-commerce software company’s shares on Monday, a week after the company reported its third-quarter...
Pfizer Stock Surges On Trifecta Of Good News As Earnings Beat, Guidance Boosted
Pfizer stock hit a trifecta Tuesday after the company followed a beat-and-raise earnings report with promising results for a respiratory vaccine in unborn children. X The vaccine is administered to pr...
Qualcomm Stock Is Near an All-Time Low Valuation. Look Beyond the Short-Term.
Investors should look beyond Qualcomm’s short-term financial results when the maker of mobile processors and 5G wireless chipsets reports earnings Wednesday, a Bernstein analyst says. Qualcomm (ticker...
Amazon’s stock reverses lower toward a 5th-straight drop, toward a 2 1/2-year low
Shares of Amazon.com Inc. AMZN, -5.52% sank 5.2% in midday trading, reversing an earlier intraday gain of as much as 2.1%, to put them in danger of a fifth-straight loss. The stock has tumbled 19.44% ...
The world’s top stock strategist called markets’ unexpected October rally—what he sees coming next isn’t as pretty
After a dismal start to the year, the Dow Jones industrial average just capped off its best month since 1976, defying the forecasts of many Wall Street analysts. But not all. The world’s top stock mar...
Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds
Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds The stock market has long been the go-to choice for...
Toronto Stock Exchange halts trading after technical issue
The Toronto Stock Exchange halted all trading in the morning following a technical issue, which the exchange’s operator noted impacted its stocks markets. The incident happened just after the op...
Goodyear stock falls 11% after Q3 results disappoint on inflation, stronger dollar
Goodyear Tire & Rubber Co. GT, -15.31% shares fell 11% in the extended session Monday after the tire maker reported third-quarter earnings below Wall Street expectations and said “challenges...
End is The New Beginning for ZIM Stock?
Shipping industry may go negative considering current global economic aspects. Zim Integrated Shipping Services are paying higher dividends amid declining payments. ZIM shares were trading at 23.49 US...
This medical devices stock opened 50% up on Tuesday: here’s why
ABIOMED Inc (NASDAQ: ABMD) opened about 50% up on Tuesday after Johnson & Johnson (NYSE: JNJ) said it will buy the heart pump maker for $16.6 billion. ABIOMED stock shot up in line with the propos...
Why October’s stock market rally is ‘on shaky ground’
The stock market may have come on too hard, too fast in October given the negative news facing investors into year end. “We believe the October rally in risk assets is really on shaky ground bec...
Positive Signals from Analysts for SNOW Stock Despite the Past Performance
The market downturn made many companies across different sectors witnessing recent lows. From tech to data cloud services, every industry was affected due to the macroeconomic situations. Prominent da...
Looking for Winners in a Down Stock Market? Raymond James Says These 2 Stocks Are Strong Buys
There are two conflicting trends in the markets today – the bearish macro trend that has seen the S&P fall 19% so far this year, and has seen the tech-heavy NASDAQ get stuck in a true bear market,...
Will Energy Stock Devon Energy Beat Q3 Earnings On Tuesday?
Energy stock Devon Energy (DVN) Q3 earnings are due Tuesday after market close. DVN stock is in the buy zone of a cup-with-handle base ahead of the earnings release. Shares are up Monday in light volu...
Should you buy NXP Semiconductors stock after its Q3 report?
NXP Semiconductors NV (NASDAQ: NXPI) reported market-beating results for its fiscal third quarter late on Monday. Shares are still “down” slightly after the bell. Is NXP Semiconductors stock a buy? In...
Actinium’s stock jumps 22% on new data for its acute myeloid leukemia therapy
Shares of Actinium Pharmaceuticals Inc. ATNM, +39.16% were up 22.8% in trading on Monday after the company met the primary endpoint in a Phase 3 clinical trial for its investigational treatment for re...
Paramount stock no longer deserves a premium multiple: Wells Fargo
Paramount Global (NASDAQ: PARA) has been in a downturn over the past seven months but a Wells Fargo analyst warns the pain is not over just yet. Paramount stock could crash to $13 On Monday, Steven Ca...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...
Why Wall Street Stock Predictions Are Meant To Be Wrong
Wall Street Getty Images Wall Street has a long tradition of rating stocks. Analysts from big investment banks keep an eye on certain stocks. And each quarter, they grade them by issuing one of three ...
SoFi stock rockets as earnings deemed ‘outstanding’
Shares of SoFi Technologies Inc. were flying higher in premarket trading Tuesday after the financial-technology company posted results that were dubbed “outstanding” by one analyst. Though the company...