It’s difficult to put a positive spin on the current state of the stock market. While 2022’s action has seen moments of relief, for the most part, the trend has been resolutely downbeat, as reflected ...
Tag: Stocks
Is it too late to invest in the Biotech stocks?
“IBB” – the iShares Biotechnology ETF has already recovered about 30% over the past five months but Jefferies’ Michael Yee is convinced it still has more room to the upside. Yee’s bull case for the bi...
Stocks making the biggest moves after hours: Nordstrom, Autodesk and more
A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Check out the companies making headlines after hours. Nordstrom — Shares fell more than 4% after the department store cut its forecast. Nords...
Cathie Wood’s Ark Buys $60 Million In Bitcoin, Crypto Stocks After FTX Collapse Even As Analysts Fear Contagion Risk
Topline Though bitcoin prices have plunged to the lowest level in two years, Ark Invest, the investment firm helmed by high-profile stock picker Cathie Wood, has doubled down on the struggling sector ...
Tesla Drops To New 52-Week Low As CEO Checks Blue Checkmarks
Tesla Model S electric car at a supercharger charging station getty Tesla shareholders must wondering what is going on. The stock is hitting new 52-week lows and the Chief Executive Officer is spendin...
Looking to Ride the Self-Driving Boom? Analysts Suggest 2 Stocks to Buy
The automotive industry is at the beginning of a major shake-up, akin to the first flowering and spread of combustion-engine cars in the first place. Important new technologies are bursting onto the s...
These stocks are burning cash fast and might need to raise capital soon, Goldman Sachs flags
Equity strategists at Goldman Sachs GS, +0.27% point out the cost of money is no longer next to nothing. The weighted average cost of capital for U.S. companies has gone from near the lowest level in ...
Should you buy German stocks amid the PPI decline in October?
The COVID-19 pandemic led to an unprecedented response from central banks and governments. To support economies and households, vast sums of money were needed. The fear was that inflation would rise u...
Rout of Carvana, the ‘Amazon of Used Cars,’ Has No End
Concerns are mounting around Carvana, the “Amazon of used cars.” The company was an investor darling during the pandemic. They hailed the new economy that wanted consumers to buy everythi...
Bitcoin Miners Selling at Fastest Rate in 7 Years, Stocks Slump
Bitcoin miners are having a rough time at the moment. They’re offloading the asset at increased rates and company stocks are slumping. With BTC prices hitting a new bear cycle low on Nov. 22, the pres...
Top trending stocks after hours: Zoom, Urban Outfitters, Dell
Zoom (ZM): The company cut its fourth quarter and full-year revenue guidance, sending shares lower by more than 4% in extended trading. Zoom sees fourth-quarter revenue $1.10 billion to $1.11 billion,...
Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures
Tesla Inc. TSLA, -6.84% shares and shares of other electric-vehicle makers underperformed the broader market in midday trading Monday, as worries about China’s COVID lockdowns were back to the f...
Wharton Professor Jeremy Siegel says stocks will soar 20% next year as inflation fades—but legendary investor Bill Ackman says not so fast
In boardrooms at Fortune 500 companies, at swanky Wall Street bars, and in the halls of business schools across the country, there’s been a consistent debate over “what’s next?” for U.S. inflation ove...
Tesla Slumps; Chart Highlights Major Support Nearby
Down more than 50% this year, Tesla (TSLA) – Get Free Report stock is finally succumbing to the 2022 bear market. Interestingly, though, the electric-vehicle leader’s stock is not breakin...
George Soros Pulls the Trigger on These 2 “Strong Buy” Stocks
For anyone looking to get ahead in the investing game, following in the footsteps of stock picking legends is an obvious path to follow. Hardly any are more legendary than George Soros, forever known ...
7 Wash Sale Facts To Know Before Selling Stock For Tax Loss Harvesting
Watch out for wash sales of stock, which can mess up your tax planning. getty Are you bullish about the stock markets in 2023? If so, you may be looking at year-end strategies to prepare for brighter ...
UnitedHealth, Cigna stocks fall after Raymond James downgrades, citing tripledemic and policy concerns
Shares of UnitedHealth Group Inc. UNH, -1.69% fell 0.5% and Cigna Corp. CI, -0.43% slumped 2.3% in premarket trading Monday, after Raymond James analyst John Ransom downgraded the health insurers, cit...
Moderna, Intel And 3 Other Stocks Likely To Rebound In January
An Applied Materials Inc. facility in Santa Clara, California. Photographer: David Paul … [+] Morris/Bloomberg © 2016 Bloomberg Finance LP Stocks that are killed in a given year often come back ...
Goldman Warns ‘Bear Market Isn’t Over’—Here’s What Experts Predict For Stocks Next Year
Topline As stocks struggle to add to a stunning year-end rally, a slew of analysts are warning the bear market that started in June has room to run as looming corporate earnings in the coming quarters...
4 Attractive Stocks Selling Below Book Value
us dollar inside book. financial concept. getty People can argue all day about whether book value is a good gauge of a stock’s value. I say it is, and I believe the results from this column tend to pr...
Bob Iger is back as Disney’s CEO. Is it safe to buy Disney stocks?
Disney (NYSE: DIS) is up over 9% in pre-market trading hours. The news that Bob Iger, its previous CEO, is back triggered a sharp rally after the company missed the estimates on the last quarterly ear...
Should you buy or sell US stocks during the Thanksgiving week?
As the world pays attention to the Fifa World Cup tournament that just started in Qatar, investors are preparing for one of the most interesting weeks for the US equity market –Thanksgiving week. Ahea...
China property stocks surged amid warnings of weak reality, high expectations
China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Futur...
Stocks Set for Mixed Open Amid Focus on Fed, China: Markets Wrap
(Bloomberg) — Asian stocks were poised for a mixed open Monday after small gains on Wall Street Friday as investors continue to focus on the outlook for interest rates. Most Read from Bloomberg ...
China Stocks to Jump on Reopening and Property: Hao Hong
(Bloomberg) — China will reopen from its Covid Zero lockdowns gradually and its property sector will recover slowly with policy support, helping propel the country’s benchmark stock index by 13%...
Jim Cramer sees reasons to be more positive on stocks and gives these 2 names his stamp of approval
Unhappy with the state of the portfolio after miserable 2022 stock market action? You are probably far from alone. Most investors have struggled to make headway in this year’s ongoing bear market, whi...
Why Did Chinese Stocks Drop Some 13% In October 2022?
| Getty Images Key Takeaways The Hang Seng Index, a Hong Kong stock index that features many Chinese companies, was down more than 36% year-to-date and 13% in the month. The fall came on the back of X...
Bearish Bets: 3 Stocks You Definitely Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023)
The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023) 2022 continues to deliver a ...
Retired? You May Want Stocks, Not Bonds, to Power Your Portfolio
A retired couple enjoys a hike with their family. An expert from Morningstar argues that equities are far more important in retirement than bonds. If you’re already retired, it may be time to rethink ...
Wells Fargo Tries Something New (and Customer Friendly)
For many Americans, living from paycheck-to-paycheck is a fact of life. Saving a bit of money at the end of the month in order to afford the next month’s rent is typically a significant financia...