Wall Street is concerned about the Yellen regulator super-summit, and with good reason, market watchers say. “The Street should be worried,” Jamie Selway, former head of electronic brokerage at ITG and now an investment advisor, told me. “There’s clearly questions about gamification, and whether a lot of these approaches are suitable and inducing unnecessary trading
Take a look at some of the biggest movers in the premarket: Canada Goose (GOOS) – Canada Goose shares surged more than 15% in the premarket after the outerwear maker beat estimates on both the top and bottom lines. Results were helped by strong growth in China sales as well as a surge in online
Big Lots, Inc. (BIG) shares fell 5% during Thursday’s session after Loop Capital downgraded the stock to Hold with a $60 price target. Key Takeaways Big Lots shares moved lower on Thursday after Loop Capital downgraded the stock to Hold with a $60 price target. Analyst Anthony Chukumba cited the stock’s valuation for the downgrade
Shares of SunPower (NASDAQ:SPWR) are up more than 523% in the past year as of Feb. 1. Some of that SPWR stock gain has been fueled by solar energy support by the Biden Administration. Source: IgorGolovniov / Shutterstock.com Yet the company is still is in dire straits. Management announced the closing of a major plant
Online dating leader Match (NASDAQ:MTCH) reported mixed fourth-quarter numbers this week, and investors weren’t too impressed. MTCH stock gave back nearly 8% on the news. Source: Lori Butcher / Shutterstock.com But here’s the good part: This dip in Match stock is a golden buying opportunity. Match’s earnings were broadly good. But, more importantly, this remains
Welcome to Reddit-land! Source: Shutterstock Thanks to this online stock-chat forum, numerous previously unloved stocks have been rocketing higher over the past few weeks. Reddit has become a powerful, albeit narrowly focused, force in the stock market. In recent days, Reddit traders have sunk their teeth into heavily shorted names like GameStop Corp. (NYSE:GME), AMC Entertainment Holdings
A person works out at Planet Fitness as they re-open at 25 percent capacity in Boston’s Dorchester on Feb. 1, 2021. Jessica Rinaldi | Boston Globe | Getty Images As Washington squabbles over stimulus, the bond market is already counting on lots of fiscal spending and an economic bounce back. In an extreme case, inflation
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: eBay — Shares of the online marketplace rose 8.5% in after-hours trading after the company reported fourth-quarter earnings and revenues that topped analysts’ expectations. eBay posted adjusted per-share
Disney (NYSE:DIS) is likely to reach new highs once its earnings come out after the market closes on Feb. 11. DIS stock is down 3% year-to-date, but this downdraft could easily turn around after the earnings release. The main reason is investors will see how powerful its over-the-top (OTT) streaming subscription services have become. For
Last week, an indiscriminate short-squeeze lifted Nikola’s (NASDAQ:NKLA) shares, albeit temporarily. But as the anti-bears put pressure on the hedge funds, not all stocks will sustain their lift. NKLA stock topped around $30 last week and is still up 62% over a period of one month. Its short float is 36.42%, which help explains the
Synopsys is the driving force behind the tech of future and will fit nicely in your portfolio of the future. Synopsys: https://www.zacks.com/stock/quote/SNPS?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
This is an article about air travel companies. However, before I discuss airline stocks, I want to point out a stock market basic: the markets are a leading indicator, not a lagging one. So, the indices and stocks from specific industries recover well before a larger economic recovery. As such, in the pandemic-induced market meltdown
Founded in 2014, Chinese startup car manufacturer Nio (NYSE:NIO) is still a relatively young electric vehicle (EV) company. However, it’s now worth more than General Motors (NYSE:GM). Though, General Motors’ sales overshadow both Tesla’s (NASDAQ:TSLA) and NIO’s. GM sold more than 3 million vehicles in China in 2019. If that is making your head spin,
Robinhood Markets is a discount brokerage that offers commission-free trading through its website and mobile app. The company generates significant income from payments for order flow, a common although controversial practice whereby a broker receives compensation and other benefits for directing orders to different parties for trade execution. Robinhood refers to this revenue as “rebates
Stash co-founders, Brandon Krieg and Ed Robinson. Source: Stash Stock-trading app Stash plans to announce a $125 million venture investment to help fuel customer growth. But it’s not looking to attract the type of trader who might bet on GameStop. The New York-based company will announce a Series G funding round Wednesday, led by Eldridge
Take a look at some of the biggest movers in the premarket: Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as of 7:32 a.m.
The problem with investing in Jaguar Health (NASDAQ:JAGX) right now is that no one outside of the company knows exactly how much cash Jaguar has. Management has not shared a balance sheet in a while. Consequently, it is impossible to tell what JAGX stock is worth. Source: Bukhta Yurii / Shutterstock.com The company raised $15
If you’re in the market for a stake in a China-based electric vehicle (EV) maker, the most obvious choice would be Nio (NYSE:NIO). Or, you might prefer something like Li Auto (NASDAQ:LI). However, those aren’t the only Chinese EV options out there. Xpeng (NYSE:XPEV) is a worthy contender and Xpeng stock could offer investors some strong returns. Source:
The madness surrounding r/WallStreetBets and GameStop (NYSE:GME) has quieted this week. And not a moment too soon. Source: Shutterstock But even though the story is not getting as many national headlines, there is a good investing lesson to learn from last week’s craziness. On today’s new episode of MoneyLine, I’ll share my thoughts on the
An epic battle is unfolding on Wall Street, with a cast of characters clashing over the fate of GameStop, a struggling chain of video game retail stores. The conflict has sent GameStop on a stomach-churning ride with amateur investors taking on the financial establishment in the mindset of the Occupy Wall Street movement launched a