Traders on the floor of the New York Stock Exchange. Source: NYSE The floor of the New York Stock Exchange, which has been quiet in the past year, has suddenly come to life. Traders have been returning, restrictions have been relaxed so more visitors can come on the floor, and the IPO business is booming.
Traders on the floor of the New York Stock Exchange. Source: NYSE Earnings season begins with two major tailwinds: sky-high prices and soaring expectations. On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months, from expected 45% growth in January to 65% growth
In this article CWH KEY WDFC GAN A KeyBank sign with a market ticker is seen on the facade of the KeyBank Building in Columbus, Ohio. Jay Laprete | Bloomberg | Getty Images Check out the stocks that are making the biggest moves after the bell on Wednesday: WD-40 Company — Shares of WD-40 popped
In this article BAC DIDI GOOGL A woman is reflected in a puddle as she passes a Bank of America branch in New York’s Times Square. Brendan McDermid | Reuters Take a look at some of the biggest movers in the premarket: Bank of America (BAC), JPMorgan (JPM) – Bank stocks were under pressure on
In this article COIN NVDA DIDI SCHW JPM KSU A pedestrian walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Charles Schwab — Shares of the online broker dipped over 2% after Goldman Sachs downgraded the stock to neutral
In this article LEVI GM PSMT ACCD A sign in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell Thursday: Levi Strauss — Shares of Levi Strauss added 3.2% after the retailer crushed Wall
In this article AAL People walk past GM vehicles on display at the General Motors world headquarters building at Detroit’s Renaissance Center. Paul Hennessy | SOPA Images | LightRocket | Getty Images Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) — The denim maker added about 3% after
In this article BAC GS JPM SPCE AMC RCL LUV UAL AAL A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Check out the companies making headlines in midday trading. JPMorgan, Goldman Sachs, Bank of America — Bank stocks led the market comeback on Friday as
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Second-quarter earnings reporting season gets underway in the week ahead and eye-popping results could validate a market that continues to easily shake off any concerns on its steady march to record high after record high. The second quarter’s profits for
In this article SPCE JWN CAKE Virgin Galactic Founder Sir Richard Branson demonstrates a spacewear system, designed for Virgin Galactic astronauts, at an event October 16, 2019 in Yonkers, New York. Don Emmert | AFP | Getty Images Take a look at some of the biggest movers in the premarket. Virgin Galactic — Shares of
In this article COF TROW RCL CCL GS CAKE Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Virgin Galactic — Shares of Virgin Galactic were down 14%
In this article BA JPM PEP Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage giant gained 1.3% in premarket trading, after beating estimates on the top and bottom lines and raising its full-year forecast. PepsiCo earned an adjusted $1.72 per share for the quarter, 19 cents above
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). Source: Shutterstock Since the last time we talked in early April, when this stock was down 10% year-to-date, Osisko Gold Royalties has staged a comeback to notch a respectable 6% gain year-to-date at the
Facebook (NASDAQ:FB) stock has been on a roll. So far this year FB stock is up 26.5% as of July 9 when it closed at $350.42, up by $77.26 from its close of $273.16 on Dec. 31. This is close to my original target price of $374.53 that I forecast on Feb. 9 (up from
Nio (NYSE:NIO) stock has been weak in recent weeks thanks to concerns related to China regulation. Long story short, the Chinese government has been cracking down on its own “Big Tech” companies that have been seeking fundraising in the United States via American exchange listings. Source: Andy Feng/Shutterstock.com Ride-sharing platform Didi (NYSE:DIDI) has been at
There has been a lot of noise in the market in 2021. The rise and fall of so-called social media “meme” stocks like Canadian cannabis producer Tilray (NASDAQ:TLRY) stock may be the noisiest phenomenon of the first half of the year. Source: Jarretera / Shutterstock.com Meme stock mania has focused mainly on stocks that have
Just as I predicted in my last article on ViacomCBS (NASDAQ:VIAC), the company produced a large increase in free cash flow (FCF) during Q1. On May 6, the company presented its latest earnings and cash flow release. As a result of its astounding jump in FCF, I now estimate that VIAC stock is worth at
SOFI stock has been very weak as of late, having lost nearly all its June gains. Formerly trading at $24, the stock is now down around $16. That’s quite a huge haircut. Source: rafapress / Shutterstock.com However, despite its recent downtrend, our analysis suggests this stock’s weakness is out of sync with the fundamental usage
Oracle (NYSE:ORCL) stock looks even more undervalued than it did in April. At the time, I said this cloud software company was worth at least 30% more than its April 14 price of $76.78. That put the value of ORCL stock at about $100 per share. Today, with its Q4 free cash flow (FCF) up 19%
Peter Lynch, who grew the Fidelity Magellan Fund from $18 million to $14 billion in 13 years, once said, “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” As insiders tend to beat the market, investors would do well to track