Virgin Galactic CEO George Whitesides on Thursday revealed the company has seen steadily increasing demand from prospective space tourists, as the company edges closer to its goal of beginning commercial flights this year. The number of people telling the company they want to fly to the edge of space “keeps ticking up by a good
Month: January 2020
Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Shares of KB Home fell more than 1.5% in extended trading after the company reported lighter-than-expected revenue for its fourth quarter. The homebuilder posted $1.31 in earnings per share and $1.56 billion in revenue. Analysts expected $1.29 in earnings per
Shares of struggling home merchandise retailer Bed Bath & Beyond (NASDAQ:BBBY) tanked in early January after the company reported miserable third-quarter numbers that missed everywhere. And BBBY stock immediately felt the effects. Source: Jonathan Weiss / Shutterstock.com Comparable sales dropped more than expected. Revenues came in below estimates. Gross margins compressed. Expense rates rose. Profits missed by
Penny stocks are almost always high-risk, high-reward investments. Some of them are worth buying because they have visible and realistic pathways to at least tripling. Source: Tinseltown / Shutterstock.com That’s why I’ve recommended some penny stocks before, like struggling department store operator Stage Stores (NYSE:SSI), Chinese premium electric vehicle maker NIO (NYSE:NIO), and hydrogen fuel
Now that 2019 is behind us we’re beginning to see a breakout among the pack of publicly traded cannabis companies, and Hexo (HEXO) stock seems like it could go any direction. One of the main concerns some investors have is that HEXO is not as insulated from the woes of the Canadian recreational market as
Visa and Mastercard are evolving into exciting, modern fintech companies. But do the stocks have strong growth and income characteristics? Visa: https://www.zacks.com/stock/quote/V?cid=CS-YOUTUBE-FT-VID Mastercard: https://www.zacks.com/stock/quote/MA?cid=CS-YOUTUBE-FT-VID PayPal: https://www.zacks.com/stock/quote/PYPL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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Another day, another new high in the stock market. While geopolitical tensions are cooling, investors keep on buying. The SPDR S&P 500 ETF (NYSEARCA:SPY), the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) and the PowerShares QQQ ETF (NASDAQ:QQQ) all hit new all-time highs in the stock market today. Of course, it helps that Apple (NASDAQ:AAPL), Microsoft
Consumers and corporate chieftains are heading in the opposite direction, with one group still brimming with good thoughts about the future and the other sure that tougher times are coming. Recent surveys exemplify a trend that began a few years ago and has accelerated over the past several months. The gap between sentiment is broad
Customers look at the Apple’s new iPhone 11 series smartphones in an Apple retail store on East Nanjing Road in Shanghai. Alex Ta | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading on Thursday: Apple – Apple shares climbed 2% to a record high after data from
Investors’ interest in Nokia (NYSE:NOK) has increased in the last month despite a lack of news about NOK. The company’s fourth-quarter earnings report, scheduled to be unveiled between the end of this month and early February, may move NOK stock. And after reporting horrendous third-quarter results in October, the outlook for the company’s Q4 results
As with many other stocks in 2019, General Electric (NYSE:GE) ended with a nice bullish move. Starting in early October, shares of GE stock went from $8.28 to around $12 per share. This put the year-long return for 2019 at about 53%, which exceeded the gain on the S&P 500. Source: testing / Shutterstock.com This
Estimize expected a 93 bcf withdrawal Natural gas continues to struggle Time is running short Energy markets were wild this week. The price of nearby NYMEX crude oil futures traded in a range from $59.15 to $65.65 per barrel since January 3. The tensions in the Middle East translated to a wide range in the
In Swing Trading Today we discuss inflation and how it may be moving higher. We discuss how to trade the inflation trade. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them
On Tuesday evening, there was panic among online traders. The internet was littered with concern as futures markets took a dive. That was not the case come Wednesday morning, where stocks pushed higher. In fact, investors saw record highs in the stock market today. So what happened? Iran’s attack didn’t result in any casualties. I’m
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 27, 2018. Eduardo Munoz | Reuters Stocks are poised to finish the first five trading days of 2020 higher, setting up for potentially strong performance in the full year, based on an old Wall Street indicator. If stocks
Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York. Mark Kauzlarich | Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Bed Bath and Beyond shares tumbled more than 8% after the retailer released third-quarter results that missed analyst expectations and withdrew their
Political theater has been on full display this week. But for tech investors interested in Advanced Micro Devices (NASDAQ:AMD), Qualcomm (NASDAQ:QCOM) and iRobot (NASDAQ:IRBT), presentations showcasing their latest and greatest efforts at the Consumer Electronics Show (CES) and price charts are what matter most. With that said, let me explain more about these CES stocks.
For oil and gas investors, 2019 was an awful year. While a few of the integrated major oil companies managed to scratch out modest gains, nearly all of the smaller companies suffered sickening losses. For Cheasapeake (NSYE:CHK) it was even worse, as CHK stock price tumbled by two-thirds in 2019. The fact that the overall
Typically investors reduce gold holdings toward the end of the year, presumably to participate in the well-known Christmas Rally effect. Suki Cooper discussed this in a Bloomberg interview yesterday, it’s well worth 90 seconds to watch. 2019 was no different; investors backed off on gold in December, but gold didn’t drop very much. What it did do
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