Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the first time. Growth rates have slowed from the meteoric levels seen as the pandemic began
Month: August 2021
We can’t discuss Tilray (NASDAQ:TLRY) without leaving the door open for a super spike. GameStop (NYSE:GME) did not invent the phenomenon, TLRY stock did it years ago. While this alone is not an investment thesis, it serves as a reminder that it’s OK to own shares now. I don’t condone going all in now, but
Workhorse (NASDAQ:WKHS) is a stock with a Beta (5Y Monthly) of 2.73 according to Yahoo! Finance. This means that based on the latest regression statistical data, WKHS stock is to move significantly more compared to the Beta of 1.0 for the S&P 500 or any other widely used stock market index. Source: Shutterstock If you like
The Hourly View for KYMR At the moment, KYMR (Get Ratings)’s price is up $1.36 (2.34%) from the hour prior. KYMR has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
In this article PYPL SQ HOOD A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been exploring ways to let users trade individual stocks, according
St. Bernard Parish residents fill up their cars and gas cans as the Louisiana coast prepares for the arrival of Hurricane Ida on Friday, Aug. 27, 2021 in New Orleans. Chris Granger | The Times-Picayune | The New Orleans Advocate via AP Hurricane Ida temporarily shut down a critical swath of U.S. oil production and
Shares of telecommunications giant Nokia (NYSE:NOK) are finally on the move. Its stellar earnings and quarterly guidance hike has boosted its shares significantly. Moreover, it continues to win over new clients who have solidified its position in the 5G race. NOK stock gained a healthy 16% in the past three months. Source: rafapress / Shutterstock.com NOK
The U.S. public and the market are belatedly realizing that the Delta variant of the coronavirus is not very dangerous, especially to those who are vaccinated and won’t stay in the U.S. for many months. Consequently, now is not a good time to buy highly valued stocks that thrive when consumers stay at home more.
The Hourly View for CHPT At the moment, CHPT (Get Ratings)’s price is up $0.23 (1.07%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
In this article SPRT The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters Shares of Support.com are poised to extend their massive GameStop-style rally as Reddit-obsessed retail investors zoned in on the heavily shorted software name. The
Take a look at some of the biggest movers in the premarket: Affirm (AFRM) – Affirm rocketed 41.2% in premarket trading after the digital payments specialist announced a partnership with Amazon.com (AMZN) that will allow Amazon customers to pay over time for purchases of $50 or more. Moderna (MRNA) – Moderna fell 2.7% in the
I’ve written about Wish.com parent ContextLogic (NASDAQ:WISH) in the past. I liked the company’s business model as it fulfills a very specific niche. However, I also pointed out that WISH stock would be a volatile and speculative purchase. Source: sdx15 / Shutterstock.com This is apparent in how WISH stock has performed since my article in
This is certainly an odd economy. On one hand, the delta variant is a dark shadow over how long economic expansion lasts. On the other, the economy is booming and oil stocks have gone from zeros to heroes in the past year. The S&P Global Oil Index, which measures the performance of 120 of the
The Hourly View for YRD At the time of this writing, YRD (Get Ratings)’s price is up $0.02 (0.6%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the
In this article MSFT TGT AMAT WOOF NVDA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters As the year progresses, the vast majority of companies have already posted their latest quarterly results. The economic recovery ramped up throughout the
Nano Dimension (NASDAQ:NNDM) was one of the beneficiaries of the 2020 bull run. I remember last year when NNDM stock was very popular among retail investors. The stock shot up nearly 10x from below $2 in September last year to a high of approximately $18. Source: Spyro the Dragon / Shutterstock.com This massive run-up was
Right now everyone loves Square (NASDAQ:SQ) stock. Source: Jonathan Weiss / Shutterstock.com The company only came public in 2015, at a market cap of $2.9 billion. Today that number is right around $124 billion. At its current value Square is the third most valuable payment outfit, behind only MasterCard (NYSE:MA) and Visa (NYSE:V). But it
The Hourly View for ETRN Currently, ETRN (Get Ratings)’s price is up $0.09 (1.01%) from the hour prior. This is the 3rd hour in a row ETRN has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters It’s late August, so the market is supposed to be on vacation like so many of us. However, considering that since the pandemic started, no one really keeps track of what month it is – how
In this article URBN SAVA EXPR JNJ DKS SCVL Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its
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