The Hourly View for DRH At the time of this writing, DRH (Get Ratings)’s price is up $0.08 (0.91%) from the hour prior. This is the 2nd hour in a row DRH has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on
Month: August 2021
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous funding round just five months ago amid torrid revenue growth and strong demand for fintech investments. Ramp is raising $300 million in a Series C round at a $3.9 billion
Roberto Machado Noa Check out the companies making headlines after the bell: Peloton Interactive — Shares of Peloton sunk about 10% in extended trading after the exercise equipment company reported a wider-than-expected quarterly loss. The company posted a loss of $1.05 per share in the fiscal fourth quarter, compared with a loss of 45 cents
Pinterest (NYSE:PINS) was sailing along at the end of 2020, up 250% on the year. But when 2021 rolled around, volatility took hold of PINS stock. Source: Nopparat Khokthong / Shutterstock.com The latest example of this was the mid-May to early July rally from $55 to $80. This was followed by two weeks of downward
This is no longer our grandparents’ or even parents’ stock market. High valuations have become the norm in an investing world dominated by retail traders. But when market volatility is high and economic uncertainty is on the rise, your best bet is to invest in mega-cap stocks. Why? Well, although there are no guarantees in
DiDi Global (NYSE:DIDI) could easily fall quite significantly to the value of just its non-China operations, plus its net cash (as long as that cash is not in China). This is because Chinese regulators have placed the company under dire restrictions. If that happens, I estimate that DIDI stock would be worth no more than
The Hourly View for TRMK At the moment, TRMK (Get Ratings)’s price is down $-0.22 (-0.67%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as TRMK has now gone down 5 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on
ARCB and ULTA are two stocks for your aggressive growth stock radar screen.
Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers. Tom Montag, 64, who is chief operating officer and leads the global banking and markets division, as well as Anne Finucane,
In this article CRM ANF SJM DG DLTR COTY Check out the companies making headlines before the bell: Coty (COTY) – The cosmetics maker’s shares added 2.7% in the premarket after it said it expects a return to annual sales growth this year. Coty’s adjusted loss for its latest quarter was 9 cents per share,
Advanced Micro Devices (NASDAQ:AMD) stock is up 18% so far in 2021. If anything, AMD stock is now cheaper than it was before. Source: JHVEPhoto / Shutterstock.com That’s because AMD continues to grow rapidly on both the top and bottom lines. Advanced Micro Devices saw $710 million of net income in its second quarter, or
Investors have so many different choices in the market today that it can be difficult to know which is the best route for one’s capital. However, we believe that the best path to compounding wealth — and securing financial freedom — is through prudent, long-term allocation to dividend stocks. Even still, the types of dividend
This is my first time writing about Novavax (NASDAQ:NVAX) and the more I learn about the company, I can’t help but think about Inception, the Leonardo DiCaprio movie about dreams within dreams. A lot of the discussion around Novavax’s Covid-19 vaccine feels like living in that film’s impossible dream worlds. People buying NVAX stock are believing
The Hourly View for BSM At the time of this writing, BSM (Get Ratings)’s price is down $-0.06 (-0.6%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as BSM has now gone down 8 of the past 10 hours. As for the trend on the hourly timeframe, we
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In this article GS GSBD American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs said Tuesday that only vaccinated people can enter its buildings starting next month. The leading global investment bank said the new policy starts
Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Salesforce — Salesforce shares rose 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Revenue increased 23% year over year in the
The metaverse is, quite simply, an entirely virtual world in which a large number of participants can gather to work or play. The concept was once only found in science fiction, but has taken off in recent years. As a result, many investors are looking for metaverse stocks to play the trend. I remember writing
Tired of meme stocks? 2021 has seen a flood of stocks that have made huge gains — and often fallen back to Earth just as quickly — thanks to Reddit and retail investors. The best dividend stocks offer an alternative to meme stocks. They may not hold the promise of rapid gains, but companies that
GameStop (NYSE:GME) remains one of the year’s most remarkable stock market stories. GME stock enjoyed not one but two historic short squeezes, leading to windfall profits for longs and incredible pain for skeptics such as Melvin Capital. Source: rblfmr / Shutterstock.com However, the fun may be winding down for GameStop. Shares have been sliding for
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