Skynesher | E+ | Getty Images Company: Splunk (SPLK) Business: Splunk is a leading provider of application software that collects and analyzes data from digital systems to help organizations identify security threats and monitor IT infrastructure. The company can take significant amounts of unstructured data from various systems and come up with insights that help
Month: November 2022
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making headlines in midday trading. Disney — Shares of the media giant slid more than 11% after the company’s quarterly results missed Wall Street expectations on revenue and profit, as both its parks and media
Growth stocks to buy took quite a hit this year. That might deter investors from placing their bets on them for the long haul. However, growth stocks are tremendous investments for retirement, with the potential to generate massive returns. Making money becomes significantly easier if you have the nerve to invest and hold growth stocks
Lyft (NASDAQ:LYFT – Get Rating) had its price objective trimmed by Susquehanna from $23.00 to $13.00 in a research note issued to investors on Tuesday morning, The Fly reports. The firm currently has a neutral rating on the ride-sharing company’s stock. LYFT has been the topic of a number of other reports. BTIG Research dropped
In this article WBA LVS INTC DOCS USB WYNN Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hold. Following a recent meeting with management, the firm
Yesterday was a record-setting day for the stock market. And if history is any guide, it marks the beginning of a big new bull market wherein you could mint a fortune over the next 12 months. Here’s the quick story. After October inflation numbers came in much lighter than expected, stocks soared yesterday the most
Meme stocks represented one of the most remarkable developments in the equities space during much of the new normal. However, by 2022, this sector received a very rude awakening. To be fair, this space enjoys backing from powerful Internet communities, making a shorting proposition wildly risky. So, that’s not what I’m going to talk about.
Warning: Undefined array key 0 in /home/etfdailynews/public_html/wp-content/themes/responsalambre/functions.php on line 144 wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=240&zc=2″ class=”ff-og-image-inserted”> The Fed recently announced its fourth consecutive three-quarters of a percentage point interest rate hike, taking the target range to 3.75% to 4%, its highest since January 2008. The latest move comes after inflation rose higher than expected in September, climbing 8.2% year-over-year. The Fed
In this article DOCS LZ IMAX RL DUOL COIN AMZN GM WYNN MCK VRTX HUM ELV CI NFLX BZH WBA Follow your favorite stocksCREATE FREE ACCOUNT A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online
[Editor’s note: “Industry Catalyst Gives Desktop Metal Stock Enormous Potential” was previously published in February 2021. It has since been updated to include the most relevant information available.] When it comes to 3D printing leader Desktop Metal (DM), it’s all about the Fourth Industrial Revolution. That is, the company is at the epicenter of a
Things seem to be getting worse in China. In recent months, Chinese President Xi Jinping has consolidated his grip on power. He’s pledged to return China’s economy to its socialist roots and move away from the free market path it had been on. This follows more than a year of crackdowns on publicly traded Chinese
Northwestern Mutual Wealth Management Co. boosted its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Rating) by 366.1% in the second quarter, Holdings Channel reports. The firm owned 6,619 shares of the company’s stock after purchasing an additional 5,199 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Sprouts Farmers Market were
In this article BROS RIVN SIX WE 9866-HK TPR Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of
To say the Covid-19 vaccination wave in 2021 moved the needle for Pfizer (NYSE:PFE) stock is an understatement. Revenue nearly doubled thanks to its vaccine candidate (Comirnaty), which the pharma firm co-developed with BioNTech (NASDAQ:BNTX). PFE stock performed strongly as well during this timeframe. So far in 2022, however, Pfizer’s performance has been far less
At long last, after taking a beating all year long SoFi Technologies (NASDAQ:SOFI) stock had a good day. On Nov. 1 share shot higher after SoFi released its third-quarter 2022 financial results. Yet, those gains were quickly coughed up as SOFI stock retreated over the next couple of days. Investors must ask themselves: Why did this happen, and
SolarEdge Technologies (NASDAQ:SEDG – Get Rating) had its target price boosted by stock analysts at Piper Sandler from $315.00 to $325.00 in a report released on Tuesday, The Fly reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. Piper Sandler’s price objective suggests a potential upside of 30.41% from the stock’s
In this article ARKK Follow your favorite stocksCREATE FREE ACCOUNT Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. Lauren Justice | Bloomberg | Getty Images Cathie Wood’s flagship ARK Innovation ETF staged a dramatic relief rally Thursday
In this article BROS VCSA COIN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Travis Boersma, Dutch Bros Coffee at the NYSE, September 15, 2021. Source: NYSE Check out the companies making headlines in midday trading Thursday. Coinbase – The cryptocurrency exchange was up 10.7% after Oppenheimer said Coinbase was well-positioned while the larger sector was
Once considered to be a cash cow for investors, finding semiconductor stocks to buy and hold can be daunting these days. The iShares Semiconductor ETF (NASDAQ:SOXX), an exchange traded fund that holds 30 leading semiconductor stocks, is down more than 35% so far this year as a chip shortage continues to stress the industry. But if you’re a
There’s a decent chance that any stock investment is bound to decline in value right now. The Federal Reserve recently instituted its fourth consecutive 75 basis point (0.75%) interest rate hike. This move signaled that the ultimate terminal rate required to bring down inflation may be higher than initially anticipated. For most stocks, this has
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