Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell more than 6% after the company missed revenue estimates for the fiscal fourth quarter. The conglomerate reported 92 cents in adjusted earnings per share on $20.3 billion in revenue. Analysts surveyed by Refinitiv were
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Botty Investors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,948 shares of the e-commerce giant’s stock after purchasing an additional 597 shares during the quarter. Amazon.com accounts for approximately
Clearly expanding dramatically and rapidly around the globe, wind power has become a key tool in the fight against climate change. And — since wind power has ” the most decarbonisation potential per” megawatt, while offshore wind energy has begun to quickly proliferate,– wind energy, in all likelihood, will continue to spread speedily for the
Last year was a great time to own Ford Motor (NYSE:F) stock. Source: Ford With analysts like TV’s Jim Cramer pounding the table for it, the value of Ford shares doubled during 2021. The fourth quarter was especially sweet, with Ford selling over 500,000 cars in the U.S., more than General Motors (NYSE:GM) or even
CF Acquisition Corp. VI (NASDAQ:CFVI) is another blank check or special-purpose acquisition company (SPAC) linked to Trump Media and Technology Group (TMTG). This connection to the former president’s nascent media conglomerate is not enough to make CFVI stock appealing. Nor are its plans to take the conservative video-sharing platform Rumble public very enticing. Source: Tada
Jim Cramer Scott Mlyn | CNBC It’s been a bloody few weeks for once high-flying tech stocks and CNBC’s Jim Cramer believes there is still a bit more carnage to go for some parts of the market. “Tomorrow you got to do some selling…if you own stocks that are selling at a multiple to sales…those
In this article TSLA WYNN GM COIN Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant fell 2.6% after Jefferies downgraded the stock to hold from buy and said the company may need to shift its focus to video
Impax Asset Management Group plc grew its holdings in shares of AbbVie Inc. (NYSE:ABBV) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,914 shares of the company’s stock after purchasing an additional 201 shares during the quarter. Impax
Kevin Matras shows how to use the Current Ratio as a financial health barometer. Highlighted stocks include BLK, CBT, FIRE, ISRG and VRX.
After rising about 65% in 2021, Alphabet (NASDAQ:GOOG) has had a torrid start to 2022. Shares of GOOG stock are down 12% since the start of the year. On Jan. 21, the stock closed at around $2,600 per share. The market capitalization, once nearly at $2 trillion, is currently down to $1.7 trillion. Finally, the
SmileDirectClub (NASDAQ:SDC) may appear like it has little more room to drop. But the dust hasn’t settled with SDC stock. Even as it has fallen more than 83% over the past 12 months. Source: Helen89 / Shutterstock.com It wasn’t because of some sort of market overreaction that shares in this provider of dental alignment products nosedived
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digital banking and the industry consolidates. On net, U.S. banks shuttered 2,927 branches last year, according to S&P Global Market
Traders on the floor of the NYSE, Jan. 21, 2022. Source: NYSE Two factors that determine the direction of stock prices are 1) expectations of earnings increasing or decreasing, and 2) the market multiple (price/earnings ratio), which is an estimate on what investors are willing to pay for a future stream of earnings. Both are
Take a look at some of the biggest movers in the premarket: Kohl’s (KSS) – Kohl’s soared 27.3% in premarket trading as takeover interest in the retailer ramps up. Starboard-backed Acacia Research is offering $64 per share for Kohl’s, compared to Friday’s close of $46.84 a share. People familiar with the matter say private-equity firm
Grantham Mayo Van Otterloo & Co. LLC lowered its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 63.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,100 shares of the technology infrastructure company’s stock after selling 45,300 shares during the quarter. Grantham Mayo Van Otterloo
Semiconductor stocks have seen solid returns in 2021. As a result, the PHLX Semiconductor Sector Index (SOX) is up around 12.5% in the past 12 months. Meanwhile, numbers from the World Semiconductor Trade Statistics show that global sales in the industry will likely grow close to 9% in 2022. Yet, despite these positive prospects, many
As a sports fan, I sometimes watch with amazement as teams that are having a horrible game within a miserable season celebrate heartily after they made a few good plays. I wonder, “What are you so happy about? Overall, you’re doing horribly.” I have similar feelings towards those who are upbeat on AMC Entertainment (NYSE:AMC)
In this article VRNT AMZN TSLA VMW WMT VMware at the NYSE, Dec. 14, 2021. Source: NYSE Stocks have had a rocky start to 2022, and further turbulence could be ahead for investors. That’s because the current macro environment has been one of the most volatile in recent memory. Inflationary fears, labor shortages and the
Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its position in The J. M. Smucker Company (NYSE:SJM) by 1.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,577 shares of the company’s stock after selling 153 shares during the