Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC Check out the companies making headlines after-hours Tuesday: Regeneron Pharmaceuticals — The pharmaceutical company said trial data for its coronavirus antibody cocktail showed it reduced “viral levels and improved symptoms in non-hospitalized COVID-19 patients.” Regeneron shares were halted in after-hours trading. Micron Technology — Micron shares rose
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[embedded content] It’s been a rough year for Norwegian Cruise Line (NYSE:NCLH) and owners of NCLH stock. Source: Roberto Sorin / Shutterstock.com Coming into the year, the cruise industry was riding high on strong consumer spending and healthy travel appetite. NCLH was trading near all-time highs around $60. Revenues and profits were soaring. Life was
Workhorse Group (NASDAQ:WKHS) stock has moved up dramatically in the last year, soaring almost 600%. In fact, WHKS stock is up 665% in 2020 and has even fallen about 10% from its peak. But there are rising concerns about the stock having rallied too far and too fast. Source: rblfmr / Shutterstock.com Since my last
NYMEX crude oil trades around the $40 per barrel pivot point Historical volatility rises in the oil market The election should keep price variance high over the rest of 2020 Bullish and bearish factors continue to pull the price of crude oil in opposite directions. On the bullish side, central bank liquidity, government stimulus, a
In our live stream Swing Trading.The S&P 500 rallied yesterday but the question is do we breakout or do we breakdown? ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ✅14 Day Free Trial Final Days! Hurry! http://bit.ly/2Akb7Lq ================================================= Partner Discounts
Earnings season kicks off in a couple weeks and here’s why it may be better than expected. The S&P 500 is down 4% for the month, the first down month since March, but investors are expecting big things from corporate earnings reports, which begin Oct. 13 when JPMorgan releases results. “September has been a rough
Ethan Brown, founder and chief executive officer of Beyond Meat, center, celebrates with his wife Tracy Brown, center left, and guests during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday
The market can’t seem to get enough of electric-vehicle companies like Workhorse Group (NASDAQ:WKHS) and investor interest in WKHS stock remains high. Source: Photo from WorkHorse.com Buoyed by the success of Elon Musk, others in the auto industry are working to deliver battery-powered cars and trucks that will take ground transport to new frontiers of
Financial stocks have not fared too well in 2020. The obvious culprit is the novel coronavirus, which sent waves of disruption throughout the economy. That disruption wasn’t contained to just the domestic economy either, as the entire world suffered. But bank stocks were uniquely positioned to underperform. First, for a simple observation, they are stocks.
Bulls grabbed the market by the horns on Monday, running stocks higher right from the open. With that in mind, let’s look at a few of our top stock trades from Monday’s notable movers. Top Stock Trades for Tomorrow No. 1: United Airlines (UAL) The airlines caught fire on Monday, with the group receiving a
After Hadi Yousef began to invest in stocks, he soon learned the value of listening to a company’s earnings call. It didn’t take long for the then-Indiana University student to realize that tracking them down for a range of companies was a challenge. “Around that time, five years ago, I had really gotten into podcasts,
Yard signs supporting U.S. President Donald Trump and Democratic U.S. presidential nominee and former Vice President Joe Biden are seen outside of an early voting site at the Fairfax County Government Center in Fairfax, Virginia, September 18, 2020. Al Drago | Reuters If the presidential debate Tuesday results in a clear winner, there could be
[embedded content] Source: Christopher Penler / Shutterstock.com Jumia (NYSE:JMIA) was once heralded as the Amazon (NASDAQ:AMZN) of Africa. That was back in April 2019, when JMIA stock popped from its $14.50 IPO price to a $50+ price tag in a matter of days. Since then, the hype has faded, mostly because — as it turns
Chesapeake Energy (OTCMKTS:CHKAQ) is trading at dirt-cheap prices. But any investors tempted to dip their toes are forewarned. There is no profit to be made on Chesapeake Energy stock, whether it be now or after it emerges from Chapter 11. Source: IgorGolovniov / Shutterstock.com Why is that so, though? Chesapeake has been around for more
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Wharton School professor Jeremy Siegel told CNBC on Monday the stock market is likely primed for strong gains next year, regardless of whether President Donald Trump or Joe Biden occupy the White House. Siegel, who has been mostly bullish over the years, cited a number of reasons, including the increased money supply as a result of
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Devon Energy, WPX Energy — Shares of Devon jumped 9% while WPX
Adobe (NASDAQ:ADBE) stock — alongside essentially every other large-cap tech stock in the market — has plunged in September, with shares falling as much as 13% in just three weeks. Source: r.classen / Shutterstock.com Although that may seem like a big sell-off. But context is important here. Coming into September, ADBE stock was up 60%
What’s the big deal about dividend aristocrats? Well, income investors are in a difficult position, because of high stock prices and low interest rates, which have push fixed income returns to historic lows. The S&P 500 index is up less than 1% year-to-date and the average yield is less than 2%. Investors have to look
Is the wild ride over for Nio (NYSE:NIO)? The Chinese electric vehicle (EV) maker’s shares have gone parabolic not once, but twice so far this year. Source: Sundry Photography / Shutterstock.com First, shares zoomed from low single-digits to high single-digits in early summer, as the “EV bubble” came into motion. Then, strong July delivery numbers