Investors turned on their favorite group of stocks recently, dumping tech shares in historic numbers and increasing their bets against the sector amid a September sell-off. The move came just before the shares began to stabilize this week, but it remains to be seen whether the bearish tilt represented the kind of capitulation that marks
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A Tesla Inc. vehicle charges at a charging station in San Mateo, California, U.S., on Tuesday, Sept. 22, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Jefferies Financial Group — Shares of the financial services firm jumped more than 14% following the company’s third quarter
[embedded content] The likes of DraftKings (NASDAQ:DKNG), Virgin Galactic (NASDAQ:SPCE) and Nikola Motors (NASDAQ:NKLA) have had enormous success in using special purpose acquisition companies (or SPACs, for short) to go public in 2020. So it should be no surprise that companies of all sorts — such as Kensington Capital Acquisition (NYSE:SPAC) — are coming out
Shares in United Healthcare (NYSE:UNH) were the “disaster du jour” on Sept. 21, following the death of Supreme Court Justice Ruth Bader Ginsburg. At one point, UNH stock was down $17. Source: Ken Wolter / Shutterstock.com The stock’s fall assumed Ginsberg’s death will let the Trump administration have the Affordable Care Act, known as Obamacare,
The cruise industry has been hammered ever since the onset of the novel coronavirus. Despite a steady recovery by the stock market, investor sentiment towards cruise stocks remains poor. As a result, the share price of Norwegian Cruise Line (NYSE:NCLH), a household name in the sector, has dropped almost 75% this year, burning many owners
In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Market action around the election is expected to be so volatile that Interactive Brokers is forcing clients to put up more money in order to trade using leverage. The retail broker is increasing margin
Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Check out the companies making headlines in midday
Oversold stocks are typically stocks that have recently traded lower in price and have built up the potential for a bounce. Of course, there’s no guarantee that a price drop will lead to a bounce. And even when there is one, this price bounce may not be immediate. Oversold stocks could decline even further before
It’s not hard to understand why shares of DiamondPeak Holdings (NASDAQ:DPHC) are soaring. Much like marijuana stocks in 2018 and dot-com stocks back in 2000, this is the year for electric vehicle (EV) stocks. And DiamondPeak stock is the latest to see its stock go into orbit. Source: Shutterstock My InvestorPlace colleagues have covered DiamondPeak
The market enjoyed a nice rally on Tuesday, after a volatile Monday. With that in mind, let’s look at a few top stock trades as we enter mid-week. Top Stock Trades for Tomorrow No. 1: Snap (SNAP) Snap (NYSE:SNAP) continues to trade quite well, with shares flirting with a weekly-up rotation and hitting their highest
An AWS Ground Station satellite antenna at one of the company’s data center in Boardman, Oregon. Amazon Microsoft will offer a new service called Azure Orbital that connects satellites directly to its cloud computing network, the company announced at its Ignite conference Tuesday. The service will begin in a “private preview” to a select group of
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters Check out the companies making headlines after the bell: Nike — Shares of the athletic retailer soared more than 9% in extended trading on Tuesday after reporting better-than-expected fiscal first quarter earnings. Nike reported earnings of 95
Investors remain skeptical when it comes to cannabis stocks. And unsurprisingly, Canopy Growth (NYSE:CGC) hasn’t been immune. CGC stock has rallied from March lows, but it’s still down 25% year-to-date and near its lowest level in almost four months. Source: Shutterstock Let’s be honest: there are reasons for the trading frustration. The Canadian market in
United Airlines (NASDAQ:UAL) may not seem to be in the dire circumstances it faced four months ago. At least that is what its stock price says. UAL dropped below $20 in mid-May, and has since been on a slow path toward recovery. At this point UAL stock has eked out a 93% improvement since those
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Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Shares of Carvana jumped after the online used car marketplace said it expects to set records in several categories during its third quarter, including total revenue and retail units sold. Shares were up 24% in premarket trading. The company previously declined to give forward guidance for the
Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Bernstein upgraded Amazon to “outperform” from “market perform,” saying a 16% drop in the stock over the past few weeks has created an attractive entry point. Bernstein highlights Amazon’s growth prospects, noting a 50% increase this year in fulfillment capacity.
When it comes to innovation, there are few companies that can compete with Apple (NASDAQ:AAPL). The tech giant’s ability to incorporate novel technology in its products has made the company’s stock one of the most popular investments on the market. AAPL stock currently makes up 6.7% of the S&P 500 which is a huge feat
Today I wanted to highlight five high-yield dividend stocks that also have a very cheap price. They sell well below the company’s tangible book value per share. In addition, the companies have low price-earnings (P/E) multiples. Selling below tangible book value means that the stock is below shareholders’ equity after deducting intangible assets. Typically these
There hasn’t been much to get investors excited about Intel (NASDAQ:INTC) recently. Semiconductor stocks have been one of the hottest sectors to buy. But while Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) have grabbed the headlines, Intel stock has been lagging behind. Source: JHVEPhoto / Shutterstock.com Intel is already facing a loss of revenue as