Check out the companies making headlines after the bell: Starbucks — Shares of the coffee giant jumped 5% in extended trading after the company posted its third-quarter financial results. The company reported a third-quarter loss of 46 cents per share excluding some items on revenues of $4.22 billion. Analysts surveyed by Refinitiv expected as a loss of
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After a blockbuster IPO, what’s next for Lemonade (NYSE:LMND)? Going public July 2, Lemonade stock more than doubled on its first day of trading. But that was only the start. With investors excited about the insurance startup’s disruption power, shares traded at even higher prices earlier this month. Source: Piotr Swat / Shutterstock.com Granted, shares
There’s a long-term case for travel stocks even as the novel coronavirus continues to spread. At some point, even if it’s years off, normalcy will return to everyday life. Whether a company like Moderna (NASDAQ:MRNA) develops a vaccine, treatments improve, or natural factors intervene, this pandemic fortunately won’t last forever. And with many travel stocks
It was a choppy, mostly directionless day in the markets as investors gear up for some heavy-hitting earnings reports. With that in mind, let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: General Electric (GE) General Electric (NYSE:GE) broke down to new lows in May before reversing higher and
It’s been an incredible start to Q3 for silver (SLV) as the metal is up over 30% in barely 20 trading days, and this significant move in the metal has brought with it the most optimism we’ve seen in years. While it was hard to find a $20.00/oz price target for silver during the metal’s
A smart phone with the icons for the J.P. Morgan apps. Christopher Wong | S3studio | Getty Images JPMorgan Chase is ditching plastic for some of its credit cards. The Wall Street giant’s commercial cards team is partnering with Bay Area start-up Marqeta to launch digital-only credit cards. The new function will allow JPMorgan corporate cards
Take a look at some of the biggest movers in the premarket: McDonald’s (MCD) – The restaurant chain reported quarterly profit of 66 cents per share, shy of the 74 cents a share consensus estimate. Revenue came in above Wall Street projections. Comparable-restaurant sales were down 23.9% globally, slightly wider than the 22.8% consensus estimate.
When the novel coronavirus began rapidly spreading worldwide, companies scurried to set up remote work arrangements with their staff. This dramatic shift from the office to home may last longer than thought. The U.S. failed to flatten the curve. And with the spread of coronavirus on the rise, remote work is going to be a
Carnival Corp. (NYSE:CCL) is making intelligent moves in response to novel coronavirus pandemic. The company is selling ships, cutting costs, and streamlining operations, but investors are still skeptical of investing in CCL stock. Source: Ruth Peterkin / Shutterstock.com We are still a long way away from seeing volumes return to pre-pandemic levels. Cruise lines served
Natural gas consolidates moved higher after another small injection January spread reflects plenty of supplies Contango in natural gas is a function of seasonality The term structure in a commodities market can tell us a lot about supply and demand fundamentals and seasonality. In the natural gas market, the price tends to reach its peak
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CNBC’s Jim Cramer urged investors Monday to remain cautious about the length of time it takes to develop a successful coronavirus vaccine, saying that Massachusetts-based biotech firm Moderna may be painting too rosy of a picture. “It’s not a simple case. You don’t just say, ‘Hey, look at this. These people didn’t get Covid over a couple weeks.’
GP: A logo of a Virgin Galactic is seen outside the building during the company’s first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City. JOHANNES EISELE | AFP | Getty Images Check out the companies making headlines after the bell: F5 Networks — Shares of the
I wanted to find five food and beverage stocks that pay consistent dividends and that are also undervalued. The idea is that these stable companies can provide consistent returns for value investors despite the popularity of momentum stocks. It turns out that the five stocks I found have very attractive value features. For example, the
Bank stocks have been one of the year’s worst-performing sectors. The median U.S. banking stock is down close to 30% on the year, and many international banks are posting similarly poor performance. The novel coronavirus has done a number on bank earnings. There’s obviously the rising risk of loan losses as consumers and businesses deal
Stocks crept higher on Monday after a bumpy Friday session and ahead of what’s set to be a very busy earnings week. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: McDonald’s (MCD) With earnings on deck, let’s look at a few earnings
The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in New York, on May 26, 2020. Tayfun Coskun | Anadolu Agency via Getty Images The stock-market debate lately has taken place largely from the extremes. The believers are calling the powerful rebound from the Covid-shock lows a brand-new bull market, with a
Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toymaker reported quarterly earnings of 2 cents per share, short of the 23 cents a share consensus estimate. Revenue also came in well short of forecasts, hurt by store closures and product shortages despite strong consumer demand. The company
Nokia (NYSE:NOK) is implementing new technologies and adding new partners that should improve its 5G offerings. These moves leave Nokia stock better positioned to benefit from the new mobile technology. Source: RistoH / Shutterstock.com Meanwhile, there are signs that Nokia stock is being meaningfully helped by the stay-at-home trend. The company recently entered a new,
Until the recent volatility, banks and energy stocks were among the darlings of Wall Street’s passive income-seeking investors. However, economic realities have made many of these companies reevaluate the sustainability of their high payout yields. As a result, boards of a wide range of businesses have either slashed or fully eliminated dividends. Today I’ll take a closer