Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 42 cents per share, 2 cents a share above estimates. Revenue was in line with expectations. It was the 23rd time in 25 quarters that the company beat Wall Street forecasts, but a year-over-year revenue
admin
Technology firms have fiscally outperformed many other companies during the novel coronavirus pandemic. Advanced Micro Devices (NASDAQ:AMD) is an excellent example of a tech company that has thrived in challenging circumstances, and the price action in AMD stock reflects this. Source: Joseph GTK / Shutterstock.com That being said, it should also be noted that AMD
In late June, after weeks of speculation, Chesapeake Energy (OTCMKTS:CHKAQ) finally officially filed for Chapter 11 bankruptcy, which allows a company to operate and work out deals with creditors while effectively wiping out common equity holders. Things don’t look great for CHK stock. Source: IgorGolovniov / Shutterstock.com On June 29, the New York Stock Exchange (NYSE) suspended the
Exxon Mobil (NYSE:XOM) stock is very attractive given its high dividend yield and other value markers. For example, at today’s price, $42.50, the annual dividend represents a dividend yield of nearly 8%. Source: Jonathan Weiss / Shutterstock.com I pointed out in prior articles that Exxon Mobil’s management said maintaining the dividend is a priority. I
In our live stream Swing Trading Today we answer the question of “do earnings matter? We will do some Technical Analysis to determine resistance levels on the stock charts. ✅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
What started off as a quiet day slowly turned into the bulls’ favor on Monday. With that in mind, let’s look at a few top stock trades after a solid day of trading. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) The trend in Nvidia (NASDAQ:NVDA) has been incredible, particularly given the size of
Fourth quarter earnings season kicks off with the big banks. They have been ignored by investors but are they hidden gems? JPMorgan-Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Citi: https://www.zacks.com/stock/quote/C?cid=CS-YOUTUBE-FT-VID Wells Fargo: https://www.zacks.com/stock/quote/WFC?cid=CS-YOUTUBE-FT-VID Bank of America: https://www.zacks.com/stock/quote/BAC?cid=CS-YOUTUBE-FT-VID PNC: https://www.zacks.com/stock/quote/PNC?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
CNBC’s Jim Cramer on Monday criticized the United States’ response to the coronavirus, saying that other nations across the world have been exemplars of how to keep deaths from the disease low. “I’m trying to figure out what kind of disaster that our country has had that’s ever been as bad as this that’s been
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Check out the companies making headlines after the bell: IBM — IBM shares rose more than 6% in extended trading following the release of the company’s second quarter earnings. The technology company reported second quarter earnings of $2.18 per share excluding items
Shares of technology giant Amazon (NASDAQ:AMZN) have been red-hot all year long. Until recently. Broader weakness in tech stocks, coupled with macroeconomic concerns of a resurgence of Covid-19 cases nationwide, has led to AMZN stock sliding for five straight days and dropping into correction territory for the first time since March. Source: Julie Clopper /
The shares of Peloton (NASDAQ:PTON) have been on fire in 2020. This year, PTON stock has more than doubled as the Covid-19 pandemic has supercharged demand for the company’s premium, at-home fitness equipment and services. Source: Sundry Photography / Shutterstock.com In financial markets, it’s important to remember that momentum is a real thing. Stock which
2020 has definitely been a roller coaster for oil stocks. The novel coronavirus has resulted in steep declines in demand, leading OPEC to drastically reduce production. While all this was going on, there was a point when crude oil dropped well below zero! It was, well, jaw dropping. But during the past couple months, the
An almost ten million barrel per day cut to balance the fundamental equation A rebound in the price took some pressure off A decision to taper- Waiting for a decision on the future of US output In April, OPEC, Russia, and other oil-producing countries came together to address the energy commodity’s evaporating demand. They agreed
Take a look at some of the biggest movers in the premarket: Halliburton (HAL) – The oilfield services company earned 5 cents per share for its latest quarter, compared to Wall Street forecasts of an 11 cents per share loss. Revenue came in below estimates, however, amid a significant drop in global activity. Noble Energy
HelloWoofy.com operates the Woofy platform, which helps better manage social media experiences. The company also has launched a crowdfunding campaign on Republic. The minimum to invest in HelloWoofy.com is $100. Source: Shutterstock The founder and CEO Arjun Rai launched the business in late 2016. He got the idea for HelloWoofy.com from his experiences with other
Casino owner MGM Resorts (NYSE:MGM) is expected to release earnings on July 30. Year-to-date, MGM stock is down more than 45%. Source: Michael Neil Thomas / Shutterstock.com According to the American Gaming Association (AGA), as of the end of March, all 989 commercial and tribal casinos nationwide had closed their doors. As I write, only 148
A view of Moderna headquarters on May 08, 2020 in Cambridge, Massachusetts. Moderna was given FDA approval to continue to phase 2 of Coronavirus (COVID-19) vaccine trials with 600 participants. Maddie Meyer | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares jumped 10% after the data released by
I’ve been writing plenty of stories about how the valuation of Tesla (NASDAQ:TSLA) stock has become completely detached from reality. But no matter how big the Tesla bubble gets, Tesla is still a minor player in the global auto market compared to legacy automaker investments like General Motors (NYSE:GM).Yet Tesla is getting all the attention,
Shares of artificial intelligence company Remark Holdings (NASDAQ:MARK) are on a fantastic bull run, as MARK stock is up almost 200% year-to-date. But I believe the momentum will lose steam as we move further along the road to recovery. Source: Angyalosi Beata / Shutterstock.com The reason for the exponential rise is down to Remark’s touch-free
Tonight Sunday Night Stock Market Live we will discuss if the stock market will continue to breakdown or will the stock market rally? We also discuss if Twitter stock is a buy, sell or hold? Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will become worse or