Burgers and French fries from Shake Shack Shake Shack Check out the companies making headlines after the bell: Shake Shack — Shares of the fast-food chain fell more than 13% in extended trading after the company reported fourth-quarter revenue that missed analysts’ estimates. Shake Shack reported revenues of $151 million, while analysts expected $153 million, according
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A price recovery as March is around the corner Sellers above the $2 level Look for seasonal lows in March and April The price of nearby NYMEX natural gas futures rose to a high of $4.929 per MMBtu in November 2018 at the start of the 2018/2019 peak season for demand. Stockpiles of natural gas
It’s getting tougher to remain bullish on Aurora Cannabis (NYSE:ACB) with every passing day. Aurora stock has tumbled as the company stumbled from one issue to the next throughout February. Source: Shutterstock Aurora stock has lost roughly 80% in value over the past year alone, and although there was a blip in Aurora’s stock price
U.S. stocks again look wobbly. A 1% sell-off in the S&P 500 and 1.8% decline in the Nasdaq Composite on Friday both represented the biggest declines since January. The market had shrugged off fears of the coronavirus, but as hopes of containment fade, investor sentiment may well be doing the same. Source: Shutterstock To be
On Feb. 5, San Diego-based Qualcomm (NASDAQ:QCOM), the leading chipmaker, released mixed Q1 FY20 earnings. The report warned Qualcomm stock investors of the potential adverse effects of the coronavirus from China. Following the results, the stock has been volatile with a downward bias. Year to date, the share price is down about 6%. Source: Akshdeep Kaur
CNBC’s Jim Cramer said investors who are trying to navigate Monday’s global stock market sell-off should look to drug companies. “I look at these drug companies and I think, ‘Wouldn’t that be a great place to go if the market really falls apart?’ ” Cramer said on “Squawk on the Street.” “They’re so good and
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Check out the companies making headlines midday: Nvidia, Advanced Micro Devices — Shares of Nvidia sunk more than 5% and Advanced Micro Devices tanked more than 6%
Since peaking in just short of a year ago, most cannabis stocks seen nothing but red. Aurora Cannabis (NYSE:ACB) stock features in the list of worst performers. Shares currently trade at $1.68, down 83% from a 52-week high of $10.32 in mid-March 2019. While a short-term technical bounce is likely from oversold levels, I remain
For a while, it has felt as though U.S. equities have been immune to the Covid-19 outbreak. That thesis was dealt a blow Thursday. The major domestic benchmarks slumped as global investors grew pensive that the epidemic will weigh on earnings. Source: Provided by Finviz The S&P 500 slipped 0.38%. The Dow Jones Industrial Average
The last time I weighed in on Intel (NASDAQ:INTC), I said, “It’s best to avoid INTC stock for now, and look to by on a pullback.” That was on Nov. 27, 2019, as it traded at $58.22. Source: Thanes.Op / Shutterstock.com Shortly after, Intel did, in fact, pull back slightly to $55.80 before running up
A Deere & Co. John Deere 9560 combine harvester unloads soft red winter (SRW) wheat during a harvest in the village of Kirkland in Dekalb, Illinois, July 9, 2018. Daniel Acker | Bloomberg | Getty Images Shares of Deere spiked Friday morning after the agriculture company topped estimates for its fiscal first quarter and said
Tonight on Sunday Night Stock Charts Live we discuss the indicators which imply that we may be moving towards recession. ✅15 Minute Live-Stream Alert List! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s
In Best Stock Charts this week we discuss Bob’s stock market predictions which have come true during his interview on TrendSpider on February 09, 2020 ✅Sunday Night Futures Live! Sunday February 23, 2020 6pm EST Click Here…….. https://youtu.be/WMrYtgab1JQ ✅ Full Webinar February 09, 2020 https://app.livestorm.co/trendspider/trendspider-sunday-chart-show-with-guest-bob-desmond/live?s=c5372527-8300-45a2-8791-ce40f4be7a0d#/chat ✅Get a 15 Minute Live-Stream Alert Sent To Your Inbox (we hate
L Brands (NYSE:LB), once the premier name in women’s retail, is now just Bath & Body Works. Source: mysirikwan / Shutterstock.com The company has sold 55% of its Victoria’s Secret brand to private equity, valuing it at $1.1 billion. The cash will help pay down debt that stood at over $5.7 billion at the end
It was an interesting session in the stock market today. U.S. equities were moving higher in morning trade, as investors looked for another new all-time high in the S&P 500. Within less than a one-hour span though, equities fell off the table. Indices dropped by more than 1% in mid-day trading, with the drop thrusting
There are two advantages to restaurant stocks in good times. The first is that people have more money to spend, so going out to eat isn’t just reserved for special occasions. When times are tight, though, people tend to forego the “luxury” of dining out and buy nicer cuts of meat or brand-name goods at
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions
When investors buy stocks for the long haul, the holding period is ideally forever. But that is not always possible. Valuations may reach unfavorable levels or fundamentals may worsen. When that happens, investors need to re-evaluate the company’s long-term prospects. One of the quickest negative catalysts that will accelerate a blue chip’s safe-haven status is
Stocks are under pressure on Friday, falling as coronavirus worries continue to weigh on equities and drive up safe-haven plays. That said, here’s a look at some top stock trades for next week. Top Stock Trades for Tomorrow No. 1: Slack (WORK) Slack (NYSE:WORK) is up more than 2% on the day, despite jumping more
It’s been a rough year for the Finnish telecommunications company Nokia (NYSE:NOK). In 2019, NOK stock lost roughly 35% of its value due to the company’s disappointing revenue guidance. Source: RistoH / Shutterstock.com Nokia also suspended its dividend so it could focus more on investing in 5G networks. That was probably the right decision from