Check out the companies making headlines before the bell: CVS Health (CVS) – The drug store operator and pharmacy benefits manager saw its shares rise 3.8% in the premarket after beating top- and bottom-line estimates and raising its full-year earnings forecast. Results were helped by strong sales of over-the-counter Covid-19 tests as well as an
While concerns like inflation, interest rates, and a possible recession continue to challenge stocks, that doesn’t mean you should be sitting on the sidelines. Rather, you should be still active in the markets, focusing on high quality, resilient names, that can ride out any additional uncertainty that may arise. For instance, with these consumer stocks
Headquartered in San Francisco, Lyft (NASDAQ:LYFT) is an American ride-share business. Not only is the company reducing its workforce, but Lyft is also shutting down its business segment that rents cars to riders. Plus, an analyst recently provided a warning about LYFT stock as inflation-related headwinds could weigh on the company’s bottom line. Inflation is a concern
Last week the Federal Reserve hiked its benchmark interest rate by 0.75%. With inflation exploding higher, the Fed has, since February, pushed the rate from effectively zero percent to a current target of 2.25% to 2.50%. You may have heard or read that these higher rates are a stiff headwind for tech company growth and
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in extended trading. Match Group — Shares of the dating app operator tumbled as much as 23% after the company reported revenue of $795 million for the second quarter, compared with
[embedded content] All over the world, we’re hitting new hottest-on-record temperatures. And it’s really straining the energy grid. And we need to reinvent the wheel on how we produce, store, and distribute energy. More people than ever are using more energy than ever, so we are in dire need of solutions. I believe they don’t
[Editor’s note: “4 EV Stocks to Sell Before the Great EV Consolidation Kills Them” was previously published in June 2022. It has since been updated to include the most relevant information available.] Back in June, reports of electric van maker Electric Last Mile Solutions’ (ELMS) bankruptcy filing flew under the market news radar. Electric Last
Steward Partners Investment Advisory LLC decreased its holdings in Western Digital Co. (NASDAQ:WDC – Get Rating) by 77.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,756 shares of the data storage provider’s stock after selling 6,054 shares during the
On today’s show I talk to software engineer and Bitcoin core developer, Jimmy Song. Jimmy covers a wide range of topics on how software is developed, deployed, and updated into the protocol. He also cover’s risks and concerns that many users of the protocol often voice. IN THIS EPISODE, YOU’LL LEARN: – How are Bitcoin
In this article UBER TAP CAT An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines in midday trading Tuesday. Uber Technologies — Uber shares popped 17.6% after the ride-hailing giant reported a quarterly revenue that beat analyst expectations.
The electric vehicle boom is only set to accelerate, which makes now a great time to look for electric vehicle stocks trading at a discount. Global leaders are demanding millions of EV on the roads in an effort to reduce emissions. The U.S. wants to reduce emissions by 52%. Europe is targeting 55%. China even says
In the July policy meeting, the Federal Reserve raised its benchmark interest rate by another 0.75 percentage point to tame the multi-decade high inflation. Moreover, the U.S. economy contracted for two consecutive quarters, with GDP declining 0.9% in the second quarter, fueling recession concerns. Mayor Eric Adams said that the U.S. has entered into a recession and “Wall Street is collapsing,”
Source: NYSE Check out the companies making headlines after the bell: Pinterest — Shares of the image-sharing company popped more than 19% despite a miss on the top and bottom lines as activist investor Elliott Management revealed it is now the largest investor. The company also beat monthly active user estimates. Simon Property Group —
During the pandemic, many Americans got pets to keep them company when the lockdowns forced people to stay at home. Surveys and common sense indicate that most people will keep their new pets. With pets having become an integral part of millions of more American families, many companies are benefiting financially. Investors can hop on
Ascendis Pharma A/S (NASDAQ:ASND – Get Rating) and Vaccinex (NASDAQ:VCNX – Get Rating) are both medical companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, dividends, risk, institutional ownership, earnings, analyst recommendations and profitability. Volatility & Risk Ascendis Pharma A/S has a beta of
On today’s episode, Preston and Stig talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion, Dr. Smith talks about the current market conditions and which industries might perform the best for the rest of 2018. IN THIS EPISODE, YOU’LL
Iron Condors, typically, are balanced. A reason where you might want to have an unbalanced Iron Condor is to be more versatile with how the market might move — bearish or bullish. In this video, you will learn three different ways on how to create an unbalanced Iron Condors. Understand how Iron Condors really work
In this article 9866-HK AMD GPN CHKP Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters Check out the companies making headlines in midday
Real estate investment trusts, or REITs, are companies that own income-producing property. They are attractive investments because they must distribute a minimum of 90% of their taxable profits as dividends to investors. Investing in REITs will make your portfolio more diverse. Each REIT has a different investment focus, ranging from office buildings and shopping malls
IFM Investors Pty Ltd grew its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM – Get Rating) by 19.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 177,701 shares of the wireless technology company’s stock after buying an additional 28,711 shares during the quarter.