Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Slack — Shares of Slack tanked 14% after its quarter results showed steady growth instead of an expected boost from the coronavirus. Although it beat on full-year guidance, the team communications software company’s revenue growth came in below 50%
Alongside the rest of the tech sector, shares of freshly public Vroom (NASDAQ:VRM) have taken a nose dive recently, with Vroom stock falling as much as 30% in a matter of days. Source: Lori Butcher / Shutterstock.com But guess what? Vroom is still pioneering a new era of online car buying and selling. The company
In Best Stock Charts This week we discuss profits taken in our Public Storage $PSA trade. New trades that we are looking at are $ICE $USCR $GOOS $UNP and $BWA. ✅Get Alerted 15 Minutes Prior To Going Live! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ================================================= Partner Discounts
Genius Brands International (NASDAQ:GNUS) is down over 38% in the past month. In fact, since July 22, GNUS stock has dropped 46% from $1.93 to $1.04. I had warned investors then that the stock was likely to fall in my article “Beware Shareholder Dilution With Genius Brands Stock.” Source: Syda Productions/ShutterStock.com At the time I
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett JPMorgan Chase thinks it’s found the next hot market for investors: Taking stakes
Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with the 10 cents expected by analysts polled by Refinitiv. Sales surged 172% during the quarter
2020 has added several new terms, such as “social distancing” to our daily vocabulary. Therefore, let’s look at five hot stocks to buy that are still profiting from social distancing. Recent research led by Jean-Noel Barrot of HEC Paris highlights the following: “The global health crisis caused by the outbreak of the Covid-19 virus has led
The stock market ended a tough holiday-shortened trading week, as volatility continues to creep back into the market. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Peloton (PTON) Peloton (NASDAQ:PTON) reported a stellar quarter, but it wasn’t enough to bid shares
For United Airlines (NASDAQ:UAL) stock, the bad news just keeps coming in 2020. Source: NextNewMedia / Shutterstock.com The stock was already down a whopping 56% year-to-date because of the novel coronavirus and its debilitating effect on the airline industry. Then, on Wednesday, United announced that the company’s long, slow recovery will be longer and slower
An antenna for a satellite ground station Amazon Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company’s cloud computing network, according to documents the company filed with the Federal Communications Commission last month The effort shows how the two largest providers of cloud infrastructure — data centers in
Federal Reserve Chairman Jerome Powell, wearing a face mask, testifies before the House of Representatives Financial Services Committee during a hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), on Capitol Hill in Washington, U.S., June 30, 2020. Tasos Katopodis | Reuters Markets are looking
On Tuesday, Aurora Cannabis (NYSE:ACB) announced a potentially massive 1.8 billion CAD ($1.37 billion) write-down for Q4. Simultaneously, the Canadian marijuana company announced it has chosen a new CEO, its Chief Commercial Officer Miguel Martin. The market reacted with shock, sending ACB stock down 12% before recovering. Source: Shutterstock But it’s a trick that other companies
I may have gotten into Bank of America (NYSE:BAC) stock a little early last month. Source: Jonathan Weiss / Shutterstock.com Bank stocks are still in bad odor because money remains free. The Federal Reserve has said it will pour money into the economy even if inflation rises. A three-month Treasury bill now yields .13%, a
Is now the time to “buy the dip” in Nio (NYSE:NIO) stock? Not so fast! Earlier this year, the Chinese electric vehicle (EV) maker seemed headed for disaster. But,a partnership deal with a Chinese municipality put bankruptcy concerns to rest. Add in the mania in EV stocks driven by Tesla (NASDAQ:TSLA), and this stock has
CNBC’s Jim Cramer on Thursday praised the appointment of Jane Fraser as the next chief executive office of Citigroup, making her the first woman to lead a U.S. megabank. “The glass ceiling in banking maybe is finally cracking,” Cramer said on “Squawk on the Street.” Citi is the third-largest U.S. bank by assets. Fraser is set to
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton earned 27 cents per share for its latest quarter, compared to the consensus estimate of 10 cents a share. The exercise equipment maker’s revenue also topped expectations. The profit was Peloton’s first ever, with revenue nearly tripling on the
When it comes to the topic of election stocks to buy, I have generally suggested that you should consider companies that will do well under President Donald Trump’s second term. At this, I’m often met with incredulousness. How could this relic of a bygone era win in this fractured period? Quite often, I respond back
The market expected a 56 bcf injection into storage Natural gas backs off from the recent high Support levels rise, but bearish speculators could return to the market Now that the Labor Day holiday has passed, the markets turn their focus to the fall and winter seasons. In the world of commodities, seasonality is a
In today’s episode of let’s talk stocks, we are going to take a look at the basics behind calendar spreads. I going to show you how they work, as well as how you can make money and profit from them in the market place. #calendarspreads #optionstrategy #thetadecay #marketplace #tradingcalendar Posted at: https://tradersfly.com/blog/options-calendar-spread-ep-209/ ? GET MY
While stocks raced higher in the opening few minutes of trading, equities faded hard in the afternoon. With that in mind, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Penn National Gaming (PENN) Penn National Gaming (NASDAQ:PENN) has been a beast, emphasized by Thursday’s 7.4% pop