Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines midday Monday: Las Vegas Sands, Kohl’s, Gap, MGM Resorts — These stocks all rose sharply as hopes
In a time of pandemic, stocks that are good for their dividend are shelter from the storm. Verizon Communications (NYSE:VZ) stock is such a shelter. Source: Ken Wolter / Shutterstock.com Its first-quarter report offered earnings of $1 per share, and cash flow of $8.8 billion, on revenue of $21.8 billion. That’s more than enough to justify
Brent is different than WTI- Landlocked Oil The May NYMEX contract taught us a lesson for options risk June- wild swings likely- the upside would be the biggest shock Crude oil was the first shoe to drop in markets as the price of the energy commodity reached its high for 2020 on January 8 and
At the start of the year, Royal Caribbean (NYSE:RCL) stock was fetching $135 per share. But that was essentially another era. Yesterday RCL stock closed at $36.88 after rallying since early April. Its market capitalization currently stands at $7.7 billion. Source: Laszlo Halasi / Shutterstock.com It’s true that the company has drawn on a $2.2
Activision Blizzard (NASDAQ:ATVI) stock has long been one of the best ways to profit from the rise of the video gaming industry. And that trend is enjoying a huge acceleration now. Source: madamF / Shutterstock.com In fact, thanks to the novel coronavirus, investors have been flocking into the so-called “SIP trades.” These are the stocks
Geology is the study of pressure and time. That’s all it takes really… pressure… and time. Red Redding “The Shawshank Redemption” Pressure. Time. And a big gosh darn supertanker. Apologies for altering one of Morgan Freeman’s most famous lines in movies, but it had to be done to fit the oil drama that’s playing out
Chipotle Mexican Grill is a chain of restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in Mission burritos and tacos. Roberto Machado Noa | LightRocket | Getty Images Check out the companies making headlines in midday trading. Chipotle — Shares of the Mexican restaurant chain rose nearly 10% following its strong
Stocks started Thursday off in impressive fashion, but that strength wilted throughout the day as market participants digested more bad economic data and headlines and reports that novel coronavirus cases are rising in Texas and that nearly 14% of New Yorkers carry symptoms of the illness. Those are the second- and fourth-largest states, respectively. Source:
With the global economy in a recession and China-U.S. tensions at all-time highs, now is not a good time to be exposed to higher-end smartphones. As a result, investors should sell Qualcomm (NASDAQ:QCOM) before Qualcomm stock follows Apple down. Source: jejim / Shutterstock.com In a column published on Mar. 13, I contended that “Apple (NASDAQ:AAPL)
Netflix (NASDAQ:NFLX) stock is coming off record highs and just issued quarterly earnings that show skyrocketing subscriber growth. You’d think that’s a recipe for the bullish rally to continue, right? Source: vesperstock / Shutterstock.com Not so fast. There are actually a lot of contrarians out there who pushed Netflix stock down following its April 21
Equinor’s Johan Sverdrup oil field depicted in August 2019. Lundin Petroleum received its first oil from Phase 1 of the Johan Sverdrup field in early October. Ole Jørgen Bratland | Equinor Press Images Norway’s Equinor announced Thursday it will cut its quarterly dividend payment to shareholders by two-thirds, potentially paving the way for other oil
CSX freight lines run through center city Philadelphia Paul Marotta | Getty Images Check out the companies making headlines after the bell. CSX — The transportation company’s stock rose 2% in extended trading after the company reported first-quarter earnings. CSK reported earnings of $1.00 per share, while analysts expected 94 cents per share, according to
Tonight Sunday Night Stock Market Live we will discuss if the stock market will continue to breakdown or will the stock market rally? Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will become worse or has the stock market seen a bottom? The charting platforms that will
After a slow start, bulls got to work in the stock market today. The S&P 500 closed higher by 1.39%, although it still ended the week lower by about 1%. Investors had to digest quite a few earnings reports this week, but it seemingly pales in comparison to the number of reports scheduled for next
When oil services giant Halliburton (NYSE:HAL) reported its first-quarter results on Monday, the share price shot up by about 15% to $7.94. But unfortunately, this was little comfort for longer-term shareholders. Consider that – a year ago – Halliburton stock was at $31 or so. Source: Casimiro PT / Shutterstock.com OK then, so let’s take
If you want to find a way to profit off how the novel coronavirus is changing our future society, one place you should be looking to is streaming media stocks. That’s where Roku (NASDAQ:ROKU) stock comes into play. Source: jejim / Shutterstock.com As most of us are living under stay-at-home orders and social distancing during
Fuel prices are displayed at a Phillips 66 gas station in Princeton, Illinois, U.S., on Wednesday, April 1, 2020. Daniel Acker | Bloomberg | Getty Images Some millennial investors have been duped by a complex oil ETF that is struggling to stay alive. Traders on Robinhood and SoFi Invest flocked to buy the United States
Eddie Rodriguez (R) and other City of Hialeah employees hand out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle | Getty Images Another 4.3 million workers are expected to have filed state unemployment claims last week, bringing the total
It was a strong end to the week, though the S&P 500 was still on track for a weekly loss, as oil rallied again and tech stocks drove the major equity averages higher on Friday. Source: Provided by Finviz The S&P 500 added 1.39% The Dow Jones Industrial Average advanced 1.09% The Nasdaq Composite climbed 1.65%
There’s a narrative surrounding Rite Aid (NYSE:RAD) stock that I don’t completely agree with. According to that narrative, RAD stock is a ‘cheap’ bet on a potential turnaround under new management. Source: Jonathan Weiss / Shutterstock.com That’s true as far as it goes. Heyward Donigan took over as chief executive officer in August. Rite Aid