Could industrial giant General Electric (NYSE:GE) be the “comeback kid” even though it’s an old company? For years, GE stock holders have looked to CEO Larry Culp in hopes of an epic comeback for this American manufacturing icon. Source: JPstock/Shutterstock.com Part of Culp’s plan has been to streamline General Electric, focusing on the aviation segment and
I’ll continue to be bearish regarding Sundial Growers (NASDAQ:SNDL) stock until it shows investors something positive. Recent earnings only make the situation bleaker and bleaker. Source: Shutterstock And while acquisition news seems appropriate and strategically logical, the results have yet to be seen. The Lone Positive is False Hope Earnings releases should always be taken
Durham, North Carolina-based medical device business Asensus Surgical (NYSEAMERICAN:ASXC) had an eventful first quarter of 2021. So did the folks who held ASXC stock, as it was a wild three months. Source: Dmytro Zinkevych / Shutterstock.com As we’ll see, there was a massive surge in the share price, followed by a sharp retracement. At the
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America said it is raising the minimum hourly wage it pays employees to $25 by the year 2025. The firm, which made the announcement Tuesday in a release, had just completed a plan last year to get to a $20 minimum wage. The
A banner for Snowflake is displayed on its IPO day at the New York Stock Exchange on September 16, 2020. It was the largest software IPO in history and was one of eight CNBC 2020 Disruptor 50 companies to go public, and more Disruptor deals are coming soon. Brendan McDermid | Reuters Check out the
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Bed Bath & Beyond Inc., GoPro Inc., and Nike Inc. After Wednesday’s closing bell, Bed Bath & Beyond BBBY, +3.24% reported quarterly earnings that fell short of analysts’ estimate. Shares fell 5.7% in after hours.
Online entertainment platform Roblox (NYSE:RBLX) offers gamers an immersive virtual world and an escape from reality for a while. The game has maintained strong appeal during the Covid-19 pandemic, and as a result, RBLX stock holders have enjoyed fairly strong returns. Source: Miguel Lagoa / Shutterstock.com Soon after the stock became publicly available for trading, I
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we learned the importance of stock volume. Although volume won’t help intelligent investors learn the intrinsic value of
You may have heard of the term “short squeeze” in the past – but didn’t know what it meant. I’m here to tell you what it is and how you can capitalize and profit from a short squeeze. What is a short squeeze? There are two players in the market. There are the “longs” and
Kevin Matras talks about delta and how it can help you decide
Running for president of the United States is an expensive proposition. In the 2012 presidential campaign, winning candidate Barack Obama and Mitt Romney each spent over $1 billion, in what was the most expensive presidential election ever at the time. In 2016, the overall cost of the White House race—spending by all the candidates— totaled
In this article FSR AON KODK Henrik Fisker (R) greets an attendee in front of his Fisker Ocean SUV, January 7, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Check out the companies making headlines after the bell on Monday: Fisker — Fisker shares
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are DuPont, Nike Inc., and KB Home. DuPont DD, -1.62% : The chemical company late Thursday cut its second-quarter and full year profit outlook due to worse-than-expected performance of its agriculture unit. Shares fell 1.9% in extended
Have you ever watched the cheering crowds at an Ultimate Fighting Championship (UFC) event and wondered if you could invest in the company? Well, now you can (indirectly, at least) as UFC parent company Endeavor Group (NYSE:EDR) recently had its initial public offering (IPO) of EDR stock. Source: A.RICARDO/Shutterstock.com As we’ll see, the shares have
Lordstown Motors (NASDAQ:RIDE) reported its earnings for 2020 on March 17, showing that it lost $101 million and had just $630 million in cash. It is going to need another cash raise fairly soon within the next year. That is going to hurt RIDE stock even further as if there wasn’t already enough bad news.
A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Goldman Sachs has formally kicked off the cryptocurrency trading era on Wall Street. The bank informed its markets personnel on Thursday that a newly created cryptocurrency trading desk had successfully traded two kinds of
SEC Chairman Gary Gensler told CNBC on Friday the agency is looking into how commission-free retail brokerage apps encourage more stock trading and then make money off m the execution of those trades. “There is a little bit of a conflict of interest,” Gensler said on “Squawk Box,” one day after testifying about this issue
Server Nioka Mantilla arranges items in the buffet at the DoubleTree by Hilton Hotel on Penn Street in Reading, Pennsylvania, Friday morning May 7, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images The stunningly disappointing April jobs report shouldn’t be taken as an indictment against the fast-moving economic recovery but shouldn’t
Harley Finkelstein, COO, Shopify Scott Mlyn | CNBC Investors should take note when an analyst becomes bullish on a stock after standing on the sidelines. It could signal the name is undervalued and poised for long-term growth. The stocks highlighted below have just been upgraded to Buy. As for the analysts handing out these upgrades,
Cathie Wood Source: CNBC Cathie Wood’s flagship fund Ark Innovation hit its lowest point of the year on Monday amid further selling in innovation stocks. Ark Innovation‘s drop of as much as 5% on Monday dragged the “disruptive innovation” ETF below its February low, a level that many investors are watching as a barometer for