Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic soared 20.5% in premarket trading after it held a successful test flight over the weekend of its SpaceShipTwo craft. Virgin’s first manned space flight in more than two years successfully reached space 50 minutes after takeoff from
Alibaba Group Holding (NASDAQ:BABA) is going through what some wags call its “Cambridge Analytica moment.” Source: testing / Shutterstock.com They mean that like Facebook (NASDAQ:FB) before it, Alibaba has been caught in a scandal involving how it uses data. China’s government is cracking down on its “Cloud Emperors.” The company even suffered a loss in
A few weeks ago, I noted that Adam Aron, the CEO of movie-theater chain AMC Entertainment (NYSE:AMC), is making some unusual decisions. I’m not looking to offend AMC stock holders — but when combined with AMC’s first-quarter underperformance, Aron’s actions may not bode well for the stock. Source: QualityHD / Shutterstock.com During a recent conference
Much of the time, I suspect, analysts who give a bearish take on a particular company do so because they have some level of disdain for it, no matter how minor. But that’s not the case with Novavax (NASDAQ:NVAX). After an initial hesitation for the investment narrative around NVAX stock, I’ve supported its bullish thesis.
A trader works the floor of the New York Stock Exchange (NYSE) in New York. Yana Paskova | Bloomberg | Getty Images Payments company Square rose more than 5% in afternoon trading Monday after Bloomberg News reported the payments company could offer savings and checking accounts in the near future. The report said a code
Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Thematic tech is seeing big price declines, but most investors are not bailing out. It’s been a brutal year for the formerly red-hot investment darling, “thematic tech” investing, a catch-all phrase for emerging tech sub-sectors like Cathie Wood’s Ark funds, clean
In this article MRNA HPQ DG AMC SPCE NCLH BYND Patties of Beyond Meat Inc.’s plant-based burger Beyond Burger are cooked on a skillet. Yuriko Nakao | Getty Images Check out the companies making headlines in midday trading. Beyond Meat — Shares of the alternative meat company surged around 10% after Bernstein double upgraded the
Editor’s Note: This article is a part of our “Top Grad Stocks 2021” series, where our savvy market analysts recommend their best picks for new graduates’ portfolios. Check out “Money Moves for Recent Grads” for more finance advice and click here to see more stocks for your must-buy list. Source: Ken Wolter / Shutterstock.com With most colleges having concluded the school year
Rocket Companies (NYSE:RKT) reported great earnings for first-quarter 2021 on May 5, but the market doesn’t care about historical numbers. It looks to the future. And rates are rising, Rocket mortgage margins are compressing. As a result, its earnings outlook is cloudier. RKT stock is going to rise in this kind of environment. Source: Lori
Throughout the last year after its initial public offering, Rocket Companies (NYSE:RKT) stock trended in the $20 – $21.50 range. RKT stock peaking on March 2 is an exception. Shares reached $41.10, albeit for less than a day, after the company issued a special dividend. Source: Lori Butcher / Shutterstock.com The announcement squeezed short sellers,
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: http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW
Market order Think of a market order as paying the market price when buying or really selling a stock, meaning you would pay whatever price is necessary to get your shares. Limit order When it comes to a limit order, you get to specify the price you want to pay for the stock. You get
On Monday, Dec. 21, 2020, Congress approved a 5,593-page, $2.3 trillion funding package consisting of a $900 billion end-of-the-year COVID-19 stimulus bill attached to a $1.4 trillion omnibus spending bill to fund the government through Sep. 30, 2021. After a delay, former President Donald Trump signed the bill on Sunday, Dec. 27. This bill, known
Kevin Matras shows how to minimize your risk when buying options.
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target earned $3.69 per share for the first quarter, well above the $2.25 a share consensus estimate, with revenue also above analysts’ projections. Comparable-store sales surged 22.9%, more than double the forecast of analysts surveyed by FactSet. Target shares jumped
It has been a difficult couple of weeks for Tesla (NASDAQ:TSLA) investors. TSLA stock is down 35% from a 52-week high of $900. In the past month, shares have declined 21%, underperforming the S&P 500, which is flat over the same period. Market jitters aside, it’s clear the on again, off again short call on
Mortgage originator Rocket Companies (NYSE:RKT) has seen its shares decline in the middle of an otherwise red-hot housing market. The valuation on RKT stock, down more than 24% in the last three weeks, has now actually become quite reasonable. However… Source: Lori Butcher / Shutterstock.com Existing home sales fell 2.7% in April to a yearly
A delivery person for Doordash rides his bike in the rain during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., November 13, 2020. Carlo Allegri | Reuters The U.S. economy is in the process of reopening, but going forward, the long-term picture is anything but clear. Investors
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares surged 14.1% in the premarket after the space travel company said the next test flight of its SpaceShipTwo Unity will occur on May 22. Virgin Galactic said a maintenance review on VMS Eve – the mothership
One of the least favorite federal agencies, the Internal Revenue Service (IRS) is not known for its friendly posture. Nevertheless, let’s give credit where it’s due. The IRS had the good sense to know that many Americans were hurting. Therefore, it decided to extend its tax filing deadline to May 17. If you’re a procrastinator,