- S&P Futures2,934.000.00%
- Dow Futures26,721.00+0.09%
- Nasdaq Futures7,583.00+0.04%
- Russell 20001,720.18+1.01%
- Crude Oil70.89+0.81%
- Gold1,208.90-0.20%
- Silver14.38+0.52%
- EUR/USD1.18-0.13%
- 10-Yr Bond3.08-0.16%
- Vix11.96+1.79%
- GBP/USD1.32-0.86%
- USD/JPY112.71+0.20%
- BTC-USD6,739.24+3.59%
- FTSE 1007,442.54+1.02%
- Nikkei 22523,869.93+0.82%
- Bloomberg•20 hours ago
Friday Is Going to Be a Huge Day for Stock Traders
Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” -- when futures and options on indexes and individual stocks expire.
- Business Insider•20 hours ago
The Canadian cannabis producer that was in talks with Coca-Cola to make a CBD-infused drink is reportedly targeting a US IPO in October
Aurora Cannabis is planning for a US initial public offering in October, the company's chief corporate officer said. The Canadian cannabis producer was reportedly in talks with Coca-Cola to make a CBD-infused drink. Marijuana stocks have been red-hot as of late.
- MarketWatch•16 hours ago
United Natural Foods stock tanks as company misses quarterly expectations
Shares of United Natural Foods Inc. (unfi) fell more than 10% in the extended session Thursday after the company reported fiscal fourth-quarter per-share earnings that missed Wall Street views. United Natural said it earned $33 million, or 64 cents a share, in the quarter, compared with $39 million, or 76 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 76 cents a share, compared with 72 cents a share a year ago.
- Bloomberg•16 hours ago
Micron Forecast Triggers Concern That Best of Rally Is Over
Micron Technology Inc., the largest U.S. maker of memory chips, gave a revenue forecast that fell short of analysts’ estimates, adding to concern that a two-year surge in demand for its products is fading. Analysts predicted, on average, $8.45 billion, according to data compiled by Bloomberg. Chief Executive Officer Sanjay Mehrotra said underlying demand for memory chips remains strong and near-term fluctuations don’t herald a broad-based downturn.
- InvestorPlace•2 days ago
5 Dividend Stocks With 50-Plus Years of Annual Dividend Hikes
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. Many of these stocks also maintain a dividend yield above the S&P average of 1.9%. Such dividend stocks will likely not appeal to growth-oriented investors.
Business Insider•23 hours agoA former exec at Google and Facebook doesn't just expect job candidates to negotiate their offer — she hopes they will
Libby Leffler, a former Facebook executive and Google employee, is now the vice president of membership at SoFi. Leffler said she always expects job candidates to negotiate their job offer because it shows how they'll behave once they get hired. Negotiating a job offer is a notoriously harrowing process, especially if you've never done it before and assume the world will explode if you request a dollar more.
Business Insider•21 hours agoA $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis' (RIV)
Canopy Rivers, the venture-capital arm of Canopy Growth, made its debut on the Toronto Stock Exchange Thursday morning at $18.44 per share. The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the "Google Ventures of cannabis," found its way onto the exchange via a reverse takeover with a company formerly known as AIM2 Ventures.
- MarketWatch•52 minutes ago
These Dow Jones Industrial Average stocks have been left behind as the index hits a record
DEEP DIVE The Dow Jones Industrial Average (DJIA) rose to an intraday high Thursday, closing with a 1% gain. The S&P 500 Index (SPX) was up 0.8% after setting another intraday record, following the latest round of good economic
- Bloomberg Video•15 hours ago
What Micron's Earnings Report Signals About the Semiconductor Industry
Sep.20 -- Bloomberg Intelligence's Anand Srinivasan discusses Micron Technology Inc.'s fourth-quarter earnings with Bloomberg's Joe Weisenthal, Scarlet Fu and Caroline Hyde on "Bloomberg Markets: What'd You Miss?"
- Associated Press•16 hours ago
Under Armour, Herman Miller rise; Red Hat, Stitch Fix fall
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday: Under Armour Inc., up $1.24 to $20 The athletic gear maker raised its profit forecast and said it will cut 400 jobs.
- Zacks•14 hours ago
General Motors (GM) Outpaces Stock Market Gains: What You Should Know
This change outpaced the S&P 500's 0.78% gain on the day. Heading into today, shares of the automaker had lost 1.11% over the past month, lagging the Auto-Tires-Trucks sector's gain of 1.76% and the S&P 500's gain of 2.17% in that time. GM will be looking to display strength as it nears its next earnings release, which is expected to be October 23, 2018.
- Investopedia•18 hours ago
Why Big Bank Stocks Are Ready To Rebound
Bank stocks have had a rough 2018 so far, but Oppenheimer is expecting strong third quarter earnings reports to spark an upsurge in their share prices, Barron's reports. Banks’ earnings fundamentals are "more solid than any time in the 33 years we have been covering the space, but the perception that the earnings power of these companies is fragile persists," writes Chris Kotowski, senior analyst for large cap banks and brokerage firms at Oppenheimer, as quoted by Barron's. He adds that capital levels are high and loan delinquencies are low, on "altogether better planes than they have ever been before." Another positive is good expense control, with bank expenses up only about 2%, Barron's adds. The KBW Nasdaq Bank Index is trailing the S&P 500 Index (SPX) by a wide margin year-to-date, as are 5 of the 6 largest U.S. banks, Bank of America Corp. ( BAC), Citigroup Inc. ( C), Goldman Sachs Group Inc. ( GS), Morgan Stanley ( MS) and Wells Fargo & Co. ( WFC).
Business Insider•18 hours agoMillennials are snapping up the 'Tesla of China' since its IPO (NIO)
Millennial investors have been pilling into Nio, the Tesla of China, shares since its US initial public offering last week. Nio shares have gained 46% since their IPO, and is the 29th most held stock on Robinhood. Nio — the Tencent-backed electric-car startup widely seen as the Tesla of China — has become a darling for investors on the stock-trading app Robinhood, a no-fee brokerage popular among younger traders.
- Bloomberg Video•yesterday
Weed Stock Tilray Gains 94% Then Loses It All in Minutes
Sep.19 -- For U.S. marijuana company Tilray, it was double - then nothing. The stock rocketed 94% on CEO Brendan Kennedy's comments, only to see all that gain go up in smoke less than an hour later. Ramy Inocencio explains the highs, lows and last-minute 40% rebound on "Bloomberg Daybreak: Asia."
Business Insider•18 hours agoThe marijuana investing boom has caused a small drink-maker's stock to triple in less than a week (NBEV)
New Age Beverages' stock has tripled this week after announcing a CBD beverage amid a rally in pot stocks. The news came as rumours swirled around Coca-Cola's potential entry into the space. New Age Beverages, a small Colorado-based company, is no exception.
- Associated Press•16 hours ago
Micron: Fiscal 4Q Earnings Snapshot
BOISE, Idaho (AP) _ Micron Technology Inc. (MU) on Thursday reported fiscal fourth-quarter earnings of $4.33 billion. On a per-share basis, the Boise, Idaho-based company said it had net income of $3.56. Earnings,
- MarketWatch•1 hour ago
Eventbrite IPO: 6 things to know about the ticketing company
Despite its controversies, Ticketmaster-parent Live Nation Entertainment Inc. has been a winning stock over the past few years. The very things that make the company controversial — high ticket fees and a stronghold on event venues — have helped the company deliver impressive results quarter after quarter. Eventbrite Inc. (EB) priced its initial public offering at $23, the high end of its $21 to $23 range, selling 10 million shares to raise $230 million.
- Zacks•15 hours ago
Micron (MU) Beats on Top & Bottom Lines, Shares Up
American memory and storage tech firm Micron MU has released fiscal Q4 2018 (ended August) earnings after Thursday's closing bell, with typically positive results: earnings of $3.53 per share easily beat the Zacks consensus of $3.32, with year-over-year earnings growth up 75%. Quarterly sales posted $8.44 billion, which is not only well above the estimated $8.25 billion but even higher than the top on the previously guided revenue range of $8.4 billion. In terms of earnings results, this marks the 13th straight positive surprise -- you need to go back to fiscal Q3 2015 for the last time Micron missed expectations.
Associated Press•6 hours agoIt's high times for soaring marijuana stocks on Wall Street
Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Billions of dollars have poured into the stocks in the last few months, and investors smell green (money, not leaves) in the air as they consider the opportunities these companies might have as the marijuana market in Canada grows, along with the possibility that the U.S. and other countries could follow suit.
InvestorPlace•23 hours agoKeep Making Money in Advanced Micro Devices
Advanced Micro Devices (NASDAQ:AMD) is a momentum stock for the ages. Since carving out a low of $9.04 on April 4, AMD stock has risen an astronomic 254%. While still a far cry from the insanity of Tilray (NASDAQ:TLRY) stock’s rocket ship ride, Advanced Micro Devices deserves your attention.
- InvestorPlace•19 hours ago
Why It’s Time to Unload Facebook Stock
Facebook’s (NASDAQ:FB) second-quarter earnings showed that the company’s multiple headwinds are clearly weighing on its results and outlook. Consequently, Facebook stock fell sharply in the wake of the results. Since these stiff headwinds are unlikely to ease any time soon, investors should avoid owning Facebook stock.
- Bloomberg•13 hours ago
Chip Stock Anxieties Revived After Micron Sales View Falls Short
Semiconductor stocks appear poised to extend September’s losing streak on Friday after a disappointing revenue forecast from Micron Technology Inc. is reviving fears about demand.Micron, the largest U.S. memory chipmaker, sank 7 percent in extended trading
- MarketWatch•17 hours ago
Micron stock options show traders are bracing for a big rally—or a selloff
Traders of Micron Technology Inc. stock options are ready for a bigger-than-usual move in the stock, in either direction, after the memory chip company reports earnings after Thursday’s closing bell. The stock (MU)rallied 2.8% in afteroon trade Thursday, but has tumbled 12% just this month, while a popular chip maker index, the PHLX Semiconductor Index (SOX) has slipped 0.8% in September, and the S&P 500 index (SPX)has edged up 1.1%. Don’t miss: Micron earnings: After a quarter of debate, how bad has the memory market gotten?
- MarketWatch•22 hours ago
Micron stock gains ahead of crucial earnings report
Shares of Micron Technology Inc. (mu) are up 4.3% in Thursday morning trading, ahead of the company's crucial fiscal fourth-quarter earnings report. Micron will deliver results after market close, following weeks of speculation as to the state of memory pricing and demand. Mizuho's Vijay Rakesh wrote early Thursday that he expects "a solid quarter" and forecast.
- Zacks•23 hours ago
Do Options Traders Know Something About Electronic Arts (EA) Stock We Don't?
Investors in Electronic Arts Inc. EA need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
