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The stock market isn't the right place for New Year's resolutions. Always focus on the long term for the best results.
General Electric explores the potential for 100% hydrogen fuel. Hydrogen fuel stock investors rejoice.
Nio (NYSE: NIO) stock soared this morning and was trading up a solid 9% at 10:20 a.m. ET. Nio's latest expansion plans are reassuring investors about the company's growth potential even as they realize Nio's stock price may not be hit too hard if the company makes a bold move similar to the one a Chinese stock made today. Aside from its domestic market, China, the only other market Nio has entered so far is Norway, where it first launched its SUV, ES8, in September and opened a Nio House in October last year.
Costco Wholesale Corp. brought in $1 billion more in revenue than expected in its latest quarter, keeping the retailer on track for its first $200 billion year.
The market is unstable. Your portfolio doesn’t need to be.
An average shopper at Costco makes more than a typical Walmart and Target customer, and the warehouse club operator's efforts to keep gas prices several cents below the national average has driven memberships. Its results come at a time when Walmart posted a fall in revenue due to the impact of decades-high inflation hitting consumer spending.
Yahoo Finance Live’s Emily McCormick breaks down the stock rise for Broadcom and VMware after an acquisition deal was announced.
As of 2:33 p.m. ET, Amazon's stock price was up nearly 5%. Like many retailers, Amazon's profits have been dented by coronavirus-related supply chain disruptions and geopolitical-driven energy price increases. At the same time, Amazon is dealing with an excess of fulfillment capacity.
Chipmaker Marvell Technology late Thursday edged above Wall Street's targets for its fiscal first quarter and guided slightly higher for the current period.
Shares of cloud computing company Nutanix (NASDAQ: NTNX) fell sharply this morning after that the company reported a third-quarter loss that was far worse than expected and issued revenue guidance that was below Wall Street's average estimate. Nutanix's third-quarter sales increased 17% from the year-ago quarter to $403.7 million and beat analysts' consensus estimate of $397.9 million. Nutanix's diluted loss per share of $0.50 in the quarter was an improvement from a loss of $0.60 in the year-ago quarter, but it was far worse than the loss of $0.22 that Wall Street was expecting.
In this article, we will look at 10 undervalued stocks to buy according to billionaire Leon Cooperman. If you want to skip reading about Leon Cooperman’s early life, investment philosophy, and his hedge fund’s performance, you can go directly to 5 Undervalued Stocks to Buy According to Billionaire Leon Cooperman. Leon Cooperman is an American […]
The stock market is a game of risk and calculation, and in recent months the risks are mounting. The first quarter of 2022 showed a net negative GDP growth rate, a contraction of 1.4%; another contraction in Q2 will indicate a recession. Wall Street’s experts are trying to look ahead, to see through the fog of uncertainty and get some feel for where things are going. Covering the market for Morgan Stanley, chief US equity strategist Michael Wilson believes that we’ll dodge the recession bullet –
With GameStop's share gains yesterday and so far today, it could certainly generate a squeeze as short-sellers rush to cover their positions. It's why it's not wise to short a stock like the video game retailer or fellow meme stock AMC Entertainment since, as economist John Maynard Keynes once noted, the market can be irrational longer than you can remain solvent. The stock has rallied sharply higher, giving hope to belief the MOASS finally arrived, only to quickly give up all the gains and more.
For the second day in a row, shares of Tesla (NASDAQ: TSLA) stock zoomed higher on Thursday -- and indeed, after shooting up 4.9% yesterday, Tesla's 5.8% gain as of 11:15 a.m. ET today suggests that momentum may be building behind the electric cars stock. Once again, you can thank Cathie Wood for that. As I pointed out yesterday, on Monday and Tuesday this week, growth investor Wood swooped in to buy nearly 42,000 Tesla shares for her various ARK ETF funds.
In this article, we discuss the 10 stocks hedge funds are dumping amid the tech selloff in 2022. If you wish to skip our comprehensive review of the latest market situation around tech stocks, go directly to Tech Selloff: Hedge Funds are Dumping These 5 Stocks in 2022. Investors are offloading growth stocks that don’t […]
Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.
Lululemon Athletica (NASDAQ: LULU) shareholders trounced a rising market on Thursday as shares jumped 10% by 12:30 p.m. ET compared to a 1.9% boost in the S&P 500. The rally wasn't enough to put the apparel retailer's stock back in positive territory for the year, but shares are above the lows they set earlier in the week. The rally was sparked by a stock upgrade that called Lululemon's recent sell-off overblown.
When the markets take a dive, your retirement savings could drop with them. Here is a four-step plan to beat the bear.
The news could calm concerns about a potential softening of business spending on technology sparked by disappointing results from Cisco Systems.
A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.
Shares of AMC Entertainment (NYSE: AMC) are rising 5% higher as of 11:05 a.m. ET on Thursday on no company-specific news, but rather in sympathy with fellow meme stock GameStop (NYSE: GME), which has been putting on a clinic of double-digit gains over several days. GameStop has been the most talked-about stock on the WallStreetBets subreddit, so that AMC is riding its coattails is not a surprise. What keeps meme stock traders animated is the hope that a massive short squeeze will send shares soaring.
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