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With earnings due, drug distribution giant AmerisourceBergen shows resilience just below a recent buy zone.
High-quality items seldom go on sale. Grab them when they do.
Plug Power (NASDAQ: PLUG) stock shot up this morning and was trading up a solid 12% by noon ET today. The hydrogen fuel cell manufacturer just bagged an order that's piqued investor attention. Tuesday morning, Plug Power said it won an order to supply one gigawatt (GW) electrolyzer to H2 Energy Europe, a company that builds fuel cell solutions and hydrogen infrastructure.
Here comes a potential Twitter stock crash, warns one long-time tech analyst.
Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) traded more than 13% higher at 9:40 a.m. ET today before giving up those gains and trading about 1% higher as of 10:26 a.m. The company reported earnings results for the first quarter of 2022 last night. Nu in the quarter also generated record revenue of $887 million, which smoked analyst estimates of only $624 million. Importantly, Nu continued to grow average monthly revenue per active user (ARPAC), which increased to $6.70 on average and to $19 for some of the bank's most mature cohorts.
Yahoo Finance's Jared Blikre breaks down the stocks Warren Buffett's Berkshire Hathaway is buying and selling.
In just two days, Chinese electric vehicle manufacturer Nio (NYSE: NIO) is scheduled to report its first-quarter earnings-- at least, according to Nasdaq.com, it is. The company hasn't officially announced its release date yet, and other financial data providers point out that, seeing as Nio reported its Q1 earnings on May 28 in two of the past three years, it's more likely to report closer to that date this year as well. Is there a good reason to buy Nio stock ahead of earnings?
Shares of Tonix Pharmaceuticals Holding (NASDAQ: TNXP) were crashing 22.7% as of 10:54 a.m. ET on Tuesday. This stock split took effect today. Reverse stock splits aren't a sign that things are going well for a company.
Shares of several U.S.-based electric vehicle (EV) companies are moving higher today and investors can probably thank Rivian Automotive (NASDAQ: RIVN) for that. Shares of Rivian jumped as much as 11.2% in early trading today, and that helped the stocks of other EV names, including Lucid Group (NASDAQ: LCID) and Nikola (NASDAQ: NKLA), to also move higher by 6% and 6.8%, respectively. After the entire EV sector has seen recent stock declines driven by manufacturing and cost headwinds, Rivian CEO RJ Scaringe injected some new confidence with a filing yesterday showing he just bought more than $1 million in his company's stock.
In this article, we discuss Warren Buffett’s 8 new stock picks in 2022. If you want to read about some more Buffett stock picks, go directly to ‘Greedy When Others are Fearful’: Warren Buffett’s 4 New Stock Picks in 2022. There are few value investors who have accumulated as much fame as Warren Buffett of […]
Yahoo Finance's Jared Blikre examines how stocks are digesting Fed Chair Powell's latest comments on inflation, in addition to sector leaders, semiconductor stocks, Home Depot, and Walmart.
Energy Transfer (NYSE: ET) has a long history of developing infrastructure projects to support growing energy demand. The company has built thousands of miles of pipelines, multiple oil and gas processing facilities, and several storage and export terminals over the years. The master limited partnership (MLP) currently expects to invest upwards of $2.1 billion this year in expanding its energy infrastructure network.
The Wall Street Journal reports that the crash of China Eastern flight 5375 was likely due to an intentional nosedive.
Last year, Neel Somani was a quantitative research analyst working at Citadel, billionaire Ken Griffin's powerhouse hedge fund firm that manages nearly $50 billion. But at age 24, Somani quit in late February with dreams of getting rich in crypto and helping to build a more decentralized financial system. He chose to focus on Terra.
(Bloomberg) -- Walmart Inc. tumbled the most in almost 35 years after cutting its full-year profit forecast due to inflationary pressures, especially in food and fuel.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionElon Musk Says Twitter Must Prove Bot Claims for $44 Billion Deal to ProceedOmicron Is Turning Out to Be a Weak VaccineMicrosoft Will Boost Pay and Stock Compensation to Retain E
Betting on sports is popular in America, Britain and around the world. Legal wagering is growing state by state in the U.S. so let's check out the charts of DraftKings . In this daily bar chart of DKNG, below, we can see a large bullish divergence.
Shares of Sea Limited (NYSE: SE) charged sharply higher Tuesday, gaining as much as 17.2%. The catalyst that sent the e-commerce and digital entertainment specialist higher was its quarterly financial report, which illustrated robust growth that was much better than expected. For the first quarter, Sea Limited generated revenue of $92 billion, up an impressive 64% year over year.
Inflation fears and an analyst's price target cut are taking a toll on the value of the content delivery network operator.
Tuesday is looking like a good day to own cruise line stocks, with shares of Royal Caribbean (NYSE: RCL) rising 2.7% through 10:20 a.m. ET, Norwegian Cruise Line Holdings (NYSE: NCLH) up 3.5%, and industry leader Carnival Corporation (NYSE: CCL) leading the industry higher today as well -- up 3.9%. Investors in the travel and tourism industry in the U.S. can look forward to 4% average annual growth over the next decade, according to a new report from the World Travel and Tourism Council (WTTC).
Aerospace behemoth Boeing (NYSE: BA) stock took a 2.5% hit on Monday after Bloomberg reported that China Southern Airlines (NYSE: ZNH) is delaying acceptance of deliveries of more than 100 Boeing 737 MAX jetliners to 2025 or later. The good news is that Boeing stock is turning around and regaining altitude this morning, up 3.5% as of 11:40 a.m. ET on a note from JPMorgan that argues the news is "not as stark" as it first appeared to be. Contradicting Bloomberg's read on the situation, JP observes that China Southern not saying it plans to accept deliveries through 2024 is not the same thing as China Southern saying it will not accept the planes, reports TheFly.com today.
Biotech stocks have taken a beating to start the year, with the S&P Biotech Industry Index down more than 49% so far. There are several reasons a biotech stock could go parabolic -- that is, have its shares see a sharp rise in a short period. The company could be the buyout target of a merger deal with a larger pharmaceutical company.
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