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A Relative Strength Rating upgrade for Lumber Liquidators shows improving technical performance. Will it continue?
STOCKHOLM (Reuters) -H&M's sales jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong but revenue was still well below 2019 levels. The world's second-biggest fashion retailer said on Tuesday sales were up 62% year on year in the period - its fiscal second quarter - or 75% measured in local currencies, to 46.5 billion crowns ($5.59 billion). "As more people are vaccinated a number of markets have gradually allowed stores to reopen and the H&M group's strong recovery continues," the company said in a statement.
GBP/USD settled below the 20 EMA and is trying to settle below the support at 1.4100.
Banking giant JPMorgan is sitting on a near half-trillion-dollar stockpile of cash, waiting to invest in higher rates in the coming months, instead of buying Treasurys or other securities, Chief Executive Jamie Dimon said Monday at a virtual banking conference.
You're living inside a giant piggy bank now — and have options for shaking out some cash.
The mall owner had to cut rents during the Covid-19 pandemic, keeping tenants out of bankruptcy but hurting its business.
Shares of movie chain were aloft to start another week, with the company's stock headed sharply higher amid a social-media campaign to push it toward $60 a share.
Mandatory Credit: Photo by STEPHANIE LECOCQ/POOL/EPA-EFE/Shutterstock (12072947bw) US President Joe Biden meets with NATO Secretary General Jens Stoltenberg (not pictured) during a NATO summit at the North Atlantic Treaty Organization (NATO) headquarters in Brussels, Belgium, 14 June 2021. The 30-nation alliance hopes to reaffirm its unity and discuss increasingly tense relations with China and Russia, as the organization pulls its troops out after 18 years in Afghanistan. NATO Summit in Brussel
EV Aircraft company Vertical Aerospace announced last week that they would go public via a SPAC merger.
If you recently started receiving Social Security benefits, here are three reasons you may be getting less than you expected.
Gaming hardware marker Corsair became the latest stock to get the meme treatment on Monday.
Below is a new list using the same criteria we used to pull this list of heavily shorted stocks during the Reddit/Robinhood mania in late January. The biggest short squeeze in the Russell 3000 appears to be Virgin Galactic Holdings Inc. (SPCE) which more than doubled in four weeks and was 27.82% sold short on June 11.
‘The pandemic sent my life back to the 1950s, as I had to cook, provide tech support and homeschool our child.'
Senseonics is flying as high short interest and a huge surge in social media mentions fuels another “Memic Monday.”
The Indian rupee depreciated against the U.S. dollar for the fifth straight day on Monday as rising oil prices weighed on the currency despite strength in domestic equity markets.
Investors are watching for the outcome of the Federal Reserve's policy setting meeting this week, where decision makers will gauge the strength of the economic recovery and whether emerging signs of inflation will be transitory.
In a hugely important decision, on Saturday a federal district judge in Texas upheld a hospital’s right to require its employees to receive Covid-19 vaccines, and rejected claims that it violated federal law or coerced employees. The judge’s decision explicitly rejected the plaintiffs’ claims that Houston Methodist Hospital is engaged in Nazi-style medical experimentation by requiring its employees to vaccinate to protect staff and patients from Covid-19. It should give employers—especially those dealing with vulnerable populations, like hospitals, prisons, schools, nursing homes, and daycares—courage to require their employees to get the safe, effective Covid-19 vaccines.
Qualcomm has revealed its willingness to invest in the UK-based Arm if its acquisition deal with Nvidia fails due to regulatory concerns.
CEO Michael Saylor is intent on adding to the company's bitcoin holdings.
Nvidia has been ripping higher over the past month, easily running to new all-time highs. How far can it go from here?
Goldman Sachs analyst Michael Lapides says energy- infrastructure stocks can gain as oil prices stay strong and companies are able to transport more fuel.