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SAIA earnings call for the period ending June 30, 2021.
(Bloomberg) -- Stocks in Europe plunged and U.S. equity futures declined at the start of a week abounding with risks including spillover from China Evergrande Group’s woes, falling commodity prices and the Federal Reserve policy meeting.The Stoxx Europe 600 index dropped 1.4% at the open, with raw materials leading the decline as iron ore extended a slump below $100 a ton after China stepped up restrictions on industrial activity. Base metals including copper also fell as the dollar rose before
MARKET SNAPSHOT U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 300 points, as Hong Kong-listed property companies came under fresh pressure. Investors also were positioning ahead of this week’s Federal Open Market Committee meeting.
The energy sector’s production companies benefit from dealing in commodities – oil and gas – that are always in demand. They have high overhead, but they also have a ready market for the product and consequent strong cash positions. Using that strong cash-flow, the companies have been following two strategies to boost their shares; First, they are simply buying back shares to support the price. And second, they are paying out high dividend yields, offering investors a steady income stream from t
Here's how to dabble in the most popular investment in human history.
Following a bearish end to the week for Bitcoin and the broader market, a Bitcoin move back through to $48,000 levels would support the broader pack.
With the S&P 500 just below its 50-day, the market rally is at a turning point with a key Fed meeting on tap. What should investors do now?
HONG KONG (Reuters) -Shares of Evergrande on Monday plunged as much as 19% to their lowest in over 11 years, extending losses as investors take a dim view of its business prospects with a fast approaching deadline for payment obligations this week. The company's property management unit dropped over 12%, while its electrics car unit declined 8%. Movie streaming company Hengten Net, majority-owned by Evergrande, plummeted 14%.
This trend may continue through to the end of the year — here's why.
(Bloomberg) -- China’s top regulators defended their market-roiling crackdown on various industries in a meeting with Wall Street executives, while reassuring them the stricter rules aren’t aimed at stifling technology companies or the private sector.China Securities Regulatory Commission Vice Chairman Fang Xinghai said recent actions were to strengthen regulations for companies with consumer-facing platforms, and improve data privacy and national security, according to a person familiar with th
Following Sunday’s pullback, the majors will need to move through the day’s pivot levels to support a bullish start to the week. Failure to do so would leave support levels in play.
ARK Invest CEO Cathie Wood stands out to investors for generating consistently outsized returns. This focus on insights differentiates it from Snowflake, which identifies itself as a complete database, or Salesforce.com's Tableau, which serves as a data visualization tool.
Semiconductor manufacturer Intel (NASDAQ: INTC) was asleep at the wheel as rival Advanced Micro Devices (NASDAQ: AMD) rose from the dead. AMD's products were terrible from 2011 through 2017, built on a failed architecture that came nowhere close to competing with Intel. AMD is now on the fourth generation of Zen, and its chips have surpassed Intel on essentially every metric.
Seventeen-year-old Dylan Jin-Ngo became fascinated with the stock market when he was in sixth grade. Now the Huntington Beach teen spends much of his free time teaching other kids about markets.
Shares of Boston Omaha, co-run by Alex Buffett Rozek, are outperforming Berkshire Hathaway stock this year. Boston Omaha just trimmed an investment in Dream Finders Homes last week.
If you invested in COVID-19 vaccine maker Moderna (NASDAQ: MRNA) last year, you're likely sitting on a fantastic return, as the stock is up more than 500% in 12 months (the S&P 500 has increased by just 31%). With a pricey valuation that's significantly higher than analyst price targets and a business that today is dependent on COVID-19, it may only be a matter of time before a correction takes place. Moderna could soon face more competition in the U.S.
It might seem tough to find cheap tech stocks as the Nasdaq hovers near all-time highs. Let's take a closer look at three of those undervalued tech stocks: Cisco (NASDAQ: CSCO), Ericsson (NASDAQ: ERIC), and Skyworks Solutions (NASDAQ: SWKS). Cisco is often considered a slow-growth tech stock, since it generates most of its revenue from networking switches and routers.
Microsoft and AMD are among top stocks setting up possibly buying opportunities off 50-day or 10-week lines.
Following a mixed day for the majors on Saturday, a Bitcoin return to $50,000 would signal a breakout for the broader market.
Boeing is investigating the discovery of two miniature bottles on a U.S. presidential jet under development in San Antonio.
Investors' main focus this week will be on the Federal Reserve's September monetary policy meeting, which will set the stage for more debate around the timing of tapering and the outlook for the economy. Other economic data out this week will focus on the housing sector.