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Virgin Galactic's stock is down after announcing a plan to raise up to $500 million in debt, but there's a way this could be good news.
This super investor is going against the herd. Maybe you should, too.
Last week, the S&P 500 finished Friday’s session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That’s bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia’s war on Ukraine promises to further damage supplies and prices in the food, cooki
(Reuters) -Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board, according to a statement released close to midnight local time on Monday by the state-controlled company, opening the way to a full executive management shake-up. José Mauro Ferreira Coelho is the third Petrobras CEO fired by Bolsonaro over fuel prices.
(Bloomberg) -- Snap Inc. cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31% and pushing other social media stocks down.Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden Misspeaks on Taiwan, Says US Military Would InterveneRussian Diplomat Quits in Rare Public Protest Over War in UkraineBiden’s Latest Taiwan Gaffe Stokes Tensions With Beiji
"Are you kidding me?!" Vergara's former co-star Sarah Hyland reacted to the racy shot.
It's all about time in the market. Not timing the market.
The giants of Wall Street are looking at the same markets tumult, and drawing very different conclusions on when the carnage might end.
(Bloomberg) -- Dennis Gartman is telling prospective dip buyers to sell any rallies in US stocks during a bear market that he dates to the start of the year, and expects to last for many months.Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden Misspeaks on Taiwan, Says US Military Would InterveneWalmart’s Troubles Should Have Everyone on High AlertGoldman’s Solomon Says Subway Shooting of Employee a ‘Sensel
Mizuho Managing Director Siti Panigrahi checks out Zoom's Q1 earnings, sustaining subscriber growth, and the communications technology company's business outlook.
(Bloomberg) -- The selloff in equities will reach a bottom once the Federal Reserve signals the end of tightening, which may not happen until recession is apparent, according to Goldman Sachs Group Inc. Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden Misspeaks on Taiwan, Says US Military Would InterveneRussian Diplomat Quits in Rare Public Protest Over War in UkraineBiden’s Latest Taiwan Gaffe Stokes Tens
Dow Jones futures were lower, while tech futures sold off late Monday. Stocks to buy and watch include Tesla supplier Livent.
Today we will run through one way of estimating the intrinsic value of Pinterest, Inc. ( NYSE:PINS ) by projecting its...
The Russian ruble has emerged as the best-performing currency in 2022, despite wide-ranging sanctions imposed for its invasion of Ukraine. How did the Russian currency make a dramatic recovery from its record low of 143 rubles to the dollar on March 7? The rally, experts say, is largely artificial, the result of capital controls imposed by Moscow in the wake of Western sanctions.
To put it tactfully, cruise ship operator stocks haven't been very popular with investors over the past few years. The prognosticator lowered his price targets for both Carnival and Norwegian Monday morning before market open. In his opinion, Carnival is now worth $18 per share; previously, Didora's level was $22.
Over the last two years, Nvidia (NVDA) has made a habit of delivering “beat and raise” earnings reports. With the chip giant reporting F1Q21’s financials after the close on Wednesday, May 25, are investors in for another treat? Not according to Susquehanna’s Christopher Rolland. “Unlike recent quarters,” said the 5-star analyst, “we believe any significant beat and raise may be capped by Gaming headwinds.” So, what are these headwinds constraining Nvidia’s biggest breadwinner? Well for one, reta
Oil and gas producers have shifted their business models to prioritize profitability. The new philosophy has helped their stocks and financial results.
On an otherwise good day for financial stocks and the markets generally, shares of Upstart (NASDAQ: UPST), a fintech lending platform based on artificial intelligence (AI), were falling today, and were down around 7.2% as of 3:40 p.m. ET. On Friday, Wedbush analyst David Chiaverini, who already had an underperform rating on Upstart, lowered his price target even further, from $20 to $15. Chiaverini cited a Kroll rating of a recent Upstart securitization, or rather a lack thereof, as indicating Upstart's class B and C notes were showing increased delinquencies and credit deterioration.
The electric-car maker is breaking key support levels that fundamental investors might want to note.
Shares of oil tanker stock Nordic American Tankers (NYSE: NAT) fell as much as 21.3% in trading today after the company gave the market an update on operations. In a press release before the market opened, Nordic American Tankers' management said that they will announce first-quarter 2022 results before the market opens on May 31, 2022. Shares of Nordic American Tankers are up about 70% from their lows before Russia invaded Ukraine, which was a big driver of recent demand.
If a major recession is coming, the financial guru recommends some fast, concrete moves to protect your money.
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