The casual footwear company has topped estimates on earnings and sales every quarter since March 2020.
Shares of Novavax (NASDAQ: NVAX) were soaring 24.1% higher as of 12:35 p.m. ET on Tuesday. European Medicines Agency head Emma Cooke told European Union health ministers on Tuesday that Novavax's COVID-19 vaccine could be authorized in the "near future." Also, a study led by the University of Oxford found that a second dose of Novavax's vaccine following an initial dose of AstraZeneca's (NASDAQ: AZN) vaccine was significantly more effective than two doses of the AstraZeneca vaccine.
Shares of Apple (NASDAQ: AAPL) rose 3.5% to a record closing price of $171.18 on Tuesday, after an analyst placed a price target on the stock that represents a new high among Wall Street's estimates. Morgan Stanley analyst Katy Huberty now sees Apple's shares rising to $200, up from a previous forecast of $164. Huberty sees Apple's share price rising as traders seek out high-quality companies that are thought to be safer investments, now that volatility has returned to the financial markets.
Shares of Comcast (NASDAQ: CMCSA) turned "red" on a "green" day for the stock market -- and Comcast has only itself to blame for it. As of 1:11 p.m. ET, Comcast stock is down an even 5%. In a business update revealed at UBS' investor conference today, Comcast CEO Brian Roberts advised that the company will be looking at just 7% to 8% growth in earnings before interest, taxes, depreciation, and amortization (EBITDA) when it reports earnings next month, according to StreetInsider.com.
These companies produce the only thing that matters.
Shares of Moderna (NASDAQ: MRNA) were rising 3.1% as of 12:51 p.m. ET. The gain came after results were announced for a COVID-19 vaccine study led by the University of Oxford. This study found that a second dose of Moderna's vaccine following a first dose of either the Pfizer-BioNTech vaccine or the AstraZeneca vaccine was more effective than two doses of the two other vaccines.
In this article, we discuss the 10 best hydrogen fuel stocks to buy today. If you want to skip our detailed analysis of these stocks, go directly to the 5 Hydrogen Fuel Cell Stocks to Buy Today. Hydrogen fuel is an attractive source for power generation, transportation, domestic, and industrial applications, since it is a […]
Wood has made crazier calls before, and she's been right on the money.
(Bloomberg) -- Goldman Sachs Group Inc. is issuing words of caution for dip buyers plunging back into stocks: The December volatility breakout has room to run -- and risk gauges aren’t yet flashing buy signals.Most Read from BloombergThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsEven in the Metaverse, Not All Identities Are Created EqualThe $300 Billion Plan to Bring Green Power to China’s MegacitiesMeet the New
Meme stocks outperformed the market Tuesday, and investors are looking forward to GameStop's next quarterly report on Wednesday.
Analysts at investment bank Wells Fargo initiated coverage across the sector, warning of overvaluation among marijuana companies and suggesting investors turn their attention to hydroponics suppliers instead -- but marijuana stocks leapt higher anyway. As of 12:35 p.m. ET, shares of Tilray (NASDAQ: TLRY) are gaining 4.6%, and both Aurora Cannabis (NASDAQ: ACB) and Canopy Growth (NASDAQ: CGC) are up 7.1% each. The focus of Wells Fargo's ire this morning is the last company on that list -- Canopy Growth.
As the economy has steadily reopened, Matthew Lynn says one of the unexpected consequences of the pandemic has been a “great retirement” of older workers choosing not to return to work and instead to live comfortably on their savings and investments.
Shares of Nvidia (NASDAQ: NVDA) charged higher on Tuesday, adding as much as 6.2%. An analyst added the chipmaker to its "best of" list for 2022, citing potential from the metaverse, while the broad market rally was no doubt a contributing factor. Analysts at Citi named Nvidia as one of their top stocks to buy for 2022.
In this article we are going to use hedge fund sentiment as a tool and determine whether Verizon Communications Inc. (NYSE:VZ) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, […]
Receding omicron fears helped "cyclical" chip stocks, and a positive analyst comment boosted Micron in particular.
Shares of Digital Turbine (NASDAQ: APPS) took off on Tuesday, surging as much as 16.5%. The digital advertising specialist expanded its relationship with a strategic partner, which bodes well for the company's future prospects. In a press release, Digital Turbine said it was expanding its existing relationship with Telefónica, one of the largest telecommunications service providers in the world.
Hydrogen fuel-cell stocks kicked off Tuesday on a strong note, with shares of Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and Nikola (NASDAQ: NKLA) jumping 7.7%, 7%, and 5.7%, respectively, as of 2:25 p.m. ET. Multiple developments that confirm rising global interest in green hydrogen and fuel-cell technology reignited investor interest in leading hydrogen stocks today. Meanwhile, the United Arab Emirates (UAE) is collaborating with French utility Engie to invest $5 billion to develop renewable energy and hydrogen projects with two gigawatts of capacity by 2030.
It was a strong start for the overall stock market on Tuesday morning, but HealthEquity (NASDAQ: HQY) wasn't exactly moving in a positive direction. HealthEquity reported its third-quarter results, and that's what is weighing on the stock today. For starters, HealthEquity met expectations for adjusted earnings, but missed on top-line revenue.
Shares of semiconductor design giant Broadcom (NASDAQ: AVGO) were up 4% today at market close, pushing the stock to new all-time highs as the market overall was digesting early research that the omicron coronavirus variant will perhaps be less severe than the delta variant. All individual stocks, even slower-growing but stable behemoths like Broadcom, are volatile in nature and can swing up and down from day to day and month to month. Broadcom is a case in point.
Investing in the metaverse will be a key theme over the next decade, one analyst says. Here are seven companies that stand to cash in.
All it has taken is a couple of days to return the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) to within 1% to 3% of their all-time record highs. In particular, shareholders in AeroVironment (NASDAQ: AVAV) and HealthEquity (NASDAQ: HQY) got nasty surprises that led to double-digit percentage declines. Shares of AeroVironment lost almost 28% on Tuesday.