JPMorgan stock cleared a base this month, but the Fed signaled it may soon re-evaluate emergency measures from the pandemic.
According to a JPMorgan Research report, the Bureau of Labor Statistics is forecasted to report a nonfarm employment increase of 900,000 jobs for July, with the education sector being a key driving force behind the increase in the seasonally adjusted jobs count.
The midstream company is benefiting from strength in some businesses, offsetting weakness elsewhere.
Memory-chip maker Micron Technology (NASDAQ: MU) just announced a quarterly dividend policy. The payouts are starting out small, but I expect the company to build up its dividend yield over time. Let's see what Micron's payouts will mean to us shareholders.
According to New Frontier Data, legal weed sales in the U.S. are expected to grow by an annual average of 21%, ultimately hitting north of $41 billion by mid-decade. While this sales growth will undoubtedly make some cannabis investors rich, we also know that not every marijuana stock can be a winner. The following trio of pot stocks stand out for all the wrong reasons and should be avoided like the plague in August.
There’s an old saying in the markets that you should ‘sell in May and go away.’ It’s a reference to long-noticed trend of summertime swoons, when market trading slows, or even dips, especially in August. Recent statistical research by CFRA research has quantified the phenomenon. Since 1945, they say, August is the year’s third-worst month for returns on the S&P 500, on average. The trend is particularly marked in years when the index set record high levels in July. A report from LPL Financial ad
U.S.-listed shares of Chinese electric vehicle maker Nio (NYSE: NIO) are sinking a day after the company reported its monthly vehicle delivery figure for July. As of 12:15 p.m. EDT, Nio's U.S.-listed shares were down by about 3% after having been down by almost 5% earlier in the session. Nio's Chinese competitors Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) also reported their July data Monday, and their growth outpaced that of Nio.
Shares of FuelCell Energy (NASDAQ: FCEL) plunged 28.9% in July, according to data provided by S&P Global Market Intelligence. The fall was much higher than stocks of peers Bloom Energy or Plug Power, which fell roughly 19% and 20%, respectively. On July 12, FuelCell Energy announced it had received a court case win versus Posco Energy.
In this article, we will be looking at the 10 best dividend paying stocks to buy now. If you want to skip our detailed analysis of dividend investing, you can go directly to the 5 Best Dividend Paying Stocks to Buy Now. There is no denying that the pandemic-led recession exacerbated the stock market volatility last […]
On July 28, Tilray (NASDAQ: TLRY) stock surged by 26% in a single trading day after the company published strong quarterly results -- the first earnings report its $4 billion merger with fellow Canadian pot grower Aphria. Revenue shot up, the company finally turned a profit, and its international expansion has begun to pay off. Tilray desperately needed that good news, as its shares are down almost 50% year to date.
China's ongoing crackdown on its top tech companies has rattled investors and crushed the sector's bellwether stocks, including Alibaba, Tencent (OTC: TCEHY), and Baidu. It's tempting to avoid all Chinese stocks until this regulatory storm ends, but investors should keep an eye on two companies that aren't as exposed to the government's wrath: NetEase (NASDAQ: NTES) and Bilibili (NASDAQ: BILI). NetEase is China's second-largest mobile game publisher after Tencent.
Daily fantasy sports, mobile sportsbook, and iGaming company DraftKings (NASDAQ: DKNG) will report second-quarter earnings on Friday, Aug. 6. DraftKings has the licenses to operate mobile sportsbooks in 12 states, serving 27% of the U.S. population.
Shares of Microvision (NASDAQ: MVIS) fell 17.8% in July, according to data from S&P Global Market Intelligence. A drop or a jump of that magnitude often points to game-changing news, but it was really just business as usual for this ultra-volatile stock. The maker of micro-display systems for augmented reality and lidar laser-scanning tools for autonomous vehicles had one minor news item to share last month.
Lending technology company Upstart Holdings (NASDAQ: UPST), which uses artificial intelligence to determine consumers' ability to repay loans, is getting ready to report its second-quarter earnings for 2021 on Aug. 10. Investors are looking to earnings to push shares higher again after the stock has fallen 37% from its highest price this year. Here are three crucial things for investors to focus on when Upstart reports.
Less than four months after going public and being valued at more than $3 billion by Wall Street, Zymergen Inc. unleashed some bad news Tuesday afternoon and was on pace to lose more than two-thirds of its market cap.
PayPal Holdings (NASDAQ: PYPL) continued to experience strong momentum on its platform in the second quarter. The weak guidance and subsequent sell-off stems from eBay. PayPal separated from eBay (NASDAQ: EBAY) in 2015, and over the last few years, eBay has been transitioning to its own managed payments system.
Young companies such as Skillz (NYSE:SKLZ), need capital in order to reach their full potential and profitability. Debt can often be risky and is more appropriate for already profitable companies. That is why cash from investors is a much better option while a company grows.
Wall Street price targets are coming in on (NKLA) stock following the company’s second quarter earnings report—just as the stock is jumping after a difficult week. Nikola shares (ticker: NKLA) are up 6.7%, at $10.90, in recent trading. Shares are still down about 23% since July 28, before former CEO Trevor Milton was charged by the Justice Department with securities fraud and before the company reported second quarter earnings Tuesday morning.
The food purveyor reported an adjusted profit of 78 cents a share, beating forecasts for 72 cents a share, on sales of $6.6 billion, topping expectations for $6.55 billion.
The fintech space is one which has brought banking to the masses. Financial products that have remained out of reach of millions of individuals are now becoming mainstream. For investors in Social Finance, Inc. (SOFI), now is a great time to be investing. Now, SoFi stock has certainly been on a rather bumpy ride of late. One of Chamatch Palihapitiya’s recent SPACs, SoFi has ebbed and flowed along with capital into and out of the SPAC world. As a de-SPAC company trading on its own merits, SoFi’s
(Bloomberg) -- Matthew Tweed is worlds apart from Wall Street traders. The 20-year-old finished high school just two years ago, never went to college and works out of his bedroom at the family home in Surrey, England.Yet thanks to the fragmented new world of crypto, Tweed is making markets in Bitcoin derivatives with his one-man operation, which is connected to two of the largest exchanges -- alongside the hedge fund pros.After learning how to build algorithms from a stranger on Reddit, he’s try