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Morgan Stanley cleared a flat base with a 94.37 buy point.
Morgan Stanley cleared a flat base with a 94.37 buy point.
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
Yahoo Finance's Jared Blikre joined Yahoo Finance Live to break down the key takeaways from Roku's recent earnings report.
Shares of the movie theater stock fell after shareholders rejected a dilution plan and as Disney's "Black Widow" played well with the streaming audience.
Yahoo Finance's Ines Ferre joined Yahoo Finance Live to break down Etsy's latest earnings report.
Brian Sozzi gives us his take on Weber Grills ahead of the company’s IPO debut in the NYSE and also breaks down the features that differentiate Weber from other grill companies.
Shares of Zoom Video Communications (NASDAQ: ZM) were rising today on seemingly no company-related news. The maker of the popular video-calling app, Zoom, saw its share price jump today, likely because some investors are concerned that rising COVID-19 cases caused by the delta variant are bringing more restrictions. Zoom's app became the go-to service for communicating with friends, family, and colleagues during strict lockdowns and social distancing last year, and that helped drive up Zoom's share price in 2020.
In this article, we discuss the 10 stocks Reddit is piling into before earnings. If you want to skip our detailed analysis of these stocks, go directly to 5 Stocks Reddit is Piling Into Before Earnings. The stock market is on track to register a strong earnings quarter as more firms release their second quarter […]
(Bloomberg) -- Tesla Inc. Chairman Robyn Denholm sold 31,250 shares of the electric-vehicle maker for more than $22 million, according to a regulatory filing late Wednesday.Denholm, who recently testified in a Delaware court as part of a shareholder lawsuit over Tesla’s controversial 2016 acquisition of SolarCity, has served on Tesla’s board since August 2014.She became chair in November 2018 after Chief Executive Officer Elon Musk was forced to relinquish the role as part of his settlement agre
Roku and Etsy beat earnings, but sold off late. In a mixed market, AMD and Robinhood soared, signaling a meme stock shift.
(Bloomberg) -- Bayer AG agreed to buy U.S. biotech company Vividion Therapeutics Inc. for as much as $2 billion, snapping up a developer of promising therapies that only weeks ago filed for an initial public offering.The German drugmaker will pay $1.5 billion up front and another $500 million in potential milestones for the San Diego-based biotech, it said in a statement Thursday. The company also raised its profit forecast for the year. For Bayer, the transaction is the latest in a string of de
The biotech sector is famously volatile. Medical and pharmaceutical research involved both high overheads and years-long lead times, a combination that requires investors to be patient and to count on time frames that can sometimes reach a decade or more. But once a biotech gets a new medication onto the market, meeting a need for a substantial patient base, it’s all win – a combination of finding the Holy Grail and hitting the Powerball. It doesn’t always happen that way, however – so investors
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.
Shares of semiconductor manufacturer Nvidia (NASDAQ: NVDA) -- a supplier of chips for everything from playing video games to mining cryptocurrency to performing artificial intelligence tasks -- are posting a tidy 2.3% gain as of 2:25 p.m. EDT Wednesday. In a note out this morning, Rosenblatt raised its price target on Nvidia stock 25% to $250 -- that's incidentally about 25% above where the stock trades today. Rosenblatt cites Nvidia's earnings power on "best-in-class AI" and its opportunities in next generation networking and data processing as well as autonomous driving software, and apparently believes even the company's 94-times-earnings valuation currently is not too much to pay for Nvidia stock.
Lemonade Inc. stock fell more than 6% late Wednesday after the insurance company reported a wider-than-expected quarterly loss.
Shares of meme stocks AMC Entertainment Holdings (NYSE: AMC), GameStop (NYSE: GME), and Sundial Growers (NASDAQ: SNDL) were all heading lower in morning trading Wednesday, with the theater operator down 4%, the video game retailer off over 1%, and the marijuana company falling 3.5%. The three companies have failed to maintain any sort of momentum from their earlier bull runs, and calls for retail investors to stand strong are not resonating as much as they did previously during the share-buying frenzy of January.
Shares of the chip maker have advanced for six consecutive days, after strong earnings. But a threat to a rival may have pushed Wednesday's gains.
The biopharma name cautioned shareholders that it's still suffering from a pandemic hangover, but investors should think bigger-picture.
The market for 3D interactive content, including video games and 3D entertainment, is expanding rapidly. Due to the COVID-19 pandemic, user engagement has risen across both 3D entertainment platforms and mobile gaming, as more users play 3D video games or indulge in 3D virtual experiences. According to an RBC Capital report, the mobile gaming total addressable market (TAM) was worth $91 billion last year, representing more than half of the total global gaming market, which is worth $175 billion.
Return and risk are two sides of the same coin. Investors all want the former, while keeping down the latter – but that’s a pipe dream. Every stock comes with both, and one key to success is managing the balance. That balance can be tricky, however, as risk and return potentials usually follow a direct relationship; that is, the highest return stocks typically also come with higher risk. This makes sense, as the surest way to a high return is to find stocks with low initial share prices – for in
Etsy Inc. stock fell 14% in after-hours trading Wednesday after the online marketplace company reported quarterly sales and profit above Wall Street forecasts, but had fewer active buyers than investors expected.