Stocks Mixed as Record Highs Remain in Tact
U.S. stock futures were mixed Friday, a day after modest gains pushed the S&P 500 to another closing record and the Dow Jones Industrial Average within 24 points from Monday’s record close.
U.S. stock futures were mixed Friday, a day after modest gains pushed the S&P 500 to another closing record and the Dow Jones Industrial Average within 24 points from Monday’s record close.
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
(Bloomberg) -- Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseApple Plans New iPad Pro for May as Production Ramps Up OverseasUBS Banker’s Frustration Exposes Cracks in World of Climate FinanceDubai Is Losing Its All
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
Veritone (VERI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
These energy stocks have been on fire this year.
Reddit insiders including CEO Steve Huffman disclosed significant share sales Wednesday night, days after the social network's IPO. RDDT stock fell late
Wood is sounding the alarm on Nvidia following its meteoric rise.
The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.
The average one-year return for the S&P 500 after the LEI turned positive following a negative streak is 15.6% with a win ratio of 85.7%.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Trump Media & Technology Group soared as much as 14% on Wednesday.
The Bill & Melinda Gates Foundation has a whopping $42 billion portfolio, and it's concentrated into just a few stocks.
Investors should not ignore the rise of AI despite the hype around certain companies.
The age when retired workers claim Social Security benefits has a substantial impact on their payout.
An analyst downgraded Palantir stock on views the data analytics software maker's valuation is inflated amid investor buzz over generative artificial intelligence.
Though Chipotle's stock has been sizzling, two industry-leading businesses that appear primed for stock splits of their own look like smarter buys.
The conversational artificial intelligence (AI) specialist has been a hot commodity in recent months, but there are less risky ways to profit from this secular tailwind.
Dividend increases should soon be coming from these stocks, but be careful -- it doesn't mean all of them are great buys.