Stock Market

Explosive seems like the only word that adequately describes Trillium Therapeutics’ (TRIL) gains in 2020. The immuno-oncology company has taken off on an upward trajectory, and is up by a whopping 833% year-to-date. However, over the last few days, shares have experienced a pullback. Does the sell-off indicate the tides are turning? No, says JonesTrading’s
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A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Check out the companies making headlines after the bell: Slack — Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its better-than-expected quarterly results. Revenue came in at $215.9 million, higher than the estimated
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by Lance Roberts Over the last few months, the markets have become engulfed by a palpable feeling of exuberance. I remember the last time investors were engulfed in a near “panic” to invest. It was 1998, where following a correction, the market began a seemingly endless run to the peak in 2000. I’m not too fond of
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Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla shares are under pressure after it was not included in S&P 500 index changes announced by S&P Dow Jones Indices. Online crafts marketplace Etsy (ETSY), semiconductor equipment maker Teradyne (TER) and pharmaceutical technology provider Catalent (CTLT) were added to the
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The UK’s competition regulator (The Competition and Markets Authority or CMA) has fined Amazon 55,000 pounds over delayed responses to the information requested in connection with the e-commerce giant’s purchase of a 16% stake in London-based food platform Deliveroo. Last month, the competition regulator finally cleared Amazon’s (AMZN) purchase of a minority stake in Deliveroo
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by confoundedinterest17 It is Labor Day and I wish all workers the best since US employment is returning despite the government lockdown of numerous states due to Covid. But California got a double whammy: Covid plus raging wildfires … again. Are you ready? (Bloomberg) — PG&E Corp. warned it may cut off power to 103,000 of its customers in
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by Martin Armstrong Here is a glimpse of the models we are running on the individual states. It appears that the vote for Trump may be overwhelmingly a surprise. We see the vote for Trump even in California rising from 31% to probably 42%. While the Democrats may still carry the state at the Electoral
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Markets have taken a pounding in recent sessions and investors are understandably nervous. The NASDAQ, which had been leading the markets’ recent gains, tumbled 8% in the last two days on fears over high valuations. So, it’s time for defensive stocks. These are stocks that will provide your portfolio with a degree of insulation, protection
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Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – The provider of electronic signature technology reported quarterly earnings of 17 cents per share, more than doubling the 8 cents a share consensus estimate. Revenue also beat forecasts and DocuSign issued upbeat full-year guidance. Broadcom (AVGO) – Broadcom came in
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Despite the recent pullback, 2020’s frothy stock market has provided Tesla (TSLA) investors with massive returns. However, if Wall Street’s most prominent Tesla bear has his way, the next 12 months will be a steep descent to the bottom. GLJ Research analyst Gordon Johnson expects Tesla shares to be changing hands for $19 each a
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