Stock Market

A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing company rallied more than 30% on the back of better-than-expected results for

AstraZeneca announced that it has started enrolling adults for a Phase 3 clinical trial in the US of its Covid-19 vaccine candidate AZD1222.  AstraZeneca (AZN) said that the trial, which will include 30,000 participants over the age of 18, will asses the safety, efficacy and immunogenicity of AZD1222 for the prevention of Covid-19. The US trial, called D8110C00001, is funded by the

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Stocks often stumble in September, and in election years, there’s potential for even more volatility.

by Michael Snyder I’m just going to be very blunt with you.  Things have already gotten quite crazy, but they are going to get even crazier.  Global food supplies have already gotten tight, but they are going to get even tighter.  When even the UN starts using the word “biblical” to describe the famine that the world

Smart investors are always looking for a reliable sign that will indicate a stock’s likely movement. The key is making the right moves at the right time. Following the insiders is popular strategy, and for good reason. Insider traders are simply corporate officers, whose position inside their company gives them access to information that may

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell:  Zoom Video — Shares of Zoom

The coronavirus has thrust many previously unknown pharma companies into the spotlight. You can certainly place Sorrento Therapeutics (SRNE) on this list. The company’s unique approach to fighting COVID-19 has resulted in sky scraping surges, yet it hasn’t all been plain sailing. The Yale School of Public has recently won an FDA emergency approval for

Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines midday Monday: Apple — Shares rallied 3.5% as its long-awaited 4-for-1 stock split took effect. That gain made the tech

BY SVEN HENRICH The panic buying we’re seeing in $TSLA and $APPL today, following the historic runs into the stock splits effective today, firms my view that we are setting up for something sinister in markets. To be sure we live in strange times, even some bulls are capitulating giving up completely on rationalizing the

MGM Resorts International informed its staff that it would lay off 18,000 furloughed employees in the US as the casino operator grapples with the financial fallout resulting from the coronavirus-induced travel restrictions. MGM (MGM) will start the streamlining measure on Monday, according to a letter from its CEO Bill Hornbuckle to employees and seen by

by Michael Snyder In modern American history, we have never seen such a sudden mass exodus away from our major cities.  Overall, the U.S. economy is a complete and total disaster in 2020, but moving companies and real estate agents that work in desirable rural and suburban areas are absolutely thriving right now.  Each weekend we

For the stock market, is it onwards and upwards? As the dog days of summer come to a close, stocks have ripped higher in a remarkable fashion, with the market sitting at record highs. That said, when we make our way into September, a historically rough month for equities, should investors put their hunts for

September is known for being a seasonally volatile month, but long-term, some are looking at the glass half full. Goldman Sachs has become more optimistic about U.S. economic growth, as it expects that by Q2 2021, an effective COVID-19 vaccine will be “widely distributed.” Based on this assumption, the firm’s chief economist Jan Hatzius bumped

by Daisy Luther As an American, most of us strongly support the concept of peaceful protests. However, when things turn violent, when property gets destroyed, when buildings and cars are set on fire, and when businesses are looted, rational people can agree that this is wrong. Unfortunately, a whole bunch of irrational people are being

Apple (AAPL) has announced that it has terminated the Epic Games account on its App Store, as the dispute between the two companies continues. This means Epic will no longer be able to submit new apps or updates, and the game can no longer be downloaded or re-downloaded. The dispute hinges on Epic’s use of

Authored by Charles Hugh Smith via OfTwoMinds blog, The extremes are not visible to the vast majority of participants, and so they are exposed to high levels of risk they don’t see or understand. The question “Is the weather becoming more extreme?” opens up endless debates because our perceptions may differ from actual measurements since we’re

Sometimes, things just fit like a key in a lock. This might be the case when it comes to one biotech’s recent acquisition, so says Maxim’s Jason McCarthy. On August 24, Bionano Genomics (BNGO) revealed it is purchasing molecular diagnostic services company, Lineagen, in a deal worth $9.6 million. As per the terms of the

By Alex Kimani Over the past decade, the European Union has widely been viewed as being ahead of the renewables curve, and it recently-launched new hydrogen strategy has only served to cement its credentials. The EU has a highly ambitious plan to install 40 gigawatts of electrolyzers within its borders and support the development of another 40

Without a doubt, COVID-19 has wreaked havoc on companies of all shapes and sizes. Even the Street’s heavy hitters haven’t been completely immune to the deadly virus, with a majority of players feeling the impacts in one way or another. This is the case for Google’s parent company, Alphabet (GOOGL). Writing for Tigress Financial, 5-star

People outside at an Urban Outfitters store in New York City. Getty Images Check out the companies making headlines in midday trading.  Salesforce —Shares of the software company surged 27% following its blowout earnings. The soon-to-be Dow member reported earnings per share of $1.44, topping estimates by 77 cents, according to Refinitiv. Revenue came in at $5.15

by confoundedinterest17 Powell said that The Fed will allow inflation to run hot, hot, hot and unemployment to run lower than previously tolerated. (Bloomberg) — The Federal Reserve’s new plan to run the economy hot looks easier said than done as the central bank confronts multiple forces holding down inflation. “The Fed needs to articulate very clearly how

In the near-term, Apple (AAPL) might have its work cut out for it. The soft macro environment and COVID-19 backdrop are expected to keep consumer demand trends down in the dumps for some time. But, take a step back and look at the big picture, and you’ll see that the tech giant has a “once

Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an undetermined number of both involuntary and voluntary job cuts, with Coca-Cola planning to offer voluntary

In the current stay-at-home environment, it’s all about e-Commerce. While the shift from brick-and-mortar retail to online shopping had already been underway for quite some time, COVID-19’s romp around the globe certainly accelerated it. To this end, companies everywhere are making a significant effort to keep up with the trend. This includes the likes of

A child wearing a face mask sits on the Charging Bull statue, also known as the Wall Street Bull, following the outbreak of the coronavirus disease (COVID-19) in New York, August 19, 2020. Carlo Allegri | Reuters September is historically challenging for the market, but stocks could start the month on an upswing after what

The markets are up, and the bulls are running. According to Mike Wilson, chief US equity strategist for Morgan Stanley, now is the time to buy in. Wilson believes that the market’s recent rise signals “a pretty darn good” economic recovery in store for us next year. “We think that a return of topline growth

Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Ulta Beauty — Shares of the retailer gained 6% after the company’s second-quarter profit topped expectations. Ulta earned 14 cents per share during that time period, compared with the

Shares in Okta (OKTA) dropped 4% in Thursday’s after-hours trading, despite the company reporting solid earnings for the fiscal second quarter. Specifically, Q2 Non-GAAP EPS of $0.07 beat Street estimates by $0.09. However, GAAP EPS of -$0.48 fell short of consensus forecasts by $0.07. Revenue came in strong at $200.45M, easily beating Street expectations by $14.08M and

by Venus230 Antifa & BLM have no right to hurt people Antifa & BLM have no right to destroy property of innocents Antifa & BLM have no right to intimidate and threaten Antifa & BLM have no right to push their agenda on people forcably The people are fighting back through their elected representatives. Let’s

Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines after the bell:  Ulta Beauty — Shares of Ulta Beauty soared 18% in extended trading after the beauty retailer