Stock Market

Most of the tech giants have reported Q2 earnings but one marquee name has yet to present its quarterly statement. Next Wednesday, August 19, GPU heavyweight Nvidia (NVDA) will report F2Q21 results. Nvidia has been one of the main beneficiaries of the viral outbreak’s consequences. The WFH culture and shelter in place measures inadvertently played

People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Stocks could hang at record levels but gains may be capped until Congress agrees to a new stimulus package to help the economy and the millions

From Birch Gold Group In the past few days, the price of gold has had a setback, dropping from its fresh all-time highs to back below $2,000. After a meteoric rise over the past few months, this pullback was not only expected, but may be the beginning of an opportunity to “buy the dip.” In fact, this pullback

So much is uncertain these days. The coronavirus has came back, but the ‘second wave’ already shows signs of fizzling out. China was in the headlines again recently, as President Trump promised to ban Tik Tok from US access unless it was purchased by a US company. With the November election less than three months

iQIYI Inc. shares are dropping 12% in pre-market trading after the Chinese online entertainment service disclosed that the US Securities and Exchange Commission (SEC) has opened an investigation into the company.   The stock is declining to $19.16 in Friday’s pre-market trading. Nasdaq-listed iQIYI (IQ) said that the SEC is “seeking the production of certain

Check out the companies making headlines before the bell: Brinker International (EAT) – The parent of the Chili’s and Maggiano’s Little Italy restaurant chain reported an adjusted quarterly loss of 88 cents per share, smaller than the loss of $1.37 that Wall Street analysts had predicted. Revenue did come in below forecasts, but Brinker is

Taking the top spot, Apple (AAPL) is the world’s largest company by market cap. Valued at almost $2 trillion, the tech giant keeps swatting away whatever headwinds it encounters. The level of devotion it inspires among its fans is like no other. Mega-cap rivals Microsoft and Amazon might also be considered untouchable titans, but their

Technicians work on machinery at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: Applied Materials — Shares of Applied Materials rose 1.2% in after-hours trading on the back of fiscal third-quarter results that beat analyst expectations. The

With markets apparently in a sustained bull cycle, Wall Street’s analysts have been working hard to find the ‘right’ stocks – the stocks that investors can trust to keep bringing in returns. And those returns may be better than thought possible just a couple of short months ago; the S&P 500 has returned to its

Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade luxury brands reported an adjusted quarterly loss of 25 cents per share, smaller than the 57-cent loss anticipated by analysts. Revenue was also well above estimates, with e-commerce sales providing a boost even as the

by Martin Armstrong COMMENT: Dear Mr. Armstrong, By some weird stroke of coincidence, your recent article “Belgium Files Suit Against Gates & Neil Ferguson” beat me to the punch. I had planned to write you about the need for We the People of Planet Earth to organize ourselves globally and files millions of class actions the

Deutsche Bank downgraded Micron to Hold from Buy amid expectations for lower memory pricing due to supply-demand mismatch. Meanwhile, Deutsche left the stock’s price target unchanged at $48 (1% downside potential). Deutsche Bank analyst Sidney Ho wrote in a note to investors on Wednesday that he expects “consensus estimates” for Micron (MU) to “come down

Mic’Kale Smith, who works as a security guard but has had to take time off to care for her son during the coronavirus disease (COVID-19) outbreak, wears a face mask as she shops with her son Da’Mier at the Tiger Market in Oxon Hill, Maryland, May 20, 2020. Jonathan Ernst | Reuters Consumer prices excluding

It was not a good start to the week for online sports betting (OSB) company DraftKings (DKNG). Shares dropped after it became apparent that college football’s fall season probably won’t kick off.  At a Big Ten conference meeting, the teams’ presidents voted 12-to-2 to cancel the season. This development represents a big blow for DraftKings.

From Birch Gold Group The health of retirement accounts could soon take a big blow, thanks to a combination of rising price inflation and recent monetary policy issued by the Federal Reserve. First, let’s shine a light on the Fed monetary policy… According to an article on the Financial Times, long-term savers will likely reach desperation in the near future,

Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. NurPhoto | Getty Images Check out the companies making headlines after the bell:  Cisco Systems — Cisco shares fell more than 6% in after-hours trading despite reporting fiscal fourth-quarter profit and revenues that topped analysts’ expectations. The results, though better than

Royal Caribbean announced Wednesday that it has secured a binding commitment from Morgan Stanley for a $700 million term loan facility, in another move to cope with the financial fallout of the sailings halt. According to the loan agreement Royal Caribbean (RCL) may draw on the facility at any time prior to August 12, 2021.

Spacex founder Elon Musk celebrates after the successful launch of the SpaceX Falcon 9 rocket with the Crew Dragon spacecraft at the Kennedy Space Center on May 30, 2020 in Cape Canaveral, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading.  Tesla — Shares of the electric carmaker jumped more

by howmuch COVID-19 continues to inflict massive damage on the global economy, but how are some of the most recognizable companies doing? We crunched the numbers for a handful of well known corporations from around the world to visualize just how bad the carnage has been in some corners of the corporate world for the

Zoom Video Communications plunged almost 8% after Salesforce divested its entire stake in the popular video-conferencing company. Zoom (ZM) shares dropped to $231.04 at the close on Tuesday taking its five-day decline to 14% as Salesforce disclosed in a regulatory filing that in the second quarter it sold all of its 2.8 million shares it

CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Tesla — The electric automaker jumped 7% in after hours trading after announcing a five-for-one stock split. Trading will begin on

It has been hard going for long term investors of Adamas Pharmaceuticals (ADMS). The stock has been down trending since the start of 2018. However, at long last investors had something to cheer about. The Emeryville, California based micro-cap added a blistering 77% to its share price in the past 3 trading days. Adamas’ surge

A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020. Wang Ying | Xinhua News Agency | Getty Images The S&P 500 is nearing its all-time high, a level that could serve as a launch pad for bigger gains. Technical analysts, who watch stock charts more than

by IchKommeAusDenBergen Yes the image with the logos is not up2date (over a year old) but the message is still the same, so it’s okay for me. en.wikipedia.org/wiki/News_Corporation_(1980%E2%80%932013)#Split_and_21st_Century_Fox’s_eventual_sale_to_Disney#Split_and_21st_Century_Fox’s_eventual_sale_to_Disney) en.wikipedia.org/wiki/Acquisition_of_21st_Century_Fox_by_Disney

Rolls-Royce Holdings announced on Tuesday that it will need to carry out inspections on its Trent XWB-84 engines after cracks were discovered on a small number of the engines that power the Airbus SE’s A350 plane. Rolls-Royce (RYCEF) said that it did not expect this issue to create “significant customer disruption or material annual cost”

Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines in midday trading. Simon Property Group — Shares of the mall owner rose more than 4% after the

Inovio Pharmaceuticals Inc. plans to initiate Phase 2/3 study trials of INO-4800, its experimental vaccine candidate against the novel coronavirus, in September and produce at least 1 million doses this year.   The company said that it is in the process of finalizing additional manufacturing partnerships in the US and in Europe to meet the

by Chris Vermeulen of The Technical Traders Up until the end of the last week, Republicans and Democrats were locked in heated negotiations regarding the size and scope of pending COVID-19 relief efforts. Our researchers had little hope that any negotiations would be successful given the two sides were so far away from one another in terms of

Check out the companies making headlines before the bell: Marriott – The hotel operator reported an adjusted quarterly loss of 64 cents per share, wider than the 42 cent loss predicted by analysts and the first quarterly loss for Marriott in nearly nine years. Marriott continues to suffer from the impact of a Covid-19 related hit

The last year has a been a dispiriting ride to the bottom for investors of cannabis player Cronos Group (CRON). Over the trailing twelve months, the share price has dropped down by 59%. The decline is a far cry from early last year, when Cronos was a major beneficiary of the hype surrounding the fledgling