Stock Market

by Martin Armstrong Spain has imprisoned a rapper for insulting the government in his Tweets. Barcelona ​and many ​other Catalan cities, along with Madrid have been erupting in civil unrest as people protest to demand the freedom of rapper Pablo Hasel, who the government sentenced to prison for nine months because of his tweets which were insults against
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Ultragenyx (RARE) is on the cusp of transforming itself from a developmental stage entity into a stable, rare-drug behemoth along with industry pioneer Biomarin (BMRN). The parallels here are stunning, as RARE is expertly guided by Emil Kakkis, one of the original members of the BMRN stable. Early Success Success in the labs may not
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B. Riley analyst Mayank Mamtani has long banged the drum for Novavax (NVAX). The latest developments surrounding the company have only reaffirmed his bullish outlook for the vaccine specialist. In fact, “continued strength in execution on NVX-CoV2373 activities pertaining to clinical development, global regulatory filings, manufacturing scale-up, and commercial readiness,” are the reasons why the
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The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading.  Applied Materials — Shares of the chipmaker jumped more than 7% after Applied Materials beat estimates during the fourth quarter and issued upbeat comments for the
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A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Walmart — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart
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The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell:  Tripadvisor — Shares of the travel-booking company fell 1% in extended trading following a wider-than-expected loss.
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by Chris Vermeulen of The Technical Traders There has been quite a bit of chatter related to precious metals lately.  The rally in Cryptos, particularly Bitcoin, and various other stocks have raised expectations that Gold and Silver have been overlooked as a true hedging instrument. As these rallies continue in various other stocks and sectors, Gold and Silver
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Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared to the 5.8% FactSet estimate.
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by Peter Krauth via Streetwise Reports Imagine your favorite company getting sued for holding too much cash. I know, that’s a big statement. But hear me out. Corporations, pension funds and insurance companies—anyone responsible to stakeholders—could one day face class action lawsuits if they don’t diversify into other reserves assets. It’s not beyond the realm of possibility, especially
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Synopsys reaffirmed its FY21 outlook after reporting better-than-expected 1Q results. Meanwhile, the software maker issued 2Q guidance, the mid-point of which only exceeded the Street’s estimates. The stock fell 1.3% in Wednesday’s extended trading session. Synopsys’ (SNPS) 1Q earnings of $1.52 per share beat the consensus estimates of $1.46 per share and grew 50.5% year-over-year.
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Lakeland Industries will repurchase $5 million worth of its outstanding shares, the manufacturer of protective clothing announced on Feb. 17. The new share repurchase program will replace its previous share repurchase program that had about $800,000 remaining for repurchases. Lakeland (LAKE) CEO Charles D. Roberson commented, “The Board’s approval of this new and substantially expanded
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