Stock Market

Since going public last October, fuboTV (FUBO) has attracted a fair number of detractors, who have claimed its business model is untenable in the long-term. However, following the release of the sports-focused streamer’s Q2 earnings on Tuesday, it is getting increasingly hard for the bears to convincingly back up their stance. FUBO once again blew

In this article AMD RKT DIS HNST PFE ABNB General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California. AaronP | Bauer-Griffin | GC Images | Getty Images Check out the companies making

Sharing is Caring! from Kerry Lutz’s Financial Survival Network [embedded content] Today I speak with Eric Hadik who has been spot on with precious metals predictions for years, and has unmatched insight in this field. Eric walks us through the 40 year cycles of currency wars that have taken place throughout history that allow us to comprehend what

Most of the marquee names have already delivered the quarter’s financials but not all. One industry giant yet to report its quarterly performance is Nvidia (NVDA). The chip behemoth will deliver fiscal second-quarter results after the market close on Wednesday, August 18th. It’s going to be another good one according to Deutsche Bank’s Ross Seymore.

Traders works at the New York Stock Exchange (NYSE), August 4, 2021. Andrew Kelly | Reuters Investors bid up cyclical stocks in the past week, but the economy will have to prove that the reflation trade — a bet on economic growth — is the way to go as concerns about Covid linger. Markets are

Sharing is Caring! by Chris Black Okay, they issued a correction, so it’s cool: “We reported 5,800 in one week. It was actually 783 in 6 weeks.” t.co/czrAFDATzl — Brent Scher (@BrentScher) August 12, 2021 That’s one heck of a correction. t.co/UBBgV0OXXm pic.twitter.com/uhxkYABwR3 — Steven Dennis (@StevenTDennis) August 12, 2021 Jeez, Texas Tribune, the hospitalization

In this article SONO BMBL UTZ CYB-FF PLTR EBAY Check out the companies making headlines before the bell: Palantir Technologies (PLTR) – The software platform company matched Wall Street forecasts with adjusted quarterly earnings of 4 cents per share and revenue beating analyst forecasts. Sales rose 49% from a year ago, and the stock rallied

A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Disney — Shares of Disney jumped more than 4% in after-hours trading after the media

Shares of WELL Health Technologies Corp. (WELL) jumped nearly 7% on Thursday morning after the company posted strong growth in revenue in the second quarter of 2021. Indeed, the omnichannel digital health company’s revenue for Q2 2021 came in at C$61.8 million, nearly six times higher than the C$10.6 million reported in Q2 2020. The

In this article SONO COIN HIMS MU MQ BMBL Marqeta Headquarters in Oakland, Calif. Yalonda M. James | San Francisco Chronicle | Hearst Newspapers via Getty Images Check out the companies making headlines in midday trading. Opendoor — Opendoor soared about 18% after reporting a quarterly loss of 24 cents per share, 10 cents less

Sharing is Caring! From Birch Gold Group Two years ago, the debt ceiling was lifted. Lifting the debt ceiling to make room for more government spending has been pretty routine since since 1917. Until now… While it’s quite likely that U.S. debt had already reached the point of no return around three years ago, amazingly the situation might

Shares of 1stdibs.com, Inc. (DIBS) were down almost 19% in Wednesday’s extended trading session after the company delivered weak debut second-quarter earnings results since its IPO in June this year. 1stdibs.com is an e-commerce company with a leading online marketplace that sells luxury items like furniture, home décor, fine art, and jewelry. Currently, the company

A “For Rent” sign is placed in front of a home in Arlington, Virginia, U.S., June 8, 2021. Will Dunham | Reuters Sharp post-pandemic price increases in some parts of the economy appear to be fading, but rent is one area in which inflation is expected to stick around. The consumer price index rose 0.5%

Sharing is Caring! by Adam Hamilton of Zeal LLC The US stock markets continue to power ever higher to an endless series of new records.  Leading the way are the big US stocks, with extraordinary gains fueled by the Fed’s radically-unprecedented money printing.  The winding-down Q2’21 earnings season illuminates how these massive companies are faring fundamentally.  While their

One strategy for selecting top stocks is to track insider transactions. After all, if insiders are dipping into their own pockets you can imagine it’s because they believe the stock looks compelling. A Harvard study revealed that insider purchases earn “abnormal” returns of more than 6% per year. The authors of the study conclude that insider buyers

Sharing is Caring! by Michael Snyder We haven’t had an extended bout of painful inflation like this since the days of the Carter administration, and our leaders in Washington have decided that the best way forward is to rapidly create even more inflation.  They keep using words like “transitory” to describe the current inflation crisis,

In this article EBAY A RIDE SONO eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: eBay — Shares of eBay are down 2.4% after the company reported disappointing revenue for the second quarter. EBay

Compared to last year’s revenue-free Q2, Virgin Galactic (SPCE) generated sales of $0.57 million in 2Q20, primarily a reward for carrying NASA experiment payloads on the VSS Unity’s 21st flight to the edge of space. That said, the company reported a wider loss than expected. To be fair, both the top-and bottom-line results are of

In this article WW COIN LUV PRGO WEN GOOS-CA Check out the companies making headlines before the bell: Canada Goose (GOOS) – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However,

Sharing is Caring! by confoundedinterest17 US inflation remains nears its highest level since 1991, but moderated slightly. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis after rising 0.9 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all

Discount supermarket chain Grocery Outlet Holding Corp. (GO) delivered disappointing second-quarter results, with year-over-year declines and both sales and earnings falling short of expectations. Shares fell 2.4% following the news in the after-hours trading session on August 10. The company reported adjusted earnings of $0.23 per share, down 28% year-over-year, which also missed consensus estimates

In this article DDD IIVI SAM KSU Casper’s subway campaign Source: Casper Check out the companies making headlines in midday trading. 3D Systems — The 3-D printing company’s stock surged about 40% after it reported second-quarter earnings of 12 cents per share, beating the 5 cents a share consensus estimate, 3D said it had made

In this article FUBO COIN POSH Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Poshmark — Shares of the retailer dipped nearly 7% in

Plug Power (PLUG) might have reported a steeper loss than expected in its latest quarterly report, but Oppenheimer’s Colin Rusch chose to focus on the hydrogen fuel cell maker’s top-line beat and raise instead. “With PLUG delivering upside to 2Q21 revenue expectations and raising 2021 revenue guidance, we believe the company is making sound decisions

Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images Inflation in July is expected to be its hottest since the start of the pandemic, suggesting that the sharp rise in consumer prices has reached its peak, economists say. Economists expect to see an increase in

Take a look at some of the biggest movers in the premarket: Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by privately-held food producer Cargill and agriculture investment firm Continental Grain. The all-cash deal represents an 11.3% premium over Friday’s closing price for Sanderson

Wall Street analysts often tell investors to shut out near-term noise and focus on a stock’s long-term prospects instead. It’s a piece of advice reiterated by Oppenheimer’s Colin Rusch following Velodyne Lidar’s (VLDR) latest quarterly results. “While VLDR’s 2Q21 results were below expectations,” the 5-star analyst said, “We believe the company continues to progress on

The RealReal exterior Soruce: CNBC Check out the companies making headlines after the bell on Monday. Kansas City Southern — The railway holding company is up 6.2% amid reports that Canadian Pacific Railway is planning to make an increased offer on it of $300 per share in a cash-and-stock deal. People familiar with the situation

Sharing is Caring! by Frank Holmes, CEO, U.S. Global Investors In 1905, the first gas pump appeared in St. Louis, Missouri, to meet the fueling demands of a rapidly growing number of motorists. Before this innovation, which resembled a handheld water pump, people topped off their cars with gasoline they purchased in cans at the

It was not long that the world was witnessing Covid-19’s retreat and readying itself for a return to normalcy. That has proved to be presumptuous with the mutant strains and Delta variant, in particular, indicating the coronavirus remains with us for the time being. Which in a macabre sort of way might be good news