Stock Market

In this article VSCO TSLA OXY DVN FANG HOOD The Tesla logo seen on a Supercharger rapid battery charging station for the electric vehicles company Tesla Motors. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Diamondback Energy — Shares of the exploration and production company slid about

Bitcoin finally hit a two-month high, crossing $41,000 after notching its longest streak in almost 8 years. Meanwhile, illiquid supply has hit record highs as BTC logged the biggest weekly price gain in the last three months. The Fundamental Look Bitcoin rallied past the $40,000 psychological level to reach its highest point since May following

Let’s talk about buying low. It’s the starting point to buying low and selling high, of course, the clichéd path toward profits. But the thing about clichés is, they usually have a core of truth. And if you buy at a low price, and sell at a high price, you’ve made a profit. The trick,

Sharing is Caring! by Michael Snyder Just two months ago, most Americans were convinced that the COVID pandemic was on the way out, and much of the country was celebrating as a “return to normal” seemed to be in the cards.  But now the Delta variant has caused a brand new wave that very few

A societal and cultural shift toward alternative energy has fueled the take-off of several industries over the last few years, from electric vehicles and battery technology to hydrogen fuel cell power sources. Even the current U.S. government has been passing favorable legislature to promote growth for the cleaner and greener energy. Plug Power Inc., (PLUG) falls under this

Gilead Sciences (GILD) is a major biotechnology company that is focused on virus infection treatments.  The company’s biggest business unit is its HIV franchise, which generates about three-quarters of Gilead’s revenues. This business, where Gilead holds a leadership position compared to its peers around the globe, is integral for its success, but the HIV treatment

Sharing is Caring! The pace of the economic recovery is starting to decelerate. Our work also shows a link between the risk of serious stock market corrections and slowdowns in economic growth. More details here: t.co/MmTQ9ZCW1o pic.twitter.com/2MbpFbMtod — Lakshman Achuthan (@businesscycle) August 6, 2021 Nervous S&P 500 traders bet that the market’s best days are

In this article EPC W FSLY BKNG The logo of US cloud computing services provider Fastly is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Check out the companies making headlines in midday trading. Robinhood — Shares of the trading app dropped more than 14% after the newly

Sharing is Caring! Via International Man International Man:  How instrumental do you think the debasement of their currency was to the eventual fall of the Roman Empire? How did it affect their culture? Doug Casey: In ancient pre-industrial societies—just like today—you became wealthy by producing more than you consume and saving the difference. One of

In this article ZG DIDI DKNG WEED-CA NVAX GCI Check out the companies making headlines before the bell: Canopy Growth (CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street

In this article NVAX DKNG HOOD DBX SPCE YELP Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the

Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters With fresh evidence the labor market is on the mend, investors’ focus shifts to inflation in the coming week and whether it will continue to heat up or show signs of abating. There is a series

Zoetis (ZTS) delivered impressive second-quarter results, characterized by operational revenue and net income growth. Buoyed better-than-expected results and underlying growth drivers, management has raised full-year guidance for revenue and adjusted net income. Revenue was up 26% year-over-year to $1.9 billion in Q2, beating consensus estimates of $1.82 billion. Additionally, adjusted net income increased 33% year-over-year

A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images July’s strong jobs report puts the Federal Reserve on track to slow its bond purchases — if the spread of Covid-19 doesn’t hurt the economy and hiring later in the

Sharing is Caring! By Chris Black “Our vaccines are working exceptionally well,” CDC Director Dr. Rochelle Walensky tells @wolfblitzer. “They continue to work well for Delta, with regard to severe illness and death – they prevent it. But what they can’t do anymore is prevent transmission.” pic.twitter.com/s83YyBQqeh — The Situation Room (@CNNSitRoom) August 5, 2021

Datadog, Inc. (DDOG), a monitoring and security platform for cloud applications, delivered blowout second-quarter results, aided by strong demand from large customers. Shares closed at a record high of $132.47 on August 5, reflecting a 15% gain. The company reported adjusted earnings of $0.09 per share, growing 80% compared to the year-ago period and easily

In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.

Sharing is Caring! by Michael Snyder Most cryptocurrency owners would never even imagine that someday heavily armed federal agents may come to arrest them when they least expect it.  But this sort of things is starting to happen with alarming frequency.  As long as you adhere to all of the very strict federal rules that

Jamieson Wellness Inc. (JWEL), a manufacturer and marketer of sports nutrition products and specialty supplements, reported solid growth in profits and revenues in its second quarter statements. As a result, the company increased its fiscal 2021 guidance and its quarterly dividend. Revenue for Q2 2021 came in at C$110.6 million, an increase of 18.6% from

A worker machines a screed tower link at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The economy is expected to have added about 845,000 payrolls in July, according to Dow Jones consensus estimate, as America’s workforce gradually rebuilds from its sharp pandemic-induced

Sharing is Caring! by Frank Holmes, CEO, U.S. Global Investors This month, Louis Vuitton turns 200 years old. That’s Louis Vuitton the man, not the company. Born in Jura, France in 1821, the designer opened his first shop in 1854 primarily as a maker of custom travel trunks. Today, Louis Vuitton the company, also known

BCE Inc. (BCE) reported its second-quarter financial results on August 5 before the opening bell. Canada’s largest telecommunications company reported a profit almost three times higher than a year ago. Total operating revenue came in at C$5.7 billion for the quarter ended June 30, an increase of 6.4% from C$5.4 billion in the prior-year quarter.

Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares fell 2.4% in the premarket, despite reporting better-than-expected earnings and revenue and saying its Covid-19 vaccine is 93% effective after 6 months. Moderna earned $6.46 per share for its latest quarter, beating the $5.96 consensus estimate. Cigna (CI) – The insurance

Global professional services company Accenture (ACN) recently announced that it has agreed to acquire supply chain management and strategy consulting firm Blue Horseshoe. The financial terms of the deal have been kept under wraps. Following the news, shares of the company declined marginally in the extended trading session and closed at $316.77. With this buyout,

In this article GM LYFT HOOD Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading. Robinhood Markets — Robinhood shares rose in wild trading as the newly public online brokerage zoomed past its IPO price of $38 per share. The brokerage app surpassed its IPO debut volume of

Sharing is Caring! by confoundedinterest17 As I have discussed before, US commercial banks have taken in more deposits than they lend out. The first big break was in 2009 during the financial crisis and the second break occurred in the Covid recession. After the second break, loans and leases actually decreased while bank deposits skyrocketed. US

The biotech sector is famously volatile. Medical and pharmaceutical research involved both high overheads and years-long lead times, a combination that requires investors to be patient and to count on time frames that can sometimes reach a decade or more. But once a biotech gets a new medication onto the market, meeting a need for

In this article ROKU UBER WYNN MGM EA ETSY Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Check out the companies making headlines after the bell:  Etsy — Etsy shares fell 14% in extended trading despite reporting second-quarter adjusted income and revenues ahead of what analysts had forecast. The company also provided third-quarter financial

Sharing is Caring! By Chris Black Did you see this? DOJ may sue states for returning to pre-COVID voting laws Let me begin today’s article with a little bit of history for context: Back during the “Spanish Flu” there were two separate experiments with healthy young volunteers, 500 each, in Boston and San Francisco. Swabs

Great-West Lifeco (GWO) base earnings increased 17% in its second quarter from a year earlier, thanks to a contribution from Massachusetts Mutual Life Insurance Company. However, net profit decreased 9.2% in the quarter. Great-West Lifeco is an international financial services holding company focused on insurance. Net income attributable to shareholders was C$784 million (C$0.84 per