Stock Market

Sharing is Caring! by visualcapitalist The year 2020 could be categorized as one where debt grew across the board. In the U.S., every generation except the Silent Generation saw their debts rise in the last year. But how much debt does each generational household owe? Gen X are the most indebted Americans followed by the Baby Boomers. The breakdown of

Over the past few years, shares of Chipotle Mexican Grill (CMG) have been on an almost constant upward trajectory. With the stock likely sitting at or very near another all-time high, the company will step up to the earnings plate next week (Tuesday, July 20) to deliver Q2’s financials. Looking ahead to the report, Baird’s

Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to boost stocks with solid earnings reports. That was not the case for some financial sector

Sharing is Caring! by confoundedinterest17 The University of Michigan consumer survey was released this morning and revealed that their consumer sentiment index fell to 80.8 (the index was around 100 prior to the Covid outbreak in March 2020). Inflation expectations for the coming 12 months soared to 4.8%. UMi buying conditions for housing has collapsed (but

Today, Square’s (SQ) co-founder, Jack Dorsey tweeted from his official Twitter handle that SQ is looking at creating a new business that will unify its Seller, Cash App, and Tidal businesses, and focus on “building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services.”

A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images The bond market is defying Wall Street forecasters, as long-term Treasury yields keep heading lower despite a strong economy

Sharing is Caring! by Fabian Ommar If you’ve been following the news this week, you know the crap is hitting the fan ugly and fast in South Africa. Mobs have been looting, ransacking, and destroying supermarkets, grocery stores, restaurants, and shopping centers in cities in the country’s Eastern region. The situation is also tense in Cuba.

Shares of Progressive Corp. (PGR) fell 2.57% after the insurance company reported mixed second-quarter results. In Q2, earnings per share came in at $1.34 per share, better than the $1.08 per share expected by analysts. However, it was a 56% decline from earnings per share of $3.04 reported in the same period last year. Q2

Sharing is Caring! by Chris Black No ideologically Communist state has ever succeeded in implementing Communism. For some reason, the dictatorship phase never seems to “wither away,” as Marx claimed it would. This is how it plays out, every single time: >Commies convince workers that their current elites are evil and must be overthrown >Workers

In this article MRNA SQ AA AOUT VLO Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Check out the companies making headlines after the bell: Square —

Sharing is Caring! From Glenn Greenwald’s Substack: House Speaker Nancy Pelosi (D-CA) is the sixth-richest member of Congress, according to the most recent financial disclosure statements filed in 2019. As the California Democrat has risen through party ranks and obtained more and more political power, her personal wealth has risen right along with it. Pelosi “has

Though many biopharma companies recorded soft sales in the first quarter due to the pandemic, these companies continue to hit the headlines. While the coronavirus treatments are poised to remain in the spotlight, other regulatory and pipeline developments have rebounded after being impacted by the pandemic. For biopharma stocks, factors including clinical trial data, regulatory

In this article MS AMC Check out the companies making headlines before the bell: Morgan Stanley (MS) – Morgan Stanley beat estimates by 20 cents with second-quarter earnings of $1.85 per share, while revenue topped forecasts as well, helped by an acceleration in investment banking activity. Despite the beat, Morgan Stanley shares fell 1.6% in

The U.K. Competition and Markets Authority has given AstraZeneca (AZN) the green light to proceed with its acquisition of U.S.-based Alexion Pharmaceuticals (ALXN). The deal is expected to close on July 21. Upon closing, Alexion shares will be delisted from the Nasdaq. “We are very pleased to have secured this critical final clearance from the

Sharing is Caring! by Charles Hugh-Smith Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill. America’s labor shortage is complex and doesn’t lend itself to the simplistic expectations favored by media talking heads. The Wall Street cheerleaders extol the virtues of “getting America back to work” which is

Following an inauspicious start to life on the public markets, Vimeo (VMEO) shares clawed their way up during June. Interestingly, however, the stock’s rise coincided with revenue deceleration, although Truist’s Youssef Squali says the drop is nothing to be worried about. “Vimeo continues to see strong demand for full-service video solutions,” the 5-star analyst reassured,

A pint of Oatly brand ice cream is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bank of America — Shares of the banking giant fell 3.7% after reporting quarterly

In today’s era, the importance of cloud computing services for enterprise data storage has been recognized significantly, post-pandemic outbreak. Organizations rapidly transitioned to the cloud to adopt remote work to maintain the flow in their businesses, which might otherwise have been impacted by the pandemic-induced restrictions. Therefore, several companies offering cloud-based applications and tools recorded

In this article LB Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus estimate was 77 cents. The bank’s revenue came in below Wall

Sharing is Caring! by Michael Snyder Is something very unusual happening to our world?  Hundreds of giant sinkholes have been suddenly appearing all over the globe, and this is deeply alarming a lot of people.  For months, I have been coming across news stories about giant sinkholes during my daily research sessions, and at first

U.K.-based oil and gas firm BP Plc (BP) has signed an agreement to take complete ownership of its joint venture (JV) with Kentucky-based gasoline and convenience store operator Thorntons. BP will acquire the majority stake it does not own in energy-focused investment firm ArcLight Capital Partners. The acquisition is likely to boost BP’s presence in

Sharing is Caring! by Michael Snyder How does it feel to live in a country with double-digit inflation?  On Tuesday, the Bureau of Labor Statistics told us that the consumer price index has risen 5.4 percent over the past 12 months, and such a high number shocked a lot of people.  But in order to

Big Tech is currently under an onslaught from the lawmakers. Over the past few weeks, the scrutiny has been intense in what appears to be a rare bipartisan effort to curtail the tech behemoths’ influence. Last week, the spotlight turned on Alphabet (GOOGL) with the Google Play Store the main target. Spearheaded by the Attorney

In this article EA JPM GS CAG PEP BA Boeing employees walk by a new Boeing 737-900 at Boeing Field in Seattle Thursday, July 15, 2004. Barry Sweet | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Boeing — Shares of Boeing fell more than 3%. The plane maker cut production

Sharing is Caring! By Chris Black Motto: I want to remind you that the coronavirus is a hoax, and there is no new virus. It is just a rebranding of the flu. We’re over one year into “two weeks to slow the spread”, and the majority of people still believe the Big Pharma owned legacy

The Middleby Corporation (MIDD) announced that it has acquired Belgium-based premium residential appliance brand, Novy. The financial terms of the deal have been kept under wraps. Shares of the U.S.-based commercial and residential cooking and industrial process equipment company were up 1.1% to close at $176.93 on July 12. (See MIDD stock charts on TipRanks) Novy is a

In this article BA JPM PEP Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage giant gained 1.3% in premarket trading, after beating estimates on the top and bottom lines and raising its full-year forecast. PepsiCo earned an adjusted $1.72 per share for the quarter, 19 cents above

The recent approval of Biogen’s Alzheimer’s Disease (AD) drug Aduhelm (aducanumab) has signaled a seismic shift in the AD space. Prior to the go ahead from the regulators, no treatment that sought to address the underlying causes of the notoriously difficult to treat memory-wiping condition had ever been approved. However, following a negative AdCom and

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Aerie Pharma (AERI – Research Report) and Quidel (QDEL – Research Report). Aerie Pharma (AERI) Raymond James analyst Elliot Wilbur maintained a Hold rating on Aerie Pharma today. The company’s shares closed last Monday at $15.65. According to

In this article COF TROW RCL CCL GS CAKE Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Virgin Galactic — Shares of Virgin Galactic were down 14%