Stock Market

The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson | Getty Images Clover Health Investments — Shares of the health care company jumped 9.5%, pushing its weekly gains over 13% as Reddit-fueled speculative trading in the name continued. Clover said in

Sharing is Caring! by Michael Snyder They would like us to believe that what we can see happening right in front of our eyes is not actually real.  Over the past year, our politicians in Washington have gone on the largest spending binge in U.S. history by a very wide margin, and the Federal Reserve

In a report released today, Gobind Singh from JMP Securities maintained a Buy rating on Evelo Biosciences (EVLO – Research Report), with a price target of $38.00. The company’s shares closed last Wednesday at $15.75. According to TipRanks.com, Singh is a 2-star analyst with an average return of 5.0% and a 42.9% success rate. Singh

In this article CXM BYND SCS Source: Beyond Meat Check out the companies making headlines after the bell:  Beyond Meat — Shares of the plant-based meat company dipped 1.3% in extended trading after JPMorgan reported that Dunkin’ recently discontinued the Beyond Sausage breakfast sandwich. “We personally enjoyed the Beyond Sausage sandwich at Dunkin’ and thought

Sharing is Caring! Vaccine has ‘likely association’ with heart inflammation in teens The latest data show over 1,200 16-24-year-olds have developed rare heart conditions after receiving Pfizer or Moderna jabs. A CDC safety group has admitted the link is “distinct.” As of 11 June, 267 cases have been detected after one vaccine, 867 after two,

Semiconductors are increasingly being used in different applications, including 5G, data centers, Internet of Things (IoT), mobiles and automotive applications. According to a Fortune Business Insights report, while the semiconductor market was worth $425.96 billion last year, it is expected to grow to $803.15 billion in 2028. This indicates a compounded annual growth rate (CAGR)

Take a look at some of the biggest movers in the premarket: GlaxoSmithKline (GSK) – The drugmaker’s stock rose 3.5% in the premarket after it detailed plans to spin out its consumer health-care business into a separate company. Glaxo will eventually receive an $11 billion payment from the new company. MicroStrategy (MSTR) – MicroStrategy rallied

Sharing is Caring! By Egon von Greyerz When will the wax melt that holds up the global economy? Hubris is driving humans and markets ever higher and closer to the sun. The higher everything goes, the greater the risk that the wax melts and the wings that are supporting the global economy just fall off and

Sharing is Caring! by Michael Snyder As if we didn’t have enough weird things going on, now birds are suddenly dropping dead in large numbers all across the eastern half of the country.  Before they die, a lot of these birds are exhibiting very strange symptoms.  Experts are telling us that in many cases birds

The electric vehicle (EV) segment is an increasingly crowded space.  Comprising a mix of both small startups sensing a disruptive opportunity and legacy auto makers afraid of getting left behind, the competition is only set to intensify as the decade progresses. Tesla, Nio, Ford and GM are all big names drawing most attention, but all

In this article GME SBH RCL CRWD PTON COIN A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the stationary bike company

Wingstop (WING) has come to consumers’ rescue, tackling the chicken wing shortage head-on with its virtual thigh product offering. Thighstop, a virtual restaurant with more than 1,400 outlets, is the company’s response to escalating wing prices. Thighspot will serve up crispy chicken thighs in 11 flavors, and customers can opt for either a bone-in or

Take a look at some of the biggest movers in the premarket: GameStop (GME) – The videogame retailer’s stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion. MicroVision (MVIS) – MicroVision shares slid 10.8% in the premarket after the

In this article SAFM GSAT FANG PPC A worker wearing a protective mask fulfills an online order at a Stew Leonard’s supermarket in Paramus, New Jersey, on Tuesday, May 12, 2020. Stew Leonard Jr. said that the meatpacking plant the company uses is operating at about 70% capacity, and he expects it to rebound to

Sharing is Caring! by Michael Snyder You might want to become familiar with “black fungus”, because cases are popping up all over India right now.  In recent months, India has become the epicenter for the COVID pandemic, and many COVID patients are also developing Mucormycosis (also known as “black fungus”).  If “black fungus” attacks you,

Analysts have been eager to weigh in on the Utilities sector with new ratings on Imperial Oil (IMO – Research Report), Paramount Resources (PRMRF – Research Report) and Advantage Oil & Gas (AAVVF – Research Report). Imperial Oil (IMO) BMO Capital analyst Randy Ollenberger maintained a Hold rating on Imperial Oil today and set a

In this article GSBD ACI Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. DoorDash — Shares of DoorDash added about 5% after the food delivery company announced a partnership with Albertsons on same-day grocery delivery from nearly 2,000 stores. “Leveraging our extensive logistics network and Albertsons’ wide

Sharing is Caring! By Chris Black This from ZeroHedge: As The PPT heads to The White House, Friday’s plunge in stocks and bond yields is magnificently erased ahead of a smorgasbord of FedSpeak this week… Nasdaq is lagging but Dow and Russell 2000 are roaring higher this morning… …and along with the S&P have erased

Multinational firm CNH Industrial (CNHI) has signed an agreement to acquire South Dakota-based precision agriculture technology provider Raven Industries (RAVN) for $2.1 billion. CNH Industrial designs, produces, and sells agricultural equipment and construction equipment, trucks, commercial vehicles, buses, and special vehicles, as well as powertrains for industrial and marine applications. The company plans to fund

Take a look at some of the biggest movers in the premarket: MicroStrategy (MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion of China’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings

Sharing is Caring! by Michael Snyder Over the past couple of years we have become accustomed to expecting the unexpected, but soon we many have to start anticipating the unthinkable.  In this article, I am going to be discussing a couple of potential scenarios that would have been unimaginable to the vast majority of Americans

It has been a tough week for shareholders of Ping Identity (PING), which operates an identity software platform. The company announced the follow-on offering of 6 million shares from one of its major investors, Vista Equity Partners. The deal was struck at $24 but has swiftly tumbled on the news. Stocks are now fetching $23.70

Sharing is Caring! by Charles Hugh-Smith What if everyone in the market realizes it’s now the moment to front-run the crash? We have a fine-sounding word for running with the herd: momentum. When the herd is running, those who buy what the herd is buying and sell what the herd is selling are trading momentum, which sounds so

We’re halfway through the year, and while the markets have been volatile, investors are having a good time so far. The S&P 500 has gained 11% year-to-date, and the tech-heavy NASDAQ has gained 9%. With the Fed keeping interest rates at historic lows, stocks are offering better rates of return – and they are keeping

NIO Inc. (NIO) designs and manufactures high-tech electric vehicles in China. As a major player and innovator in connectivity, autonomous driving, and artificial intelligence technologies, it competes directly with Tesla (TSLA). The main value for NIO comes from its competitive positioning in the luxury electric vehicle market (especially SUVs) in China, stemming from its comparable

Take a look at some of the biggest movers in the premarket: CureVac (CVAC) – CureVac shares plunged 46.2% in the premarket after the German drugmaker reported disappointing results from a study of its experimental Covid-19 vaccine. The treatment was 47% effective in a clinical trial, compared to more than 90% for other mRNA-based vaccines

Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)

Sharing is Caring! by Kimble Charting Rising commodities prices have been all over the news for several months. The rally has been broad-based and persistent. So what could possibly derail the commodities rally? U.S. Dollar strength. King Dollar has not been so king-like over the past several months… but it is starting to show strength after double-bottoming

Step by step, life is returning to pre-Covid-19 patterns. The resumption of travel, the economic reopening and return to the workplace are all signs normalcy is resuming. However, for the businesses rolling out Covid-19 vaccines, the “opportunity” might be longer-lasting. At least this is what RBC’s Daniel Busby senses when assessing Pfizer’s (PFE) Covid-19 vaccine

Traders on the floor of the New York Stock Exchange. Source: NYSE The Federal Reserve’s signal that it is looking to step away from some of its easy policy is expected to be a dominant trading theme in the week ahead and likely for the rest of the summer. In the past week, investors repositioned