Stock Market

It has been an eventful period in the crypto sphere. Elon Musk, China, the IRS, energy consumption, volatility – all the usual suspects have been involved lately as cryptocurrency prices from Bitcoin and beyond crashed. Regardless of the near-term wild volatility – par for the course in crypto – it is hard to ignore the

Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares jumped 3.8% in the premarket after the electronics retailer reported quarterly earnings of $2.23 per share, which beat the consensus estimate of $1.39 a share. Revenue and comparable-store sales also exceeded Wall Street forecasts and Best

Sharing is Caring! by Martin Armstrong As many know, I lived in London years ago. At the upper end of Hyde Park by Marble Arch, there is Speakers’ Corner. That is where anyone could stand up and talk about anything that they wanted. You were free to listen or just walk away. There would often be a

Following in the footsteps of Match Group and Expedia, Vimeo (VMEO) is the latest company to be spun off from Barry Diller’s IAC. The video-software company entered the stock market earlier this week and has made an inauspicious start to life as a public entity, with shares down by 26% already. However, Truist analyst Youssef Squali

Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – The movie theater operator’s shares jumped another 15.4% in premarket trading, following four straight days of gains and a nearly 36% surge in Thursday’s session alone. AMC – popular among the so-called “meme” stocks – has more than doubled

At the start of the year, following Joe Biden’s presidential win and the Dems taking control of the Senate, hopes were high that marijuana reform at the federal level was just around the corner. Accordingly, investors took the developments as a sign to load up on shares of Canadian cannabis stocks – favorable U.S. legislation

A trader works on the floor of the New York Stock Exchange. NYSE May’s employment report is the big event in the week ahead, as stocks enter the often weak month of June. Stocks are finishing May with a mixed performance. Big cap indexes like the S&P 500 and Dow notched gains. The S&P rose

by Charles Hugh-Smith Change the incentives, and the outcomes change. Ecologist Howard Odum provided a profound insight into human expansion, stagnation and collapse. He argued that humans are wired to maximize power output (i.e., consumption) rather than maximize efficiency. In other words, humans are wired to strip the tree of every ripe fruit and throw a

Meme stocks have become ubiquitous in 2021’s stock market. Retail investor favorites, these names have driven outsized gains not because of great fundamentals but often due to a lack thereof. As “stick it to the man” plays, they are mostly underperforming companies often teetering on the edge. It’s safe to say AMC Entertainment (AMC) has

Check out the companies making headlines in midday trading. AMC Entertainment — Shares of AMC Entertainment are in a middle of a roller-coaster session Friday as they turned 5% lower after rallying as much as 38%. By midday, over 360 million shares have already been traded, more than tripling its 30-day average. Shares have already

by Michael Snyder In June, U.S. intelligence agencies are expected to deliver a blockbuster report about the existence of UFOs to Congress.  Needless to say, we have never seen anything like this before in U.S. history.  In the old days, government entities would go to great lengths to try to marginalize anyone that spoke up

Boeing (BA) has agreed to pay a $17 million fine to settle the Federal Aviation Administration (FAA) enforcement cases involving the 737 aircraft. Boeing stock rose 3.87% on Thursday to close at $250.70. The company is a leading manufacturer of aircraft with customers in defense and commercial airline markets. The FAA found that Boeing installed

In this article BA GE ABNB F DLTR DG 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 Check out the companies making headlines in midday trading. Ford — The auto stock jumped 7.3% following an 8%

by Michael Snyder If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget.  Instead of realizing the mistakes that he has made and reversing course, Biden has decided that now is the time to push the accelerator to the floor.  That means that

The professional corps of Wall Street stock analysts is 7,500 strong and growing. Collectively, they present us – every day – with comprehensive reviews on the full list of publicly traded stocks. Their information is invaluable for investors of all stripes – but how to figure out whose advice is worth trusting? The top analysts

In this article HPQ DELL ULTA CRM Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Salesforce — Salesforce shares jumped 5% in extended trading after the cloud-based software company posted

by visualcapitalist Big Tech just keeps getting bigger. On May 26, 2021, Amazon announced its plan to acquire Metro-Goldwyn-Mayer (MGM) studios for $8.45 billion, making it the company’s second largest acquisition to date. Amazon has acquired multiple companies across a variety of sectors from healthcare to entertainment, helping diversify its core revenue. In total, the tech giant

Shares of Emerge Commerce Ltd (ECOM) gained 6% in early trading Thursday after the company reported a record second quarter. Emerge Commerce is a diversified acquirer and operator of e-commerce brands across North America. Its portfolio includes UnderPar.com, trulocal.ca, and JustGolfStuff.ca, among other brands. Emerge’s Founder and CEO Ghassan Halazon said, “Q1 was another record

In this article @LCO.4 @CL.1 Consumers pump gas at a Costco gasoline station on May 11, 2021, in Atlanta, Georgia. Elijah Nouvelage | AFP | Getty Images Gasoline prices are expected to be the highest for a Memorial Day weekend in seven years, and prices could stay elevated all summer, as Americans take to the

By Chris Black John Cena is a washed-out wrestler starring in Fast & Furious 9, and he recently apologized in Chinese (Mandarin) for referring to Taiwan as a country. John Cena apologized in Chinese on Sina Weibo after calling Taiwan a country during an interview promoting Fast & Furious 9 pic.twitter.com/dzRKIYgEzL — Joe Xu (@JoeXu)

Vertex Energy (VTNR) inked a deal to acquire Mobile Chemical LP Refinery from Equilon Enterprises for $75 million. Shares of the leading specialty refinery company jumped 151% in the extended trading session on Wednesday. The deal, which awaits certain regulatory approvals, is expected to close in Q42021. (See Vertex Energy stock analysis on TipRanks) A

Take a look at some of the biggest movers in the premarket: Dick’s Sporting Goods (DKS) – The sporting goods retailer earned $3.41 per share for the first quarter, more than tripling the $1.12 consensus estimate. Revenue also beat forecasts amid comparable sales that more than doubled. Dick’s also gave a full-year outlook that exceeds

Investment firm Morgan Stanley had set a 3,900 year-end target for the S&P 500 – and it’s already obsolete. The index stands at 4,196, a 7.5% above Morgan Stanley’s target. Year-to-date, despite some volatile trading, the S&P is up nearly 12%. Mike Wilson, chief investment officer and US equity strategist for Morgan Stanley has taken

In this article WDAY WSM AMC NVDA SNOW A banner for Snowflake is displayed on its IPO day at the New York Stock Exchange on September 16, 2020. It was the largest software IPO in history and was one of eight CNBC 2020 Disruptor 50 companies to go public, and more Disruptor deals are coming

It is always interesting to watch someone going against the grain. Counter opinions can offer insights which those in line with the consensus view will probably not provide. Which brings us to Deutsche Bank analyst Ross Seymore – currently the lone Nvidia (NVDA) skeptic on Wall Street. Ahead of the GPU giant’s F1Q22 report (Today,

A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment – Meme stocks are popping again amid heightened speculative trading activities. Shares

by David Haggith All those economists who went along with the Fed’s inflation-is-temporary-and-going-per-plan narrative are stunned by the data they now see coming in. They shouldn’t be, as it was predicable. However, they will need to get bigger charts to make room for it. Notice where the last ten data points for the increase in inflationary surprises are

Zscaler, Inc. (ZS), a leading cloud-based security solutions provider, recorded blowout Q3 earnings, outpacing consensus estimates. Shares popped 8.4% in the extended trading session on Tuesday. Earnings more than doubled to $0.15 per share compared to the prior-year period and surpassed the Street’s estimate of $0.07 per share. Revenue came in at $176.40 million, up

Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startup said it needed to raise capital to fund operations and that its production this year would be, at best, 50% of prior projections. Canopy Growth (CGC) – The

by Michael Snyder The global elite have an entirely different perspective on things than most of the rest of us.  Most people are not focused on “global issues” because they have enough to deal with just trying to run their own day to day lives.  But the global elite have so much money that they