Stock Market

In this article VRM BMBL Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters Check out the companies making headlines after the bell on

by Chris Kimble Red hot Ark ETF (ARKK) has cooled off of late, losing over 30% of its value. Is it about to fall another 30%? If this pattern is correct, it is possible it does! ARKK looks to have formed a bearish descending triangle over the past 14-weeks. Currently, it is testing the bottom of this

When companies report mixed earnings, investors’ reactions can go either way. Sometimes, amidst so-so data an outstanding metric will stand out, causing investors to send shares higher. But the opposite also holds true. Looking at the reaction to CarLotz (LOTZ) Q1 earnings report, investors decided the negatives outweighed the positives and sent shares tumbling as

Traders look on as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 31, 2019. Brendan McDermid | Reuters Red-hot consumer inflation data for April spooked markets and raised concerns that

Harvard University’s student newspaper discovered that over 40 percent of faculty members believe that the school’s standing is worsening. The Crimson asked professors “how they believe the University’s standing within higher education has changed over the past decade.” Professors were largely pessimistic about the school’s status: 41 percent say it has fallen, 53 percent say it

Telecom equipment play Ericsson (ERIC) has been a solid performer over the past year. Last March, when markets tanked due to the outbreak of COVID-19, shares recovered in just a few months. As the 5G rollout helped to boost demand, the stock continued to climb. Now, after the stock soared from around $8 per share

Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – A European Union court ruled in Amazon’s favor in a $303 million tax case, scrapping an EU mandate that Amazon pay back taxes to Luxembourg. The court rejected the contention that Amazon had received an unfairly favorable tax deal. Wendy’s

by  Kimble Charting One of the most exciting and relentless investing trends of the past 4 years is the strength in growth stocks versus value stocks. But that trend is in jeopardy… and may be signaling caution to the broader market as high beta growth stocks continue to slide in 2021. Today’s “monthly” ratio chart

The new Biden Administration took office facing an array of challenges, and for the most part it has met them with predictable tactics. Key among those policies: massive fiscal stimulus, defined by three major spending bills totaling $6 trillion. This tremendous spending binge has been justified by the Democrats in the White House and Congress

Check out the companies making headlines in midday trading.  Palantir — Shares of the secretive analytics and software firm rose 7.4% after it reported 49% revenue growth for its first quarter, thanks in part to the economic recoveries in the U.S. and the U.K. Palantir, which has both government and corporate clients, booked sales of

by Michael Snyder 2021 was supposed to be the year that life went back to normal.  Obviously that is not happening, and so a lot of prominent voices out there are going to be forced to update their narratives.  Global events have really started to accelerate, and so many of the things that the “doom

A revenue miss in Q1 hasn’t impeded Lumen Technologies’ (LUMN) forward charge in 2021. The stock has accrued share gains of 47% so far, and the forward momentum continued after the company delivered the first quarter’s financials. Investors were content to overlook soft top-line numbers and instead focus on the bottom-line beat. Specifically, the telecommunications

Image showing the Colonial Pipeline Houston Station facility in Pasadena, Texas (East of Houston) taken on May 10, 2021. Francois Picard | AFP | Getty Images If the Colonial Pipeline is not back in business by the weekend, prices could continue to rise at the pump and there will be broader localized fuel shortages across

by RedditTreasuresThis is unfolding at an insane pace, and the media is letting it cook / asleep at the wheel. Search #FuelShortage on Twitter for endless videos pouring in, it’s falling apart fast. Video coming out of Asheville, North Carolina show the fuel shortage in effect. Some gas stations are completely out of supply, while

MKS Instruments (MKSI) agreed to acquire Photon Control (PHO) for approximately C$387 million. The latter is a manufacturer of fiber-optic measurement solutions used in semiconductor wafer fabrication. Following the announcement, shares of MKSI fell by as much as 4.8%, while shares of PHO spiked 16.7% on May 10. The semiconductor solutions provider is making this

Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The company lost 55 cents per share for its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson’s space flight company also

Are we seeing some signs of danger in the markets? At first glance, it wouldn’t seem so. The S&P 500 is sitting just below its record high, as is the Dow Jones average. The big tech giants – Amazon, Apple, Alphabet, Facebook, and Microsoft – all posted great results in their recent earnings reports. And

In this article AFRM RBLX WYNN SPG SPCE Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Check out the companies making headlines after the bell on Monday: Virgin Galactic — Virgin Galactic fell more than 4% during extended trading after the space company

by Michael Snyder It sure didn’t take long for the Joe Biden era to start resembling the Jimmy Carter era.  Prices are going up so fast that even the mainstream media can’t stop talking about it.  This has already become a major national crisis, and it should be exceedingly obvious to everyone that it is only

WELL Health Technologies Corp (WELL) announced that it has recently completed a transaction to acquire an 85% stake in New England Anesthesia Associates (NEAA), effective May 1, 2021. NEAA provides anesthesia services to an outpatient surgery center in Guilford, Connecticut, and other staffing services that serve the surrounding area. WELL Health Chairman and CEO Hamed

In this article BOX INTC MAR The Intel logo is displayed outside of the Intel headquarters in Santa Clara, Calif. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading.  Marriott — The hotel stock fell more than 3% after the company reported a revenue miss. Marriott did beat earnings estimates,

by Amy S. Chaos in America : Cities Are Being Turned Into Crime Ridden War Zones The United States has never faced a more severe law enforcement crisis than it is facing right now. All over the nation, police officers are quitting in droves, and many of those jobs are going unfilled because of the

Global investment firm KKR & Co (KKR) has agreed to invest in specialty films producer Charter Next Generation (CNG). Leonard Green & Partners, L.P. will be an equal co-owner with KKR while a subsidiary of the Abu Dhabi Investment Authority (ADIA) will acquire a minority stake in the company.   CNG’s products are used in

Twilio (TWLO), which is a provider of APIs and other technologies for communications, did not impress Wall Street with its quarterly report on May 5. On the news, shares dropped by 8% to $307, bringing the market capitalization to $53 billion. So, let’s get a run-down of the quarterly numbers. Revenues jumped by 62% to

By Chris Black Motto: Unlimited digital currencies to combat unlimited fiat printing.  What could go wrong? Maybe the biggest news about Elon Musk hosting the SNL freak-show on Saturday night is that he publicly admitted to have Asperger’s disease.  And if that’s not just another one of his cons, it raises an important question: is

Investors who appreciate the fast pace of Bitcoin (XBT) and Ethereum (ETH) will like HIVE Blockchain Technologies (HVBTF). This stock can serve as a proxy for accounts that do not permit cryptocurrency trading, such as some retirement accounts. HIVE is involved in green energy, which is a red-hot market in 2021. Plus, HIVE now has

On April 22, Skyworks Solutions, Inc. (SWKS) announced that it has entered into a definitive agreement with Silicon Laboratories, Inc. (SLAB), under which Skyworks will acquire the infrastructure and automotive business of Silicon Labs for $2.75 billion. Skyworks is already one of the leading chip suppliers to smartphone manufacturers including Apple, Inc. (AAPL). The acquisition

Enbridge Inc (ENB), North America’s largest energy infrastructure company, swung back to profit in the first quarter of 2021. The pipeline company has benefited from a steady recovery in oil prices and energy demand. Enbridge’s operating revenue came in at C$12.2 billion in the quarter ended March 31, 2021, up from C$12 billion in the

Take a look at some of the biggest movers in the premarket: Etsy (ETSY) – Etsy shares plunged 11.1% in premarket trading after the online crafts marketplace warned of slowing user growth. Etsy beat estimates by 12 cents a share, with quarterly profit of $1.00 per share. Revenue also beat forecasts. Etsy declined to provide

Telus Corp (T) revenue increased 9% in its first quarter, but profit fell almost 6% from a year ago. The national telecom company reported 31,000 net additions of mobile customers and 51,000 fixed customers, thanks in part to the Telus’ PureFibre service. Telus’ revenue came in at C$4.02 billion for the quarter ended March 31,