Stock Market

The spotlight has shone on Bionano Genomics (BNGO) in 2021. The life sciences company is getting a lot of attention due to Saphyr, its genome imaging system, and the role it can play in transforming the cytogenetics space. Oppenheimer’s Kevin DeGeeter says his positive outlook for the company is partly based on Saphyr’s potential to

A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Levi Strauss – Shares of the retailer jumped

From Birch Gold Group It’s been a little while since we examined China’s aim to weaken the dollar through forming its own state-controlled digital currency (also called cryptocurrency). But now it appears that China is moving forward with its own central bank digital currency (CBDC), per the Wall Street Journal. That move could have global implications: A thousand years ago,

Despite year-to-date gains of 61%, shares of Novavax (NVAX) have retreated by 44% since the yearly highs of early February. However, according to B. Riley analyst Mayank Mamtani, the stock is well-positioned to resume its upwards curve ahead of a potential near-term catalyst. Results from the Phase 3 PREVENT-19 study for Novavax’ Covid-19 vaccine candidate,

A man wearing a protective face mask walks by 14 Wall Street in the financial district of New York, November 19, 2020. Shannon Stapleton | Reuters The earnings reporting season gets underway in the week ahead, and it is expected to be a positive catalyst that could continue to send stocks higher for now. The

Shares of Carnival (CCL) have soared by 35% year-to-date and it’s not hard to see why. A potent combination of the economy reopening, a vaccinated populace and pent-up demand for cruises, have fueled the optimistic rally. That said, Deutsche Bank analyst Chris Woronka warns that an over-exuberant outlook might come back to bite the bulls.

People crowd outdoor dining at a restaurant as coronavirus disease (COVID-19) restrictions are eased in Ann Arbor, Michigan, U.S., April 4, 2021. Emily Elconin | Reuters The economy has entered a period of supercharged growth, and instead of fizzling, it could potentially remain stronger than it was during the pre-pandemic era into 2023. Economists now

by Charles Hugh-Smith The lesson of China’s Cultural Revolution in my view is that once the lid blows off, everything that was linear (predictable) goes non-linear (unpredictable). There is a whiff of unease in the air as beneath the cheery veneer of free money for almost everyone, inequality and polarization are rapidly consuming what’s left of common ground in

After a volatile first quarter, Q2 has kicked off in style, and the major indexes sit at – or hover near – all-time highs. The government bond market has also been steadying as yields have pulled back after rising higher earlier in the year, soothing investor fears that inflation could get out of hand. Moreover,

Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 34 cents per share for its latest quarter, 9 cents a share above consensus. Revenue also came in above Wall Street forecasts with help from a 41% rise in digital sales. The apparel

by Martin Armstrong Biden has targeted guns with the end goal to disarm America entirely. He has stated: “No amendment to the Constitution is absolute.” The real objective is to compel everyone to register every gun so they can enter your house without a warrant to seize your weapons. What they are doing is dripping

J.P. Morgan analyst Stephen Tusa has taken a look at President Biden’s infrastructure plan, and more specifically, how it affects General Electric’s (GE) power-related businesses. The analyst says the extension of PTC (production tax credits) represents an overall positive for onshore wind. However, with an extension of the ITC (investment tax credits) and its expansion

by confoundedinterest17 Thanks a boatload Joe Biden, Janet Yellen and Jerry Powell. Low-income Americans bore the brunt of job losses when the pandemic arrived. Now they’re getting hit hardest by price increases as the economy recovers. The headline consumer inflation rate in the U.S. remains subdued, at 1.7% — but it masks large differences in what

A woman walks past the GameStop store inside the Susquehanna Valley Mall. An online group sent share prices of GameStop (GME) and AMC Entertainment Holdings Inc. (AMC) soaring in an attempt to squeeze short sellers. Paul Weaver | LightRocket | Getty Images Check out the companies making headlines in midday trading.  Costco – The retailer’s

The travel and tourism industry took a beating last year and according to the International Air Transport Association (IATA), 2020 was the worst year in the history of air travel demand. This translated into big losses for the airline industry with IATA estimating industry losses at $118.5 billion. The pain is likely to continue in

In this article AMZN FUBO LEVI The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell on Thursday: Levi Strauss –

By Chris Black Motto: I bet Madison’s original wording was: “shall not be infringed, mofo”. CBS: Washington — President Biden unveiled his first attempts to curb gun violence on Thursday, announcing a set of modest moves designed to begin revamping federal gun policy by tweaking the government’s definition of a firearm and more aggressively responding

In a recent review of the market’s current conditions, JPMorgan strategist Eduardo Lecubarri recaps his view that 2021 will see modest gains across stocks generally – but outperformance among the small/mid-cap sector. Lecubarri believes that investors can find opportunities for big upside among stocks in that class. Driving the general stocks gains, Lecubarri points to

Take a look at some of the biggest movers in the premarket: GameStop (GME) – The video game retailer said board member and Chewy co-founder Ryan Cohen would become chairman of the board of directors following its annual meeting. GameStop gained 2.2% in premarket trading. Box (BOX) – The cloud computing company announced a $500

ONLY ONE? Top Biden officials busted telling an enormous lie about ‘infrastructure’ plan: Wow! A whopping 19 million jobs created! Who could oppose that!? There’s just one problem: This 19 million figure is based on a gross distortion of an economic report. The claim that Biden’s spending bonanza would create 19 million jobs has no basis

Remember back in February, when we were worried about a market correction? Back when the NASDAQ dipped 10% from its peak… Yeah, well, never mind about that. Markets are up, up, up lately. A strong jobs report last Friday has helped, showing 916,000 new positions in March, the best print since last August, and almost

Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans to sell up

by Michael Snyder The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020.  We have never seen that many businesses wiped out in such a short period of time in the entire history of our country.  Meanwhile, we have

With vaccinations providing much needed hope in the fight against the COVID-19 pandemic, travel and tourism stocks have surged. Among cruise stocks, Carnival Corporation (CCL) has gained 75% in the last six months and has out-performed industry peers like Royal Caribbean (RCL) and Norwegian Cruise Line Holdings (NCLH). However, it seems that CCL stock is

Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Carnival, Norwegian Cruise Line, Royal Caribbean — Shares of the major U.S. cruise lines jumped on Wednesday amid

by confoundedinterest17 Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 2, 2021. The Refinance Index decreased 5 percent from the previous week and was 20 percent lower than the same week one year ago. The seasonally adjusted

RPM International, a manufacturer and seller of specialty chemicals, reported better-than-expected fiscal 3Q (ended Feb. 28) results, with top-line growth being the primary driver. RPM International’s (RPM) 3Q net sales increased 8.1% year-over-year to $1.27 billion and exceeded the consensus estimate of $1.21 billion. The outstanding performance was driven by a 6.4% rise in Construction

Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat announced the opening of a new manufacturing facility in China, its first outside the United States. The plant-based food company said the new factory would significantly increase its ability to deliver products in the region. Beyond Meat

by Jim Quinn So we have the highest gasoline taxes in the country here in PA, but we have the 2nd most crumbling bridges in the country. We also have the highest toll charges per mile in the country. This money is supposed to be used to keep roads and bridges from crumbling. It’s a

Last Friday, Tesla (TSLA) announced Q1 delivery numbers, in the process crushing the estimates. Wall Street applauded Musk and Co.’s performance and duly sent shares higher in the subsequent session. Overall, Q1 deliveries hit a record 184,800 vehicles, amounting to a 109% year-over-year uptick and coming in well ahead of the Street’s 172,230 forecast. Model