Stock Market

by David Haggith The state’s new ‘Ethnic Studies Model Curriculum’ extends the left’s cultural dominance of California’s public education system, and seeks to destroy the ‘Christianity, capitalism and racism’ white settlers brought to America. The Department of Education in California – where else? – has approved a 900-page “Ethnic Studies Model Curriculum” designed to “decolonize”

APi Group Corporation, a commercial life safety solutions and industrial specialty services provider, reported better-than-expected 4Q earnings. However, adjusted revenues came in below expectations, impacted by the pandemic. APi Group (APG) reported 4Q adjusted earnings of $0.34 per share that surpassed analysts’ expectations of $0.31 but declined 5.6% year-over-year. Meanwhile, adjusted net revenues of $874

Take a look at some of the biggest movers in the premarket: Intel (INTC) – Intel said it would spend $20 billion to build two new plants at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at

by Jim Quinn The riots and pandemonium in Miami are being blamed on spring breakers. Looking at the photos below, I wonder what colleges these “youngsters” are from. They seem to be fine upstanding citizens. It must be the police fault. There seems to be some sort of common denominator, but I can’t put my

Roku (ROKU) and Amazon (AMZN) – via its Amazon Fire TV and Prime offerings – represent the two biggest cord-cutting platforms. It appears, however, that Amazon has now gotten one up on Roku. Starting in 2023, Amazon Prime has gained the exclusive rights to stream the NFL’s Thursday Night Football. The company will pay $1

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.  Microsoft — Shares of the tech giant jumped about 1.5% as the company reportedly looks to buy

by Lance Roberts The end of the value trade may be near as investors push prices beyond economic growth expectations. Interestingly, it was just last year that I wrote: “The Rotation To Value Is Inevitable.” The critical point of that article was this: “The market’s surge higher since the financial crisis, which has been driven by massive

Does high risk mean high reward? Not necessarily, so say the pros on Wall Street. Specifically citing penny stocks, or stocks that trade for less than $5 per share, analysts advise caution as these names might still be in the early innings, or it could be that they face an uphill battle that is just

A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines after the bell on Tuesday: GameStop – Shares of the video game retailer dropped 11.9% after the company posted disappointing results for its fourth quarter. GameStop

 By Chris Black All of Wall Street belongs in prison. Life in Clown World has never been stranger.  This article caught my attention yesterday:  Tesla shares are up about 5% in pre-market trading Monday after ARK Invest’s Cathie Wood released a “new and improved” price target on the company of $3,000 per share at the

IDEAYA Biosciences, a synthetic lethality-focused precision medicine oncology company, reported a smaller-than-expected loss in the fourth quarter and outpaced analysts’ expectations for revenues. IDEAYA (IDYA) incurred a loss of $0.18 per share in 4Q, compared to the loss of $0.53 recorded in the prior-year quarter. Analysts were expecting the company to report a loss of

Traders on the floor of the New York Stock Exchange. Source: NYSE Pension funds and other major investors should be big buyers of bonds during the next week or so, as they rebalance their holdings to make up for the bond market’s first quarter sell-off. That could send bond yields lower, at least temporarily. Wells

by Michael Snyder Do you believe in UFOs?  Decades ago, if you answered yes to such a question many would have considered you to be a nutjob.  But at this point UFOs are not a “conspiracy theory” any longer.  In fact, even the U.S. government is admitting that they exist, and in just a few weeks we

The Chinese government recently showed Jack Ma who’s boss. Does it now have another outspoken billionaire in its sights? It appears the Chinese government has restricted the use of Tesla (TSLA) vehicles by some state and military personnel, with national security being cited as the reason for the limitations. So, what has Elon Musk done

by Michael Snyder In the social media era, public displays of wealth have become a way to show the world that you are “somebody”.  Of course our value as human beings has absolutely nothing to do with how much money we have, but it is undeniable that those that have tremendous wealth are often idolized

Last week, Luminar Technologies (LAZR) gave its first business update since becoming a publicly traded entity in December. It’s safe to say, the market liked the news. Shares gained 16% in the subsequent session as investors digested what’s in-store for the lidar maker.   Northland analyst Gus Richard was among those impressed. “The key takeaway

In this article VIACA WES OXY RAVN QS In this photo illustration the ViacomCBS logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell on Monday: ViacomCBS – Shares of the media giant dipped 4.3% after the company announced it

by Frank Holmes, CEO, U.S. Global Investors Wall Street thought 2020 was the Year of the SPAC, or special purpose acquisition company (SPAC). Turns out, this title was premature. We’re not quite three months into 2021, and yet U.S. SPACs have already raised more money than the record $83.4 billion that was raised in all of 2020.

Bristol Myers Squibb, a biopharmaceutical company, announced that the US Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) for mavacamten, an investigational, novel, oral, allosteric modulator of cardiac myosin. The drug is designed for the treatment of symptomatic obstructive hypertrophic cardiomyopathy (oHCM). Bristol Myers Squibb’s (BMY) Cardiovascular Development Senior VP Roland

Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The drugmaker said a U.S. study showed its Covid-19 vaccine had 79% efficacy in preventing symptomatic illness, 100% effectiveness against critical disease and hospitalization, and did not pose a higher risk of blood clots. AstraZeneca shares gained 2.2% in premarket

by Charles Hugh-Smith Perhaps we have collectively “lost our mind.” Perhaps what we need is not a new technology but a new way of living that uses existing technologies to echo “old ways” that worked rather well on much lower energy consumption. The Great Reset is much in the news–the proposed top-down plan for combating

Given that its business thrived rather than struggled during the worst of the COVID-19 pandemic, Domino’s Pizza (DPZ) stock delivered a solid performance during 2020. Last March, when markets cratered as the coronavirus spread, Domino’s held up reasonably well. Sure, it saw a brief decline during the market-wide sell-off, but already coming off of a

by Michael Snyder The crisis on the border continues to get even worse, and our existing facilities on the southern border just aren’t equipped to handle the vast torrent of migrants that are flooding in.  So in an attempt to deal with overloaded conditions, the Biden administration plans to start flying migrants that have been

At the end of the day, investors want to see returns. To accomplish this goal, seasoned Wall Street observers often turn to one strategy time and time again: growth investing. A solid growth play is a name that appears poised to not only grow at an above-average rate but also reward investors handsomely over the

Widely recognized for its leading real-time non-structured data search capabilities, Elastic N.V. (ESTC) counts companies such as Uber (UBER), Lyft (LYFT), and Match Group (MTCH) as customers. Despite the ongoing pandemic, Elastic put up some pretty impressive numbers in Q3’21, with year-over-year revenue growth of 39% and a net expansion rate of 130%. Given that the business

by Kimble Charting Is the stage set for Crude Oil to experience a decline of at least 50%? Possible This chart looks at Crude Oil on a monthly basis over the past 20-years. Crude oil created a Triple top over a 2-year period (2012 -2014), then selling pressure drove it down nearly 70% in the next two years. Crude

Sometimes, popular sentiment fuels a market boom, and nowhere is that more evident than in the legal marijuana industry. However, cannabis remains illegal in the US at the Federal level, rendering the various state-level legalization regimes a patchwork of disconnected policies. Still, there is hope that the current Congress may pursue a Federal legalization bill

by David Haggith  This past week we got to observe Fed Chair Jerome Powell and the US stock market and the US bond market do everything I said they would do in their complicated shuffle of ships-and-icebergs: “I’m sure many helium-headed stock investors believe the lilly-livered Fed will turn tail and run from its goal of letting inflation

Cassava Sciences (SAVA) stock is up by 747% year-to-date. As such, you could be forgiven for thinking you’ve missed the boat on this one. No need to worry, according to JonesTrading’s Soumit Roy. The 5-star analyst recently initiated coverage of Cassava with a Buy rating and $110 price target. Investors, therefore, could be pocketing gains

A Five Below location. John Greim | LightRocket | Getty Images Check out the companies making headlines after the bell on Wednesday: Five Below – The discount retailer’s shares ticked up 6% after the company’s fourth-quarter results topped Wall Street analyst expectations. Five Below reported earnings per share of $2.20 on revenue of $859 million.