Stock Market

The analysts at Wells Fargo have been scrutinizing the market, or more specifically, scrutinizing the winners and the losers of the current market conditions. In a recently published note, senior equity analyst Chris Harvey writes, “Risk-on and small-cap outperformance has turned this equity market into a stock picker’s paradise.” Obviously, then, Harvey sees small-cap stocks

CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell on Tuesday: Coupa Software – Shares of the software company climbed 6% after Coupa reported surprise fourth-quarter earnings. Coupa reported earnings per share of 17 cents on revenue of $163.5 million. Analysts polled by Refinitiv

Inflation expectations continue to soar. The US 5-year Breakeven Rate just hit 2.6%. Granted I’m not a genius Fed official, but what does this image look like to you? Remember, the Fed believes inflation won’t hit even 2% for three more years. And then there’s the yield on the 10-Year US Treasury which is about

Investment bankers aren’t always correct about the stocks they recommend buying (or selling). But there’s one thing you can depend on them being useful for: Getting direct access to company management, and digging out facts that may interest other investors. Last week, Deutsche Bank analyst Edison Yu performed this service for outside investors when he

Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Check out the companies making headlines in midday trading.  Ulta Beauty — The cosmetics retailer’s shares dipped more than 3% after Guggenheim downgraded Ulta to neutral from buy. The Wall Street firm said it was concerned about profit margin

Luxfer Holdings, an engineered materials manufacturer, has announced the acquisition of Worthington Industries’ Structural Composites Industries (SCI) business in a cash deal worth $20 million. Notably, Worthington’s (WOR) Structural Composites produces DOT (Department of Transportation) approved composite cylinders for commercial, military, and aerospace applications.  Luxfer’s (LXFR) CEO Alok Maskara said that the addition of SCI

Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines after the bell on Monday: Maxar Technologies – Shares of the space technology company slid 4% after the company announced a common stock offering of $400 million in an SEC filing. Maxar said it intends to use proceeds from the

In one way or another, the pandemic has impacted everyone’s lives across the globe. It has also affected almost every company’s trajectory. Deutsche Bank analyst Sidney Ho set out to find how the pandemic has affected Apple (AAPL), and particularly its flagship product – the iPhone. A recent dbDIG survey indicates that since the pandemic’s

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., U.S., September 23, 2020. Stefani Reynolds | Reuters Odds are high the Fed will move markets this week, no matter how hard it tries not to. With the surge in interest rates and

by confoundedinterest17 A picture is worth a thousand words. And inflation is starting to rear its ugly head. Hopefully the Biden management team of Powell and Yellen avoid the disasters of Venezuela where their 9% coupon bond that went from par of $100 in 2013 to $10.34 today. With gut wrenching inflation (look at the price

BTIG analyst Gregory Lewis counts three reasons why the demand for microgrids is approaching an inflection point: 1) the combination of increasing demand for electricity security, 2) improved microgrid economics as the costs of energy storage systems and solar have improved, and 3) energy cost optimization as electricity prices become volatile owing to the intermittency

Take a look at some of the biggest movers in the premarket: GenMark Diagnostics (GNMK) – GenMark will be bought by Swiss drugmaker Roche for $1.8 billion in cash, or $24.05 per share. Shares of the U.S.-based molecular diagnostic test maker had closed at $18.50 per share on Friday. GenMark surged 29.2% in premarket action.

From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: How the expansion of money supply is boosting gold’s allure, an overview of last year’s precious metals imports to the U.S., and U.S. Mint releases final batch of American Gold Eagle coins

Integrated DNA Technologies (IDT), part of Danaher Corporation (DHR), announced the acquisition of Swift Biosciences. The transaction’s financial details were not disclosed. Shares of Danaher were down about 2% at the end of trade on Friday. IDT provides genomics solutions for various settings such as academic and commercial research, agriculture, medical diagnostics as well as

Software stocks have taken a beating recently as sentiment has turned bearish due to fear of inflation and expectations of interest rate hikes. These fears are not unfounded as interest rates are near historic lows, and even a modest increase can have a dramatic impact on stock pricing models. One of the hardest hit software

Last week, Coupang (CPNG) – which is the largest e-commerce operator in South Korea – pulled off the largest IPO of the year in the U.S. equities markets. The company raised a hefty $4.6 billion and the price surged 41% on the first day of trading, with the market cap hitting $89 billion. The underwriters

by Martin Armstrong I have reported that my cousin who was a frontline nurse in New Jersey got COVID. They insisted she still gets vaccinated. After the first dose, she had a stroke. She has recovered, thank God, but has refused the second dose. In Italy, they have pulled the AstraZeneca anti-Covid vaccines after the

SailPoint Technologies announced its plan to acquire SaaS governance provider ERP Maestro. SailPoint provides identity security solutions for the cloud enterprise space, with the company hoping to combine identity security with ERP Maestro’s Separation-of-Duty (SoD) controls monitoring for critical applications such as SAP. SailPoint’s (SAIL) EVP of products, Grady Summers, said, “With today’s threat landscape,

With drug regulatory approval or rejection at stake, possibly no sector is more adept at delivering massive one-day gains – or for that matter, losses – than the biotech industry. With this in mind, it is safe to say Wednesday brought a smile to the faces of AVEO Pharmaceuticals (AVEO) investors. Shares skyrocketed after the

The electric vehicle (EV) revolution is in its first innings and the industry has only started to gain traction. However, Mizuho analyst Vijay Rakesh says the worldwide focus on sustainable energy and major battery technology advances, make it “one of the biggest transformations in automotive industry history.” At the center of this new paradigm, one

The crypto bull market remains in full throttle. This has been good news for Nvidia (NVDA). The chip giant sells the GPUs used as crypto mining rigs, providing the company with another stream of revenue. RBC’s Mitch Steves estimates that between January 31 and March 7, the company generated between $225 and $275 million in

Check out the companies making headlines before the bell: Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company President David Kimbell. Dillon will move to the role of executive chairman. Separately, the cosmetics retailer beat estimates on the top and bottom lines for

by confoundedinterest17 Another month, another loss of consumer purchasing power. In February, consumers lost another 1.8% YoY in purchasing power. Why? The Federal Reserve has increased their stock on M2 Money by 26.33% YoY while M2 Velocity tanked 20.5% in the latest reading (Q4 2020). This is the monetary version of the Hitchcock film “Strangers on

2021 is still pretty young, but already it’s given investors in Lordstown Motors (RIDE) quite the thrill ride. From Jan. 1 to Feb. 11, that ride was a nearly vertical, 50%-plus blastoff from $20 a share to nearly $31. From Feb. 12 to — well … to today — it’s been nearly as vertical stomach-turning

Traders on the floor of the New York Stock Exchange Source: NYSE Bonds could be volatile in the week ahead. If yields go higher, that could make it difficult for big tech and other growth stocks to gain traction. Rising bond yields have been challenging growth stocks. Names like Apple, Tesla, and Amazon have been

The Nasdaq made a sharp reversal this week, leading the markets’ surge and swinging back into positive territory for the year. The prospects of a $1.9 trillion stimulus package, steadying rates, economic growth, and a retreating pandemic are all reasons for optimism.    The question on everyone’s lips, is does the turnaround indicate the bull

A visitor in front of the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan New York, May 19, 2020. Timothy A. Clary | AFP | Getty Images A year after the pandemic forced the nation into a shutdown, the stock market has been overhauled in ways that Wall Street never imagined.

by Dave Kranzler of Investment Research Dynamics I first presented ARKK as a short idea in the January 3, 2021 of my Short Seller’s Journal issue at $124.49. And of course like every other insanely overvalued stock or ETF, it continued to run higher, with a high-close of $156 on February 12th. As air seems to be leaking out the

Gogo swung to a surprise profit in the fourth quarter. Meanwhile, the world’s largest provider of broadband connectivity services for the business aviation market, saw revenues in the reported quarter decline 10% year-over-year. Despite the results outperformance, shares dropped 1.7% in Thursday’s extended trading session after closing 8% lower on the day, after the company

A logo is displayed next to a gas turbine at the General Electric Co. (GE) energy plant in Greenville, South Carolina, U.S., on Tuesday, Jan. 10, 2017. General Electric Co. is scheduled to release earnings figures on January 20. Sharrett / Bloomberg / Getty Images Check out the companies making headlines in midday trading.  General