Stock Market

Shares of DraftKings rose 6.4% on Feb. 26 as the online sports betting and gaming company’s fourth-quarter results came in better than analysts’ estimates. The company’s revenues shot up by 146% year-on-year to $322 million beating consensus estimates of $232.6 million. Accounting for the pro-forma impact to the combination with SBTech (Global) Ltd. and Diamond
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By MINING.com The world’s two largest money managers have built a combined $170 billion investment portfolio in coal using money from people’s private savings and pension contributions, despite a global push for carbon neutrality, a new report shows. The eye-popping figure pales in comparison to the astronomical $1 trillion in coal investments held by 4,488 institutional
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In what has become an increasingly familiar pattern over the past year, Square (SQ) delivered another strong display when it reported 4Q20 earnings on Tuesday. Driven by surging Bitcoin demand, revenue increased by 141% year-over-year to reach $3.2 billion, beating Street estimates by $50 million. There was a beat on the bottom-line, too, with Non-GAAP
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Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20
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by Tom McClellan Liquidity is bullish for the stock market.  It is even more bullish for small cap stocks and other types of issues which are more sensitive to liquidity.  That is why indicators like the A-D Line are so useful for gauging the health of the liquidity pool.  There are more small cap stocks than
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Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, as well as other so-called “Reddit stocks” like BlackBerry (BB), AMC Entertainment (AMC) and Koss Corp. (KOSS). GameStop surged 55.8% premarket, while AMC rose 12.9%,
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Via International Man International Man: President Biden’s Treasury Secretary—and Obama Fed Chair—Janet Yellen recently floated the idea of taxing unrealized capital gains through a “mark-to-market” mechanism. What is going on here? Doug Casey: When you tax unrealized capital gains—as they do with foreign stocks in a number of countries, like New Zealand, where it made
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Take a look at some of the biggest movers in the premarket: Lowe’s (LOW) – The home improvement retailer reported quarterly profit of $1.33 per share, 12 cents a share above estimates. Revenue also came in above analysts’ forecasts. Same-store sales jumped 28.1%, compared to the 22% predicted by analysts surveyed by FactSet. Lowe’s shares
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Home Depot and Lowe’s stores Getty Images Check out the companies making headlines in midday trading.  Lowe’s – Shares of Lowe’s ticked more than 3% lower after the company said home improvement sales will likely decline in 2021 as more people get Covid-19 vaccines and spend more time outside their homes. Despite the outlook, Lowe’s said fourth-quarter same-store
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From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Bank of America sets a 2021 gold price target of $2,000, why silver could jumpstart the next precious metals bull cycle, and thefts of catalytic converters from cars are on the rise, driven by
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by howmuch Basic internet access to this article isn’t even a thought for people living in extreme poverty. Most of us think of extreme poverty as an abstract concept that we hear about but never see. Yet, as our visualization illustrates, a significant portion of the world’s population lives like this, separated geographically from the
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