Stock Market

The promise of an end to the coronavirus era has resulted in renewed optimism around cruise stocks. There was an industry wide uptick following the release of Royal Caribbean’s (RCL) latest quarterly statement. RCL shares climbed by 9% in the subsequent session. Year-to-date, the stock is up by 21%, and currently at its highest point

Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell on Monday: Square – Shares of the financial services company slipped 4.1% amid news news that Square purchased $170 million in Bitcoin. Square also reported quarterly results that beat analyst expectations. The company earned 32 cents per share

By Chris Black Markets shivered on Tuesday, and everybody on Wall Street panicked for a moment, as investors realized that debt is unsustainable and yields will have to stay artificially low for a very long period of time. Tesla stock also took a beating as yesterday’s selloff intensified. The problem with Tesla is that there

The market appears in the midst of a correction, with sharp pullbacks across the board. The tech sector looks particularly vulnerable as valuations have soared during the stock market’s extended rally. One such highflying tech name is Square (SQ). The fintech player has benefited from strong Covid-19 tailwinds and the pivot toward digital payments, in

Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer beat quarterly estimates by 3 cents with earnings of $2.65 per share. Revenue came in above estimates as well. Comparable store sales jumped 24.5% during the fourth quarter, more than the 19.2% consensus estimate of analysts polled by FactSet. Home

by Kimble Charting Interest rates on the 30-year bond fell 75% from November of 2018 until March of 2020 (1). They have rallied 115% in the past 11-months, after hitting lows in March 2020 at (2). As yields have risen 115% off the 2020 lows, the S&P is up nearly 65% at the same time. Historic rallies by

PAVmed shares plunged 12.4% in Monday’s extended trading session after the medical devices company announced the spin-off of its majority-owned subsidiary, Lucid Diagnostics, into a separate public company. PAVmed’s (PAVM) plan is to either spin-off Lucid Diagnostics through an initial public offering (IPO) or through a combination with a healthcare special purpose acquisition corporation (SPAC).

Washington Post says elites need a bigger say in choosing the President. The elites already sway election with their dollars and services to have a big enough impact on things. Seems like they reworded the headline after some backlash: www.foxnews.com/media/washington-post-changes-headline-after-op-ed-calls-for-elites-have-bigger-say-choosing-president The original article is over a year old if anyone wants to give it a

Despite the reduction in global Covid-19 cases, and the anticipated gradual return to normalcy, the fear of mutant strains remains. Jefferies analyst Michael Yee counts the specter of new variants as one of the main reasons why Moderna (MRNA) is well placed to capitalize. “We strongly believe MRNA is trading on visibility on 2022+ where

Julie Wainwright, CEO, The RealReal Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: Palo Alto Networks – Shares of the cybersecurity company fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $1.55, compared to a Refinitiv

By Chris Black The “virus” appears in China spreading in ONE place only (Wuhan), with scenes that look like from zombie movies (people falling down and “harvested” on the streets by special teams, things that are not happening today). Or, to put it another way, communist lies “swallowed” by the western so-called media with no

Shares of Cooper Tire & Rubber Co. shot up by 28% in US late morning trading as the tire company agreed to be snapped up by peer Goodyear Tire & Rubber Co. in a transaction valued at $2.8 billion. Shares of Goodyear jumped 18% and were trading at $16.42. According to the terms of the

Take a look at some of the biggest movers in the premarket: Dish Networks (DISH) – The satellite TV provider rose 3.2% in premarket trading after it reported quarterly earnings of $1.24 per share, well above the consensus estimate of 75 cents a share. Revenue came in above estimates as well. Dish lost a net

Music streaming and podcast powerhouse Spotify (SPOT) is another name that outperformed in 2020, with pandemic-led tailwinds being reflected in the stock’s price appreciation over the past year (148% gain in the past twelve months). However, like other COVID-19 “stay-at-home” plays, some may fear this growth story is starting to cool. As a result, Spotify

When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at

Danone has clinched a deal to buy US plant-based foods producer, Earth Island, as part of the French food and beverage firm’s plan to generate €5 billion from global plant-based sales by 2025.   Financial terms of the takeover were not disclosed. As part of the deal, Danone (0KFX) has entered into a share purchase agreement to

by Martin Armstrong Spain has imprisoned a rapper for insulting the government in his Tweets. Barcelona ​and many ​other Catalan cities, along with Madrid have been erupting in civil unrest as people protest to demand the freedom of rapper Pablo Hasel, who the government sentenced to prison for nine months because of his tweets which were insults against

Shares of eHealth gained 6.3% and closed at $57.68 on Feb. 19 after Hudson Executive Capital (HEC) ramped up its stake in the health insurance company as the investment company believes that the stock is “undervaued.” According to a company filing, HEC bought 1.5 million outstanding shares of eHealth (EHTH), and now holds a 5.8%

Ultragenyx (RARE) is on the cusp of transforming itself from a developmental stage entity into a stable, rare-drug behemoth along with industry pioneer Biomarin (BMRN). The parallels here are stunning, as RARE is expertly guided by Emil Kakkis, one of the original members of the BMRN stable. Early Success Success in the labs may not

Earnings season is in full swing and next week (Feb 25) Velodyne Lidar (VLDR) will report its 4Q results. The lidar maker already gave a taste of what to expect when it made a 4Q preannouncement on Jan 7. While the company gave a business update on the quarter’s events, Velodyne took its C2021 sales

by howmuch America exports $2.84 trillion in services, nearly twice the $1.85 trillion it imports. Imports of goods stood at $9.23 trillion in 2020, nearly twice the $5.67 trillion it exports. The difference between imports and exports of consumer goods, except food and automotive is $1.85 trillion, the largest imbalance favoring imports. On the flip

B. Riley analyst Mayank Mamtani has long banged the drum for Novavax (NVAX). The latest developments surrounding the company have only reaffirmed his bullish outlook for the vaccine specialist. In fact, “continued strength in execution on NVX-CoV2373 activities pertaining to clinical development, global regulatory filings, manufacturing scale-up, and commercial readiness,” are the reasons why the

The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading.  Applied Materials — Shares of the chipmaker jumped more than 7% after Applied Materials beat estimates during the fourth quarter and issued upbeat comments for the

DraftKings (DKNG) stock has been an impressive performer since the company went public last April, riding the wave of a rising secular trend – online sports betting (OSB). The momentum has continued in 2021, with share gains of 30% year-to-date. Heading into next week’s (Feb 26) Q4 earnings, Oppenheimer’s Jed Kelly thinks the OSB player

The bull of Wall Street is seen during the pass of the snowstorm on January 31, 2021 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images A decline in new Covid infections, along with improving economic data and stimulus hopes, could boost stocks that flourish in a resurging economy

by Martin Armstrong It is snowing a lot in Saudi Arabia. This has nothing to do with CO2. The sooner we start to listen to great research instead of propaganda that has been manufactured to covertly allow the United Nations to dominate the world, which by the way, they have been lobbying for a Carbon

Over the last year, Roku (ROKU) has been a prime beneficiary of coronavirus-driven trends. The acceleration of cord cutting – the shift from linear to CTV (connected TV) – has provided the company both with strong market gains and real-world growth. Heading into the steaming platform’s fourth-quarter earnings, expectations were set pretty high. In the

Take a look at some of the biggest movers in the premarket: Deere (DE) – The heavy equipment maker earned $3.87 per share for its fiscal first quarter, compared to a consensus estimate of $2.14 a share. Revenue also beat forecasts, and Deere increased its full-year earnings outlook amid improvements in the agricultural and construction

Roku posted a profit for the fourth quarter, surprising investors. Additionally, the company surpassed 50 million active accounts, ending 4Q with 51.2 million active accounts. The digital media player company reported diluted earnings per share (EPS) of $0.49, when analysts were expecting a loss of $0.05 per share. Roku’s (ROKU) revenues came in at $649.9

A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Walmart — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart