Stock Market

The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell:  Tripadvisor — Shares of the travel-booking company fell 1% in extended trading following a wider-than-expected loss.
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by Chris Vermeulen of The Technical Traders There has been quite a bit of chatter related to precious metals lately.  The rally in Cryptos, particularly Bitcoin, and various other stocks have raised expectations that Gold and Silver have been overlooked as a true hedging instrument. As these rallies continue in various other stocks and sectors, Gold and Silver
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Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared to the 5.8% FactSet estimate.
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by Peter Krauth via Streetwise Reports Imagine your favorite company getting sued for holding too much cash. I know, that’s a big statement. But hear me out. Corporations, pension funds and insurance companies—anyone responsible to stakeholders—could one day face class action lawsuits if they don’t diversify into other reserves assets. It’s not beyond the realm of possibility, especially
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Synopsys reaffirmed its FY21 outlook after reporting better-than-expected 1Q results. Meanwhile, the software maker issued 2Q guidance, the mid-point of which only exceeded the Street’s estimates. The stock fell 1.3% in Wednesday’s extended trading session. Synopsys’ (SNPS) 1Q earnings of $1.52 per share beat the consensus estimates of $1.46 per share and grew 50.5% year-over-year.
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Lakeland Industries will repurchase $5 million worth of its outstanding shares, the manufacturer of protective clothing announced on Feb. 17. The new share repurchase program will replace its previous share repurchase program that had about $800,000 remaining for repurchases. Lakeland (LAKE) CEO Charles D. Roberson commented, “The Board’s approval of this new and substantially expanded
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by Charles Hugh-Smith The lifestyle you ordered in the euphoria will be out of stock in the panic. Humans running Wetware 1.0 (which is all of us) love to gamble, and we are entranced by the thrill of victory and the agony of defeat. When there’s a market for speculation, these wild swings of emotion manifest as euphoria (I’m
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Amazon’s (AMZN) latest blowout earnings saw the e-commerce giant crossing the $100 billion quarterly revenue threshold for the first time. There was growth across all business segments with several records broken in the process. The forward charge is not about to slow down anytime soon, says Tigress analyst Ivan Feinseth. “AMZN will continue to see
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Check out the companies making headlines in after-hours trading on Tuesday. Verizon – Shares of the telecommunications giant were up 2% in after-hours trading after Warren Buffett’s Berkshire Hathaway revealed a big stake in Verizon. As of Dec. 31, Berkshire Hathaway owned 146,716,496 Verizon shares worth $8.6 billion at the end of 2020. SolarEdge –
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Shares of Rexnord Corp. rose almost 4% in Tuesday’s pre-market trading after the water management solutions provider reported better-than-estimated quarterly results. Rexnord (RXN) posted adjusted earnings per share (EPS) of $0.39 during the third quarter, which came in ahead of the $0.38 expected by analysts. Revenue decreased 0.4% year-on-year to $490 million, but topped analysts’
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Israel’s largest health maintenance organization (HMO), Clalit Health Services Research Institute, has published a research paper that confirms the efficacy of Pfizer’s COVID-19 vaccine in preventing infection and morbidity across all age groups, according to Globes. Clalit surveyed 600,000 Israelis who received the Pfizer (PFE) vaccine and compared the results with 600,000 members with similar
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With the S&P 500 index trading at a P/E of 40.0, the broader market valuations look stretched. While the market outlook remains bullish, an intermediate correction seems likely. From a portfolio perspective, it makes sense to have exposure to fundamentally strong stocks with a low beta. Lockheed Martin (LMT) is a quality name that’s trading
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IBM announced that global energy company BP has joined the tech giant’s quantum network as an industry partner to boost the use of quantum computing in the energy industry. IBM quantum network is a community of more than 130 members, who advance the development of quantum computing and explore practical applications. The partnership will give
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By Chris Black Everything is a psyop nowadays, isn’t it folks? The story of Bitcoin is very interesting. Initially, Bitcoin was released into the wild with a noble mission: to make the financial system obsolete and to bring power to the people, or something along these lines. With Bitcoin they claimed, you can evade NWO’s
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by Martin Armstrong www.armstrongeconomics.com/wp-content/uploads/2021/02/Brazil-WEF.mp4?_=1 Brazil’s Minister of Foreign Affairs Ernesto Araujo stresses the importance of freedom which is absent from the BigTech monopoly that has been forming. He added that he’s not a fan of the great reset, telling World Economic Forum (WEF) President Børge Brende that freedom and democracy are missing on the agenda,
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