AMC Entertainment’s (NYSE:AMC) first-quarter results showed rebounding sales with a healthy loss reduction as it looks to return to winning ways in the post-pandemic world. During the first quarter, company sales shot up to $785.7 million, over five times the figure from the same period last year. Moreover, it came in ahead of $743.4 million
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These Warren Buffett stocks are helping the Oracle of Omaha be a winner even in a down market. Occidental Petroleum (OXY): It was the best-performing stock in the S&P 500 in the first quarter. Chevron (CVX): Buffett added another 120 million shares of CVX stock to his portfolio. Bristol-Myers Squibb (BMY): Buffett has a comparatively
In this article 2330-TW ADBE TWTR NVDA AMD Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index], just came out this morning indicating indeed that the retail traders are continuing
In this article RIVN BYND BMBL DIS Close-up detail of the Disney+ app icon on an Apple iPhone 12 Pro smartphone screen. Phil Barker | Future Publishing | Getty Images Check out the companies making headlines in extended trading. Walt Disney — Disney shares rose about 1% in extended trading after the company reported stronger-than-expected
These 3 undervalued housing stocks can deliver attractive returns as the housing market remains strong and is resilient to economic conditions Williams-Sonoma (WSM): Strong sales growth and positive free cash flow trend are bullish Lennar (LEN): The stock price correction offers an investment opportunity hard to pass Toll Brothers (TOL): Strong Q1 earnings report beating
For many people, their homes are their largest assets. At some point in life, many people decide to sell their homes to relocate to another part of the country, upgrade to a larger home, or help finance retirement. There are significant tax code implications that could impact how much net proceeds you end up with
Lucid (LCID) sank to a 52-week low on Tuesday, falling for its fourth session in a row. Last week’s earnings report proved unable to pull LCID stock out of its tailspin. Until the sentiment surrounding unprofitable startups and other high-risk stocks changes, don’t buy Lucid. Source: Around the World Photos / Shutterstock.com Lucid (NASDAQ:LCID) fell for
Specialty lending platform operator Upstart Holdings (NASDAQ:UPST) has stopped going up. UPST stock rallied from its initial public offering (IPO) price of $20 to as high as $400 last year. It has since given back almost all those gains. Shares were trading around $80 heading into the company’s most recent earnings report. Then disaster struck. The earnings
In this article GBTC Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world’s largest bitcoin fund, met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF,
In this article DNUT REAL RBLX COIN An attendee tries out a Electronic Arts video game during the annual Studio Showcase media event at the company’s headquarters in Redwood City, California. Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Unity Software — The stock plunged more than
E-commerce is slumping as consumers spend more of their money on the services and experiences that they were not able to enjoy during the height of the pandemic. Consequently, they are spending less on goods in general and e-commerce in particular. That trend is hurting the shares of most e-commerce companies, including Amazon (NASDAQ:AMZN) stock.
The market turmoil yesterday has been crazy and has shown no signs of abating. The Dow Industrial Index fell by around 2% while the S&P 500 was down 3.2%. Tech stocks were hit even harder with the Nasdaq down about 4.3%. So far this downtrend has continued until today. It is in this market environment
FuboTV (NYSE:FUBO) reported its first quarter of 2022 earnings on May 5 after the markets closed, and FUBO stock is down 18.6% since. While the sports-focused video streaming platform reported 102% revenue growth over last year, the 101% increase in its GAAP losses has spooked some but not all investors. In fact, Wedbush analyst Michael
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show inflation has already reached a peak — a development that some investors say could temporarily soothe markets. But economists say, even with a
If you’re the type that throws caution to the wind, these deflated but intriguing growth stocks to buy may liven up your portfolio in the long run. Bloom Energy (BE): Although the fuel-cell specialist suffered a poor earnings report, the underlying message has become even more critical. Rivian Automotive (RIVN): Highly risky due to supply
These are the 6 undervalued stocks you should buy for the long term that have low price-to-earnings (P/E) multiples, pay good dividends, and also have share buyback programs. McDonald’s (MCD): McDonald’s trades with a 2.23% dividend yield, 25x forward earnings and should do well as a result. The Allstate Corporation (NYSE:ALL) — The insurer has a new
Premiering in 2009, ABC’s entrepreneur pitch show Shark Tank has seen it all. The premise of the show, now in its 12th season, is simple: inventors and entrepreneurs pitch their products to real-life investors (called sharks). The sharks evaluate the products and decide whether to back the fledgling companies with their own money. From alarm clocks
With Twitter (NYSE:TWTR) and TWTR stock facing multiple, tough threats and possessing no major positive catalysts, I recommend that investors sell the shares. Overall, the biggest threat facing Twitter and its shares is the possibility that the takeover of the company — led by Tesla (NASDAQ:TSLA) CEO Elon Musk — will not close. Such an outcome
Clover Health Investments’ (NASDAQ:CLOV) earnings continue being negative although some operating numbers seem to offer hope of a better stock price in the future for CLOV stock. For instance, in February the company announced that its 2022 revenues were expected to be more than $3 billion; this would be largely thanks to a forecast 90%
In this article SOFI Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Shares of SoFi fell sharply on Tuesday and were halted after the company accidentally released its first-quarter results early. The company said the report, which was scheduled for after market close