Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle earned $1.54 per share for its latest quarter, beating the consensus estimate of $1.31 a share. The business software company’s revenue topped estimates as well. The company forecast current-quarter profit below consensus, however, as it increases investment in its
admin
Yet another stock popped this morning thanks to Reddit-based investors. But unlike other meme stocks, Arrival (NASDAQ:ARVL), the company behind ARVL stock, will stand the test of time. Source: Arrival media So what exactly does the latest company to go meme-status actually do? Well, Arrival produces commercial electric vehicles, servicing the United Kingdom, United States
Nokia (NYSE:NOK), the Finnish telecom company, changed its dividend policy on Mar. 18 with its Capital Markets Day presentation. After having withheld a dividend payment last year even though the company was profitable, it has now decided to “update” its policy. As a result, NOK stock might have a chance of moving significantly higher this
Fisker (NYSE:FSR) detailed ongoing operating and capital spending plans in its latest Q1 earnings release on May 17. A capital raise looks likely for the electric vehicle (EV) car maker, and likely to wreak havoc on FSR stock, at least until investors have visibility on when, exactly, they can expect Fisker to start producing free
There has been quite a bit of analysis and speculation on Dogecoin (CCC:DOGE-USD) so far this year, much of it mostly worthless analysis as the digital coin is not a business with revenues and cash flow. The only question that remains in my opinion is when and how fast Dogecoin returns to zero — or
A child passes by the Marriner S. Eccles Federal Reserve Board Building on Constitution Avenue, NW, on Monday, April 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Members of the Federal Reserve now see two interest rate hikes in 2023, according to the central bank’s so-called dot-plot projections. Wednesday’s forecast showed 13
In this article STT Traders on the floor of the New York Stock Exchange. Source: NYSE This will be a very tricky Federal Reserve meeting for traders, but it won’t be much easier even after the gathering. Even if the Fed adopts a best-case, stay-the-course-on-tapering-and-rate-hikes scenario at the end of its two-day meeting Wednesday afternoon,
In this article CCL NCLH GM LZB RUN KIN ORCL GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by John F. Martin for GM Check out the companies making headlines
One of the most important and true maxims in the stock market is don’t fight the Fed. The U.S. Federal Reserve is the master of the financial universe. What its voting members believe, are enacted into monetary policy – the most important of which is the prevailing interest rate. That policy determines everything in the
Although growth names almost always attract the most attention on Wall Street, diversification is everything. Even if you’re a young investor with a strong appetite for risk, it never hurts to consider the top dividend stocks. Of course, that’s a bit of a challenge right now because the intense speculation in the market has driven
There’s been plenty of talk about GameStop (NYSE:GME) stock going to the moon in 2021. At the same time, there’s been plenty of people pounding the table that the stock is overvalued. Source: Northfoto / Shutterstock.com For sure, GME stock is overvalued compared to where it was just a year ago. The stock is up
Workhorse (NASDAQ:NYSE) gained 5.3% today on word that the company is filing a legal challenge to USPS’s contract decision. Back in February, WKHS stock tanked when USPS announced, in a surprising turn of events, that they’d be partnering with Oshkosh (NYSE:OSK) instead of crowd-favorite Workhorse. But this boost won’t undo February’s massive plummet, and it’s
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we learned about the three different credit organizations that rate a company’s debt. Those three organizations are Standard
This is how to trade options, more specifically, the vertical spread. The vertical spreads are fantastic option spreads to trade when you’re looking to trade out larger dollar stocks because it allows you to use less capital for trading those bigger stock. First I want to show you the diagram behind what it looks like
A Leisure Stock to Consider as the Economy Reopens and One That Shines in Beauty Business.
Many investors historically have turned to safe haven assets such as precious metals in times of economic and political turmoil. One way to gain exposure is by owning companies in the metals and mining industry, which are involved in the exploration, extraction, and sale of metals and other minerals. These materials are used in a
Hunter Horsley, CEO of Bitwise Asset Management and executives celebrate the launch of an ETF at the New York Stock Exchange, June 1, 2021. Source: NYSE Henry Kravis, Stanley Druckenmiller and Bridgewater CEO David McCormick have invested in Bitwise Asset Management’s Series B funding. The cryptocurrency index fund manager raised $70 million from a handful
In this article DKNG XOM VRM New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Sage Therapeutics — Shares of the drug maker fell about 17% after the release of study results for its
One of the latest initial public offerings, Oatly (NASDAQ:OTLY) has so far avoided the curse that befell many IPOs before it. Though it’s not a guarantee that OTLY stock will continue moving northward, investors can take some encouragement from the auspicious start. Source: Katrinshine / Shutterstock.com Mainly, the company and its underlying oat-based alternative to
A few months ago I tried to warn readers away from Castor Maritime (NASDAQ:CTRM). Source: Pavel Kapysh / Shutterstock.com I didn’t pull punches. I talked about how penny stocks are easy to manipulate. I even threw in some 19th century references. But some of you got in anyway. Maybe someone on Reddit told you this