Server Adrian Almanza brings entrees to a table at Satay Thai Bistro and Bar, in Las Vegas, Nevada, March 28, 2021. Bridget Bennett | Reuters Job growth in April could top 1 million, though many positions also may have gone unfilled. Economists expect to see job creation in each of the next several months of
admin
Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat lost 42 cents per share for the first quarter, more than double the 19 cents per share loss that analysts had expected. Revenue also missed forecasts, with the company saying the pandemic has dampened both retail and
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 in midday trading. Square – The payment company’s stock rose more than 6% after the company’s first-quarter earnings topped
A help wanted sign is posted at a taco stand in Solana Beach, California. Mike Blake | Reuters The much-weaker-than-expected April jobs report reinforces the Federal Reserve’s easy policy stance, but some strategists still expect the central bank to signal in the next couple of months that it will slow down its bond buying. Economists
Traders on the floor of the New York Stock Exchange. Source: NYSE After April’s disappointing jobs report, market focus will shift squarely to inflation in the week ahead. The tug-of-war over tech stocks will also continue to be a dominant force in the stock market, after Friday’s bounce more than halved the week’s losses in
As the economy opens up again, one sector that stands to benefit in a real way is oil stocks. People begin to consume more, and they’re also leaving their houses to travel, whether for business or pleasure. And while daily commutes aren’t in the cards for many yet, some office time is coming back online.
As its merger with SoFi gets closer to reality, Social Capital Hedosophia Holdings V (NYSE:IPOE) continues to fall. It appears that IPOE stock was the subject of some short-selling activity that is possibly linked to the delay in the merger. The postponement came after the U.S. Securities & Exchange Commission (SEC) updated its guidance about
This is the craziest market I’ve ever seen. We now have conditions like we’ve never traded through before. Most notably is how big a role the U.S. Federal Reserve is playing in equity markets. They have developed a third unofficial mandate to also prop equity markets. As a result, the indices won’t quit rallying, even
The technology behind credit card transactions is miles away from the sector’s origins. Long gone are the days of the swipe of carbon paper machines. They even invented a new term for the sector, fintech, boasting new companies as cool as the name. Source: JHVEPhoto / Shutterstock.com Paypal (NASDAQ:PYPL) stock is one of those new
The transformation from petrol and diesel vehicles to electric vehicles is an important part of the global push towards cleaner energy. Electric vehicle stocks have outperformed traditional automakers in the last year. It’s very likely that pure-play electric vehicle company stocks will remain outperformers. However, almost all automakers are making a gradual shift towards electric
So far, 2021 has been a year full of high hopes surrounding a global economic recovery. With vaccine rollouts at almost full speed in many countries, the expectations for a return to “normal” are very high. However, with the U.S. indices also at record highs, it has become challenging to find up-and-coming stocks this year.
Skillz (NYSE:SKLZ) stock may be finding support at prices between $15 and $20 per share. But, so far, shares in the e-sports competition platform have struggled to bounce back. You may recall that, back in February, this stock traded for prices as high as $46.30 per share. Source: Shutterstock Former SPACs (special purpose acquisition companies)
Nowadays, it’s very popular for younger investors to get their advice on social media forums or from YouTube financial gurus. To me, it sounds like the blind leading the blind. Every year, a new hotshot claims to have the inside path to profitable stocks to buy. And more often than not, the market eventually blindsides
Despite the pandemic, some electric vehicle (EV) companies have been able to deliver, and among them is Xpeng (NASDAQ:XPEV). Although XPEV stock soared more than $70, it has been stalling lately. Source: Andy Feng / Shutterstock.com If you thought that the EV market is ready for a slowdown, you are wrong. The industry is expanding across
What’s new with IBM stock? IBM (NYSE:IBM) announced a milestone in semiconductor manufacturing yesterday. Now, the company is able to produce chips that are just 2 nanometers thick. Source: shutterstock.com/LCV On top of that, IBM CEO Arvind Krishna recently joined the White House and members of Congress in endorsing the Endless Frontier Act. The bill
Costco Wholesale (NASDAQ:COST) stock seldom goes on sale. When it does, income investors need to grab it like one of those prized rotisserie chickens offered at the back of the store. The most recent sale came around the end of February or early March. The COST stock share price fell 20%, from a high of
Dividend stocks are popular among investors. There’s a good reason for this. In fact, there are several good reasons. Besides the returns from growth in the stock’s value, you get dividend payments. These can be plowed back into your portfolio or used for income. Dividend stocks also tend to be lower risk — if the
Income investors have likely become familiar with stocks known as the Dividend Aristocrats and Dividend Kings, which represent stocks with 25+ and 50+ years of dividend increases, respectively. But there are plenty of quality stocks that aren’t included on these lists. Source: Iryna Imago / Shutterstock.com For example, the Dividend Achievers list covers those stocks
Dividend investors often gravitate towards certain sectors that are considered the safest in the market, including well-known sectors such as industrials or consumer staples. But in terms of growth, these sectors can often struggle, meaning investors may have to forfeit growth in exchange for stability. While that certainly has appeal for a lot of investors,
Thomas Siebel, the founder of Siebel Systems (later sold to Oracle (NYSE:ORCL)), took his company public, C3.ai (NASDAQ:AI) at $42 in December 2020. After peaking at $179 on Dec. 22, AI stock has drifted down to $58.74 as of May 5. However, it still trades at a very high valuation on a price-sales (P/S) multiple, despite