Traders on the floor of the New York Stock Exchange. Source: NYSE The reopening story is now getting very real, at least for Wall Street. Today’s crop of earnings reports are chock-full of companies reporting earnings above expectations and, most importantly, raising guidance. Take steel maker Nucor, which reported what CEO Leon Topalian called the
A traveler wearing a protective mask speaks with an attendant at the Southwest Airlines check-in area at Oakland International Airport in Oakland, California, U.S., on Tuesday, Jan. 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AT&T — The telecom and media stock jumped 4.6%
Investors interested in dividend stocks that have strong growth potential should take a closer look at the renewable energy industry. While growth stocks typically do not pay dividends, there are many renewable energy stocks that have attractive dividend payouts. Renewable energy is making up an ever-larger proportion of energy production in the US, and there
The Reddit-induced short squeeze has made many microcap stocks relevant this year. One such company is MicroVision (NASDAQ:MVIS), whose stock has shot up close to 455% in the past 6-months. It traded below $100 million in market capitalization for several years, but the squeeze helped it grow to a mind-boggling $2 billion. Source: shutterstock.com/FabrikaSimf However,
What happens when you can’t pay your monthly bills? Keeping up with them is challenging enough if you live paycheck to paycheck. It can become even more difficult if you experience a drop in income due to a layoff or job loss. Unemployment benefits can help to cover the gap financially, but those payments don’t
As concerns about the Trump trade continue to rise, investors are pouring money into Emerging Market ETFs. Vanguard FTSE Emerging Markets ETF: https://www.zacks.com/funds/etf/VWO/profile?cid=CS-YOUTUBE-FT-VID IShares MSCI Emerging Markets Index Fund: https://www.zacks.com/funds/etf/EEM/profile?cid=CS-YOUTUBE-FT-VID IShares Core MSCI Emerging Markets ETF: https://www.zacks.com/funds/etf/IEMG/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The Biden administration’s ongoing stimulus efforts, combined with the vaccine rollouts across the country, are quickly ramping up the reopening of the U.S. economy. As a result, retail stocks are throwing off Covid-19’s shackles. According to CNBC, March retail sales were up almost 10%, the second-best month on record. One retail stock that has done
Though many publicly traded companies enjoyed surprisingly robust demand following the initial onslaught of the novel coronavirus, very few delivered the gains that Plug Power (NASDAQ:PLUG) did to its lucky stakeholders. On April 20, 2020, PLUG stock closed at $4.42. Following a series of frenetic trades, shares eventually found themselves at $73.18 on Jan. 26,
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon said Wednesday that “justice was served” after a jury found ex- Minneapolis police officer Derek Chauvin guilty on all three charges,
In this article NTGR LVS KMI TDC CHDN CMG WHR David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: Kinder Morgan — Shares of the energy infrastructure company gained 3.5% after the company first-quarter earnings that topped analyst expectations. The company posted earnings per share
In a time when folks are on the hunt for all sorts of high-flying assets, we shouldn’t ignore legendary fund manager Peter Lynch’s “invest in what you know” credo. Costco Wholesale (NASDAQ:COST) stock offers familiarity and low volatility. While Costco probably won’t make you wealthy overnight, the long-term returns have been substantial. Source: Helen89 / Shutterstock.com
As one of the more popular penny stocks on tap, Ideanomics (NASDAQ:IDEX) has certainly generated plenty of positive sessions. On a year-to-date basis, IDEX stock is up 30%, which is good, but not the most impressive figure considering the present euphoria. Nevertheless, it’s a lot better than what many speculative investments generated so far in
What Happened to the Roku Stock Price Today? Source: JHVEPhoto / Shutterstock.com Roku (NASDAQ:ROKU) stock saw wobbly trading Wednesday — at one point, dropping about a percent — on what was otherwise a very strong day for the stock market, and especially for tech stocks. The lack of conviction among traders can be attributed to
Everyone loves the disrupters Cathie Wood buys for her ARK Innovation ETF (NYSEARCA:ARKK). But there are older tech stocks out there that still represent innovation. While ARK favorites like Tesla (NASDAQ:TSLA), Coinbase (NASDAQ:COIN) and Zoom Video (NASDAQ:ZM) look overvalued, investors may be missing some bargains. These companies were big long before the cloud was even
In this article VABK Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic shares fell in trading Tuesday after Ark Invest’s space exploration ETF sold nearly half its stake in the space tourism company. Cathie Wood’s firm sold 275,204 shares of Virgin Galactic from
Traders on the floor of the New York Stock Exchange. Source: NYSE The market is showing some signs of exhaustion, and with good reason. Most major parts of the market have run up significantly in the past month. But there is a growing chorus warning that we are at “peak everything.” That is, peak earnings
Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly earnings of $1.31 per share, 2 cents a share above estimates. Revenue also beat analysts’ forecasts. Verizon lost more wireless subscribers during the quarter than analysts had been anticipating. Welbilt (WBT) – Welbilt shares surged 14.8% in
Carnival (NYSE:CCL) stock has struggled even as the novel-coronavirus pandemic winds down. It’s been the same across all of the cruise industry. Source: Kokoulina / Shutterstock.com Despite impassioned pleading by the companies in the sector and a lawsuit by the state of Florida seeking to end the CDC’s ban on cruises originating from the U.S, the
On today’s show, Preston and Stig learn important lessons about Bitcoin from Trace Mayer. IN THIS EPISODE, YOU’LL LEARN: – How to value bitcoin using the Mayer Multiple – Why bitcoin is about bringing trust to a new monetary system – How bitcoin might look 5 years from now – How to think about the
COVID-19 has created an Apollo Mission status for advanced medical technologies and smart investors are profiting.