Tag Archives: rally

GameStop shares close 104% higher in afternoon rally; up another 100% in after hours

GameStop shares close 104% higher in afternoon rally; up another 100% in after hours

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

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Bitcoin Briefly Drops Below $48K as Analysts Say Rally Overdone, Yellen Comments

Bitcoin Briefly Drops Below K as Analysts Say Rally Overdone, Yellen Comments

Bitcoin swiftly lost altitude early on Monday, dropping over 15% to below $50,000 before rebounding somewhat. The downward price movement came after bitcoin reached new record highs above $58,300 over the weekend. The drop seemed to accelerate as U.S. Treasury Secretary Janet Yellen, speaking at a New York Times event, described bitcoin as “highly speculative asset” that is extremely inefficient for transactions. Yellen also called the amount of energy consumed in processing those… Source link

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Palantir’s 340% Rally Faces Key Tests in Earnings, Lockup’s End – Yahoo Finance

Palantir’s 340% Rally Faces Key Tests in Earnings, Lockup’s End – Yahoo Finance

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

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Stocks resume rally amid strong earnings

Stocks resume rally amid strong earnings

Stocks rose Wednesday as investors eyed a wave of better than expected corporate earnings results and considered these alongside expectations for more fiscal support from congressional lawmakers. The Dow added more than 100 points, or 0.4%, shortly after market open, reaching a record intraday high. Each of the Nasdaq and S&P 500 also rose to record levels Wednesday morning. All three major indexes have performed strongly for February to date, as has the small-cap Russell 2000, which reached… Source link

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The retail rally is bigger than GameStop

The retail rally is bigger than GameStop

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

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Stock futures open slightly higher, extending gains after rally

Stock futures open slightly higher, extending gains after rally

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

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Beal, Westbrook spark wild rally to lead Wizards past Nets

Beal, Westbrook spark wild rally to lead Wizards past Nets

It took a wild rally in the final 10 seconds at Capital One Arena, but the Washington Wizards knocked off the Brooklyn Nets on Sunday afternoon. The Wizards, after Russell Westbrook and Bradley Beal hit a pair of clutch 3-pointers in the span of about four seconds, upset the Nets 149-146. “This was one of the craziest if not the craziest game I’ve ever been around,” Wizards coach Scott Brooks said, via The Athletic’s Fred Katz. Scott Brooks was later than usual to his postgame media… Source link

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Stock futures trade lower after recovery rally

Stock futures trade lower after recovery rally

TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near rock-bottom now, and to no one’s surprise, the Fed is keeping them there. Fed Chairman Jerome Powell may have fed some market pessimism when he spoke after the meeting, and pointed out that unemployment, which has been rising in recent months. For market watchers seeking support, there is solace in the Fed’s monetary… Source link

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Stocks jump, Dow hits record high as bank shares rally amid Georgia runoff results

Stocks jump, Dow hits record high as bank shares rally amid Georgia runoff results

Stock jumped Wednesday as traders awaited final results of the Georgia Senate runoff elections, which will determine control of Congress and shape policy decisions for the coming years. The Dow and S&P 500 each jumped more than 1% to hit record intraday highs, as bank stocks helped fuel the advances. The Nasdaq stayed under some pressure, as markets took the increasing odds of a Democratic sweep in the Georgia Senate races as a possible sign for more anti-trust action against Big Tech… Source link

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At Georgia rally, Trump sounds less certain that victory is at hand

At Georgia rally, Trump sounds less certain that victory is at hand

DALTON, Ga. — President Trump campaigned Monday night on behalf of two incumbent Republican senators whose defeat in runoff elections on Tuesday could cost the party its majority in the U.S. Senate and deliver a symbolic capstone to his own time in office. Clinging to his claims that widespread election fraud had cost him victory in the presidential election in states like Georgia, Trump continued to set his sights on Jan. 6, when he hopes that Congress — and his own vice president —… Source link

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