Tag Archives: Stock

TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same… Source link

For more business and finance explainers, check out our Yahoo U page. For the fifth time in its history, Apple (AAPL) will split its stock. Alongside its earnings report for the third quarter of 2020, Apple announced plans for a 4 to 1 stock split, effective Aug. 24. Shares of Apple were trading close to $420 as of July 31. Stock splits have little fundamental effect on the company itself, but the financial maneuver allows companies to capitalize off of a rising stock price by increasing… Source link

Stock futures were slightly higher Wednesday evening as market participants continued to digest the Federal Reserve’s latest monetary policy statement, which was largely viewed as dovish. Investors looked ahead to the first report on US second-quarter GDP Thursday morning, along with more data on weekly jobless claims and a slew of Big Tech earnings. Market participants are bracing for what is likely to be by far the worst quarterly GDP print on record, with second-quarter GDP expected to… Source link

Google logo is seen through the broken glass in this illustration photo taken in Krakow, Poland on … [+] February 28, 2020. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images After rising nearly 45% since the low in late March, at the current price of around $1,500 per share, we believe Alphabet’s stock (NASDAQ: GOOG) has hit a ceiling with no more room for growth. Google’s stock has increased from $1,057 to $1,500 off the… Source link

(Bloomberg) — Taiwan’s equity benchmark broke a record that stood for three decades, helped by the biggest surge in years for the economy’s biggest stock. The Taiex closed 2.3% higher Monday as Taiwan Semiconductor Manufacturing Co. soared the 10% daily limit. The $35 billion addition to its market capitalization makes TSMC the 12th most valuable stock worldwide, ahead of U.S. retail giant Walmart Inc. The chip producer for the likes of Apple Inc. wields so much influence over Taiwan’s… Source link

Stock market news live updates: Stock futures little changed with earnings, stimulus talks ahead S&P Futures 3,211.25 +7.25 (+0.23%)   Dow Futures 26,402.00 +80.00 (+0.30%)   Nasdaq Futures 10,489.75 +30.75 (+0.29%)   Russell 2000 Futures 1,466.00 +3.60 (+0.25%)   Crude Oil 41.24 -0.05 (-0.12%)   Gold 1,912.80 +15.30 (+0.81%)   Silver 23.33 +0.48 (+2.08%)   EUR/USD 1.1671 +0.0019 (+0.16%)   10-Yr Bond 0.5890 +0.0070 (+1.20%)   GBP/USD 1.2807 +0.0006 (+0.05%)   USD/JPY 106.0150 -0.1070 (-0.10%)   BTC-USD 9,929.45 +22.23

Shares of Google parent Alphabet Inc. GOOGL, +3.09% gained 0.8% in premarket trading, putting them on track to open in record territory, after Mizuho analyst James Lee raised his price target, citing signs that Google’s search advertising was tracking “modestly” ahead of expectations. Lee lifted his target to $1,750, which is 12% above Monday’s closing price, from $1,650, while maintaining the buy rating he’s had on the stock for at least the past three… Source link

Stock futures opened higher Tuesday evening after newly published data from Moderna (MRNA) fueled hopes that a vaccine providing protection against Covid-19 would be developed in the relative near-term. Moderna’s vaccine produced neutralizing antibodies in all 45 patients included in an early-stage human safety trial, according to data published after market close by the peer-reviewed New England Journal of Medicine. The data built on earlier promising, but incomplete, results Moderna had… Source link

Stock futures opened slightly higher Monday evening as investors looked ahead of a slew of earnings results from big banks Tuesday and later this week. Both the S&P 500 and Nasdaq erased earlier gains to close lower during Monday’s regular session. But each had advanced strongly earlier in the day, driven in part by hopes of a Covid-19 vaccine from Pfizer and BioNTech. The Dow closed higher, with a 4% rise in shares of Pfizer buoying the index. More roll-backs of reopening plans put a damper… Source link