Tag Archives: Stock

InvestorsObserver is giving Yandex NV (YNDX) an Analyst Rating Rank of 71, meaning YNDX is ranked higher by analysts than 71% of stocks. The average price target for YNDX is $86.428 and analyst’s rate the stock as a Strong Buy. Wall Street analysts are rating YNDX a Strong Buy today. Find out what this means to you and get the rest of the rankings on YNDX! Why are Analyst Ratings Important? Fundamental research of the underlying… Source link

A good day for the offenses in this year’s Super Bowl could mean a good year for the stock market is in store, according to new data from S&P Global Market Intelligence. Super Bowls in which the final combined score was higher than 45 points, the stock market returns 15.9% on average, while returns average only 8.2% when the combined score is 45 or less. Before you go and fire your financial advisor and replace them with a subscription to ESPN+, you should know that the dataset is somewhat… Source link

Stock futures dipped Thursday evening to add to earlier losses across the three major indexes, with jitters over a swift tightening of financial conditions increasing on the heels of a multi-decade high print on inflation. Contracts on the S&P 500 fell. The index slid by 1.8% earlier on Thursday and the Nasdaq dropped 2.1%, as technology shares came under pressure while Treasury yields spiked. The benchmark 10-year yield broke above 2% for the first time since August 2019. Stocks sold off and… Source link

U.S. stock futures edged higher heading into overnight trading Wednesday after Wall Street’s main benchmarks were lifted by an influx of strong corporate earnings in an upbeat earlier session. The Walt Disney Company (DIS), a component of the Dow, unveiled first quarter 2022 results after the bell on Wednesday that sharply beat estimates. Better than expected growth for the entertainment giant’s streaming service Disney+ and a recovery in theme park attendance sent shares up as much as 9%… Source link

If you are bullish on stocks, best hope the NFC’s L.A. Rams pummel Joe Burrow’s Cincinnati Bengals. That is, of course you are a big believer in the Super Bowl Indicator. The often bantered about Super Bowl Indicator suggests that stocks rise for the full year when the Super Bowl winner has come from the NFC, but when an AFC team wins it falls. Of course this is insane in principle as stocks move up and down based on expectations for the future earnings of their underlying companies (see Meta… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 9, 2022 The looming era of ‘not particularly positive’ returns Unless your name is Meta (FB) or Peloton (PTON), the fourth quarter earnings season has been surprisingly kind to corporate America. Leaving the beleaguered social network (whoops, I mean metaverse pioneer) and fitness brand aside, Q4 results have continued to post… Source link

Stock futures opened higher Tuesday evening as investors considered another batch of solid quarterly corporate earnings results and looked ahead to more reports. Contracts on the S&P 500 extended gains from the regular trading session. The blue-chip index, along with the Dow and Nasdaq, each ended higher on Tuesday. Chipotle Mexican Grill’s (CMG) stock gained in late trading after the fast-casual restaurant chain posted a quarterly earnings beat and saw margins expand despite concerns over… Source link

The explosive growth in passive trading, a fear of missing out, and a blind faith in “celebrity CEOs” have contributed to froth in high growth tech names, according to Harvard lecturer and renowned writer Vikram Mansharamani. Now, the author who made a name spotting market bubbles in his book “Boombustology: Spotting Financial Bubbles Before They Burst,” says another one may be about to pop. “I believe a passive investing bubble has been brewing and may, in fact, have started showing some… Source link

Google parent Alphabet Inc. disclosed that Larry Page, co-founder and current board member, has sold more than $80 million worth of shares, a couple of days after the stock shot up on the back of a blowout earnings report and stock-split announcement. Both the Class C shares and more-active Class A shares rose 0.4% in premarket trading. In filings with the Securities and Exchange Commission after Friday’s closing bell, the internet search giant said… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, February 7, 2022 Bigger isn’t always better. Case in point: Lots of trading desks are locked in on the dramatic underperformance of the small-cap Russell 2000 Index amid the bounce-back in broader stocks from the late January lows. The Russell 2000 — which is often viewed a proxy for the strength (or lack thereof) of the domestic economy… Source link