Tag Archives: Stock

Google parent Alphabet Inc. GOOG 1.61% said on Feb. 1 that it will enact a 20-for-1 stock split, giving shareholders 19 more shares for every one they own.  Stock splits had fallen out of favor over the last two decades. But since the pandemic Apple Inc., Tesla Inc. and now Alphabet have revived the practice in an effort to make their shares more affordable for individual… Source link

Larry Page (L) and Sergey Brin (R), the co-founders of Google, at a press event where Google and T-Mobile announced the first Android powered cellphone, the T-Mobile G1. (Photo by James Leynse/Corbis via Getty Images) James Leynse | Corbis Historical | Getty Images Google parent Alphabet announced plans for a 20-for-1 stock split on Tuesday as part of the technology company’s quarterly earnings statement. Alphabet stock was up more than 7% following the news. The move comes a year and a half… Source link

The buy-the-dip crowd is circling the markets like a hungry shark does a wounded whale after a brutal January. “The equity market sell-off is overdone in our view, and we reiterate our call to buy the dip, particularly in cyclicals and small caps,” said JPMorgan strategist Marko Kolanovic in a new research note.  That is easier said than done for most investors following a tough start to the year for markets. The S&P 500 index sold off to the tune of 5.3% in January, marking its worst monthly… Source link

Contracts on Wall Street’s main indexes edged lower in pre-market trading Tuesday after stocks bounced back from a losing streak in the previous session to cap the last day of a historically volatile January in the green. Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite fell in overnight trading after the S&P 500 recorded its roughest monthly performance since March 2020 in Monday’s session. Meanwhile, the Nasdaq Composite narrowly avoided its worst-performing… Source link

If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those hikes. “I think it’s a flattish market, to be honest,” Harris told Yahoo Finance Live on Monday. “I think for now we have had the near-term corrections and the markets had to deal with the fact that the Fed isn’t going to be completely friendly going forward. They helped drive the stock market. Now they… 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, January 31, 2022 Remember your first bad breakup? I bet it was painfully brutal. The weeks full of tears. The instant anger at the sight of life itself. The endless worrying if your ex was already seeing someone else. The parking outside of their house from 9 p.m. to 4 a.m. with the lights off to watch if they went anywhere (or was that… Source link

Rivian’s stock has an electric amount of upside potential.  At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas.  The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed. “An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and… Source link

Stock futures opened higher Thursday evening as investors took in earnings results from some major tech companies at the end of another volatile week.  Contracts on the S&P 500 gained. Dow futures also advanced, as component stock Apple (AAPL) jumped in late trading after the iPhone-maker reported record quarterly sales and better-than-expected profits despite supply chain challenges. Meanwhile, Robinhood (HOOD) shares sank after the trading platform missed on quarterly revenue, posted a… Source link

Lucid shares fell as much as 14% on Thursday amid a selloff in electric vehicle stocks. The high-end EV maker is falling in sympathy with Tesla (TSLA) after the industry giant warned about supply-chain challenges.  Despite Tesla’s top and bottom line beat for its fourth quarter, investors are focused on product delays and parts constraints.  “Our own factories have been running below capacity for several quarters as supply chain became the main limiting factor, which is likely to continue… Source link

NEW YORK, Jan. 27, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for NOW, NFLX, YNDX, WDC, and AAPL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock. Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system… Source link