Yandex NV (YNDX) has risen Thursday morning, with the stock adding 4.72% in pre-market trading to 44.11. YNDX’s short-term technical score of 11 indicates that the stock has traded less bullishly over the last month than 89% of stocks on the market. In the Internet Content & Information industry, which ranks 132 out of 146 industries, Yandex NV ranks higher than 13% of stocks. Yandex NV has fallen 30.60% over the past month, closing at… Source link
Read More »Stock market news live updates: January 27, 2022
Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into the close after the Federal Reserve signaled interest rate hikes could come as soon as March. The central bank held rates at near zero following a two-day policy meeting that concluded on Wednesday, citing plans to halt pandemic-era policy of asset purchases first. The Federal Open Market Committee, however, reaffirmed it will wrap up… Source link
Read More »Stock futures add to losses ahead of Fed decision
Stock futures opened lower Tuesday evening after another volatile session on Wall Street, as investors looked to the Federal Reserve’s latest monetary policy meeting and press conference to remove some uncertainty on the outlook for monetary policy. Contracts on the S&P 500 sank. The index closed lower for a fifth time in six sessions on Tuesday, in a session which saw stocks rebound off their lows but fail to break into positive territory, as had been the case during Monday’s rollercoaster… Source link
Read More »Stock market news live updates: January 25, 2022
U.S. stock futures were little changed in post-market trading Monday after equities staged a historic turnaround at the end of a whipsaw session wrought by heightened fears over rate hikes and a lackluster start to earnings season. Geopolitical tensions in the Ukraine also weighed on markets. Contracts on all three major indexes hovered near the flatline heading into overnight trading. Earlier in the afternoon, the Dow recovered losses of more than 1,100 points to end higher, and the S&P 500… Source link
Read More »Leon Cooperman’s Performance in 2021: 10 Best Stock Picks
In this article, we discuss Leon Cooperman’s 10 best performing stocks in 2021. If you want to skip our detailed analysis of Cooperman’s history, investment philosophy, and hedge fund performance, go directly to Leon Cooperman’s Performance in 2021: 5 Best Stock Picks. Leon Cooperman is an American billionaire hedge fund manager and long-time investor. He is best known in the financial circles for founding Omega Advisors in 1991, which is a New York-based investment advisory firm. He… Source link
Read More »Ending lawmaker stock trades is a part of being ‘more transparent with the American people’: Sen. Kelly
Sen. Mark Kelly of Arizona joined with fellow Democratic Senator Jon Ossoff of Georgia last week to lay down a marker on when their colleagues on Capitol Hill should be able to trade stocks. Never, they say. The two Senators proposed the most aggressive option so far to ban stock trading not just by lawmakers but also by members of their immediate family: the Ban Congressional Stock Trading Act, which would confiscate a lawmaker’s entire salary if they break the rules. In an interview with… Source link
Read More »Stock futures open lower, Netflix slides after subscribers miss
Stock futures opened lower after another slide in equity markets during the regular trading day, with investors rotating further away from growth and technology stocks that had outperformed early on during the pandemic. Earlier, the Nasdaq dropped another more than 1%, adding to losses after sinking into a correction earlier this week. The Nasdaq Composite has now fallen nearly 12% from its most recent record high from November. Shares of Netflix (NFLX) sank in late trading after the Source link
Read More »Peloton stock is crashing on reports it’s halting production of bikes and treadmills
The bad news flywheel continues to be spinning in warp speed at Peloton (PTON). Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporarily halt production of its bikes and treadmills due to sluggish consumer demand. Shares fell below the company’s September 2019 IPO price of $29. The company will reportedly stop producing its bikes for two months and treadmills for six weeks. A Peloton spokeswoman didn’t return Yahoo… Source link
Read More »Apple stock has made a huge move higher — is it time to sell?
A top Wall Street analyst thinks Apple’s stock (AAPL) is at risk of an earnings day sell-off, which would ultimately be a buying opportunity. “Apple shares are up 19% since the October 4 low (vs. 5% for the S&P 500) suggesting December quarter upside is largely priced in,” warned Morgan Stanley tech analyst Katy Huberty in a new research note Thursday. Huberty expects Apple to report a better than expected quarter on Jan. 27, and guide to a relatively in line March quarter. If the stock… Source link
Read More »What’s next for the internet stock?
Yandex stock value has remained on a downtrend in the first couple of weeks of 2022 as shares have shed more than 15% of their value since the start of January amid tighter macroeconomic conditions. A spike in interest rates in the US amid elevated inflation readings and hawkish remarks from Federal Reserve officials has contributed to depress tech stock valuations. As of 19 January, the yield of US 10-year Treasury Notes stood at 1.83% – the highest reading since the pandemic started –… Source link
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