Tag Archives: Stock

The world’s largest retailer sees its stock come alive again, finally. Walmart’s stock (WMT) has widely lagged the S&P 500 (^GSPC) this year (3.8% gain for Walmart vs. 18% gain for the S&P 500) as investors fret about slowing sales and earnings growth after a big year of consumers stocking up during the height of the pandemic in 2020. Inflation in labor and transportation (as mentioned by vendors to Walmart in the past few weeks such as Clorox, Proctor & Gamble and Kimberly-Clark) and what… Source link

Yandex’s (NASDAQ:YNDX) stock is up by 6.7% over the past three months. We wonder if and what role the company’s financials play in that price change as a company’s long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Yandex’s ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the… Source link

Stock futures opened mixed Thursday evening, holding near record levels as investors digested the latest, mixed set of economic data and earnings results. Contracts on the Nasdaq and S&P 500 ticked lower, while Dow futures gained. Both the S&P 500 and Dow ended at record closing levels on Thursday, continuing to make new highs as optimism over both the pace of the economic recovery and strength in corporate earnings results lingered.   Disney (DIS) shares jumped in late trading after the Dow… Source link

Stock futures opened little changed Wednesday evening after another record-setting session, as investors took into account a report pointing to contained inflationary pressures and considered the likelihood of more government spending on infrastructure. Contracts on the S&P 500 hugged the flat line. Both the blue-chip index and the Dow rose to record intraday and closing levels for a second straight session on Wednesday.  One of the latest sources of fuel for equities came after the Labor… Source link

Stock futures opened near the flat line Tuesday evening after another record-setting day for Wall Street, with the S&P 500 and Dow each rallying to all-time highs on the back of the U.S. Senate passage of a major infrastructure bill. Contracts on the S&P 500 drifted sideways. Earlier, the blue-chip index and the Dow each both reached record intraday and closing highs, with shares of industrials and materials companies, as well as other names closely tied to the economic recovery leading the… Source link

The stock market is on one impressive stretch headed into year-end, which may bode well for future returns.  Through late last week, the S&P 500 (^GSPC) had gone 189 days — or nine straight months — without being more than 5% from a 52-week high, according to researchers at Sundial Capital Research. The S&P 500 also had logged its 43rd day with a 52-week closing before November.  Sundial says 2021 has been one of the most “consistent” years ever for markets. That recent bout of… Source link

Contracts on the S&P 500 ticked up. Earlier, both the blue-chip index and the Dow sank, dragged down by energy stocks amid concerns over reinstated travel restrictions in China due to rising coronavirus infections. U.S. West Texas intermediate crude oil futures fell on Monday to add to last week’s losses, bringing prices to the lowest level in three weeks.  Shares of AMC Entertainment (AMC) gained in late trading after the movie theater operator topped second-quarter revenue estimates, with… Source link

AMC Entertainment (AMC) shares are up in after-hours after the movie theater company beat on the top and bottom line for its second quarter.  AMC reported a loss per share of 71 cents, compared to Wall Street estimates of a loss of 94 cents per share.  Revenue climbed to $444 million for the quarter versus expectations of $382.25 million. The company’s second-quarter performance is a massive increase compared to the same period last year when it brought in revenues of $19 million. The top… Source link

Stubbornly hot inflation will be unkind to the bottom line of Dollar Tree, warns Deutsche Bank.  Deutsche Bank analyst Krisztina Katai downgraded her rating on the dollar store to Hold from Buy on Monday, and slashed the price target to $102 from $129.  “We now see more balanced risk/reward, especially with renewed concerns around building inflationary pressures. We remain long-term believers in Dollar Tree’s story including the ongoing turnaround at Family Dollar, however, we are… Source link

Stock futures opened slightly lower Thursday evening ahead of a key labor market report, which is set to offer a fuller picture of the labor market’s recovery and help inform the next moves for monetary policymakers.  Contracts on the S&P 500 were flat to down slightly as the overnight session kicked off. The blue-chip index closed at a record high on Thursday, shaking off declines from a day earlier. The Dow and Nasdaq also ended in positive territory.  For investors, all eyes on Friday… Source link