Tag Archives: Stock

Despite investment banks such as Morgan Stanley and Credit Suisse recently cutting their U.S. equity outlooks, one would be hard-pressed to not find bulls continuing to outnumber bears on Wall Street.  Chat up any strategist on the Street and most are apt to play down the impact of the Delta variant on the U.S. economy, while playing up the potential for companies to expand profit margins further. The bulls — and again they continue to rule the roost —are also quick to point out strong… Source link

Stock Price data may be delayed up to 15 minutes. Copyright © 2021. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying… Source link

Investors are nibbling at Apple (AAPL) ahead of a potentially big September. Apple shares were among the top trending tickers on the Yahoo Finance platform on Tuesday, notching a gain of about 2% by afternoon trading. It closed Tuesday at $156.69, up 1.55%. The stock has rallied to the tune of 7% in the past month, almost double the Nasdaq Composite. Apple’s stock is the second-best performing member of the FAANG [Facebook (FB), Apple, Amazon (AMZN), Netflix (NFLX), Google (GOOG, GOOGL)]… Source link

Investors are nibbling at Apple (AAPL) ahead of potentially big September. Apple shares were among the top trending tickers on the Yahoo Finance platform on Tuesday, notching a gain of about 2% by afternoon trading. The stock has rallied to the tune of 7% in the past month, almost double the Nasdaq Composite. Apple’s stock is the second-best performing member of the FAANG [Facebook (FB), Apple, Amazon (AMZN), Netflix (NFLX), Google (GOOG, GOOGL)] cohort in the last month, only lagging an… Source link

Cathie Wood picked up some shares of Zoom (ZM) this week after an earnings related meltdown.  For the founder, CEO and CIO of Ark Invest, the $56 million purchase was a no brainer given the importance of Zoom to the future of communication.  “We think there is a transformation taking place in the communication sector. Many people think of Zoom as nothing more than these video sessions. But it’s becoming much more than that. We think it’s going to, with the Zoom phone, take over the PBX… Source link

Stock futures were in a holding pattern Thursday evening before the release of the Labor Department’s August jobs report, which will offer the latest look at the state of the U.S. labor market recovery. Contracts on the S&P 500 hugged the flat line after the index set a record intraday and closing high during Thursday’s regular trading day. The Nasdaq had also set a record high, while the Dow ended a three-session losing streak to close in the green. Investors are anxiously awaiting the Source link

The “AMC apes” were quick to shred the downgrade of their favorite company on Twitter from Macquarie analyst Chad Beynon on Wednesday, a move that wiped away 7.3% from the stock price.  A day later, Beynon is standing by his call because, well, the fundamentals warrant a more bearish stance.  “It has been a pretty difficult time [to cover AMC],” Beynon said Thursday on Yahoo Finance Live. “The AMC story is really momentum and technically driven, and a lot of the leaders of this [AMC]… Source link

Stock Price data may be delayed up to 15 minutes. Copyright © 2021. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying… Source link

Stock futures traded sideways Wednesday evening as investors awaited more data on the labor market’s recovery, which will serve as crucial information in determining the path forward for the monetary policies underpinning risk assets over the past year. Contracts on the S&P 500 were little changed as the overnight session kicked off. Nasdaq futures also hovered near the flat line, after the index set an all-time high during Wednesday’s regular trading day. The indexes’ latest march to record… Source link

Rather under-the-radar, Google (GOOG, GOOGL) is now holding the crown as the top-performing member of the closely watched FAANG (Facebook, Apple, Amazon, Netflix, and Alphabet’s Google) complex amid a summer surge in its stock price.  Shares of Alphabet, Google’s owner, tacked on an impressive 8.2% in August, lagging only behind a 12.8% pop in Netflix. But year-to-date, Alphabet holds a wide lead over its FAANG cohorts.  Alphabet’s stock has skyrocketed 66% on the year, thumping second… Source link