Tag Archives: Stock

With corporate cash balances looking flush again as businesses recover from the depths of the COVID-19 pandemic, Goldman Sachs (GS) strategist David Kostin thinks a stock buyback “bonanza” is on the horizon.  Kostin estimates a 35% increase in share buybacks this year and a 5% pop in 2022. Share buybacks from U.S. companies through April have tallied $484 billion, more than double the pace at this same point last year. It marks the quickest pace of U.S. buyback announcements to kick off a… Source link

Stock futures hugged the flat line Thursday evening as investors awaited a key report on the state of the U.S. economic and labor market recovery out Friday morning. Contracts on the Dow opened slightly lower to pull back after the index hit yet another all-time high during the regular session. The Nasdaq also ended the session higher to end a four-day losing streak. The S&P 500 rose but drifted just below an all-time high. Shares of payments company Square (SQ) jumped more than 2% in late… Source link

Stock futures traded flat Wednesday evening following a mixed session on Wall Street, with performance between the Dow and Nasdaq diverging as investors weighed concerns over inflation and higher rates that might drag on growth stocks.  Contracts on the Dow opened little changed after the index hit record intraday and closing highs during the regular session. Contracts on the Nasdaq also drifted, after the index fell 0.4% for its fourth straight day of losses – its longest losing streak… Source link

TipRanks These 3 Cathie Wood Stocks Are Set to Rip Higher By 40% (Or More) The markets lately are a mix of gains and volatility, and it’s tough, sometimes, for investors to make sense of it. In times like these, it makes sense to turn to the experts. Cathie Wood is one such expert, an investor whose stock choices have consistently outperformed the overall markets. A protégé of famed economist Arthur Laffer, market guru Wood has built her reputation on her clear view of the markets. Her… Source link

Bloomberg NYSE Eases Curbs; Australia’s Ban Backlash Grows: Virus Update (Bloomberg) — The New York Stock Exchange will allow more traders on the floor if they’re fully vaccinated. The confirmed number of cases in the U.S. rose at the slowest pace in the week ended Sunday since the pandemic began, according to data compiled by Johns Hopkins University and Bloomberg.In Asia, India’s data is awaited as Prime Minister Narendra Modi resists pressure to lock down. Vietnam’s capital Hanoi… Source link

Stock futures opened slightly lower Thursday evening after a record-setting session earlier in the day, with strong earnings results and more encouraging economic data helping support the latest leg higher in risk assets.  Contracts on the S&P 500 edged down, after the index closed at an all-time high of more than 4,200 earlier in the session. Dow and Nasdaq futures also retreated. Shares Amazon (AMZN) jumped in late trading after reporting first-quarter results and current-quarter guidance… Source link

Stock futures pointed to a higher open Thursday morning as investors considered a batch of stronger-than-expected earnings results from major companies and a sweeping set of proposals from President Joe Biden aimed at revamping the country’s infrastructure and supporting families, children and students.  Contracts on the S&P 500 added 0.7%, and the index was on pace to open at an all-time high. Dow futures gained more than 150 points, or 0.5%, while contracts on the Nasdaq gained about… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs The S&P 500 is showing a 6-month gain of 24%. Stocks generally have been gainers as the coronavirus crisis recedes, economies reopen, and the Federal Reserve remains committed to low-rate regime. In this environment, it’s no wonder that many companies are considering going public through an IPO. The high-return environment we’re experiencing right now makes the IPO attractive as a way to not just raise capital… Source link

(Bloomberg) — U.S. equities slipped from all-time highs as technology shares faltered ahead of a batch of earnings reports from industry heavyweights. The S&P 500 fell for the first time in three sessions, with Tesla Inc. and Alphabet Inc. the biggest contributors to the decline. The tech-heavy Nasdaq 100 fell the most among the major U.S. indexes. 3M Co. weighed down the Dow Jones Industrial Average after it warned that rising costs for raw materials and transportation is a worsening… Source link

Google logo is displayed on a mobile phone screen photographed for illustration photo during the … [+] coronavirus pandemic. Gliwice, Poland on April 21, 2021. (Photo by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Alphabet (Google) (NASDAQ: GOOG) is scheduled to report its fiscal Q1 2021 results on Tuesday, April 27. We expect GOOG to beat the consensus estimates for revenues and earnings. The company has reported better than expected revenues and… Source link