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S&P 500 Airline Stocks, Cruise Stocks Surge on Abbott Labs FDA Approval, Federal Reserve Policy Change
S&P 500 Airline Stocks, Cruise Stocks Surge on Abbott Labs FDA Approval, Federal Reserve Policy Change

After spending the first half of the trading session down as much as 0.3%, the S&P 500 Index (SNPINDEX: ^GSPC) rallied in the afternoon, closing up 0.2% on August 27, following news that the U.S

XPeng IPO Shows Strong Investor Appetite for Electric-Vehicle Makers
XPeng IPO Shows Strong Investor Appetite for Electric-Vehicle Makers

The stock market showed some signs of fatigue on Thursday, although that didn't stop the S&P 500 (SNPINDEX: ^GSPC) from reaching another record high. Strength in the Dow Jones Industrial Average

Why Peloton Stock Rose Today
Why Peloton Stock Rose Today

Shares of Peloton Interactive (NASDAQ: PTON) climbed 4.5% on Thursday after Goldman Sachs analyst Heath Terry argued that investors' expectations for the home-based fitness company were "far too

Why Beyond Meat Stock Jumped Today
Why Beyond Meat Stock Jumped Today

Shares of Beyond Meat (NASDAQ: BYND) climbed 5.3% on Thursday after the meat alternatives company launched a new e-commerce site. 

Beyond Meat's new online store will allow its U.S.-based customers

Why Overstock.com Sank 12% Today
Why Overstock.com Sank 12% Today

The share price of online retailer Overstock.com (NASDAQ: OSTK) dropped 17% earlier today, before closing down just over 12%. And the reason may have nothing directly to do with the retail sector. 

Why Coty Stock Had an Ugly Day
Why Coty Stock Had an Ugly Day

Shares of Coty (NYSE: COTY) had an ugly day, down by 8% at the close, after the company reported fiscal fourth-quarter earnings. The results missed expectations, as the COVID-19 pandemic impacted

HeadHunter Group PLC (HHR) Q2 2020 Earnings Call Transcript
HeadHunter Group PLC (HHR) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool.

HeadHunter Group PLC (NASDAQ: HHR)Q2 2020 Earnings CallAug 27, 2020, 9:00 a.m. ET

Operator

Continue reading

Source Fool.com

Nasdaq Falls 40; Fulgent, Fluidigm Collapse on COVID-19 Competition
Nasdaq Falls 40; Fulgent, Fluidigm Collapse on COVID-19 Competition

The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been the standout winner in the U.S. stock market so far in 2020, but it can't keep up the pace every single day. With market participants paying close

TikTok CEO Steps Down
TikTok CEO Steps Down

TikTok CEO Kevin Mayer resigned on Wednesday. Mayer, who also served as chief operating officer of the company's China-based owner ByteDance, announced his departure in a note to employees seen by

Why SunPower and Maxeon Solar Stocks Both Popped Today
Why SunPower and Maxeon Solar Stocks Both Popped Today

Today is a big day for solar power, as solar panel installer SunPower (NASDAQ: SPWR) begins its life independent from the division that used to manufacture the solar panels it installs, which is now

Why Tesla Stock Just Popped 4%
Why Tesla Stock Just Popped 4%

One day after getting a boost from a positive analyst note out of Jefferies & Co., shares of Tesla (NASDAQ: TSLA) are revving once again, up 4% in 3:30 p.m. EDT Thursday trading.

With no new news

United to Cut as Many as 2,850 Pilots Without a New Stimulus Bill
United to Cut as Many as 2,850 Pilots Without a New Stimulus Bill

United Airlines Holdings (NASDAQ: UAL) said Thursday that it will furlough up to 2,850 pilots between Oct. 1 and Nov. 30 unless lawmakers in Washington come through with an extension to the payroll

Dollar General Corporation (DG) Q2 2020 Earnings Call Transcript
Dollar General Corporation (DG) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool.

Dollar General Corporation (NYSE: DG)Q2 2020 Earnings CallAug 27, 2020, 10:00 a.m. ET

Operator

Continue reading

Source Fool.com

Why Square Stock Popped 5% Today
Why Square Stock Popped 5% Today

Shares of point-of-sale payments processor Square (NYSE: SQ) jumped more than 5% in early trading today, and as of 3:10 p.m. EDT, they're still holding onto about a 2.7% gain.

You can thank Mizuho

Why Fastly's Stock Is Rising Today
Why Fastly's Stock Is Rising Today

Shares of Fastly, Inc. (NYSE: FSLY) were rising today after the company announced that it will acquire Signal Sciences for about $775 million in cash and stock. The acquisition will help Fastly

Why Shares of Walmart and Microsoft Are Rising Today
Why Shares of Walmart and Microsoft Are Rising Today

Shares of Walmart (NYSE: WMT) were rising 5% in afternoon trading Thursday after it was reported the retail giant was partnering with Microsoft (NASDAQ: MSFT) to bid on TikTok, the popular Chinese

Here's Why Quidel, Hologic, and Quest Diagnostics Shares Fell Today
Here's Why Quidel, Hologic, and Quest Diagnostics Shares Fell Today

Shares of Quidel (NASDAQ: QDEL) were down a whopping 27% at 2:27 p.m. EDT on Thursday after rival Abbott Laboratories (NYSE: ABT) gained emergency use authorization from the Food and Drug

AMC Entertainment Reopening Another 170 Cinemas on Thursday
AMC Entertainment Reopening Another 170 Cinemas on Thursday

Thursday is reopening day for AMC Entertainment Holdings (NYSE: AMC), as it is begins turning back on the lights in 170 of its U.S. cinemas. All told, the company said, it will have almost 300 of

Central Puerto S.A. (CEPU) Q2 2020 Earnings Call Transcript
Central Puerto S.A. (CEPU) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool.

Central Puerto S.A. (NYSE: CEPU)Q2 2020 Earnings CallAug 27, 2020, 10:00 a.m. ET

Operator

Continue reading

Source Fool.com

Amazon Launches Halo to Take On Apple Watch and Fitbit
Amazon Launches Halo to Take On Apple Watch and Fitbit

Amazon (NASDAQ: AMZN) introduced a new wristband and fitness tracker dubbed Amazon Halo, which will take on industry leader Fitbit (NYSE: FIT) as well as the Apple (NASDAQ: AAPL) Watch. 

The Amazon

TikTok to Announce U.S. Buyer Soon; Why Walmart Is on the Short List
TikTok to Announce U.S. Buyer Soon; Why Walmart Is on the Short List

According to CNBC, video-sharing service TikTok may announce the sale of its operations in North America, Australia, and New Zealand as soon as next week, with a likely closing price between $20

Apple Shares Will Surge 20% After Its Stock Split, According to This Analyst. Is He Right?
Apple Shares Will Surge 20% After Its Stock Split, According to This Analyst. Is He Right?

Apple's (NASDAQ: AAPL) gains so far in 2020 have electrified investors. Despite beginning the year with a market valuation of more than $1.2 trillion, the technology giant's stock has surged 70%

Dollar Tree Inc (DLTR) Q2 2020 Earnings Call Transcript
Dollar Tree Inc (DLTR) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool.

Dollar Tree Inc (NASDAQ: DLTR)Q2 2020 Earnings CallAug 27, 2020, 9:00 a.m. ET

Operator

Continue reading

Source Fool.com

What You Need to Know About Xpeng, China's Latest Tesla Rival
What You Need to Know About Xpeng, China's Latest Tesla Rival

Chinese electric-vehicle maker Xpeng (NYSE: XPEV) is now public. The aspiring Tesla (NASDAQ: TSLA) rival announced that it sold 100 million American depositary shares (ADSs) for $15 each, raising

Abbott to Receive Order for 150 Million Rapid COVID-19 Tests
Abbott to Receive Order for 150 Million Rapid COVID-19 Tests

Rapid COVID-19 testing in the U.S. might finally get up to speed this fall. According to Politico, the Trump administration struck a $750 million deal with Abbott (NYSE: ABT) to acquire 150 million