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Big Oil Stocks Are Crashing on More Bad News
Big Oil Stocks Are Crashing on More Bad News

The broader stock market is in a full-on sell-off on June 24 as COVID-19 cases move higher across the U.S., and investors sell on fears that the beginnings of an economic recovery could be at risk

Alibaba Affiliate Ant Financial Changing Name, Focus
Alibaba Affiliate Ant Financial Changing Name, Focus

An affiliate of Chinese eCommerce giant Alibaba Group Holding (NYSE: BABA) is rebranding and changing tack, according to media reports. Ant Financial Services Group, the largest fintech company in

Iridium Hires New Space Company Relativity to Launch as Many as 6 Satellites
Iridium Hires New Space Company Relativity to Launch as Many as 6 Satellites

SpaceX. Rocket Lab. Virgin Orbit.

The list of privately owned "new space" companies that haven't yet conducted an IPO -- but became famous anyway -- grew a little longer today, when Relativity Space

Why Disney, Six Flags, Cedar Fair, and Other Amusement Park Stocks Dropped Today
Why Disney, Six Flags, Cedar Fair, and Other Amusement Park Stocks Dropped Today

Amusement park stocks fell on Wednesday, as COVID-19 case counts surged across the U.S. and around the world.

As of 2:20 p.m. EDT, shares of Cedar Fair (NYSE: FUN), SeaWorld (NYSE: SEAS), Six Flags

Why Virgin Galactic, Boeing, and General Electric Stocks Just Collapsed
Why Virgin Galactic, Boeing, and General Electric Stocks Just Collapsed

It's Wednesday, and aerospace stocks are a shambles.

Actually, most stocks are having a pretty bad day, with the S&P 500 falling as far as 2.7% at 1:35 p.m. EDT today. But aerospace stocks are doing

Why Workhorse Group Stock Is Surging Again Today
Why Workhorse Group Stock Is Surging Again Today

Shares of electric commercial-vehicle maker Workhorse Group (NASDAQ: WKHS) were up sharply for the fifth-straight session on Wednesday. There was no news, and the rise was counter to the market's

S&P Downgrades Carnival Cruise Rating to Junk Status
S&P Downgrades Carnival Cruise Rating to Junk Status

Cruise ship operator Carnival Corp. (NYSE: CCL) (NYSE: CUK) has been hard hit by impacts from the COVID-19 pandemic. Now, because of those impacts, ratings agency Standard & Poor's (S&P) has dealt

Mattel Names New CFO After Accounting Scandal
Mattel Names New CFO After Accounting Scandal

After a reporting incident sent Mattel (NASDAQ: MAT) shares lower in October 2019, the company is finalizing its commitment to find a new CFO to replace Joe Euteneuer, who presided over the

Why July 2 Is a Key Date to Watch if You're Hoping for a Second Stimulus Check
Why July 2 Is a Key Date to Watch if You're Hoping for a Second Stimulus Check

If you're hoping for another COVID-19 stimulus payment from the federal government, you aren't alone. The first check did little to help most families. Many have already spent it entirely on

Patterson Companies Inc (PDCO) Q4 2020 Earnings Call Transcript
Patterson Companies Inc (PDCO) Q4 2020 Earnings Call Transcript

Image source: The Motley Fool.

Patterson Companies Inc (NASDAQ: PDCO)Q4 2020 Earnings CallJun 24, 2020, 10:00 a.m. ET

Operator

Continue reading

Source Fool.com

Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Plunged Today
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Plunged Today

Cruise-ship stocks fell on Wednesday as COVID-19 cases increased at a disturbing rate and analysts grew more bearish on the industry's prospects. As of 1 p.m. EDT, shares of Norwegian Cruise Line

Dow Jones Drops 700 Points as COVID-19 Flares Up; Apple Down on Antitrust News; Boeing Stock Tumbles
Dow Jones Drops 700 Points as COVID-19 Flares Up; Apple Down on Antitrust News; Boeing Stock Tumbles

The stock market appeared to be taking the surge in COVID-19 cases seriously on Wednesday. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down about 2.8% at 1:45 p.m. EDT. Confirmed cases

May iPhone Sales Tumbled 7.7% in China
May iPhone Sales Tumbled 7.7% in China

After rebounding sharply higher in April, Apple (NASDAQ: AAPL) iPhone sales tumbled 7.7% in May in China compared to the previous month, according to data gathered by CNBC.

China is undergoing its

Why Nikola Stock Is Slumping Today
Why Nikola Stock Is Slumping Today

Shares of electric big-rig start-up Nikola (NASDAQ: NKLA) were down on Wednesday, as investors continued to digest a reality-check note from a Wall Street analyst earlier in the week.

As of 1:45

Why Chesapeake Energy Stock Is Down Sharply Again
Why Chesapeake Energy Stock Is Down Sharply Again

Shares of Chesapeake Energy (NYSE: CHK) are down 7.4% at 1:38 p.m. EDT on June 24, joining most other oil stocks in a day of heavy selling following the release of the U.S. Energy Information

S&P 500 Can’t Fight A Stock Selloff as Coronavirus Cases Rise
S&P 500 Can’t Fight A Stock Selloff as Coronavirus Cases Rise

The S&P 500 has given up roughly 2.78% so far today as news of increasing coronavirus cases across certain U.S. states is increasing unease. Specifically, California, Texas and Arizona all reported

Why Marriott International, Booking Holdings, and Avis Budget Stocks Just Crashed
Why Marriott International, Booking Holdings, and Avis Budget Stocks Just Crashed

It's Wednesday, and the stock market is in full retreat (yep, again), with the S&P 500 tumbling 2.2% as of 1 p.m. EDT. Shares of travel-industry-related stocks are taking it especially hard, with

Why Livongo Health, Sea Limited, and Fastly Stock All Fell Today
Why Livongo Health, Sea Limited, and Fastly Stock All Fell Today

Livongo Health (NASDAQ: LVGO), Sea Limited (NYSE: SE), and Fastly (NYSE: FSLY) were among the losers today, as their shares fell along with the broader market on fears of an expanding coronavirus

Why Simon Property Group Fell Over 10% on June 24
Why Simon Property Group Fell Over 10% on June 24

Shares of mall-focused real estate investment trust (REIT) Simon Property Group (NYSE: SPG) fell 10% in morning trading on Wall Street. That drop seemingly coincides with a material decline in the

Winnebago Hints at a Sustained Lift From COVID-19 Travel Changes
Winnebago Hints at a Sustained Lift From COVID-19 Travel Changes

Investors were bracing for bad news from Winnebago (NYSE: WGO) in its third-quarter report this week because its retailing operations were closed through most of the period. On Wednesday, the

Why BioSig Technologies Is Plunging Today
Why BioSig Technologies Is Plunging Today

On Wednesday morning BioSig Technologies (NASDAQ:BSGM) announced a registered direct offering of common stock. With the medical device company set to issue new shares and dilute existing

Why Luckin Coffee Stock, Defying the Downturn, Is Up 10% Today
Why Luckin Coffee Stock, Defying the Downturn, Is Up 10% Today

Don't look now, but Luckin Coffee (NASDAQ: LK) is bouncing back. It lost 17% of its market capitalization on Monday, as rumors increased that the company could be delisted by Nasdaq, and then

Why Plug Power Stock Just Popped Another 16.5%
Why Plug Power Stock Just Popped Another 16.5%

Investors in hydrogen fuel cell pioneer Plug Power (NASDAQ: PLUG) enjoyed a terrific Tuesday as a pair of new acquisitions, coupled with a promise of increased revenue in 2024, helped the company

Microsoft Kills Mixer, But It Isn’t Good News for Amazon’s Twitch
Microsoft Kills Mixer, But It Isn’t Good News for Amazon’s Twitch

Microsoft (NASDAQ: MSFT) recently announced it will shut down Mixer, its video game streaming platform, nearly four years after acquiring it. Microsoft will merge Mixer's community with Facebook

Better Buy: AT&T vs. T-Mobile
Better Buy: AT&T vs. T-Mobile

Telecom titans AT&T (NYSE: T) and T-Mobile US (NASDAQ: TMUS) are rushing to deliver 5G wireless networks to customers. The technology delivers faster internet speeds and can support more connected