News
Trade Imperil as Mississippi River Runs Dry
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter It's completely free and we guarantee you'll learn something new every day.
Dry spells in
Why Netflix Stock Jumped 5.3% in September
Shares of streaming titan Netflix (NASDAQ: NFLX) climbed 5.3% in September, according to data provided by S&P Global Market Intelligence. Rallying investors seem increasingly convinced in the
Why Moderna Stock Couldn't Shake the Thursday Blues
Thursday was a forgettable day on the market for a great many stocks, and that includes high-profile vaccine-developer Moderna (NASDAQ: MRNA). Although there was some mildly encouraging news coming
Why Perion Network Stock Popped Today
Shares of Perion Network (NASDAQ: PERI) jumped today after the ad tech company issued strong preliminary results for its third quarter.
The stock finished the day up 13%.
Perion, which operates an
Why Advanced Micro Devices Shares Lost 25% Last Month
Shares of Advanced Micro Devices (NASDAQ: AMD) fell 25.3% in September 2022, according to data from S&P Global Market Intelligence. The semiconductor designer released some new embedded and mobile
Why Redfin Stock Couldn't Escape the Market's Thursday Tumble
Life isn't easy for real estate companies these days, as rapidly rising interest rates threaten to put a real damper on their markets. This was a major factor behind Redfin's (NASDAQ: RDFN) slump on
Why Shopify, Etsy, and Other E-Commerce Stocks Were Up Big This Week
A broad cross section of stocks rallied so far this week, recovering from last month's drubbing and buoyed by a manufacturing report and jobs data that suggest the worst might be over. Then again
Why Guardant Health Topped the Market on Thursday
Guardant Health (NASDAQ: GH) did relatively well on the market Thursday. The cancer-diagnostics company's shares effectively traded sideways on a day when the S&P 500 index flopped by over 1%
Why Carnival Stock Sank Today While Royal Caribbean Sailed Happily Along
Two of the major cruise line operators on the scene, Carnival (NYSE: CCL)(NYSE: CUK) and Royal Caribbean (NYSE: RCL), had very different voyages on the stock market Thursday. Carnival didn't quite
Why Polestar Stock Dropped 35% in September
Shares of Swedish premium electric-vehicle (EV) maker Polestar Automotive Holding (NASDAQ: PSNY) fell 35.3% in September, according to data from S&P Global Market Intelligence. For context, last
Why Cresco Labs' Shares Jumped 24.37% on Thursday
Shares of multistate cannabis operator (MSO) Cresco Labs (OTC: CRLBF) rose 24.37% on Thursday. The stock closed at $2.65 on Wednesday and opened at the same price on Thursday. Its shares rose to a
Why Pot Stocks Like Canopy Growth and Organigram Surged Higher Today
For marijuana stocks to make meaningful gains, change has to happen from the top down. And while the ultimate hope of decriminalization at the federal level hasn't been fulfilled, investors -- and
Comparing The Speed Of U.S. Interest Rate Hikes (1988-2022)
As U.S. inflation remains at multi-decade highs, the Federal Reserve has been aggressive with its interest rate hikes. In fact, rates have risen more than two percentage points in just six months.
Why Agenus Stock Rose 18.4% on Thursday
Shares of Agenus (NASDAQ: AGEN), a clinical-stage biopharmaceutical company that specializes in immuno-oncology, saw its shares jump 18.4% on Thursday. The stock closed on Wednesday at $2.37, then
United Natural Foods Helps Retailers Plan for Successful Winter Season During Natural Las Vegas Show
United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today announced it has completed its 2022 schedule of events wrapping up its Natural Winter show in Las Vegas, Nev. on Wednesday
Box Inc. Stock on Track to Become a Q4 Winner
- Technically, Box Inc. shares are setting up for a breakout.
- There’s enough fundamental momentum present to drive them on.
- Short of a negative surprise, there’s no reason shares won’t be in the $30
3 Growth Stocks That Could Be Huge Winners in the Next Decade and Beyond
Many people think the most important metric for a growth stock is how fast its revenue is increasing. While essential to consider, what is most important is whether a company can put up consistently
Why Nucor Shares Are Jumping This Week
Shares of Nucor (NYSE: NUE), a stock in the typically stodgy steel sector, are off to the races this week. Nucor shares are up 10% heading into Friday's trading session, according to data provided
Here's Why AGNC Investment Corp Fell Nearly 30% in September
In the month of September, shares of the mortgage real estate investment trust (mREIT) AGNC Investment Corp (NASDAQ: AGNC) fell close to 30%, according to data provided by S&P Global Market
Addentax Price Swings Give Reason To Wait
- Addentax price swings continue.
- There are details of the IPO that mean investors should exercise caution.
- There are better ways to gain exposure to China’s garment industry.
If you’ve been
Is Ford’s Revenue Enough To Juice Its Stock Price?
- Ford reports growing EV sales as evidence that its strategy is working.
- Overall revenue is still below pre-pandemic levels, suggesting that “getting back to normal” won’t happen overnight.
- Ford
Why Immunovant Stock Is Skyrocketing This Week
Shares of Immunovant (NASDAQ: IMVT) were skyrocketing 75.1% higher this week as of 3:42 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence. Most of this big gain came
Why Spotify Stock Was Down 20% Last Month
Shares of audio platform Spotify Technology (NYSE: SPOT) were down 20.2% in September, according to data provided by S&P Global Market Intelligence. The market was down 9% during the month, which
How To Classify The Different Types Of Annuities
Future retirees have a lot to look forward to. Besides traveling, spending time with family, or picking up new hobbies, the number of U.S. centenarians increasing from 53,000 in 2010 to over 90,000
Why Lordstown Motors Stock Jumped 9.5% on Thursday
Shares of Lordstown Motors (NASDAQ: RIDE) jumped as much as 9.5% in trading on Thursday after the company completed its first production vehicles. Shares are trading 7.1% higher at 3 p.m. ET.
The