News
Why These Passive Income Dividend Stock Machines Soared Tuesday
The stock market had a mixed performance on Tuesday, trading higher for parts of the day but finishing with new closing lows for the year for the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite
Why Tesla Stock Tumbled Today
Tesla (NASDAQ: TSLA) had a forgettable Tuesday as far as its stock was concerned. The high-profile electric vehicle (EV) maker saw its share price dip by nearly 3%, a steeper fall than the S&P 500
Why Green Thumb Industries' Shares Were Down 16.8% on Tuesday
Green Thumb Industries (OTC: GTBIF) saw its shares plummet 16.8% on Tuesday. The cannabis company's stock closed on Monday at $12.20. On Tuesday, it opened at $12.05 before falling to a low of
Can Texas Pacific Land Corp Continue Its Meteoric Rise?
- Dallas-based Texas Pacific Land Corp. owns stakes in oil, gas and mineral production operations. It has several revenue sources to smooth earnings.
- Wall Street has pegged earnings per share at $59
McCormick May Get Spicy If It Improves Earnings
- After an initial dip, McCormick stock is flat following a disappointing earnings report.
- The next couple of quarters will be prove-it quarters for investors.
- There may be reasons to believe MKC
Pershing Square Holdings: Deep-Value Play For Long-Term Investors
- Pershing Square Holdings is a closed-ended hedge fund managed by Pershing Square Capital Management.
- The fund invests in undervalued large-cap stocks with steady cash flow and uses hedging and
How Micron Sidestepped the Tech Wreck on Tuesday and Gained 4.5%
Shares of Micron Technology (NASDAQ: MU) were up 4.5% on Tuesday even as the Nasdaq Composite was down 1.1% at the same time and the iShares Semiconductor ETF (NASDAQ: SOXX) was down an even steeper
Hedge Fund Two Sigma Made Some Portfolio Changes You Might Find Surprising
Discusses the largest positions held by the fund and the largest portfolio movements
New York based hedge fund firm Two Sigma, run by John Overdeck and David Siegel currently has 2,444 total
Why Embracer Stock Fell 14% on Tuesday
Shares of Embracer Group (OTC: THQQ.F) closed Tuesday's trading 13.8% lower. News reports showed that a major shareholder recently sold a large portion of its Embracer stock.
Canada Pension Plan
Why Virgin Galactic Stock Is Under Pressure Today
A Wall Street analyst has initiated coverage on Virgin Galactic Holdings (NYSE: SPCE) with an underperform rating, and investors on Tuesday are taking the advice to heart. Shares of the company
Why Shares of Annaly Capital Management, AGNC, and Orchid Island Capital Rose Today
Shares of several mortgage real estate investment trusts (REITs) rose today after they provided preliminary results for the third quarter of the year.
Shares of Annaly Capital Management (NYSE: NLY)
Coinbase Stock Pops After Google Announces Partnership
Shares of cryptocurrency exchange Coinbase Global (NASDAQ: COIN) were up 5% as of 2:40 p.m. ET on Tuesday, although the stock had been up as much as 8% earlier in the session. The jump is notable
Why Boeing Stock Gained Altitude and then Faded Today
Boeing (NYSE: BA) shares got a lift Tuesday after the company reported solid September and third-quarter delivery numbers, but that rally faded on new reports about the status of its 737 MAX
Why Travel Stocks Tanked Today
Travel stocks had a terrible time on Tuesday, continuing Monday's rough start to the week. Investors are wobbling between bearishness and bullishness about the economy, and an International Monetary
Why Snowflake, Twilio, and HubSpot Tanked Today
Shares of enterprise software stocks Snowflake (NYSE: SNOW), Twilio (NYSE: TWLO), and HubSpot (NYSE: HUBS) fell more than the market Tuesday, down 3.3%, 4.1%, and 2.8%, respectively, as of 1:39 p.m
Why Amgen Is Up More Than 6% Today
Biopharma stock Amgen (NASDAQ: AMGN) is up 6.4% as of 1:47 p.m. ET Tuesday, according to data from S&P Global Market Intelligence, in response to an upgrade from Morgan Stanley.
It may not be
Why Roblox Stock Was Down This Morning Before Rallying in the Afternoon
Shares of Roblox (NYSE: RBLX) were down about 5% after the market opened on Tuesday but had erased those losses by the early afternoon. The culprit was Barclays analyst Mario Lu, who initiated
Why Netflix Stock Dropped Today
Shares of streaming powerhouse Netflix (NASDAQ: NFLX) got pummeled in afternoon trading Tuesday, falling 5.3% on a one-two-three punch of bad news from Wall Street.
In rapid succession, Netflix
Why Meta Platforms Stock Was Falling Earlier Today
Shares of Meta Platforms (NASDAQ: META) were down 3% as of 12:07 p.m. ET on Tuesday after one analyst issued a bearish note on the stock. Atlantic Equities analyst James Cordwell sees mounting
Why Ford Stock Regained Momentum Today
After plunging nearly 7% yesterday, Ford's (NYSE: F) stock rebounded slightly today. There wasn't any company-specific news that was causing Ford's shares to rise, but some investors may be viewing
Why Nvidia Fell Again Today but Tried to Recover
Although already down significantly for the year and the past week, graphics and AI chip leader Nvidia (NASDAQ: NVDA) was falling yet again today, down as much as 3.3% before recovering to a 0.5%
Why Airline Stocks Gained Altitude This Morning
American Airlines Group (NASDAQ: AAL) expects third-quarter revenue to come in ahead of guidance, a fresh sign that demand for travel is holding up well despite tough economic conditions.
The news
Why Rivian's Stock Is Rising Today
Heading for the exit ramp yesterday, investors eagerly clicked the sell button on shares of Rivian (NASDAQ: RIVN) after learning of the company's massive recall. Today, however, a contrarian opinion
Why Lyft Is Plunging Today
Shares of ridesharing app Lyft (NASDAQ: LYFT) are tumbling 10.3% at 11:32 a.m. ET Tuesday morning after the U.S. Department of Labor issued proposed new rules that would force gig economy companies
Why Uber Technologies Stock Was Falling This Morning
Shares of Uber Technologies (NYSE: UBER) were down 9%, as of 11:06 a.m. ET on Tuesday. Ridesharing companies could be facing a potential headwind from the U.S. Department of Labor's proposal to