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Germany Urges People To Save Energy Over Possible Russian Gas Cut-Off
Germany is preparing for a possible complete cut-off of Russian gas after the Eurasian giant cut shipments through the Nord Stream pipeline by 60%. Robert Habeck, Vice-Chancellor and Minister for
Why Resort Stocks Were Plunging This Week
It's been a tough week for much of the market, and resort stocks, which tend to be highly sensitive to macroeconomic conditions, were particularly hard hit. After all, consumer spending on vacations
HCW Biologics CFO Rebecca Byam Signals Confidence In The Stock, Topping Up Holdings By $160K
On Wednesday, the CFO of biotech firm HCW Biologics Inc (NASDAQ:HCWB), Rebecca Byam, disclosed in a US Securities and Exchange Commission filing that she purchased 66,452 shares at an average price
Ten Strategies To Guide Teens About Money
How many times have you heard somebody say that they wish they had learned about money earlier? Maybe you’ve even said the phrase yourself. Wished you had a better financial education from the
Here's Why Shares of Rocket Companies Are Down 18% This Week
For the week, shares of the mortgage originator Rocket Companies (NYSE: RKT) had fallen more than 18% in the final hour of trading Thursday, according to data provided by S&P Global Market
Hedge Fund Returns Down -1.1% In May 2022
The monthly Hedge Fund Report for May 2022 from the Citco group of companies (Citco), the asset servicer with $1.8 trillion in assets under administration (AuA).
Executive Summary
Performance
Hedge
Why Jabil Stock Fell 10% on Thursday
Jabil (NYSE: JBL) shareholders lost ground to a falling market on Thursday. The stock had fallen by 10% by 3 p.m. compared to a 3.4% slump in the S&P 500. The decline put the electronics
Why Nvidia, Advanced Micro Devices, Qualcomm Fell Today
Shares of Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Qualcomm (NASDAQ: QCOM) were all down big again Thursday, off by 5.4%, 8.1%, and 7.2%, respectively, as of 1:16 p.m. ET.
Why Upstart Was Down Double Digits Today
Shares of fintech platform Upstart Holdings (NASDAQ: UPST) were down big today, falling about 11.4% as of 2:30 p.m. ET.
There wasn't any material news out of the company today, but macroeconomic
Kyle Bass “If Our National Security Was Left Up To The Private Sector And Wall St, We’d All Be Speaking Chinese Tomorrow”
Following is the unofficial transcript of a CNBC interview with Hayman Capital Management Founder and CIO Kyle Bass which aired during CNBC’s “Financial Advisor Summit: Navigating Uncertainty”
Here's Why Sweetgreen Stock Sank Today
Shares of salad-centric restaurant chain Sweetgreen (NYSE: SG) sank on Thursday, after an analyst cut his target price for the stock in half. As of 1:45 p.m. ET, Sweetgreen stock was down almost
Why Shares of American Express Are Down This Week
This week, shares of the payments and credit card company American Express (NYSE: AXP) traded roughly 10% lower as of 1:28 p.m. Thursday, as the market digested the Federal Reserve's recent interest
Why General Motors Stock Hit the Brakes Today
Shares of the automotive maker were plummeting this morning after General Motors' (NYSE: GM) chief financial officer, Paul Jacobson, made comments yesterday that indicated the company is preparing
Why Crypto Jumped (Temporarily) and Coinbase Crashed Today
This has been anything but a straightforward day for investors in cryptocurrency and related stocks. After the Federal Reserve announced a 75 basis point increase in interest rates yesterday the
Why Beyond Meat Stock Sank Today
Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) sank on Thursday following an analyst note that warns of the company losing a major customer, which will contribute to ongoing cash
Boohoo – Trading One Challenge For Another
- Boohoo Group PLC (LON:BOO)’s sales fell 8% in the three months to end of May
- All regions declined but Rest of World, with USA the worst performer
- Sales up 75% on a pre-pandemic basis
- Cost
Why Shares of Mastercard, Paypal, and StoneCo Are Falling Today
Shares of several large payments stocks took a hit Thursday as the broader stock market sold off following the Federal Reserve's interest rate hike and as investors grew more concerned about the
ASOS – Cost Of Living Crisis Takes A Bite Into Profits
ASOS plc (LON:ASC)’s sales in the third quarter rose 4% to £983.45m, excluding Russian operations and the impact of exchange rates. Growth in the US and UK offset declines in the EU and Rest of
These Are The Ten Biggest IoT Cryptocurrencies
The internet of things (IoT) is a booming market with many applications, including making homes and cities smarter. Although this segment has made significant advances in recent years, it has its
Why Shares of Alibaba, Nio, and New Oriental Education & Technology Group Are Falling Today
Several prominent Chinese stocks trading on U.S. exchanges fell today along with the broader markets, especially as China continues to grapple with concerns related to COVID-19.
Shares of the
Halfords – Profit Guidance Disappoints As Trouble Lies Ahead
Halfords Group plc (LON:HFD)’s full year revenue of £1.4bn was 6.0% higher than last year. Compared to pre-pandemic levels, that reflects growth of 19.9%, with like-for-like sales up 16.7%. Growth
Ripples Of Relief That Inflation Is Being Tackled By The Fed, As Investors Await Bank Of England Decision
- Wall Street higher on Fed’s 0.75% rate hike, amid rising inflation worries.
- Covid worries rise for the Chinese economy.
- Eyes on the Bank of England as policymakers are set to decide on interest
Why Tesla Stock Sold Off 7% Today
In the midst of a down market, shares of EV leader Tesla (NASDAQ: TSLA) tumbled more than most, falling 7.2% through noon ET on Thursday after Reuters reported that Tesla is once again raising
3 Things About Twitter That Smart Investors Know
Twitter (NYSE: TWTR) set ambitious growth targets during its analyst day presentation last February. The social media company claimed it could grow its monetizable daily active users (mDAUs) from
Why Meta, Amazon, and Apple Are Falling Today
Shares of Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), and Apple (NASDAQ: AAPL) were all plummeting this morning following the Federal Reserve's decision to raise the federal funds rate by