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Why Wayfair, Michaels, and ANGI Homeservices Were Popping Today
Shares of Wayfair (NYSE: W), Michaels (NASDAQ: MIK), and ANGI Homeservices (NASDAQ: ANGI) were all moving higher today, though there was no specific news out on any of these companies. Instead, a
Boeing Makes It Official: 787 Production Moves to South Carolina in 2021
Boeing (NYSE: BA) said Thursday it will consolidate production of its 787 Dreamliner at its North Charleston, South Carolina facility in 2021, part of a broader effort to cut costs that is sure to
President Trump's Claim About McDonald's Is Hair-Raising
McDonald's (NYSE: MCD) received a light-hearted "endorsement" from President Donald Trump yesterday when he retweeted a tweet about a supposed link between a chemical found in french fries and
Macao Casino Revenue Plunges Another 90% in September
For the sixth consecutive month, gambling revenue in Macao has fallen 90% or more, after casino regulators in the only city in China where it's legal to gamble said September revenue fell to 2.2
Here's Why Rocket Companies Stock Was Soaring on Thursday
The stock market was largely flat on Thursday as investors waited to see if a new stimulus agreement could be reached. Most major indices were in positive territory as of 2:50 p.m. EDT, but not by
Why Shares of Triumph Group Are Soaring Today
Boeing (NYSE: BA) and its supply chain have been hit hard by the March 2019 grounding of the 737 MAX, which makes up a substantial portion of the aerospace giant's order book and supports an array
3 Stocks Peter Lynch Would Love
Peter Lynch became one of the most well-known investors in America as the manager of the Magellan Fund at Fidelity Investments from 1977 to 1990. During those 13 years, he consistently outperformed
PepsiCo Is Sailing on Its Snacks Distribution Strength
PepsiCo (NASDAQ: PEP) snapped back from a 3% year-over-year revenue decline in the second quarter of 2020 to an emphatic 5.3% expansion in its top line during the third quarter, as results released
Why Piedmont Lithium, Lithium Americas, and Orocobre Limited Stocks All Popped Thursday
Thursday's looking like a strong day for lithium mining stocks. In early trading this morning, shares of Piedmont Lithium (NASDAQ: PLL), Lithium Americas (NYSE: LAC), and Orocobre Limited (OTC:
Why Northern Dynasty Minerals Jumped 12% Today
Shares of Northern Dynasty Minerals (NYSEMKT: NAK) are up 6% as of 2 p.m. EDT, after topping out at a gain of 12% earlier today. Other domestic mining companies, including MP Materials, which is
Eastern Bankshares Raises $1.8 Billion in Subscription Offering
Eastern Bankshares raised $1.8 billion in its subscription offering and plans to start trading on the NASDAQ under the ticker EBC in mid-October, the bank said in a regulatory filing.
Because
Tesla Cuts Price of Chinese-Made Model 3
Taking advantage of new battery options and big government subsidies, Tesla (NASDAQ: TSLA) has slashed its Model 3 prices in China. The company's Chinese website is now advertising a base price for
Occidental Petroleum Reaches a Deal to Sell its Onshore Assets in Columbia
Occidental Petroleum (NYSE: OXY) announced today that it has agreed to sell its onshore assets in Colombia to private equity giant The Carlyle Group (NASDAQ: CG). The oil company will receive up to
Dick's Sporting Goods Defies the Retail Apocalypse With New Store Openings
Following up on a second quarter that saw an approximate 20% rebound in comparable sales, retailer Dick's Sporting Goods (NYSE: DKS) announced its plans today to open 11 new stores across the United
American, United Cut 32,000 Jobs as Government Support Ends
American Airlines Group (NASDAQ: AAL) and United Airlines Holdings (NASDAQ: UAL) plan to proceed with a combined 32,000 job cuts after a Sept. 30 deadline passed without lawmakers agreeing to
Why PAR Technology Stock Plummeted Today
Shares of PAR Technology (NYSE: PAR) have plummeted today, down by 11% as of 12:30 p.m. EDT, after the company priced a secondary offering announced yesterday. The offering priced at $38 per share
Why Shares of DraftKings Popped 5.7% Today
Shares of online gambling company DraftKings (NASDAQ: DKNG) rose as much as 5.7% Thursday as investors bet some non-operating factors would drive shares higher. At 1 p.m. EDT shares were touching
Why Roku Stock Jumped on Thursday
Shares of streaming-TV platform company Roku (NASDAQ: ROKU) jumped on Thursday morning by as much as 5.2%. As of 1:30 p.m. EDT, the stock was trading 4.5% higher.
Those gains were likely driven
Canopy Growth and Acreage Holdings Plan U.S. Launch of Marijuana-Infused Beverages
Canada's largest licensed cannabis producer and its U.S. affiliate on Thursday revealed plans to launch THC-infused beverages in the U.S. market. Encouraged by recent beverage sales in Canada
Netflix May Be Mulling a Price Increase, but Now's Not the Time
Investment research company Jefferies believes a rate increase for the streaming service offered by Netflix (NASDAQ: NFLX) may be imminent. Specifically, analyst Brent Thill wrote a piece this week
Why Virgin Galactic Stock Yo-Yoed Up Another 6% This Morning
Shares of Virgin Galactic (NYSE: SPCE) were bouncing back today to where they were Monday, gaining nearly 6% in early trading and still up a respectable 3% as of 12:25 p.m. EDT on Thursday. Shares
PepsiCo Inc (PEP) Q3 2020 Earnings Call Transcript
PepsiCo Inc (NASDAQ: PEP)Q3 2020 Earnings CallOct 1, 2020, 8:15 a.m. ET
Ravi Pamnani -- Senior Vice President, Investor Relations
Source Fool.com
Stock Market Today: Bed Bath & Beyond Surprises; Energy Stocks Fall on ExxonMobil Warning
The first day of October was a positive one for the stock market, as investors decided to put an optimistic spin on things. Even with a heightened level of first-time claims for unemployment
TSMC's Biggest Chinese Rival Gets Slammed by U.S. Sanctions
The Trump Administration recently barred American companies from selling any new products to SMIC (OTC: SMIC.Y), China's largest contract chipmaker, without special government licenses. In a letter
Carnival Cancels All 2020 Cruises From U.S. Ports Except for Two Cities
Carnival Corporation (NYSE: CCL) (NYSE: CUK) announced a fresh round of cruise cancellations in a press release this morning. The company is canceling all November and December 2020 cruises