News
August Existing Home Sales Surge to Highest Level Since 2006
Existing home sales climbed 2.4% in August to a seasonally adjusted annualized rate of 6 million units, as record-low mortgage rates continue to help fuel strong housing demand.
Sales were up 10.5%
Judge Fast-Tracks Tiffany Lawsuit Against LVMH
On Monday, a judge fast-tracked Tiffany & Co.'s (NYSE: TIF) lawsuit against LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) over the quickly crumbling $16 billion merger agreement between the two, but
Why Pinterest Stock Was Gaining Today
Shares of Pinterest (NYSE: PINS) were gaining today, even though there was no specific news on the image-discovery company. One potential driver of today's move higher may be that Pinterest is now
Why Kratos Defense Shares Are Falling Today
Shares of Kratos Defense and Security Solutions (NASDAQ: KTOS) traded down nearly 10% on Tuesday after the defense company was downgraded by J.P. Morgan. The stock has had a strong run over the past
Why Microsoft Paid $7.5 Billion for the Maker of Doom and Fallout
Microsoft (NASDAQ: MSFT) recently agreed to buy privately held ZeniMax Media for $7.5 billion in cash. ZeniMax's core subsidiary, Bethesda Softworks, publishes popular video game franchises like
Tesla Weighs on Nasdaq -- Will Investors Believe Musk This Time?
The stock market has been on edge, and that showed up in the way that major market benchmarks moved early Tuesday. For the Nasdaq Composite (NASDAQINDEX: ^IXIC), the news was a little bit better
Why Carvana Stock Is Soaring Today
Shares of used-car specialist Carvana (NYSE: CVNA) are soaring today, up 30% as of 11:45 a.m. EDT, after the company issued an exciting business update for the upcoming third quarter of 2020. In
These 2 Unlikely Winners Are Up 20%-Plus on a Gloomy Stock Market Day
The stock market has been on edge throughout September, and Tuesday started off with the same kind of volatility we've seen all month long. Stocks initially moved higher in an attempt to rebound
Will Taking a Cruise Ever Be Fun Again?
There's been a lot of talk about when cruise ships will start sailing again, but not a lot of chatter about what the experience will be like. With the Centers for Disease Control and Prevention
Why Vroom Stock Is Zooming 15% Higher Tuesday Morning
Shares of Vroom (NASDAQ: VRM), a used vehicle e-commerce platform offering a digital approach to buying used vehicles, jumped as much as 15.2% higher Tuesday morning after competitor Carvana
Why Matador Resources Stock Rallied as Much as 10% at the Open Today
Shares of U.S.-focused exploration and production company Matador Resources (NYSE: MTDR) rose as much as 10% in the first hour of trading today. A bit of that investor enthusiasm probably arose
Brookfield Property Is Laying Off 20% of Its Retail Workforce
Brookfield Property (NASDAQ: BPY) (NASDAQ: BPYU) plans to lay off 20% of its retail-related workforce, according to a report by CNBC. The global property owner, which has more than 170 retail
Why Westport Fuel Systems Stock Just Crashed 22%
Four days ago, news that Westport Fuel Systems (NASDAQ: WPRT) had won Chinese certification of a new "HPDI 2.0" natural gas engine technology sent the stock soaring nearly 39% in a single day.
Four
Coca-Cola Is Poised for a 2021 Hard Seltzer Launch
The first half of 2021 will see Coca-Cola (NYSE: KO) venture back into the world of adult beverages in the United States for the first time in four decades with the launch of a new hard seltzer
2 Reasons to Sell Eastman Kodak Stock
Shares in Eastman Kodak (NYSE: KODK) have been resuscitated after an internal probe found no evidence of insider trading before the announcement of a $765 million defense production loan to help the
Why Blink Charging Stock Just Charged Ahead 15%
Shares of Blink Charging (NASDAQ: BLNK) are on a tear today, up 15% through 11 a.m. EDT on an announcement from the electric-vehicle (EV) charging network that it has sold or deployed 539 charging
Is Rocket Companies a Buy Even if the Stock Market Crashes?
Rocket Companies (NYSE: RKT) made its public debut in early August with much promise. After pricing its IPO at $18 a share and raising $1.8 billion in cash, optimism surrounding the parent of
Why Beyond Meat Jumped 9% Today
Shares of plant-based meat maker Beyond Meat (NASDAQ: BYND) jumped 9% earlier this morning and remain up almost 7% as of 11 a.m. EDT. The company made an announcement yesterday that may have gotten
3 Top Stocks To Watch This Year
This has been a surprisingly strong year for investors, especially if you managed to warm up to some of this year's top growth stocks. Shares of Peloton Interactive (NASDAQ: PTON), Zoom Video
Why Nano-X Imaging Stock Just Crashed Another 12%
Investors in Nano-X Imaging Ltd (NASDAQ: NNOX) are having a rough couple of weeks.
Since soaring 250% after its August IPO, shares of the start-up X-ray machine maker have been pummeled by a series
Does This Pharma Company's Lead Asset Make it a Buy Today?
Bipolar disorder is relatively common, with 2.8% of adults, or 6 million Americans, reporting symptoms over a 12-month period. But the market is underserved; in particular, only a limited number of
Why Centennial Resource Development Stock Rallied 11.5% Today
Shares of U.S. exploration and production (E&P) company Centennial Resource Development (NASDAQ: CDEV) rose as much as 11.5% in the first hour of trading on Sept. 22. That comes just a day after the
Why Tesla Stock Fell Today
Shares of Tesla (NASDAQ: TSLA) declined on Tuesday ahead of its upcoming "Battery Day" presentation. As of 9:50 a.m. EDT, Tesla stock was down 5%.
A series of tweets sent by CEO Elon Musk late on
Better Buy: Adobe vs. Microsoft
Veteran tech icons Adobe (NASDAQ: ADBE) and Microsoft (NASDAQ: MSFT) are enjoying renewed investor interest this year despite a global pandemic. Both sported record-high share prices in 2020 despite
Here's Why GameStop Stock Is Flying Higher Today
Shares of video game retail chain GameStop (NYSE: GME) were spiking higher on Tuesday, thanks to ongoing conversations between an activist investor and GameStop management. Investors are hopeful the