Index Performers All three major indexes climbed higher during Wednesday’s session thanks to a slew of strong earnings from major retailers and the continuing easing of fears surrounding a global economic slowdown. The Dow Jones Industrial Average added 0.9% from 25,962.44 to 26,202.73 — the best close in over a week — while the S&P […]
Read MoreInvestors took a break from the bearishness during Monday’s session, pushing stocks back toward reasonable levels thanks mostly to buying activity in the tech and financial sectors. The rally came on the heels of a weekend announcement that the White House is expected to start a new round of trade talks, with President Trump tweeting […]
Read MoreInvestors sprinted for the hills during a panic-stricken session on Wednesday in what became the Dow Jones Industrial Average’s largest daily decline of 2019. The bellwether index plummeted 3.05% to 25,479.42 after market participants witnessed the yields on the 10-year Treasury note — the most widely watched bond instrument issued by the U.S. government — […]
Read MoreU.S. crude oil prices just earned a much-needed win during Tuesday’s session, sharply reversing the energy commodity’s enormous downtrend over the last three months. Investors were galvanized by a plethora of geopolitical news, sending the front-end September futures contract for West Texas Intermediate (WTI) — the price benchmark for all oil traded in the U.S. […]
Read MoreNo. 4: American International Group Inc. (AIG) Shares of the insurance giant jumped as much as 4% immediately after Wednesday trading concluded, going from the close of $54.41 to $56.56. During the session, AIG stock managed to eke out a miniscule 0.1% gain from the previous close of $54.38. At that post-market level, shares are […]
Read MoreShares of the Walt Disney Company (DIS) plummeted during after-hours trading on Tuesday on the heels of the firm’s fiscal Q3 earnings report. The entertainment giant missed both earnings per share (EPS) and revenue estimates, pushing investors to drag DIS stock toward its lowest level in nearly two months. With enormous acquisitions like the $71.3 […]
Read MoreNo. 5: Flux Power Holdings (FLUX) Flux is a producer of rechargeable lithium-ion batteries called “LiFT,” which offer a “better performing, cheaper and more environmentally friendly alternative” to old-school lead-acid batteries. The company’s battery solutions are used by several high-profile customers, including automakers like Toyota and utility firms like the Raymond Corp. From March 2018 […]
Read MoreThe IPO market is changing quicker than ever, particularly as direct listings continue to dominate the conversation surrounding whether or not a “traditional” IPO is necessary anymore. The direct listings of Slack Technologies Inc. (WORK) and Spotify Technology (SPOT) in recent years have been the strongest proofs of concept, as both are up more than […]
Read MoreThe strange thing about Wednesday’s sell-off is that investors across the board expected the Federal Reserve to cut interest rates. After raising the benchmark federal funds rate up to the 2.25%-2.5% range over the course of nine hikes since December 2015, economists and other market participants factored in a roughly 78% chance of the central […]
Read MoreShares of Apple Inc. (AAPL) surged higher during post-market hours on Tuesday following the release of fiscal Q3 earnings. The world’s largest technology firm surpassed analyst estimates on the top and bottom lines, enticing investors to push AAPL toward its highest level in nearly nine months. Much of the sentiment surrounding Apple’s last few earnings […]
Read MoreNo. 6: Kura Sushi USA (KRUS) Kura Sushi USA is the American spin-off of Kura Japan, which is known for featuring revolving sushi bars. The U.S. component currently operates 22 restaurants across California, Texas, Nevada, Georgia, and Illinois. However, the firm hopes to rapidly expand its footprint after the stock offering, currently set to be […]
Read MoreNo. 5: FLIR Systems Inc. (FLIR) FLIR — which stands for forward-looking infrared — is the world’s largest designer of thermal imaging cameras and equipment. Shares of FLIR dropped 4.9% during Wednesday’s session from $54.70 to $52.04. That was the worst settlement since June 17 when the stock closed out the day at $51.02 per […]
Read MoreShares of Chipotle Mexican Grill Inc. (CMG) roared higher in after-hours trading Tuesday following a strong second-quarter earnings beat. The burrito chain’s top and bottom lines surpassed Wall Street expectations, galvanizing investors to push CMG stock to its highest level ever. The company has been on an incredible hot streak in recent years, with shares […]
Read MoreNo. 5: Health Catalyst Inc. (HCAT) Health Catalyst is a Utah-based data company that provides software solutions to healthcare organizations. It has over 125 U.S. customers ranging from community hospitals, physician practices, and medical centers, 50 of which rank among the biggest healthcare organizations in the country. The company earned $127 million in sales from […]
Read MoreNo. 5: Union Pacific Corp. (UNP) Shares of Union Pacific — which operates the largest railroad system in the U.S. and is one of the world’s largest transportation companies in general — surged 5.9% during Thursday’s session from the previous close of $164.55 to $174.25. With that settlement, UNP stock is now up more than […]
Read More