Shares of Netflix Inc. (NFLX) endured massive double-digit losses after the closing bell Wednesday following the Q2 earnings release. The streaming giant reported some of its worst user numbers in years, leading investors to rake the stock over the coals and drag it toward the lowest levels of 2019. While most public companies traditionally rely […]
Read MoreShares of Goldman Sachs Group Inc. (GS) rallied during Tuesday’s session after the Wall Street titan released second-quarter earnings. The financials marked a modest year-over-year decline in profit, but that didn’t stop investors from pushing GS stock to its best close of 2019 so far. Goldman’s fresh round of earnings are grounded in the bank’s […]
Read MoreNo. 5: Medallia (MDLA) Medallia is a software company that owns and operates a customer survey and feedback management platform called the Medallia Experience Cloud. The firm’s market debut follows a string of successful listings from tech unicorns, including most recently Slack Technologies Inc. (WORK) whose shares are up nearly 34% from the June 19 […]
Read MoreIllumina Inc. (ILMN) sent shockwaves through the entire S&P 500 on Friday after shares experienced an enormous double-digit loss. Investors quickly panicked after the healthcare diagnostics firm sharply lowered its revenue expectations, an announcement that dragged ILMN to its worst close since June 3. Friday’s drop comes as a huge shock since shares of the […]
Read MoreNo. 5: DaVita Inc. (DVA) Shares of the dialysis and healthcare company gained 4% from $52.55 during Tuesday’s session to $54.65 by the closing bell Wednesday. That marked a sharp rebound from the previous close, which was the worst settlement since June 20 when shares ended the session at $52.41. DaVita stock is now up […]
Read MoreShares of DaVita Inc. (DVA) plunged to their lowest level in more than two weeks during Tuesday’s session. Investors were negatively reacting to a fresh announcement from President Trump regarding the dialysis and healthcare firm’s primary market, dragging the stock to its worst level since June 20. President Trump is known for having a direct […]
Read MoreWhen it comes to oil stocks, most investors immediately think of the supermajors like Exxon Mobil Corp. (XOM) or Chevron Corp. (CVX). It makes sense considering they boast incredible brand recognition and remain two of the world’s biggest energy companies with individual market caps exceeding $230 billion. But what most people fail to recognize is […]
Read MoreWith the end of the second quarter comes the heightening anticipation of second-quarter earnings. It’s important for investors to know ahead of time when their holdings are releasing financials, which is why an earnings calendar always comes in handy. The following calendar was compiled using data from Markets Insider and Nasdaq, which employ algorithms to […]
Read MoreThe first half of 2019 is now officially in the books, and oil prices just kicked off Q3 with a bang. The price of West Texas Intermediate (WTI) — which is the price benchmark for all oil produced in and exported out of the U.S. — nabbed its best close in over a month on […]
Read MoreAny investor who tracks commodities knows that gold and oil have been among the year’s top performers. The price of gold per ounce has climbed over 10% from $1,281.30 on Dec. 31 toward a six-year high of $1,412 as of June 27, while the price of West Texas Intermediate (WTI) — the U.S. benchmark for […]
Read MoreStock buybacks have been a divisive practice ever since the Securities and Exchange Commission (SEC) started allowing them in 1982. When a company implements a buyback program, it essentially repurchases shares of the company from public shareholders, thus drastically reducing the number of outstanding shares on the open market. Not only does this give the […]
Read MoreThe first half of the year is almost in the bag, and while the major market indexes continue their overall trend higher, the IPO market has been 2019’s biggest unsung winner. While strong economic data and a broader market rally are cited as the IPO market’s biggest drivers, much of the bullish sentiment can be […]
Read MoreOne of the year’s biggest merger announcements sent shockwaves through the U.S. pharmaceutical sector on Tuesday when Humira drugmaker AbbVie Inc. (ABBV) struck a deal to acquire Botox producer Allergan Plc. (AGN). Investors reacted strongly to the news, making ABBV and AGN the market’s single biggest loser and winner, respectively. After the deal closes, AbbVie […]
Read MoreThe IPO market is set to wrap up a particularly strong month this week, which should see nine deals raise a combined $2.1 billion in proceeds by Friday, June 28. Last week saw six IPOs and a special purpose acquisition company (SPAC) hit the market, but most headlines concerned the unique direct listing of popular […]
Read MoreShares of Carnival Corp. (CCL) nosedived during Thursday’s session following the release of its second-quarter earnings report. While the world’s largest cruise company by total passengers beat analysts’ top- and bottom-line expectations, investors went into panic mode when the firm drastically cut its full-year earnings per share (EPS) forecast on the heels of a devastating […]
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