While several high-profile companies like Twitter Inc. (TWTR), Snap Inc. (SNAP), and Procter & Gamble Co. (PG) reported earlier this week, earnings season kicked into high gear Tuesday after some of the market’s heaviest components released their quarterly financials. Arguably the most watched reports were those from Microsoft Corp. (MSFT), Facebook Inc. (FB), Boeing Co. […]
Read MoreAfter a mixed Q4 2018 marked by a strong decline in monthly active users (MAUs), Twitter Inc. (TWTR) reported a strong rebound in Q1, giving investors enough reason to push shares to their highest level in over nine months on Tuesday. The earnings made TWTR by far the S&P 500’s biggest gainer and kicked the […]
Read MoreThe trading week wrapped up early thanks to markets being closed on Good Friday, and the S&P 500 managed a slight 0.16% gain on Thursday ahead of the holiday weekend. Industrial stocks – including the No. 4 and No.1 best performers on the day – were largely responsible for pushing the index above the psychologically […]
Read MoreEight initial public offerings (IPOs) are expected to make this week the busiest for the 2019 IPO market, and the leader of the pack is undeniably the highly anticipated Pinterest Inc. (PINS) debut. The social media company – known for letting users “pin” images or photo collections to topical online boards – will be the […]
Read MoreVolatility has rocked healthcare stocks more than any other group this year, and their performance looks even worse when compared to the massive rally last year. In 2018, U.S. giants like UnitedHealth Group Inc. (UNH) and Humana Inc. (HUM) soared 13% and 15.5%, demolishing the broader S&P 500’s 6.2% loss. But now, major healthcare firms […]
Read MoreSeveral of the most prominent U.S. shale producers posted their best daily gains of the year on Friday after news broke of a historic acquisition by Chevron Corp. (CVX), the country’s second-largest energy company. The deal’s announcement sent investors into a buying frenzy, lifting shares of Texas- and New Mexico-based energy firms like Pioneer Natural […]
Read MoreAlthough it’s been a short one so far, Levi’s incredible winning streak over the last month proves the firm has returned to “effortless cool” form following intermittent bouts of financial weakness and a more than 30-year period off the public markets. While Levi’s is currently on the upswing, its ostensible “Golden Age” occurred during the […]
Read MoreWest Texas Intermediate (WTI) – the benchmark for oil prices in the United States – has enjoyed an incredible rally lately, and those gains continued Friday as prices closed at their highest level since early November. At Friday’s $63.25 close, WTI prices are now up more than 11% in just the last month. Oil is […]
Read MoreShares of the world’s largest tobacco companies fell during Wednesday’s session after news broke of a new Food and Drug Administration (FDA) investigation into vaping. Several stocks – including U.S.-based Altria Group Inc. (MO) and U.K.-based Imperial Brands Plc. – fell to more than one-month lows. Tobacco stocks have always been the de facto “black […]
Read MoreMarch is now officially over, and most major U.S. indexes posted strong monthly gains. While the Dow Jones Industrial Average was largely flat, the S&P 500 climbed 1.8% last month, capping off its best quarterly gain since 2009 and best Q1 since 1998. The Nasdaq was the standout, gaining 2.6% from 7,532.53 to 7,729.32 at […]
Read MoreWynn Resorts Ltd. (WYNN) was the S&P 500’s biggest gainer on Monday after the casino operator received some positive gaming numbers out of the world’s largest gambling center. Investors received the news enthusiastically on hopes that the strong numbers indicate a long-term turnaround for the stock, which plunged more than 40% in 2018. The firm […]
Read MorePVH Corp. (PVH) released its earnings report for the October-December period, and the financials blew past analyst expectations. The parent company of several high-profile clothing brands like Calvin Klein, Tommy Hilfiger, and Van Heusen beat on the top and bottom lines, galvanizing investors to push the stock to the highest close since October. Investors have […]
Read MoreAthletic apparel retailer Lululemon Athletica Inc. (LULU) released its Q4 2018 earnings report on Wednesday, and the numbers surpassed analyst expectations. Investors responded with enormous enthusiasm, boosting the stock to record highs in after-hours trading. Despite increasingly stiff competition, Lululemon remains a dominant force in the relatively new and rapidly growing athletic leisure – or […]
Read MoreShares of Apple Inc. (AAPL) were on the move Monday as CEO Tim Cook and a slew of celebrities attended the tech titan’s highly anticipated press event at Cupertino’s Steve Jobs Theater. The event’s purpose was to announce new services-sector initiatives, which primarily involve pushing beyond the current Apple Music service and into the competitive […]
Read MoreMany of the largest financial institutions in the U.S. experienced significant declines on Friday following a major announcement from the Federal Reserve. Some bank stocks – including JPMorgan Chase & Co. (JPM) – tumbled toward their lowest levels of the year. While sectors can post huge losses on any given day, a slump in the […]
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