There’s no denying the fact that the Dow Jones Industrial Average has been on an absolute tear so far this year. Following a dismal 9.5% drop in December, the index – typically an arbiter of the overall stock market that’s comprised of 30 stalwart U.S.-based firms – notched a 7.2% gain in the first month […]
Read MoreShares of Viacom Inc. (VIAB) led the S&P 500’s list of losers on Wednesday after the media conglomerate – which owns hundreds of film and TV assets like Paramount Pictures, MTV, and Nickelodeon – announced a troubling dispute with another American media giant. Even if investors don’t include today’s loss, Viacom has been on a […]
Read MoreAdvanced Micro Devices Inc. (AMD) was the strongest performer for an otherwise lackluster S&P 500 Tuesday. Shares of the semiconductor company scored double-digit returns, while its parent index posted a negligible 0.01% loss. Before Tuesday’s incredible performance, AMD stock had suffered lackluster gains for investors. Shares of the firm are down 16.7% over the last […]
Read MoreShares of Edwards Lifesciences Corp. (EW) surged on Monday after the medical device firm reported results from an important clinical trial. The stock posted one of its best days in history, rocketing to its highest level ever as a publicly traded company. Despite Monday’s news, the company’s gains may entice investors to overreact with enormous […]
Read MoreShares of Dollar General Corp. (DG) took a nosedive on Thursday after the company released its fourth-quarter earnings report. While the discount retailer missed on the bottom line, investors largely reacted to the disappointing 2019 outlook, which indicated higher costs that may lead to lower profits than initially anticipated. Despite the mixed financials, Dollar General […]
Read MoreThe old adage “buy the rumor, sell the news” came to the forefront of the markets when Take-Two Interactive Software Inc. (TTWO) became one of the top-performing S&P 500 stocks on Wednesday. Investors poured into the publisher of hit video-game series like “Grand Theft Auto” and “NBA 2K” on buyout rumors, which are now considered […]
Read MoreShares of the Boeing Co. (BA) are in a free fall this week as the defense company and jet maker reels from a devastating crisis over its newest commercial plane model. The company’s massive loss in market value has even dragged down the Dow Jones Industrial Average, of which Boeing is one of the largest […]
Read MoreWalt Disney Co. (DIS) released its newest Marvel Cinematic Universe (MCU) entry “Captain Marvel” over the weekend, and the female-led superhero film demolished analysts’ box-office expectations. It brought in more than $153 million in domestic ticket sales, beating the initial $125 million estimate. Worldwide, the movie has grossed about $455 million. However, Disney investors hardly […]
Read MoreHere’s a ranking of the five best-performing stocks in March – as well as an overview of the news driving each company’s buying frenzy… No. 5: Moxian Inc. (MOXC) Shares of Moxian, a Chinese social networking platform, rocketed 73.3% from $0.45 on Feb. 28 to $0.78 as of the March 7 close. The stock experienced […]
Read MoreOil prices have been on a tear this year following a particularly awful performance last quarter. The price of West Texas Intermediate (WTI) – the most widely used pricing benchmark in the U.S. – tumbled more than 38% during the October-December period. WTI has since rebounded nearly 24% this year to $56.14 as of March […]
Read MoreShares of Kohl’s Corp. (KSS) surged to fresh highs on Tuesday thanks to a stronger-than-expected fourth-quarter earnings report. The department store chain surprised on just about every level, which galvanized investors formerly discouraged by the stock’s rocky performance over the last year. While it’s easy to forecast the company’s demise as Amazon.com Inc. (AMZN) expands […]
Read MoreHow Investors Reacted Market participants viewed Monday’s filing delay as a sign that the company may have erred in buying Level 3, which many bulls initially argued set up CenturyLink for more growth than other peers in the wireline industry. CTL stock responded with a 6.3% decline on Monday to $12.15 per share. That loss […]
Read MoreShares of The Gap Inc. (GPS) on Friday experienced their biggest daily gain in months following the clothing retailer’s huge announcement regarding its corporate structure moving forward. The news overshadowed the firm’s mixed Q4 earnings report, which beat on the bottom line but slightly whiffed on the top line. The Gap – which owns its […]
Read MoreThe month of February is now in the bag, and investors have plenty of reasons to celebrate. Despite the Dow Jones Industrial Average closing slightly lower on Thursday for its third straight daily loss, the index still managed an 11.1% gain in February. That marks the best two-month beginning of a year since 1987 when […]
Read MoreBest Buy Co. Inc. (BBY) reported Q4 earnings on Wednesday, further demonstrating its stability in the era of Amazon.com Inc. (AMZN) dominance. The brick-and-mortar electronics retailer easily surpassed Wall Street expectations on the top and bottom lines thanks to a series of initiatives under CEO Hubert Joly. While most consumers still choose to purchase their […]
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