Plus, Walgreens delivered better-than-expected earnings results, GM said its vehicle sales in the second quarter were slightly lower than expected, and Amazon is opening a “Development Center” in Helsinki to focus on new technology for autonomous delivery vehicles.
Read MorePlus, Bed Bath & Beyond said sales rose nearly 50% in the first quarter, Plug Power got a new Buy rating, and Taboola has gone public via a SPAC acquisition.
Read MorePlus, Olive Garden-parent Darden said its same-store sales have nearly returned to pre-pandemic levels, Elon Musk said SpaceX’s Starlink will go public when its cash flow is more predictable, and jobless claims came in above expectations.
Read MoreI have written quite a bit about how I like to pay attention to stocks in the Food Products industry when market conditions become more uncertain and broad volatility starts to increase. That’s because while the industry itself can hardly be described as disruptive – in fact, I’ve seen analysts throughout the year dismiss the […]
Read MorePlus, jobless claims unexpectedly rose last week, Curevac shares are down after the company said its COVID-19 vaccine was only 47% effective in interim results for a large late-stage trial, and Microsoft CEO Nadella was elected chairman of the company’s board.
Read MorePlus, GameStop announced a new CEO and CFO, Moderna asked the FDA to expand the approved use of its COVID-19 vaccine to 12 to 17 year olds, and Restoration Hardware delivered an earnings beat.
Read MoreRecessionary economic conditions tend to challenge a lot of different segments of the market. Some sectors of the economy are commonly seen as smart, defensive places to put your money to work in when the health of the broad economy is uncertain. Consumer Staples stocks in the Food Products industry, Healthcare stocks of all types […]
Read MorePlus, another Elon Musk tweet is sending Bitcoin lower today, Facebook was hit with two new antitrust probs, and Bill Ackman’s SPAC said it is in talks to buy 10% of Universal Music.
Read MorePlus, United is buying 15 planes from Boom Supersonic, Twitter announced its new subscription service, and Ford is building a new small pickup truck.
Read MoreNo matter what the current economic climate is, one of the many questions active investors have to try to answer is what sectors and industries in the market provide the best opportunities. Some industries tend to be cyclical in nature, meaning that their profitability is positively correlated to the ebb and flow of the broad […]
Read MorePlus, Ford officially unveiled its electric F-150 Lightning pickup truck, Virgin Galactic announced a new test flight for Saturday, weekly jobless claims fell to a new pandemic low, and Oatly shares debuted at $22.12.
Read MorePlus, the Colonial Pipeline restarted late Wednesday, Amazon is hiring 75,000 warehouse and transportation workers, and Walmart is buying virtual fitting room startup Zeekit.
Read MorePlus, the national average for gas jumped above $3 per gallon as the Colonial Pipeline remains mostly offline, Domino’s Pizza shares jump as Bill Ackman revealed 6% stake in the chain, and Wendy’s delivered an earnings beat.
Read MoreOver the last year, one of the best sectors of the stock market’s rally back to, and even above pre-pandemic levels has been the Materials sector. From last year to a fresh high this week, the sector had increased in value by almost 70%, as measured by the S&P 500 Materials Sector SPDR (XLB). This […]
Read MorePlus, Pfizer and BioNTech filed for full FDA approval for their COVID-19 vaccine, Roku reported its highest quarterly revenue growth rate ever, and DraftKings raised its full-year guidance.
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