Take a look at some of the biggest movers in the premarket: Hilton Worldwide (HLT) – The hotel operator lost 61 cents per share for the second quarter, wider than the 31 cents a share loss that Wall Street analysts had been anticipating. Revenue was also below estimates, with Hilton suffering from the pandemic-induced drop
Month: August 2020
Many moving parts – including the novel coronavirus crisis, OPEC’s moves, the overall economy, demand for air travel, and the increased popularity of electric vehicles – will affect oil stocks, including Exxon Mobil (NYSE:XOM) stock. I believe that Exxon Mobil stock will prove to be a good name for income investors over the medium term.
I can’t remember the last time I wrote about an insurance company. So, the fact that Lemonade (NYSE:LMND) is the subject matter of today’s article has me very excited about discussing the recent dip in Lemonade stock. Source: Piotr Swat / Shutterstock.com Flying high, up 169% through July 24, from its July 1 initial public
Nikola Motor Company Source: Nikola Motor Company Nikola’s entire second quarter revenue of $36,000 was related to solar installations for Executive Chairman Trevor Milton, according to a filing with the Securities and Exchange Commission. “During the three months ended June 30, 2020 and 2019 the Company recorded solar revenues of $0.03 million and $0.04 million,
Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines after the bell: Roku — Shares of the streaming platform fell 1% after the market closed. Roku reported second-quarter financial results after hours, posting a loss of 35 cents per share on revenues of $356 million, compared to predictions of analysts surveyed by Refinitiv
There’s something about space and the great unknown that has always intrigued us. Movies and novels have tried to quench our thirst, but our quest for the stars does not end there. Virgin Galactic (NYSE:SPCE) stock offers the only opportunity to invest in space travel at the moment. However, that’s not to say the company
Stocks continue to creep higher as the earnings reports continue to roll in. With that in mind, let’s look at a few of those earnings plays as our top stock trades. Top Stock Trades for Tomorrow No. 1: Disney (DIS) Despite a not-so-great earnings headline, Disney (NYSE:DIS) stock is ripping higher. It helps that its
After years of underperformance marked by a dividend cut, Kraft Heinz (NYSE:KHC) is on the move again. That makes Kraft Heinz stock a more interesting proposition. Source: Casimiro PT / Shutterstock.com The shares are up 8.3% so far in 2020, beating the S&P 500’s 2% gain. They have been rebounding after another down quarter, marked
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Jeff Bezos has been hailed as the richest man in the world, inching out long-time titleholder and Microsoft co-founder Bill Gates. The majority of his earnings came from his online shopping retail site Amazon.com with record-breaking profits from Amazon Prime Day. Huge portions also stemmed from
Senator Elizabeth Warren popularized the so-called “50/20/30 budget rule” (sometimes labeled “50-30-20”) in her book, All Your Worth: The Ultimate Lifetime Money Plan. The basic rule is to divide up after-tax income and allocate it to spend: 50% on needs, 30% on wants, and socking away 20% to savings. Here, we briefly profile this easy-to-follow
The definition of sin stocks varies by source. Investopedia defines them as follows: “A sin stock is a publicly traded company involved in or associated with an activity that is considered unethical or immoral. Sin stocks are generally in sectors that deal directly with morally dubious actions. They are perceived as making money from exploiting
One of the more interesting small-cap stocks which flew onto my radar in July is freshly public Chinese holographic augmented reality technology provider WiMi Hologram Cloud (NASDAQ:WIMI). Following a quiet April IPO, WiMi Hologram Cloud stock surged more than 700% higher in the first two weeks of July after the company issued a promotional press
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal has hired Peggy Mangot, a former entrepreneur who led the development of a standalone mobile banking app at Wells Fargo, for its internal venture capital team, CNBC has learned. Mangot recently joined the online payments giant
Check out the companies making headlines before the bell: Apple – B of A Securities downgraded Apple to “neutral” from “buy”, while raising its price target on the stock to $470 per share from $420. The firm said there are many positives for Apple but risks as well, and that risk/reward is balanced at current price
Covid-19 vaccine stocks have been on fire over the past few months, as news flow on the coronavirus vaccine front has been overwhelmingly positive and hopes for a workable vaccine being widely administered by early 2021 have gained significant credibility. In this rising tide, small-cap biopharmaceutical company iBio (NYSEMKT:IBIO) — who is working on creating a
CNBC’s “College Voices 2020” is a series written by CNBC summer interns from universities across the country about coming of age, launching new careers and job hunting during a global pandemic. They’re finding their voices during a time of great social change and hope for a better future. What money issues are they facing? How
Check out the companies making headlines after the bell: Disney — Disney’s stock jumped 4% after the closing bell. Disney reported third-quarter financial results that beat analysts’ expectations for earnings but fell short of revenue predictions. Disney posted earnings of 8 cents per share excluding items on revenue of $11.78 billion compared to estimates of a loss
Since the beginning of the coronavirus pandemic, investors have nervously searched for quality “stay-at-home” stocks to protect their portfolio. Streaming stocks, in particular, have been a relatively bright spot in an otherwise down economy, with Amazon (NASDAQ:AMZN), Spotify (NYSE:SPOT), and Netflix (NASDAQ:NFLX) up between 50%-80% this year. So why is Roku (NASDAQ:ROKU), a video-on-demand (VOD) platform
Markets were indicating a lower open on Tuesday, but quickly pushed higher despite more stalling in Washington D.C. for another round of economic stimulus. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Twilio (TWLO) Twilio (NYSE:TWLO) shares have been raging higher ever
Momentum ETFs are rising as investors continue to pour money into the hottest stocks. IShares Edge MSCI USA Momentum Factor ETF: https://www.zacks.com/funds/etf/MTUM/profile?cid=CS-YOUTUBE-FT-VID First Trust Dorsey Wright Focus 5 ETF: https://www.zacks.com/funds/etf/FV/profile?cid=CS-YOUTUBE-FT-VID Invesco DWA Momentum ETF: https://www.zacks.com/funds/etf/PDP/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch