Month: February 2022

The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
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Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are
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Teladoc Health, Inc. (NYSE:TDOC), a telehealthcare services provider, has been delivering exceptional revenue growth in the past four consecutive years. It could benefit from the global risk-off sentiment as unfortunately, Russia began its invasion in Ukraine. Global financial markets will witness elevated volatility. Additionally, oil prices have spiked and gold prices just got a boost
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Employers are desperate for workers in the post-lockdown economy. Wages are being raised and benefits more generous, yet finding workers remains a struggle.  The U.S. Chamber of Commerce in its Quantifying the Nation’s Workforce Crisis – State of American Business 2022 Update, notes that “The most critical and widespread challenge facing businesses is the inability to
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Investors need to understand the risks associated with exchange traded notes before investing in them. IPath Series B S&P 500 VIX Short-Term Futures ETN: https://www.zacks.com/funds/etf/VXXB/profile?cid=CS-YOUTUBE-FT-VID Proshares Short VIX Short-Term Futures ETF: https://www.zacks.com/funds/etf/SVXY/profile?cid=CS-YOUTUBE-FT-VID IPath Series B S&P GSCI Crude Oil Total Return Index ETN: https://www.zacks.com/funds/etf/OIL/profile?cid=CS-YOUTUBE-FT-VID JPM-ALERN MLP: https://www.zacks.com/funds/etf/AMJ/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P 500 ETF: https://www.zacks.com/funds/etf/SPY/profile?cid=CS-YOUTUBE-FT-VID Follow us on
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We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late January 2021, GameStop (NYSE:GME) stock surged from around $50 to nearly $500 in the span of a few days, opening investors’ minds to a whole new type of trade. If enough people started to buy a company’s stock
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U.S. stock-index futures tumbled late Sunday after President Vladimir Putin raised Russia’s nuclear alert level following stinging new sanctions from the West over the Russian invasion of Ukraine. Dow Jones Industrial Average futures YM00, -1.39% plunged more than 500 points immediately after trading began late Sunday, but recovered somewhat and were last down around 400
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What Were the ‘Browser Wars’? The first shot of the internet browser wars was fired when Netscape launched its initial public offering on August 9, 1995. The company set its offering price at $28 per share. That was seen as a bold move for a company looking to sell five million shares on the strength
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What more can we say about energy stocks at this point? Despite the carnage in growth stocks, the volatility in cryptocurrencies and the weakness in the broader stock market, the energy sector continues to perform incredibly well. Over the past month, there’s hardly one sector in positive territory; Aside from energy stocks, obviously. In fact, the
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In July of last year, Mad Money‘s Jim Cramer tried to warn prospective investors about Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Referring to Chinese initial public offerings (IPOs) in general and DIDI stock in particular, Cramer cautioned, “you should steer clear of them at all cost.” Source: DANIEL CONSTANTE / Shutterstock.com In a similar vein, DoubleLine founder
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“‘You have the power but you have to fight smart.’” — John W. Spencer That’s retired Major John Spencer, chair of Urban Warfare Studies at West Point’s Modern War Institute, who took to Twitter on Saturday to directly speak to Ukraine’s citizens as skirmishes for control of the capital Kyiv itensified. Main Russian forces advanced
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The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT), one of the most liquid benchmarks of the electric vehicle (EV) market, declined over 10% year-to-date to just above $75 per share, but it still surged 15% on a year-on-year basis. Lucid Group (NASDAQ:LCID), a young and innovative EV company, lost 32% since the beginning of the year to
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