A child wearing a face mask sits on the Charging Bull statue, also known as the Wall Street Bull, following the outbreak of the coronavirus disease (COVID-19) in New York, August 19, 2020. Carlo Allegri | Reuters Here are the companies making headlines in after-hours trading. Alteryx — Shares of the analytics company soared more
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Have you ever considered owning your own small aircraft? Sure, we all have at some point. A plane represents a sense of independence, giving you the freedom to go wherever you want, whenever you want. And you’re not limited to just the road. But let’s face it. Having your own plane, say a Cessna, is
Tracking a Top Technology Stock and Solid Performer in the Consumer Products Space. Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Chewy: https://www.zacks.com/stock/quote/CHWY?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Exxon Mobil (NYSE:XOM) shares are down 52% in 2020. With Exxon Mobil stock now trading at just 21 times forward earnings with a 10.5% dividend, a new debate is raging. Is Exxon one of the highest-yielding blue chip stocks on the market? Or is its 10% yield the bait for the market’s biggest value trap?
Even as interest among speculators has cooled, many are still betting on Hertz Global (NYSE:HTZ). In typical times, HTZ stock would be trading for pennies following its Chapter 11 bankruptcy. But if there’s one phrase to describe 2020, it isn’t “typical times.” With the novel coronavirus pandemic indirectly fueling a rapid rise in day trading,
So much has happened in 2020, and the ripple effects will be felt for years. And while the tragedy of this virus cannot be overstated, there are some economic bright spots that came about because of it as well. Among those pandemic-proof stocks, e-commerce and cloud computing companies have led the pack. One segment of
CNBC’s Jim Cramer said Monday that he thinks the stalemate in coronavirus stimulus discussions could be close to breaking, potentially giving a boost to stocks. “Talks this morning could be fruitful, and I think that therefore I wouldn’t bet against this market right now,” Cramer said on “Squawk on the Street.” House Speaker Nancy Pelosi,
Take a look at some of the biggest movers in the premarket: MyoKardia (MYOK) – The biotech company agreed to be bought by Bristol-Myers Squibb (BMY) for $225 per share in cash, or $13.1 billion – a 61% premium to its closing price on Friday. MyoKardia’s lead drug is a treatment for irregular heart rhythms and
Of the four largest Cloud Czars, Alphabet (NASDAQ:GOOGL) stock is the cheapest. Source: rvlsoft / Shutterstock.com The artists formally known as Google entered trade Oct. 1 at $1,484 per share, a market cap touching $1 trillion, a price-earnings multiple of 32. Apple (NASDAQ:AAPL) is at 35, Microsoft (NASDAQ:MSFT) at 36, and Amazon.com (NASDAQ:AMZN) at an
While the novel coronavirus pandemic has been a trying time, many Americans are not letting it dampen their spirits. Instead, they’re refusing to let a “good” crisis go to waste. And an example of this dynamic is the volume surge in the markets. Ordinarily, you’d think that the worst pandemic in modern U.S. history would
Risk is anything that can result in an unexpected outcome or a loss. You can find risk in just about any industry—the financial sector, in transportation, even the health care sector. While all forms of risk can’t be avoided, there is a way they can be managed—through risk management. In the financial industry, you can
Disney (NYSE:DIS) has not a good year so far. In 2020 DIS stock is down 13%. The media giant has recently announced it is laying off 28,000 U.S.-based employees in its theme-park division. Source: nikkimeel / Shutterstock.com These theme parks are in California and Florida, two states where the pandemic has significantly disrupted lives. According to
In the last five years, technology companies have shifted focus. The new normal is to build a subscription-based business that revolves around the cloud. Most mega-tech companies have successfully transitioned … except IBM (NYSE:IBM). So it is not a surprise then to see IBM stock languish so low, comparatively. Source: JHVEPhoto / Shutterstock.com It has
Spencer Platt | Getty Images How can you find compelling investing opportunities in the current environment? With market volatility set to rise in the coming weeks, it’s best to be prepared. October is a notoriously volatile month, and this week’s heated presidential election debate did little to calm the markets — especially with the looming
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retailer announced the sale of its British supermarket chain Asda for $8.8 billion. The buying group consists of private equity firm TDR Capital and the Issa brothers, founders of gasoline station chain EG Group. Uber Technologies (UBER) – Private
What with all the trials under way to produce a vaccine for the novel coronavirus these days, trials of another kind have popped up, enough to make investors ill. Shares in Inovio Pharmaceuticals (NASDAQ:INO) cratered by a third in just 48 hours, beginning on Monday Sept. 28, after news that the FDA halted a planned
Fifth-generation mobile networks are here and the market is huge. According to Allied Market Research, the global 5G technology market will grow from $5.5 billion this year and reach $667.9 billion by 2026. That represents a compound annual growth rate of 122.3%. The massive growth forecast is due to the fact that 5G will radically
Check out the companies making headlines in midday trading. Twilio — shares of the cloud services company jumped 12% to a new all-time high after Twilio raised its forecast for third quarter revenue. The company said it is benefitting from the rise of remote work and education. Twilio is set to release its quarterly results
For much of the 20th Century, the Soviet Union rivaled the United States in political, military and economic strength. While the central command economy of the Soviet Union was diametrically opposed to the market liberalism of Western nations, the rapid economic development that the Soviets posted in the middle decades of the century made their
The question that many analysts and investors are grappling with is whether this is a bubble or a justified “new normal” of heightened valuations?