Take a look at some of the biggest movers in the premarket: BP (BP) – BP plans to take a writedown of up to $17.5 billion for the current quarter, after significantly cutting its long term outlook for oil and gas prices. BP is also now forecasting a faster transition away from fossil fuels. BP
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At some point, we knew that the investment markets and the underlying economy would rise from the mess that the novel coronavirus created. Honestly, I just didn’t think it would happen so soon. Since hitting a sharp bottom in March of this year, the major indices have been on a wild ride. As optimism kicks
I’ve got to give some credit where it’s due — new United Airlines (NYSE:UAL) CEO Scott Kirby is speaking some truths about air travel in the post-coronavirus world. And while the airline’s new boss is being frank about the risks of air travel today, his words make it painfully clear why investors should avoid UAL
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters Which stocks are primed to outperform during this notably volatile period? Here are a few of the names the best-performing Wall Street
Car sit idle at the Hertz Rent-A-Car rental lot at San Francisco International Airport on April 30, 2020 in San Francisco, California. Justin Sullivan | Getty Images Bubbly price moves in the stocks of bankrupt companies, a jump in the number of bullish investors and surging activity by small investors in stock options are all
It’s been fascinating to watch the dynamic between Uber (NYSE:UBER) stock and Lyft (NASDAQ:LYFT) stock since the two companies went public early last year. The two ridesharing companies are as popular as ever, yet their IPOs have been huge flops up to this point. Source: OpturaDesign / Shutterstock.com The latest drama in the ridesharing space
Earlier this year, Luckin Coffee (NASDAQ:LK) stock was one of the hottest names out there. The coffee chain, touted as China’s answer to Starbucks (NASDAQ:SBUX), looked like a solid long-term growth story. But in April, shares tumbled. With an investigation over accounting fraud, investors bailed, sending shares down nearly 76% in one day. Soon after
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we learned about the three different credit organizations that rate a company’s debt. Those three organizations are Standard
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market. Swing Trading v. Day Trading Swing: -Potential to make more money than with day trading -Going across multiple days (e.g. a 100 day period) -You do have the risk of holding positions overnight;
We have seen a number of new thematic ETFs launched this year. Some of them make sense and some don’t. But here’s a new ETF that provides investors a convenient way to profit from a new industry with massive growth potential. Mobileye: https://www.zacks.com/stock/quote/MBLY?cid=CS-YOUTUBE-FT-VID Cisco Systems: https://www.zacks.com/stock/quote/CSCO?cid=CS-YOUTUBE-FT-VID Skyworks Solutions: https://www.zacks.com/stock/quote/SWKS?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow
In an investing world where you can pick from dozens of different strategies and methodologies for generating returns, dividend investing remains one of the best ways to accumulate wealth over the long term. Companies that pay regular dividends often generate enough income and cash flow to share these profits regularly with investors. Key Takeaways Dividend
Jeffrey Ubben Source: BusinessWire Company: Enviva Partners LP (EVA) Business: Enviva is a supplier of utility-grade wood pellets to power generators. The company procures wood fiber and processes it into utility-grade wood pellets and loads the finished wood pellets into railcars, trucks and barges that are transported to deep-water marine terminals, where they are received, stored
People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY. Gary Hershorn | Getty Images Check out the companies making headlines after the bell. Adobe — The software company’s stock rose 4% in extended trading after Adobe ptovided its second-quarter earnings. Adobe reported
[Editor’s note: “7 U.S. Stocks to Buy on Coronavirus Weakness” is regularly updated to included the latest analysis of the rapidly evolving coronavirus situation and which stocks to buy.] The novel coronavirus pandemic is starting to rear its ugly head again, as the U.S. moves to reopen its economy, and it’s having a negative impact
I’m not flying until this pandemic is over. Are you? If you aren’t, then why are you buying airline stocks? Source: Markus Mainka / Shutterstock.com That’s the thought that ran through my head the week of June 8, as Delta Air Lines (NYSE:DAL) stock dropped one-third of its value, from $36.97 per share to $27.20,
A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images Traders baffled by the unprecedented market whipsaw are scrambling to buy protection against more rough sledding ahead.
Take a look at some of the biggest movers in the premarket: Lululemon (LULU) – Lululemon reported quarterly earnings of 22 cents per share, 1 cent a share below estimates. The athletic apparel maker’s revenue also came in below forecasts amid virus-related store closures. It was Lululemon’s first earnings miss in three years, although it
Prior to the market selloff 2.0 on June 11, PepsiCo (NASDAQ:PEP) was having a tough time getting investors excited. Now that the market appears to be turning over again, PEP stock is flatter than a can of soda that has been left open for a day. But I expect the story for the company to
Are you familiar with Ocugen (NASDAQ:OCGN), the penny stock that took a massive plunge in 2019? OCGN stock closed near $14 on Sept. 26. Three sessions later, it closed at $2.19. Source: Shutterstock The stock has been on a painful descent since then, most recently closing at 25 cents. Currently, Ocugen sports a 52-week range
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson students learn how to use the google stock screener.