Like most energy stocks, Energy Transfer (NYSE:ET) stock has been hammered this year. How couldn’t it, given the supply glut and extreme volatility in crude oil? From peak to trough, ET stock fell more than 70% from its 2020 high. Source: Shutterstock However, recent bulls have been rewarded. From the March lows, shares have more
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Chad Robins, CEO of Adaptive Biotechnologies. Anjali Sundaram | CNBC Check out the companies making headlines after the bell. Adaptive Biotechnologies – The biotechnology company’s stock fell 5% in extended trading after Adaptive gave its first-quarter financial results. The company reported a loss of 25 cents per share on revenue of $20.9 million, while analysts
There’s a discernible trend lately in which the entire stock market has been carried by a handful of tech stocks. This trend was on full display on Monday as a number of technology names kept the stock market from falling hard. Today’s big stock charts feature such tech names. Source: Shutterstock Whether one sector of
Return on Capital Employed (ROCE) vs. Return on Assets (ROA): An Overview Key Takeaways Return on capital employed (ROCE) and return on assets (ROA) are profitability ratios. ROCE is similar to return on equity (ROE), except it includes debt liabilities, where a higher ratio means a company is making good use of its available capital.
Square (NYSE:SQ) looked like it was prepped for a bearish response to earnings. SQ stock originally fell 6% to 8% in after-hours trading when it released its first-quarter earnings. Source: Piotr Swat / Shutterstock.com However, shares turned around once investors digested the quarter and listened to the conference call. SQ stock climbed almost 10% in
In the week ending May 8, Chesapeake Energy (NYSE:CHK) shares rose nearly 3%. The beleaguered energy company moved in tandem with other oil stocks as the price of oil moved higher. However, in the last month alone, CHK stock has dropped over 50% amid reports that a bankruptcy is imminent. Source: Novikov Aleksey / Shutterstock.com
Lloyd Blankfein, the ex-Goldman Sachs CEO whose bank accepted bailout funds during the financial crisis, said that large companies should be “very reluctant” to take taxpayer money amid the coronavirus pandemic. “Big companies should be very reluctant to take government money,” Blankfein said Thursday on CNBC’s Squawk Box in response to a question about how
On April 29, Exxon (NYSE:XOM) declared its regular 87 cents per share dividend. This makes Exxon Mobil stock very attractive with its annualized 7.8% dividend yield at today’s price. Source: Shutterstock Last month I wrote about the dividend and whether Exxon had the ability to continue to pay it. I suggested that Exxon could afford
A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Lucas Jackson | Reuters A $2.25 billion United Airlines debt offering failed last week, but that does not signal trouble for others in the corporate debt market where the
Stocks started off lower on the day, but turned positive and continued higher on Monday as bulls keep pushing up equity prices. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) When I said Nvidia (NASDAQ:NVDA) was a steal at $200,
[Editor’s note: “Microsoft Stock Remains a Safe Buy in Today’s Uncertain Market” was originally published on April 12. It is regularly updated to include the most relevant information.] Source: The Art of Pics / Shutterstock.com Microsoft (NASDAQ:MSFT) has shown great strength in light of the novel coronavirus. As seen from last month’s earnings report, growth
Marathon Oil (NYSE:MRO) just cut its dividend during its first-quarter earnings announcement on May 6. That is not good for MRO stock in the long run. I was wrong about this — I thought that it had enough cash flow to cover the dividend. Source: IgorGolovniov / Shutterstock.com Marathon Oil said it was temporarily suspending
Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Billionaire hedge fund investor Paul Tudor Jones said Monday the economy would be in a “Second Depression” if the coronavirus pandemic doesn’t get contained for another year. “If a year from now, we are still in the same
A worker examines cannabis plants at a Tilray farm. Source: Tilray Check out the companies making headlines after the bell. Novavax — The vaccine company’s stock skyrocketed 37% in extended trading after Novavax highlighted an outside investment of $388 million to advance the clinical development of its coronavirus vaccine candidate in its first-quarter earnings release. The
The stock market can be a real mystery sometimes. Friday’s price action was a perfect example of this as overall market sentiment was bullish despite the dismal jobs data. Source: Shutterstock Mostly because of the economic damage caused by the spread of the novel coronavirus, April of 2020 will be remembered as America’s fastest monthly
When purchasing shares of a security, there are two key dates involved in the transaction. The first is the trade date, which marks the day an investor places the buy order in the market or on an exchange. The second is the settlement date, which marks the date and time the legal transfer of shares is actually executed
We’re in the midst of a crisis, and I’m not talking about the novel coronavirus pandemic. Cash is under assault, so investors should take care to guard their investment portfolios. Beyond social distancing and mask-wearing, Covid-19 is forcing people to develop new consumption habits, but the economic medicine governments are doling out is killing cash.
It’s a bit unusual for someone at the corporate level of a large-cap company to predict a stock’s low point during a crisis. That’s precisely what’s happening, however, in the case of JetBlue Airways (NASDAQ:JBLU) stock. Source: Roman Tiraspolsky / Shutterstock.com Calling stock-price bottoms is usually best left to qualified financial analysts (and, of course,
Richard Branson, Founder of Virgin Galactic (C) poses next to George T. Whitesides (R), CEO of Virgin Galactic Holdings after ringing the First Trade Bell to commemorate the company’s first day of trading on the New York Stock Exchange on October 28, 2019. Johannes Eisele | AFP | Getty Images Virgin Group founder Sir Richard
Take a look at some of the biggest movers in the premarket: Raytheon Technologies (RTX) – The defense contractor reported quarterly profit of $1.78 per share, beating the consensus estimate of $1.22 a share. Revenue also beat forecasts and Raytheon said it would not provide a financial outlook at this time due to pandemic-related uncertainty.