Daily Trade

“We’re all smiles today, but by no means are we out of the woods yet,” warned AMC Entertainment (NYSE:AMC) CEO Adam Aron on Tuesday’s Q4 earnings call. “Our success could literally vaporize in an instant if we misstep.” The 68-year-old Aron might as well have been talking about AMC shareholders. Prices of the meme stock

Oil futures settled Thursday at their highest in two weeks, supported by signs of improving demand in the U.S. and improving economic data out of China. Hot inflation readings, however, stoked expectations that global central banks will continue to tighten monetary policy aggressively, possibly setting the stage for a later economic downturn that could eventually

Source: shutterstock.com/G-Stock Studio The S&P 500 has been struggling for upside and is now quietly down for three straight weeks. In the meantime, a number of hot stocks for tomorrow continue to report earnings and make key announcements as we head into March. Amid the recent pullback, several stock market warning signs have begun to

London Stock Exchange Group PLC LSEG, -2.42% said Thursday that pretax profit for 2022 rose on the back of lower costs and supported by positive progress across all divisions, and raised its dividend. The FTSE 100 stock-exchange and financial-information company reported a pretax profit of 1.24 billion pounds ($1.49 billion) compared with GBP894 million in

This is an excerpt from Tom’s guest article in the InvestorPlace Digest e-letter. To sign up for this newsletter, please click here. Last week was a terrible, horrible, no-good week for stocks. Home Depot (NYSE:HD) and Walmart (NYSE:WMT) reported surprisingly downbeat guidance, and the Federal Reserve signaled more rate hikes to come. The Dow Jones

Snowflake Inc. is well positioned to beat expectations on product revenue for the latest quarter, according to some Wall Street analysts, but all eyes will be on the company’s outlook. After Snowflake’s SNOW, +0.34% management gave an initial forecast for 47% growth in fiscal 2024 product revenue on the company’s last earnings call in late

Shares of AMC Entertainment (NYSE:AMC) surged 23% on Monday after a Delaware court announced it would delay the conversion of APE units into common stock. The theater chain is now barred from amending its certificate of incorporation until at least April 27. These moves have obviously frustrated arbitrage traders. Share conversions are a normal course of

J Sainsbury PLC said Wednesday that it will close two depots by 2026 as part of its automation and modernization plans in a move that will affect 1,400 workers. The U.K. grocer SBRY, -1.11% said that it will integrate its general merchandise logistics network in England with a proposed investment of around 90 million pounds

Charlie Munger, vice chairman of Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) and right-hand man to Warren Buffett at the company, made declarations that might alarm some of Walt Disney’s (NYSE:DIS) investors. Yet, there’s no need to panic-sell DIS stock now. It could run higher during the next few years and reward loyal investors with share-price appreciation and dividend

Three of the Federal Reserve’s regional banks — Minneapolis, St. Louis, and Cleveland — voted last month to raise the discount rate for banks by 50 basis-points to 5%, according to minutes of discount-rate meetings released by the central bank on Tuesday. Seven district banks voted to raise the rate by 25 basis points to

On Monday, shares of Troika Media Group (NASDAQ:TRKA) spiked over 30% on unusual retail interest. Over 100,000 million trades had taken place by lunch. Ordinarily, I’d ignore such moves. The attention spans of social media-based investors can feel fleeting at best — a fact that CNBC reporters decided to prove in 2021. And plenty of

Dear Quentin, I read one of your recent letters from a public-school teacher whose boyfriend wanted half the cost of a vacation when they broke up. He works on Wall Street.  This brought to mind my ex demanding that I pay half of our daughter’s uncovered medical bill. He was making about three times what

At first glance, it might look like Dell Technologies (NYSE:DELL) stock offers a good value and dividends combo. Don’t fall headfirst into a value trap, however. Now is a time to exercise prudence as, despite the company’s foray into the cloud, Dell is likely to continue struggling amid a weak personal computer (PC) market. Dell

Dear Quentin, I have an adult son who is 27 years old and works in the tech industry. I love my son, but he is not disciplined when it comes to money. He has been living in an 800-square-foot apartment in one of the most expensive cities in the U.S. Buying a place on his

Source: Shutter_M / Shutterstock The stock market began a holiday-shortened trading week on a tough note yesterday, with the S&P 500 and Nasdaq tumbling on Tuesday. In fact, the S&P 500 had its worst session of the year on Tuesday. As we look toward the rest of the week, there are concerns that the selling

Pfizer Inc. PFE, -1.30%  is in talks to acquire biotech Seagen Inc. SGEN, -0.51%,  according to people familiar with the matter, the latest potential deal for a big drug company aimed at adding a promising class of targeted cancer therapies. The talks are at an early stage and there is no guarantee there will be a deal, the

When it comes to Rivian Automotive (NASDAQ:RIVN) and competition, Tesla (NASDAQ:TSLA) may be what first comes to mind. Yet while many investors are buying RIVN stock in the hopes it is the next TSLA stock, the electric vehicle market leader isn’t this company’s main competitive threat. Rather, that honor belongs to incumbent automaker Ford (NYSE:F),

The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflation readings that have forced investors to again rethink their expectations around how high the Federal Reserve will drive interest rates. “The idea that equity markets would experience a

I’ve long warned about buying Bed Bath & Beyond (NASDAQ:BBBY) stock. No matter how low shares go, any near-term surge predicted by my Profit & Protection system would eventually turn into a dead cat bounce. Even algorithms can have trouble identifying dying businesses. On Feb. 6, rumors of a last-minute equity deal would briefly stem

In a replay of the Obama years, House Republicans are demanding spending cuts to raise the national debt ceiling and President Joe Biden isn’t inclined to negotiate. U.S. Treasury Secretary Janet Yellen is making unnecessary ruminations about a federal default if the limit is not raised. Across cycles of expansion, macroeconomic crises and recession, the national debt grows more rapidly than