Amazon (NASDAQ:AMZN) reported its earnings and most importantly its free cash flow (FCF) results for the second quarter on Jul. 29. Although revenue was higher, its FCF was lower than a year earlier as well as lower from Q1. But FCF was still positive. As a result, we can estimate where AMZN stock will be
Sideways oil prices may limit its ability to gain in the near term. But if you’re thinking of buying Exxon Mobil (NYSE:XOM) stock for its high yield, there’s little reason to worry. Source: Harry Green / Shutterstock.com With 2020’s troubles behind it, the integrated oil and gas giant is no longer at risk of cutting
Investors of American Eagle Outfitters, Inc. (AEO) have kept the share price range bound ahead of the company’s fiscal second quarter earnings announcement. At first glance, it appears that option traders are positioned for a positive move, as the number of call options is greater than the number of puts in the open interest. The
Before Palantir Technologies (NASDAQ:PLTR) issued second quarter earnings early this month, I recommended the stock. Source: rblfmr / Shutterstock.com After analyzing the prospects for its data analysis software, I suggested that if you were looking for the next big thing, “this may be worth nibbling on.” Since then, shares are up 16% as the second
U.S. stock benchmarks traded higher Thursday, with the S&P 500 index and the Nasdaq touching fresh record territory, as jobless benefit claims data showed continued slight improvement in the labor market ahead of Friday’s August employment report. How are stocks trading? The Dow Jones Industrial Average DJIA, +0.45% was trading 148 points, or 0.4%, higher
In this article SCHW Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images It’s good to be in an up market. A new Schwab report on self-directed brokerage accounts within 401(k) plans indicate that active traders have
Retail investors are betting on these ETFs.
My feelings about DiDi Global Inc. (NYSE:DIDI) can probably be summed up by saying it’s riskier than a new driver tackling “Death Road.” Otherwise known as the North Yungas Road in Bolivia, it’s one of the most dangerous roads on earth. As Lookers states in an article, “It has been estimated that around 200-300 people
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell. ChargePoint Holdings — ChargePoint, which makes charging systems for electric vehicles,
Investors interested in flying cars and all things futuristic will want to know more about Joby Aviation (NYSE:JOBY). That’s because JOBY stock represents the next step in the evolution of transportation. Source: T. Schneider / Shutterstock.com This is the first U.S. publicly listed eVTOL (electric Vertical Take Off and Landing) vehicle company out there. That
Modern divorces bring with them interesting (and potentially painful) problems to resolve—like who gets to decide the fate of any frozen embryos or who gets custody of shared pets. It also involves traditional issues, such as child custody and visitation rights. Deciding how to share or divvy up rights to living and potential living beings
When it comes to video-game retailer Gamestop (NYSE:GME), some folks might call it the original meme stock. The company doesn’t have a positive earnings profile, yet GME stock continues to trade on heavy daily volumes. Source: Emil O / Shutterstock.com Options traders are also jumping into the long side of the trade here. For instance, on
In its second concession with developers and regulators in less than a week, Apple Inc. late Wednesday said it will allow developers like Netflix Inc. and Spotify Technology to provide customers a link to create a paid account that sidesteps Apple’s in-app purchase commissions of up to 30%. The App Store update, part of a
In prior articles on Clover Health (NASDAQ:CLOV) stock, I’ve been bearish on this name still popular with the Reddit trading community. Source: Shutterstock That is still the case, even after the Medicare Advantage plan provider posted quarterly results that came in above analyst estimates, and released guidance showing that its rate of growth could come
The CMA CGM Marco Polo, an Explorer class container ship is aided by a tug boat as it crosses under the Verrazzano-Narrows Bridge, to enter New York Harbor as seen from Brooklyn, New York, U.S., May 20, 2021. Brendan McDermid | Reuters The world economy runs on global supply chains. But that system is now
Ocugen (NASDAQ:OCGN) stock is up from a near-term trough of $5.24 on April 20, and $6.13 on June 14 to $7.59 as of Aug. 31. But this gain is not as much as I predicted in my previous article on OCGN stock, where I suggested it was worth $8.08. Source: Shutterstock This implies that it still
Buying a new home can be complicated, especially if you’re a first-time homebuyer. In fact, a survey conducted by Homes.com found that 40% of Americans believe buying a home is one of the most stressful life events. Despite these challenges, the low interest rate environment of the past 18 months has created historic opportunities for
When I was younger, we had a saying on our vacations. “That was scary but not dangerous.” This meant it was fun. Right now, Carnival Corporation (NYSE:CCL) stock is both scary and dangerous. That doesn’t mean it can’t be a winner. CCL stock trades at $28, less than half of its pre-pandemic price. The market
Home builders and other construction companies increase spending in July, reflecting both higher demand and higher prices for materials. Outlays rose 0.3% in July at a $1.57 trillion annual pace, the Commerce Department said Wednesday. That’s how much money would be spent on construction in the entire country this year if outlays rose by the
A view of the New York Stock Exchange Building on Wall Street in Downtown Manhattan in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images September is the worst month, and it may not matter. It’s an old trader saw: September is the worst month of the year. It’s true, since 1945