Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell: Lululemon — Shares of Lululemon rose slightly after the athletic apparel retailer posted quarterly results that topped expectations. Lululemon reported sales of $1.1 billion, up
With stimulus talks at another standstill and vaccine momentum in the rearview mirror, U.S. equity markets fell today, bringing the S&P 500 and the Nasdaq off their record highs. The losses were mild with technology and stay-at-home stocks leading the declines. This article is an excerpt from our free The Market Sum newsletter. Sign up here to
After a blockbuster performance in 2020, now may be the time to sell gun company stocks. Sure, there’s plenty in motion to fuel a continued rally in firearms names. With the Democratic Party back in control of the White House, we could see a continued mad rush to buy guns, as seen during the Obama
Freshly public workflow management software provider Asana (NYSE:ASAN) recently announced its first quarterly earnings report as a public company, and it was a smashing success. Revenues topped expectations. So did earnings. The guide came in ahead of expectations, too. Asana stock popped about 15% in response to the strong print. Source: rafapress / Shutterstock.com Zooming
Time for another charging pun? It looks like it, with Blink Charging (NASDAQ:BLNK) shares powering up in the stock market today. Importantly, the move in BLNK stock follows some impressive company news, and a recent trend in charging plays. So what do you need to know right now? Source: David Tonelson/Shutterstock.com To start, investors should
SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as interest in the space industry
Take a look at some of the biggest movers in the premarket: Moderna (MRNA) – The drugmaker has begun a study of its Covid-19 vaccine candidate involving adolescents aged 12 to less than 18. Moderna has dosed the first participant in a study expected to enroll 3,000 healthy people. Shares of Moderna was down 1.3%
As a technology, blockchain is quickly becoming unrivaled. Although the Internet has long been familiar with other peer-to-peer applications for file sharing, music streaming, and more, the idea that these types of networks can provide their own security and resources has only been around since 2008. In the decade since its inception, blockchain was mostly
It seems that for the past several weeks, the news has been dominated by questions surrounding the Covid-19 vaccine candidates: Which company’s candidate will be approved first? Is subunit or nucleic-acid-based better? When will everyone have access? For prospective buyers of Carnival (NYSE:CCL), I’m afraid the answers to these questions don’t really matter. Regardless of
Covid-19 has impacted different companies very differently. One company that has been a surprising beneficiary of the pandemic is payments company Square (NYSE:SQ). Year-to-date, Square stock has surged 225% to record highs. Source: Jonathan Weiss / Shutterstock.com I say “surprising” here because Square should actually be one of the companies that was hit hardest by
After a bad start, ridesharing platform Uber (NYSE:UBER) is now selling for well above its $45 initial public offering (IPO) price. However, Lyft (NASDAQ:LYFT) — a very similar company — is yet to see its $72 IPO price. But that may be about to change for Lyft stock. Source: Tero Vesalainen / Shutterstock.com How? After
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., gestures while speaking during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Thursday, March 14, 2019. Christopher Morin | Bloomberg | Getty Images JPMorgan Chase has a set of policy recommendations for ways President-elect Joe Biden can prevent a
Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Check out the companies making headlines midday on Monday: Tesla — Tesla jumped more than 4% to hit a
Shortly after the open on December 7, 2020, Interactive Brokers, a platform that is typically resilient and crash-proof, had major issues. Customers of Interactive Brokers started complaining on Twitter and posting reports to DownDetector very early in the morning, peaking at 9:30 AM Eastern Time, saying they were unable to log in to their accounts.
I am a firm believer in solar energy, and It’s been a great year for solar stocks. As storage technology becomes better, and the global middle class grows, solar stocks will remain excellent investments moving forward. However, some companies in the space are better than others. You should be conscious of how solar stocks are
At Sure Dividend, we recommend investors focus their portfolios on high-quality dividend stocks. More specifically, this refers to companies with leadership positions in their industry, that possess durable competitive advantages. These companies also have the ability to pay dividends to shareholders. The best dividend stocks can generate excellent long-term returns. Even better, investors can buy
It’s hard to look anywhere without seeing Twitter (NYSE:TWTR) in the news. We’ve encountered a new feature, we’ve heard President Donald Trump’s wrath and now we’ve read an earnings report that sent Twitter stock tumbling. Source: Sattalat phukkum / Shutterstock.com Fortunately for investors, however, Twitter seems to be on the rebound. And the likelihood that
Food delivery company DoorDash’s (NYSE:DASH) Wednesday IPO saw immediate gains. Shares popped up 7% in auction as investors rushed to snap up DoorDash stock. More short-term gains look likely; speculators might want to buy the stock first and ask questions later, while the market digests the company’s unusual IPO. Source: Sundry Photography / Shutterstock.com The
CNBC’s Jim Cramer said Wednesday he believes there is “rabid money” interested in upcoming technology IPOs, but he urged young investors not to chase after DoorDash once the third-party delivery company goes public. “When people know the brand, the younger inventors just say, ‘You know what, get me some,'” Cramer said on “Squawk on the Street,” “DoorDash
Take a look at some of the biggest movers in the premarket: Campbell Soup (CPB) – The food maker reported quarterly profit of $1.02 per share, 11 cents a share above estimates. Revenue topped forecasts as well. Campbell also raised its quarterly dividend by 6% to 37 cents per share. The shares gained 1.5% in