Take a look at some of the biggest movers in the premarket: Costco (COST) – Costco reported quarterly earnings of $3.04 per share, 20 cents a share above estimates. The warehouse retailer’s revenue also beat Wall Street forecasts. Comparable-store sales rose 11.4% compared to the 7.8% consensus estimate of analysts polled by Refinitiv. Costco also
After opening lower on the day, bulls seized control on Thursday. With that in mind, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Nasdaq ETF (QQQ) Wednesday’s selloff was clear as day. The Nasdaq Composite was butting up against resistance on multiple timeframes, and failing to
According to analysts, AT&T (NYSE:T) stock should more than cover its dividend when the company next reports earnings Oct. 26. Source: Jonathan Weiss / Shutterstock.com The consensus among analysts is for 77 cents per share of earnings. The dividend costs 51 cents. But in a world where the 30-year government bond yields 1.4%, AT&T stock is
Investors in Hertz (NYSE:HTZ) stock should be under no delusions that their equity stake is anything other than worth zero. HTZ stock trades for a bit above a dollar per share ($1.28, as of Sept. 21), and its market capitalization is $206 million. Source: Eric Glenn/Shutterstock.com But, in all likelihood, once its Chapter 11 bankruptcy
[embedded content] Workhorse (NASDAQ:WKHS) has been absolutely on fire in 2020, with WKHS stock skyrocketing 825% higher this year on the back of abundant investor optimism with respect to the company’s ability to disrupt the last-mile delivery market with a next-gen electric delivery van. Source: Photo from WorkHorse.com This optimism is not misplaced. All transportation
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Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019. David Paul Morris | Bloomberg | Getty Images With all due respect to the late, and great, Tom Petty, when it comes to today’s stock market averages, it’s “the weighting that is the hardest part.”
A computer-generated image from interiors contractor Portview shows how office space may be segregated as people go back to the workplace after the coronavirus lockdowns are eased. Portview What will the post-Covid workplace look like? Steelcase is one of the largest manufacturers of office furniture — desks, chairs, storage products and office pods — and
Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Check out the companies making headlines in midday
Healthcare, one of the largest and most complex sectors, is comprised of a broad range of companies that sell medical products and services. The healthcare sector includes companies that sell drugs, medical devices, and insurance, as well as hospitals and healthcare providers. Some of the largest healthcare companies in the world include UnitedHealth Group Inc. (UNH), Pfizer
As you can imagine, covering the largest banking firms can be quite a complex task. But at the end of the day, the most important consideration for organizations like Bank of America (NYSE:BAC) is that they are economic bellwethers. Sure, the nuances of their specific fundamentals allow for some distinction. But especially at a time
There has been so much written this year about the rise in e-commerce stocks in the age of the novel coronavirus, and the rapid shift in shopping habits away from brick-and-mortar stores. As you look for names with the most upside potential, don’t forget about Alibaba (NYSE:BABA) stock. Source: zhu difeng / Shutterstock.com It’s natural
Billionaire media mogul Barry Diller on Tuesday urged investors to maintain sizable cash positions following the stock market’s robust rally from coronavirus-induced lows in late March. “Personally, and professionally, every nickel you can, keep it … wherever it’s banked,” the chairman of both Expedia and digital media group IAC said on CNBC’s “Squawk Box.” Diller noted that IAC in August
Take a look at some of the biggest movers in the premarket: Accenture (ACN) – The consulting firm reported quarterly profit of $1.70 per share, falling 3 cents a share short of Wall Street forecasts. Revenue also came in slightly shy of estimates and the company gave a weaker-than-expected current-quarter revenue forecast, as clients spend less
After opening about flat on the day, the market selloff picked up steam on Wednesday, with the S&P 500 falling more than 2% at one point and the Nasdaq Composite falling 3%. With that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Nike (NKE)
Shares in United Healthcare (NYSE:UNH) were the “disaster du jour” on Sept. 21, following the death of Supreme Court Justice Ruth Bader Ginsburg. At one point, UNH stock was down $17. Source: Ken Wolter / Shutterstock.com The stock’s fall assumed Ginsberg’s death will let the Trump administration have the Affordable Care Act, known as Obamacare,
The cruise industry has been hammered ever since the onset of the novel coronavirus. Despite a steady recovery by the stock market, investor sentiment towards cruise stocks remains poor. As a result, the share price of Norwegian Cruise Line (NYSE:NCLH), a household name in the sector, has dropped almost 75% this year, burning many owners
[embedded content] The likes of DraftKings (NASDAQ:DKNG), Virgin Galactic (NASDAQ:SPCE) and Nikola Motors (NASDAQ:NKLA) have had enormous success in using special purpose acquisition companies (or SPACs, for short) to go public in 2020. So it should be no surprise that companies of all sorts — such as Kensington Capital Acquisition (NYSE:SPAC) — are coming out
Everybody wants to fly at the front of the plane. The bigger, more comfortable seats, a constant supply of snacks and drinks, and boarding and deplaning first are some of the perks that come with first class or business class seating. International and U.S. transcontinental flights often offer both classes. Shorter-duration flights may only offer
In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Market action around the election is expected to be so volatile that Interactive Brokers is forcing clients to put up more money in order to trade using leverage. The retail broker is increasing margin