A view of Moderna headquarters on May 08, 2020 in Cambridge, Massachusetts. Moderna was given FDA approval to continue to phase 2 of Coronavirus (COVID-19) vaccine trials with 600 participants. Maddie Meyer | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares jumped 10% after the data released by
As I write this on July 15, Southwest (NYSE:LUV) is having an excellent day on the markets with LUV stock up more than 8% on the day and just a little more than 60 minutes of trading until the 4 p.m. bell. Source: Carlos E. Santa Maria / Shutterstock.com The $2.81 move by Southwest puts
The utilities sector is an essential aspect of any healthy economy. The equities included in this industry range from gas and electric companies to transmission providers. Essentially, it comes down to the companies that support the very infrastructure of any modern civilization. Leaders of utilities are some of the highest paid, and many of these
Investors purchasing vaping stocks now in order to secure big gains later are in a precarious position. The market for vape products is full of potential and windfalls are clearly there for the taking. However, the vaping market is squarely in the crosshairs of regulatory bodies and under intense scrutiny. Investors are acutely aware that
Take a look at some of the biggest movers in the premarket: Morgan Stanley (MS) – The investment firm earned $1.96 per share for the second quarter, well above the $1.12 a share consensus estimate. Revenue also beat forecasts. Morgan Stanley saw net revenue and net income rise to record levels, helped by strong trading
I have to admit, there’s something to be said for Luckin Coffee (OTCMKTS:LKNCY). The company has had an accounting scandal involving millions of fraudulent transactions. That scandal caused the removal of its CEO. As a bonus, Luckin stock dropped so low it was delisted. Source: Keitma / Shutterstock.com And yet, like a phoenix rising from
What once was the joke of the major auto manufacturer is now the monster on Wall Street. Tesla (NASDAQ:TSLA) was the target of the comedy among the experts, and now the company market capitalization is more than four times that of Ford (NYSE:F) and General Motors (NYSE:GM) combined. F stock specifically has been pitiful, but
Company: Pearson PLC (PSO) Business: Pearson delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The company operates through three segments, which include North America, core and growth. The company’s North America segment includes assessments and services businesses in the United States and Canada. The
Take a look at some of the biggest movers in the premarket: Netflix (NFLX) – The video streaming service saw its bottom line fall 22 cents a share below Wall Street forecasts with quarterly profit of $1.59 per share. Revenue and subscriber additions were above estimates. Projected subscriber additions for the current quarter of 2.5
The world’s economies have been on life support for months. Major therapeutic efforts to combat this are coming from global central banks, which have been more aggressive than ever in pumping liquidity into financial systems to varying degrees of success. Against that backdrop, let’s discuss the need for dividend stocks in every investment portfolio. Like
This year is turning into the year of the shale company bust with Whiting Petroleum (NYSE:WLL) standing as a prime example of that ominous trend. Year-to-date, WLL stock is down an astounding 85.15%. If that’s not enough to keep investors, perhaps the following ought to be: in April, the Colorado-based company filed for Chapter 11
Stocks, Options, Commodities or Forex? It really comes down to personal preference. Personally, I started with the stock market and prefer it as a starting place for beginners. Why? Stocks have a lot more liquidity, they are easier to understand and it’s easier to get in/out of them. Options are my second choice because you
Kevin Matras explains how Zacks Ultimate works in this educational video.
For many people, buying a luxury handbag is not an uncommon purchase: perhaps just as common as buying a blouse at Target Corporation (TGT). While the appeal of luxury goods is undeniable– the leather is soft, the logo is flashy–the price tag can be off-putting. Unless you’ve got a good job with a high salary,
Chinese premium electric vehicle maker NIO (NYSE:NIO) has taken off like a rocket ship in 2020, with NIO stock surging nearly 600% from a low of ~$2.40 in March, to a high of ~$16.40 in July. Because I was bullish on NIO stock down at the lows, many investors have asked me: what’s the next
A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming video giant fell 6.5% after company missed earnings estimates gave guidance
The novel coronavirus and subsequent global economic slow-down have hurt the energy sector hard. Energy Transfer (NYSE:ET) has been among the hardest hit by weakness in energy prices over the past few months. ET stock is down more than 50% so far this year even though the firm has managed to claw back 30% of
Tech stocks have emerged as winners of the stock market for the first two decades of the 21st century. One would suspect that the trend should continue into the third, considering how the sector has grown over the years. With the growing influence of technology in different industries, tech stocks have evolved from being mere
Stocks ended the week on modest gains, as bulls turn their attention to next week’s earnings report. With that in mind, let’s look at a few top stock trades for Monday. Top Stock Trades for Monday No. 1: Amazon (AMZN) Amazon (NASDAQ:AMZN) has been on a tear from the March lows. Even after the latest
Bank of America (NYSE:BAC) reported second quarter earnings in mid-July that largely failed to impress. While the bank beat on the top and bottom lines, revenues fell 3% year-over-year, the efficiency ratio rose 3 points, pre-provision profits fell 9%, net interest income dropped 11% and net profits plunged more than 50% as the bank built