Fortunes of oil majors are in general linked to the price of crude. As we enter June, investors are wondering if they should buy Exxon Mobil (NYSE:XOM) stock now. Before you make a decision, it is important to look at the fundamental drivers behind the XOM share price. Source: Michael Gordon / Shutterstock.com So far the
The CEO of United Airlines (NASDAQ:UAL) is in an unenviable position. His airline was humming just seven months ago. Fuel costs were down and passenger volume was up. But now, UAL stock has plummeted 68% since the start of the year. Amid the novel coronavirus chaos, the company has just announced a management shakeup in
SpaceX’s Crew Dragon spacecraft docks with the International Space Station on May 30, 2020. NASA CAPE CANAVERAL, Fla. — The inaugural SpaceX astronaut mission successfully completed the first leg of its journey on Sunday, docking with the International Space Station. “It’s been a real honor to be just a small part of this nine year
Take a look at some of the biggest movers in the premarket: Abercrombie & Fitch (ANF) – The apparel retailer lost $3.29 per share for its latest quarter, wider than the loss of $1.39 per share anticipated by analysts. Revenue was also below forecasts, with sales impacted by pandemic-related closures. Dollar General (DG) – The
Data released from the National Institute of Health’s study of Gilead‘s (NASDAQ:GILD) treatment for the novel coronavirus, remdesivir, was quite positive. Indeed, a South Korean doctor who was involved in carrying out the study said that the reduction of mortality seen in novel coronavirus patients taking the drug was “meaningful.” That statement alone makes GILD
Halliburton (NYSE:HAL), the oilfield services company once run by former vice president Dick Cheney, is in deep trouble. A reported loss of $1 billion, $1.16 per share, on revenue of $5 billion during the March quarter is just part of of the problem for Halliburton stock. While domestic activity dropped 25% during that quarter, the
The SpaceX Crew Dragon spacecraft for Demo-2 inside the company’s hangar at NASA’s Kennedy Space Center. SpaceX SpaceX is set for its most important milestone yet, in a launch that may well define the future of the U.S. space program. Elon Musk’s company plans to launch a pair of NASA astronauts on Wednesday — the
People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Here are the companies making headlines in midday trading: HP Inc. — Shares of the tech company plunged more than 11% after it reported lower-than-expected revenue for
Alibaba (NYSE:BABA) stock investors just can’t seem to catch a break. Between the trade war, the novel coronavirus and now fears over a potential U.S. delisting, the stock has been bombarded with negative headlines over and over. Source: Kevin Chen Photography / Shutterstock.com None of these headlines have anything directly to do with the company
Key Takeaways Noncurrent assets describe a company’s long-term investments/assets that have useful lives of at least one year. Noncurrent assets traditionally include real estate properties, manufacturing plants, equipment, and other tangible or fixed physical items that are highly illiquid because they can’t be expeditiously sold for cash. In some cases, noncurrent assets also include intangible
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: The FED is short for the U.S. Federal Reserve. The mission of the FED is to care for the U.S. economy.
In today’s episode of let’s talk stocks, we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock
Learn how to play both sides of the market and potentially make money no matter which way the market goes.
Investors fortunate enough to have bought Chevron (NYSE:CVX) stock at its March 23 low of $54.22 per share have made a very nice return. Since then, Chevron stock rebounded nicely to trade in the low-$90s for the past month. At $91.70, there’s a lot of upside between here and $120, which is where CVX traded
In a recent write-up, I discussed how Penn National (NASDAQ:PENN) stock isn’t the best casino play out there. But, given how shares have skyrocketed in recent weeks, did I miss the mark? Or was I too early to the party, going bearish before the excitement dissipated? Source: Casimiro PT / Shutterstock.com A little from column
Mohamed El-Erian told CNBC on Tuesday that there was “good news across the board” on the coronavirus battle as U.S. stock surged. Appearing on “Squawk Box,” the chief economic advisor at Allianz said he is encouraged by developments on a potential Covid-19 vaccine and the lack of a dramatic spike in new cases as states moved to reopen
A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York, March 6, 2020. Andrew Kelly | Reuters Corporations, borrowing at more than twice last year’s pace, have already raised more than $1 trillion as they race to restructure older debt, pay down bank lines and
American Airlines (NYSE:AAL) dropped 8% on May 28 after reporting earnings. Clearly investors have not yet come to terms with all of the woes that the industry is facing. This also put pressure on Southwest Airlines (NASDAQ:LUV), which fell 3% on Thursday and some more this morning. But it hasn’t all been bad news in
In an investment presentation given by Goldman Sachs on Wednesday, Goldman listed a number of reasons why they think Bitcoin is not an asset class. The presentation said that not only was Bitcoin “not an asset class,” but that it also lacked the attributes of being a “suitable investment” at all. In Goldman’s presentation, it
CNBC’s Jim Cramer on Thursday recommended investors continue adding the remote work plays to their investment portfolios as the stocks pull back. “These stocks have been big winners since the bottom in March, and while many of them have fallen out of favor this week, I think that’s temporary,” the “Mad Money” host said after