Check out the companies making headlines before the bell: SeaWorld Entertainment – The theme park operator reported a quarterly loss of 72 cents per share, 2 cents wider than expected, while revenue fell below estimates. SeaWorld closed its parks in mid-March due to the coronavirus outbreak, but said it remains confident in the resiliency of
Despite another disappointing jobless claims report, stocks found a way to rally on Thursday. That said, here’s a look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Square (SQ) At first, Square (NYSE:SQ) dipped on earnings. However, bulls have reversed their fortunes, with shares ending the day on
Once left for dead as a failed e-commerce company that made a costly and ill-advised jump into the blockchain world at the wrong time, Overstock.com (NASDAQ:OSTK) has come roaring back to life amid the novel coronavirus pandemic. From it’s mid-March lows, Overstock.com stock is up a jaw-dropping 5,500%. Source: Burdun Iliya / Shutterstock.com Why the
Shares of Facebook (NASDAQ:FB) gained 10% after the tech giant announced better than expected first-quarter results on April 29. FB stock has now made up all the ground it lost since the beginning of the year. Source: rvlsoft / Shutterstock.com With people sheltered at home, user engagement numbers soared, as daily active users grew at an
The stock market’s coronavirus-driven bottom in late March is “definitely going to be the low” during the crisis, Wharton School professor Jeremy Siegel told CNBC on Friday. In fact, Siegel said the massive monetary policy response from the Federal Reserve, along with additional progress on treatments and possible vaccines for Covid-19, could really boost stocks next year.
Luis Mora stands in front of the closed offices of the New York State Department of Labor on May 7, 2020 in Brooklyn, New York City. Stephanie Keith | Getty Images The economy lost a record 20.6 million jobs in April, but 78.3% of those worker see their layoffs as temporary. The number of employees
zacks.com zacks.com/ultimate
Stocks rallied to finish the week, vaulting despite an April jobs report that felt ripped straight from the Great Depression. Source: Provided by Finviz The S&P 500 advanced 1.69%. The Dow Jones Industrial Average rose 1.91% The Nasdaq Composite tacked on 1.58% Broadly speaking, cyclical names were in style as Dow Chemical (NYSE:DOW) was the leader
An operating margin is a financial metric that research analysts frequently rely on to measure the money a company generates from sales, after subtracting the costs of production, such as wages and raw materials, but before paying interest or taxes. This differs from the contribution margin, which specifically measures the production costs for an individual
The 5G revolution is coming, and that means it’s time to look for the best 5G stocks to buy to play this revolution. First, let’s take a step back. What exactly is 5G? 5G is simply the 5th Generation (hence 5G) mobile network. It naturally follows 1G, 2G, 3G, and 4G, and represents the new
Is Southwest Airlines (NYSE:LUV) stock a good “bottom-fishing” opportunity? That depends. Sure, it’s stronger than its rivals. But that may not be enough. Source: Carlos E. Santa Maria / Shutterstock.com We may have made progress on overcoming the novel coronavirus pandemic. Yet, air travel could remain in the dog house for quite some time. As
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Bill Ackman has found another typical investment for him: a high quality business with predictable cash flows, durable growth and a catalyst in the coronavirus to separate it from other stocks. Company: Restaurant Brands International Inc. (QSR) Business: A quick service restaurant
An employee of Carmelina’s in the North End of Boston tapes up paper in the windows of the restaurant, which is temporarily closing during the coronavirus pandemic, on March 25, 2020. David L. Ryan | The Boston Globe via Getty Images There was a glimmer of hope in the dismal April jobs report in that
Despite more than 20 million job losses in April, equities continued to power higher on Friday. Let’s look at a few top stock trades for next week. Top Stock Trades for Tomorrow #1: Invesco QQQ ETF The Invesco QQQ ETF (NASDAQ:QQQ) hit its highest level since February. The exchange-traded fund has been resilient, rallying more
Thought a record plunge in employment would take stocks down? Not even close. The S&P 500 rallied over 1.5% in the stock market today, while the Nasdaq its highest level since February. At this point, investors shouldn’t be surprised. We’ve seemingly rallied on every poor weekly jobless claims report, and barely flinched from this week’s
As the markets look to finish the first full week of the new calendar month, the current bullish trend in motion continues to look friendly overall. But notorious fabled advice is also making sense in select overbought price charts, hinting at stocks to sell right now. It wasn’t long ago that the novel coronavirus pandemic allowed
Nora Tam | South China Morning Post | Getty Images Tesla stock has risen more than 7% since Tesla CEO Elon Musk’s tweet a week ago that the company’s shares were priced “too high.” Shares of Tesla closed down down 10.3% last Friday on Musk’s tweet, but have quickly recovered those losses and then some –
CVS Health (NYSE:CVS) beat market estimates for sales in its May 6 report but the share fell 5% anyway. The CVS stock price has eked out a 3% gain since its mid-March low, while the S&P 500 index is up 5.1% in the same seven or so weeks. Source: Shutterstock That report? Earnings of $2.01 billion,
Lay Guzman stands behind a partial protective plastic screen and wears a mask and gloves as she works as a cashier at the Presidente Supermarket on April 13, 2020 in Miami, Florida. Joe Raedle | Getty Images Investors will watch the economy’s reopening progress, as well as a series of economic reports in the coming
Earnings reports are a cornerstone of fundamentals-based research for stock market investors and traders. This is true across all economic sectors, and today we’ll apply this concept to companies in the pharmaceutical industry and their big stock charts. Source: Shutterstock Don’t get the wrong idea. One good earnings report doesn’t mean that a company’s stock