Everyone in the world is wrestling with the trillion-dollar question: When will the U.S. economy open? It’s a question that is puzzling academics and medical professionals alike, and no one seems to have a definitive answer. Source: BigTunaOnline / Shutterstock.com According to Dr. Anthony Fauci, America’s top infectious disease expert, parts of the country that
Amid the novel coronavirus pandemic, Blue Apron (NYSE:APRN) stock is up 74% year-to-date. I think that the rally is overdone and that the shares of the meal kit deliverer will likely retreat after the company reports its first-quarter results on April 29. Source: Roman Tiraspolsky / Shutterstock.com Blue Apron stock shares will probably fall further
So far, 2020 has been a difficult year for long-term investors in Caterpillar (NYSE:CAT) stock. In 2020, CAT stock is down about 23%. Source: Shutterstock However, that number gives only half the story. On March 12, the shares hit a 52-week low of $87.50. Now they are hovering around $114. In other words, over the past
Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines midday Monday: Las Vegas Sands, Kohl’s, Gap, MGM Resorts — These stocks all rose sharply as hopes
Studying stock charts is important, but monitoring the financial news can give traders an extra edge. Combining technicals and fundamentals is a great way to get a complete picture of how a company is doing. Source: Shutterstock When you’re watching for news items on a specific company, earnings reports are of vital interest. For one
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Thursday he believes that scientists testing treatments for the new coronavirus will succeed in getting patients “out of the hospital faster” and reducing “death sentence” concerns. “I think the scientists are going to solve it,” predicted Cramer, who has been advising
A recent survey bodes well for airlines, including United Airlines (NASDAQ:UAL). Other good signs for the sector’s names, particularly UAL stock, are the continuously rising momentum behind opening the economy, exceptionally low oil prices, and the proliferation of antibody tests. Source: travelview / Shutterstock.com New indications that the novel coronavirus may not be as deadly
As more devastating economic numbers flood national headlines, it’s becoming clear that a V-shaped recovery only exists in the minds of the extremely optimistic or the hopelessly naïve. On Thursday, the U.S. Department of Labor reported that 4.4 million people filed for unemployment benefits for the week ending April 18. Unfortunately, it’s becoming untenable to
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL) – Delta lost 51 cents per share for the first quarter, less than the 70 cents a share Wall Street had anticipated. Revenue was below forecasts, however, and fell 18% from a year ago. Delta said it expects to
Source: GagliardiPhotography / Shutterstock.com Welcome to InvestorPlace’s American Airlines (NASDAQ:AAL) live blog, where you can find up-to-the-second insights in AAL stock news today. [Check back often, as this page will be updated with more AAL stock news and insights each day the market is open.] What Does the Future Hold for AAL and Its Peers? [Thursday, April
Geology is the study of pressure and time. That’s all it takes really… pressure… and time. Red Redding “The Shawshank Redemption” Pressure. Time. And a big gosh darn supertanker. Apologies for altering one of Morgan Freeman’s most famous lines in movies, but it had to be done to fit the oil drama that’s playing out
Some so-called novel coronavirus stocks have printed modest, token gains. Not health services app Teladoc Health (NYSE:TDOC). Despite taking a 5% hit on the Tuesday, April 21 session, TDOC stock has more than doubled from this year’s opening price. Naturally, the nature of Covid-19’s infectiousness has greatly expanded the company’s profile. Source: Piotr Swat /
With the global economy in a recession and China-U.S. tensions at all-time highs, now is not a good time to be exposed to higher-end smartphones. As a result, investors should sell Qualcomm (NASDAQ:QCOM) before Qualcomm stock follows Apple down. Source: jejim / Shutterstock.com In a column published on Mar. 13, I contended that “Apple (NASDAQ:AAPL)
Chipotle Mexican Grill is a chain of restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in Mission burritos and tacos. Roberto Machado Noa | LightRocket | Getty Images Check out the companies making headlines in midday trading. Chipotle — Shares of the Mexican restaurant chain rose nearly 10% following its strong
After a slow start, bulls got to work in the stock market today. The S&P 500 closed higher by 1.39%, although it still ended the week lower by about 1%. Investors had to digest quite a few earnings reports this week, but it seemingly pales in comparison to the number of reports scheduled for next
CNBC’s Jim Cramer on Thursday laid out two buckets of stocks that he recommends investors consider adding to their portfolios. In making his case for the stock picks, the “Mad Money” host admonished index investing in this volatile market environment. “Stop circling the wagons around index funds here,” he said. Investing in index funds, a
Netflix (NASDAQ:NFLX) stock is coming off record highs and just issued quarterly earnings that show skyrocketing subscriber growth. You’d think that’s a recipe for the bullish rally to continue, right? Source: vesperstock / Shutterstock.com Not so fast. There are actually a lot of contrarians out there who pushed Netflix stock down following its April 21
When oil services giant Halliburton (NYSE:HAL) reported its first-quarter results on Monday, the share price shot up by about 15% to $7.94. But unfortunately, this was little comfort for longer-term shareholders. Consider that – a year ago – Halliburton stock was at $31 or so. Source: Casimiro PT / Shutterstock.com OK then, so let’s take
Eddie Rodriguez (R) and other City of Hialeah employees hand out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle | Getty Images Another 4.3 million workers are expected to have filed state unemployment claims last week, bringing the total
It was a strong end to the week, though the S&P 500 was still on track for a weekly loss, as oil rallied again and tech stocks drove the major equity averages higher on Friday. Source: Provided by Finviz The S&P 500 added 1.39% The Dow Jones Industrial Average advanced 1.09% The Nasdaq Composite climbed 1.65%