Category: stock
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4 bullish signals are pointing to more stock gains ahead, according to Bank of America
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Spencer Platt/Getty Images Bank of America technical analyst Steven Suttmeyer says the stock market is likely to continue rising. In a note on Tuesday, Suttmeyer highlighted four positive signs that point to a healthy bull market. “The rotation, which is the lifeblood of a bull market, suggests that the S&P…
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Ford profit disappoints, stock falls 11% as quality issues dog automaker By Reuters
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By Nora Eckert and Nathan Gomez (Reuters) – Ford Motor Co reported a drop in second-quarter adjusted profit on Wednesday as the automaker continued to grapple with costly quality issues and an electric vehicle business that weighed on its bottom line, sending shares down 11% in after-hours trading. The Detroit…
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Big Tech earnings wont be make or break for the stock market: Morning Brief
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This is what I took away from today’s morning briefing, which you can subscription To be delivered to your inbox every morning with: Tesla (TSLA) and Alphabet (GOOGL) kicked off Tuesday’s big tech earnings season with mixed results. Both were down in after-hours trading. But for all the concern about…
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The stock market is approaching 2 catalysts that will spark the next leg of the bull run, market vet says
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Ed Yardeni, President and Chief Investment Strategist, Yardeni Research, April 30, 2015Adam Jeffrey/CNBC/NBCU/Getty Images Ed Yardeni said the record stock market rally will get a boost from key economic data and earnings results. Second-quarter GDP and June personal consumption expenditure data on Thursday and Friday could bolster the soft landing…
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Biggest stock movers today: NXPI, CCK, and more (NASDAQ:TUSK)
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Richard Drew Stock futures fell in premarket trading Tuesday as investors prepared for earnings reports from major companies including Coca-Cola, General Motors, Tesla, Google and IBM. Here are some of the most moving stocks on Tuesday: Biggest Gainers in Stocks Crown Holding (New York:CCK) stocks rose About 6% After reporting…
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Cathie Wood’s Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings
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Cathie Wood’s Ark Invest Sold $5.3 Million in Crowdstrike Stock, Dumped $3.7 Million in Tesla Stock Ahead of Q2 Earnings on monday, Katie Wood-Drove Ark Invest He made major deals including: CrowdStrike Holdings (NASDAQ: CRWD) and Tesla Inc. (NASDAQ:TSLA), despite the turbulent market conditions surrounding these companies. Crowdstrike Trading the…
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France urges Europe to step up work on faster stock market settlements By Reuters
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PARIS (Reuters) – The Bank of France and the country’s financial markets regulator urged Europe on Monday to step up work on halving the time it takes to settle stock trades, allowing Europe to catch up with Wall Street. The joint statement from the Bank of France and the securities…
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Citi maintains buy on Micron stock, eyes Samsung move By Investing.com
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On Monday, Citi reiterated its buy rating on Micron Technology (NASDAQ:) with a $175.00 price target. The firm expressed concerns that the stock could face short-term pressure. The focal point of these concerns is the expectation that Samsung (KS:) will qualify for its high rating. Bandwidth (NASDAQ:) Memory (HBM) with…
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Stock investors are staring down a bearish trifecta that could spark a 12% market drop by October, strategist says
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Stocks could see a double-dip correction over the next three months, according to a veteran strategist.Getty Images; Jenny Chang Rodriguez/PA Bill Blaine said stock markets could see a double-digit decline by the fall amid a host of headwinds. The veteran strategist said stocks are overvalued and face risks from rising…
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ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year
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In addition to being the most valuable energy company in the United States, Exxon Mobil It is a consistent dividend payer, with more than 42 consecutive years of increased paymentsWith its diversified business model and sufficient cash flow to invest in organic growth, acquisitions and energy transformation, Exxon and its…
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A Few Years From Now, You’ll Wish You’d Bought This Undervalued High-Yield Stock
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Enbridge (NYSE:ENB) It’s not an exciting company, but that’s actually one of the biggest draws here. That’s in addition to a very high dividend yield of around 7.4%. But to appreciate why you’ll be happy to buy this stock in a few years, you need to dig deeper into its…
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Where Will Nvidia Stock Be in 20 Years?
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There’s one stock everyone wants to talk about: Nvidia (NASDAQ: NVDA)And for good reason. The stock has gained nearly 1,000% in less than two years, meaning a $10,000 investment in late 2022 would be worth about $100,000 today. While no one can predict what will happen, there are two paths…
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Stock Market News Today: Markets post worst week since mid-April (SP500)
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Wall Street on Friday posted its worst week since mid-April, as the exodus from technology stocks continued over the past few days, sparked by Thursday’s consumer inflation report. The technology-heavy Nasdaq Composite Index (Compound: Indian) I recorded the first three days A losing streak since June 24, Decrease by 0.81%…
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Agenus stock cut at Baird on FDA feedback (NASDAQ:AGEN)
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George Clerc After falling nearly 60% in the previous session, Agenus shares (NASDAQ: Agen) Decreased by ~5% Shares of Baird fell Friday after the company downgraded its rating, citing FDA reactions to its colorectal cancer treatment combination BOT/BAL that led to selling. After meeting with Food and Drug Administration, Agnusan…
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Microsoft stock falls as outage grounds flights, Azure services impacted By Investing.com
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Microsoft (NASDAQ:) experienced an outage of Azure and Office365 services that grounded flights by at least two low-cost airlines in the United States late Thursday, with services still suspended through Friday morning. Microsoft shares fell 1.8% in premarket trading on Friday. Frontier Airlines said its systems were gradually returning to…
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US stock futures rise as tech rout pauses; major earnings awaited By Investing.com
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U.S. stock index futures were slightly higher in overnight trading on Thursday as a broad rotation into heavy technology stocks appeared to ease ahead of a string of key earnings from the sector next week. But sentiment remained fragile after disappointing earnings from Netflix (NASDAQ:), while uncertainty over U.S. politics…
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TSMC set to report strong profit; stock pressured by Trump comments By Reuters
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TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co., the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 30 percent jump in second-quarter profit on Thursday on surging demand. The world’s largest contract chipmaker, whose clients include Apple (NASDAQ:) and Nvidia (NASDAQ:), has benefited from…
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These Stock Winners Are ‘Strong Buys’ With More Room Left to Run
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Last year was a strong bull market, and so far this year stocks are continuing their winning streak. A quick look at the Nasdaq shows a 30% gain over the past 12 months, while the S&P 500 is up 25% over the same period. It’s an environment that has investors…