The Dow Jones rose slightly but techs fell as rising Treasury yields and China power curbs test a revived stock market rally.
Yahoo Finance's Akiko Fujita and Zack Guzman discuss Bitcoin's price surge ahead of ProShares' Bitcoin futures ETF NYSE debut.
Visa has a strong earnings track record and is making more moves in digital payments. Is the stock a buy right now?
–Optimizes organizational structure and operational processes to enable growth as the Company anticipates an inflection post the read-out of the CLEAR Outcomes trial– –Reduces overall workforce by 40 percent and further shifts marketing strategy towards a greater proportion of digital and virtual outreach– –Significant operational expense reductions expected in FY 2021 & FY 2022; estimated annualized cash savings of at least $80 million– ANN ARBOR, Mich., Oct. 18, 2021 (GLOBE NEWSWIRE) -- Esperi
Image by Pete Linforth from Pixabay The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The extended period of the global pandemic has changed a lot of pre-misconceptions about the cryptocurrency market. Cryptocurrencies did not stumble, and, in many cases, they not only outperformed during the pandemic but took 1 more step towards becoming a mainstream form of currency. While the stock market
Steel Dynamics topped views with Nucor and Cleveland-Cliffs due this week. Can they overcome peak steel-price fears?
According to MarketSmith, the number of mutual funds owning a piece of Teladoc stock has climbed steadily.
In this article we discuss the 10 best financial services and bank stocks to buy according to Daniel Johnson’s Gillson Capital. If you want to skip our detailed analysis of Gillson Capital’s history, investment philosophy, and hedge fund preference, go directly to 5 Best Financial Services and Bank Stocks to Buy According to Daniel Johnson’s […]
Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growing gold and silver producer focused on the Americas, reports that Tucano's geotechnical committee has advised the Company that additional remediation work is required on the Urucum Central South ("UCS") open pit to improve safety factors. As safety is the Company's primary concern, mining of ore from UCS has been temporarily suspended and measures are being taken to ensure the wellbeing of workers.
Shares of Moderna (NASDAQ: MRNA) were rising 3.3% as of 10:59 a.m. EDT on Monday. This gain came after the Financial Times reported new forecasts from health data analytics company Airfinity that project Moderna's COVID-19 vaccine could generate sales of $38.7 billion in 2022. Investors might be justified in jumping aboard the Moderna train if Airfinity's 2022 estimate is right.
UBS analyst Myles Walton cut his target for the space-tourism company's stock price to $15 from $26. Flight delays are the big problem.
Ericsson's third-quarter earnings beat expectations on Tuesday (October 19).Operating earnings rose to just over $1 billion, slightly up from a year ago.The Swedish tech firm said Tuesday that strong sales of 5G equipment in most of the world was key.Deals from all three U.S. telecom firms - Verizon, AT&T and T-Mobile - helped absorb losses in China.Ericsson's proportion of revenue from China has dropped heavily - down to 3% from a total of around 10%.Chinese sales fell by $418 million in the third quarter alone.It comes a year after Sweden banned China’s Huawei from selling 5G gear in the countryEricsson has since lost most of its share in the latest rounds of telecom tenders in China.The company also said global supply chain issues had started to bite.It was not able to deliver certain hardware to its customers due to a chip shortage and logistics problems.
Upstart Holdings Inc’s (NASDAQ: UPST) stock has appreciated by more than 787% year-to-date, and the company’s near-term upside potential already seems priced in, according to BofA Securities. The Upstart Holdings Analyst: Nat Schindler downgraded Upstart Holdings from Buy to Underperform and raised the price target from $200 to $300. The Upstart Holdings Takeaways: The company’s upbeat quarterly results were driven by share gains and significant margin expansion, with higher loan volumes and ris
Mr. Wonderful is calling for a Bitcoin boom. But he hasn't forgotten about dividends.
Jimmy Lee, The Wealth Consulting Group CEO joins the Yahoo Finance Live panel with the latest market action.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 900 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announced today that it has entered into a credit agreement to establish a revolving credit facility with ATB Financial ("ATB") in an amount of up to $25 million (comprised of an initial $10 million limit and $15 million accordion, the "Facility"), with an expected interest rate of less than 6% per annum.
The dollar dipped on Tuesday as the rapid rise in U.S. Treasury yields paused and other currencies, including sterling, were boosted by expectations of sooner-than-previously expected interest rate hikes. The greenback reached a one-year high against a basket of other currencies last week as Treasury yields surged and as investors bet the Federal Reserve may need to increase rates to address stubbornly high inflation. The dollar’s move lower on Tuesday was also likely exaggerated by technical factors as investors unloaded long positions.
Relentless innovation in the long-haul transport space, the rise of investing with ESG principles in mind, and the allure of new companies going public have spurred big moves in NKLA stock and scores of others last year. Back in May, Nikola traversed above a 50-day moving average that later began to bend higher. The fuel cell and battery electric truck start-up also finished the second quarter up almost 30%.
Dell Technologies on Tuesday said it expects to complete the long-pending spinoff of a controlling stake in VMware to Dell holders on Nov. 1, to holders of record on Oct. 29. The spin covers the entire 81% stake in VMware (ticker: VMW) held by Dell (DELL). Dell holders will receive about 0.44 VMware shares for each Dell share they own.
Prices for the century-old Swiss brand's watches are going up weekly, but the CEO of Bob's Watches says they're still a relatively affordable luxury.