Tag: stocks

July 25, 2024

Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate has reduced its stake in the bank. The Omaha, Nebraska-based holding company sold another 18.9 million shares via transactions on […]

July 24, 2024

In a notable downturn, BAER shares have reached a 52-week low, trading at a price of $2.83. This marks a significant dip for the company, which has been grappling with a challenging market environment. The low price level reached is […]

July 12, 2024

Finsbury Growth & Income Trust’s (FGT) strategy is based on the premise that one way to achieve competitive investment returns is to run a concentrated portfolio built around positions in world-class companies that offer access to long-lasting and money-making global […]

July 5, 2024

Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia (NASDAQ:NVDA) will be tested in coming weeks as investors learn whether profit growth from other companies is starting to catch up with that of the tech-related leaders. The S&P […]

June 25, 2024

Nvidia has shed nearly 16% of its market value in the last three trading sessions as sellers take control of the world’s largest chipmaker. Nvidia became the world’s largest company last week, with a valuation in excess of $3.34 trillion, […]

June 17, 2024

The technology sector in the United States continues its upward momentum, propelled by the persistent demand for the Mag 7 stocks. The Nasdaq 100 index is nearing the significant 20,000 level. The top three corporations in the Nasdaq – Nvidia, […]

June 6, 2024

Michael F. Leggio III, Chief Operating Officer of Adams Resources & Energy, Inc. (NYSE:AE), has recently purchased shares of the company’s common stock, signaling a vote of confidence in the enterprise. On May 28, 2024, Leggio acquired 200 shares at […]

May 29, 2024

On Wednesday, Evercore ISI maintained its Outperform rating and $330.00 price target for Salesforce.com (NYSE:CRM), anticipating a positive earnings report. The firm forecasts that the company will likely exceed first-quarter expectations modestly, particularly in subscription revenue, Current Remaining Performance Obligations […]

May 29, 2024

On Wednesday, Deutsche Bank kept its Buy rating on American Airlines (NASDAQ:AAL) but noted a significant revision in the company’s financial outlook for the June quarter. The airline now expects a year-over-year unit revenue decline of 5% to 6%, a […]

May 16, 2024

The Dow Jones Industrial Average stock index hit 40,000 for the first time Thursday amid renewed investor hopes for a “soft landing” for the U.S. economy following a favorable inflation report. The index, which is comprised of the stocks of […]

May 7, 2024

Energy Fuels (TSX:EFR) Inc. (NYSEAMERICAN:UUUU), a leading miner in the nonmetallic minerals sector, reported a recent purchase of company shares by one of its directors, Ivy Estabrooke. The transaction, which took place on May 7, 2024, involved the acquisition of […]

April 30, 2024

China Vanke 000002 -1.98% shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector. Shares were 9.5% lower at 4.48 Hong Kong dollars (US$0.57) in Tuesday afternoon trading, taking this year’s loss to 38%. Shares […]

April 15, 2024

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for […]

April 10, 2024

Financial market traders often embrace volatility because it presents opportunities for significant profits, albeit with higher risks. Volatility refers to the degree of variation in the price of a financial instrument over time. When markets are volatile, prices fluctuate rapidly, […]

April 8, 2024

Saudi Arabia stocks were higher after the close on Monday, as gains in the Retail, Telecoms & IT and Energy & Utilities sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share added 0.66%. The best […]

April 1, 2024

On Monday, CFRA made adjustments to its outlook on Carnival Corporation (NYSE:CCL), reducing the 12-month stock price target from $23.00 to $19.00, yet reaffirming a Buy rating on the stock. The revision reflects a new target price based on 9.8 […]

April 1, 2024

On Monday, Raymond James issued a downgrade for Disc Medicine (NASDAQ:IRON) from Strong Buy to Outperform, simultaneously lowering the stock price target to $40 from the previous $75. The adjustment comes in response to uncertainties surrounding the future of bitopertin […]

March 28, 2024

Historians believe that the Ancient Mayans used cocoa beans as a form of currency, trading them and possibly even using them to pay workers. Centuries later, we prefer to eat the stuff – preferably in the form of a chocolate […]

March 26, 2024

Tuesday, GLJ Research maintained a Sell rating on Tesla shares (NASDAQ:TSLA) with a price target of $23.53, revising down its Q1 delivery estimates due to softening demand in China and the United States, coupled with sluggish European sales in recent […]

March 8, 2024

U.S. stocks inched broadly higher on Friday after a widely-anticipated labor market report showed that the American economy added more jobs than expected last month, although January’s blockbuster number was revised sharply lower. By 09:40 ET (14:40 GMT), the S&P […]