Homebuilder sentiment hit a record high in August, signaling that the worst of the economic downturn is probably over. According to the National Association of Home Builders/Wells Fargo Housing Market Index, confidence in the market for single-family homebuilders bounced to its
More than 30 million Americans have become jobless during the pandemic. Although first-time claims for unemployment insurance last week fell below 1 million for the first time since Mar 21 in a sign that the labor market is continuing its recovery from the coronavirus pandemic,
Wall Street is having a dream run since Mar 23, defying coronavirus-induced economic woes, and August is no exception. All the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have rallied 50% or more from their recent low levels recorded on Ma
Josh Black was looking for the next lucrative deal after scoring a 500% profit in a few weeks by investing in electric truck maker Nikola Corp following the announcement of its merger with a blank-check acquisition company.
As of late, it has definitely been a great time to be an investor in Atlas Air Worldwide Holdings, Inc. AAWW. The stock has moved higher by 22% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, cou
As of late, it has definitely been a great time to be an investor in Arbor Realty Trust, Inc. ABR. The stock has moved higher by 30.8% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could sugges
As of late, it has definitely been a great time to be an investor in AGCO Corporation AGCO. The stock has moved higher by 19.4% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that
As of late, it has definitely been a great time to be an investor in Assurant, Inc. AIZ. The stock has moved higher by 19% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the s
The Philippine central bank is widely expected to pause monetary easing on Thursday after four consecutive rate cuts to save ammunition in case the economy, already in a recession, deteriorates further, a Reuters poll showed.
Today's $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding "yes."
Taiwan's export orders likely rose in July for the fifth consecutive month, a Reuters poll showed, buoyed by robust global demand for technology products during coronavirus lockdowns that forced people to stay indoors.
Japan's manufacturers were their least pessimistic in four months in August, the Reuters Tankan survey of business sentiment showed on Tuesday, but signalled a slow recovery from the coronavirus pandemic.
Fabrinet (FN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items.
Adamis Pharmaceuticals (ADMP) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.
Frontline (FRO) closed at $8.68 in the latest trading session, marking a +0.58% move from the prior day. This change outpaced the S&P 500's 0.27% gain on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 1%.
Lululemon (LULU) closed the most recent trading day at $354.87, moving +1.65% from the previous trading session. This change outpaced the S&P 500's 0.27% gain on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 1%.
Nike (NKE) closed the most recent trading day at $105.66, moving -0.72% from the previous trading session. This change lagged the S&P 500's daily gain of 0.27%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 1%.
In the latest trading session, Dynagas LNG (DLNG) closed at $3.10, marking a +1.64% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 1%.
Kroger (KR) closed at $36 in the latest trading session, marking a +1.72% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 1%.
Veeva Systems (VEEV) closed the most recent trading day at $261.24, moving +1.12% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 1%.