The standout star of the marijuana industry last week was unquestionably Aurora Cannabis (NYSE: ACB). In a sector that is starved for good news, Aurora delivered with its Q3 results, showing improvement in several areas that badly needed some.
Technology stocks were climbing in late Monday trading, with the SPDR Technology Select Sector ETF advancing 2.6% while the Philadelphia Semiconductor Index was rising 4.9%.
The auto industry has been hit particularly hard by the coronavirus pandemic: Automakers' factories were closed in many countries amid worldwide efforts to slow the spread of COVID-19, and electric-car maker Tesla (NASDAQ: TSLA) was no exception. After dealing with the relativel
What happened
Shares of transportation and logistics companies are surging on hopes that scientists are making progress in developing a COVID-19 vaccine, which could speed the process of reopening the economy and getting shipping volumes back to normal levels.
Energy stocks extended their mid-day advance amid large gains for crude oil and natural gas this afternoon, with the NYSE Energy Sector Index climbing about 7.5% while the SPDR Energy Select Sector ETF was up 8.4%.
(RTTNews) - Adam Mosseri, the head of Facebook's (FB) Instagram, on Monday explained that the that social media giant's acquisition of animated-gif company Giphy was not about acquiring user data.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in General Motors Co (Symbol: GM), where a total volume of 73,192 contracts has been traded thus far today, a contract volume which is representative of approxima
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Hess Corp (Symbol: HES), where a total of 12,502 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to about 40.4% of
Declaring Chapter 11 bankruptcy after devastating sales losses to COVID-19 deepened its already existing troubles, department store chain J.C. Penney (NYSE: JCP) says it intends to close a greater number of stores than it originally meant to. The total permanent closures are no
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Editas Medicine Inc (Symbol: EDIT), where a total volume of 4,078 contracts has been traded thus far today, a contract volume which is representative of approx
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in C.H. Robinson Worldwide, Inc. (Symbol: CHRW), where a total volume of 8,459 contracts has been traded thus far today, a contract volume which is representative
What happened
Shares of several retail-chain operators were trading higher on Monday, amid a broad-based market rally driven by promising news from an early COVID-19 vaccine trial.
Stocks fought back from another lower open on Friday, but it wasn’t enough to save the whole week as the plunges on Tuesday and Wednesday proved too severe to overcome.
There was no break from negative economic data today, as retail sales for April plunged 16.4%. That was w
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Adobe Inc (Symbol: ADBE). The average 12-month price target for ADBE — averaging the work of 20 analysts — reveals an average price target of $335.60/share. That'
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with JD.com, Inc. (Symbol: JD). The average 12-month price target for JD — averaging the work of 13 analysts — reveals an average price target of $48.88/share. That's
Mid-cap companies, as the title implies, are businesses that have grown enough to no longer be considered small but remain significantly smaller than the biggest corporations. While the definition is subjective and arbitrary, mid-caps are generally considered to be businesses wi
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with ZTO Express (Cayman) Inc (Symbol: ZTO). The average 12-month price target for ZTO — averaging the work of 5 analysts — reveals an average price target of $28.20/sh
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with DexCom Inc (Symbol: DXCM). The average 12-month price target for DXCM — averaging the work of 18 analysts — reveals an average price target of $358.39/share. That
In recent trading, shares of Vertex Pharmaceuticals, Inc. (Symbol: VRTX) have crossed above the average analyst 12-month target price of $282.79, changing hands for $288.69/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — an