Feel free to stop me if you’ve heard this before, but stocks making new highs tend to make even higher highs, especially when analysts' positive earnings estimate revisions roll in.
Tech stocks were mixed on Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the Philadelphia Semiconductor index advancing 0.6%.
President Joe Biden's re-election campaign, popularly known as Bidenomics, is starting with an effort to explain his economic strategy to voters. The strategy continues to address issues related to climate change, labor market and
Though global oil prices remain subdued currently due to global growth worries, Middle Eastern oil is experiencing an extraordinary surge in prices. Asian refiners, particularly from China to Japan, are driving this increase in de
For the quarter ended May 2023, Carnival (CCL) reported revenue of $4.91 billion, up 104.5% over the same period last year. EPS came in at -$0.31, compared to -$1.64 in the year-ago quarter.
The cryptocurrency ETFs experienced a rebound in the first half of 2023 and is due for further rally in the second half too. Bitcoin broke through the $31,000 mark amidst growing bullish sentiment. Bitcoin is up 17% on a weekly ba
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
Have you been paying attention to shares of Royal Caribbean (RCL)? Shares have been on the move with the stock up 24% over the past month. The stock hit a new 52-week high of $98.35 in the previous session. Royal Caribbean has gai
Technology stocks were edging higher premarket Monday as the Technology Select Sector SPDR Fund (XLK) was up 0.12% and the iShares Semiconductor ETF (SOXX) was recently advancing by 0.82%.
Wall Street displayed a muted performance last week due to rising rate worries. The S&P 500 and the Nasdaq snapped the prolonged winning streak. According to Tom Lee, a renowned strategist at Fundstrat, the recent 2% slump in