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Why ZIM Integrated Shipping Stock Dropped Today

3 years 10 months ago
What happened Shares of Israeli container shipping company ZIM Integrated Shipping Services (NYSE: ZIM) tumbled 3.4% through 11:05 a.m. EST Monday -- and it's no huge secret why. Across the shipping world, stocks including ZIM, Costamere, and Danaos Corporation are all sliding to

Notable ETF Outflow Detected - IVV, AAPL, MSFT, AMZN

3 years 10 months ago
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $80.8 million dollar outflow -- that's a 0.03% decrease week over w

2 FAANG Stocks to Buy Now

3 years 10 months ago
FAANG stocks, which includes Meta Platforms (NASDAQ: META), previously called Facebook, Amazon (NASDAQ: AMZN), Apple, Netflix, and Alphabet, previously called Google, have all seen dramatic share price declines after their respective third-quarter earnings results.

Company News for Nov 28, 2022

3 years 10 months ago
Shares of Apple Inc. AAPL fell 2% following news that a Foxconn plant in China will reduce iPhone shipment in November.Shares of Activision Blizzard Inc. ATVI tumbled 4.1% following news that the FTC may sue Microsoft Corp. MSFT to block its $69 billion takeover bid of th

3 Stocks to Avoid This Week

3 years 10 months ago
Last week was a step up investors long the market. The "three stocks to avoid" in my column that I thought were going to lose to the market last week -- Best Buy (NYSE: BBY), Luckin Coffee (OTC: LKNC.Y), and Apple (NASDAQ: AAPL) -- rose 13%, slipped 2%, and fell 12%, respectively

Will the Nasdaq or S&P 500 Have a Better 2023?

3 years 10 months ago
As 2022 starts to close, it's only natural for investors to start peeking toward 2023. So far in 2022, the indexes have fared pretty miserably, with the Nasdaq-100 down 29% and the S&P 500 down 17%. Which one will have a better 2023?Let's look at these indexes and their makeu
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