The S&P 500 and Nasdaq ended higher Thursday as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong.
Equities have had very positive returns over the past two months. Much of this move has been led by large-cap stocks, reflected below by the near 20% positive return off the market lows for the Nasdaq 100 Index (NDX) from mid-June to mid-August.
Dogs frolic in the sand, jump from plastic pool to pool, and lap from a sprinkler while their owners enjoy drinks of their own outside the Wonder Bar, a hangout and music venue in New Jersey's famed Asbury Park beach town.
U.S. Treasury yields ticked lower on Thursday on the back of Wednesday's release of the U.S. Federal Reserve's July meeting minutes that some investors saw as confirming a less aggressive stance in the central bank's fight against inflation.
Bitcoin (CRYPTO: BTC) has dropped from all-time highs in late 2022, but has bounced back in recent weeks. Is this a bull run and will the cryptocurrency get to $50,000 again? This video digs into why competing blockchains like Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) may h
A look at the shareholders of Ross Acquisition Corp II (NYSE:ROSS) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Companies that have
What happened
Shares of Cisco Systems (NASDAQ: CSCO) surged as much as 7.2% higher on Thursday morning, driven by a solid fourth-quarter earnings report. The stock had retreated to a 5.7% gain by 2:40 p.m. ET, but that move still added more than $11 billion to Cisco's massive mar
Chicago wheat futures slid for a fifth session on Thursday, pressured by soft export sales, a stronger dollar and continued exports from Ukraine, analysts said.
From what we can see, insiders were net buyers in Troika Media Group, Inc.'s (NASDAQ:TRKA ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable compani
Golden Entertainment, Inc.'s (NASDAQ:GDEN) price-to-earnings (or "P/E") ratio of 11.2x might make it look like a buy right now compared to the market in the United States, where around half of the companies have P/E ratios above 16x and even P/E's above 31x are quite common. Ho
Every investor in SAI.TECH Global Corporation (NASDAQ:SAI) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I generally like to see
Finland's Prime Minister Sanna Marin on Thursday said she was upset that videos of her dancing at private parties were published online as they were meant to be seen only by friends.
In trading on Thursday, the SPDR S&P Semiconductor ETF is outperforming other ETFs, up about 3.6% on the day. Components of that ETF showing particular strength include shares of Wolfspeed, up about 29.1% and shares of ON Semiconductor, up about 8.6% on the day.
In trading on Thursday, home furnishings & improvement shares were relative laggards, down on the day by about 2.6%. Helping drag down the group were shares of Bed Bath & Beyond, down about 24.8% and shares of Kirklands down about 17.5% on the day.
In trading on Thursday, semiconductors shares were relative leaders, up on the day by about 3%. Leading the group were shares of Wolfspeed, up about 28.4% and shares of Canadian Solar up about 20.3% on the day.
What happened
Mind Medicine (MindMed) (NASDAQ: MNMD) stock is absolutely crushing it on Thursday, with shares soaring 45.4% as of 11:20 a.m. ET after rising as much as 77.3% earlier in the day. The company hasn't announced any new developments since last week. So what's behind th
While buying a home is getting more complicated (and pricier) due to inflation, rising interest rates and low inventory, buying a vacation home could be fruitful. More specifically, buying a...