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Mid-Day Market Update: Nasdaq Turns Lower; Jiayin Group Shares Tumble Following Q2 Results
Wednesday, September 2, 2020 - 12:04pm | 759Midway through trading Wednesday, the Dow traded up 0.56% to 28805.27 while the NASDAQ fell 0.65% to 11861.82. The S&P also rose, gaining 0.42% to 3541.40. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 6,075,650 cases with around 184,680...
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A Peek Into The Markets: US Stock Futures Surge Ahead Of ADP Report, Fed Speakers
Wednesday, September 2, 2020 - 6:01am | 660Pre-open movers U.S. stock futures traded higher in early pre-market trade, after starting the month of September on a strong note. Investors are awaiting earnings from Macy's Inc (NYSE: M), Guess?, Inc. (NYSE: GES), Science Applications International Corp (NYSE: SAIC) and PVH Corp (NYSE...
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September Outlook: Rally Faces Potential New Challenge From Pre-Election Nerves
Wednesday, August 26, 2020 - 10:56am | 2622What can September deliver for an encore after August’s fireworks included new all-time highs, a blistering Tech rally, and a surprising return of stock splits? Well, for one thing, how about a little volatility? That isn’t just idle speculation. Not to rain on anyone’s...
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66 Biggest Movers From Yesterday
Wednesday, August 19, 2020 - 5:14am | 2510Gainers MICT Inc (NASDAQ: MICT) shares jumped 45.7% to close at $5.10 on Tuesday after the company announced its subsidiary Micronet has received the first significant order for its SmartCam following a successful pilot trial with a leading global telematics provider. OneSmart International...
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51 Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 18, 2020 - 12:02pm | 1900Gainers MICT Inc (NASDAQ: MICT) shares surged 96% to $6.86 after the company announced its subsidiary Micronet has received the first significant order for its SmartCam following a successful pilot trial with a leading global telematics provider. Forward Industries, Inc. (NASDAQ: FORD) shares...
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Looking Into Macy's Return On Capital Employed
Wednesday, August 5, 2020 - 11:35am | 299Macy's (NYSE: M) reported Q1 sales of $3.02 billion. Earnings fell to a loss of $4.13 billion, resulting in a 1068.54% decrease from last quarter. In Q4, Macy's earned $426.00 million, and total sales reached $8.34 billion. What Is Return On Capital Employed? Changes in earnings and sales...
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The Retail Misery Story Likely Continued In Q2; Earnings Ahead
Wednesday, August 5, 2020 - 10:09am | 2340If retail sector investors have their sights set on surprise blowout Q2 earnings after recent blowout earnings from one online retailer—yes; that would be Amazon.com, Inc. (NASDAQ: AMZN)— they might be in for a sad and sorry disappointment. The first full quarter under the...
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10 Biggest Price Target Changes For Wednesday
Wednesday, July 22, 2020 - 8:34am | 368Credit Suisse raised the price target for Texas Instruments Incorporated (NASDAQ: TXN) from $140 to $155. Texas Instruments shares rose 1.3% to $137.20 in pre-market trading. UBS raised the price target on Intuitive Surgical, Inc. (NASDAQ: ISRG) from $565 to $670. Intuitive Surgical shares...
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Biden Leads In Polls, Coronavirus Cases Surge, Micron, FedEx Earnings Ahead: The Weekly Market Outlook
Friday, June 26, 2020 - 5:11pm | 680The S&P 500 dipped in a volatile week of trading as investors digested record numbers of daily U.S. COVID-19 cases, an uptick in geopolitical tensions and a new round of polls suggesting Democrats are gaining momentum ahead of the November election. On Monday, President Donald Trump...
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Retail Stocks Getting Boosted this Week on Data, Hopes For Improved Confidence
Wednesday, June 17, 2020 - 10:49am | 2228It’s hard to keep this market down. Investors seem to want to bet on the rebound continuing and a V-shaped recovery. So despite a lot of potential headwinds, we keep pounding through. Early signs point to more strength Wednesday as stocks continue to recover from last week’s selloff and...
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A Peek Into The Markets: US Stock Futures Fall; Fed Meeting In Focus
Tuesday, June 9, 2020 - 6:19am | 538Pre-open movers U.S. stock futures traded lower in early pre-market trade, after posting a rise in the prior session. Investors are awaiting earnings reports from Tiffany Inc. (NYSE: TIF), Conn's Inc. (NASDAQ: CONN), Signet Jewelers Inc. (NYSE: SIG), Brown Forman Inc (NYSE: BF-B) and...
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70 Biggest Movers From Yesterday
Thursday, May 28, 2020 - 6:09am | 2134Gainers Greenpro Capital Corp. (NASDAQ: GRNQ) shares surged 212.5% to close at $2.58 on Wednesday after jumping over 33% on Tuesday. Hertz Global Holdings, Inc. (NYSE: HTZ) shares climbed 136% to close at $1.31 on Wednesday. Hertz Global shares dipped over 80% on Tuesday after the company filed...
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58 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, May 27, 2020 - 12:19pm | 1707Gainers Hertz Global Holdings, Inc. (NYSE: HTZ) shares jumped 127% to $1.26. Hertz Global shares dipped over 80% on Tuesday after the company filed for Chapter 11 bankruptcy protection. Greenpro Capital Corp. (NASDAQ: GRNQ) shares climbed 69% to $1.3950 after jumping over 33% on Tuesday. Euroseas...
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96 Biggest Movers From Yesterday
Wednesday, May 27, 2020 - 4:20am | 2935Gainers Mmtec, Inc. (NASDAQ: MTC) shares climbed 86.4% to close at $2.05 on Tuesday after reporting its financial results for the year ended December 31, 2019. Revenues jumped 647% to $200,797, in 2019. Luckin Coffee Inc. (NASDAQ: LK) shares gained 53.2% to close at $2.13 after tumbling 31% on...
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Retail Sector Preview: Pandemic Pits E-Commerce Giant Amazon Against Big Box Stores, Mall Outlets
Tuesday, May 5, 2020 - 10:07am | 1820For retailers, Q1 earnings might resemble a Charles Dickens novel as a tale of two sectors: Essential and nonessential—or perhaps brick-and-mortar and e-commerce. Companies with the goods consumers needed as they hunkered down at home are widely expected to have rung up relatively...