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Delta Descends, Banks Backslide as Earnings Season Leaves Stock Markets Mixed
Wall Street got off to a mixed start on Tuesday, as investors tried to weigh economic data, political maneuverings, and company fundamentals. The mix of conflicting signals left markets without
Why CrowdStrike Stock Just Jumped 4.5%
Just 19 days ago, cybersecurity specialist CrowdStrike Holdings (NASDAQ: CRWD) announced that it had decided to buy Preempt Security, a leader in "zero trust" security software that challenges
AMC Warns It Will Run Out of Cash by the End of the Year
It's even worse than you thought. AMC Entertainment Holdings (NYSE: AMC) warned in a public filing Tuesday that unless it can raise a "material" amount of money or lure substantial numbers of
WTO Approves Anti-Boeing Tariff in Response to U.S. Subsidies
The World Trade Organization (WTO) has given the European Union the green light to impose tariffs on $4 billion worth of U.S. goods, part of the 15-year-old dispute between the U.S. and Europe over
Why Novavax Stock Is Jumping Today
Shares of Novavax (NASDAQ: NVAX) were jumping 8.2% higher as of 12:16 p.m. EDT on Tuesday. Two factors were likely behind the solid gain. Novavax announced the formation of a leadership team to
BlackRock's Stock Price Surges on Strong Q3 Earnings
Asset management firm BlackRock (NYSE: BLK) saw its stock price surge over 4% in early trading Tuesday following the company's strong third-quarter earnings report.
The world's largest asset manager
Why WiMi Hologram Cloud Stock Was Going Back Down Today
Shares of WiMi Hologram Cloud (NASDAQ: WIMI) were going back down Tuesday after surging 34% higher Monday. On Monday investors were excited after an article made a vague connection between human
Why Cinemark and EPR Properties Stocks Both Plunged Today
Shares of movie theater operator Cinemark Holdings (NYSE: CNK) fell more than 10% at the open on Oct. 13. Following along was theater-owning real estate investment trust (REIT) EPR Properties (NYSE:
Why Emergent BioSciences Stock Is Falling Today
Shares of Emergent BioSolutions (NYSE: EBS) were falling 10.3% as of 11:45 a.m. EDT on Tuesday. The drop came after Johnson & Johnson announced that it had paused its late-stage study of coronavirus
Disney's Reorganization Could Make It Look More Like a Tech Company
Disney (NYSE: DIS) is in a world of hurt this year, but there is hope. Theme parks, movie theaters, and sporting events are operating on a limited basis at best. However, the company's
4 Things to Know About IBM's Spin-Off Plans
IBM's (NYSE: IBM) stock recently rallied after the tech giant announced it would spin off its managed infrastructure services unit into a new company. That split will enable IBM to divest its
Why Fastly Stock Popped Today
Shares of Fastly (NYSE: FSLY) rose today after an analyst at Piper Sandler reiterated a neutral rating for the company's stock, but said that the company's recent acquisition could also help
Twilio Expands Its Ecosystem With a $3.2 Billion Acquisition
Twilio (NYSE: TWLO) stock recently rose after the cloud platform provider agreed to buy Segment, a customer data platform, for $3.2 billion in stock. Twilio expects the acquisition, which should
Industrial Stocks Could Surge During Earnings Season
Business surveys and anecdotal evidence are pointing toward the possibility of some upside surprise for the industrial sector in the third and fourth quarter. There's a strong case that some
Amazon Abandons One of its Biggest Video Game Projects
Amazon (NASDAQ: AMZN) recently pulled the plug on Crucible, a high-budget video game it had been developing for six years, stating it didn't see a "healthy, sustainable future ahead" for the
Tesla Makes Another Model S Price Cut
Tesla's (NASDAQ: TSLA) cars just keep getting cheaper. That's good for consumers, but it may not be so good for Elon Musk's electric car company, currently the most valuable automaker in the world.
Did Disney Just Hammer the Last Nail in AMC's Coffin?
No one is going to feel the sting of Walt Disney's (NYSE: DIS) massive reorganization like your local multiplex operator. Disney's decision to optimize the monetization of content means that it will
Why Loop Industries Crashed Almost 40% Today
Shares of Loop Industries (NASDAQ: LOOP) tanked as much as 39% this morning, and remain lower by 36% as of 11 a.m. EDT. The plastic recycling technology company was the subject of a new report by
Sales of Luxury Homes Soar as Low Rates, Stay-at-Home Shoppers Fuel Market
Sales of high-end homes climbed 41.5% year over year in the third quarter, according to online real estate broker Redfin (NASDAQ: RDFN), the largest year-over-year jump since at least 2013.
In a
Why AMC Entertainment Stock Nose-Dived 11% at the Open Today
Shares of movie theater operator AMC Entertainment (NYSE: AMC) fell 11% out of the gate on Oct. 13. Although it quickly recovered some ground, the stock was still lower by around 8% at 10 a.m. EDT
As Royal Caribbean Burns Through $250 Million a Month, It Seeks to Raise $1 Billion in Stock and Debt
Royal Caribbean (NYSE: RCL) continues to be storm-tossed by the coronavirus pandemic. Although its 2021 bookings continue to improve, the cruise ship operator is still burning through cash at a rate
Why Ethan Allen Interiors Stock Popped 12% After Earnings Preannouncement
Share of furniture maker Ethan Allen Interiors (NYSE: ETH) rushed out of the doors Tuesday morning and are up 12% already as of 10 a.m. EDT. The company's shares were buoyed by a business update and
3 Reasons Social Security Fears Are Overblown
Social Security is at a major tipping point. We're living longer and having fewer children than previous generations did. As a result, Social Security will start paying out more than it's taking in
Why Vaxart Stock Is Jumping Today
Shares of Vaxart (NASDAQ: VXRT) were jumping 8.5% higher as of 10:39 a.m. EDT on Tuesday after rising as much as 19.6% earlier in the day. The big gain came following the company's announcement that
Why Beyond Meat Stock Dropped Today
Shares of Beyond Meat (NASDAQ: BYND) dropped today after Bernstein analyst Alexia Howard said it will underperform the market and lowered the stock's price target. This reputable analyst's bearish


