Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Blog

Wholesale Mortgage Giant Going Public in Largest SPAC Deal in HistoryPhoto, wide shot, wide-angle lens,  Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png
Wholesale Mortgage Giant Going Public in Largest SPAC Deal in History

United Wholesale Mortgage, the No. 1 wholesale mortgage originator in the U.S., is becoming a publicly traded company. It announced that it will merge with a special purpose acquisition company

September Sell-Off: S&P 500 Craters 78 Points, Approaching Correction Levels as Apple, Oxy, Lead Tech Stocks, Energy Stocks Down
September Sell-Off: S&P 500 Craters 78 Points, Approaching Correction Levels as Apple, Oxy, Lead Tech Stocks, Energy Stocks Down

The S&P 500 index (SNPINDEX: ^GSPC) fell sharply on Sept. 23, losing 78 points, or almost 2.4% in a broad sell-off. Of the 505 stocks in the index, 478 finished today's trading session lower than

Why 3 Electric Vehicle Stocks Collapsed TodayPhoto, wide shot, wide-angle lens, soft focus,  Auto parts supplier, sunset photo at golden hour, photo by Thomas Heaton: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-ZpZWLOA2q1Lrbc78ceLTs90l.png?st=2023-05-15T05%3A50%3A02Z&se=2023-05-15T07%3A50%3A02Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-14T21%3A19%3A00Z&ske=2023-05-15T21%3A19%3A00Z&sks=b&skv=2021-08-06&sig=aAZzsKm3Fg0e2CB07XvcACW5j1LlZPrsv8bXoWdHs6k%3D
Why 3 Electric Vehicle Stocks Collapsed Today

The Nasdaq composite index spent most of Wednesday in the red, but things really started melting down around 1:30 p.m. EDT, and the index closed the day down 3%.

Electric vehicle (EV) stocks

Why Apple Stock Fell TodayPhoto, wide shot, wide-angle lens,  Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png
Why Apple Stock Fell Today

Shares of Apple (NASDAQ: AAPL) declined by 4.2% on Wednesday, following an analyst downgrade.

UBS analyst David Vogt took over coverage of Apple and lowered the investment bank's rating on its stock

Why 3 Hydrogen Fuel-Cell Stocks Crashed Today
Why 3 Hydrogen Fuel-Cell Stocks Crashed Today

Well, that certainly got ugly in a hurry. For most of Wednesday trading, the Nasdaq composite index was in the red a bit -- down 1%, which isn't great, but isn't horrible in the context of some of

California Just Banned Gas-Powered Car Sales...in 2035
California Just Banned Gas-Powered Car Sales...in 2035

So long, internal combustion engine. We hardly knew ye -- and starting in 2035, you'll be banned from California new car lots. On Wednesday, California Governor Gavin Newsom signed an executive

This Classic Sign of a Stock Market Top Just Happened
This Classic Sign of a Stock Market Top Just Happened

The stock market had a tumultuous Wednesday, falling prey to a late-day plunge that sent major market benchmarks down 2% to 3%. Coming just a day after a solid rebound from recent declines, the

JPMorgan Chase Facing Potential $1Billion Fine for Fraudulent Trading PracticesPhoto, wide shot, wide-angle lens,  Bank, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/094456a7-d529-4ef2-b536-c031f2afd618.png
JPMorgan Chase Facing Potential $1Billion Fine for Fraudulent Trading Practices

A prior investigation into fraudulent trading activity at JPMorgan Chase (NYSE: JPM) could come to a head this week and result in a $1 billion fine for America's largest bank, according to

Amazon Prime Day Begins Oct. 13: Report
Amazon Prime Day Begins Oct. 13: Report

Prime Day 2020 for Amazon (NASDAQ: AMZN) will likely kick off on Oct. 13, according to a report on Tuesday by CNET, which cited four people with knowledge of Amazon's plans. An Amazon spokesperson

Bed Bath & Beyond Highlights Its Digital Sales Push With a New Chief Tech Officer
Bed Bath & Beyond Highlights Its Digital Sales Push With a New Chief Tech Officer

A few weeks after a Wedbush analyst said Bed Bath & Beyond (NASDAQ: BBBY) is "on the cusp of a dramatic improvement in profitability," the home merchandise company announced it is hiring a new chief

Why Twitter Stock Jumped Today
Why Twitter Stock Jumped Today

Shares of Twitter (NYSE: TWTR) climbed 6.1% on Wednesday, following an analyst upgrade. 

Pivotal Research analyst Michael Levine boosted his rating on Twitter's stock from hold to buy. He also

Tesla Disappoints as Nasdaq Falls; Why Zoom's Still Climbing
Tesla Disappoints as Nasdaq Falls; Why Zoom's Still Climbing

The stock market can't seem to decide which way to go, and that's made September a bumpy month for the Nasdaq Composite (NASDAQINDEX: ^IXIC). After it posted a significant gain Tuesday, investors

General Mills Inc (GIS) Q1 2021 Earnings Call Transcript
General Mills Inc (GIS) Q1 2021 Earnings Call Transcript

Image source: The Motley Fool.

General Mills Inc (NYSE: GIS)Q1 2021 Earnings CallSep 23, 2020, 8:30 a.m. ET

Operator

Continue reading

Source Fool.com

Johnson & Johnson Starts Late-Stage Coronavirus Vaccine Clinical TrialPhoto, wide shot, wide-angle lens,  Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png
Johnson & Johnson Starts Late-Stage Coronavirus Vaccine Clinical Trial

Johnson & Johnson (NYSE: JNJ) has moved into phase 3 development of its coronavirus vaccine candidate, which goes by the code name JNJ-78436735. The study, called Ensemble, will enroll up to 60,000

Nikola Stock Drops 26% After BP Backs Away From Hydrogen-Station Deal
Nikola Stock Drops 26% After BP Backs Away From Hydrogen-Station Deal

Shares of embattled electric-truck start-up Nikola (NASDAQ: NKLA) closed down more than 25% on Wednesday, following reports that energy giant BP (NYSE: BP) has backed away from a potential

AutoZone Capitalizes on a Do-It-Yourself BoomPhoto, wide shot, wide-angle lens,  Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png
AutoZone Capitalizes on a Do-It-Yourself Boom

Auto parts retailer AutoZone (NYSE: AZO) ended its fiscal 2020 year in a high performance "zone" as its fourth-quarter results, issued Tuesday, attested. AutoZone's net sales increased by 14% year

Cintas Corp (CTAS) Q1 2021 Earnings Call Transcript
Cintas Corp (CTAS) Q1 2021 Earnings Call Transcript

Image source: The Motley Fool.

Cintas Corp (NASDAQ: CTAS)Q1 2021 Earnings CallSep 23, 2020, 10:00 a.m. ET

Operator

Continue reading

Source Fool.com

Why Wrap Technologies Shares Plunged 30.1% Today
Why Wrap Technologies Shares Plunged 30.1% Today

Shares of Wrap Technologies (NASDAQ: WRTC) fell as much as 30.1% in trading Wednesday after a less-than-impressive update from the Los Angeles Police Department (LAPD). At 3:30 p.m. EDT today

Quest Diagnostics and Walmart Teaming Up to Test Drone Delivery of COVID-19 Test Kits
Quest Diagnostics and Walmart Teaming Up to Test Drone Delivery of COVID-19 Test Kits

The coronavirus pandemic has inspired numerous surprising business combinations. The latest such collaboration is between Quest Diagnostics (NYSE: DGX) and Walmart (NYSE: WMT), which will join

Why JinkoSolar's Shares Popped 21.7% on Wednesday
Why JinkoSolar's Shares Popped 21.7% on Wednesday

Shares of solar manufacturer JinkoSolar (NYSE: JKS) jumped as much as 21.7% in trading Wednesday after the company reported second-quarter 2020 results. Shares kept the momentum going throughout the

Why Shares of Workhorse Group and DiamondPeak Holdings Dropped on Wednesday
Why Shares of Workhorse Group and DiamondPeak Holdings Dropped on Wednesday

Shares of electric-van maker Workhorse Group (NASDAQ: WKHS) and DiamondPeak Holdings (NASDAQ: DPHC), a shell company that will soon merge with electric-pickup start-up (and Workhorse offshoot)

Gold Price to Hit Record $2,200 Before 2020 Ends?Bild von Steve Bidmead auf Pixabay : https://pixabay.com/de/photos/gold-ingots-golden-schatz-513062/
Gold Price to Hit Record $2,200 Before 2020 Ends?

Even as the price of gold has fallen below $1,900 per ounce at the time of this writing, after skyrocketing to an all-time high of around $2,075 per ounce in August, Citigroup believes the yellow

The Nike Rebound Is Almost Complete
The Nike Rebound Is Almost Complete

Nike's (NYSE: NKE) fiscal 2021 is off to a fast start. The footwear giant this week reported surprisingly strong operating results through late August as its business mended from COVID-19

Why Eastman Kodak Stock Just Dropped Another 11%Photo, wide shot, wide-angle lens,  Clinical research organization, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/c28f6640-54ba-4d2b-afbe-b5fd3b0ee19e.png
Why Eastman Kodak Stock Just Dropped Another 11%

This does not look like the week to own shares of Eastman Kodak (NYSE: KODK).

Last week, the former photography giant that has now turned to producing pharmaceutical ingredients could do no wrong

Good News for GoodRx's IPO: Drug Prices Are Rising Fast
Good News for GoodRx's IPO: Drug Prices Are Rising Fast

GoodRx (NASDAQ: GDRX) had its initial public offering (IPO) today at $33, substantially higher than the expected range of $24 to $28 per share. After trading started, shares jumped as high as