Stocks

“Twitter shares soar more than 20% after Elon Musk takes 9% stake in social media company”

“Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long after criticizing the company for what he said was its failure to uphold the tenets of free speech. Musk owns… Continue Reading…

Stocks

“3 “Strong Buy” Stocks Showing Monster Growth”

“…Golar LNG Limited (GLNG)… Overall, Golar’s Strong Buy analyst consensus rating is based on 8 recent stock reviews, that include 6 to Buy and 2 to Hold. The shares are priced at $21.02, and their $22.81 average price target indicates an… Continue Reading…

Economy, Stocks

“Russian Stocks in London Wipe Out 98% of Value in Two Weeks”

“The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft… Continue Reading…

Stocks

“Billionaire Steven Cohen Loads Up on These 2 Penny Stocks”

“…Enter billionaire Steven Cohen. The legendary stock picker, who began his investing career at Gruntal & Co. where he managed proprietary capital for 14 years, founded S.A.C Capital Advisors in 1992. In 2014, his investment operations were converted to Point72… Continue Reading…

Business, Stocks

“Foot Locker Plummets as Shrinking Nike Business Hits Outlook”

“…The chain said no single vendor is expected to represent more than 60% of total purchases this fiscal year, down from 70% in fiscal 2021 and 75% in the previous year. That contributed to Foot Locker projecting profit and comparable… Continue Reading…

Economy, Stocks

“…Stock futures flat as investors monitor Russia-Ukraine tensions”

“U.S. stock futures bounced back from overnight lows Tuesday morning but remained below the flatline to start the holiday-shortened week as investors continued to monitor tensions between Russia and Ukraine and await the Kremlin’s next move. Futures on all three major indexes… Continue Reading…

Stocks

“Dow jumps 400 points, snaps 3-day losing streak as Russia-Ukraine tensions cool a bit”

“…The Dow jumped about 400 points, or 1%, helped by a 3% jump in Boeing. The S&P 500 climbed 1.5% and the technology-heavy Nasdaq Composite advanced 1.9%. All three major benchmarks were down in the three prior sessions. The S&P… Continue Reading…

Stocks

“Snap shares soar more than 53% after earnings show it’s weathering Apple’s privacy changes”

“Shares of Snap are up more than 53% Friday after the company reported its first-ever quarterly net profit and showed it’s seeing quicker-than-expected progress on its transition with advertisers around Apple’s privacy changes on iOS. It’s a big recovery from Thursday trading, when shares closed down… Continue Reading…

Stocks

“Facebook shares plummet 25% after reporting weak guidance”

“Shares of Facebook parent Meta were down more than 25% Thursday after the company forecasted weaker-than-expected revenue growth in the next quarter. It also said it’s taking a big hit from Apple’s privacy changes, and showed the first quarterly decline in daily active users… Continue Reading…

Energy, Stocks

“Top Energy Stocks for February 2022”

“Best Value Energy Stocks These are the energy stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of… Continue Reading…