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Stocks

“Major global chip stocks rally on Micron’s surge; ASML up 4%”

“Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Samsung Electronics and SK Hynix both saw their shares rise on Thursday in South Korea. Dutch semiconductor… Continue Reading…

Business

“Is Energy Transfer Still a Buy After Its Nearly 20% Rally?”

“…Energy Transfer is having a strong year. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 20% in the second quarter to almost $3.8 billion. Meanwhile, its distributable cash flow surged 32% to over $2 billion… Energy Transfer’s capital project… Continue Reading…

Stocks

“AMD jumps 5% as global chip stocks rally after earnings and geopolitics lift sector”

“Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the big winners with shares up… Continue Reading…

Stocks

“Tesla shares wipe out loss for the year with 27% rally this week”

“Tesla’s stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27%. Shares of the electric vehicle maker closed Friday at $251.55. They ended last year at $248.48, and… Continue Reading…

Economy, Stocks

“All 3 major stock indexes close at record highs as inflation slows down”

“…The Dow Jones Industrial Average, S&P 500 and Nasdaq composite all rallied Wednesday after the Labor Department reported inflation falling to a 3.4 percent annual rate in April after a 0.3 percent monthly increase in prices, according to the consumer… Continue Reading…

Stocks

“AMC completes $250 million stock sale during meme rally, shares jump 30%”

“AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares in an at-the-market equity offering that… Continue Reading…

Stocks

“Morgan Stanley Predicts up to 110% Rally for These 2 ‘Strong Buy’ Stocks”

“Auna S.A. (AUNA)… Cepeda’s views back up his Overweight (Buy) rating on the stock, and his $14 price-target points toward a robust 110% upside potential for the next 12 months. (To watch Cepeda’s track record, click here)… Contineum Therapeutics (CTNM)… Hung goes… Continue Reading…

Stocks

“Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues”

“…The shares climbed 8.8% on Tuesday to close at $65.11. They’re now up 92% since debuting on the stock market last week under ticker symbol “RDDT.” It was the first social media IPO since Pinterest’s offering in 2019. Reddit and existing shareholders sold 22… Continue Reading…

Stocks

“J.P. Morgan Predicts up to 140% Rally for These 2 ‘Strong Buy’ Stocks”

“…Next up is the online insurance marketplace EverQuote. This company operates a platform that connects insurance buyers with insurance agents and covers multiple aspects of the industry… As more and more consumers, across the economy generally, turn to online and… Continue Reading…

Cryptocurrencies

“Bitcoin nears all-time high, but this rally is much different than 2021 record run”

“…Bitcoin BTCUSD, 3.89% is seeing an impressive rally, as the crypto topped $64,000 briefly on Wednesday, touching levels not seen since its record peak in November 2021…” https://www.marketwatch.com/story/bitcoin-nears-all-time-high-but-this-rally-is-much-different-than-2021-record-run-8a88c18d I don’t know why people wait until an assist is exploding to get in. It’s… Continue Reading…