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Economy, Stocks

“Slow Motion Deterioration: Some Shares Down 20% or More”

“EDITOR NOTE: A stock market crash that some experts are predicting calls to mind a sudden, catastrophic event. A recent CNBC report suggests it this drop may already be happening, but at a slower, steadier pace than in the past.… Continue Reading…

Stocks

“QuantumScape Stock Isn’t a Buy, but Shares Could Rise Almost 70%. What Gives?”

“J.P. Morgan analyst Jose Asumendi is the latest Street analyst to recommend caution. Wednesday, he launched coverage of QuantumScape (ticker: QS) with a Hold rating on its stock and a $35 price target. It’s a lukewarm rating. Still, QuantumScape stock is having a fine… Continue Reading…

Stocks

“Shares of Indian food delivery start-up Zomato jump over 80% in market debut”

“Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the stock opened 52.63% higher at 116 rupees on… Continue Reading…

Stocks

“Dow drops 150 points to start the week as tech shares lag”

“The Dow Jones Industrial Average fell 150 points, or 0.45%, as Home Depot and Boeing weighed on the blue-chip index. The S&P 500 also lost 0.45% as the tech sector pulled back 0.7%. The Nasdaq Composite fell 0.7%. Big Tech quickly came under pressure to start… Continue Reading…

Stocks

“3 Dividend-Paying Energy Mutual Funds”

“Vanguard Energy Fund Investor Shares The Vanguard Energy Fund Investor Shares (VGENX) is an actively managed fund that offers exposure to companies engaged in the energy business. This includes companies involved with the production and transmission of energy, manufacturing component products, energy research,… Continue Reading…

Stocks

“GameStop to Offer Up to $1 Billion in Shares; Stock Declines”

“GameStop Corp. fell early on Monday after the company said it may sell up to $1 billion worth of additional shares in an at-the-market equity offering program. Shares of the video game retailer declined more than 15% to $160.96 as… Continue Reading…

Stocks

“GameStop Shares Drop, Extending 80% Slump From Last Week”

“The stock fell as much 4.7% to $60.77 at 10:40 a.m. in New York trading, after whipsawing between gains and losses earlier. It slumped 80% last week, a drop that followed three weeks of dizzying gains. Robinhood Markets Inc.’s move… Continue Reading…

Uncategorized

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Banking

“U.S. Bank Shares Climb on Promise of $11 Billion Buyback Bonanza”

“Shares of the biggest U.S. banks rallied after the Federal Reserve said it would let stock buybacks resume as soon as next month, with as much as $11 billion headed to shareholders. Goldman Sachs Group Inc. rose 6.1% at 9:47… Continue Reading…

Stocks

“Stitch Fix shares rise nearly 50% in early trading after yesterday’s earnings beat”

“Shares of the company’s stock were up $16.86, or 47.05%, in early trading on the Nasdaq stock exchange. For the company’s fiscal first quarter, which ends Oct. 31, Stitch Fix reported earnings of 9 cents a share. The company booked $490.4 million… Continue Reading…