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…

Investing, Precious Metals

“Big Money Is Eyeing Metals Over Oil As Mining Assets Soar”

“…The energy transition is driving the next commodity supercycle, with immense prospects for technology manufacturers, energy traders and investors. Indeed, new energy research provider BloombergNEF estimates that the global transition will require ~$173 trillion in energy supply and infrastructure investment over the… Continue Reading…

Economy

“Global Food Prices Set To Soar As The Oil And Gas Crunch Continues”

“The potential for a knock-on effect of rising fuel prices to be felt by other industries is becoming more likely, as oil and gas prices continue to rise to an all-time high, companies are finding it hard to maintain their… Continue Reading…

Economy

“Job openings soar to 10.9 million as companies struggle to fill positions”

“The department’s Job Openings and Labor Turnover Survey, which the Federal Reserve watches closely for signs of slack in employment, showed 10.9 million positions open. That was much higher than the FactSet estimate of 9.9 million and the June total… Continue Reading…

Business, Economy, Stocks

“BP Launches Share Buyback as Profits Soar. What It Means for the Stock.”

“BP stock made gains early on Tuesday, as the oil major committed to $500 million share buybacks after profits more than tripled in the first quarter. The London-listed energy giant cited “exceptional” gas marketing and trading performance and higher oil prices… Continue Reading…

Stocks

“C3.ai Stock Soars 140% After Its IPO”

“The artificial intelligence software company C3.ai priced its initial public offering at $42 a share, above the recently increased range of $36 to $38. C3.ai shares opened for trading at $100 Wednesday morning and were up to $109 shortly after… Continue Reading…

Stocks

“Shell Stock Could Soar 68%, Analyst Predicts”

“Shell (ticker: RDS.B) stock is down 42% this year, worse than the Energy Select Sector SPD exchange-traded fund (XLE), which is off by 33%. But MKM Partners analyst John Gerdes says Shell shares could rebound by 68% as the company gets leaner… Continue Reading…

Stocks

“3 Stocks Top Analysts Say Will Soar in 2021”

“LendingTree, Inc. (TREE)… LendingTree has a unanimous Strong Buy analyst consensus rating, based on 6 Buy reviews set in recent week. The stock’s average price target, $362, implies it has room for 39% growth from the current share price of $260.09…… Continue Reading…

Stocks

“Pinterest ‘more than delivered the goods’ in its blowout quarter, stock soars”

“Shares of Pinterest surged more than 31% in premarket trading Thursday, as investors rallied around the company’s blowout third quarter earnings that indicated advertising demand revved up after a difficult period….   Shares in tech companies Snap, Facebook, Google-parent Alphabet, Amazon and Twitter were also up in the premarket, helping recover some… Continue Reading…

Business, Stocks

“Dunkin’ stock soars after chain confirms sale talks with Inspire Brands”

“Shares of Dunkin’ surged 15% Monday after the company confirmed sale talks with Inspire Brands, the privately held owner of Arby’s and Jimmy John’s. The New York Times, which broke the news of the discussions, reported that the deal is valued at… Continue Reading…