In this article DKNG FSLR F CRM JWN Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whopping 39% after the company reported better-than-expected profits and sales for the holiday quarter. The
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Evidence strongly indicates that the Chinese government is continuing to intentionally harm Alibaba (NYSE:BABA). Meanwhile, the company’s recently released third-quarter results for BABA stock were uninspiring. Source: Nopparat Khokthong / Shutterstock.com Its cloud business, after existing many years, is still losing money. Given all of these points, I remain bearish on BABA stock. Indeed, I
It’s been a rough couple of days for Lucid Group (NASDAQ:LCID) investors after the luxury electric vehicle (EV) maker reported disappointing fourth-quarter earnings and cut its 2022 production estimate by up to 40%. The company now predicts it will deliver just 12,000 to 14,000 vehicles, down from 20,000 previously, citing ” supply chain and logistics challenges.”
To calculate the year-to-date (YTD) return on a portfolio, subtract the starting value from the current value and divide it by the starting value. Multiply by 100 to convert this figure into a percentage, which is more useful than the decimal format for comparisons of the returns of individual investments. Key Takeaways YTD return is
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It’s been a long, bumpy road for investors of Chinese electric vehicle (EV) maker Nio (NYSE:NIO) over the past half-year. It seems like every time NIO stock pops, the sellers come rushing in to push the price back down. Source: Sundry Photography / Shutterstock.com This is undoubtedly frustrating for EV market enthusiasts who believed that Nio would be
Lumen Technologies (NYSE:LUMN) stock has fallen over 28% in the past nine months. The telecom company’s most recent plunge comes after reporting its underwhelming fourth-quarter results. Source: Shutterstock Moreover, investors fear a potential dividend cut, despite its management’s relentless commitment. Consequently, LUMN stock now trades at a throw-away valuation. LUMN stock hasn’t performed too well at
Charge Point EV stations Source: Charge Point Check out the companies making headlines in after-hours trading: Snowflake — Snowflake shares dropped 25% in extended trading after the company showed the slowest revenue growth during the fourth quarter since at least 2019. The company reported $383.8 million in revenue, compared with the $372.6 million analysts surveyed
There really isn’t any good news in relation to DiDi Global (NYSE:DIDI) stock. Bottom fishers could concoct some sort of bullish thesis about the beaten down Chinese ride share stock in an effort to convince investors to get on board. That might convince a little bit of capital to rush into the shares. But at
Based in Singapore, Sea Limited (NYSE:SE) operates e-commerce websites for countries in Southeast Asia and Taiwan. Plus, the company offers online video games in Latin America and Southeast Asia. Therefore, international tech market investors might consider a position in SE stock. Source: Postmodern Studio / Shutterstock.com Just as a Bollywood movie is typically rife with action and
Dollar General (NYSE:DG) stock has not been a “dollar store” for some time. I have been covering the company for nearly a decade, since before it lost the fight to buy Family Dollar, eventually acquired by DollarTree (NASDAQ:DLTR). Source: Jonathan Weiss / Shutterstock.com Dollar General is a general store. It matches merchandise to markets. Where
There are times in the markets when valuation of a particular stock defies logic. It can be in a phase of euphoria or in a bear market for the stock. A classic example seems like AT&T (NYSE:T). T stock has been in a long-term downtrend and currently trades just above $23.50. Source: Roman Tiraspolsky /
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The VanEck Russia ETF fell 25% in premarket trading Monday as the conflict in Ukraine generated new U.S. sanctions against Russia. On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and
In this article ROST JWN HPE SOFI F CRM Take a look at some of the biggest movers in the premarket: Nordstrom — The retail stock spiked 30.5% in premarket trading after the company posted better-than-expected fourth-quarter results. Nordstrom reported earnings of $1.23 per share versus the Refinitiv consensus estimate of $1.02 expected. Revenue also
If you go bottom-fishing for value, you might get trapped. This is a harsh lesson that California-based Skillz (NYSE:SKLZ) is unintentionally teaching investors as SKLZ stock just keeps on printing fresh lows. Source: Dennis Diatel / Shutterstock.com Now, this might sound appealing to value-focused investors. After all, you’re supposed to buy low and sell high, right?
FuboTV (NYSE:FUBO) has had a torrid year on the stock market. In fact, FUBO stock has lost more than 75% of its value in the past 12 months. With the re-opening of economies, investors felt that it would probably have a tough time retaining users and attracting new ones. However, the company has done exceedingly
Over the last decade, the global economic downturn that began in December 2007 has influenced the current real estate environment more than any other. This period of economic turmoil was is referred to as the Great Recession when many, if not most people, faced unprecedented challenges. Understanding the dynamics and implications of this period that
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock had an amazing 2021. Its fundamental performance was excellent. That strong performance translated into a stock that appreciated by 66.75% throughout 2021. Source: turbaliska / Shutterstock.com That rapid increase has resulted in share prices that flirted with the $3,000 threshold at times during 2021. That raises a question of when too much
A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, one of the world’s largest shipping container firms, said on Monday that it may suspend all deliveries to and from Russia in light of sanctions against the Kremlin following its invasion of Ukraine. The