Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a loss of 200,000 subscribers in the first quarter. It marked the first time Netflix reported a loss in subscribers in
Hit by an analyst downgrade amid concerns about cryptocurrency demand and the economic impact of Russia’s invasion of Ukraine, Nvidia (NVDA) stock was down 11% last week. Friday’s close of $212.58 is a new 2022 low for NVDA stock. Investors have an opportunity to buy NVDA shares at a price not seen since last fall.
Excitement stemming from possible U.S. pot reform has dissipated and Canopy Growth (CGC) stock is again moving lower. While better positioned to capitalize on pot reform than peers, other issues will likely push it to lower prices. Much like how you should “just say no” to Hexo (HEXO), the same applies here with Canopy. Source:
Carnival (CCL) might attract increased demand due to revenge traveling. In this manner, inflation provides an impetus to vacation but also a headwind. Speculators might try their luck, but conservative investors should be cautious. At the start of the coronavirus pandemic, Carnival (NYSE:CCL) became the posterchild for the devastation caused by the global health crisis,
In this week’s episode, I ask the question of does technical analysis actually works? And why does it work? For some of you who are a little more skeptical about technical analysis or are just getting into technical analysis, I want to share with you the concept of technical analysis. Also, I want to share
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Editor’s note: Below you’ll find the week 84 release of the NYC Recovery Index, originally published April 12, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index rose marginally in the week ending April 2, 2022, with an increase from a score of 75 to 76 out
Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these
Take a look at some of the biggest movers in the premarket: Netgear (NTGR) – Netgear tumbled 10.6% in premarket trading after the networking equipment maker reported weaker-than-expected preliminary results for the quarter that ended April 3. Netgear also cut its current-quarter revenue forecast, pointing to a weaker U.S. market for WiFi equipment. Zendesk (ZEN)
Alphabet (GOOG, GOOGL) has finally decided to spend some of its huge $140 billion cash and securities pile It has made a small $5.4 billion of Mandiant (MNDT), which is seen as complementary to the company’s operations It may now use its cash for more than just share repurchases, which used up 75% of its
New Oriental Education & Technology Group (NYSE:EDU), a provider of private educational services in China, is watching its business collapse. This is due to regulation and China’s decision to crack down on its off-campus tutoring industry. Shares of New Oriental have losses of nearly 50% in 2022 and are down approximately 92.9% in the past
Initially viewed during the new normal as one of the more relevant introductions in the market, online mobile video game platform, Skillz (NYSE:SKLZ) has certainly seen better days. Just on a year-to-date basis alone, SKLZ stock has hemorrhaged 70%. Since its first day of trading, shares are down about 77%, in part reflecting a loss
Franklin Resources (BEN): Asset management giant with a forward yield of 4.41%. First Interstate Bancsystem (FIBK): Under-the-radar banking play with a 4.76% dividend yield. It could see big earnings growth next year. Leggett & Platt (LEG): Hit hard in the past year, despite a 50-year track record of raising its annual dividend. LyondellBasell Industries (LYB): A
In this article MS In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a
Ameresco (AMRC): The clean technology integrator now offers utility-scale battery storage solutions and boasts a large backlog. ON Semiconductor (ON): Growing demand for electric vehicles and business automation have boosted top line growth. Plug Power (PLUG): Hydrogen fuel cell manufacturer anticipates a 80% increase in revenue this year. Source: Shutterstock As the demand for solar,
AMC Entertainment (NYSE:AMC) recently announced that it acquired seven locations with 66 screens in Connecticut, Upstate New York and Annapolis, Maryland. The meme-friendly theatre chain acquired the theatres from Bow Tie Cinemas. AMC stock gained 6% on the news. While the stock got a one-day boost from the news, the acquisition of these theatres will
PayPal (PYPL) recently laid off its next-gen tech team, raising questions about its relevance The move highlights the confusing nature of PYPL stock, both fundamentally and technically Conservative investors should tread carefully with PYPL stock Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) disclosed last week that it laid off its research team focused on advanced
Bank stocks are down in 2022. With the Fed raising rates, are the big banks a buying opportunity? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
What Is Solar Power for the Home? Homeowners who install solar power systems can receive numerous benefits: lower electric bills, lower carbon footprints, and potentially higher home values. But these benefits typically come with significant installation and maintenance costs, and the magnitude of the gains can vary widely from one house to another. This article
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share