The world’s biggest oil companies are scrambling to make new discoveries in a race to increase their reserves, and they could be about to find it in one of the most underexplored basins in the world …read more […]
In such a confused financial environment, investors are hard-pressed to find a market strategy that will bring positive results. The old saws may not be reliable. One way out of the quandary is to follow the insiders.These corporate officers have a vested interest in their own companies – they are responsible to shareholders for performance, and they are also shareholders themselves – so when they start buying large bundles of shares, investors should take note.TipRanks has the tools to help you do just that. The Insiders’ Hot Stocks page shows which stocks top insiders are most active on, for both …read more […]
This year has felt like decades crammed into a handful of months.
In the future, whole chapters of history textbooks will be dedicated to what happened in 2020. And so far, we’re only six months in!
It’s hard to believe that a mere 78 days ago, the S&P 500 was down more than 30% for 2020… that the markets suffered the fastest – though easiest to tame – bear market decline in history.
And now, after a furious, V-shaped recovery, the S&P is a hair’s breadth away from being positive for the year.
Already, the Nasdaq is up more than 10% year to date.
And …read more […]
‘A lot of times it’s not the earthquake, it’s the fire,’ says Gundlach. …read more […]
Stock futures kicked off the overnight session slightly higher, edging up slightly as market participants awaited the Federal Reserve’s latest monetary policy decision and commentary Wednesday. …read more […]
U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong’s autonomy, saying such “corporate kowtows” got little in return from Beijing.
(Bloomberg) — Maybe it was another case of mistaken identity, or just Pavlovian enthusiasm on a day when the FANG stocks were powering up. Whatever the reason, a company called Fangdd just jumped fivefold without any news to explain it.Fangdd Network Group Ltd., a Shenzen, China-based real estate firm that trades in the U.S. under the ticker DUO, nearly quintupled on Tuesday, jumping 395% to close at $47.06 per American depository receipt after starting the day at $10.The stock touched as high as $129.04 — an advance of more than 1,200% — before prompting a trading halt that paused the …read more […]
Thousands of British customers of Vodafone Group Plc , the world’s second-biggest mobile operator, faced call connection problems on Tuesday evening, although they were resolved within an hour.
A recent run of optimism in markets hit the brakes on Tuesday as investors mostly pulled back from stocks, though the Nasdaq extended its record run to a new high, while the safe-haven yen, Swiss franc and gold rallied.
Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns that a resurgence in coronavirus cases could hurt fuel demand.
The S&P 500 and Dow fell on Tuesday, pausing after recent strong gains as focus shifted to the Federal Reserve, while the Nasdaq ended at an all-time high for a second straight day after briefly rising above the 10,000 mark for the first time.
Chewy released its first-quarter earnings results after market close on Tuesday, beating on its top line. The company offered guidance with stronger-than-expected estimates for its second quarter. Yahoo Finance’s Myles Udland breaks down the pet e-commerce company’s earnings on The Final Round. …read more […]
Nikola shares surged on On Monday after Nikola’s Founder and Executive Chairman tweeted that the company would begin taking reservations for a new electric pickup truck in late June. Yahoo Finance’s The Final Round panel discusses.
…read more […]
(Bloomberg) — Nano-cap Immuron Ltd. saw shares surge more than ten-fold on Tuesday afternoon as euphoria for retail traders took to the biopharmaceutical industry.The Australia-based company, which was valued at roughly $9 million coming into Tuesday’s session, saw its American depository receipts change hands at a record clip as retail investors cheered and Twitter users were left confused. More than 74 million shares were traded Tuesday which compares to a one-year average volume of less than 100 thousand.The biopharmaceutical company disclosed earlier that the Naval Medical Research Center, its partner, requested a regulatory meeting with the U.S. Food and Drug …read more […]
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