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News
Why Micron Stock Just Sank
3+ day, 54+ min ago (452+ words) Micron (NASDAQ: MU) stock had a tough day on the market on Thursday, with the company's share price declining 4.7% in the day's trading. Meanwhile, the S&P 500 and the Nasdaq Composite each declined 0.6% in the session. The memory chip leader's…...
Why Lockheed Martin Stock Popped Today
5+ day, 13+ hour ago (339+ words) Lockheed Martin (NYSE: LMT) stock jumped 2.5% through 11:50 a.m. ET this morning. You can thank Swiss investment bank UBS for that. Lockheed Martin isn't expected to report earnings again until late October, but that isn't stopping UBS from making its recommendation now:…...
SoFi Raised Its Revenue Guidance and the Stock Fell 10%. Here's What the Market Missed.
1+ week, 1+ day ago (676+ words) SoFi (NASDAQ:SOFI) reported the best quarter in its history a few weeks ago, and the stock fell by nearly 10%. It has since rebounded, along with many other fintech stocks, but this continues a pattern of SoFi reporting earnings that…...
Where Will SoundHound AI Stock Be in 1 Year?
1+ week, 3+ day ago (643+ words) SoundHound AI (NASDAQ: SOUN) has been one of the most hotly debated artificial intelligence (AI) stocks on Wall Street. It has swung wildly between less than $6 per share and more than $22 per share over the past 12 months. Today, the stock…...
This Was the Best-Performing Asset Class in August
1+ week, 4+ day ago (363+ words) At the beginning of every month, I look back to see how various asset classes performed during the previous month, which were the laggards and which were the leaders. This exercise helps me get a sense of where the market…...
Why CVS Stock Rallied Tuesday Morning
1+ week, 5+ day ago (239+ words) Shares of CVS Health (NYSE: CVS) rallied out of the gate on Tuesday morning, adding as much as 3.7%. As of 11:20 a.m. ET, the stock was still up 3.4%. The catalyst that sent the healthcare giant higher was bullish commentary from one Wall…...
Is AT&T's Dividend Finally Safe Again? Here's My Verdict.
1+ week, 5+ day ago (268+ words) I've had concerns about AT&T's (NYSE: T) dividend ever since it slashed its payout in 2022 following the spinoff of its media assets to create Warner Bros. Discovery. However, I honestly think that the dividend is finally safe again. The telecom…...
After Its Reverse Stock Split, Should Investors Feast on Beyond Meat Stock, or Is It Time to Stick a Fork In It?
2+ week, 3+ day ago (613+ words) On the surface, this changes nothing for the food company, as it left shareholders with one-thirtieth of the number of shares, but increased the value of each new share by 30-fold. Neither the market cap of Beyond Meat nor the…...
IREN Stock Plunged Last Week. Now Could Be a Good Time to Buy.
2+ week, 6+ hour ago (442+ words) Shares of IREN (NASDAQ: IREN) fell 15% this past week after the cloud computing provider's quarterly results fell short of investors' lofty expectations. Therein lies your opportunity. IREN has what many businesses need. "We have spent years assembling what is difficult…...
SpaceX just gave Nvidia investors a new reason to watch
2+ week, 5+ day ago (913+ words) SpaceX CEO Elon Musk has never been shy about ambitious timelines, and his latest involves putting AI data centers in orbit. He offered the most specific schedule yet for exactly when that plan starts becoming real. The update landed just…...