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Adobe Lifts Guidance and Beats Earnings But Shares Fall 7% — Time to Buy?
Typically, a 7% selloff has a fairly obvious catalyst. In the case of Adobe, the reason for its 7% stock price decline on Friday is hard to nail down. The post Adobe Lifts Guidance and Beats Earnings...
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Consumer Sentiment Improves for the First Time in Six Months
Consumers are a bit more optimistic about the economy this month, according to a key gauge of consumer sentiment, the University of Michigan Survey of Consumers. The post Consumer Sentiment Improves...
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Fed Meets This Week on Rates: Is a Move on the Table?
The big news in a short week for markets is the Federal Open Market Committee (FOMC) meets on Tuesday and Wednesday to discuss the federal funds rate. The post Fed Meets This Week on Rates: Is a Move...
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BetMGM Raises Guidance, Sending MGM Stock Soaring
On Monday, MGM stock jumped more than 6% after the company raised its guidance for BetMGM for the rest of the fiscal year. The post BetMGM Raises Guidance, Sending MGM Stock Soaring appeared first on...
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Roku Stock Rises 8% on Ads Deal with Amazon
Roku stock was surging about 8% higher on Monday after the streaming platform announced a major deal with Amazon Ads. The post Roku Stock Rises 8% on Ads Deal with Amazon appeared first on ValueWalk.
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NVIDIA Deal Fuels 5% Spike for This AI Data Center Stock
Vertiv Holdings stock was on the move Monday after it struck a deal with AI leader NVIDIA and got a massive analyst upgrade. The post NVIDIA Deal Fuels 5% Spike for This AI Data Center Stock appeared...
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The Top 3 Gaming ETFs
The number of ETFs that cover the gaming industry has grown in recent years, mirroring the growth of the industry. Here are the top three performers right now. The post The Top 3 Gaming ETFs appeared...
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How AI Is Pushing This Non-Technology Stock Higher
Publishing company John Wiley & Sons reported strong fiscal fourth quarter earnings that surpassed expectations, with an assist from its AI-based initiatives. The post How AI Is Pushing This...
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Solar Stocks See Double-Digit Drops On Proposed Budget Cuts
The leading providers of solar panels and equipment saw their stock prices plummet after the U.S. Senate’s version of the budget bill was released earlier this week. The post Solar Stocks See...
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Invest 3–7% of Your Net Worth in Crypto, Bank Tells Wealthy Clients
The advice applies to Bitcoin and Ether only, with plans to expand to other tokens later this year Spanish banking giant BBVA is recommending that its high-net-worth clients allocate between 3% and 7%...
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Is Korn Ferry Stock a Buy After 16% Spike?
It’s that time of the quarter that earnings reports slow to a crawl, which puts more focus on the few companies that actually do report earnings, like Korn Ferry. The post Is Korn Ferry Stock a Buy...
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Why This Stock is Up 477% Since its IPO
Circle Internet Group went public just a couple of weeks ago on June 4 at a price of $31 per share. Two weeks later, the stock is trading at around $180 per share. The post Why This Stock is Up 477%...
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FOMC Keeps Rates the Same, Expects 2 Cuts in Second Half
To the surprise of very few, the Federal Open Market Committee (FOMC) kept the federal funds rate where it has been since December – at the 4.25% to 4.50% range. The post FOMC Keeps Rates the Same,...
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Hackers Burn $90M From Iranian Crypto Exchange as Cyber Threats Reshape...
The Nobitex breach led Iran’s central bank to impose a nationwide crypto trading curfew for the first time Hackers aligned with Israel have burned over $90 million in Bitcoin, Ethereum, Dogecoin, and...
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Crypto News Roundup: Bitcoin Flat as Fed Delays Cuts, Iran Crypto Hack Burns...
It’s been a roller coaster week for the cryptocurrency market. Macroeconomic headwinds have kept prices range-bound, while geopolitical hotspots and institutional ETF activity have sent new signals...
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CarMax Stock Spikes 9% on Jump in Used Car Sales
CarMax was riding high on Friday, rising 9% after the used car sales company posted strong first quarter earnings. The post CarMax Stock Spikes 9% on Jump in Used Car Sales appeared first on ValueWalk.
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Is Kroger Stock a Buy After Earnings?
One of the top performing consumer staples stocks this year has been Kroger, the leading grocery store chain in the country. The post Is Kroger Stock a Buy After Earnings? appeared first on ValueWalk.
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GMS Stock Skyrockets as Suitors Jockey to Buy It
There is an apparent bidding war to buy GMS, a leading supplier of building materials. Now, Home Depot could be in the mix. The post GMS Stock Skyrockets as Suitors Jockey to Buy It appeared first on...
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Iran Moves to Close Strait of Hormuz: How Investors Can Act with XTB
On Sunday, June 22, Iran’s parliament passed a bill to block the Strait of Hormuz following the US attack on three Iranian nuclear sites. The Strait of Hormuz is a narrow waterway, but it is critical,...
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Crypto Exchange OKX Weighs US IPO Debut as Circle’s Soars 250%
The exchange resumed US operations in April and is now exploring a potential listing amid mounting pressure in Asia Global crypto exchange OKX is reportedly considering an initial public offering...
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