Newsfeeds Archive - Page 70 of 106

2 minute read

AMC Is Overpriced, Says Analyst Calling For 48% Price Drop From Here

December 29, 10:56 AM

Analysts at Wedbush are not romanticizing the relationship between AMC Entertainment Inc (NYSE: AMC), and its retail shareholders. In fact, Wedbush believes that the steadfast retail crowd will continue to prop up shares of AMC.

$APE

2 minute read

Why Are Tesla And Other Big-Name Stocks Selling Off In December? Here’s 1 Potential Reason

By AJ Fabino

December 28, 3:03 PM

Elon Musk’s Tesla Inc (NASDAQ: TSLA) is down nearly 73% year-to-date, marred by the billionaires' purchase of Twitter, prompting investor uncertainty with regard to its growth assets.

AMC

2 minute read

COVID-19 Cases Soar While Stocks Fly: How To Play China’s Reopening In The Market

By AJ Fabino

December 27, 3:15 PM

As COVID-19 spreads through China, and the world’s second-largest economy is dealing with an overwhelming wave of new infections, shares of Chinese-based funeral and healthcare companies are going higher.

CHIR

2 minute read

Bull Talk: Ryan Detrick Tells Benzinga Why Investors Have A Reason To Believe In Santa

By AJ Fabino

December 27, 12:35 PM

Carson Group’s Ryan Detrick believes in Santa, and the chief market strategist gave investors a reason to have faith in the historic Santa Claus rally (SCR) on

SPY

2 minute read

China To Open Borders, Drop COVID-19 Restrictions: What You Need To Know

By AJ Fabino

December 26, 1:23 PM

China will strike the final blow to its COVID-19 restrictions at the beginning of next year, for both citizens of the country and those traveling to the mainland. What Happened: China will reopen borders and abandon quarantine after it downgrades its treatment of COVID on Jan. 8.

CHIR

2 minute read

Holiday Retail Sales Come In Hot: Is It Ammo For The Fed To Remain Hawkish?

By AJ Fabino

December 26, 12:46 PM

Mastercard Inc (NYSE: MA) issued preliminary holiday 2022 retail sales insights Monday, falling in line with The National Retail Federation’s (NRF) November predictions, indicating that

AMZN

2 minute read

Here Are The Total Savings If You Bought Your House In December, Instead Of October

By AJ Fabino

December 23, 2:35 PM

This year has been a bear on the mortgage market as the average interest rate for the most popular long-term mortgage — 30-year fixed — is more than double what it was a year ago.

RDFN

2 minute read

Bomb Cyclone: 200 Million People Experience Artic Chill Halting Holiday Travel

By AJ Fabino

December 23, 12:23 PM

A powerful, and windy winter storm — dubbed a "bomb cyclone" due to the plummeting barometric pressure — is blasting its way across the U.S. and Canada. affecting over 200 million people ahead of the year's busiest travel days.

GNRC

2 minute read

Stocks Tank As Hotter Economic Data Dampens Hopes For Interest Rate Reductions

By AJ Fabino

December 22, 11:02 AM

Stocks tumbled Thursday after a stronger-than-expected U.S. gross domestic product report showed that final third-quarter growth came in at 3.2% against a consensus estimate of 2.9%.

SPY

3 minute read

These Stocks Ran Up Into The End Of 2021, Can They Do It In 2022?

By AJ Fabino

December 21, 2:19 PM

With just six trading days left in the year, Benzinga looked at which stocks performed the best leading to the end of 2021, with each stock on the list surging more than 15%. Before getting into the list, note that the markets are not in the same position as last year.

CFLT