Newsfeeds Archive - Page 31 of 38

2 minute read

Short Sellers Are Ramping Up Their Bets Against Tech Stocks: Analyst Says This May Be A ‘Bear Rally’

August 17, 3:32 PM

The technology sector has taken quite a hit so far in 2022 as investors bet that rising interest rates could weigh on tech stock growth rates. Tech short sellers have done fairly well so far this year, but a new report by S3 Partners analyst Ihor Dusaniwsky suggests short sellers expect more weakness ahead for tech stocks.

NVDA

2 minute read

4 Walmart Analysts Raise Price Targets After Q2 Earnings Beat: ‘Leader And Market Share Gainer’

By Wayne Duggan

August 17, 3:27 PM

Walmart Inc (NYSE: WMT) shares traded higher Wednesday after the discount retailer reported impressive second-quarter earnings growth and reiterated its full-year guidance.

WMT

2 minute read

Why Meme Stocks AMC Entertainment And GameStop Are Still ‘In Danger Of Declining To $0’

By Wayne Duggan

August 17, 1:34 PM

Meme stocks GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) are having another moment, gaining 20% and 48.7% in the past month, respectively.

AMC

2 minute read

Bed, Bath & Beyond, Blue Apron Skyrocket In Latest Short Squeeze: What Investors Need To Know

By Wayne Duggan

August 17, 12:14 PM

The short squeeze trade is back in full effect, and the newest meme stocks catching fire are Bed Bath & Beyond Inc (NASDAQ: BBBY) and Blue Apron Holdings Inc (NYSE: APRN).

AMC

1 minute read

The Dow’s First 100-Point Week Happened 35 Years Ago Today

By Wayne Duggan

August 17, 12:00 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1987, the Dow gained 100 points in a week for the first time. Where The Market Was: The Dow Jones Industrial Average closed at 2,700.57 and the S&P 500 traded at 334.11.

DIA

2 minute read

If You Invested $1,000 In Nikola Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now

By Wayne Duggan

August 15, 3:21 PM

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

2 minute read

Analyst Cuts Price Targets For These Gold Stocks, Names Agnico Eagle Top Pick

By Wayne Duggan

August 15, 1:59 PM

Second-quarter earnings season was mostly bad news for North American precious metal miners. Several producers lowered their guidance for the second half of the year, and Bank of America analyst Lawson Winder lowered his price target for a handful of gold and silver miners on Monday.

AEM

2 minute read

Why Investors Shouldn’t Be So Happy About 8.5% CPI Inflation; They’re Ignoring ‘The Elephant In The Room’

By Wayne Duggan

August 15, 12:34 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 3.4% in the past week, and much of the positive momentum has come after the July consumer price index (CPI) reading was up just 8.5% year-over-year.

SPY

2 minute read

Crypto Giant Galaxy Digital Ditches Billion Dollar BitGo Buyout As Losses Tripled And Terms Weren’t Met

By Wayne Duggan

August 15, 11:18 AM

Galaxy Digital Holdings Ltd (OTC: BRPHF) shares traded lower by 2.8% on Monday after the company announced it has scrapped a major acquisition deal.

$UST

1 minute read

US Stock Market Closes To Celebrate V-J Day 77 Years Ago Today

By Wayne Duggan

August 15, 11:06 AM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1945, the U.S. stock market closed to celebrate Victory over Japan Day. Where The Market Was The Dow Jones Industrial Average closed at 164.79 and the S&P 500 traded at 14.87.

SPY