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Wayne Duggan

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S&P 500 Logs 4th Straight Weekly Gain Following Encouraging Inflation Data

By Wayne Duggan
August 12, 4:27 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher for the fourth consecutive week as investors got some more good news on the inflation front.

AMAT

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4 Rivian Analysts On Sales Growth, Widening Losses: Is EV Maker Back On Track After ‘Horror Show’ IPO?

By Wayne Duggan
August 12, 2:59 PM
Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected.

RIVN

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Petrobas Shares Higher By 5% As Company Auctions Potassium Mining Rights

By Wayne Duggan
August 12, 12:20 PM
Shares of Brazilian oil giant Petroleo Brasileiro ADR (NYSE: PBR) traded higher by 5% on Friday after the company announced it is selling its potassium mining rights in the Amazon Basin.

BBD

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

By Wayne Duggan
August 10, 2:51 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.

LUV

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Atomic Bomb Shuts Down Japan Stock Exchange 77 Years Ago Today

By Wayne Duggan
August 10, 12:22 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 1945, the Tokyo Stock Exchange closed following the U.S. bombing of Nagasaki. Where The Market Was: The Dow Jones Industrial Average closed at 165.14 and the S&P 500 traded at 14.83.

EWJ

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Why Bitcoin Prices Are Higher Following July CPI Inflation Reading

By Wayne Duggan
August 10, 12:21 PM
Bitcoin (CRYPTO: BTC) prices gained 3.7% on Wednesday and Ethereum (CRYPTO: ETH) prices gained 8.8% amid a rally in risk assets following the July consumer price index (CPI) inflation reading.

BTC

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Why These Pfizer Analysts Like The Global Blood Therapeutics Deal

By Wayne Duggan
August 8, 2:50 PM
Pfizer Inc. (NYSE: PFE) shares were trading lower Monday after the drugmaker announced a $5.4-billion bid to acquire blood disorder drugmaker Global Blood Therapeutics Inc (NASDAQ: GBT).

BHVN

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Coinbase Short Sellers Take $363M Hit, Making It ‘Certain Squeeze Stock’

By Wayne Duggan
August 5, 11:08 AM
It’s been a rough year for Coinbase Global Inc (NASDAQ: COIN) investors, with the stock down more than 64% year-to-date overall even after a big 41.2% gain this week following a new cryptocurrency deal with BlackRock Inc (NYSE:

BLK

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2 Match Group Analysts On Q2 Earnings Miss: ‘Product Execution Issues At Tinder’

By Wayne Duggan
August 3, 2:26 PM
Match Group Inc (NASDAQ: MTCH) shares dropped 17% on Wednesday after the online dating company reported disappointing second-quarter revenue and issued lackluster guidance.

MTCH

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Jim Cramer’s ‘They Know Nothing!’ Rant Was 15 Years Ago Today: What’s Happened Since?

By Wayne Duggan
August 3, 12:58 PM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.

AAPL

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