Shares of UnitedHealth Group Inc (NYSE: UNH) rallied 5.38% on Friday after the health insurer reported a second-quarter earnings beat and hiked its full-year guidance.
After a horrible 2021 for cannabis investors, the AdvisorShares Pure US Cannabis ETF (NYSE: MSOS) is down another 55.1% in 2022.
President Joe Biden and a Democrat-controlled Congress have made little progress on U.S. federal cannabis reform.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1996, popular cable news channel MSNBC was launched.
Where The Market Was: The Dow closed at 5,349. The S&P 500 traded at around 629.
Tech stocks once again led the market lower on Wednesday as the difficult 2022 for Wall Street continued. But bad news in the market for ETF investors is good news for ETF short sellers.
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.
Gambling stocks traded sharply lower on Monday morning as Macau casinos shut down for a week. In response, one Wall Street analyst cut his price targets for U.S.-listed casino stocks with exposure to Macau.
The Analyst: Bank of America analyst Shaun Kelley issued the following price target cuts on Monday:
Shares of Nio Inc - ADR (NYSE: NIO) were trading lower Monday as China deals with surging COVID-19 cases and Nio announced it is forming a committee to investigate recent short seller allegations.
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some big-name stocks performed better than others since the pandemic bottom — and cryptocurrencies as well.
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.8% Friday morning after the Labor Department reported encouraging U.S. jobs market numbers from June.