Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating… Continue reading Why is HOOD stock surging today?
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Tesla stock slips another 1.5% today: what’s behind the recent decline?
Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President… Continue reading Tesla stock slips another 1.5% today: what’s behind the recent decline?
Cracker Barrel stock soars 30% as earnings beat sparks short squeeze
Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally… Continue reading Cracker Barrel stock soars 30% as earnings beat sparks short squeeze
Plug Power stock just suffered a harsh reversal: buy the dip or sell the rip?
Plug Power stock has slumped sharply in the past few days, moving from a high of $4.33 on June 2nd to the current $2.91. It has slumped to its lowest point since April 20th, with the market capitalization falling from over $5.7 billion to $4 billion today. So, will this hydrogen giant rebound or fall… Continue reading Plug Power stock just suffered a harsh reversal: buy the dip or sell the rip?
SCHD stock: Why it is a good time to buy this dividend ETF
The Schwab US Dividend Equity (SCHD) ETF has held steady in the past few days, even as the broader stock market has remained on edge, with the S&P 500 and Nasdaq 100 indices being in a freefall. SCHD was trading at $32.30, a few points below the year-to-date high. Here are some of the top… Continue reading SCHD stock: Why it is a good time to buy this dividend ETF
Top 4 risks facing the Dow Jones and DIA stock this year
The Dow Jones Index has wavered in the past few days as the recent bullish momentum stalled and concerns in the stock market remained. It was trading at $50,877 on Tuesday, a few points below the year-to-date high of $51,642. This article highlights some of the top risks facing the Dow Jones and the DIA… Continue reading Top 4 risks facing the Dow Jones and DIA stock this year
Dow futures edge down as investors focus on US inflation
US stock futures traded lower during European hours on Wednesday as investors assessed escalating geopolitical tensions in the Middle East and prepared for the release of closely watched US inflation data. At the time of writing, Dow Jones futures were down 0.30%, trading near 50,750. S&P 500 futures declined 0.40% to around 7,360, while Nasdaq… Continue reading Dow futures edge down as investors focus on US inflation
UK equities hover at three-week lows as investors assess global risks
UK equity markets remained close to three-week lows on Wednesday as investors weighed ongoing geopolitical risks in the Middle East, corporate earnings developments, and the potential implications of upcoming US inflation. The benchmark FTSE 100 and the mid-cap FTSE 250 indexes both posted modest gains in early trading. By 0752 GMT, the FTSE 100 and… Continue reading UK equities hover at three-week lows as investors assess global risks
Here’s why WTI crude oil price is falling amid US, Israel, Iran strikes
The WTI crude oil price remained on edge today, June 10, as investors reacted to the new developments in the Middle East, where the US launched new strikes against Iran. It retreated to $89, down substantially from the year-to-date high of $119. US launches strikes against Iran The WTI crude oil benchmark retreated after the… Continue reading Here’s why WTI crude oil price is falling amid US, Israel, Iran strikes