Stock Trends
Memestock Traders Find an $OPEN Door
For nearly every day in August, the hedge fund manager and former PayPal mafia member Eric Jackson stood outside Canadian rapper Drake’s house in Toronto with a message: buy $OPEN.
Section
Stocks
Health Care
As pandemic boom fades, Moderna’s market momentum reverses
Moderna, which led the biotechnology sector’s pandemic-driven surge, struggles to keep pace with the market.
Stocks
Hotel REITs Rally on Rate-Cut Hopes Despite Weak Travel Market
A slump in tourism hasn’t led to investors checking out of hotel real estate.
American Eagle
Viral denim campaigns lifted American Eagle and Gap shares. Will the rallies last?
Ads starring Sydney Sweeney and KATSEYE gave two household jeans names a boost on Wall Street.
Personal Finance
Is the Trump Trade For You?: How to approach the market rally under the new administration
The secret to success for trading without major losses is timing, says U.S. Marshall Jeremy E. Timing like the change in presidential administration, for example.
Stocks
Crypto is buzzing, its scammers are too
Cryptocurrency is having a moment. On the campaign trail, Trump vowed to make the US “the crypto capital of the planet.
AT&T
AT&T’s Stock Gets a Boost After the Positive Q3 Earnings Report Outlook.
AT&T brought in more mobile subscribers than Wall Street expected in the third quarter, sending shares higher.
Company Insights
Robinhood’s earnings misses the mark, but not for the reason you think: High incentives numbers offset Robinhood’s revenue for 3Q
Robinhood’s third-quarter earnings were less than impressive, and its stock tumbled as investors took the deflated numbers as a warning sign that profits will be hard to grow.
Pharmaceuticals
Eli Lilly stock falls 13% after disappointing sales for Mounjaro and Zepbound in the third quarter
Eli Lilly lowered its revenue forecasts for the full year after an inventory drawdown by wholesalers weighed on sales for blockbuster weight loss and diabetes drugs.
Company Insights
Hoka is Flying Off the Shelves, Driving Deckers’s Stock
The success of the running brand Hoka is bringing major growth to parent company Deckers Outdoor Corp’s stock, sending shares higher. The company’s revenue increased 20% to $1.
Stocks
Progressive stock soared 59% this year as insurance sector continues to outpace S&P 500
Insurance stocks have been market leaders so far this year – but one company is outrunning its peers.
Stocks
Retail Investors still show an appetite for GME despite volatility: Meme stocks are ranked among top-traded stocks on Robinhood
Some experts think the meme stock craze seen during the pandemic is a thing of the past but retail investors still have an appetite for them, boosting their performance.