Tag: trading

August 6, 2021

Shorting a stock involves selling a borrowed stock in the anticipation of buying the same stock back at a lower future price and pocketing the difference. Short selling is a normal part of an active trader’s plan as it presents […]

July 26, 2021

The phenomenon of mobile phone apps continues to transform the world: from the opportunities it gives to order a taxi to the way that it allows instant groceries deliveries, the app ecosystem has given a new lease of life to […]

July 21, 2021

Those figures would mean a valuation of between $27 billion and $35 billion, placing the trading app in the upper third of the S&P 500. Robinhood’s revenue grew by 245% to $959 million last year on the back of increased […]

June 16, 2021

Bank executives have been warning that recent gains were likely unsustainable. This week’s comments from Mason, Dimon and Morgan Stanley CEO James Gorman show a shift to expectation-management mode — not by stressing that the current trend is bleak but […]

June 8, 2021

Warren Buffett is an American business tycoon, philanthropist, and one of the greatest investors of all time. As of June 2021, he has a net worth of over $109 billion. Buffett runs Berkshire Hathaway, which owns more than 60 companies. […]

April 16, 2021

Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68% higher than a year earlier, according to Refinitiv Revenue: $14.1 billion, 49% higher than a year […]

April 14, 2021

JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results and a $5.2 billion benefit from releasing money it had previously set aside for loan losses that didn’t develop. The bank posted first-quarter profit […]

April 14, 2021

Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed […]

April 9, 2021

Levi Strauss – Shares of the retailer jumped 5% after the company beat top- and bottom-line estimates during the first quarter. Levi’s earned 34 cents per share on an adjusted basis, while reporting $1.31 billion in revenue. Analysts surveyed by […]

April 8, 2021

The pandemic spurred a flood of new retail investors into the stock market and a survey from Charles Schwab attempts to estimate the size of this this new generation of traders. The broker found that 15% of current retail investors […]

April 6, 2021

Snap — The social media company’s stock price jumped about 4.7% after Atlantic Equities upgraded the stock to overweight from neutral. The Wall Street firm said that Snap has transformed into a broad content platform and that it sees an […]

March 15, 2021

GenMark Diagnostics (GNMK) – GenMark will be bought by Swiss drugmaker Roche for $1.8 billion in cash, or $24.05 per share. Shares of the U.S.-based molecular diagnostic test maker had closed at $18.50 per share on Friday. GenMark surged 29.2% […]

March 11, 2021

As of March 10, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and high dividend yields. The Toronto-Dominion Bank The Toronto-Dominion Bank’s (NYSE:TD) dividend yield is 3.77% and the payout ratio is […]

March 4, 2021

Okta (OKTA) – Okta tanked 10.5% in premarket trading after announcing it is buying customer management software provider Auth0 for $6.5 billion in stock. The provider of identity management software also reported quarterly earnings of 6 cents per share, compared […]

March 1, 2021

Hilton Grand Vacations (HGV) – The timeshare company posted a wider-than-expected loss for its latest quarter, while revenue was also below Wall Street forecasts. Hilton Grand Vacations said the pandemic has created a challenging environment but said 85% of its […]

February 25, 2021

Robinhood’s user growth, brand recognition and valuation appear to be stronger than ever as the online brokerage recovers from the GameStop trading chaos. Demand for Robinhood shares in private markets is surging as the start-up likely benefited from headlines and […]

February 18, 2021

With attention focused on Robinhood, GameStop and retail traders at Thursday’s congressional hearings, trading volumes are very much in focus, as is the practice of “payment for order flow.” Talk about a comeback story. A year ago, retail traders were […]

February 4, 2021

GameStop shares tanked again Thursday as the Reddit-fueled trade unraveled further. The stock traded lower by more than 35%, bringing the video-game retailer’s losses for the week to more than 80%. The latest price drop came even after trading app […]

February 3, 2021

Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as […]

February 2, 2021

Nasdaq (NDAQ) – Get Report said Tuesday that it had agreed to sell its U.S. fixed-income business for $190 million cash to an affiliate of electronic marketplace operator Tradeweb Markets (TW) – Get Report. New York-based Nasdaq at last check […]