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HomeInvestments

Investments

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Finance

Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm

May 11, 2023 Mariel Alumit

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally closed mixed Wednesday, amid a tame CPI inflation report and a big move by Google parent Alphabet […]

Price
Finance

ABNB Stock Dives As Airbnb Announces Soft Forecast Despite Earnings Beat

May 10, 2023 Mariel Alumit

Airbnb (ABNB) reported solid first-quarter earnings growth late Tuesday, benefiting from the strong travel rebound in 2023. But Airbnb stock plummeted following results and a less-than-stellar forecast for the second quarter. Earnings jumped to 18 […]

Price
Investments

CRISPR Therapeutics Stock Sees Relative Strength Rating Rise To 89

May 10, 2023 Mariel Alumit

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. CRISPR Therapeutics (CRSP) cleared that benchmark Wednesday, with a jump from 69 to 89 Wednesday. When looking for […]

Price
Investments

Top 1% Biotech Reata Crashes On A Delay For Its Most Anticipated Drug

May 10, 2023 Mariel Alumit

Reata Pharmaceuticals (RETA) scrapped a chronic kidney disease program and announced a delay for its first commercial product on Wednesday, and RETA stock plummeted. The Food and Drug Administration approved Reata’s Skyclarys for patients age […]

Price
Investments

Lithium Merger: Livent-Allkem Deal Will Create Battery EV Metal Powerhouse; LTHM Rises

May 10, 2023 Mariel Alumit

M&A activity has been seen as a potential driver of lithium stocks, but initial reaction to the first big deal sparked some volatility, at least initially. Philadelphia-based Livent (LTHM) and Allkem, based in Argentina, announced […]

Price
Investments

Teva Undercuts Its 50-Day Line On Flat Sales As Profit Misses Forecasts

May 10, 2023 Mariel Alumit

Generic drugs behemoth Teva Pharmaceutical (TEVA) reported light profit and flat sales Wednesday, and TEVA stock tumbled. During the March quarter, Teva earned an adjusted 40 cents per share on $3.66 billion in sales. Teva’s […]

Price
Investments

Bull Market For The Nasdaq? These Worries Beg To Differ

May 10, 2023 Mariel Alumit

The Nasdaq rose to 12,264 on Monday, gaining 20% from its Dec. 28 low. By some measures, that places the index in a bull market. But can a single data point tell much about the […]

Price
Investments

Stock Market Volatile As Nasdaq Tops Key Level. This IBD 50 Stock Soars 21%.

May 10, 2023 Mariel Alumit

The stock market remained volatile after the latest inflation report came out, as buyers did their best to hold indexes in the black at midday Wednesday. The Nasdaq composite led with a 0.8% gain. The […]

Price
Investments

Top Dividend Stock And AI Play Wrapped Up In One Tasty Sandwich

May 10, 2023 Mariel Alumit

Dividend stock and fast food chain Wendy’s (WEN) beat Q1 2023 estimates Wednesday morning, posting a profit of 21 cents per share, a penny above 20-cent expectations. Revenue of $528.8 million marked 8.2% year-over-year growth, […]

Price
Investments

Tucker Carlson To Host Show On Twitter; Elon Musk Says No Special ‘Deal’

May 10, 2023 Mariel Alumit

Tucker Carlson announced in a Twitter video Tuesday that he’ll launch his show on Elon Musk’s social media site. Carlson was fired by Fox News from his prime-time slot just over two weeks ago. Carlson, […]

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