Late last week Bristol Myers Squibb (BMY) got a nice 8% boost after sharing news that it gained approval from the Food and Drug Administration (FDA) for its schizophrenia drug. The stock has cooled off since and is up just shy of 4% over the past week, but it has been on a serious [...]
Monday: The Major Indices started the week in positive territory with investors keeping an eye on the upcoming Personal Consumption Expenditures report. The Dow rose 0.2%, the S&P 500 gained 0.3%, and the Nasdaq added 0.1%. Tuesday: China's new stimulus plan helped boost sentiment despite lower-than-expected housing data, leading to another day of gains. [...]
Written by: Angela Akers In last week’s “Special Presentation,” Mr. Steve Chappell discussed and demonstrated the efficacy and effectiveness of the VectorVest RealTime Derby. The Derby analyzes, sorts, ranks and graphs the second-by-second performance of 169 portfolios. It tracks each portfolio’s performance from the current day’s opening bell and displays the results from the [...]
Shares of Accenture (ACN) are up just under 6% in the past week amidst hype for the company’s AI-powered performance in the fourth quarter. The business management consultant posted adjusted earnings per share of $2.79, which matched the analyst consensus. Revenue of $16.41 billion was a 2.6% improvement year over year and ahead of [...]
Shares of Snowflake Inc. (SNOW) are down roughly 2% Thursday morning, making it a 6% loss over the past month. The latest bit of downward pressure can be attributed to the company’s announcement that it will be raising $2 billion in debt. The plan involves two separate $1 billion Senior Convertible Notes, one of [...]
Shares of General Motors Co. (GM) are down more than 5% so far Wednesday morning, making for a 7% loss over the past month. This comes on the heels of a once-bullish analyst changing his stance on the stock, downgrading it from the equivalent of buy to hold. Daniel Roeska with Bernstein moved his [...]
Last week, the Fed made a 0.5% cut to its rate. Its decision meant that one of the most highly anticipated monetary policy decisions was finally made. In fact, it came many months later than the market had thought; at the end of last year, investors believed a cut would arrive as soon as [...]
Former US President and current candidate Donald Trump made it clear that American manufacturing is a priority for his platform. He just threatened to slap Deere & Co. (DE) with a 200% tariff should they go through with their plans to move manufacturing to Mexico - provided he wins the election, of course. Deere [...]
Shares of Radcom Ltd. (RDCM) climbed nearly 15% last week, and while we’ve seen a slight reversal after the weekend, the stock is still up more than 5% in the past 7 days. This comes after the company noted that it saw an uptick in demand for a wide array of product offerings. Its [...]
Monday: Wall Street struggled to find direction as investors anxiously awaited the upcoming Federal Reserve announcement. The Dow gained 0.6%, the S&P500 ticked up 0.1%, but the Nasdaq slipped 0.5%. Tuesday: It was another mixed day for the markets. The Dow edged down by 0.04%, while the S&P500 increased by 0.03%, and the Nasdaq [...]
