What Tupperware’s Bankruptcy Announcement Means for Investors
Tupperware Brands (TUP) lost almost all of its value overnight after the company announced it would be filing for bankruptcy. The stock sat at $1.19 per share but has plummeted 57% to just $0.5 per share this morning. Exchanges like Robinhood have halted trading on the stock since. It’s been a tumultuous stretch for the home goods brands, which [...]
Weekly Market Recap: Inflation Data and Fed Speculations Drive Market Trends
Monday: The trading week started on a positive note with all major indices—Dow, S&P 500, and the Nasdaq—climbing by 1.2% amid positive sentiments and anticipation of key economic data releases scheduled for the week. Tuesday: Mixed results characterized the day as concerns about the upcoming Consumer Price Index (CPI) overshadowed gains in the technology sector. The Dow saw a [...]
Intel Gets $3.5 Billion Grant From US Department of Defense, But Still Time to Sell INTC – Here’s Why…
Shares of Intel Corporation (INTC) are up nearly 4% through Monday morning so far after news broke of the company’s $3.5 billion grant awarded under the “Secure Enclave” program by the US Department of Defense. These funds will be used to produce advanced semiconductors which will then be used for our country’s strategic defense needs. Getting federal funding like [...]
THE POSSIBILITIES ARE ENDLESS
Written by: Angela Akers The financial world and talking heads were all a buzz this week about what the economy would look like under Harris versus Trump following Tuesday’s debate and what companies would be a good investment in that regard. Also discussed, the upcoming Federal Reserve meeting where the Fed is widely expected to cut rates by 25 [...]
What is Rolling Covered Calls? When to Roll Covered Calls
There’s nothing worse than seeing the trade you’d envisioned start to take a turn for the worse, falling apart right before your eyes. While much of this can be prevented with a sound strategy and the help of our stock analysis software, selling covered calls won’t always work out how you’d planned. With traditional stock trading, you can simply close [...]
Adobe’s Weak Guidance Overshadows Strong Q3 Results: 3 Other Things Investors Need to Consider
Adobe Inc. (ADBE) reported third-quarter earnings yesterday after the market closed, and while earnings and revenue both came in above the analyst consensus, the focus remained on lackluster guidance for the current quarter. Here’s how the company performed in Q3: Adjusted earnings per share: $4.65 compared to the $4.53 consensus. Revenue: $5.41 billion compared to the $5.37 billion consensus. [...]
