Latest Updates Around The World
Coinbase Global, Inc. (NASDAQ:COIN) will report third-quarter earnings results after the closing bell on Thursday, October 30. Analysts expect the New York-based company to report quarterly profit of $1.1 per share, compared with 28 cents per share a year ago. The consensus estimate for Coinbase’s quarterly revenue is $1.8 billion, up from $1.21 billion a […]
US stocks traded higher this morning, with the Dow Jones index gaining about 250 points on Wednesday. The Dow Jones rose 0.55% to 47,970.89, while the NASDAQ rose 0.65% to 23,982.73. The S&P 500 also rose, gaining 0.33% to 6,913.53. Check this out: The top two energy stocks that could implode this quarter Leading and […]
Carvana Co. (NYSE:CVNA) is accelerating its dealer shift driven by a digital, vertically integrated model as credit concerns ease and demand remains resilient. Needhams Mackenzie Holleran confirmed a Buy on Caravanna with a goal of $500. She said Carvana is leading the shift from traditional auto retailing to a digital, data-driven, capital-efficient, vertically integrated model. […]
The market’s reaction to early corporate earnings this quarter was unusual, revealing an interesting disconnect between financial performance and investor reaction. Traditionally, when companies exceed earnings per share expectations, their stock prices tend to rise. Yet this earnings cycle tells a different story. Read next: Latest Beyond Meat short-seller? Martin Shkreli, of course Companies that […]
US stocks traded higher towards the end of trading, with the Nasdaq Composite gaining 1% on Thursday. The Dow Jones rose 0.40% to 46,774.97, while the NASDAQ rose 1.00% to 22,968.42. The S&P 500 also rose, gaining 0.72% to 6,747.32. Check this out: The top two utility stocks you might want to dump this quarter […]
President Donald Trump‘China’s government is likely to take stakes in more companies as a result of China’s latest rare earth export restrictions,’ says finance minister Scott Bessant said Wednesday. Bersent told CNBC said it “wouldn’t be surprised” if the US bought shares in other companies, but only in strategic sectors. “When we get an announcement […]
Tesla Inc (NASDAQ:TSLA) reported strong third-quarter deliveries that exceeded analyst expectations, but a new report shows demand for one of its electric vehicles has fallen significantly. • TSLA shares are rising with conviction. Follow the action here. What happened: Tesla is seeing an uptick in demand in many parts of the world, including China, and […]
Shares of NioCorp Developments Ltd (NASDAQ:NB) rose sharply in pre-market trading after the company posted its preliminary unaudited financial results for the three-month period ended September 30. NioCorp Developments had a record cash balance of $162.8 million on its consolidated balance sheet as of Sept. 30 and posted a net loss of $42.7 million, or […]
Leading cryptocurrencies rose alongside stock futures on Sunday night after the presidential election Donald Trump This indicated a possible de-escalation of trade tensions between the US and China. Cryptocurrency Profit +/- Price (recorded at 9:35 PM ET) Bitcoin (CRYPTO: BTC) +4.91% $115,716.67 Ethereum (CRYPTO:ETH) +11.68% $4,169.24 XRP (CRYPTO:XRP) +8.76% $2.53 Solana (CRYPTO: SOL) +13.90% $198.53 […]
