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Nasdaq-100 Falls Into Correction Territory As Losses Mount For Tesla, Zoom, Peloton
Thursday, March 4, 2021 - 6:27pm | 2024Wall Street has apparently decided to get ahead of the Fed by staging a “taper tantrum” before any actual taper. There’s no sign of the Fed rolling back its accommodative monetary policy in any way, but investors seem convinced the day will come. The feeling grew stronger...
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Direction Hard To Find As Market Keeps Chopping Ahead Of Key Jobs Data
Wednesday, March 3, 2021 - 11:08am | 2122Looking for direction this week? Consider buying an atlas, because the market isn’t providing much. Up big on Monday, down sharply yesterday, and mixed today. It’s a choppy pattern, and we’ll discuss lower down why this might be happening. Meanwhile, it’s a morning without...
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Zooming Up: Zoom Shares Skyrocket After Better-Than-Expected Results, Upbeat Forecast
Tuesday, March 2, 2021 - 11:26am | 1829There’s a saying about the weather in March: It comes in like a lion and goes out like a lamb. While we don’t know how the market will end the month, it started off with a roar. Stocks surged Monday as the 10-year Treasury yield seemed to be stabilizing and investor optimism about the...
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Zoom (ZM) – Earning Preview, Expected Move And Options Strikes
Monday, March 1, 2021 - 2:32pm | 1401Zoom Video Communications Inc (NASDAQ: ZM) reports earnings today (Monday) after the close. ZM options are pricing about a 9% move, or just under $40 in either direction. Zoom was lower by -15% on its most recent earnings report and saw moves of +40% and +8% in the two prior. A full calendar...
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This Week's Stars Are Zoom, Target And Costco
Monday, March 1, 2021 - 1:59pm | 1162Zoom Video Communications Inc (NASDAQ: ZM) will open the week on Monday after market close whereas big-box retailers highlight the week's other big releases, led by Target Corporation (NYSE: TGT) on Tuesday and Costco Wholesale Corporation (NYSE: COST) on Thursday. Zoom Video...
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Earnings Season Continues This Week With Reports From Zoom, Target, Costco
Monday, March 1, 2021 - 10:49am | 1757As a new month dawns it looks like investors are getting back to work in stocks. Worries about higher interest rates seem to be waning—for now, anyway—as the yield on the 10-year Treasury pulls back, allowing stocks to rally on vaccine and stimulus optimism. The latest good...
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Yield Sign Flashing: Spike In 10-Year Treasury Above 1.5% Spooks Market In Thursday Selloff
Thursday, February 25, 2021 - 6:44pm | 1720The Fed has said it won’t raise rates. The market is saying “We may raise rates for you.” That’s arguably the story of today’s messy selloff. The 10-year Treasury yield flirted with and then finished above 1.5% for the first time in a year. That’s up 60 basis...
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March Outlook: Economic Optimism Surrounds New Stimulus, But Yield Surge Hits Tech
Tuesday, February 23, 2021 - 5:39pm | 2059After an icy February, March begins soon with hints of spring in the air. And hints of stimulus. Heading into the new month, focus turns to Capitol Hill, where Congress is expected to deliver another $1.9 trillion in stimulus (give or take a hundred billion) before the first regular season baseball...
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Barron's Latest Picks And Pans: Bank Stocks, BDCs, Blackstone, Fluor, Oracle And More
Sunday, February 21, 2021 - 8:13am | 1202This weekend's Barron's cover story explores one enterprise software company's transformation into a cloud giant. Other featured articles discuss who dominates the public cloud, who stands to benefit as Texas rebuilds and how to tell when tech companies are overvalued. Also, the...
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Tesla, Moderna Start Year Looking Firm Thanks To Strong Deliveries, Vaccine Optimism
Monday, January 4, 2021 - 11:23am | 2066First of all, welcome back. Here’s hoping you had a great holiday season and feel ready for another exciting year of these fascinating financial markets. The calendar is new, but the same old pandemic continues to cloud the economic outlook and, let’s face it, life as a whole. Last year...
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Verb Technology Co., Inc. Is Transforming The Way Companies Do Business
Friday, December 4, 2020 - 10:15am | 1145The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. As a result of the pandemic, online shopping has taken over the retail market. Government-imposed safety measures have been a main driving...
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Go Out Or Stay At Home? Tug Of War Could Continue After Peloton, Amazon, Netflix Hammered Monday
Tuesday, November 10, 2020 - 11:11am | 2586The 12 Apollo astronauts who walked on the moon came back to Earth and reportedly didn’t know what could top that experience. Today, Wall Street finds itself in the same spaceship as those long-ago voyagers, with investors unsure what can eclipse the rocket ride that took markets to new highs...
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Monday's Market Minute: Equities Surge On Positive Vaccine News
Monday, November 9, 2020 - 10:57am | 303Equity index futures are charging right out the gate this week on positive news about Pfizer Inc.’s (NYSE: PFE) COVID-19 vaccine. Small-caps, in particular, are seeing the most strength, with Russell 2000 futures trading limit up for a 7% gain. S&P and Dow futures are also looking strong...
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Airlines, Cruise Ships, Energy Shares Take Biggest Blow From Rise In Virus Cases, Stimulus Stall
Monday, October 26, 2020 - 6:52pm | 1805Subtract almost all remaining hopes of a stimulus, add thousands of new COVID-19 cases, sprinkle in some pre-election volatility, and what do you get? A day like Monday on Wall Street. Major stock indices took it on the chin, suffering their steepest spill in a month. By the end of the day,...
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Airline, Travel Stocks Could Be In Focus Ahead Of Delta Earnings Later This Week
Monday, October 5, 2020 - 9:59am | 1934If anyone still had doubts about COVID-19 being the number one story on Wall Street this fall, the president’s diagnosis and hospitalization probably changed their minds. The virus takes priority over everything else that’s going on in the market—you can see it playing out before...