Although U.S. stocks closed lower on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an…
As of March 26, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Keybanc boosted the price target for Worthington Steel, Inc. (NYSE:WS)…
Carnival Corporation (NYSE:CCL) is expected to release earnings results for its first quarter, before the opening bell on March 27, 2024. Analysts expect the Miami, Florida-based company to report a quarterly loss at 18 cents per share, versus a year-ago…
U.S. stocks were lower, with the Dow Jones index falling around 100 points on Monday. Shares of Aehr Test Systems (NASDAQ:AEHR) fell sharply during Monday’s session after the company reported preliminary third-quarter and FY24 adjusted EPS and revenue results below…
If anyone needs any proof of how the landscape of investment has changed as a result of a handful of technology companies over the past decade, take a look at the world’s biggest sovereign wealth fund (SWF). SWFs typically take…
Key Takeaways: Lufax announced a massive special dividend of $2.42 per ADS, equal to about half of its Friday closing price of $4.48 The company slashed the size of its loan portfolio by 45% last year, and expects to reduce…
Ferrari N.V. (NYSE:RACE) saw a remarkable surge in sales in Taiwan, outpacing China and Hong Kong, thanks to the flourishing wealth of the country’s chip entrepreneurs and the diversification of global supply chains. What Happened: Ferrari’s sales in Taiwan have…
On Thursday, March 21st, U.S. stock markets closed higher for a second day, buoyed by the Federal Reserve’s hints at upcoming rate cuts and a surge in chip stocks following Micron Technology’s positive forecast. In economic data, U.S. jobless claims fell…
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook's 2022 conversation with a journalist has come back to bite him, with the U.S. Department of Justice (DOJ) citing it in its antitrust lawsuit against Cupertino. What Happened: Amongst 232 citations in its "dangerous"…
