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Netflix, Crocs And 2 Other Stocks Insiders Are Selling
Netflix, Crocs And 2 Other Stocks Insiders Are Selling
Aug 12, 2024
The Nasdaq 100 closed higher by around 100 points during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making...
Sector Update: Health Care
Sector Update: Health Care
Aug 12, 2024
08:45 AM EDT, 08/12/2024 (MT Newswires) -- Health care stocks were flat to higher pre-bell Monday as the iShares Biotechnology ETF (IBB) was inactive and the Health Care Select Sector SPDR Fund (XLV) was up 0.3% recently. Ascendis Pharma ( ASND ) shares were over 10% higher after saying the US Food and Drug Administration has approved Yorvipath, the company's...
US Equity Futures Post Narrow Gains Pre-Bell as Traders Search for Fresh Cues
US Equity Futures Post Narrow Gains Pre-Bell as Traders Search for Fresh Cues
Aug 12, 2024
08:56 AM EDT, 08/12/2024 (MT Newswires) -- US equity futures posted narrow gains ahead of Monday's opening bell as traders searched for fresh impetus after a volatile week amid concerns of a US economic growth slowdown. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures rose 0.2%, and Nasdaq futures were up 0.3%. Oil prices were higher, with front-month...
Sector Update: Tech
Sector Update: Tech
Aug 12, 2024
08:39 AM EDT, 08/12/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Monday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up 0.4%. Monday.com ( MNDY ) shares advanced by more than 9% after it reported higher Q2 non-GAAP net income and revenue. The company also raised...
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AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
Jun 24, 2024
WASHINGTON, June 24 (Reuters) - AT&T ( T ) CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services. Under current law, fees are assessed on wireless and landline telephone service subscribers to support the...
What Analysts Are Saying About Iris Energy Stock
What Analysts Are Saying About Iris Energy Stock
Jun 24, 2024
Across the recent three months, 10 analysts have shared their insights on Iris Energy ( IREN ) , expressing a variety of opinions spanning from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
The Internet of Things Is Still Broken (But DePIN Can Fix it)
The Internet of Things Is Still Broken (But DePIN Can Fix it)
Jun 24, 2024
Over a decade ago, I got into the blockchain business because I wanted to fix the Internet of Things. A decade later, both businesses are thriving and both still have big problems with their business models. It may well be that, like the original internet, we can never really escape bad business models once they take root. I am, for...
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Jun 24, 2024
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 2.18% on an annualized basis producing an average annual return of 12.9%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $11.35 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
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Kindly MD to Buy Back $500,000 of Shares
Kindly MD to Buy Back $500,000 of Shares
Oct 17, 2024
10:04 AM EDT, 10/15/2024 (MT Newswires) -- Kindly MD (KDLY) said Tuesday its board has authorized a repurchase of up to $500,000 of its common shares from time to time, depending on market conditions. Shares of Kindly MD were up 7.5% in recent trading. Price: 1.29, Change: +0.09, Percent Change: +7.50 ...
Blackstone to invest $8.2 bln in data centres in northeastern Spain
Blackstone to invest $8.2 bln in data centres in northeastern Spain
Oct 17, 2024
MADRID, Oct 15 (Reuters) - Blackstone, the world's largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain's Aragon, boosting the region's growing status as a major cloud computing hub in Europe. The U.S. private equity fund will follow tech giants such as Microsoft ( MSFT ) and Amazon ( AMZN )...
Amazon.com Unusual Options Activity
Amazon.com Unusual Options Activity
Oct 17, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Amazon.com ( AMZN ). Looking at options history for Amazon.com ( AMZN ) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish. From...
Update: UnitedHealth's Q3 Adjusted EPS, Revenue Rise; 2024 Profit Outlook Narrows; Shares Fall
Update: UnitedHealth's Q3 Adjusted EPS, Revenue Rise; 2024 Profit Outlook Narrows; Shares Fall
Oct 17, 2024
10:13 AM EDT, 10/15/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.) UnitedHealth ( UNH ) shares slumped 9.1% in recent Tuesday trading after the company released Q3 results and narrowed its 2024 adjusted net earnings guidance. Adjusted earnings in the quarter ended Sept. 30 rose to $7.15 per diluted share from $6.56 a year...
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US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
​​​​​FTSE 100 Drops Back from Eight
​​​​​FTSE 100 Drops Back from Eight
Mar 15, 2024
FTSE 100, Dow Jones, Nasdaq 100 Daily Price and Charts ​​​FTSE 100 retreats from a ten-month high ​Wednesday saw the price reach its highest level in ten months, but a reversal on Thursday might suggest that more declines are in store, at least towards the 50-day simple moving average. ​Below this lies 7600, where buying pressure appeared in the second...
US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
Mar 15, 2024
US Dollar Price, Analysis, and Charts Major central bank policy decisions next week.US dollar index nears a cluster of resistance points.British Pound edging lower ahead of UK inflation report. Recommended by Nick Cawley Building Confidence in Trading The latest US PPI report showed that wholesale inflation remains sticky, denting the recent disinflation story. US y/y inflation rose 1.6% in February,...
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
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